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

RIL 45th AGM LIVE | RIL announces new Giga Factory for Power Electronics

RIL 45th AGM LIVE | Decarbonising global economy will require multi-decade investments worth $5 trn per year

RIL 45th AGM LIVE | Will build 1,000 GW of solar energy Giga Factories by 2030

RIL 45th AGM LIVE | Rs 5 trn required for path to decarbonization: Mukesh Ambani

RIL 45th AGM LIVE | To build one of the world's first carbon fibre plant in Hazira, says Ambani

RIL 45th AGM LIVE | Will invest Rs 75,000 crore in O2C operations over 5 years: Ambani

RIL 45th AGM LIVE | Launch of FMCG business lined up this year to deliver quality goods

RIL 45th AGM LIVE | JioMart-Whatsapp partnership will aid growth

&gt;&gt; Whatsapp payments can be used to shop at JioMart

RIL 45th AGM LIVE | Consumer electronics covers 8,500 stores across 7,000 towns

&gt;&gt; 600 new SKUs launched across TVs, home and electronic appliances

RIL 45th AGM LIVE | Generated employment for 1.5 lakh people during the year

RIL 45th AGM LIVE | On course to partner with 1 crore merchants for Reliance Retail

RIL 45th AGM LIVE | Digital commerce platforms delivered Rs 6 lakh crore orders daily

RIL 45th AGM LIVE | Reliance Industries committed to five principles, says Ambani

&gt;&gt; Focus on enriching customer experience<br />
&gt;&gt; Operationalising multiple channels to serve customers<br />
&gt;&gt; Deepen categories of our operation by investing in design, value, and customers<br />
&gt;&gt; Expand product portfolio by partnering with SMEs, small producers to serve customers<br />
&gt;&gt; Strengthen logistics and supply chain dynamics to smoothly operate across the country<br />
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RIL 45th AGM LIVE | Committed to developing digital infrastructure, says Qualcomm CEO

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">28/n As India celebrates 75 yrs of Independence, with <a href="https://twitter.com/reliancejio?ref_src=twsrc%5Etfw">@RelianceJio</a>, we’re committed to developing the digital infrastructure that enables the success of citizens and businesses, and achieves the New India: Cristiano Amon, CEO, <a href="https://twitter.com/Qualcomm?ref_src=twsrc%5Etfw">@Qualcomm</a><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/1564177913213161472?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 | Media business achieved strong growth on robust advertising spends: Ambani

&gt;&gt; Viacom18 investing heavily in movie rights<br />
&gt;&gt; Paramount Global and others will help Viacom18 to build world-class media<br />
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