Tag: new announcements

Reliance AGM 2022 highlights

Monday, August 29, 2022
Reliance Industries Limited (RIL) held its 45th annual general meeting (AGM) on Monday. RIL's chairman Mukesh Ambani made a slew of announcements. He said Reliance Jio 5G will be rolled out by Diwali across multiple key cities including metro cities of Delhi, Mumbai, Chennai, and Kolkata He said that the company will invest Rs 2 lakh crore for a pan-India 5G network. Reliance Retail will launch its FMCG business this year, Reliance Retail Ventures Ltd Director Isha Ambani said on Monday. The objective of this business will be to develop and deliver products and solve every Indian's daily needs, with high-quality products at affordable pricing, Meta and Jio Platforms announced the launch of an end-to-end shopping experience on WhatsApp, where consumers can shop from JioMart right within their WhatsApp chat. Mukesh Ambani announced that the company will be setting up gigafactories for photovoltaic panels, energy storage, green hydrogen, and for fuel cell systems. Read more