‘Golden decade next’, Mukesh Ambani’s 10-year plan for Reliance Industries
6 years, 6 months ago

‘Golden decade next’, Mukesh Ambani’s 10-year plan for Reliance Industries

Live Mint  

Mumbai: Mukesh Ambani, India’s richest man, said on Thursday that Reliance Industries Ltd aims to double sales in about seven years, even as the company explores ways to boost profitability of its mainstay refinery and chemicals businesses. RIL has invested about ₹ 2.5 trillion in telecom unit Reliance Jio Infocomm Ltd, through which Ambani wants to venture into e-commerce, healthcare, education and agriculture in the next two years. On the consumer side, Ambani’s immediate bet is on optical fibre-based fixed-line broadband which, he claimed, offers hundreds of megabits per second of data speeds and will allow RIL to offer smart home solutions. “It is our belief that the rapidly increasing demand for petrochemicals maximizing oil-to-chemicals conversion will play a catalytic role in determining profitability of hydrocarbons businesses of the future,” Ambani said.

India Jio Businesses Reliance Ambani Ril  petrochemicals  businesses  consumer  ambani  fuels  mukesh  industries  trillion  jio  plan  golden  10year  fibre  ambanis  reliance  decade  ril

History of this topic

Reliance shares: Bernstein, Jefferies bullish on Mukesh Ambani company, see up to 36% upside potential; stock rises 2%
1 week, 1 day ago

Reliance shares: Bernstein, Jefferies bullish on Mukesh Ambani company, see up to 36% upside potential; stock rises 2%

Live Mint  

Shares of Reliance Industries Limited rose by over 2 per cent in intra-day trading on Wednesday, January 8, as global brokerage firms Bernstein and Jefferies reiterated their bullish views on the stock. According to Bernstein, Jio’s Average Revenue Per User is anticipated to grow by 12 per cent in the near term, even without tariff hikes, supported by subscriber growth …

Isha Ambani proudly reflects on legacy at Jamnagar Refinery's 25th anniversary celebration
2 weeks ago

Isha Ambani proudly reflects on legacy at Jamnagar Refinery's 25th anniversary celebration

India TV News  

Celebrating 25 years of the Jamnagar Refinery, Isha Ambani-Piramal, Director of Reliance Industries Limited, delivered a heartfelt address to employees and their families gathered to commemorate the occasion. The event marked the journey of one of the world's largest and most complex refineries, a project envisioned by Reliance founder Dhirubhai Ambani and brought to life by Mukesh Ambani's steadfast leadership. …

CA Rudra Murthy says 2025 will be the year to buy value, recommends top 10 stocks to buy, sectors he is bullish on
3 weeks, 1 day ago

CA Rudra Murthy says 2025 will be the year to buy value, recommends top 10 stocks to buy, sectors he is bullish on

Live Mint  

CA Rudra Murthy B.V., founder director of Vachana Investments and author of the Amazon bestseller ‘Mind Markets & Money’, has experienced several stock market cycles in his nearly two-decade-long investing career. In this context, Rudra Murthy suggests that large-cap stocks will perform better in 2025, and investors should steer clear of mid-cap and small-cap stocks where valuation comfort is lacking. …

Reliance shares price poised for 50% returns? 5 key reasons why Mirae Asset Sharekhan is bullish on the stock
3 weeks, 3 days ago

Reliance shares price poised for 50% returns? 5 key reasons why Mirae Asset Sharekhan is bullish on the stock

Live Mint  

Stock Market Today: Reliance Industries share price remains in a downtrend after hitting a one-year or 52-week high of ₹1,608.95 in July. Mirae Asset Sharekhan has given a target price of ₹1817 for Reliance Industries shares as they remain among its top conviction investment ideas. Jio has revolutionised the Indian telecommunications industry, becoming the dominant player in the domestic telecom …

RIL preparing for Jio IPO next year, retail business to go public much later
2 months, 1 week ago

RIL preparing for Jio IPO next year, retail business to go public much later

Live Mint  

Reliance Jio IPO: Reliance Industries Ltd aims to list its subsidiary Jio Platforms Ltd, which houses the country’s largest telecom company, in 2025, two people familiar with the development said. Reliance Jio Infocomm Ltd, a fully owned subsidiary of Jio Platforms, houses the group’s telecom services business, offering voice and data services to more than 479 million consumers in the …

