Mukesh Ambani-led Reliance Industries ruled higher today ahead of the 41st Annual General Meeting (AGM) of shareholders of the company. However, it erased entire gains after the AGM signalled that RIL plans to offer competitive fixed line broadband to homes. The AGM kicked off around 11 am at Birla Matushri Sabhagar in Mumbai. The scrip was 0.93 per cent down at Rs 980.80 around 1:20 pm.
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