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Investors are expecting Mukesh Ambani to shed light on devices that would be introduced through Jio, the initial public offerings of Reliance Retail and Reliance Jio in its 46th AGM today

Reliance AGM today: From Reliance IPOs to Jio devices here's everything to expect

Investors are expecting Mukesh Ambani to shed light on devices that would be introduced through Jio, the initial public offerings of Reliance Retail and Reliance Jio in its 46th AGM today

Mukesh Ambani led Reliance Industries will hold its 46th annual general meeting today. This comes after Jio Financial Services (JFS), the demerged entity of Reliance Industries made a debut on the stock market. The AGM will be held at 2 pm today.&nbsp;
Investors are expecting Mukesh Ambani to shed light on devices that would be introduced through Jio, the initial public offerings of Reliance Retail and Reliance Jio. Here's what to expect
Also Read: <a href="https://www.editorji.com/business-news/reliance-5g-rollout-swedish-export-credit-agency-extends-2-2-bn-fund-to-finance-equipments-1691391959882">Reliance 5G Rollout: Swedish export credit agency extends $ 2.2 bn fund to finance equipment</a>
<h2>Reliance IPOs</h2>
The market is hoping for Reliance Jio IPO, Future Retail IPO. Mukesh Ambani in his speech at the previous AGM had said that he would give an update on the IPOs of his telecom and retail business this year.
&ldquo;I will take up your inputs with our board of directors on the question on IPO for Jio and Retail. The principles on timing and valuation of IPOs remain unchanged. I have outlined the plans for both businesses. Jio is embarking on an aggressive launch of our 5g service and retail is on a path of exponential growth. I will update you on the IPO in my speech next year,&rdquo; he had stated.
<h2>Reliance Jio's 5G plans</h2>
Reliance is likely to announce new Jio 5G plans for different cities across the country. So far, the company has been using its 4G plans to provide 5G services and is expected to announce its complete &nbsp;rollout of 5G services at the AGM.
JioPhone 5G 2023 is also expected to be unveiled at a price under Rs 10,000. The features of the phone might include 4G RAM, dual rear camera setup including a 13MP primary sensor and a 2MP secondary sensor, along with a 5MP front facing camera.&nbsp;
The price and availability of AirFiber 5G - Reliances' 5G hotspot device that was announced in the last AGM.&nbsp;
Apart from this, Ambani will also make announcements regarding investments in Reliance New Energy, its clean energy unit, Jio Financial Services&rsquo; expansion plans. Reliance Retail&rsquo;s Executive Director Isha Ambani is also expected to make announcements on the company&rsquo;s expansion plans and further acquisitions.
&nbsp;

Moving ahead from the big 5G push from Jio, the Ambani family told RIL shareholders that soon FMCG will also be added to the Reliance pack as it gets set to take the foreign multinationals such as HUL, P&G and Nestle head-on in the consumer goods market."I am excited to announce that this year, we will launch our fast-moving consumer goods business. The objective of this business is to develop and deliver high quality, affordable products which solve every Indian's daily needs," Isha Ambani, director of Reliance Retail. As per reports the companies preparations for an all out invasion in the consumer goods space has been in the works for some quarters. During FY22, to strengthen its manpower, Reliance Retail added more than 150,000 new employees - taking the total headcount to 361,000.In FY2021-22 alone, the group acquired or invested in fashion brands like Abu Jani Sandeep Khosla, Abraham & Thakore, ak-ok, Rahul Mishra and women’s intimate wear brand Clovia.

RIL announces FMCG foray at AGM: What you need to know

Reliance to take on HUL, Nestle, P&G as Isha Ambani announces FMCG foray

I am excited to announce that this year, we will launch our fast-moving consumer goods business: Isha Ambani

Moving ahead from the big 5G push from Jio, the Ambani family told RIL shareholders that soon FMCG will also be added to the Reliance pack as it gets set to take the foreign multinationals such as HUL, P&amp;G and Nestle head-on in the consumer goods market. "I am excited to announce that this year, we will launch our fast-moving consumer goods <a href="https://www.editorji.com/business-news/byju-s-now-questioned-by-the-govt-where-are-your-audited-earnings-1661483473211">business</a>. The objective of this business is to develop and deliver high quality, affordable products which solve every Indian's daily needs," Isha Ambani, director of Reliance Retail.&nbsp; As per reports, the companies' preparations for an all-out invasion in the consumer goods space has been in the works for some quarters. During FY22, to strengthen its manpower, <a href="https://www.editorji.com/business-news/reliance-to-balenciaga-to-india-1659686187285">Reliance</a> Retail added more than 150,000 new employees - taking the total headcount to 361,000. In FY2021-22 alone, the group acquired or invested in fashion brands like Abu Jani Sandeep Khosla, Abraham &amp; Thakore, ak-ok, Rahul Mishra and women&rsquo;s intimate wear brand Clovia.
Read More:- <a href="https://www.editorji.com/business-news/explained-why-google-removed-over-2000-loan-apps-from-india-play-store-1661487880755">Explained: Why Google removed over 2000 loan apps from India Play Store</a> &nbsp;

Mukesh Ambani on Jio: Proud to say that there are 421 million subscribers of Jio broadband services. Jio 5G will be a game-changer, we can leap frog for the small retailers, MSMEs and give them the same digital transformation only enjoyed by a few right now. Jio 5G will be the world's most advanced version in the world. Aim to make India digital leader in 5G. Have committed Rs 2 lakh crore to 5G rollout. By Diwali Jio 5G will be launched in key cities across India. 

RIL 45th AGM: Ambani says Jio's 'true 5G' this Diwali, Meet Jio Air Fibre

Mukesh Ambani promises that Indians will get 'true 5G' this Diwali

RIL 45th AGM: Mukesh Ambani says Jio 5G this Diwali

By Dec&rsquo;23, we will deliver 5G to every town of India, said Mukesh Ambani

Addressing lakhs of shareholders at RIL's 45th Annual General Meeting (AGM) Mukesh Ambani kick started with the big push for Jio. Calling it the 'True 5G' on Jio and branding it Jio Air Fibre. Mukesh Ambani said io 5G will be a game-changer, we can leap frog for the small retailers, MSMEs and give them the same digital transformation only enjoyed by a few right now. Focussing on delivering solution, Ambani reiterated that <a href="https://www.editorji.com/business-news/5g-explained-why-are-adani-and-ambani-fighting-over-it-1658815044317">Jio 5G</a> will be the world's most advanced version in the world that&nbsp; aims to make India digital leader in 5G. Sharheolders were also told that the telecom leader has committed Rs 2 lakh crore to the 5G rollout. So when can you expect to connect to Jio 5G, well <a href="https://www.editorji.com/business-news/mukesh-ambani-takes-zero-salary-for-the-second-year-in-a-row-here-s-why-1659957170572">Mukesh Ambani</a> promised that it is will be a Diwali Dhamka as roll-out is expected for most cities by end October.&nbsp;
Read More:-<a href="https://www.editorji.com/business-news/another-air-scare-indigo-flight-incident-to-be-probed-by-dgca-1661144178296"> Another 'air scare': Indigo flight incident to be probed by DGCA</a> &nbsp;

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