It’s that time of the week, where we need to take a look at the latest business news. Once again, RIL is in the news. Reason?
It’s recently concluded 40th Annual General Meet. What all happened in it? Eager to know? Well, JustInReviews would like to tell you.industries
RIL a few days ago, held its 40th AGM for its investors at the Birla Matushri Sabhagar in Mumbai. At the occasion, Reliance reported the launch of its 4G smartphone.
The JioPhone would be offered for nothing! Free! However, purchasers should keep a deposit of Rs 1500 with them, which will be refundable following three years time period. This implies the phone will be available at a resulting cost of zero.
Can this be termed as one amongst the best business ideas from Reliance? Only time will tell !
He utilized the event to present his twin kids, Akash and Isha, who presented the features of the phone.
Other highlights of the occasion include:
Mukesh Ambani announced the bonuses for the investors.
In the following 12 months, Jio services will be covering 99% of our nation’s populace: This is what Mukesh Ambani stated during the meet.
Jio is all set to extend its physical network to 10,000 for selling Jio services.
It was announced during the meet that the Jio feature phone would support all of 22 languages in the country.
Kokilaben Ambani is not able to control her tears as Mukesh Ambani pays tribute to father Dhirubhai Ambani at 40th AGM of Reliance.
It was told that the adoption of Jio was faster than even the likes of Facebook, WhatsApp etc.
JioPhone launch date has been set for August 15, i.e. next month. However, as a beta test; public accessibility will be from September. Pre-booking begins on August 24, and deliveries will be on first come, first serve premise. Buyers can book the telephone from Jio stores and through the MyJio application. The handset will be produced in India beginning the last quarter of this year.