$15 Billion Oil Deal, Google-Jio Phone: Mukesh Ambani's Agenda Today

India's most valuable company may also apprise investors of developments including its 5G rollout plan, possible listing of its digital unit and a cheaper smartphone being developed with Google.

Financial markets will be looking for cues on the fate of Reliance Industries Ltd.'s planned $15 billion deal with Saudi Arabian Oil Co., or Aramco, when Chairman Mukesh Ambani takes the stage to address shareholders Thursday. India's most valuable company may also apprise investors of developments including its 5G rollout plan, possible listing of its digital unit and a cheaper smartphone being developed with Google. There's also interest among investors to know about his succession road map, including the role his three children will play at the helm of the conglomerate in the future. For the second year in a row, the annual event will be held virtually as the country faces the world's fastest-growing Covid-19 outbreak and local authorities retain curbs on mass congregations.