WHAT IS ANNUAL GENERAL MEETING OF COMPANY?
AGM is a meeting conducted by every company other than a One Person Company.
That provides an opportunity to the shareholders to meet yearly and discuss matters relating to the Company.
The first Reliance AGM must be held within 18 months from the date of incorporation of Company.
Multinational conglomerate company, Reliance is now ranked among the Globally 60 largest companies by market capitalization.
JIO TO DEVELOP 5G PRODUCTS & SOLUTIONS IN INDIA
Reliance Jio Infocomm Limited has designed and developed a complete 5G solution from scratch.
Jio will develop home-grown 5G products & solutions in India. Jio 5G will be driven on its own products.
The made-in-India technology can be deployed & launched in 1 year once spectrum is available. Will eventually compete with the likes of Nokia, Samsung, Ericsson, Huawei, ZTE.
Jio Platforms now has four strategic partners with 4 major companies Google, Facebook, Intel, and Qualcomm.
Jio is the only company in the world biggest companies to have both Facebook and Google as strategic investors.
Mukesh Ambani said,
“Google and Reliance Jio are partnering to build just such a smartphone Operating System right here in India under digital india.
As India is standing at the doorsteps of the 5G era, we should accelerate the migration of 350 million (35 Crore) Indians, who currently use a 2G service feature phone, to an affordable smartphone.”
JioMart is an e-commerce (Indian online grocery delivery service) platform launched January 2020.
It is a tech-enabled partnership that will link producers, traders, small merchants, consumer brands and consumers.
JioMart promises to stock over 50 thousand grocery platform for the consumers to buy both online and offline every necessary daily essential product.
Facebook & Jio partnership will lead to JioMart using WhatsApp’s Business app to help small businesses reach their customer easily.
WhatsApp Pay and JioMoney digital payments service could also merge in to offer a seamless online shopping experience.
RIL TARGETS FOR NET CARBON-ZERO BY 2035
It is imperative to adopt clean, circular, sustainable, and planet friendly model to deliver green and affordable energy to everyone.
Reliance Industries 43rd Annual General Meeting 2020 Reliance Industries 43rd Annual General Meeting 2020