Reliance Industries bets big on AI, green energy but no word on IPO timeline for Jio, retail business

The 47th Reliance Industries AGM, since its IPO, was perhaps the most anticipated event this week. While the market was expecting some kind of announcement and indication with respect to IPO timelines for Jio and retail business, RIL Chairman and Managing Director did not refer to it in his hour-long address. What he did mention was the growth timeline and said he expects revenue for both verticals to double over next 3-4 years.

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