F&O expiry: IT, banks lift Sensex 393 pts up; RIL slips 2.4% post 44th AGM

The Nifty sectoral indices were mixed, with the Nifty IT index, up 2.79 per cent, leading the gainers, while the Nifty PSU Bank index, down 1.4 per cent, bled the most

3:44 PM

RIL AGM 2021 concludes

Mukesh Ambani thanks the Central and State Govts, shareholders, investors, lenders, suppliers and customers for their consistent and resolute support. I thank colleagues on the Board for their oversight in this crucial phase of our growth

3:43 PM

RIL ends 2.4% lower post 44th AGM

3:40 PM

RIL AGM 2021 LIVE :: I foresee that the Indian economy will bounce back at a rate that will surprise the world

>> Prosperity and opportunities will be created for all on a scale never seen before. Not for a few, but for all 1.35 billion Indians

>> India will conquer the COVID crisis — sooner rather than later. Post COVID, India will emerge stronger. It will be a Better India, a Resurgent India, a more Equal India, and a far more Self-Confident India: Mukesh Ambani 

3:38 PM

RIL AGM 2021 LIVE :: India is destined to emerge as one of the top three economies in world, says RIL chairman

>> As Reliance climbs new summits of success in its onward journey, it will also cross new milestones in being a caring and empathetic corporate citizen. But believe me: The Best of Reliance is yet to come: Mukesh Ambani 

3:36 PM

RIL AGM 2021 LIVE :: In last 10 years, Reliance invested $90bn in creating substantial wealth for nation

>> In the coming decade, Reliance has capacity to catalyse investments of over $200bn directly and through partners: Mukesh Ambani

>> These investments will create value on an exponential scale.

>> They will also create over 10 lakh new employment opportunities, besides fostering thousands of small and medium enterprises across the country. 

3:35 PM

CLOSING BELL

>> SEnsex ends at 52,699, up 392.92 points or 0.75%

>> Nifty50, on the other hand, closes at 15,790, up 103 points or 0.66%

3:32 PM

RIL AGM 2021 LIVE :: Envision to take Reliance Retail among top 10 retailers globally, says Mukesh Ambani

I am confident that Reliance Retail is on a hyper growth trajectory to grow at least 3x in the next 3-5 years

3:28 PM

STOCK CHECK :: RIL slides nearly 3% amid profit booking

3:27 PM

RIL AGM 2021 LIVE :: 1 in 8 consumer shop from Reliance Retail, says Mukesh Ambani

>> We added 1,500 new stores, which is amongst the largest retail expansion undertaken by any retailer during this period, taking our store count to 12,711

>> Our apparel business sold nearly five lakh units per day and over 18 crore units during the year. This is equivalent to dressing the entire population of UK, Germany and Spain once

>> Reliance Retail sold 4.5 crore units of electronics last year which translates to over 120,000 units per day. We sold over a billion units of groceries or about 30 lakh units per day

3:24 PM

RIL AGM 2021 LIVE

3:22 PM

RIL AGM 2021 LIVE :: Confident of becoming the first company to roll out 5G network

Reliance Industries Chairman Mukesh Ambani speaks at the 44th Annual General Meeting

3:21 PM

RIL AGM 2021 LIVE :: JioFiber has acquired over 2 mn new premises over past year, says Mukesh Ambani

>> With a cumulative base of 3mn active home and business users JioFiber has become the largest and the fastest growing fixed broadband operator in India

>> Jio has taken tremendous strides in maturing state-of-the-art 5G technology signifying a quantum leap to next frontier of wireless broadband. 

3:20 PM

RIL AGM 2021 LIVE

>> With Microsoft, we have operationalized an initial 10 MW capacity of JIO-AZURE Cloud Datacentres in Jamnagar and Nagpur, says Mukesh Ambani

>> We are currently onboarding the initial group of pilot customers

3:19 PM

RIL AGM 2021 LIVE :: Mukesh Ambani on WhatsApp, JioMart partnership

With Facebook, we have launched an initial set of integrations between WhatsApp and JioMart on a trial basis and the response from WhatsApp and JioMart customers is encouraging along with lots of valuable feedback

3:17 PM

RIL AGM 2021 LIVE :: RIL, Google deepen partnership

Reliance Retail, Reliance Jio, and other key buisnesses to use Google's cloud services, says Sundar Pichai