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<keyword id="19938772" type="General" weightage="20" keywordseo="Reliance-Industries-Ltd" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Industries Ltd" meta.hostid="261" meta.entityid="Reliance Industries Ltd">Reliance Industries Ltd</keyword> (<keyword id="20002939" type="General" weightage="20" keywordseo="RIL" source="keywords">RIL</keyword>) is set to hold its much-anticipated 47th Annual General Meeting (AGM) today, August 29, 2024. The AGM, which will be held virtually, is expected to feature some key announcements that could be of great interest to investors as well as shareholders. The meeting will start at 2:00 p.m. IST and will be live-streamed across various digital platforms. Read on to know all about <keyword id="22949345" type="General" weightage="100" keywordseo="Reliance-AGM" source="keywords">Reliance AGM</keyword> and what can be expected from it this year. <h2>What is Reliance AGM?</h2> The Reliance Annual General Meeting (AGM) is an important event where Reliance Industries Ltd (RIL) presents its financial performance, future strategies, and key developments to shareholders and the public. Held annually, this meeting is led by RIL Chairman <keyword id="19916798" type="General" weightage="20" keywordseo="Mukesh-Ambani" source="keywords">Mukesh Ambani</keyword> and serves as a platform for major announcements, including potential IPOs, business expansions, and technological advancements. The AGM attracts widespread attention from investors, analysts, and industry watchers, as it provides insights into the company’s direction and its impact on various sectors. <h2>Where to watch livestream</h2> The AGM will begin at 2:00 p.m. IST and will be conducted virtually, allowing millions of shareholders and investors to join from anywhere. The event will be live-streamed across various digital platforms, including RIL's social media pages on YouTube, X (formerly Twitter), and Facebook. Shareholders can join the live broadcast using the following link: <a href="https://jiomeet.jio.com/rilagm" target="_new">https://jiomeet.jio.com/rilagm</a>. <h2>What to expect from Reliance AGM 2024</h2> IPO announcements: One of the most closely watched aspects of the AGM is the potential announcement of IPO timelines for Reliance <keyword id="19906886" type="General" weightage="20" keywordseo="Jio" source="keywords">Jio</keyword> and Reliance Retail. The possibility of these two giants going public has been a topic of discussion since 2019, and with the five-year mark approaching, investors are keen to hear concrete plans. Energy projects: Reliance’s foray into the green energy sector has been a key focus in recent years. The AGM is expected to provide updates on the progress of the company’s ambitious new energy projects, particularly the development of a large green energy complex in Jamnagar. This complex, featuring giga factories for solar PV, energy storage, and other technologies, is part of Reliance’s broader strategy to transition from traditional energy sources to more sustainable options. Investors will be looking for detailed timelines and potential earnings projections from these ventures. 5G Rollout: Reliance Jio’s 5G rollout is another critical area of interest. The company has already made significant strides in expanding its 5G network across India, and the AGM is expected to shed light on how RIL plans to monetize this infrastructure. This could include potential partnerships, new service offerings like the JioPhone 5G, and strategies to increase subscriber growth. The success of Jio’s 5G rollout will be crucial in maintaining its competitive edge in the rapidly evolving telecom market. AI focus: In addition to its core business areas, Reliance is also expected to make announcements related to artificial intelligence (AI). With global tech giants increasingly focusing on AI, RIL is likely to reveal new AI initiatives tailored to the Indian market. This could include expansions to Hanuman AI, a generative AI tool developed with leading Indian institutions, which supports multiple Indian languages. Succession planning: Another topic of interest is Reliance’s succession plan. With Mukesh Ambani having previously outlined a blueprint for leadership transitions within the company, shareholders will be looking for updates on how these plans are being implemented. The AGM may provide further clarity on the roles of Ambani’s children—Akash, Isha, and Anant—who have been earmarked to lead the telecom, retail, and energy segments, respectively.

