Reliance Foundation has set up 116 vaccination centres across 109 cities in the country to help speed up the vaccination drive, said Nita Ambani at the company’s 44th Annual General Meeting, held virtually.

Reliance Industries has made “substantial progress” in its discussions with Saudi Aramco for the latter picking up a stake in RIL’s O2C (Oil to Chemicals) business, Chairman Mukesh Ambani said in his address to shareholders at the company’s 44th AGM, held virtually. He said he expected the partnership to be formalised during this year.

RM Agarwal, chairman and managing director, ITI, spoke about the better than expected fourth-quarter performance and the business outlook, adding that that ITI is hopeful of 50 percent plus revenue growth, given its strong orderbook.

Reliance Industries did not cut any jobs or salaries during the COVID pandemic that has been raging since last year, Nita Ambani said at the company’s 44th AGM.