(Bloomberg) — Mukesh Ambani’s slew of announcements at the annual shareholder meeting of his flagship company Reliance Industries Ltd. failed to meet investor expectations, that are running high, according to analysts’ reviews.Among positives, the chairman of Reliance named Alphabet Inc.’s Google as the latest investor in Jio Platforms, promised a rollout of its own 5G solutions, and said he plans to induct investors into the Indian firm’s retail and oil to chemicals businesses. Still, a delay in a $15 billion deal with Saudi Aramco and a dampening in the optimism that prevailed before the AGM saw the stock price fall …read more
Source:: Yahoo Finance