Isha Ambani Charts Out Expansion Plans For Reliance Retail's Food, Grocery Business
4 months, 2 weeks ago

Isha Ambani Charts Out Expansion Plans For Reliance Retail's Food, Grocery Business

News 18  

Reliance AGM 2024: Isha Ambani, the Director of Reliance Retail Ventures Limited, shared the latest updates and plans for the retail business. Talking about plans for Reliance Retail during the 47th AGM of Reliance Industries on August 29, Isha Ambani said that the business is establishing 7-Eleven stores as a leading 24×7 convenience destination, offering localised fresh food and beverages …

RIL AGM 2024: Reliance Retail Among Top-5 Global Retailers In Store Numbers, Mukesh Ambani Shares 6 Pillars
4 months, 2 weeks ago

RIL AGM 2024: Reliance Retail Among Top-5 Global Retailers In Store Numbers, Mukesh Ambani Shares 6 Pillars

News 18  

Reliance AGM 2024 Live: Reliance Industries chairman Mukesh Ambani on Thursday announced that Reliance Retail is among the top 5 global retailers in terms of number of stores. During the year, Reliance Retail undertook an equity fund raise of ₹17,814 crore, achieving a valuation milestone of USD 100 billion. Mukesh Ambani shared six pillars of retail business; “First, the retail …

Reliance AGM 2024: Reliance to build Gigawatt-scale, AI-ready data centres in Jamnagar, says Mukesh Ambani
4 months, 2 weeks ago

Reliance AGM 2024: Reliance to build Gigawatt-scale, AI-ready data centres in Jamnagar, says Mukesh Ambani

India TV News  

Reliance AGM 2024: Reliance chairman Ambani on Thursday made a big announcement and said the Reliance will be building Gigawatt-scale, AI-ready data centres in Gujarat’s Jamnagar. We plan to establish gigawatt-scale AI-ready data centres in Jamnagar, powered entirely by Reliance’s green energy, reflecting our commitment to sustainability and a greener future.” He stated that the prime goal is to create …

Reliance AGM: 5 top expectations to watch out for, where to watch
4 months, 2 weeks ago

Reliance AGM: 5 top expectations to watch out for, where to watch

India Today  

Reliance Industries Limited is set to hold its 47th Annual General Meeting on Thursday with all eyes on it as details about a lot of crucial plans are expected to be shared today. The virtual meeting will begin at 2:00 PM and Mukesh Ambani, the Chairman of RIL, will address shareholders and provide updates on several important aspects of the …

Reliance AGM 2024: Mukesh Ambani says Reliance will consider issuing bonus shares in 1:1 ratio
4 months, 2 weeks ago

Reliance AGM 2024: Mukesh Ambani says Reliance will consider issuing bonus shares in 1:1 ratio

India TV News  

Reliance AGM 2024: Reliance Industries Chairman Mukesh Ambani on Thursday addressed the shareholders at the RIL AGM 2024 and said Reliance is truly blessed to make humble but crucial contribution to India. Mukesh Ambani said that the Reliance will be holding a board of directors meeting on September 5 to consider issuing bonus shares in the ratio of 1:1. We …

Ambanis: Asia’s richest family’s wealth is 10% of India’s GDP
5 months ago

Ambanis: Asia’s richest family’s wealth is 10% of India’s GDP

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mukesh Ambani’s 29-year-old son Anant’s over-the-top wedding festivities started …

Reliance shares can create up to $100 billion wealth, Morgan Stanley predicts. Should you invest?
6 months, 2 weeks ago

Reliance shares can create up to $100 billion wealth, Morgan Stanley predicts. Should you invest?

