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 | Well-poised to lead India's transformation into a digital society: Ambani

RIL 45th AGM LIVE | Jio Platforms building entire digital ecosystem: Mukesh Ambani

RIL 45th AGM LIVE | Mukesh Ambani announces partnership with Qualcomm

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		27/n We are privileged to have world&rsquo;s leading tech cos as partners in our &lsquo;Made in India&rsquo; 5G collaboration viz. <a href="https://twitter.com/Meta?ref_src=twsrc%5Etfw">@Meta</a>, <a href="https://twitter.com/Google?ref_src=twsrc%5Etfw">@Google</a>, <a href="https://twitter.com/Microsoft?ref_src=twsrc%5Etfw">@Microsoft</a>, <a href="https://twitter.com/ericsson?ref_src=twsrc%5Etfw">@Ericsson</a>, <a href="https://twitter.com/nokia?ref_src=twsrc%5Etfw">@Nokia</a>, <a href="https://twitter.com/Samsung?ref_src=twsrc%5Etfw">@Samsung</a>, <a href="https://twitter.com/Cisco?ref_src=twsrc%5Etfw">@Cisco</a>. Today, I announce exciting partnership with <a href="https://twitter.com/Qualcomm?ref_src=twsrc%5Etfw">@Qualcomm</a>: 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> <a href="https://twitter.com/reliancejio?ref_src=twsrc%5Etfw">@RelianceJio</a></p>
	&mdash; Flame of Truth (@flameoftruth) <a href="https://twitter.com/flameoftruth/status/1564176906533998592?ref_src=twsrc%5Etfw">August 29, 2022</a></blockquote>
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RIL 45th AGM LIVE | Partnered with Google for 5G smartphones and Google cloud capabilities

RIL 45th AGM LIVE | Jio True 5G will help across health, education, and agricultural sector

&gt;&gt; Healthcare sector - Remotely monitor patients vitals<br />
&gt;&gt; Education sector - Providing quality educational content to every student<br />
&gt;&gt; Agricultural sector - Connected drones can monitor crop yield and infestation

RIL 45th AGM LIVE | Using JioAirFiber, customers can opt to use a virtual PC - Jio Cloud PC

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">22/n Jio 5G gives ultra-high fiber-like speed over the air without any wires. We are calling it <a href="https://twitter.com/hashtag/JioAirFiber?src=hash&amp;ref_src=twsrc%5Etfw">#JioAirFiber</a>. With JioAirFiber, it will be real easy to quickly connect your home or office to Gigabit-speed Internet: Akash 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> <a href="https://twitter.com/reliancejio?ref_src=twsrc%5Etfw">@RelianceJio</a></p>&mdash; Flame of Truth (@flameoftruth) <a href="https://twitter.com/flameoftruth/status/1564174958497910784?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 | Jio Air Fiber - connection of multiple video streams in one ecosystem

&gt;&gt; Connect home or office to high speed internet<br />
&gt;&gt; Multiple video streams, with different camera angles can be streamed in one

RIL 45th AGM LIVE | 5G will enable immersive solutions like augmented virtual reality

RIL 45th AGM LIVE | Will roll out Jio 5G in Delhi, Mumbai, Chennai, Kolkata by Diwali: Ambani

&gt;&gt; Aim to roll out Jio 5G across India by December 2023<br />
&gt;&gt; Investment of Rs 2 lakh crore to build Jio 5G infrastructure<br />
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<blockquote class="twitter-tweet"><p lang="en" dir="ltr">19/n For pan-India 5G network, we’ve committed ₹2 lakh cr investment. <a href="https://twitter.com/reliancejio?ref_src=twsrc%5Etfw">@RelianceJio</a> has prepared the world’s fastest 5G rollout plan. By Diwali, we will launch <a href="https://twitter.com/hashtag/Jio5G?src=hash&amp;ref_src=twsrc%5Etfw">#Jio5G</a> across multiple key cities. By Dec’23, we will deliver 5G to every town of India: 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/1564173755122782209?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 | Jio 5G will help connect everyone, everyplace, everything: Ambani

&gt;&gt; Committed to make India as largest data economy in the world<br />
&gt;&gt; Jio will deploy latest version of 5G - standalone 5G version<br />
&gt;&gt; Only Jio has 700 MHz spectrum for in-door coverage<br />
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RIL 45th AGM LIVE | Jio will enable India to break through world in fixed broadband adoption, says Ambani

RIL 45th AGM LIVE | 2 out of 3 customers chose Jio Fiber in India: Mukesh Ambani

RIL 45th AGM LIVE | Jio built a world-class 4G fibre-optic network: Mukesh Ambani

RIL 45th AGM LIVE | Reliance Retail emerged as largest employers in India: Ambani

RIL 45th AGM LIVE | India emerged stronger despite rise in commodity costs: Mukesh Ambani