New Delhi: Reliance AGM 2021 today begins! The 44th edition of RIL AGM has begun as the company Chairman Mukesh Ambani started his speech for the virtual Annual General Meeting. The crucial meet is being held at a time when the ongoing Covid Pandemic is showing its impact on economy and business in India and across the world.Also Read - Uddhav Thackeray Drives Towards Raj Bhavan To Submit Resignation As Maharashtra CM | Watch
Reliance AGM 2021, RIL AGM
Mukesh Ambani today announced Jio Phone Next – co-developed by Google and Jio. It will be available in market on September 10 on the occasion of Ganesh Chaturthi 2021. Also Read - Rebel Shiv Sena MLAs Arrive In Goa, To Depart For Mumbai In Few Hours
Reliance has set up Reliance New Energy Council and is planning to produce 100 GW solar energy. The company is working on establishing the Dhirubhai Ambani Green Energy Giga Complex on 5,000 acres in Jamnagar, says Mukesh Ambani Also Read - Maharashtra Crisis Live: Uddhav Submits Resignation to Governor After Resigning From CM’s Post
Reliance’s investment in New Energy Business will be 75,000 crore in the next 3 years.
Reliance Industries Chairman Mukesh Ambani said, “In 2016, we launched Jio with the aim of bridging Digital Divide in India. Now, in 2021, we are launching our new energy business with the aim of bridging the green energy divide in India and globally.”
Reliance Jio reported a net addition of 37.9 million subscribers during the Fy21, says Mukesh Ambani.
Mukesh Ambani welcomes Yasir Al-Rumayyan, chairman of Saudi Aramco and governor of the kingdom’s wealth fund Public Investment Fund, as independent member of Reliance Board.
RIL’s contribution to Indian economy remains unmatched 6.8 per cent of India’s merchandise exports, Rs 21,044 crore of customs plus excise, Rs 85,306 crore of GST plus VAT, and Rs 3,213 crore of Income Tax, says Mukesh Ambani.
Reliance’s Consolidated revenue was at Rs 5,40,000 crore, consolidated EBITDA was at Rs 98,000 crore, says Mukesh Ambani.
Reliance welcomes Saudi Aramco as “strategic partner”, says Mukesh Ambani.
Reliance has added 75,000 new jobs during the pandemic, says Mukesh Ambani.
Reliance will provide salary for five years to the family of deceased employee, bear the cost of education of the deceased employee’s children, and medical coverage to the family. Reliance will also provided Rs 10 lakh to off roll employees who lost lives, says Nita Ambani.
During the Covid pandemic, Reliance started Mission Oxygen, Mission Covid Infra, Mission Anna Seva, Mission Employee Care, Mission Vaccine Suraksha, says Nita Ambani in her address to shareholders.
Jio Institute will start academic session at Navi Mumbai campus in 2021, says Nita Ambani.
Addressing RIL shareholders, Mukesh Ambani said that the business during the Covid pandemic has exceeded the expectations.
RIL Chairman Mukesh Ambani observes one minute silence for departed souls. He said, ” We are in midst of humanitarian crisis”.