What to Expect at RIL’s AGM Meeting Today

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What to Expect at RIL’s AGM Meeting Today
Credit: © Reuters.

By Aditya Raghunath

Investing.com -- Reliance Industries Ltd (NS: RELI )’ Annual General Meeting (AGM) that is scheduled to start at 2 PM today will be live-streamed through JioMeet for its shareholders, and will also be available on YouTube for the general public.

There are a lot of reports that talk about what RIL is going to speak about today. Two of the most important ones are:

  1. Jio’s 5G rollout in the country.
  2. Launch of the country’s cheapest 5G phone, backed by Alphabet Inc Class C (NASDAQ: GOOG ).
  3. Affordable laptop called the JioBook.

Mukesh Ambani had spoken about the JioPhone at the 2020 AGM meeting. "JioPhone continues to be the world’s most affordable 4G phone...we have sold 100 million JioPhone handsets till date, there are many feature phone users who are waiting to upgrade to a conventional smartphone, if only it was somehow more affordable," the company's chairman Mukesh Ambani said at the 2020 AGM event.

"We believe we can design an entry-level 4G or even a 5G smartphone for a fraction of its current cost. But to power such a value-engineered smartphone, we also need an equally value-engineered smartphone operating system. Google (NASDAQ: GOOGL ) and Jio are partnering to build an Android-based smartphone operating system," he added.

Google had invested Rs 33,750 crore in July 2020.

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  • Birju Bharuchi @Birju Bharuchi
    big announcements. RIL will shoot in July. welcoming Aramco as a partner
    Like 1
  • Thiru Samy @Thiru Samy
    tomorrow onwards reliance industries stock moving your personal advice sir your expectations tell me sirthank you
    Like 0
  • Chandan Solanki @Chandan Solanki
    if jio network is debt free then you not launch an IPO
    Like 0
  • Raju Sunuwar @Raju Sunuwar
    cause profit already pocketed by big ones.
    Like 0
  • Sandeep Narasimhan @Sandeep Narasimhan
    Bcoz share moved close to 300 Points this month. So normal that some are being cautious for a reason..
    Like 0
    • Amit Das @Amit Das
      With the guidance of youtuber “ profitable tradess “ booked 25,000 reliance short
      Like 0
    • Thiru Samy @Thiru Samy
      tomorrow onwards reliance industries stock moving your personal advice sir
      Like 0
    • Prabhat Kapoor @Prabhat Kapoor
      @Amit Das which youtuber guided you
      Like 0
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  • Saravanan Murugesan @Saravanan Murugesan
    I don't know the reason
    Like 0
  • Saravanan Murugesan @Saravanan Murugesan
    agm meeting held today but share down almost 40 rs
    Like 0
    • Amit Das @Amit Das
      We have shorted day before yesterday 2270 , now gaining more than 100 points
      Like 0
    • Raju Sunuwar @Raju Sunuwar
      big got inside already, thay why
      Like 0
    • Asif Hirani @Asif Hirani
      It falls during every agm
      Like 2
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