Reliance Industries AGM 2018 Live Updates: JioGiga TV, JioFiber, JioPhone2 announced; check details

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Updated:Jul 05, 2018 1:33:07 pm

Reliance AGM 2018 Live Update: Billionaire Mukesh Ambani announced the launch of JioGiga TV, JioPhone 2 and JioGigaFibre from August 15th, and said that three popular apps Youtube, Whatsapp and Facebook will be available on the JioPhone.

Billionaire Mukesh Ambani announced the launch of JioGiga TV from August 2018. JioPhone 2 to be available at Rs 2,999.

Reliance AGM 2018 Live Update: Billionaire Mukesh Ambani announced the launch of JioGiga TV, JioPhone 2 and JioGigaFiber from August 15th, and said that three popular apps Youtube, Whatsapp and Facebook will be available on the JioPhone. JioPhone 2 will be available at an introductory price of Rs 2,999.  In the hour long meeting, nearly 50 minutes were spent on a slew of announcements related to Reliance Jio. In the remaining time, Ambani spoke about media and entertainment, the hydrocarbon business and the retail arms.

“We have more than 25 million JioPhone users in India. We are now taking the JioPhone to the next level, with added capabilities and functionalities,” Mukesh Ambani noted. In his address, Mukesh Ambani said that while even as India looks to double its GDP by 2025, his company will more than double in the same period. We take a look at all the major announcements from the AGM today. We bring you Live updates from RIL’s 41st AGM.

Watch LIVE feed of Mukesh Ambani’s speech at Reliance AGM 2018

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Reliance 41st AGM 2018 LIVE Update: Mukesh Ambani addresses shareholders at Birla Matushri

13:16 (IST)05 Jul 2018
Reliance Industries shares trade flat

Following the Reliance AGM, Reliance Industries shares were trading at Rs 981.45, down by nearly 0.8%. Notably, prior to Mukesh Ambani's shareholder address this morning, the shares were trading slightly higher at Rs 1,001.1.

13:04 (IST)05 Jul 2018
Nitin Soni of Fitch sees increased pressure on Bharti Airtel

"The customer base has grown really well. The data traffic is one of the higheest on Relaince Jio. The revenue market share is also rising. In our opinion, Jio will continue to gain revenue as well as market share, putting further pressure on the incumbents. However, there is no new plan that is incrementally disruptive for the mobile sector. JioFiber launch is a significant announcment. That will impact Bharti Airtel's home segment," Nitin Soni of Fitch Ratings said.

12:51 (IST)05 Jul 2018
Jio GigaFiber FTTH broadband with up to 1Gbps data speeds announced

Jio says that Jio GigaFibre broadband and TV services will be available to the users within an hour, which means that the Jio engineers will arrive at your doorstep and set up the connection.

12:46 (IST)05 Jul 2018
SP Tulsian says death nail for D2H companies

"The death nail has come for the second round of the sectors ie the cable and direct-to-home companies, like Hathway, DEN Network, and may be for Dish TV as well in longer term, if not now. Ultimately you are giving super house in terms of connectivity and the transmission, where you have all types of facilities available -- entertainment, video conferencing, connectivity, etc. This is truly capturing benefits that one can derive from the Digital India by complimenting Jio and retail," SP Tulsian observes. 

12:42 (IST)05 Jul 2018
How to get Facebook, WhatsApp, YouTube on your JioPhone

Mukesh Ambani made an announcement at Reliance's 41st AGM that should bring cheer to hundreds of thousands of people looking for social media and entertainment on their affordable mobile devices. JioPhone finally supports WhatsApp, Facebook and YouTube. Here's how to get them on your JioPhone

12:38 (IST)05 Jul 2018
Jio took the cnetrestage at Reliance AGM

Nearly 50 minutes were spect on announcements relating to Reliance Jio in the hour-long speech by Mukesh Ambani. The remaining time of 15-20 minutes was spent on petchem, retail anf media and entertainment, with petchem taking most of the time.  

12:30 (IST)05 Jul 2018
Expert take on Reliance AGM

Complementing refinery and petrochemicals on one side, and retail and Jio on the other side. This will have far-reaching implications. Retail is supported by digital. Focus on Education, health, entertainment, agriculture products, all going to give a very good growth to retail, SP Tulsian observed. 

12:27 (IST)05 Jul 2018
Mukesh Ambani targets full production in KG-D6

In Reliance AGM today, Mukesh Ambani announced that RIL targets tull production from KG-D6 basin.

12:26 (IST)05 Jul 2018
Mukesh Ambani: Hydrocarbon business is poised for robust value creation in the future

Mukesh Ambani at the RIL AGM said that the company was adding carbon fibre and composites to portfolio of petchem products. He said that the aim was to transform petchem from cyclical business to annuity business. "Hydrocarbon business is poised for robust value creation in the future. Coal bed methane production second phase has been started to double production," Ambani added.

12:18 (IST)05 Jul 2018
Mukesh Ambani says largest ever cycle of investment in hydrocarbon business nearly complete

Mukesh Ambani said that the largest ever cycle of investment in hydrocarbon business is now complete. Hydrcarbon business is set to meert the rapid demand and create value for our shareowners, he said, adding that all the fuels will be upgraded soon.

