English हिन्दी
Connect with us

Latest business news

Reliance AGM 2023: The Reliance Industries Limited annual general meeting will be held on August 28, 2023 at 2pm

Analysts in the market predict that after the demerger of Jio Financial Services Ltd (JFSL) from RIL, the AGM will likely bring forth significant announcements regarding the forthcoming IPOs of Future Retail and Reliance Jio

Published

on

Reliance AGM 2023: The Reliance Industries Limited annual general meeting will be held on August 28, 2023 at 2pm

The 46th Annual General Meeting (AGM) of Reliance Industries Ltd (RIL), led by Chairman Mukesh Ambani, is scheduled for Monday, August 28. During this event, RIL is anticipated to reveal its strategic roadmap for future business endeavours. One major point of interest among investors has been the potential timeline for the initial public offering (IPO) of Reliance Jio, although several financial experts have previously suggested that this IPO might not materialize in the current year.

Analysts in the market predict that after the demerger of Jio Financial Services Ltd (JFSL) from RIL, the AGM will likely bring forth significant announcements regarding the forthcoming IPOs of Future Retail and Reliance Jio. There’s also an expectation that the company might introduce reasonably priced 5G devices and share plans for leadership succession.

Furthermore, the AGM is projected to provide insights into the fundamentals of Jio Financial Services Ltd. Updates on RIL’s 5G rollout and prepaid plans are also anticipated. In a recent development, Reliance Jio launched the Jio Bharat device at Rs 999, aiming to offer affordable access to its high-quality Jio 4G network to customers who are still using 2G technology. Reports suggest that announcements about the launch date of Jio AirFiber and Jiobook laptops might be made as well, along with expansion plans for Jio Financial Services.

The market’s optimism hinges on possible revelations about the Future Retail IPO. During the 2019 AGM, RIL had declared its intention to list its telecom and retail businesses within the subsequent five years. RIL is also likely to provide updates on its partnerships with Netflix in relation to prepaid bundled packages. There are speculations that Reliance New Energy might disclose information about its investments in clean energy

Reliance AGM 2022: Takeaways

Mukesh Ambani unveiled plans for the introduction of 5G standalone services in India. He revealed that these cutting-edge services are set to be launched in specific metropolitan areas by Diwali. Additionally, Akash Ambani, who serves as the Chairman of Reliance Jio, made an announcement regarding the debut of JioAirfiber. This innovative wifi hotspot is designed to provide consumers with access to speeds comparable to fiber optics, both in residential settings and workplaces.

Latest business news

Google restores delisted Indian apps after government intervention

Google on Saturday restored all Indian apps it had removed.

Published

on

Google has started to restore all the delisted Indian mobile apps on Play Store agian, which they had removed due to a disagreement over service fees. After a discussion between company representatives and IT Minister Ashwini Vaishnaw, the decision was made, according to sources.

The step was taken in response to Vaishnaw’s strong statement in which he said that it is not allowed for apps to be removed from the Google Play Store. The minister had said, India is very clear, our policy is very clear…our startups will get the protection that they need.

Vaishnaw  continued saying that he has already given Google a call. They will be speaking with the app developers who were delisted this week. This is not acceptable. The minister said this kind of delisting cannot be permitted.

Ten Indian companies’ apps were banned by Google on Friday, causing outrage in one of its fastest-growing markets. With 94% of phones running on its Android platform, Google holds a large portion of the Indian market. Popular names like Naukri and Bharatmatrimony were on the list.

The main point of contention is Google’s in-app purchase fees, which range from 11% to 26%. Indian startups have long opposed the US tech giant’s actions, believing them to be unfair.

The founder of Bharat Matrimony, Christian Matrimony, Muslim Matrimony, and Jodii, Matrimony.com, expressed shock at the matchmaking apps’ removal from the Google Play Store.

Shaadi. Com CEO Anupam Mittal described it as a dark day for India’s internet, highlighting the possible broad effects on matchmaking services. He also called Google an evil.

While, Kuku FM Co-founder Vinod Kumar Meena in a statement had said that Google was behaving like a monopoly.

Meanwhile, Google temporarily withdrew the famous Indian payments app Paytm from the Play Store in 2020, claiming a few policy infractions. Due to this decision, the founder of the company as well as the larger startup community came together to build their own app stores and file lawsuits against Google.