Hindustan Times  

Morgan Stanley said that Reliance Industries Ltd can add up to $100 billion to it market capitalisation in its fourth monetisation cycle this century as new cash flow streams emerge and valuation multiples catch up. Investments made in new energy, retail expansion to take market share from the unorganised sector, and repurposing of existing energy businesses provide a long runway …

Stocks to Watch: Sun Pharma, Apollo Hospitals, Muthoot Finance, Jio Financial, Tube Investments
7 months, 2 weeks ago

Stocks to Watch: Sun Pharma, Apollo Hospitals, Muthoot Finance, Jio Financial, Tube Investments

Live Mint  

Here are the top ten stocks that are likely to be in news on Friday: Sun Pharmaceutical Industries: The pharmaceutical company has agreed to a preferential offer to acquire a 14.28% stake in the Indian Foundation for Quality Management for ₹12.5 crore. Apollo Hospitals Enterprises: The company reported a consolidated net profit of ₹253.8 crore for the quarter ended March, …

Mukesh Ambani's JioMart to enter quick commerce space in June? What we know
7 months, 2 weeks ago

Mukesh Ambani's JioMart to enter quick commerce space in June? What we know

Hindustan Times  

Mukesh Ambani's Reliance Industries may enter the quick commerce space as early as next month, it was reported. Reliance Retail's JioMart could launch the service soon to take on Zomato's Blinkit, Tata Group's BigBasket, Swiggy's Instamart and Zepto, Times of India reported citing people in the know. JioMart will not adopt a dark store model for its quick commerce operations …

SBI topples Reliance Industries as most profitable company, logs in a record Rs 20,698 crore net in Q4
8 months, 1 week ago

SBI topples Reliance Industries as most profitable company, logs in a record Rs 20,698 crore net in Q4

New Indian Express  

MUMBAI: The nation’s largest lender State Bank of India has reported record quarterly and annual profit numbers with a 24 percent growth in the March quarter earnings at Rs 20,698 crore—the highest in the entire India Inc including that of the otherwise most-profitable Reliance Industries, while annual profit peaked at Rs 61,077 crore. At Rs 20,698 crore, SBI’s March quarter …

RIL Q4 results today: Here are key things to track and look out for
8 months, 3 weeks ago

RIL Q4 results today: Here are key things to track and look out for

Hindustan Times  

Reliance Q4 results today: Mukesh Ambani-led Reliance Industries Ltd. is set to release its March quarter results today. Date and time of RIL Q4 results: Reliance Industries- India’s largest company in terms of market capitalisation- will declare the results of the fourth quarter of financial year 2023-24 today. RIL Q4 results expectations: Prabhudas Lilladher expects the conglomerate to report 10.7 …

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore
11 months ago

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore

Hindustan Times  

Mukesh Ambani-led Reliance Industries Limited became the first Indian company to achieve a market capitalisation of ₹20 lakh crore. Mukesh Ambani, chairman of Reliance Industries Limited, The market valuation of the company surged to ₹20,01,279.72 crore during the intra-day session and at close, the market capitalisation stood at ₹19,81,635.72 crore. On the NSE, shares of Reliance Industries rose nearly 1.89 …

Reliance Industries Q3 Results: Net Profit Jumps 9 Per Cent To Rs 17,265 Crore
11 months, 3 weeks ago

Reliance Industries Q3 Results: Net Profit Jumps 9 Per Cent To Rs 17,265 Crore

ABP News  

Reliance Industries Ltd on Friday clocked a 9 per cent rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals. The company's net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December, the third quarter of the current 2023-24 fiscal, was 9.3 …

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore
11 months, 4 weeks ago

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore

India TV News  

Reliance Industries Limited reported a 9 per cent rise in its third quarter net profit which stood at Rs 17,265 crore. Jio Platforms Limited witnessed an 11.4 per cent Y-o-Y increase in revenue, driven by robust subscriber growth in mobility and homes, along with improved average revenue per user. Reliance Retail Ventures Limited showed a strong performance, with a 22.8 …

Reliance Jio Q3 net profit surges 12.2 per cent to Rs 5,208 crore, revenue rises 10.3 per cent to Rs 25,368
11 months, 4 weeks ago

Reliance Jio Q3 net profit surges 12.2 per cent to Rs 5,208 crore, revenue rises 10.3 per cent to Rs 25,368

India TV News  

India's largest telecom operator, Reliance Jio, reported a 12.2 per cent increase in its net profit for the December quarter, reaching Rs 5,208 crore. Jio's revenue from operations also showed positive growth, rising by 10.3 per cent to Rs 25,368 crore in the third quarter, compared to Rs 22,998 crore in the year-ago period. The company's earnings before interest, taxes, …