Reliance AGM 2024 at 2 pm today: What it is, where to watch, and what to expect

<ul class="summary-list"><li>Anant Ambani and Radhika Merchant got married in a star-studded ceremony in Mumbai over the weekend.</li><li>Merchant credited her mother-in-law, Nita Ambani, for planning the festivities.</li></ul>Anant Ambani — the son of <a target="_blank" href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">Asia's richest man, Mukesh Ambani</a> — married Radhika Merchant over the weekend. The newlyweds have heaped praise on Nita Ambani, the groom's mother, for the way the festivities turned out."My mother-in-law was the C.E.O. of the wedding, as I like to say," Merchant told <a target="_blank" href="https://www.vogue.com/slideshow/anant-ambani-radhika-merchant-wedding-exclusive?utm_brand=voguemagazine&amp;utm_campaign=aud_dev&amp;utm_content=instagram-bio-link&amp;utm_medium=social&amp;utm_social_type=owned&amp;utm_source=instagram&amp;utm_term=voguemagazine">Vogue</a> in an exclusive interview. "It was Nita's commitment and vision that brought our entire celebration to life."Nita Ambani oversaw the planning of the wedding festivities alongside her daughter, Isha Ambani, and her daughter-in-law, Shloka Ambani, Merchant said.In addition to their in-house staff, the Ambanis also engaged the help of event planners to pull off the celebrations, per Vogue. The festivities <a target="_blank" href="https://www.businessinsider.com/ambanis-throwing-another-pre-wedding-party-cruise-ship-2024-5">took place over multiple weeks</a> and culminated in a <a target="_blank" href="https://www.businessinsider.com/ambani-wedding-guests-celebrities-rich-powerful-famous-people-invited-2024-7">three-day wedding ceremony</a> in Mumbai over the weekend.The couple kicked off the festivities with a <a target="_blank" href="https://www.businessinsider.com/ambani-wedding-guests-celebrities-performance-dress-code-party-billionaire-2024-3">pre-wedding party</a> in March, which featured some 1,200 guests, including <a target="_blank" href="https://www.businessinsider.com/bill-gates-mark-zuckerberg-among-expected-attendees-at-indian-wedding-2024-2">business leaders like Mark Zuckerberg and Bill Gates</a>.During a speech at the pre-wedding bash, Anant <a target="_blank" href="https://www.businessinsider.com/anant-ambani-mom-nita-worked-hours-months-pre-wedding-reliance-2024-3">thanked his mother for working tirelessly</a> over months to make the party happen."All this is created by my mother and no one else, and my mother has gone all out for the last four months," Anant can be heard saying in a <a target="_blank" href="https://www.youtube.com/watch?v=mmMh8KtrGaY">video</a> of the speech uploaded in March. "She's worked for, I think, 18, 19 hours a day, and I'm extremely grateful to Mama. Thank you so much."Ambani's pre-wedding parties included performances from <a target="_blank" href="https://www.businessinsider.com/ambani-pre-wedding-celebration-with-justin-bieber-performance-2024-7">Justin Bieber </a>and <a target="_blank" href="https://www.businessinsider.com/rihanna-concert-ambani-indian-wedding-fee-cost-estimate-2024-3">Rihanna</a>, among other celebrities.<h2 id="d51f5c86-7f8c-4903-b067-8b4fee5282e1">Shadows, chefs, technicians: The staff behind a massive wedding</h2>While the newlyweds have been generous in their praise of Nita's work for the wedding, it takes a massive crew of professionals to pull off such an event. A multi-day Indian celebrity wedding can require around 500 staff, <a target="_blank" href="https://www.businessinsider.com/what-goes-into-planning-celebrity-wedding-ambani-india-millionaires-ceremony-2024-7">wedding planners previously told Business Insider</a>.In addition to chefs, waiters, decorators, and technicians, each main family member may also be assigned a personal butler, or "shadow," during the wedding to manage their needs, from holding their phones to ensuring hydration, the wedding planners said. Top security firms and local authorities may even be engaged to protect <a target="_blank" href="https://www.businessinsider.com/ambani-wedding-guests-celebrities-rich-powerful-famous-people-invited-2024-7#tony-blair-8">high-profile guests</a>.The planners BI spoke to said a typical three-day wedding that they plan costs about $1.2 million. A spokesperson for the Ambanis did not respond to a request for comment about the costs for Anant's wedding, which was hosted at the Ambani-owned Jio World Convention Centre.The wedding festivities <a target="_blank" href="https://www.businessinsider.com/ambani-billionaire-lavish-wedding-angers-locals-road-closures-traffic-mumbai-2024-7">sparked some controversy</a> over the weekend due to disruptions caused by traffic diversions and road closures. Nevertheless, the planners BI spoke to expect the scale of the wedding to leave a global impact on the wedding-planning industry."Given the immense influence celebrities have, their weddings often become blueprints for future celebrations worldwide," Bharat Jagasia, a Delhi-based wedding planner, told BI.

Nita Ambani was the 'CEO' behind the wedding that drew global A-listers to Mumbai over the weekend, daughter-in-law says

<keyword id="10926" type="General" weightage="100" keywordseo="reliance" source="Orion">Reliance</keyword> Consumer Products Limited, the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited, on Tuesday announced a strategic partnership with Sri Lanka-headquartered <keyword id="16311795" type="General" weightage="80" keywordseo="maliban" source="Orion">Maliban</keyword> Biscuit Manufactories (Private) Limited (Maliban). Maliban, a biscuit manufacturer, is well known for last 70 years for its range of quality products including biscuits, crackers, cookies and wafers. In addition, the company has expanded its products reach to global markets and exports to over 35 countries across five continents. "With a leading market position, Maliban has deep-rooted heritage and credibility. With this strategic partnership between RCPL and Maliban, we will not only be strengthening our FMCG portfolio through a great brand but will also be able to offer an excellent value proposition through quality products to our Indian consumers," said <keyword id="617730" type="General" weightage="50" keywordseo="isha-ambani" source="Orion">Isha Ambani</keyword>, Executive Director, Reliance Retail Ventures, in a release. "Being the custodian of several widely known global brands in India, Reliance is well-positioned to further expand the excellent consumer equity and reach that Maliban has built over 70 years," Isha Ambsaid. The vision of Reliance's FMCG arm is to bring to Indian consumers a bouquet of domestic and globally recognised consumer brands and product choices that offer superior value proposition with exceptional quality. It launched its packaged consumer products brand, 'Independence' in December 2022 and is creating a distinct and dedicated retail distribution network for its fast-expanding FMCG portfolio. <keyword id="6865480" type="General" weightage="50" keywordseo="rrvl" source="Orion">RRVL</keyword>, through its subsidiaries and affiliates, operates more than 16,500 own stores and partners with over 2 million merchants across Grocery, Electronics, Apparel, Pharmacy, lingerie, home and furnishing, beauty and personal care. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/godrej-consumer-products-q3-profit-rises-3-5-to-546-crore/articleshow/97485680.cms">Godrej Consumer Products Q3 profit rises 3.5% to ₹546 crore</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/india-emerged-as-global-ma-hotspot-in-2022-bain-company-report/articleshow/97490051.cms">India emerged as global M&amp;A hotspot in 2022: Bain &amp; Company report</a>

Reliance Consumer Products enters into strategic agreement with Sri Lankan biscuit maker Maliban

