However, Director Mukesh Ambani updates and announced today. Reliance is now ranked among the World’s 60 largest companies by market capitalization.
Reliance Foundation plans mega-scale COVID testing across India
The Reliance Foundation is gearing up to partner with the government and local municipalities. In order to create mega-scale COVID testing across India. Using the help of Jio’s digital infrastructure. Stated Nita Ambani at AGM
2G FREE India
“As India is standing at the doorsteps of the 5G era. We should accelerate the migration of 350 million Indians. Who currently use a 2G feature phone, to an affordable smart phone”. Mukesh Ambani
Jio 5G Revolutionizing India
Reliance Jio’s 5G network is built entirely by Jio employees in India. Says Akash Ambani. Moreover, Mukesh Amabani also stated recent developments to come from revenue generated. Which came through stake sale.
Lastly, Reliance Industries held its first virtual 43rd AGM on Wednesday. The event was scheduled to start at 2 pm. Also it streamed the event live on the company’s official website as well as YouTube. For the first time, Reliance allowed users to enter the webinar through JioMeet video conferencing platform.
Key points said by Mukesh Ambani in AGM –
- Reliance will replace transportation fuel with cleaner electricity and hydrogen.
- Substantial progress has been made on photosynthetic biological pathways to convert CO2 emissions at Jamnagar into high value proteins, nutraceuticals, advanced materials and fuels
- Reliance Foundation is gearing up to partner with the government and local municipalities, for mega-scale COVID testing across India, with the help of Jio’s digital infrastructure.
- Reliance is committed to embracing new technologies to convert CO2 into useful products and chemicals. Transforming our energy business to tackle a big challenge before India and the World is our new growth opportunity
- The Fourth Industrial Revolution has the opportunity to repair and restore the Carbon Cycle.
- During lockdown, RIL leveraged its deep understanding of global markets and enhanced petrochemical and fuel exports over 2.5 times in just two weeks. In Apr’20, the O2C business accounted for nearly 50% of India’s exports.
- More than two-thirds of Reliance Retails’ nearly 12,000 stores are operated in Tier II, Tier III and Tier IV towns. Its sources over 80% of fruits and vegetable directly from farmers
- Reliance Retail is India’s largest and most profitable retail business, with revenues of ₹1,62,936 cr and EBITDA of ₹9,654 cr. It is the fastest growing retailer in the world, and only Indian co in the Top 100 global retailers.
- Facebook and Jio share a strong vision for digitally empowering consumers as well as SMEs and entrepreneurs across India.
- JioMart and WhatsApp will be working closely to create growth opportunities for millions of Indian small merchants and enable customers seamlessly transact with kirana shops.
- Google and Jio are partnering to build an Operating System that could power a value engineered, entry-level 4G/5G smartphone. The Jio-Google partnership is determined to make India 2G-mukt