Mukesh Ambani rejoins $100 billion club as Reliance stock surges record 2.6%
1 year ago

Mukesh Ambani rejoins $100 billion club as Reliance stock surges record 2.6%

Live Mint  

Mukesh Ambani is once again a centibillionaire. The richest person in India — and in Asia — saw his wealth climb $2.8 billion to $101.8 billion Thursday, as shares of his flagship, Reliance Industries Ltd., rose 2.6% to close at a record high. The listing last year of Reliance’s financial services unit, Jio Financial Services Ltd., helped to broaden the …

Gautam Adani fortune tanked ₹3 lakh crore in 2023. How Mukesh Ambani fared?
1 year ago

Gautam Adani fortune tanked ₹3 lakh crore in 2023. How Mukesh Ambani fared?

Hindustan Times  

Gautam Adani's fortune saw a significant decline of $37.3 billion, reaching $83.2 billion, marking a 31 per cent decrease, according to Bloomberg Billionaires Index. The chairman of Reliance Industries has a fortune standing at $97.1 billion, reflecting a notable increase of $9.98 billion, registering 11.5 per cent growth in 2023. Tech billionaires witnessed a 48 per cent increase in their …

RIL Eyeing Digital Data Platforms, AI Adoption
1 year ago

RIL Eyeing Digital Data Platforms, AI Adoption

Deccan Chronicle  

New Delhi: As artificial intelligence is gradually getting a prominent shape in global businesses’ space, billionaire Mukesh Ambani, chairman and managing director at Reliance Industries, said that Reliance is now aiming to consolidate a place among global leaders in digital data platforms and artificial intelligence adoption. The Ambani further said that as India races ahead to become the world’s third …

Reliance Jio plans 'Bharat GPT' AI model for India: Everything you need to know
1 year ago

Reliance Jio plans 'Bharat GPT' AI model for India: Everything you need to know

India TV News  

Reliance Jio, India's leading telecom provider, is teaming up with the Indian Institute of Technology-Bombay to create 'Bharat GPT,' a large-language model designed specifically for India. “At present, we have just scratched the surface with large language models and generative AI and the next decade will be defined by these applications,” Ambani said AI in the Next Decade Akash Ambani …

RIL invested ₹45,000 crore in West Bengal, additional Rs. 20,000 crore planned
1 year, 1 month ago

RIL invested ₹45,000 crore in West Bengal, additional Rs. 20,000 crore planned

Live Mint  

Reliance Industries has invested ₹45,000 crore in West Bengal and is further planning to invest additional Rs. 20,000 crore in the next three years, chairman Mukesh Ambani said at the 7th Edition of Bengal Global Business Summit in Kolkata. Ambani further said that Reliance Retail will also expand the number of retail stores from 1000 to 1200 within next two …

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani
1 year, 1 month ago

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani

India TV News  

Reliance Industries chairman and MD Mukesh Ambani has announced that an additional Rs 20,000 crore will be invested in West Bengal in the next three years. "We plan to invest an additional Rs 20,000 crore in Bengal in the next three years for enhancing digital life solutions, augmenting Reliance Retail footprint and on bio-energy," he said at the Bengal Global …

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz
1 year, 2 months ago

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz

Live Mint  

Reliance Industries Q2 Results Highlights: Billionaire Mukesh Ambani-led Reliance Industries announced its July-September quarter results for fiscal 2023-24, reporting a rise of 27 per cent in consolidated net profit at ₹17,394 crore, compared to ₹13,656 crore in the corresponding period last year. Reliance Industries Q2 Earnings Live: RIL's media biz Revenue from operations for the segment grew 20.4 per cent …

Stocks to Watch: HDFC Bank, Jio Financial, Grasim, SpiceJet, ICICI Securities
1 year, 2 months ago

Stocks to Watch: HDFC Bank, Jio Financial, Grasim, SpiceJet, ICICI Securities

Live Mint  

Here are the top stocks that could be in focus in today's trade: HDFC Bank: HDFC Bank Ltd on Monday reported a 51% jump in profit in the September quarter, beating analysts’ estimates, on higher other income and lower provisions. The bank saw net profit rise to ₹15,976 crore in the quarter that ended 30 September from ₹10,605 crore in …