<ul class="summary-list"><li>Rihanna performed at the private pre-wedding bash of Indian billionaire Mukesh Ambani's son.</li><li>It was her first full live show in almost eight years, not counting the 2023 Super Bowl.</li></ul>It's the concert we all wished we were at but sadly had to watch through grainy phone camera footage: <a target="_blank" href="https://www.businessinsider.com/rihanna-life-career-timeline-iconic-moments-2019-2">Rihanna's</a> one-night-only comeback.The 36-year-old singer performed her first full live show in almost eight years — not counting <a target="_blank" href="https://www.businessinsider.com/rihanna-super-bowl-performance-photos-pregnant-2023-2">her 15-minute slot at the 2023 Super Bowl Halftime show</a> and <a target="_blank" href="https://www.youtube.com/watch?v=0NZ6A-X6taA">2023 Academy Award performance</a> — at the <a target="_blank" href="https://www.businessinsider.com/ambani-wedding-rihanna-ivanka-trump-radhika-merchant-fashion-2024-3">pre-wedding party of Anant Ambani</a>, the youngest son of Indian multibillionaire Mukesh Ambani, and his soon-to-be wife, Radhika Merchant.For the lucky <a target="_blank" href="https://www.businessinsider.com/bill-gates-mark-zuckerberg-among-expected-attendees-at-indian-wedding-2024-2">1,200-plus guests</a> — including Mark Zuckerberg, <a target="_blank" href="https://www.businessinsider.com/photos-ivanka-trump-wears-shiny-sari-to-ambani-wedding-event-2024-3">Ivanka Trump</a>, and Bollywood stars — the singer took to the stage in Jamnagar, India, to deliver a concert-length <a target="_blank" href="https://www.nme.com/news/music/rihanna-plays-first-show-in-eight-years-at-billionaires-wedding-in-india-setlist-watch-footage-3595618">19-song set,</a> including hits such as her career-launching "Umbrella" and No.1 hits "Diamonds" and "Work," according to NME.The show also included live renditions of the songs "We Found Love," "Stay," "Rude Boy," and "All Of The Lights," and ended with the <a target="_blank" href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">whole Ambani family</a> joining Rihanna onstage."I'm here tonight in honor of Anant and Radhika. Thank you for having me here. God bless your union. I wish you all the best. Congratulations," she said to the couple, according to <a target="_blank" href="https://www.thenationalnews.com/arts-culture/music-stage/2024/03/02/rihanna-ambani-india-performance/">The National</a>.<h2>Rihanna received a payday somewhere between $5 and $9 million, according to estimates</h2>There's been rampant speculation on how much Rihanna was paid for her performance. According to anonymous sources cited by<a target="_blank" href="https://www.indiatoday.in/music/story/heres-how-much-rihanna-is-getting-paid-for-the-ambani-wedding-exclusive-2508925-2024-03-01"> India Today</a>, her performance fee is somewhere between $8 and $9 million.<a target="_blank" href="https://www.dailymail.co.uk/femail/article-13140287/Anant-Ambani-Radhika-Merchant-kick-lavish-pre-wedding-party-feeding-50-000-villagers-Jamnagar.html">The Daily Mail</a> meanwhile estimated a starting price of $6 million for the gig.Both won't be entirely far-fetched guesses if you consider that the pre-wedding celebration budget maybe $120 million, the Daily Mail claimed, citing unnamed sources.<div type="image" title="Mukesh Ambani, the Chairman of Reliance Industries, Isha Piramal, Rihanna, Shloka Mehta Ambani, Akash Ambani and Radhika Merchant react on the stage during pre-wedding celebrations of Anant and Radhika." height="854" width="1280" msid="108168017" hostid="261" sizebytes="99148"></div>There's no question that the three-day bash — which is still ongoing until Monday — is wildly extravagant, even by the <a target="_blank" href="https://www.businessinsider.com/photos-indian-wedding-cost-bride-advice-florida-2023-9">standards of Indian weddings</a>.The elder Ambani, the chair of the Fortune 500 company Reliance Industries, has an <a target="_blank" href="https://www.bloomberg.com/billionaires/">estimated net worth of $113 billion</a>, and it's clear from the <a target="_blank" href="https://www.instagram.com/reel/C4AFi3JPE48/?igsh=MWp4NjEyY2dyZDk5Zw%3D%3D">drone show </a>to the decor and the flowers and <a target="_blank" href="https://www.businessinsider.com/ambani-wedding-guests-celebrities-performance-dress-code-party-billionaire-2024-3">festivities still to come</a> (including the wedding itself which is scheduled for July) that no expense has been spared.The Ambani family reportedly spent over $100 million on the pre-wedding ceremony of daughter Isha Ambani and her now-husband, Anand Piramal, according to <a target="_blank" href="https://www.theguardian.com/world/2024/feb/28/anant-ambani-wedding-son-indias-richest-person-mukesh-celebrity-guest-list">The Guardian</a>.Booking megastars is also something the family has done before. At Anant's sister's wedding in 2018, <a target="_blank" href="https://www.vogue.in/content/beyonce-performs-at-isha-ambani-and-anand-piramals-wedding">Beyoncé</a> performed.A year later, in 2019, Coldplay's front man, Chris Martin, and The Chainsmokers <a target="_blank" href="https://www.gqindia.com/content/akash-ambani-pre-wedding-party-chris-martin-coldplay-chainsmokers-performed-at-akash-ambani-pre-wedding-bash-in-switzerland">entertained guests</a> attending Akash Ambani — the soon-to-be-wed Ambani's older brother — and Shloka Mehta's pre-wedding bash in Switzerland. The couple also had Adam Levine <a target="_blank" href="https://www.vogue.in/content/akash-ambani-shloka-mehta-post-wedding-celebration-inside-pictures-maroon5-honey-singh-performance-video">serenade them</a> at their post-wedding bash.

