Moneycontrol
Dec 01, 2016 12:54 PM IST IST | Source: Moneycontrol.com

Mukesh Ambani to address stakeholders via live broadcast today

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, is set to address stakeholders on Thursday.


Moneycontrol Bureau

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, is set to address stakeholders on Thursday and speculations are rife there could be a major announcement.

This announcement will be broadcast live at 1.30 p.m today.

This will be the first such address outside the annual general meeting of the group.


It will be done through a live broadcast on the company’s social media channels.


Since 2014, when social media was first used by the company it has been adding more platforms to address shareholders. Flame of Truth and Jio Digital Life are the two RIL channels on YouTube besides Twitter handles - @FlameOfTruth, @RelianceJio and @RIL_foundation.


Update on Reliance Jio’s performance since its launch two months ago and possible introduction of new schemes for its customers are among the topics that could be covered during this announcement.

Jio has acquired 50 million subscribers in 85 days since its September 5 launch.

There is also speculation that Ambani could reveal plans to foray into the direct-to-home business, which has players like Tata Sky, Dish TV and Bharti, reports Business Standard.

(Disclosure: Reliance Industries owns Network18 Media and moneycontrol.com)

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