12:17 (IST)05 Jul 2018
Mukesh Ambani: All initiatives to enhance capabilities and competencies

Mukesh Ambani at the RIL AGM said that all initiatives will enhance capabilities and competencies, making the company future-ready, as it transitions from a cyclical business to annuity business. "As we kick off our Golden Decade with a flourish, we remind ourselves of Reliance’s unwavering commitment towards India’s rise. May the God Almighty bless us in our endeavour," said Ambani.

12:12 (IST)05 Jul 2018
Mukesh Ambani: RIL's new initiatives now reach out to over 13,500 villages in 15 states

Mukesh Ambani said that Reliance Foundation’s rural transformation initiatives are focused on establishing strong market linkages for farmers and leveraging technology for better reach and impact. "The initiatives now reach out to over 13,500 villages in 15 states," said Mukesh Ambani at RIL AGM.

12:12 (IST)05 Jul 2018
Dream to see India lead the 4th industrial revolution: Mukesh Ambani

While India looks to double its GDP by 2025, I assure you, Reliance Industires will more than double its current size. It's my dream to see India lead the 4th digital revolution, says Mukesh Ambani.

12:10 (IST)05 Jul 2018
Employment generation a national imperative: Mukesh Ambani

By employing more than 10 lakh people indirectly, Reliance Jio has generated employment, which is now a national imperative. 

12:09 (IST)05 Jul 2018
Reliance to upgrade all fuels to high value petrochemicals

Mukesh Ambani said that the hydrocarbon business is thus posed for robust value creation and exciting times ahead. "As the world migrates from fossil fuels to renewable energy, we will maximize oil to chemicals conversion and upgrade all of our fuels to high value petrochemicals," said Ambani.

12:08 (IST)05 Jul 2018
Reliance among the world's companies to manage oil-telecom

Mukesh Ambani noted that Reliance Industires was among the world's first countires to achieve integration from oil-tlecom. We are committed to gain synergies, and the next decade will become the golden decade for Reliance.

12:05 (IST)05 Jul 2018
Jio Fiber registrations from August 15

Mukesh Ambani says that Jio will start taking registrations for setting up fibre network from August 15. Ambani says to integrate retail with Jio's digital infrastructure. The company's telecom service, will move India to top five nations in fixed line broadband in coming year, Ambani said.

12:05 (IST)05 Jul 2018
Finally, energy business makes an appearance at RIL's 41st AGM

As the world migrates from fossil fuels to renewable energy, we will maximize oil to chemicals conversion and upgrade all of our fuels to high value petrochemicals. The hydrocarbon business is thus posed for robust value creation and exciting times ahead: Mukesh Ambani at RIL's 41st AGM

12:02 (IST)05 Jul 2018
All of our fuels will be upgraded to meet rapid demand: Mukesh Ambani

Hydrcarbon business is set to meert the rapid demand and create value for our shareowners, says Mukesh Ambani.

12:01 (IST)05 Jul 2018
Facebook, WhatsApp, YouTube on JioPhone
11:58 (IST)05 Jul 2018
Reliance has reached an inflection point with consumer business contributing as much as its energy and petrochemical: Mukesh Ambani

Ambani targets 100 million Jio phone users in 'shortest possible time'. Registration for fixed line broadband service will begin from August 15, Ambani said. Reliance, he said, has reached an inflection point with consumer business contributing as much as its energy and petrochemical.

11:54 (IST)05 Jul 2018
Affordable healthcare a national necessity: Mukesh Ambani

India can overcome the shortage of doctors by implementing could-based technologies. We are making several efforts to build tele-medicine. This will create enormous social value.

11:53 (IST)05 Jul 2018
Mukesh Ambani: Biggest growth in creating a hybrid, online-to-offline new commerce platform

Mukesh Ambani at RIL AGM said that the company sees biggest growth in creating a hybrid, online-to-offline new commerce platform of. "35 crore customer footfalls at Reliance Retail. 21.5 crore Jio customers. 5 crore Jio giga-home customers and 3 crore small merchants and shop-keepers," said Ambani.

11:52 (IST)05 Jul 2018
If we combine tech and the wisdom of farmers, we can usher in a green revolution: Mukesh Ambani

"If we combine technology and the wisdom of farmers, we can usher in a green revolution," Mukesh Ambani noted, adding that Reliance Industries will continue to make efforts to realise the dream of doubling farmer income.

11:50 (IST)05 Jul 2018
Watch: Jio to introduce new apps on JioPhone
11:49 (IST)05 Jul 2018
Mukhesh Ambani says Jio revenue crossed Rs 69,000 crore, implying growth of 100% on year

Mukesh Ambani notes that Jio has grown by 100% on year, as revenue crossed Rs 69,000 crore.  "We have more than 25 million JioPhone users in India. We are now taking the JioPhone to the next level, with added capabilities and functionalities," Mukesh Ambani noted. 