Rihanna came out of retirement for the Ambani wedding concert and a hefty payday

Jamnagar (Gujarat) [India], February 28 (ANI): The pre-wedding festivities of Reliance Industries Chairman Mukesh <keyword id="19898589" type="General" weightage="20" keywordseo="ambani" source="keywords">Ambani</keyword>'s youngest son Anant Ambani, who is set to tie the knot with industrialist Viren Merchant's daughter, Radhika Merchant, have started with 'anna seva'. At Jogwad village near Reliance Township in Jamnagar, Mukesh Ambani, Anant Amband other members of the Ambani family, including Radhika Merchant, served traditional Gujarati food to the villagers. Radhika's maternal grandmother and parents - Viren and Shaila Merchant - also took part in the 'anna seva'. Food will be served to about 51,000 local residents, which will continue for the next few days. The Ambani family has organized 'anna seva' to seek the blessings of the local community for the pre-wedding celebrations of Anant Ambani and Radhika Merchant. After the meal, the attendees enjoyed traditional folk music. Famous Gujarati singer Kirtidan Gadhvi stole the show with his singing. Sharing food is an old tradition in the Ambani family. The Ambani family has been serving food on auspicious family occasions. When the country was grappling with coronavirus pandemic, Reliance Foundation, under the leadership of Anant Ambani's mother Nita Ambani, ran a large food distribution programme. Taking forward the family tradition, Anant Ambani has started his pre-wedding functions with anna seva. The pre-wedding functions are expected to be traditional and grand. Guests will get to experience the beauty of Indian culture at the pre-wedding festivities. The guests at the occasion will receive traditional scarves made by women artisans from Kachchh and Lalpur in Gujarat. Qatar Prime Minister Mohammed bin Abdulrahman bin Jassim Al Thani, Queen of Bhutan Jetsun Pema, Meta CEO Mark Zuckerberg, Adobe CEO Shantanu Narayen, and Saudi Aramco Chairperson Yasir Al Rumayyan are among those invited for the celebrations scheduled between March 1-3. The guest list also includes former Prime Minister of Sweden Carl Bildt, former Prime Minister of Canada Stephen Harper, President of Google Donald Harrison, former President of Bolivia President Jorge Quiroga, former Prime Minister of Australia Kevin Rudd and Chairperson World Economic Forum Klaus Schwab. CEO and MD ADNOC Dr Sultan Al Jaber, CEO bp Murray Auchincloss, Chairman and Founder Colony Capital <keyword id="20770673" type="General" weightage="20" keywordseo="thomas-barrack" source="keywords">Thomas Barrack</keyword>, , CEO JC2 Ventures John Chambers, former CEO bp Bob Dudley, President of Global Development at BMGF Christopher Elias, Executive Chairman at Exor John Elkann, and CEO of Endeavor Ari Emanuel are also expected to be in Jamnagar next month. Chairman and CEO BlackRock Larry Fink, CEO Brookfield Asset Management Bruce Flatt, Co-chair Board member BMGF Bill Gates, COO BlackRock Rob L Goldstein, Managing Director Morgan Stanley Michael Grimes, Chairman Hilton &amp; Hyland Richard Hilton, Vice Chairman Berkshire Hathway Ajit Jain, Board Member Mandarin Oriental Archie Keswick, Scientist Dr Richard Klausner, Businessman Jared Kushner, Founder <keyword id="20626887" type="General" weightage="20" keywordseo="thrive-capital" source="keywords">Thrive Capital</keyword> Joshua Kushner, Former CEO bp Bernard Looney, Former Governor Businessman Terry McAuliffe, Scientist and Entrepreneur <keyword id="20770671" type="General" weightage="20" keywordseo="yuri-milner" source="keywords">Yuri Milner</keyword>, Founder and CEO Lupa Systems James Murdoch, President and CEO Aramco Amin H Nasser, Founder NV Investments <keyword id="20770672" type="General" weightage="20" keywordseo="vivi-nevo" source="keywords">Vivi Nevo</keyword>, Former Dean Harvard Business School Nitin Nohria, COO Meta Javier Olivan, Vice Chairman Bank of America Purna Saggurti, , Founder and CEO Steel Perlot Michelle Ritter, Founder Schmidt Futures Eric Schmidt, Founding and Managing Partner Sherpalo Ram Shriram, CEO Sanmina Corp Jure Sola, CEO Enterprise GP Jim Teague, Group Chairman HSBC Holdings Plc Mark Tucker, and journalist Fareed Zakaria are among some of the other expected guests. Recently, Reliance Foundation posted a video on their Instagram handle in which women from Gujarat can be seen curating Bandhani scarves for the wedding functions of Anant and Radhika. In the clip, one can also see Nita Ambani, the founder and chairperson of Reliance Foundation, meeting the artisans and expressing her happiness for their hard work. "These women pour their hearts and souls into the craft, preserving age-old techniques and breathing life into stories as ancient as the land itself. Swadesh is empowering communities and preserving age-old craftsmanship," Reliance Foundation captioned the post. Ushering in the much-awaited wedding, the Ambani family has also facilitated the construction of new temples within a sprawling temple complex in Jamnagar, Gujarat. Featuring intricately carved pillars, sculptures of Gods and Goddesses, fresco-style paintings, and architecture inspired by generations of artistic heritage, the temple complex keeps India's rich cultural and spiritual identity at the heart of the wedding festivities. Brought to life by master sculptors, the temple art employs age-old techniques and traditions. The initiative highlights the incredible skills of local artisans, reflecting Nita Ambani's vision of preserving and promoting Indian heritage, tradition and culture. Anant and Radhika got engaged in a traditional ceremony in January 2023 at the family's residence Antilia in Mumbai. Isha Ambani, Akash Ambani and Anant Ambani, the three children of Mukesh-Nita Ambani, have been closely involved with and are leading and managing key businesses of RIL over the last few years including retail, digital services and energy and materials businesses. They also serve on the boards of the key subsidiaries of Reliance Industries. While Isha M Ambani has been driving the expansion of Reliance Retail, Akash M. Ambani is serving as the Chairman of Reliance Jio Infocomm Limited (RJIL) since June 2022 and Anant M Ambani is driving the expansion of energy and materials businesses of Reliance Industries. Isha and Akash got married in 2018 and 2019, respectively. Anant Ambani is also involved with several compassionate initiatives to rehabilitate at-risk animals and provide them care and dignity in their residual life. Reliance Industries and Reliance Foundation this Monday launched Vantara, a paradigm-shifting initiative for animal welfare in the heart of Gujarat's green belt. Vantara (Star of the Forest), an ambitious programme is dedicated to the rescue, treatment, care, and rehabilitation of animals in need. (ANI)

Anant Ambani, Radhika Merchant's pre-wedding celebrations begin with 'anna seva'

