RIL chairman Mukesh Ambani on August 29 announced the 5G standolone services in India. At the annual general meeting, Ambani announced the 5G services will be rolled out in select metro cities by Diwali.

Jio will deploy the latest version of 5G called standalone 5G. It will invest ₹2 lakh crore on 5G infrastructure. Besides Metaverse, AGM was live on different social media platforms apart from their homegrown HD video conferencing application JioMeet. It is probably the first company globally to conduct its annual general meeting on a virtual reality platform and various social media platform.

Reliance Retail will launch its FMCG business this year, Reliance Retail Ventures Ltd Director Isha Ambani said . The objective of this business will be to develop and deliver products and solve every Indian’s daily needs, with high quality products at affordable pricing, she said while addressing Reliance Industries’ annual general meeting. “This year, we will launch our FMCG goods business,” she said.

Akash Ambani, chairman of Reliance Jio, announced the launch of JioAirfiber, a wifi hotspot that will allow consumers to access fiber-like speeds at homes and offices. He said with the 5G services being rolled out in India, the current 800 million connected internet devices will double to 1.5 billion connected internet devices in just a year.

Reliance Jio, the nation’s largest telecom operator, has partnered with Qualcomm to develop 5G solutions for India, Mukesh Ambani said on Monday. Speaking at Reliance Industries’ 45th AGM, he said the firm is partnering with Google to develop ultra-affordable 5G smartphones and Google Cloud. It has now forged a collaboration with Qualcomm to develop a 5G solution for India, which can be taken to the rest of the world, he said.

Meta CEO Mark Zuckerberg in a Facebook post said “Excited to launch our partnership with JioMart in India. This is our first-ever end-to-end shopping experience on WhatsApp — people can now buy groceries from JioMart right in a chat. Business messaging is an area with real momentum and chat-based experiences like this will be the go-to way people and businesses communicate in the years to come.”