Reliance

2024 - 8 - 29

Mukesh Ambani Drops Bombshells at Reliance AGM 2024: Bonus Shares and AI Innovations!

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Don't miss the highlights from Reliance's 47th AGM where Mukesh Ambani made game-changing announcements including a 1:1 bonus share and the revolutionary 'Jio Brain' AI!

The 47th Annual General Meeting (AGM) of Reliance Industries Limited (RIL) on August 29, 2024, turned out to be a landmark event, drawing attention from over 3.5 million shareholders. Mukesh Ambani, the iconic billionaire and Chairman of RIL, began the meeting with important updates that are certain to reshape the company's future. Among the most thrilling announcements was the news of a 1:1 bonus share issue, making every shareholder grin from ear to ear! This initiative reflects RIL’s generous rewards policy as the conglomerate continues to expand its empire, with its stock already on a positive upswing.

On the tech front, Mukesh Ambani unveiled the groundbreaking 'Jio Brain', an AI toolset that promises to place Reliance at the forefront of artificial intelligence advancements. He assured shareholders that this toolset will enhance business operations through efficiency and innovation, emulating how Google and Apple revolutionized their respective industries. Ambani's vision of transforming Reliance into a deep tech powerhouse is not just a statement but a reality in the making.

And if you’re a keen observer of the retail scene, you're in for a treat! Reliance Retail now ranks among the top five global retailers by store count, a feat that isn’t just a number but a testament to rigorous planning and execution. Isha Ambani announced ambitious plans to double the retail business in the next three to four years, showcasing the steady confidence Reliance has in its growth trajectory. As if that wasn’t enough, shareholders were also teased with a new offering in the pipeline, with the 'Jio AI-Cloud Welcome' boasting 100 GB of free storage starting from Diwali. This promise of technological enhancements is sure to keep Reliance in the spotlight.

In a lighthearted end to the day, Mukesh Ambani addressed rumors of job cuts within the company, assuring all shareholders that Reliance believes in hiring, not firing. He noted that last year, only 1.7% of employees were impacted by such changes, contrasting with the ongoing hiring spree in various sectors. Overall, this AGM underscored Reliance's commitment to pushing boundaries in technology while also ensuring their loyal shareholders continue to thrive.

Here’s an interesting fact: did you know that Reliance's share price has risen over 18% year-to-date? The anticipation surrounding the AGM and subsequent announcements may well keep this upward trend going strong! Additionally, with Jio's AI advancements, we might just see a day when our phones not only take calls but also give us insights into our grocery shopping—a futuristic amalgamation of needs!

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Image courtesy of "The Economic Times"

Reliance AGM 2024 Live Updates: Mukesh Ambani speaks at 47th ... (The Economic Times)

Reliance AGM 2024 Live Updates | At Reliance Industries (RIL) annual general meeting (AGM) on Thursday, billionaire Mukesh Ambani informed shareholders that ...

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Image courtesy of "आज तक"

Reliance AGM 2024 Live Streaming: रिलायंस इंडस्ट्रीज की सालाना ... (आज तक)

RIL AGM 2024: रिलायंस इंडस्ट्रीज की सालना बैठक आज, 29 अगस्त को दोपहर 2 बजे शुरू होगी. इस बैठक में कंपनी के चेयरपर्सन मुकेश अंबानी ...

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Image courtesy of "Livemint"

Reliance AGM 2024 Live Updates: From Jio AI-Cloud to Jio TvOS ... (Livemint)

Reliance AGM 2024 Live Updates: Reliance AGM 2024 date is set on August 29, 2024. RIL Chairman Mukesh Ambani began his address to 3.5 million shareholders ...

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Image courtesy of "Moneycontrol.com"

Reliance AGM 2024 Live: 'Working on AI-ready data centres in ... (Moneycontrol.com)

Reliance Industries Ltd is hosting its 47th annual general meeting today. The AGM began with RIL chairman Mukesh Ambani addressing the shareholders. This will ...

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Image courtesy of "Times of India"

Reliance AGM 2024 Live Updates: Mukesh Ambani to address ... (Times of India)

India Business News: Reliance Industries will host its 47th Annual General Meeting on August 29, 2024, via videoconferencing. Investors anticipate updates ...

