GMR Infra: No proposal on Indonesia mine sale considered yet. Constantly evaluating options for long term value (Agencies)
*Key takes from RIL AGM*
1. Reliance added nearly 75,000 new jobs in the past year. RIL continues to be India's largest merchandise exporter and remains the country's highest payer of customs and excise duty in the private sector.
2.Yasir Al-Rumayyan, Chairman of Saudi Aramco and the Governor of the Public Investment Fund, to join the Board of Reliance Industries Limited as an Independent Director
3.Dhirubhai Ambani Green Energy Giga Complex on 5,000 acres in Jamnagar. It will be amongst the largest such integrated renewable energy manufacturing facilities in the world. - RIL to invest Rs 75,000 crore in new energy business in three years
4.Google/Reliance: Jio has developed the JioPhone Next, JIO will use Google Cloud's cutting-edge technologies to power JIO's 5G Solutions and for powering the internal needs of key Reliance growth businesses like Reliance Retail, JioMart, JioSaavn and JioHealth.
5.Facebook: We have launched an initial set of integrations between WhatsApp and JioMart on a trial basis and the response from WhatsApp and JioMart customers is encouraging along with lots of valuable feedback. Our joint teams are actively developing the full New Commerce solution linking merchants and consumers, and we plan to progressively launch these over the next few quarters.
6. Microsoft: We have operationalized an initial 10 MW capacity of JIO-AZURE Cloud Data centres in two cities, Jamnagar and Nagpur. We are currently onboarding the initial group of pilot customers and we plan to expand our data centre capacity and our offerings to a growing number of SMEs and start-ups over the coming quarters.
7. Reliance Retail: 1,500 new stores, which is amongst the largest retail expansion undertaken by any retailer during this period
8. Reliance supply chain to Invest in building state-of-the-art supply chain infrastructure across India by linking all major sourcing and consumption locations
9. Jio Institute To Commence Academic Sessions In 2021 Chairperson and Founder of the Reliance Foundation Nita Ambani
1. Reliance added nearly 75,000 new jobs in the past year. RIL continues to be India's largest merchandise exporter and remains the country's highest payer of customs and excise duty in the private sector.
2.Yasir Al-Rumayyan, Chairman of Saudi Aramco and the Governor of the Public Investment Fund, to join the Board of Reliance Industries Limited as an Independent Director
3.Dhirubhai Ambani Green Energy Giga Complex on 5,000 acres in Jamnagar. It will be amongst the largest such integrated renewable energy manufacturing facilities in the world. - RIL to invest Rs 75,000 crore in new energy business in three years
4.Google/Reliance: Jio has developed the JioPhone Next, JIO will use Google Cloud's cutting-edge technologies to power JIO's 5G Solutions and for powering the internal needs of key Reliance growth businesses like Reliance Retail, JioMart, JioSaavn and JioHealth.
5.Facebook: We have launched an initial set of integrations between WhatsApp and JioMart on a trial basis and the response from WhatsApp and JioMart customers is encouraging along with lots of valuable feedback. Our joint teams are actively developing the full New Commerce solution linking merchants and consumers, and we plan to progressively launch these over the next few quarters.
6. Microsoft: We have operationalized an initial 10 MW capacity of JIO-AZURE Cloud Data centres in two cities, Jamnagar and Nagpur. We are currently onboarding the initial group of pilot customers and we plan to expand our data centre capacity and our offerings to a growing number of SMEs and start-ups over the coming quarters.
7. Reliance Retail: 1,500 new stores, which is amongst the largest retail expansion undertaken by any retailer during this period
8. Reliance supply chain to Invest in building state-of-the-art supply chain infrastructure across India by linking all major sourcing and consumption locations
9. Jio Institute To Commence Academic Sessions In 2021 Chairperson and Founder of the Reliance Foundation Nita Ambani
*RELIANCE:* Rs 220.88 crs NSE Block Trade for ~1009948 shares at Rs 2187
_*BIG BLOCK ALERT*_
_*BIG BLOCK ALERT*_
Seminar on Changing Role of CFO’s.
Please have a look / comment.
Please let me know if you wish to attend. Will share link and password.
https://www.linkedin.com/posts/pareshsheth_changingroleofcfo-casinewyorkknowledgeseries-activity-6813383757786034176-CPzK
Please have a look / comment.
Please let me know if you wish to attend. Will share link and password.
https://www.linkedin.com/posts/pareshsheth_changingroleofcfo-casinewyorkknowledgeseries-activity-6813383757786034176-CPzK
Linkedin
Paresh Sheth on LinkedIn: #changingroleofCFO #casinewyorkknowledgeseries #casiglobal
CASI Knowledge Series, Season III
#changingroleofCFO
#casinewyorkknowledgeseries #casiglobal #podcasts #casinewyork #casi #csrdiary #podcast #leadership...
#changingroleofCFO
#casinewyorkknowledgeseries #casiglobal #podcasts #casinewyork #casi #csrdiary #podcast #leadership...
Has China shifted from exporting deflation to exporting inflation instead?
https://www.moneycontrol.com/news/opinion/has-china-shifted-from-exporting-deflation-to-exporting-inflation-instead-7080391.html
Download moneycontrol app: http://m.moneycontrol.com/mom
https://www.moneycontrol.com/news/opinion/has-china-shifted-from-exporting-deflation-to-exporting-inflation-instead-7080391.html
Download moneycontrol app: http://m.moneycontrol.com/mom
Moneycontrol
Has China shifted from exporting deflation to exporting inflation instead?
The US import price index for shipments from China has risen sharply in the past few months
*Reliance Retail*
1500 new stores added
Total stores - 12711
1 in every 8 Indians shops with Reliance
Apparel unit sold - 5 lakh products per day = 18 crore units = dressing UK, Spain and Germany once
*AJIO*
2000 labels & brands
25% of apparel business
4.5 crore electronic units = 120000 units per day
1 billion units sold in grocery - 30 lakh sold per day
*Jio Mart*
6.5 lakh orders per day - record
3 lakh partners across 150 cities
*Customer Apka Support Hamara*
To on board 1 crore partners in next 3 years
Added 65000 new jobs
Currently employs 2 lakh
Aim to employ 10 lakh in coming years
Netmeds, Urban ladder and Zeba
To become one among top 10 retailers of globe
1500 new stores added
Total stores - 12711
1 in every 8 Indians shops with Reliance
Apparel unit sold - 5 lakh products per day = 18 crore units = dressing UK, Spain and Germany once
*AJIO*
2000 labels & brands
25% of apparel business
4.5 crore electronic units = 120000 units per day
1 billion units sold in grocery - 30 lakh sold per day
*Jio Mart*
6.5 lakh orders per day - record
3 lakh partners across 150 cities
*Customer Apka Support Hamara*
To on board 1 crore partners in next 3 years
Added 65000 new jobs
Currently employs 2 lakh
Aim to employ 10 lakh in coming years
Netmeds, Urban ladder and Zeba
To become one among top 10 retailers of globe
RELIANCE INDUSTRIES: CO CHAIRMAN AMBANI SAYS ARAMCO TO INVEST IN RELIANCE O2C BUSINESS