Reliance Foundation has pitched Mashelkar's name to the government committee as the Chancellor of the Jio Institute. The names of Dipak C Jain has been proposed as the Vice-Chancellor of the Institute.

Ruchit Jain, Technical Analyst, Angel Broking, takes viewers through all the market action today. While the Sensex ended 6 points lower to 36,541 level, the Nifty fell just 4 points to 11,018 level. Reliance Industries, Infosys and Bajaj Auto were the top Sensex gainers.

As RIL stock surged to a record high of Rs 1,101 after touching an all-time high of 1,106.65 during the day on Friday, the net worth of Mukesh Ambani -- who holds 44.5 per cent stake in the company -- also jumped to $44.3 billion.

While the Sensex closed 6 points lower to 36,541 level, the Nifty fell just 4 points to 11,018 level. The Sensex gained 282.48 points on Thursday and closed at a record high of 36,283.25 after crude oil prices posted their biggest one-day drop in two years and robust start of the earnings season.

The RIL stock surged past the 1,100 mark to hit an all time high of 1107.25 level, taking the market capitalisation of Mukesh Ambani-owned conglomerate to Rs 7,01,404 crore (over $102 billion) on BSE.

The Sensex hit a fresh life-time high of 36,740 in trade today compared to 36,699 level which the index touched in intra day trade yesterday. The Nifty was trading nearly 100 points lower from its all time high of 11,171 level reached on January 29, 2018.

A day after entering the $100 billion m-cap club, RIL stock continued its rally on Friday to breach the 7 lakh crore market valuation.

The Nifty ended above 11, 000 level for the first time since February 1 and is now 2% away from record highs. Sensex hit all-time high of 36,699 intra day after opening at 36,424 level.

The Reliance Industries stock rose to its intra day high of 1091 level, a rise of 5.27% from previous close. Its market capitalisation rose to Rs 6,88,766 crore  on the BSE.

At 9:58 am, the Sensex was trading 258 points higher at 36,523 level with Nifty rising 75 points to 11,023 level. On January 29, Sensex and Nifty reached all time high levels of 36,443 and 11,171 levels, respectively on expectations from Union Budget and optimism over Q3 earnings.

The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating robust investor optimism after a prolonged lacklustre spell.

The market capitalisation of India's second-largest firm in terms of M-cap rose to Rs 6,49,956 crore.  The stock rose amid reports that brokerage Credit Suisse has initiated coverage and gave a target price of Rs 1,180 assigning 'outperform' rating for the share of Mukesh Ambani-owned conglomerate.

Ambani, 61, has been on the board of Reliance Industries Ltd (RIL) since 1977 and was elevated as Chairman of the company after the death of his father and group patriarch Dhirubhai Ambani in July 2002.

The Reliance Foundation, which supports over 30 children and old age homes across Mumbai, provides essential supplies, including food and daily consumables to over 3,500 needy people in the city.

\"As Reliance transitions to become a technology platform company, we see our biggest growth opportunity in creating a hybrid, online-to-offline new commerce platform,\" Ambani said at the RIL AGM.

Mukesh Ambani said at the oil-to-telecom giant's 41st annual general meeting that the company will begin registrations for its fibre-to-home service JioGigaFiber from August 15.

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.

Mukesh Ambani's speech lacked usual big project announcements and investment plans. He can't be blamed for it as the company is concluding its Rs 4-lakh crore capital expenditure cycle, which includes Rs 2.5-lakh crore for creating digital business and Rs 1.5-lakh crore for petrochemical and refining projects.

The world's largest producer of polyester fibre is now aiming to connect 50 million homes with its high-speed optic fiber network.

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