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Image courtesy of "Hindustan हिंदी"

1 पर 1 शेयर फ्री में बांटेगी मुकेश अंबानी की कंपनी, रिलायंस के शेयरधारकों को ... (Hindustan हिंदी)

Reliance Industries Bonus Shares 2024: मुकेश अंबानी की अगुवाई वाली कंपनी रिलायंस इंडस्ट्रीज लिमिटेड (RIL) अब बोनस शेयर देने जा रही है।, ...

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Image courtesy of "Business Today"

Reliance Industries shares jump 3% as board to consider 1:1 bonus ... (Business Today)

RIL shares rose 2.63 per cent to hit a high of Rs 3074.80 on BSE. With this, the stock is up 18 per cent year-to-date. The announcement came just ahead of ...

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Image courtesy of "India Today"

RIL AGM: Reliance Industries set to discuss 1:1 bonus shares on ... (India Today)

RIL chairman Mukesh Ambani said that Reliance rewards its shareholders when the conglomerate grows at its AGM.

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Image courtesy of "The Hindu BusinessLine"

Reliance Industries RIL AGM 2024 Live: Ambani announces launch ... (The Hindu BusinessLine)

Reliance 47th Annual General Meeting Today, RIL AGM 2024 Live Updates: Reliance Industries is hosting its 47th AGM today.

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Image courtesy of "इकनॉमिक टाइम्स"

Reliance AGM: नौकरी में कटौती की खबरों को खारिज किया अंबानी ने, कहा ... (इकनॉमिक टाइम्स)

Reliance Job Cut: रिलायंस ने नौकरी में कटौती की खबरों को खारिज किया है। रिलायंस के अध्यक्ष मुकेश अंबानी ने कहा है कि पिछले साल उन्होंने 1.7 ...

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Image courtesy of "The Economic Times"

Mukesh Ambani unveils AI brainchild 'Jio Brain' at Reliance AGM ... (The Economic Times)

Jio Brain AI: At Reliance Industries' 47th Annual General Meeting, Chairman Mukesh Ambani announced that Jio is creating a comprehensive AI toolset called ...

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Image courtesy of "India Retailing"

Reliance aims to double retail business in next 3-4 years - India ... (India Retailing)

The Country's leading retailer Reliance is aiming to double its business in next three to four years, its Director Isha Ambani said at AGM.

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Image courtesy of "The Economic Times"

Reliance AGM: Reliance transforming itself into deep tech company ... (The Economic Times)

At Reliance's 47th Annual General Meeting, Chairman Mukesh Ambani outlined the company's transformation into a deep tech powerhouse.

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Image courtesy of "Livemint"

Reliance Industries share price rises more than 2% ahead of AGM ... (Livemint)

Stock Market today: Reliance Industries share price gained more than 2% ahead of AGM: Its Board meeting on 5 September will consider bonus issue of 1:1.

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Image courtesy of "Business Standard"

Reliance Industries to consider 1:1 bonus: A look at RIL's bonus ... (Business Standard)

Reliance Industries Bonus Issue: After the bonus shares announcement, Reliance Industries share price surged up to 2.63 at Rs 3074.80 a piece intraday on ...

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Image courtesy of "Economic Times"

RIL AGM: Reliance Retail now among top 5 global retailers - The ... (Economic Times)

Reliance Industries Chairman Mukesh Ambani stated that Reliance Retail ranks in the top five global retailers by store count and in the top 30 by revenue.

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Image courtesy of "Hindustan Times"

Reliance introduces Jio AI-Cloud Welcome offer, JioTV+ offerings ... (Hindustan Times)

Mukesh Ambani announces Jio AI-Cloud Welcome offer with 100 GB free storage, launching on Diwali.

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Image courtesy of "नवभारत टाइम्स"

Reliance AGM 2024: 100 GB फ्री स्‍टोरेज, बोनस शेयर, फोन कॉल AI ... (नवभारत टाइम्स)

रिलायंस इंडस्‍ट्रीज की 47वीं सालाना आम बैठक गुरुवार को संपन्‍न हुई। इसमें कंपनी के मुखिया मुकेश अंबानी ने कई बड़े एलान किए।

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Image courtesy of "The Hindu"

RIL AGM 2024 highlights: Reliance Industries to consider 1:1 bonus ... (The Hindu)

Reliance AGM 2024 hihglights: The Board of Directors will be meeting on September 5, 2024, to consider a 1:1 bonus issue for its equity shareholder.

