RIL 45th AGM Live: Ambani announces Giga factory for power electronics

Billionaire Mukesh Ambani's Reliance Industries (RIL) holds 45th Annual General Meeting (AGM) via video conferencing today at 2 pm on Monday, August 29. The AGM saw some key announcements, from the rollout of Jio 5G services in metro cities by Diwali, to the company's foray into the manufacturing of electric batteries. It was also announced that Reliance Industries will invest Rs 75,000 crore in the oil-to-chemical business over 5 years while the company will launch FMCG business this year. 

India on Monday recorded 7,591 cases of Covid, the lowest in 76 days, taking the nation's tally of coronavirus to 44,415,723. The death toll from the Covid-19 pandemic reached 527,799 after 45 new fatalities were reported, including 15 reconciled by Kerala. India's tally of cured Covid cases reached 43,802,993 after 9,206 people recovered from the disease in the last 24 hours.
 

At least four people were killed and two people were injured on Sunday morning (local time) after a man set fire to a building and then shot at people fleeing in Houston, according to city Police chief Troy Finner. Among the four killed was the suspect, said the police chief, CNN reported. The suspect was later killed by a Houston police officer. 

The Congress party on Sunday announced that the election for its president would be held on October 17, asserting that it is the only party in the country which follows such a democratic exercise. The result will be declared on October 19. If only one candidate is left in the fray after the withdrawal of nominations, the winner will be declared on October 8 itself, the party's Central Election Authority chairman Madhusudan Mistry said after a meeting of the Congress Working Committee (CWC).