Reliance AGM annual general meeting which was held on 29th August. This meeting’s main agenda is to introduce new technologies and ideas to the world which are the future of Jio. Every year they just deliver some of the presentations regarding AI, 5G, and many other life-changing concepts and also, they claim their count of patents regarding phones or networking. But the main drawback most of the ideas exhibited here are just stopped in the idea phase, only some of those were executed in the real world.
The interesting part of the AGM was all the people on the RIL board who presented their, was virtual AI-generated presentations. Which resembles the coming AI world for future generations.
Let’s get into the innovations that they have launched in Reliance AGM:
At first, the bonus in the shares was announced for the shareholders of RIL. A 1:1 bonus declared to delivered on 5th September. Mukesh Ambani stated that the backbone of the reliance is their esteemed shareholders. They have also displayed the proof of the bonus shared with the letter that they have shared with the Bombay Stock Exchange.
Mukesh Ambani displayed their recording breaking annual revenue ever by a company in an Indian market. Reliance has crossed ₹10 Lakh crores annual revenue. In addition, their EBITDA was ₹1,78,677 Crores with a net profit of ₹72,020 crores. Reliance’s export revenue was almost ₹2.99 lakh Crores.
Jio Brain in AGM:
This AGM was all based on AI as their meeting mode shows that they stuck with AI developments and wanted to mark their industries in AI. Mukesh Ambani stated all reliance industries will empowered with AI in needed sectors. They have spending on tools and machines to further support the entire AI life cycle for future developments. They named it as Jio Brain. Stated that it used to derive faster decisions, accurate future predictions, and to understand customers’ needs better.
Jio cloud:
Ji launched their new cloud service system for the people. They have announced the Jio AI cloud welcome offer of 100GB. All Jio users can claim their 100 GB free cloud storage. They only stated the prices will be less than other competitors but they haven’t disclosed any exact price chart in Reliance AGM.
Jio TV OS:
Already Jio has entered the home appliances market with their home broadband and setup box for TVs. Besides they have unveiled JIO TV OS. This OS is for the Jio setup box to make the user experience easier. Furthermore, they claimed that it is 100% their own developed OS for the TV.
Android users can download it in the coming days.
Entrainment from AGM:
Reliance has announced its partnership with Disney+ Hotstar. They also stated there will be affordable prices across the platforms.
Education and sports:
Reliance Foundation has helped nearly 23 million people across for their education and sports future. Their major sub-foundations are Reliance Youth Sports and Young Champs.
Reliance retail profits:
They have showcased their financial performances. Acquired gross revenue is ₹3.06 lakh cores with 17.8% growth from the previous year. This displayed in Reliance AGM.
To maximize your wealth using gold check out the SGB gold investments.
Let us know about the secrets of dark web.
