Live updates for the 2023 Reliance AGM: India will have reached complete development by 2047, according to RIL Chairman Mukesh Ambani at the 46th AGM.
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Reliance AGM 2023 LIVE Updates: Reliance Industries Chairman Mukesh Ambani began his speech with tribute and congratulations to ISRO for the Chandrayaan-3 mission. The market is expecting multiple announcements in the Reliance AGM 2023 around Future Retail IPO, Reliance Jio IPO, etc.
Live updates for the 2023 Reliance AGM: On Monday, August 28, 2023, Reliance Industries Limited (RIL) started its 46th Annual General Meeting. Video conferencing is being used at the AGM. Anyone interested in watching the Reliance AGM 2023 can do so by clicking on here.direct link .
The market anticipates many announcements at the Reliance AGM in 2023 including Future Retail IPO, Reliance Jio IPO, the release of 5G devices, information on Jio Financial Services, and RIL’s future succession plans.
Prior to the Reliance AGM 2023, RIL’s share price was up. View all the Reliance AGM 2023 live updates here.
Reliance AGM 2023 LIVE Updates: Nearly 85% of the total 5G cells operational in India are in Jio’s network: Ambani
LIVE Reliance AGM 2023: By the end of this year, we want to have nationwide coverage for our 5G services. The Jio network includes around 85% of all 5G cells that are currently active in India. Average monthly data use per user has increased to nearly 25 GB. By December, our network will have approximately 1 million 5G cells operational, according to Mukesh Ambani.
Reliance AGM 2023 LIVE Updates: RIL board recommends the appointment of Isha, Akash and Anant Ambani on the Board of Directors; Nita Ambani to step down
Reliance AGM 2023 LIVE: The Board of Directors of Reliance Industries met today and decided to suggest Isha, Akash, and Anant Ambani be appointed as Non-Executive Directors of the Company to the shareholders for approval. After being approved by the shareholders, their appointment will become effective on the day they enter office.
The Board of Directors also accepted Nita Ambani’s resignation from the Board in recognition of her choice to devote her time and energy to leading and enabling the Reliance Foundation to have an even bigger effect on India.
Reliance AGM 2023 LIVE: Reliance added 2.6 lakh jobs in FY23
Live updates for the 2023 Reliance AGM: Consolidated sales for Reliance Industries were $9,74,864 crore, while EBITDA for FY23 was $1,53,920 crore. 73,670 crore was the net profit. Reliance broke all previous records for job creation. In FY23, Reliance created 2.6 lakh new jobs.
Reliance AGM 2023 LIVE: India to be fully developed nation by 2047: Mukesh Ambani
Live updates for the 2023 Reliance AGM: This is a brand-new, self-assured India. By 2047, India will achieve complete development, according to RIL Chairman Mukesh Ambani.
The rising new India has been pioneered by New Reliance. We have set and attained targets that seemed insurmountable, Ambani continued.
Reliance AGM 2023 LIVE: RIL invested over $150 billion in last 10 years: Mukesh Ambani
Reliance AGM 2023 LIVE Updates: Reliance Industries has cumulatively invested more than $150 billion in the last 10 years, says Chairman Mukesh Ambani.
Reliance AGM 2023 LIVE Updates: Reliance reiterates capex commitment of $10 billion over 3 years in New Energy business
Reliance AGM 2023 Live: According to the company’s FY23 Annual Report, RIL has reaffirmed its capex commitment of $10 billion over three years in the New Energy business and its willingness to double its investment in order to meet its goal of achieving Net Carbon Zero by 2035. It has also restated the business roadmap and reported quick progress in the construction of the 5 Giga factories.
Regarding the O2C industry, it was noted that while refining margin was robust owing to a resurgence in demand for transportation fuels worldwide, helped by supply side issues, global petchem margins suffered during FY23 due to weaker demand from China. Regarding its digital business, it reaffirmed the goal of a pan-India 5G rollout by December 2023, the goal of making India 2G-mukt by enabling the transition from 2G to 4G for the 250 million users of 2G feature phones, and the goal of connecting 50 million MSME businesses through its enterprise connectivity solutions. However, it has increased the goal of connecting homes from 50 million to 100 million from the previous 50 million.
Reliance AGM 2023 LIVE Updates: India to be fully developed nation by 2047, says RIL Chairman Mukesh Ambani at 46th AGM
