At 10:42 am, the stock was trading at 1,300 level, up 0.66% on the BSE. Its market capitalisation rose to Rs 8,23,419 crore on BSE.

The Sensex heavyweight rose to a fresh record high of 1296 level, rising 1.40% compared to its previous close of 1278.05 level.  At 12:36 pm, the stock was trading 1.15% or 15 points higher at 1292 level on the BSE.  Its market capitalisation rose to Rs 8,19,458.12 crore.

At Reliance Industries' 41st AGM meeting today, RIL Chairman Mukesh Ambani announced the launch of wired broadband service JioGigaFiber. Ambani also unveiled JioPhone 2, which is an updated variant of JioPhone. Watch BusinessToday.In's video for all the highlights of Reliance Industries AGM 2018.

The biggest announcement at Reliance Industries' 41st AGM meeting today was the launch of its fixed line broadband service, JioGigaFiber.

After disrupting the telecom sector with Reliance Jio's cheap mobile data tariffs, the Mukesh Ambani-led retail-to-refining conglomerate is looking to expand its JioFiber boradband business.

VK Sharma, Head Private Client Group & Capital Market Strategy at HDFC Securities said,\" Reliance saw profit booking as the company unveiled its foray into the broad band services known as 'Jio Giga Fiber'.  This is a smart move by the company in a sector that has not seen keen penetration. The stock had risen 6% in the run up to the AGM, so a correction was not out of place.\"

After upending the mobile tariffs in the country, Reliance Jio is betting big on its optic fiber business.

Reliance Jio, billionaire Mukesh Ambani's telecom venture, may soon get another Rs 60,000 crore to beef up its war chest as it plans to launch its broadband services.

The plan has been launched specifically for the subscribers of fiber-to-home service. The Airtel subscribers opting for the plan will also be able to enjoy the benefits of Airtel's OTT apps like Wynk Music and Airtel TV.

For Mumbai, customers can also avail the data plans of Rs 699 and Rs 849, and get 500GB and 700GB additional data till October 31, respectively. For Chennai customers, the 1000GB offer is applicable on Rs 1299 and Rs 1999 only.

The service has been under testing since more than a year in various Indian cities. However, a new report now suggests that this broadband service will begin as early as next month.

Bharti Airtel has revised one of their best-selling packs. With the new changes, the leader in the telecom industry plans to compete with Reliance Jio's aggressive pricing.

The auction process will go on according to the schedule and can be stopped only if Subrata Roy deposits Rs 1,500 crore into the SEBI-Sahara refund account by September 7.

A decline in the value of transactions via NEFT to Rs 12,115.1 billion from Rs 12,694.2 billion in June 2017 led the fall in July.

The divident paid by RBI to government stands at less than half in comparison to the previous year's levels as a ban on higher currency bills raised the central bank's expenses.

Sarahah app allows its users to send anonymous messages to other users who can be found using a link or through email address.

The apex court granted four weeks time to the Centre to ensure that there are functional PUC centres in NCR to ensure that vehicles plying have PUC certificate.

The tribunal has also directed the Delhi government to seize the entire stock of plastic within one week from today.

Baahubali 2 had broken most records at the box office, becoming the first Indian film to cross Rs 1,000 crore.

Reliance Jio is planning to launch the JioFiber as a Diwali gift. The company is launching the high-speed broadband service during the festive season.