*5 big takeaways from RIL AGM Today*
Reliance puts a firm succession plan in place:
RIL Board recommends appointment of Isha Ambani, Akash Ambani and Anant Ambani on the Board of Directors
Nita Ambani to step down from the Board
JIO AirFiber to launch on 15th September
AirFiber is an ultra high speed 5G hot spot device to deliver fiber like 5G speed at home or office without any wires
reliance retail to be the fastest growing business in revenues and ebitda
Global and strategic investors have shown interest in the retail business
Reliance retail is one of the largest employers in the country with 2.5 lakh employees on roll
Jio financial services to enter insurance sector with global partners , to launch life, general and health insurance products
reliance goes big on clean energy, to set up a battery GIGA factory by 2026 , targets 100 GW of renewable energy capacity by 2030
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