India now has two $100-billion companies as Reliance shares surge

Mukesh Ambani-led Reliance Industries Limited crossed the $100-billion market cap mark on Thursday, joining Tata Consultancy Services as the only two $100-billion companies in India. Reliance achieved the milestone for the first time in more than 10 years. With this surge, India's richest man Mukesh Ambani's net worth also rose to $42 billion, according to Bloomberg.