In charts: Jio Financial Services’ promise of the future
1 year, 4 months ago

In charts: Jio Financial Services’ promise of the future

Live Mint  

The Mukesh Ambani-led Reliance Group likes to do everything big, from announcement to business scale. Reliance Industries first announced the demerger of Jio Financial Services from itself in late-2022. Ultimately, six other Reliance subsidiaries were housed in a company, Reliance Strategic Investments, which was renamed to Jio Financial Services. Its valuations will be driven by its investments in Reliance entities …

Mukesh Ambani’s Reliance Retail in talks to raise $2.5 billion: Report
1 year, 4 months ago

Mukesh Ambani’s Reliance Retail in talks to raise $2.5 billion: Report

Live Mint  

Indian billionaire Mukesh Ambani's Reliance Retail Ventures is in advanced talks with global investors to raise around $2.5 billion by the end of September, ahead of a potential stock market listing, people familiar with the matter told Reuters. Three sources said the target fund raise of $2.5 billion is part of a combined $3.5 billion target the firm has set …

RIL AGM 2023: Mukesh Ambani lists 5 goals that will fulfil dreams of 1.4 billion Indians
1 year, 4 months ago

RIL AGM 2023: Mukesh Ambani lists 5 goals that will fulfil dreams of 1.4 billion Indians

Firstpost  

At the 46th RIL AGM, Mukesh Ambani called the new Reliance ‘a new-age technology company. Today, we are a producer, deployer and democratiser of technology’ Mukesh Ambani, Chairman and Managing Director of Reliance Industries, on Monday listed out five goals that will fulfil the dreams of all 1.4 billion Indian. Speaking about his futuristic plans at the Reliance Industries Limited’s …

Reliance AGM 2023: From financial performance to AI revolution, read full speech
1 year, 4 months ago

Reliance AGM 2023: From financial performance to AI revolution, read full speech

Live Mint  

Reliance AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani on Monday addressed the 46th Annual General Meeting of the company. The inaugural Jio True5G Lab will be located at the Reliance Corporate Park, acting as the nerve centre for shaping India’s 5G future. That’s why I am so proud of our forthcoming joint venture in India with Jio Financial Services, …

Jio 5G on track to cover entire country by Dec; JioAirFiber to be launched on Ganesh Chaturthi: Mukesh Ambani
1 year, 4 months ago

Jio 5G on track to cover entire country by Dec; JioAirFiber to be launched on Ganesh Chaturthi: Mukesh Ambani

The Hindu  

Reliance Jio's 5G services marks the fastest-ever rollout of this scale anywhere in the world, and the company is "on track" to cover the entire country with the ultra high-speed network by December this year, RIL Chairman Mukesh Ambani said on August 28. Mr. Ambani said that Jio was launched seven years ago with a mission to transform India into …

Reliance AGM 2023: Mukesh Ambani To Remain Chairman & MD for Next 5 Years
1 year, 4 months ago

Reliance AGM 2023: Mukesh Ambani To Remain Chairman & MD for Next 5 Years

News 18  

Mukesh Ambani, chairman of Reliance Industries Limited, on Monday addressed the 46th Annual General Meeting. This AGM closely follows the listing of Jio Financial Services and Qatar Investment Authority’s purchase of a stake in Reliance Retail Ventures Limited. While chairman Mukesh Ambani-led conglomerate is set for its 46th AGM, investors have been eagerly waiting for announcements on the timeline of …

Ambani Scions Made Reliance Board Members
1 year, 4 months ago

Ambani Scions Made Reliance Board Members

Deccan Chronicle  

The Reliance Industries Limited held its 46th Annual General Meeting for its shareholders on Monday. Changes in Reliance Board Nita Ambani stepped down from the Board of Directors of Reliance Industries Limited, making way for children Isha, Akash and Anant to become the non-executive directors on the RIL Board. Key Takeaways Jio Financial Services was mini bonus for long-term RIL …

Reliance AGM 2023: ‘Jio to lead India-specific AI solutions,’ says Mukesh Ambani while speaking on AI revolution
1 year, 4 months ago

