Reliance Industries market value hits $125 billion

The market capitalisation of India's most valuable company Reliance Industries touched ₹8.71 lakh crore ($126 billion) on Tuesday after the oil-to-telecom conglomerate's shares hit a record high. The Mukesh Ambani-led company has seen its share price rise 54% in the past one year. India's second-most valuable company Tata Consultancy Services is worth ₹7.6 lakh crore ($110 billion).