CLOSING BELL: Mukesh Ambani laid out succession plan with Akash Ambani championing telecom, Isha Ambani controlling Retail, and Anant Ambani joining new-energy vertical

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			<strong>CLOSING BELL</strong></div>
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			<strong>Stock market highlights: </strong>The much-awaited <strong>45th Annual General Meeting (AGM)</strong> failed to lift shares of <strong>Reliance Industries.</strong>&nbsp;The stock ended lower by 0.7 per cent on the BSE.</div>
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			Chairman Mukesh Ambani said that the company will launch the Jio 5G services in India&#39;s key metro cities in the next two months. Besides, Reliance Retail announced that they will launch their FMCG business this year. He also laid out succession plan with Akash Ambani championing telecom, Isha Ambani Retail, and Anant Ambani joining new-energy vertical.&nbsp;<a href="https://www.business-standard.com/article/companies/ril-agm-2022-122082900490_1.html?1661766446" target="_blank"><strong>READ MORE</strong></a></div>
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			Coupled with tepid global mood after US Fed chair Jerome Powell&#39;s ultra-hawkish statement at Jackson Hole, the frontline S&P BSE Sensex settled 861 points, or 1.46 per cent, lower at 57,973. The Nifty50, too, shut shop at 17,312, down 246 points or 1.4 per cent.</div>
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			In the broader market, the BSE MidCap and SmallCap indices closed up to 0.8 per cent down. Among sectors, the Nifty FMCG index was the sole gainer, up 0.3 per cent. On the flipside, losses were led by the Nifty IT index (down 3.5 per cent), and the Nifty Bank index (down 2 per cent).&nbsp;</div>
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Sensex slides 861 pts, Nifty holds 17,300; RIL slips 1% post 45th AGM

Business Standard

Sensex slides 861 pts, Nifty holds 17,300; RIL slips 1% post 45th AGM | News on Markets - Business Standard

CLOSING BELL: Nifty50 closes below 17,350 levels

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RIL 45th AGM LIVE | Our next-gen leaders are determined, focussed, and brimming with new ideas

&gt;&gt; Akash &amp; Isha have assumed leadership roles in Jio &amp; Retail, and Anant has joined new energy biz&nbsp;
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RIL 45th AGM LIVE | Tomorrow's Reliance will have a better army of leaders, says Mukesh Ambani

RIL 45th AGM LIVE | Developmental aspirations of 1.45 bn people want to live in a better India: Mukesh Ambani

RIL 45th AGM LIVE | This era offers unimaginable growth opportunities and development: Ambani

RIL 45th AGM LIVE | Trust Capital, Relationship Capital among ten tenets of RIL's culture

STOCK CHECK | AGM announcements fail to cheer RIL, stock down 0.7%

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RIL 45th AGM LIVE | Reliance Foundation helped 14.5 million rural households

&gt;&gt; Supported over 1 million people across 47 cities over natural disasters<br />
&gt;&gt; Launch of new institiutions: First batch welcomed at Jio Institute<br />

RIL 45th AGM LIVE | New Energy biz will help India become a net exporter of green energy, says Mukesh Ambani

RIL 45th AGM LIVE | We aim to progressively commence transition from Grey Hydrogen to Green Hydrogen by 2025

RIL 45th AGM LIVE | Aim to start production of battery packs by 2023, says Mukesh Ambani

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">58/n We aim to start production of battery packs by 2023 and scale up to a fully integrated 5 GWh annual cell to pack manufacturing facility by 2024, and further scale up to 50 GWh annual capacity by 2027: Mukesh Ambani<a href="https://twitter.com/hashtag/RILAGM?src=hash&amp;ref_src=twsrc%5Etfw">#RILAGM</a> <a href="https://twitter.com/hashtag/WeCare?src=hash&amp;ref_src=twsrc%5Etfw">#WeCare</a></p>&mdash; Flame of Truth (@flameoftruth) <a href="https://twitter.com/flameoftruth/status/1564185693303164929?ref_src=twsrc%5Etfw">August 29, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

RIL 45th AGM LIVE | RIL aspires to lead India in new-energy transition, says Mukesh Ambani

RIL 45th AGM LIVE | Actively working in bio-energy, launched Phase-1 of bio-energy center

&gt;&gt; Inauguarted phase-1 of bio-energy centre at Jamnagar facility

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">48/n Reliance has championed the cause of sustainability through circular economy and is India’s leader in recycling of polyesters and plastics. We will more than double our bottle recycling capacity to 5 billion bottles a year: Mukesh Ambani<a href="https://twitter.com/hashtag/RILAGM?src=hash&amp;ref_src=twsrc%5Etfw">#RILAGM</a> <a href="https://twitter.com/hashtag/WeCare?src=hash&amp;ref_src=twsrc%5Etfw">#WeCare</a></p>&mdash; Flame of Truth (@flameoftruth) <a href="https://twitter.com/flameoftruth/status/1564182846259859457?ref_src=twsrc%5Etfw">August 29, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

RIL 45th AGM LIVE | Acquired 100% stake in REC Solar for solar PV evolution by 2026

&gt;&gt; Aim to extend life of PV modules from 25 to 50 years<br />
&gt;&gt; 10 GW Solar PV Cell and Module factory at Jamnagar will start production by 2024