Reliance AGM 2023: ‘Jio to lead India-specific AI solutions,’ says Mukesh Ambani while speaking on AI revolution

Live Mint  

Reliance AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani on Monday spoke about the AI revolution in the world while addressing the 46th Annual General Meeting of the company. While emphasizing on the need to harness AI for innovation, growth, and India's prosperity, Mukesh Ambani said that Jio will lead India-specific AI solutions. {{^adFree}} {{/adFree}} “Withing the RIL Group, we …

RIL 46th AGM: Ambani scions to join Reliance board
1 year, 4 months ago

RIL 46th AGM: Ambani scions to join Reliance board

Live Mint  

On the 46th RIL AGM, Reliance Industries Ltd appointed Isha Ambani, Akash Ambani, and Anant Ambani as directors to the board of the oil-to-telecoms conglomerate. In an exchange filing, RIL informed shareholders on Monday, "The Board of Directors of RIL, at its meeting held today, on the recommendation of the Human Resources, Nomination and Remuneration Committee, considered and recommended to …

Mukesh Ambani Hails Network18's 'Great Progress' in Becoming Top News Network, Roots for JioCinema
1 year, 4 months ago

Mukesh Ambani Hails Network18's 'Great Progress' in Becoming Top News Network, Roots for JioCinema

News 18  

Indian Premier League, which was streamed for free on JioCinema for the first time, set a global record with a staggering 45 crore viewers tuning in to the platform, Mukesh Ambani, Chairman of Reliance Industries Limited, said as he addressed the 46th Annual General Meeting in Mumbai on Monday. Highlighting RIL’s progress in the media and entertainment sector, Ambani said …

Reliance AGM 2023: Jio promises AI to everyone, everywhere, says Mukesh Ambani
1 year, 4 months ago

Reliance AGM 2023: Jio promises AI to everyone, everywhere, says Mukesh Ambani

Hindustan Times  

Reliance Industries Limited chairperson Mukesh Ambani on Monday said the company is committed to create up to 2,000 MW of Artificial Intelligence-ready computing capacity. Jio Platforms wants to lead in developing India-specific AI models and AI-powered solutions across domains, thereby delivering benefit of AI to Indians, businesses and government”, Ambani said at the business conglomerate's 46th annual genera meeting via …

RIL AGM 2023: Reliance added 2.6 lakh jobs in FY23, says Mukesh Ambani
1 year, 4 months ago

RIL AGM 2023: Reliance added 2.6 lakh jobs in FY23, says Mukesh Ambani

Live Mint  

RIL AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani, stated that Reliance had created 2.6 lakh new employment in the previous year. Reliance Industries has cumulatively invested more than $150 billion in the last 10 years, said Chairman Mukesh Ambani. Reliance Industries Chairman Mukesh Ambani congratulated all the scientists of ISRO on the success of the Chandrayaan 3 mission. The …

RIL AGM 2023: Isha, Akash and Anant Appointed On RIL board; Nita Ambani to Step Down
1 year, 4 months ago

RIL AGM 2023: Isha, Akash and Anant Appointed On RIL board; Nita Ambani to Step Down

News 18  

RIL AGM 2023: Reliance Industries Ltd on Monday, August 28, said its RIL board has recommended appointment of Isha Ambani, Akash Ambani and Anant Ambani on its board of directors. ISHA M AMBANI Isha M Ambani is part of the executive leadership teams as a Member of the Board at Reliance Retail Venture Ltd, Reliance Jio and Reliance Foundation, Reliance …

Reliance AGM 2023: ‘We are now a new-age tech company’ says RIL chairman
1 year, 4 months ago

Reliance AGM 2023: ‘We are now a new-age tech company’ says RIL chairman

Live Mint  

Reliance AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani on Monday addressed the 46th Annual General Meeting and affirmed that RIL has now become a ‘New Reliance’ which is a new-age technology company with distinctive capabilities. These achievements are a testament to our faith in India to the unlimited India opportunity and to the boundless Indian talent,” RIL Chairman Mukesh …