11:47 (IST)05 Jul 2018
Both versions of JioPhone will continue

Isha Ambani says that post the launch of 'JioPhone 2., both the versions of the phone will be available side by side.

11:47 (IST)05 Jul 2018
Consumer is the King

Mukesh Ambani's unfailing attention is at the consumer businesses of RIL at the conglomerate's 41st AGM

"We see our biggest growth in creating a hybrid, online-to-offline new commerce platform of 35 crore customer footfalls at Reliance Retail; 21.5 crore Jio  customers; 5 crore Jio giga-home customers; And 3 crore small merchants and shop-keepers," says Mukesh Ambani

11:46 (IST)05 Jul 2018
RIL announces launch of smart home solutions which will ride on fibre network

RIL announced the launch of smart home solutions which will ride on fibre network. "Your home will have wall-to-wall WiFi coverage, every appliance, plug point, switch will become smart. You can have cameras giving you 24x7 security monitoring, alerts," said Akash Ambani at RIL AGM.

11:45 (IST)05 Jul 2018
Reliance Industries launches JioGiga Router & JioGigaTV Set Top Box & Jio Smart Home Solutions

In a slew of major announcements, Reliance Industries Chairman Mukesh Ambani announced the launch of JioGiga Router & JioGigaTV Set Top Box & Jio Smart Home Solutions. All of the products are expected to be available from August 15th.

11:44 (IST)05 Jul 2018
100 million users on Jio Phone alone?

With the added functionalities and strong retail presence across India, the goal that I have now set for our Jio team is to enable 100 million users on this Jio Phone platform in the shortest possible time and create another world record: Mukesh Ambani at RIL's 41st AGM

11:43 (IST)05 Jul 2018
Jio's new goal: To enable 100 million users on JioPhone platform

"With the added functionalities and strong retail presence across India, the goal that I have now set for our Jio team is to enable 100 million users on this JioPhone platform in the shortest possible time and create another world record. Jio has enabled Reliance to strategically reinvent itself as a Technology Platform Company. Digital platforms have become the new-age factories and service providers," says Mukesh Ambani at RIL AGM.

11:42 (IST)05 Jul 2018
JioPhone 2 will be available from August 15th

Mukhesh Ambani says JioPhone 2 will be available at an introductory price of Rs 2,999 from August 15

 
11:40 (IST)05 Jul 2018
Relaince launches JioPhone Monsoon Hungama

Mukesh Ambani announced the launch of a brand new JioPhone scheme, JioPhone “Monsoon Hungama”. "Under this offer, by exchanging your old feature phone, you can get a brand new JioPhone for an effective entry price of just Rs 501. Starting 15th August, we have another exciting offer for common Indians. They can purchase our Jiophone2 at an introductory price of only Rs 2,999," says Mukesh Ambani

11:37 (IST)05 Jul 2018
MBPS vs GBPS

Is the internet measured in MBPS too slow? 'Gone are the days of Mbps, now it will be about Gbps' Mukesh Ambani's daughter Isha Ambani says at RIL's 41st AGM.

11:36 (IST)05 Jul 2018
Youtube, WhatsApp, Facebook on Jiophone from August 15

Isha Ambani at Relaince AGM says, "Gone are the days of Mbps, now it will be about Gbps." Youtube, WhatsApp, facebook on jiophone will be available to all consumers from August 15

11:35 (IST)05 Jul 2018
3 most popular apps to be avaiable from 15th August this year

Youtube, Facebook and Whatsapp will now be available on JioPhone. Mukesh Ambani says it will go live on the JioPhone from 15th August 2018.

11:33 (IST)05 Jul 2018
Control your home directly with MyJio app

Set up your dream smart home with JioGigaFiber, says Akash Ambani. I'm sure these features will delight you. Mukesh Ambani back on stage.

11:32 (IST)05 Jul 2018
Mukesh Ambani says fiber broadband service to be called 'JioGigaFiber'

Mukesh Ambani announced the launch of 'JioGigaFiber.' The device is a  wired broadband service. "Just add a VR headset to JioGigaFiber, and you'll be transported to an alternate world, says Akash Ambani. With JioGigaFiber every home will have Reliance's revolutionary smart home solutions, says Akash Ambani.

11:31 (IST)05 Jul 2018
Jio Giga Fiber to also offer services to large enterprises, small businesses

Jio Giga Fiber will also offer services to large enterprises. Fixed-line broadband will mean having the ability to compete in the global marketplace, using digital tools and techniques that are powering the Fourth Industrial Revolution, says Mukesh Ambani. For merchants and small businesses, fixed-line broadband meanns, "When you combine fixed-line connectivity with the agility and customer obsession of a small owner-driven business you empower them to compete on level terms with larger businesses," added Ambani.

Reliance AGM 2018 Live Update: Billionaire Mukesh Ambani made a slew of announcements including the the launch of JioPhone 2 from August 15th, and said that three popular apps Youtube, Whatsapp and Facebook will be available on the JioPhone. JioPhone 2 will be available at an introductory price of Rs 2,999. Reliance Industries also announced the launch of JioGigaFiber,' a wired broadband service.
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