Reliance AGM 2020 LIVE Updates
RIL AGM 2020 Live Updates: At Reliance’s Annual General Meet 2020 the company announced Google will invest Rs 33,737 cr for a 7.7% stake in Jio Platforms. In addition, Jio also revealed that the company is developing Jio TV Plus, Jio Glass, and more. The company also announced details on JioMart and Jio 5G solution.
Ambani said, “Jio has developed a complete 5G solution from scratch that will enable us to launch a world-class 5G service in India.” The telecom operator promises 100 percent home developed 5G. Trials to start soon and will be ready for field deployment by next year. Ambani also announced that Google and Jio are partnering to build an Android based smartphone operating system.
This is the first virtual 43rd Annual General Meeting. The event is hosted through video conferencing and other audio-visual means. To watch Reliance’s 43rd Annual General Meeting visit The Flame Of Truth YouTube channel (https://www.youtube.com/user/flameoftruth2014), Jio Channel (https://www.youtube.com/jio), Reliance Industries Limited Facebook page (https://www.facebook.com/RelianceIndustriesLimited), @FlameOfTruth Twitter handle (https://twitter.com/flameoftruth) or @RelianceJio (https://twitter.com/reliancejio).
At the Annual General Meet (AGM) 2020 today Reliance announced it is developing an Android-based operating system in partnership with Google. Mukesh Ambani announced that Jio Platforms and Google have entered into a commercial agreement to develop entry-level affordable smartphones with optimizations to the Android operating system and Play Store. Here are the details.
Reliance Industries Limited (RIL) during its 43rd Annual General Meeting (AGM) showcased a new Mixed Reality solution, called Jio Glass. At the event, the company did not reveal the pricing and the availability details about the product. However, they did showcase a demo as to how the Jio Glass will work when it is made available to the public.
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Mukesh Ambani on Wednesday said India's first cloud-based video conferencing app JioMeet has seen 5 million downloads within days of its launch. JioMeet video conferencing app is available across Android, iOS, Windows, macOS, and web. Here are the details.
Reliance Industries Ltd (RIL) during its 43rd annual general meeting (AGM) has announced the reeling in of Google as an investor. The company has announced that Google will invest Rs 33,737 crore for a 7.7 per cent stake in Jio platforms after all regulations are met. With this, Google will be joining partners like Facebook, Silverlake, KKR, TPG, Intel and Qualcomm, among others. Here are the details
Reliance announced Jio TV Plus at its Annual General Meeting (AGM) 2020 on Wednesday. Jio TV Plus is a content aggregator that brings Over the top (OTT) platforms, TV channels, various apps, and services together. During the event Reliance’s Aakash Ambani demonstrated the Jio TV Plus User Interface (UI) brings together 12 leading global OTT platforms like Netflix, Amazon Prime, Disney Hotstar, Sony LIV, and many more as the customers will be able to search for shows and movies easily. Read about Jio TV Plus here
Reliance Jio has designed and developed a complete 5G solution from scratch. It will be ready for trials as soon as the 5G spectrum is available and can be ready for field deployment next year. The announcement was made by Mukesh Ambani at the company’s 43rd annual general meeting (AGM). Read about it here
Google and Jio are partnering to build an Operating System that could power a value engineered, entry-level 4G/5G smartphone. "The Jio-Google partnership is determined to make India 2G-mukt," Ambani said. "As India is standing at the doorsteps of the 5G era, we should accelerate the migration of 350 million Indians, who currently use a 2G feature phone, to an affordable smartphone," he added.
JioMart is built on two components powerful omnichannel tech platform and widespread physical network of Reliance retail. JioMart is built for kiranas as well as customers. The platform was launched a few months ago in beta in 200 cities. As an introductory offer customers will get Covid-19 kit with the first order, said Isha Ambani. Jio is working with WhatsApp to offer customers seamless experience in the future. Ambani said, "JioMart and WhatsApp will be working closely to create growth opportunities for millions of Indian small merchants and enable customers seamlessly transact with kirana shops."
Reliance Jio also launched Jio’s latest innovation, Jio Glass. "The Jio Glass is at the cutting edge of technology that provides best-in-class Mixed Reality services to give users a truly meaningful immersive experience," Kiran Thomas at #RILAGM. "Jio Glass is making teachers and students come together in 3D virtual rooms and conduct holographic classes through our Jio Mixed Reality cloud in real-time. With JioGlass, the traditional way of learning Geography will now be History," he further added.
Reliance announces JioTV at AGM 2020. It is a content aggregator that delivers TV channels, shows and movies and much more from various apps and services. Jio TV Plus feature aggregated content from over 12 leading global OTT players such as Netflix, Amazon Prime, Disney Hotstar, Voot, SonyLiv, Zee5, JioCinema, JioSaavn, YouTube and many others: Akash Ambani at #RILAGM.
Through the Jio App Store on the Set Top Box, one will be able to can access internet applications across multiple genres such as entertainment, education, health, cooking, yoga, gaming, religion, and more. Ambani said, "Through Jio Developers program, any app developer can develop, launch and monetize their apps. Developers who wish to partner with Jio can visit http://developer.jio.com for details."
'Jio has developed a complete 5G solution from scratch that will enable us to launch a world-class 5G service in India,' Ambani says. The telecom operator promises 100% home developed 5G. Trials to start soon and will be ready for field deployment by next year.
Mukesh Ambani announces that Google will invest Rs 33,737 cr for a 7.7% stake in Jio Platforms. Reliance is now a zero net-debt company, says Ambani.
Ambani welcomes partners Facebook, Silverlake, KKR, TPG, Intel and Qualcomm, among others at AGM 2020 event.
Reliance Jio introduced JioMeet -- a cloud video conferencing platform - has been downloaded 5 million users so far. The Annual General Meet 2020 is being hosted via JioMeet. The platform was launched in the country last month to take on the likes of Zoom, Google Meet and more.
India’s richest man Mukesh Ambani surged past Silicon Valley tech titan Elon Musk as well as Alphabet Inc. co-founders Sergey Brin and Larry Page to become the world’s sixth-richest person.
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Shareholders will expect Mukhesh Ambani to announce revenue growth plans for Jio Platforms. Reliance has raised over Rs 1 lakh crore from Jio Platforms by selling 25.24 per cent stake to marque investors at nearly Rs 5 lakh crore valuation in the last few months. Ambani has promised to make Jio a public company in the coming five years and today he could announce future plans and how he expects to achieve the goal.
The AGM will be streamed across JioMeet, YouTube, Facebook and Twitter. To watch Reliance’s 43rd Annual General Meeting visit The Flame Of Truth YouTube channel, Jio Channel, Reliance Industries Limited Facebook page, @FlameOfTruth Twitter handle or @RelianceJio, and JioMeet by clicking on this link: https://jiomeet.jio.com/rilagm/joinmeeting.
Reliance's first virtual 43rd Annual General Meeting today. The event will be hosted through video conferencing and other audio-visual means. The virtual event is scheduled to begin at 2PM. Mukesh Ambani will address the event like every year.