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%
1 year, 4 months ago

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%

Business Standard  

Shares of Reliance Industries Limited were flat at Rs 2,483 apiece on the BSE in Monday's intra-day trade ahead of 46th annual general meeting. As of 10:55 am, shares of JFSL were up 4.7 per cent to Rs 222 apiece on the BSE, while the stock clinched itself as top Nifty50 performer, up 3.7 per cent on the NSE. In …

Reliance share price volatile ahead of 46th AGM
1 year, 4 months ago

Reliance share price volatile ahead of 46th AGM

Live Mint  

Reliance Industries share price opened nominally higher but traded volatile in early deals on Monday ahead of the company's 46th Annual General Meeting. Prashanth Tapse, Senior VP of Research at Mehta Equities underscored that all eyes would be on RIL AGM and its announcement focusing on Jio Financial's future outlook post-demerger and other high hopes on Future Retail IPO, Reliance …

Reliance AGM 2023 today: Top five announcements to watch out for
1 year, 4 months ago

Reliance AGM 2023 today: Top five announcements to watch out for

Live Mint  

Reliance AGM date for the year 2023 has been fixed on 28th August 2023 i.e. In this Reliance AGM 2023, investors and market observers are expecting a slew of announcements, which includes Reliance Jio IPO, Reliance Retail IPO, roll out of Jio 5G, etc. Update about Reliance Jio and Reliance Retail IPO Expecting more updates in regard to value unlocking …

Reliance AGM 2023: Jio 5G, JioAir Fiber, and key announcements expected | All details here
1 year, 4 months ago

Reliance AGM 2023: Jio 5G, JioAir Fiber, and key announcements expected | All details here

India TV News  

Reliance Industries Ltd has recently announced the date for its highly anticipated 46th Annual General Meeting, scheduled for August 28, 2023. The event is set to be a major highlight of the year, featuring discussions on various crucial aspects of the company's ventures, especially regarding the future of Jio 5G and related tariff plans. Mukesh Ambani, Chairman of Reliance Industries, …

Mukesh Ambani’s Reliance Industries Limited may sell 8-10% stake in RRVL: Report
1 year, 4 months ago

Mukesh Ambani’s Reliance Industries Limited may sell 8-10% stake in RRVL: Report

Live Mint  

Ahead of the proposed IPO of Reliance Retail Ventures Ltd, Mukesh Ambani's RIIL is planning to sell an additional 8-10% stake in RRVL, reported Economic Times citing inputs from industry experts. On Thursday, Qatar Investment Authority announced an investment of ₹8,278 crores into Ambani's Reliance Retail Ventures Limited, a subsidiary of Reliance Industries Limited. Isha Mukesh Ambani, director, Reliance Retail …

RIL shares volatile as all eyes on 46th AGM; experts positive on the stock
1 year, 4 months ago

RIL shares volatile as all eyes on 46th AGM; experts positive on the stock

Live Mint  

A day after suffering a loss of 1.50 per cent, shares of Reliance Industries traded volatile in the morning trade on BSE on Tuesday, August 22 as investors fix their eyes on the company's 46th Annual General Meeting on Monday, August 28 at 2:00 pm. Jio Financial Services Limited, formerly known as Reliance Strategic Investments Limited, the demerged financial arm …

Over 41,000 Reliance Jio employees resigned in FY23, annual reports reveal
1 year, 5 months ago

Over 41,000 Reliance Jio employees resigned in FY23, annual reports reveal

India Today  

Reliance Industries Ltd experienced a significant increase in the number of employees choosing to leave the company voluntarily in its retail and telecom divisions during 2022-23. The details shared by Live Mint reveal that this rise in departures was partly due to operational redundancies and duplication of roles after RIL made several acquisitions in the retail segment. Despite the increase …

Reliance Jio witnesses a remarkable growth with 90 lakh net subscriber additions in Q1 2023
1 year, 5 months ago

Reliance Jio witnesses a remarkable growth with 90 lakh net subscriber additions in Q1 2023

India TV News  

Jio Platforms has recorded a significant 12.5% year-over-year increase in net profit and reached up to Rs. During the reported quarter, Jio Platforms witnessed a net addition of over 90 lakh subscribers, with total data traffic soaring over 28% YoY to 33.2 billion gigabytes. Jio Platforms, which includes telecom arm Reliance Jio Infocomm and various startups, has seen significant progress …

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