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Aug 28, 2023 8:17 PM

Reliance AGM | Mukesh Ambani says energy business will be net carbon zero by 2035

Reliance AGM 2023: Reliance Industries Chairman Mukesh Ambani on August 28 announced the firm’s oil-to-chemical business is well on its way to achieve net carbon zero by 2035 through the use of renewables and bioenergy for a sustainable and green business.

Aug 28, 2023 8:15 PM

Reliance AGM 2023: Jio AirFiber launch on Ganesh Chaturthi, September 19 says Mukesh Ambani

Reliance Industries’ chairman Mukesh Ambani addressed the 46 annual general meeting (AGM) of shareholders on August 28 where he said that Jio AirFiber will launch on the occasion on Ganesh Chaturthi, September 19.

Aug 28, 2023 7:55 PM

Isha, Akash and Anant Ambani to join RIL board as non-executive directors

As per the details put out, this decision is taken after the recommendation of the Human Resources, Nomination and Remuneration Committee and the appointments will take effect from the date the three assume office after an approval by the shareholders.

Aug 28, 2023 7:41 PM

Reliance AGM unveils Ambani's pledge for enhanced value creation | Experts evaluate

A fresh cohort of successors has been welcomed onto the board of Reliance Industries, yet Mukesh Ambani will continue to serve as the chairman for the upcoming five years. These significant revelations were part of the array of major announcements unveiled at the Reliance Annual General Meeting.

Discussing RIL's endeavours in green energy, Probal Sen, an Energy Analyst at ICICI Securities, remarked positively on the transparency and additional insights provided regarding the new energy sector. The commitment to achieving net zero by 2035 indicates a significant acceleration in the establishment of giga factories for both solar and wind energy.

Read more here

Aug 28, 2023 7:11 PM

Reliance AGM | Jio promises AI to everyone, everywhere, says Chairman Mukesh Ambani

Mukesh Ambani, Chairman of Reliance Industries Limited, announced that Jio Platforms will focus on India-specific AI models and solutions across various sectors. Ambani emphasised the need for India to lead in the global AI revolution and highlighted the importance of utilising AI for innovation and growth.

Aug 28, 2023 7:04 PM

Reliance AGM unveils Ambani's pledge for enhanced value creation | Experts evaluate

Mukesh Ambani, the head of Reliance Industries Limited (RIL), at the 46th Annual General Meeting held on Monday, revealed that Jio's 5G network will achieve nationwide coverage before the year concludes.

Aug 28, 2023 6:53 PM

Isha Ambani to lead RIL's upcoming Nita Mukesh Ambani Junior School

Nita Ambani also announced that the group's flagship Dhirubhai Ambani International School continues to rank amongst the top IB schools.

Aug 28, 2023 6:46 PM

Jio Financial shares: Three reasons why JFSL will succeed, explains Mukesh Ambani

Reliance has capitalised JFS with a net worth Rs 1.2 lakh crore to create one of the world’s highest capitalised financial service platforms at inception, RIL Chairman and MD Mukesh Ambani said at the 46th AGM of RIL.

Aug 28, 2023 6:37 PM

Reliance Industries and BlackRock forge partnership to transform India's asset management industry

The joint venture combines the strengths of both entities: Jio Financial Services' digital infrastructure capabilities and local market knowledge, and BlackRock's global investment and risk management expertise.

Aug 28, 2023 6:25 PM

Reliance AGM | JioCinema is shaping the future of entertainment consumption in India

Reliance Industries’ chairman Mukesh Ambani said that the company's media wing Network18 "made great progress in its journey to becoming the top news network in India". He was speaking at 46th annual general meeting (AGM) of shareholders on Monday.

Aug 28, 2023 6:18 PM

Reliance AGM 2023 | Jio Financial Services to launch life and general insurance products: Mukesh Ambani

Reliance AGM 2023 | The move marks a strategic expansion of JFS's offerings, aiming to provide customers with comprehensive financial solutions under one umbrella.

Aug 28, 2023 6:08 PM

Reliance AGM 2023 Live Updates | Amnish Aggarwal on Reliance Retail

Amnish Aggarwal, Head of Research at Prabhudas Lilladher, has expressed confidence in the remarkable transformation and robust growth of Reliance Retail, highlighting its improved scale and business context. Aggarwal noted that Reliance Retail, which garnered substantial interest and investments from prestigious global investors in 2020-21, has undergone significant positive changes since then.

Today, Reliance Retail stands in a much stronger and larger position than it did previously. The retail sector within the conglomerate has continued to consolidate its presence in the Indian market. This consolidation has positioned Reliance Retail favorably, making it a significant player in the Indian retail landscape.

Aggarwal emphasised that India, being a vast market with limited retailers capable of offering extensive coverage across the country, places Reliance Retail in an advantageous position. The company's ability to provide a wide range of products and services across the nation positions it for a promising future in the medium to long term.

You can read more about Reliance Retail here.

Aug 28, 2023 5:56 PM

Reliance AGM 2023 | Bill Gates and Mukesh Ambani join hands to elevate healthcare, climate solutions

The 46th Reliance Annual General Meeting (AGM) of shareholders witnessed a momentous occasion as Bill Gates took the stage to commend India's impressive strides in healthcare and unveil collaborative health initiatives between his foundation, Breakthrough Energy, and Reliance Industries.

Aug 28, 2023 5:37 PM

Reliance AGM 2023 Live Updates | Balaji Subramanian on Reliance Jio

Balaji Subramanian, Vice President of IIFL Securities, has shared insights on some key expectations and announcements from Reliance Industries' Annual General Meeting (AGM). He noted several points of interest:

Affordable 5G Handsets: One of the expectations was regarding the launch of affordable 5G handsets. However, there was no information provided about this during the AGM. Subramanian suggests that while there may not have been any announcements at the AGM, it's possible that Reliance could introduce such handsets in the near future, perhaps around the festive season or Diwali.

JioBharat Phone: There was a reiteration of the benefits of the JioBharat phone during the AGM. Subramanian mentioned that Jio is on track to achieve its target of providing pan-India 5G coverage by the end of calendar year 2023. This indicates the company's commitment to expanding its 5G network infrastructure.

JioAirFiber Launch: According to Subramanian, the most significant announcement at the AGM, in his view, was the launch of JioAirFiber. This suggests that Jio's entry into the home broadband and internet services market, with a focus on providing high-speed connectivity, is a noteworthy development.

You can read more about Reliance Jio here.

Aug 28, 2023 5:29 PM

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