<ul><li>RIL’s annual general meetings have been labelled ‘carnivals’ by market experts due to huge attendance.</li><li>The company has been acquiring many companies across sectors, above and beyond the many interests it already holds.</li><li>Here are some of the questions that investors can ask the chairman at the <keyword id="45644" type="General" weightage="80" keywordseo="agm" source="Orion">AGM</keyword> about the future course of the conglomerate. </li></ul>It’s been decades since <keyword id="6418409" type="General" weightage="50" keywordseo="dhirubhai-ambani" source="Orion">Dhirubhai Ambani</keyword> famously said that a phone call should be cheaper than a postcard. No one writes postcards anymore. But <keyword id="10924" type="General" weightage="100" keywordseo="ambani" source="Orion">Ambani</keyword> generations are still experimenting with newer and newer ways to bring people ‘closer’. During the first pandemic year, Isha and Akash Ambani conversed in their 2D and 3D avatars via a holographic call at the company’s 41st annual general meeting; showcasing their futuristic product – <keyword id="9579590" type="General" weightage="50" keywordseo="jio-glass" source="Orion">Jio Glass</keyword>. The twins kept two important traditions alive – announcing the next-big thing of the group’s ever expanding interests; and of course the dazzle factor of AGMs. The celeb factor In 2019, <keyword id="3820" type="General" weightage="80" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> connected to Alphabet CEO Satya Nadella after he announced a deal with Google. Two years later, he ‘welcomed’ Saudi Aramco’s chairman Yasir Al-Rumayyan onto the board. The $15 billion deal with the oil major was cancelled a few months later over valuation mismatch. Yet the optics around the ‘big announcements’ have worked so well that most of the time, RIL stock tends to appreciate ahead of an AGM. Especially since 2016, when telecom’s soft launch kicked off, it never did die down. Most of them also center around technologies of tomorrow – be it shopping via VR or retail going online. The range and depth of Relianceverse It’s not just metaverse or virtual reality that the group is banking on – the sheer number of acquisitions and interest that it has in startups has turned its interests into a mini Relianceverse. While they have acquired interests in over 20 companies since 2019. The ticket size of these acquisitions range from $2 million to $200 million from Sankhya Sutra Labs to Dunzo, respectively. The companies belong to niche specializations – from fluid dynamics software simulation software VR imaging to ERP and SaaS companies, e-commerce companies, creative home solutions to AI powered learning platforms. The latest acquisitions however pertain to lithium and sodium battery solutions as the group ventures into green hydrogen. According to a Bank of America research report, the historical M&amp;As show a pattern – they all were done to add value or fill gaps in RIL’s consumer offerings where management believed it was difficult to build in-house. “All investments fall under five categories– telecom, retail, education, healthcare, and agriculture. A new category of clean-energy was added in 2020-21 where further investments were made with an intention of getting access to clean-tech,” the report said. This BoFA rule however exceptions – the luxury hotel of Mandarin Oriental in New York for $98 million, UK based hotel StokePark for $79 million, SkyTran a clean tech podcar transport system based in the US, and also a smaller acquisition of IMG Reliance, an event management company for $7 million. This is the part that investors seek clarity from the management and the best way to do it is the annual general meeting that’s to be held on August 29, 2022. Questions to be asked Reliance AGMs are blessed with a large and wide attendance, making market watcher S P Tulsian once call it a ‘carnival’. While most people come to get a glimpse of India’s richest family members and some others entertain with shayaris, investors also need to do what AGMs are there for — to ask questions about the direction of the business and the value its creating. Currently, RIL is an oil to telecom to retail to new energy business that’s being driven in different directions. Here are some of the questions that can be answered at the AGM. <ol><li>Why are we acquiring so many companies across business and are we getting into hotels and lifestyle business, especially in international markets? </li><li><keyword id="8508699" type="General" weightage="50" keywordseo="jio-mart" source="Orion">Jio Mart</keyword> is nowhere close to Amazon, Flipkart or even startups like Swiggy Instamart. When can we expect a possible sync with Dunzo and become a serious e-commerce player?? </li><li>Reliance JioTV and JioFibre were launched with the promise of first show movies, but Voot and JioTV are nowhere close to Hotstar, Prime or Netflix. Will the $3 billion IPL media rights be a game changer? </li><li>We paid nearly $11 billion for 5G spectrum, when can we expect the payoff? And, when will we reach the 500 million subscriber target? </li><li>Reliance has plans for green hydrogen, biogas and solar PV manufacturing, which are capital intensive. When can we expect a demerger or fund raising? </li><li>The IPO market has become feeble due to international market conditions. Will that delay the demerger and listing of retail and telecom businesses? </li><li>Akash Ambani has been elevated as the head of telecom business. Is there a complete succession plan in place? </li></ol>SEE ALSO : <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/gautam-adanis-overly-ambitious-growth-plans-can-spiral-into-a-massive-debt-trap-fitch/articleshow/93725014.cms">Gautam Adani’s overly ambitious growth plans can spiral into a massive debt trap: Fitch</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/research/news/drdo-has-developed-a-facial-recognition-system-that-claims-to-see-through-masks-and-disguise/articleshow/93726351.cms">DRDO has developed a facial recognition system that claims to see through masks and disguise</a>

What should investors ask Mukesh Ambani at his company’s AGM?

