Uploaded on Jul 17, 2020
PPT on Big Announcements by Reliance Industries.
Big Announcements by Reliance Industries.
BIG ANNOUNCEMENTS BY RELIANCE INDUSTRIES FULL SUPPORT IN FIGHT AGAINST COVID-19 • Nita Ambani promised Reliance Foundation's full support in the ruthless fight against Covid- 19. • She assured that when Vaccine is ready, she will make sure it reaches every corner of India. Image source: The Financial Express INVESTMENT IN RELIANCE JIO • These include: – Rs 43,574 crore from Facebook – Rs 33,737 crore from Google – Rs 11,367 crore from KKR, an American global investment firm – Rs 11,367 from Vista, a private equity firm Image source: The Financial Express INVESTMENT IN RELIANCE JIO • Google has agreed to invest Rs 33,737 crore to buy a 7.7 per cent stake in Reliance Industries. • Facebook opened the investment cycle in Jio Platforms by picking 9.99 per cent stake for Rs 43,573.62 crore. Image source: YouTube 5G SOLUTION • Ambani announced that Jio was developing a home-grown 5G solution, that has been made in India from scratch. • This will enable Jio to launch a “world-class 5G service in India”. Image source: Business Today STRONG INTEREST FROM STRATEGIC AND FINANCIAL INVESTORS • Mukesh Ambani said his group's retail venture has received strong interest from strategic and financial investors. • Reliance Retail has already started pilots of its ecommerce venture. Image source: The Economics Times JioMart • JioMart is now primed to expand steadily in India’s hyper local retail space. • It will use its strategic partnership with Facebook to use WhatsApp as a medium to bring kirana stores online. Image source: The Indian Express RANK OF RELIANCE JIO • Reliance is now ranked among the World’s 60 largest companies by market capitalization. • Reliance scales still higher summits of success says Mukesh Ambani. Image source: The Financial Express Promote Made-in-India • Reliance is working with other Indian companies, including start-ups, to vigorously promote “Made-in-India”. Image source: The Indian Express EDUCATION & SPORTS • Through Education and Sports for All initiative, Reliance Foundation has reached out to over 21.5 million children. • Right from grassroots level – Reliance is working tirelessly to develop a holistic sporting ecosystem in the country. Image source: The Economic Times Mission Anna Seva • Through Mission Anna Seva, Reliance has provided more than 5 crore meals to marginalised communities, daily- wage earners, and frontline workers across the country. Image source: Business Line
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