RIL AGM: From Mukesh Ambani's address to major announcements, check all the live updates and news related to Reliance's 46th annual general meeting here
During the 46th Annual General Meeting (AGM) of Reliance Industries Limited, Isha Ambani, director of Reliance Retail, said that the retail company saw around 1,000 million transactions last year
Isha's stab at the bottom of the laptop pyramid shows she is a true Ambani
Billionaire Mukesh Ambnai's daughter Isha and former CAG Rajiv Mehrishi are among the directors appointed on the board of demerged financial services unit of Reliance Industries Ltd, the company said on Saturday. Reliance had previously announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL). It will lend to consumers and merchants based on proprietary data analytics and will eventually branch out to insurance, payments, digital broking and asset management. Every Reliance shareholder will get one share of the new firm for every share held in the parent. While the effective date of the demerger has been fixed as July 1, July 20 has been fixed as the record day for allocating shares of the new company, according to the company's stock exchange filing. The spinoff, which will create fifth-largest financier in terms of capital and compete directly with the likes of
The acquisition is expected to strengthen Reliance Retail's physical store footprint across the country
The twins have been named Aadiya and Krishna
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Reliance Jio 6th Anniversary: India's biggest Internet service provider completes six years in the market. Read this detailed report on newly announced Jio offers, plans and benefits
Other FMCG companies will have to increase their advertising spends in segments Reliance makes a meaningful acquisition in order to stay competitive.
Reliance acquired Campa from Delhi-based Pure Drinks Group for around Rs 22 crore. It is expected to relaunch the drink in its iconic cola, lemon, and orange flavour in October
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45th Reliance AGM Meeting 2022: Reliance(RIL) will partner with Meta, Microsoft, Google and Intel for the next-generation technology. 5G will roll out in India by Diwali 2022. Read to know everything
Reliance Industries Ltd (RIL) set the tone for the future during its 45th annual general meeting, saying it would aim to double its market value by 2027
Tycoon's three children, Akash, Isha and Anant, to lead separate business
Business Standard accessed a presentation, which includes the brands it has taken to general trade
Reliance Retail will launch its FMCG business this year, Reliance Retail Ventures Ltd Director Isha Ambani said on Monday. The objective of this business will be to develop and deliver products and solve every Indian's daily needs, with high quality products at affordable pricing, she said while addressing Reliance Industries' annual general meeting. "This year, we will launch our FMCG goods business," she said. Besides, Reliance Retail will start marketing goods produced by Indian artisans. "As part of our commitment to India's rich culture and heritage, we will soon start marketing quality goods produced by tribals and other marginalised communities across India," Isha Ambani said. This will not only provide a gainful opportunity for employment and entrepreneurship but also help to preserve the talent, skill sets and knowledge base of the Indian artisans, especially women. Reliance Retail Ventures Ltd (RRVL) is the holding company of all the retail companies under the Reliance
Billionaire Mukesh Ambani on Monday introduced daughter Isha as leader of his conglomerate's retail business as he details succession planning at India's most valuable firm. Ambani had previously named son Akash as chairman of the group's telecom arm, Reliance Jio. At Reliance Industries Ltd's 45th annual shareholders meeting, Ambani introduced Isha as leader of retail business as he invited her to speak on integrating WhatsApp with the retail business. Isha, 30, gave a presentation on placing online grocery orders using WhatsApp and making payments. Ambani, 65, has three children twins Akash and Isha and youngest son Anant. Isha is married to Anand Piramal, son of Piramal Group's Ajay and Swati Piramal. Reliance has three broad businesses - oil refining and petrochemicals, retail and digital services that include telecom. While retail and digital services are housed in separate wholly-owned subsidiaries, the oil-to-chemical or O2C business is a functional division of Reliance.
An announcement of Isha Ambani's elevation could come as early as Wednesday, according to people with knowledge of the matter, who asked not to be identified ahead of a formal statement
The list covers five sectors including finance, technology, health, government/politics and media/entertainment
Fortune magazine said executives have moved quickly to support and empower employees while grappling with daunting challenges to the way their businesses operate