<ul><li>Dabur, in the regulatory filing, "confirmed purchase of 8.48 per cent stake in <keyword id="498521" type="COMPANY" weightage="20" keywordseo="Eveready">Eveready</keyword> Industries" by the promoters. The transaction was carried out on July 14.</li><li>Post the transaction, shareholding of these five entities in Eveready Industries increased from 11.35 per cent to 19.84 per cent.</li><li>Last month, Eveready Industries had said coronavirus pandemic will have an impact on its profitability in the short-term and it is engaged in discussions with lenders to infuse additional fund to meet working capital gap and ensure no impact on its operations. </li></ul>FMCG major Dabur's promoters have hiked their stake in Eveready Industries by 8.48 per cent by acquiring 61.67 lakh shares in the open market, according to a BSE filing. Dabur's five promoters -- M B Finmart, <keyword id="8881424" type="COMPANY" weightage="20" keywordseo="puran-associates">Puran Associates</keyword>, V I C Enterprises, <keyword id="8881423" type="COMPANY" weightage="20" keywordseo="chowdry-associates">Chowdry Associates</keyword> and <keyword id="5206072" type="COMPANY" weightage="20" keywordseo="Gyan-Enterprises">Gyan Enterprises</keyword> -- through portfolio managing firm Guardian Advisors have hiked their stake in Eveready Industries. Dabur, in the regulatory filing, "confirmed purchase of 8.48 per cent stake in Eveready Industries" by the promoters. The transaction was carried out on July 14. Post the transaction, shareholding of these five entities in Eveready Industries increased from 11.35 per cent to 19.84 per cent. Last month, Eveready Industries had said coronavirus pandemic will have an impact on its profitability in the short-term and it is engaged in discussions with lenders to infuse additional fund to meet working capital gap and ensure no impact on its operations. Eveready Industries shares closed 9.96 per cent higher at Rs 88.90 apiece on the BSE. SEE ALSO: <a href="https://www.businessinsider.in/business/news/google-picks-up-a-7-7-stake-in-mukesh-ambani-jio-for-33737-crore/articleshow/76977043.cms">Google picks up a 7.7% stake for ₹33,737 crore in Reliance Jio</a> <a href="https://www.businessinsider.in/tech/news/jio-glass-akash-ambani-and-isha-ambani-announce-reliances-latest-product-which-offers-holographic-video-calls/articleshow/76977640.cms">Jio Glass – Akash Ambani and Isha Ambani announce Reliance’s latest product which offers holographic video calls</a> <a href="https://www.businessinsider.in/stock-market/news/wipro-share-price-16-increase-leads-to-surge-in-infosys-share-price-too/articleshow/76973619.cms">Wipro share price 16% increase leads to surge in Infosys share price too</a>

Dabur promoters hike stake in Eveready Industries by 8.48%

<ul><li>Mukesh Ambani became a grandfather, today, after his son Akash Ambani and daughter-in-law Shloka Mehta gave birth to a baby boy in Mumbai. </li><li>This is the first child of Shloka Mehta and Akash Ambani after the couple tied the knot in March 2019. </li><li>The 63-old Ambani is the richest man of Asia and has a net wealth of $77.2 billion, according to Forbes.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Asia's richest man and the owner of the most valued company of India, Mukesh Ambani became a grandfather after his son Akash Ambani, and daughter-in-law Shloka Mehta gave birth to a baby boy in Mumbai. "Nita and Mukesh Ambani are delighted to become grandparents for the first time, as they welcomed the great-grandson of Dhirubhai and Kokilaben Ambani," the family said in a statement, according to <a href="https://www.cnbctv18.com/india/shloka-akash-ambani-become-parents-of-baby-boy-7694741.htm">CNBCTV18</a>. The statement <a href="https://www.cnbctv18.com/india/shloka-akash-ambani-become-parents-of-baby-boy-7694741.htm">reportedly </a>mentioned that both mother and son are doing well. <div type="javascript" title="Instagram" contenttype="Image"><cdata><![CDATA[ ]]></cdata></div> Shloka Mehta is the daughter of diamantaire Russell Mehta and Mona Mehta. The couple were reportedly school friends who met at Dhirubhai Ambani school. And, got engaged in June 2018 before getting married last year, which was attended by some of the world's most rich and powerful including Hillary Clinton, Alphabet CEO Sundar Pichai and former British PM Tony Blair. This is the first child of Shloka Mehta and Akash Ambani after the couple tied the knot in March 2019. The 63-old Ambani is the richest man of Asia and has a net wealth of $77.2 billion, according to Forbes. Ambani's have three children — twins Akash and Isha, and Anant. Akash Ambani is the eldest son of the family. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/facebook-hit-with-2-massive-antitrust-lawsuits-from-the-ftc-and-46-states-seeking-to-spin-off-instagram-and-whatsapp/articleshow/79652195.cms" data-type="tilCustomLink">Facebook hit with 2 massive antitrust lawsuits from the FTC and 46 states seeking to spin off Instagram and WhatsApp</a> <a href="https://www.businessinsider.in/stock-market/news/airbnb-prices-ipo-at-68-per-share-will-raise-3-5-billion/articleshow/79653812.cms" data-type="tilCustomLink">Airbnb prices IPO at $68 per share, will raise $3.5 billion</a>