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Image courtesy of "The Hindu"

Reliance AGM 2024: Reliance Jio announces Jio AI-Cloud welcome ... (The Hindu)

Jio AI-Cloud Welcome offer: Starting this Diwali Jio is going to offer users up to 100 GB of free cloud storage to store photos, videos, and documents.

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Image courtesy of "Business Standard"

Reliance Retail targets doubling business in 3-4 years, says Isha ... (Business Standard)

Reliance AGM 2024: In her speech, she said, "With the strong foundation we have built, I am confident that we will achieve our goal of doubling our retail ...

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Image courtesy of "The Hindu"

Reliance Industries bonus shares: RIL board to consider 1:1 bonus ... (The Hindu)

Reliance bonus shares, share price: Reliance Industries plans to double in size, invest in new energy, AI, and merge Disney India for growth.

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Image courtesy of "Hindustan हिंदी"

Reliance AGM: रिलायंस का एनर्जी सिक्योरिटी पर फोकस, अंबानी ने बताया ... (Hindustan हिंदी)

इस बैठक में रिलायंस के फ्यूचर प्लान को लेकर भी मंथन हुआ। मुकेश मुकेश अंबानी ने कहा कि कंपनी देश की एनर्जी सिक्योरिटी के लिए काम कर ...

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Image courtesy of "Namasthe Telangana"

Reliance AGM | ముకేశ్ అంబానీ సంచలన ప్రకటన.. రిలయన్స్ వాటాదారులకు ... (Namasthe Telangana)

Reliance AGM | ముకేశ్ అంబానీ సారధ్యంలోని రిలయన్స్ తన వాటాదారులకు బోనస్ షేర్లు ఇవ్వనున్నది. 1:1 నిష్పత్తిలో వాటాదారులకు బోనస్ షేర్లు ఇస్తామని ...

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Image courtesy of "Business Standard"

RIL Share Price: RIL reliance share to stay sideways amid no 'big ... (Business Standard)

Reliance AGM: On the bourses, Reliance Industries share price dipped 0.7 per cent on Friday to an intraday low of Rs 3020 per share.

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Image courtesy of "ET Edge Insights"

Reliance eyeing 1:1 bonus share distribution; here's how it will ... (ET Edge Insights)

In a move to keep investors engaged amid the pending listings of Reliance Jio and Reliance Retail, Reliance Industries Chairman and Managing Director ...

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Image courtesy of "CNBCTV18"

Reliance Industries 1:1 bonus issue explainer: What is it and how ... (CNBCTV18)

A bonus issue, or bonus share issue, involves a company issuing additional shares to existing shareholders using its accumulated reserves or profits.

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Image courtesy of "Outlook Business"

Reliance Industries' 1:1 Bonus Issue: Deep Dive into Mukesh ... (Outlook Business)

Reliance Industries chairman Mukesh Ambani announced that the company is considering a bonus issue at a ratio of 1:1. The company will disclose the ...

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Image courtesy of "Business Standard"

NCLT approves merger of Reliance-owned Viacom18 Media with ... (Business Standard)

The NCLT on Friday approved the scheme of merger of Reliance Industries-owned Viacom 18 Media -- the holding company of the group's media and entertainment ...

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Image courtesy of "Business Today"

Reliance AGM: No Jio listing a dampener, new energy shines ... (Business Today)

RIL AGM 2024: Emkay felt that the New Energy segment's earnings would contribute meaningfully from FY28 onwards, as it maintained a positive stance on RIL ...

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Image courtesy of "pv magazine India"

Reliance to commercialize perovskite, back-contact HJT-IBC solar ... (pv magazine India)

Reliance Industries' new energy business is currently developing first-generation bifacial solar panels using indigenized HJT technology with 26% cell ...

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Image courtesy of "The Economic Times"

Reliance Industries stocks: Buy Reliance Industries, target price Rs ... (The Economic Times)

Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 2058185.37 Crore) operating in Diversified ...

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Image courtesy of "BBC News"

Massive Reliance-Disney merger cleared by India watchdog (BBC News)

The venture will form India's biggest entertainment player, competing with Sony, Netflix, and Amazon.

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