Live Updates: Reliance AGM

All eyes are on the Reliance AGM to hear what Mukesh Ambani has to say on the developments at the oil to chemicals business, Jio Business and retail business of Reliance. We will bring you live updates from the AGM.

LIVE Feed

Jun 24, 2021, 3:39 pm IST

Mukesh Ambani concludes his speech

Mukesh Ambani concludes his speech

Jun 24, 2021, 3:39 pm IST

Mukesh Ambani concludes his speech

Mukesh Ambani concludes his speech

Jun 24, 2021, 3:33 pm IST

Reliance Retail continues to be fastest growing retailer in the world, says Mukesh Ambani

Jun 24, 2021, 3:28 pm IST

Reliance Retail has created 65,000 new jobs.

Reliance Retail has created 65,000 new jobs, says Mukesh Ambani.

Jun 24, 2021, 3:25 pm IST

Reliance Retail added 1500 stores

Reliance Retail added 1500 stores and 1 in 8 Indians shop at Reliance stores.

Jun 24, 2021, 3:22 pm IST

Jio broadband

Glad to announce JioFiber has acquired 2 million premises recently and a total of 3 million says Mukesh Ambani.

Jun 24, 2021, 3:22 pm IST

Jio broadband

Glad to announce JioFiber has acquired 2 million premises recently and a total of 3 million says Mukesh Ambani.

Jun 24, 2021, 3:18 pm IST

Jio will use google cloud to power businesses

Ambani says use google cloud to power its businesses.

Jun 24, 2021, 3:12 pm IST

Jio Phone Next developed with Google

Jio Phone next has been developed with Google for the Indian markets, says Mukesh Ambani.

Jun 24, 2021, 3:08 pm IST

Jio became first operator outside China to cross 400 million subscribers

Jio became first operator outside China to cross 400 million subscribers, says Mukesh Ambani.

Jun 24, 2021, 3:01 pm IST

Rs 60,000 crores investment into clean energy, says Ambani

Reliance will invest Rs 60,000 crore over next three years on clean energy business, says Mukesh Ambani.

Jun 24, 2021, 2:52 pm IST

I Welcome Yasir Al-Rumayyan, Aramco Chairman to the board of Reliance Industries, says Mukesh Ambani.

Jun 24, 2021, 2:50 pm IST

Expect partnership with Saudi Aramco to be formalized in expeditious manner during this year: Mukesh Ambani

Expect partnership with Saudi Aramco to be formalized in expeditious manner during this year, says Mukesh Ambani

Jun 24, 2021, 2:47 pm IST

RIL: Look forward to welcome Saudi Aramco

Mukesh Ambani says that the company is looking forward to welcome Saudi Aramco as strategic partner.

Jun 24, 2021, 2:44 pm IST

Large contributor of customs and excise

Reliance continues to be country's highest payer of customs and excise in private sector, says Mukesh Ambani

Jun 24, 2021, 2:41 pm IST

Reliance added 75,000 new jobs, Ambani

Reliance added 75,000 new jobs last year despite pandemic, says Mukesh Ambani

Jun 24, 2021, 2:40 pm IST

Company's performance continued to be outstanding, says Mukesh Ambani

Mukesh Ambani says that the financial performance in a pandemic year was outstanding. We are the largest exporter, he says.

Jun 24, 2021, 2:22 pm IST

Jio Institute to commence academic session: Nita Ambani

Jio Institute to commence academic session at Navi Mumbai campus this year says Nita Ambani.

Jun 24, 2021, 2:17 pm IST

Nita Ambani speaks on education and sports

Nita Ambani is now speaking on the initiatives at the Reliance group on education and sports.

Jun 24, 2021, 2:14 pm IST

Isha and Akash Ambani are speaking

Isha and Akash Ambani are speaking on how the company and its executives battled the covid crisis.

Jun 24, 2021, 2:13 pm IST

Shares of Reliance Industries recoup some losses

Shares of Reliance Industries recoups some losses and are down less than 1%.

Jun 24, 2021, 2:06 pm IST

Ambani welcomes shareholders

Welcome all of you to 44th Annual General Meeting of the company, says Reliance Industries Chairman and Managing Director Mukesh Ambani

Jun 24, 2021, 1:53 pm IST

Reliance AGM all set to begin

The AGM of Reliance is all set to begin in the next few minutes. Eagerly watched will be expansion of the retail and jio business.

Jun 24, 2021, 1:45 pm IST

Some are expecting a bonus shares

Since the shares have run up sharply, we might see a bonus as well, though expectations from Reliance Industries are at a new high this time.

Jun 24, 2021, 1:43 pm IST

Jio Mart expansion plans

It may be possible that Mukesh Ambani announces the expansion of the Jio Mart business. One will have to wait and see developments on the same.

Jun 24, 2021, 1:37 pm IST

Shares seeing some selling pressure

The shares of Reliance Industries are seeing some selling pressure ahead of the AGM and are still down 1.4% in trade at 2173.

Jun 24, 2021, 1:00 pm IST

Fitch Ratings upgrades Reliance's ratings

Fitch Ratings has upgraded Reliance Industries rating to 'BBB', one notch above India's sovereign rating, as the company benefits from cash flow generation across diversified business segments and continuation of deleveraging. In a statement, Fitch said it has upgraded RIL's long-term foreign-currency issuer default rating (IDR) to 'BBB', from 'BBB-', with a negative outlook.

Jun 24, 2021, 12:50 pm IST

Some hints on demerger

Would there be some hints of a demerger of the Jio and Retail businesses. One has to wait and watch for Mukesh Ambani to speak.

Jun 24, 2021, 12:29 pm IST

Investors expect dividends if Aramco picks stake

If Saudi Aramco picks a stake in the oil to chemicals business, some analysts are expecting dividends, given that the company would be net debt free with all the cash in hand.

Jun 24, 2021, 12:16 pm IST

8 out of 12 years stock has fallen on AGM day

According to reports, on 8 out of 12 years, the shares of Reliance have fallen on the AGM day. The shares would also be increasingly volatile given that today is the last day of the F&O series.

Jun 24, 2021, 12:04 pm IST

Growth through Jio

According to Motilal Oswal, Reliance Jio plans to accelerate growth through JioPhone, Enterprise Data, and other digital avenues via the recent spate of launches, coupled with new digital app offerings. The AGM may highlight some of these.

Jun 24, 2021, 11:59 am IST

Eyes on the Saudi Aramco deal

Investors and analysts would keenly observe what Mukesh Ambani has to say regarding developments on the stake of Saudi Aramco in the oil to chemicals business. We do not know if there are any developments as well. Let's wait for more.

Jun 24, 2021, 11:57 am IST

Stock price drops

The stock of Reliance Industries was down 1% in trade. The shares have rallied in the last 1-year and may continue to remain volatile today as it is the last day of the F&O Series.