Continue Reading

Latest business news

Anant Ambani says he is 100% lucky to get Radhika Merchant in his life

Anant Ambani said he was grateful to get Radhika as his life partner. He said he is 100% lucky to get Radhika Merchant in his life. He said every day he is falling more and more in love with her. He added although he had known Radhika for the last 7 years, it felt he had met her only yesterday. He thanked Radhika for everything.

Published

on

Anant Ambani and Radhika Merchant’s grand three-day wedding celebrations began with a glamorous cocktail night on Friday in Jamnagar. During the celebrations, Anant Ambani also gave a speech wherein he thanked his late grandfather Dhirubhai Ambani and grandmother Kokilaben Ambani for inspiring him. Anant Ambani said he was grateful to get Radhika as his life partner. He said he is 100% lucky to get Radhika Merchant in his life. He said every day he is falling more and more in love with her.

He expressed his gratitude to his mother for pulling together the lavish three-day wedding celebrations in Jamnagar. Anant thanked his mother for all she had done. He said all the arrangements had been done by his mother and nobody else. He added his mother had gone all out and she had worked 18-19 hours a day and he was extremely grateful to her.

He also thanked all the guests who were present there at the pre-wedding celebrations. He said everyone had made it to Jamnagar to make him and Radhika feel special. He said both of them were honored and humbled to have all of them present there. Anant said he was sorry if they had caused an inconvenience to anyone. He asked for forgiveness. He hoped everyone is going to enjoy the coming three days. He also thanked his mother, father, sister, brother, his sister-law and his brother in-law for making this event memorable.

Anant said everyone has been sleeping for less than 3 hours a day for the last 2-3 months and he was very happy to share this joy with everyone. The youngest Ambani talked about his personal struggles and how his parents had always supported him. He further added his life had not been entirely a bed of roses. He said he had also experienced the pain of thorns. He said he had faced many health crises.

Continue Reading

Latest business news

Facebook chief Mark Zuckerberg shares pictures from 2nd day of Anant Ambani and Radhika Merchant pre-wedding celebrations

Zuckerberg shared pictures from the 2nd day of Anant Ambani and Radhika Merchant’s pre-wedding celebrations. In the photograph Mark Zuckerberg can be seen along with his wife Priscilla Chan. The couple is exuding happiness as they prepare for the event. He captioned the picture it is getting wild out here.

Published

on

Facebook boss Mark Zuckerberg and wife Priscilla Chan joined the star- studded pre-wedding celebrations of Anant Ambani and Radhika Merchant in Jamnagar on Friday. The event was attended by many prominent figures from different fields. Zuckerberg took to his Instagram handle congratulated the couple and said he loved Indian weddings.

Zuckerberg shared pictures from the 2nd day of Anant Ambani and Radhika Merchant’s pre-wedding celebrations. In the photograph Mark Zuckerberg can be seen along with his wife Priscilla Chan. The couple is exuding happiness as they prepare for the event. He captioned the picture it is getting wild out here.

The theme of the opening day of the pre-wedding celebrations was Evening in Everland as the guests wore cocktail attire. The first day of the grand celebrations elevated the expectations of the guests for the following days. The theme of the 2nd day of the pre-wedding bash is known as a Walk on the Wildside and the guests can be seen in Jungle Fever attire.

Zuckerberg has opted for an animal print shirt with white trousers, Chan is complementing his look in a strappy one piece in black and golden. The Jungle theme is aligned to Vantara, Reliance’s animal welfare initiative undertaken and launched by Anant Ambani a few days back.

International pop star Rihana electrified the pre wedding celebrations on Friday with an amazing performance, marking her debut appearance in India. The chart topping artist engaged the audience with performances of her iconic hits which included Pour it Up, Work and Diamonds.

Zuckerberg graced the opening day, wearing a black-on-black firefly blazer and shoes from Alexander McQueen while his wife Priscilla wore a black gown with gold flower details and other accessories such as dainty chain bracelet, gold necklace and stud earrings. Mark Zuckerberg and wife Priscilla Chan are one of the Power couples invited from the global business community for the festivities currently underway at Jamnagar.

Continue Reading

Trending

-->

© Copyright 2022 APNLIVE.com