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Reliance AGM 2020 Highlights: Here are all key announcements by Reliance

Reliance RIL AGM 2020, Reliance Industries Annual General Meeting 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.

By: Tech Desk | New Delhi |
Updated: July 15, 2020 7:01:09 pm
reliance agm, reliance agm 2020 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).

Live Blog

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.

19:00 (IST)15 Jul 2020
Google - Jio to bring affordable phones

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.

17:20 (IST)15 Jul 2020
What is Jio Glass?

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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16:55 (IST)15 Jul 2020
JioMeet sees 5 million downloads

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 AndroidiOS, Windows, macOS, and web. Here are the details.

15:33 (IST)15 Jul 2020
Everything about Google-Jio deal

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

15:30 (IST)15 Jul 2020
Everything about Jio TV Plus

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

15:28 (IST)15 Jul 2020
Made in India 5G solution

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

14:59 (IST)15 Jul 2020
Jio-Google partnership

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.

14:45 (IST)15 Jul 2020
JioMart will be working closely with WhatsApp

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." 

14:40 (IST)15 Jul 2020
Jio Glass announced

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. 

14:35 (IST)15 Jul 2020
JioTV Plus announced

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 developer.jio.com for details." 

14:26 (IST)15 Jul 2020
Jio 5G solution announced

'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.

14:17 (IST)15 Jul 2020
Google will invest Rs 33,737 cr for a 7.7% stake in Jio Platforms

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.

14:13 (IST)15 Jul 2020
Ambani talks about partners like Facebook

Ambani welcomes partners Facebook, Silverlake, KKR, TPG, Intel and Qualcomm, among others at AGM 2020 event. 

14:10 (IST)15 Jul 2020
Ambani talks about JioMeet

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. 

13:35 (IST)15 Jul 2020
Mukesh Ambani’s wealth beats tech giants

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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12:31 (IST)15 Jul 2020
Shareholders have huge expectations from Ambani

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.

11:53 (IST)15 Jul 2020
How to watch RIL AGM 2020

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.

11:13 (IST)15 Jul 2020
When will Reliance AGM 2020 event begin?

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.

Reliance AMG 2020: Jio 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).