Reliance AGM 2021: JioPhone Next, Aramco Deal & Other Key Announcements By Mukesh Ambani

Reliance Chairman Mukesh Ambani made major announcements during the 44th Annual General Meeting (AGM). These include Saudi Aramco Chairman Yasir Al-Rumayyan joining RIL's board, Google-Jio smartphone JioPhone Next, & Google Cloud joining hands with Reliance Jio for its 5G initiative. Yasir Al-Rumayyan Chairman of Saudi Aramco and Governor PIF joins Reliance board as an independent director, while YP Trivedi retires from Reliance board. Google Cloud and Jio announce 5G partnership, laying foundation for India's digitization. Jio will use Google Cloud's technology to power Jio's 5G solutions. Google and Jio announce the JioPhone Next; a fully featured android smartphone. JioPhone Next will be available from 10th September this year. JioPhone Next is an ultra-affordable smartphone, says Ambani. RIL launches new energy business and creates Dhirubhai Ambani Green Energy Giga Complex. Overall initial investment in new energy business will be Rs 75,000 crore. Reliance Retail has not only protected jobs, but also created over 65,000 new jobs, says Ambani.