RIL AGM 2019 Highlights: From JioFiber to Saudi Aramco: Here's what transpired through the day

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The subscribers of JioFiber will be provided with a set-top box, which boasts of certain novel smart features. For instance, the Jio set-top boxes would be the first in the country to make conference video calls possible. Moreover, users will be able to make free video calls through their handheld smart devices.

Jiofiber Welcome Offer: Jio forever annual plan subscribers to get an HD or 4K LED TV and a 4K set top box free

After days of anticipation, Reliance finally revealed its Jiofiber broadband service launch date at the 42nd Annual General Meeting on August 12.... Read More

Jio and Microsoft will jointly offer Office 365 so more organizations can empower their employees with a modernworkplace, said Satya Nadella, CEO, Microsoft. Nadella added that Jio and Microsoft will bring Azure Cognitive Services to more devices, creating new, breakthrough intelligentexperiences, with support for 13 Indian languages and others to come.

The Reliance model of development

Investors will appreciate the initiatives announced at the RIL AGM, not least the partnership with Microsoft. The stage has been set for a re-rating of the RIL stock.... Read More

RIL's deals with Aramco and BP will generate huge amounts of cash, while inducting global partners in its consumer businesses will also help. Investors will welcome the value addition that Aramco and BP will provide to the company’s Oil to Chemicals business.

Reliance to partner with Saudi Aramco, BP - Systematic monetisation in core business

Mega $15 billion deal with Aramco, biggest ever FDI for India -Transformation to bring higher multiples, deals to bring stock rerating -Aramco to buy 20 percent stake in refining and... Read More

The RIL-Saudi Aramco deal and RIL-BP deal indicate a systematic monetisation of the built-up assets and an end to the aggressive capex cycle for the company.

Ajay Bodke,CEO (PMS),Prabhudas Lilladher said that the RIL-Saudi Aramco partnership isinarguably India's largest-ever FDI inflow and would help dissipate the gloomy sentiment currently pervading in the economy & stock markets.

Data is wealth and Indian wealth must remain in India, said RIL CMD MukeshAmbani.

Network 18 is among the top digital media players in the country, with one in four Indians on theirwebsites or applications, said Mukesh Ambani.

RIL's new commerce platform represents the digital symbiosis of big and small enterprises, said Mukesh Ambani.

Through the the Reliance Foundation's rural transformation programmes, Mukesh Ambani said that they have improved the livelihoods of over 8 million people across19,000 villages.