Ril Agm 2019

RIL AGM 2019: Saudi Aramco to acquire 20% stake in Reliance Industries' refinery, chemical business at $75 bn enterprise value

Mukesh Ambani on Monday announced that Saudi oil giant Aramco has agreed to take a 20 percent stake in his flagship Reliance Industries' oil refinery and chemical business at an enterprise value of $75 billion (around Rs 5,32,466 crore)

RIL AGM 2019: Reliance Industries will become zero-net debt company in 18 months, says chairman Mukesh Ambani

Mukesh Ambani on Monday announced plans to make Reliance group a zero-net debt company in the next 18 months as he sells stakes in oil and chemical business to Saudi Aramco and fuel retailing business to BP

RIL AGM 2019 Updates: Reliance Industries aims to become zero net-debt company in next 18 months: Mukesh Ambani

In previous years, the RIL AGMs have been the venue to announce big launches including the Jio rollout that turned out to be one of the biggest disruptors in the Indian telecom sector.

RIL AGM 2019: Reliance Jio subscriber base at over 340 mn, ready to kick-start four new growth engines, says Mukesh Ambani

Mukesh Ambani on Monday said that Jio which has amassed over 340 million subscribers in less than three years, is now ready to fire four new growth engines including Internet of Things (IoT) for the entire country, home and enterprise broadband services as well as broadband for SMEs

RIL AGM 2019: BP to pay Rs 7,000 cr for 49% stake in Reliance Industries' fuel retail network

British energy giant BP will pay about Rs 7,000 crore for acquiring a 49 percent stake in Reliance Industries' fuel retailing network, billionaire Mukesh Ambani said on Monday