Reliance AGM- Announcement of giving 100GB free storage to Jio users: Launching on Diwali, Jio becomes the world’s largest mobile data company

Reliance Industries Limited (RIL) today announced Jio AI Cloud Welcome Offer in its 47th Annual General Meeting i.e. Thursday (29 August). Company Chairman Mukesh Ambani said that Jio users will get up to 100 GB of free cloud storage. Photos, videos, documents and other digital content can be stored in cloud storage. This offer will be launched on Diwali. Along with this, Ambani said that Reliance will consider giving bonus shares in 1:1 ratio on September 5. Ambani said – Jio has become the world’s largest mobile data company in eight years. Each Jio user consumes 30 GB of data per month. Its price is one-fourth of the world average. He congratulated Prime Minister Narendra Modi for the victory in the Lok Sabha elections. Important points related to Annual General Meeting: Reliance stock rose by 1.55% on the day of AGM
On the day of AGM, Reliance stock closed at Rs 3,042.90 with a rise of 1.55%. Reliance shares have given a return of 25.72% in one year. At the same time, the stock has risen only 4.15% in 6 months. At the same time, its stock has gained only 0.09% in one month. Profit of Rs 15,138 crore in the first quarter of FY 2024-25
A month ago, Reliance Industries released the results for the April-June quarter. The company has made a profit of Rs 15,138 crore in this quarter. There has been a 5.45% decrease in profit on an annual basis. The profit in the same quarter a year ago was Rs 16,011 crore. At the same time, the company’s income (revenue) in the April-June quarter was Rs 2,36,217 crore. In the same quarter a year ago, the company had generated a revenue of Rs 2,10,831 crore. That is, an increase of 12.04% has been registered on an annual basis. 1. Reliance Jio: Became the world’s largest telecom operator in terms of data usage 2. Reliance Retail: Opened 331 new stores in the first quarter, total number of stores became 18,918 Reliance is the largest private sector company in India
Reliance is the largest private sector company in India. It currently operates in the sectors of hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewable energy, digital services and retail.