RIL CMD Mukesh Ambani confirmed that search engine giant Google will invest Rs 33,733 crore for 7.7% stake in Jio Platforms

Here are all key announcements by RIL CMD Mukesh Ambani:

RIL AGM 2020 Live Updates: At Reliance’s Annual General Meet 2020 the company announced Google will invest Rs 33,737 cr for a 7.7% stake in Jio Platforms. In addition, Jio also revealed that the company is developing Jio TV Plus, Jio Glass, and more. The company also announced details on JioMart and Jio 5G solution.

Ambani said, “Jio has developed a complete 5G solution from scratch that will enable us to launch a world-class 5G service in India.” The telecom operator promises 100 percent home developed 5G. Trials to start soon and will be ready for field deployment by next year. Ambani also announced that Google and Jio are partnering to build an Android based smartphone operating system.