Mukesh Ambani Announces A Host Of Initiatives: What Do They Imply For RIL?
  • WebDesk BTVI
  • Aug 13 2019

Reliance Industries (RIL) chairman and managing director Mukesh Ambani, at the firm’s 42nd annual general meeting (AGM), announced 20 per cent stake sale in its oil-to-chemical business to Saudi Aramco. Among other initiatives, he also announced details related to the launch of Jio Fiber service, the triple play of broadband, TV and landline. BTVI's Piyush Jain gives a comprehensive overview of the key announcements and their implications for the company and the markets.