Asia's richest man now has a grandson

<ul><li>The Women and Child Development (WCD) and Education Ministries are working in a coordinated way to meet the Prime Minister's vision of providing nutritious meals to the students in government schools. </li><li>The Prime Minister had in 2018 launched 'Poshan Abhiyaan'-- a robust scheme which has been playing an important role in eliminating malnutrition from the country. </li><li>On this 'Poshan Maah 2020', Modi's government planned to focus on an intensive campaign across the country for the holistic nourishment of children with severe acute malnutrition, Union Home Minister <keyword id="6355521" type="PERSON" weightage="20" keywordseo="amit-shah">Amit Shah</keyword> said in a statement. </li></ul>Milk will soon be an integral part of the <keyword id="6467547" type="UNKNOWN" weightage="20" keywordseo="Midday-Meal">midday meal</keyword> scheme to ensure proper nutrition to all students in government schools across the country, which is in tune with Prime Minister Narendra Modi's aim to make a malnutrition-free India. The Women and Child Development (WCD) and Education Ministries are working in a coordinated way to meet the Prime Minister's vision of providing nutritious meals to the students in government schools. All the officials linked to the departments concerned dealing with the policies have been directed by both the ministries on the 3rd 'Rashtriya Poshan Maah' to expedite changes in <keyword id="115962" type="COMPANY" weightage="20" keywordseo="midday">midday</keyword> meal by including milk soon after the schools resume functioning with attendance by children. The Prime Minister had in 2018 launched 'Poshan Abhiyaan'-- a robust scheme which has been playing an important role in eliminating malnutrition from the country. On this 'Poshan Maah 2020', Modi's government planned to focus on an intensive campaign across the country for the holistic nourishment of children with severe acute malnutrition, Union Home Minister Amit Shah said in a statement. In this regard, an official, requesting anonymity, told IANS that the Education Ministry may come up with a revised menu for midday meals scheme, that will include milk as an integral component. All the state government's have been told to implement the new midday meal policy which includes milk. Earlier, the then HRD Ministry had revised its midday meal policy in 2016. In order to give better quality food to children in schools where midday meals are provided, the HRD has revised its norms, that include milk as a necessary supplement. WCD Minister <keyword id="6612" type="PERSON" weightage="20" keywordseo="Smriti-Irani">Smriti Irani</keyword> on Monday assured Vice-President <keyword id="8563926" type="PERSON" weightage="20" keywordseo="m-venkaiah">M Venkaiah</keyword> Naidu that the central government would consider recommending to all the states to "include milk in the midday meal scheme". Irani's assurance came after Naidu earlier in the day suggested to her to add milk in breakfast or midday meals of children to improve nutritional level. The Vice President spoke with Irani on the 3rd Rashtriya Poshan Maah aimed at contributing towards a malnutrition-free India. An official in the Education Ministry told IANS that all students from Classes 1 to 8 in all government schools will be given 200 ml milk every day along with the midday meals. As per the official, this policy as is similar to the one issued in 2016 and then HRD Ministry direction to states in 2018 in which many loopholes were reported in its implementation. The states were earlier also directed to include milk and milk products in the midday meals so that these items could be procured from cooperative milk unions or federations. The Animal Husbandry, Dairying and Fisheries Department also took up the issue with the state Chief Secretaries on December 15, 2017, requesting them to consider supplying milk and milk products through their network under midday meals scheme of the Centre. Karnataka, <keyword id="6355554" type="LOCATION" weightage="20" keywordseo="Madhya-Pradesh">Madhya Pradesh</keyword>, Haryana, Puducherry, and Gujarat have confirmed supply of milk through schools but some states with higher surplus stocks of milk powder like Rajasthan, Maharashtra, Tamil Nadu, and Punjab are yet to decide in this regard. Almost two decades have passed since the midday meal became a part of the daily routine in government schools across the country. The central government had received complaints earlier on about inclusion of milk in midday meals. As per government norms, every child should receive 150-200 ml milk. However, there have been complaints that one litre of milk was mixed in a bucketful of water to serve to more than 80 children in a school in rural Uttar Pradesh. Some videos have also gone viral on the social media regarding the said incident. SEE ALSO: <a href="https://www.businessinsider.in/thelife/personalities/news/us-magazine-fortune-released-its-annual-40-under-40-list-of-most-influential-people-under-the-age-of-40/slidelist/77906566.cms">Isha and Akash Ambani, Adar Poonawalla, Byju Raveendran — meet the Indians who made it to Fortune's ‘40 under 40’ list this year</a> <a href="https://www.businessinsider.in/business/startups/news/interview-madhuri-dixit-and-dr-shriram-nene-are-looking-to-raise-funds-for-their-online-dance-school-and-a-new-healthtech-venture/articleshow/77930270.cms">This Indian scientist-turned drugmaker doubled his wealth to $6 billion during coronavirus pandemic</a> <a href="https://www.businessinsider.in/business/startups/news/interview-madhuri-dixit-and-dr-shriram-nene-are-looking-to-raise-funds-for-their-online-dance-school-and-a-new-healthtech-venture/articleshow/77930270.cms">Madhuri Dixit and Dr Shriram Nene are looking to raise funds for their online dance school and a new healthtech venture</a>

Milk to be 'integral' part of midday meal scheme soon

<ul><li>The Plaza has many first stores of brands like <keyword id="6999" type="General" weightage="80" keywordseo="valentino" source="Orion">Valentino</keyword>, Tory Burch, Yves Saint Laurent, Versace, Tiffany, Ladurée and Pottery Barn.</li><li>It has 66 luxury brands under one roof, sprawled across 7,50,000 square feet.</li><li>It has services like personal shopping assistance, hands-free shopping with baggage drop, butler service. </li></ul>For the rich of Mumbai, there is a new top-end destination which brings 66 luxury brands under one roof – <keyword id="13712512" type="General" weightage="20" keywordseo="jio-world-plaza" source="Orion">Jio World Plaza</keyword>. The sprawling 7,50,000 square foot mall is strategically located at the heart of island city — mushroomed by banks, investment banks, PE offices and more. The mall also boasts of many debuts. Brands like Valentino, Tory Burch, Yves Saint Laurent, Versace, Tiffany, Ladurée and Pottery Barn opened their first stores. It also has many recent entrants of India like Balenciaga, <keyword id="17613" type="General" weightage="80" keywordseo="giorgio-armani" source="Orion">Giorgio Armani</keyword> Café, Pottery Barn Kids, Samsung Experience Centre, EL&amp;N Café and Rimowa. The mall which opens doors to the public on November 1, houses the best of the best in fashion like <keyword id="5940" type="General" weightage="50" keywordseo="louis-vuitton" source="Orion">Louis Vuitton</keyword>, Gucci, <keyword id="30247" type="General" weightage="50" keywordseo="cartier" source="Orion">Cartier</keyword>, Bally, Giorgio Armani, Dior and Bulgari. Indian designers like Manish Malhotra, Abu Jani-Sandeep Khosla, Rahul Mishra, Falguni and Shane Peacock, and Ri By Ritu Kumar also have their stores there. “Our envisioning of the Jio World Plaza is aimed at bringing the best global brands to India as well as highlighting the prowess and craftsmanship of top Indian brands; and hence create a very unique retail experience," said Isha M Ambani, director, Reliance Industries. Baggage drops and butler services The mall, however, is not about shopping alone. It also has entertainment offerings which include a multiplex theatre and a well-curated gourmet food emporium with world-class restaurants. That’s a far cry from the food courts of most malls. “Services like personal shopping assistance, VIP concierge, taxi-on-call, wheelchair services, hands-free shopping with baggage drop, butler service, and baby strollers amplify the Plaza's commitment to the consumer To cater to the aesthetics of its audience with high-taste, the Plaza is suffused with art. With marble-clad floors and soaring vaulted ceilings, it also boasts of an artful play of soft lighting. Its structure is inspired by the lotus flower and other elements of nature and is designed by a US-based team, the company says. The shopping concourse is punctuated with sculptural columns that act as a visual thread weaving design continuity into the fabric of the space. “The Jio World Plaza is more than a retail destination; it's an embodiment of aesthetics, culture, and leisure," says Ambani. The Plaza seamlessly integrates with the Nita Mukesh Ambani Cultural Centre, the Jio World Convention Centre and the Jio World Garden, making it an all-encompassing destination for visitors.

