Reliance AGM Highlights: "Jio Has Turned India From Data Dark To Data Shining, " Says Mukesh Ambani
Reliance Industries conducted its 42nd Annual General Meeting in Mumbai on Monday. Speaking at the event, held at Birla Matushri Sabhagar, chairman and managing director Mukesh Ambani said: "The future of India and the future of Reliance never looked brighter to me than now. Our Prime Minister has set the goal of making India a 5 trillion economy by 2024. I fully agree with the idea." Billionaire Mukesh Ambani made a number of big announcements at the annual event of the oil-to-telecom conglomerate. He said that Saudi oil major Aramco has agreed to take a 20 per cent stake in Reliance Industries' oil refinery and chemical business at an enterprise value of $75 billion (around Rs 5.32 lakh crore). This would be the biggest foreign investment in the history of the company, Mr Ambani said.