RELIANCE ANNUAL GENERAL MEETING - 2020 HIGHLIGHTS




Reliance Industries Limited - Is the first Indian company to exceed market capital of  $150 billion.
Is the 1st Indian company to cross Rs 1,00,000 crore in consolidated EBITDA, consumer business contributed about 35%.

Completed India largest ever Rs 53,124 crore right issue- the world largest ever by a non - financial institution in a decade, is now a net-dept free company.



JIO-GOOGLE PARTNERSHIP - Google will invest Rs 33,737 crore for a 7.7% stake in Jio Platform to develop an android based smartphone operating system.

This makes Google Jio Platform 13th investor & pushes the cumulative fundraising by Reliance to Rs 2,12,809 crore.


JIO TO DEVELOP 5G TELECOM SOLUTION - Trails to start soon and will be ready for field deployment by next year.

Aims to connect half a billion mobile customers a billion smart sensors 50 million home and business establishments.



The content aggregator brings together 12 leading OTT platforms TV channels, Various apps, and services together to its Jio set-top-box users. Main features include single login & voice search.



A new mixed reality product which enables holographic video calling weighing 75 gram, it comes with inbuilt camera & speakers. 

Jio Glass already has 25 apps that allow augmented reality video meetings.


Successfully piloted JioMart grocery model with kinara partners with over 2.5 lakh daily orders.
Sources over 80 % of fresh fruits and vegetables directly from farmers, continues to provide large employment & development opportunities for lakhs of people.

Comments