Not just brands, Jio World Plaza has butler services, baggage drops, personal shopping assistants

New Delhi, Mar 27 () In a shareholding rejig at Reliance Industries, Mukesh Dhirubhai Ambani, Nita Mukesh Ambani, Isha M Ambani, Akash M Ambani and Anant Mukesh Ambani along with one of the firm's promoters bought shares worth over Rs 9,145 through open market transactions on Friday. As per the block deal data on the BSE, Mukesh Dhirubhai Ambani picked up 2,68,308 shares, Nita Mukesh Ambani 7,03,708 shares, Isha M Ambani 7,71,220 shares and Akash M Ambani 7,73,620 shares of the firm at an average price of Rs 1,077 apiece, while Anant Mukesh Ambani bought 73,00,000 shares at a price of Rs 1,056 per scrip. Besides, Reliance Industries Ltd's (RIL) promoter, Tattvam Enterprises LLP, purchased 7,67,35,388 shares at Rs 1,056 apiece. The total deal value for the shares purchased by the promoters of RIL stood at Rs 91,45,20,23,640. According to separate transactions, another promoter of the company, Devarshi Commercials LLP, offloaded a total of 8,65,52,244 shares for over Rs 9,145 crore. The shareholding data for December 2019 shows that Mukesh Dhirubhai Ambani held 0.12 per cent stake in the firm, Nita Mukesh Ambani, Isha M Ambani and Akash M Ambani held 0.11 per cent stake each while Anant Mukesh Ambani held 2 lakh shares of the firm. Tattvam Enterprises LLP held 6.97 per cent stake in the firm, while Devarshi Commercials LLP held 11.48 per cent of the total shareholding of the firm. Prior to this, Devarshi Commercials LLP on Wednesday had offloaded shares worth over Rs 11,000 crore. The shares sold by Devarshi were picked up by another promoter entity of Reliance Industries, Samarjit Enterprises LLP, at the same price. Shares of RIL on Friday ended at Rs 1,065.5, 0.86 per cent lower, on the BSE. SRS HRS

Reliance Industries' shares worth over Rs 9,145 cr change hands

Mumbai, Aug 4 () The organisers of Jio MAMI Mumbai Film Festival on Tuesday announced that its 22nd edition has been postponed due to the ᨊcoronavirus pandemic. The Mumbai Academy of Moving Image (MAMI) took the unanimous decision to push the festival to 2021, the dates of which would be announced soon. In a statement, Isha Ambani, member of MAMI's Board of Trustees, said it was the responsibility of the team to keep "communities safe during the crisis." "We are humbled and grateful for the special place that the festival has carved for itself in Mumbai's cultural landscape. We promise that the festival will come back with fullness in spirit and enthusiasm for our beloved city of Mumbai," Ambani said. Anupama Chopra, Festival Director, said the team would focus on their year-round programme's digital imprint, DIAL M For Films and MAMI YRP Home Theatre, in the absence of the on-ground festival. "As we carve the path ahead, we would like to thank our partners, sponsors, collaborators and the filmmaking community for standing by us. "Our endeavour will be to support them as much as we can in getting through this dark time," Chopra said. Smriti Kiran, Artistic Director, MAMI and Jio MAMI Mumbai Film Festival, said in the last three months, the film body has adapted to focussed digital programming with a "two-pronged aim." "First, to serve the community of film lovers that have relied on MAMI to bring them the best films from all over the world and the second, to continue to provide filmmakers with a platform to showcase their films... "We stay committed to the independent filmmaking community and our audience. We will continue to nurture the community, serve our audience and expand our footprint by adding more extensions to our digital arm and creating value for filmmakers who are already at a loss this year," Kiran said. The festival, however, would be releasing its official selection of Indian films for the year later in August. JUR RB RB

You Searched For "isha m ambani" and got 13 results

Reliance AGM 2024 at 2 pm today: What it is, where to watch, and what to expect

Divyanshi Sharma

Nita Ambani was the 'CEO' behind the wedding that drew global A-listers to Mumbai over the weekend, daughter-in-law says

Amanda Goh,Lian Kit Wee

Reliance Consumer Products enters into strategic agreement with Sri Lankan biscuit maker Maliban

ANI

Rihanna came out of retirement for the Ambani wedding concert and a hefty payday

Eve Crosbie

Anant Ambani, Radhika Merchant's pre-wedding celebrations begin with 'anna seva'

ANI

What should investors ask Mukesh Ambani at his company’s AGM?

Katya Naidu

Dabur promoters hike stake in Eveready Industries by 8.48%

PTI

Asia's richest man now has a grandson

BI India Bureau

Milk to be 'integral' part of midday meal scheme soon

IANS

Not just brands, Jio World Plaza has butler services, baggage drops, personal shopping assistants

BI India Bureau

Reliance Industries' shares worth over Rs 9,145 cr change hands

PTI

Jio MAMI Mumbai Film Festival postponed to 2021

PTI

A complete timeline of Nick Jonas and Priyanka Chopra's relationship

Callie Ahlgrim,Olivia Singh

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