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Live updates for the 2023 Reliance AGM: RIL Chairman Mukesh Ambani made a big revelation when he revealed that JioAir Fibre would be introduced on September 19, the auspicious day of Ganesh Chaturthi. Isha, Anant, and Akash Ambani have since joined the Reliance Industries board of directors, and Nita Ambani has resigned.
Live updates for the 2023 Reliance AGM: In order to support India’s progress in the global economy, Chairman Mukesh Ambani unveiled a number of objectives for the company during the 46th Annual General Meeting of RIL. Ambani made a number of digital and retail business strategies in this regard, including the introduction of Jio AirFiber, the entry of Jio Financial Services into the insurance industry, the pursuit of wind energy, and the goal of a battery gigafactory by 2026, among others.
AUGUST 28, 2023 / 04:01 PM IST
Reliance AGM 2023 LIVE Updates: Mukesh Ambani enlists three responsibilities as Chairman and MD of RIL
First, I’ll develop and empower all of Reliance’s Next-Gen leaders so they’re ready for the possibilities and challenges of the future.
Secondly, I will mentor Akash, Isha, and Anant in particular so that they can work as a team to lead Reliance to greater heights of growth and value in the years to come.
Third, I will further develop Reliance’s distinctive institutional culture, which has supported your company’s unceasing and exponential expansion, in conjunction with the Board and all of my longtime coworkers.
AUGUST 28, 2023 / 03:56 PM IST
Reliance AGM 2023 LIVE Updates: Mukesh Ambani welcomes Isha, Akash and Anant to the RIL Board
The firm stated in a regulatory filing that the board of directors had approved their appointments at its meeting earlier in the day, and that the shareholders‘ approval would be required before their membership would take effect.
AUGUST 28, 2023 / 03:54 PM IST
Reliance AGM 2023 LIVE Updates: Mukesh Ambani highlights cardinal principles of value creation
Reliance has adhered assiduously to a number of fundamental value creation concepts. These have made sure that your company’s value increases every year, every decade: Mukesh Ambani
First, growth is driven by insatiable demand: India is the world’s most populous market with limited supply. Every category of consumption is still extremely low when compared to China and significantly lower when compared to established economies like the EU and US.We have built businesses with a global scope and size as a result of this decision. This value-creation criterion is met by each of Reliance’s three growth engines, including our O2C business, our retail company, and Jio’s Digital Services business. Jio Financial Services, our newest and fourth growth engine, will do the same.
Second, Growth driven by outstanding customer experience and value: Reliance has always held the opinion that our businesses can only expand if we are able to gain consumers’ trust and consistently provide them with value. We have become preoccupied with providing them with goods and services of the best quality and worth, which promotes ongoing revenue growth.
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