Reliance Industries to consider first rights issue in three decades

The discussions come after Facebook revealed plans to spend $5.7 billion to buy a 9.99% stake in Reliance’s digital arm

Pandemic impact: Mukesh Ambani's net worth drops 28 pc to USD 48 billion in 2 months

The Indian market has corrected by 25 per cent in the last two months as the economic costs and impact of the COVID-19

The White House has yet to enforce secondary sanctions announced in August aimed at non-US companies buying Venezuelan oil.

Company will seek to work with India’s highway authority to potentially supply a plastics-infused mix to make roads.

The company had previously said it would sign a definitive agreement with Aramco by March 2020.

Similarly, the broader NSE Nifty closed just below the crucial 12,000-mark, advancing 59 points, or 0.49 per cent, to end at 11,999.10.

RIL became the first Indian firm to hit the Rs 9 lakh crore market valuation mark in intra-day trade.

The scrip has climbed 34 per cent year-to-date, outperforming the Sensex, which grew 12 per cent during the period.

The Sensex ended 185 points higher at 40469, while the Nifty settled 0.5 per cent higher at 11940.

The company's market valuation rose by Rs 32,525.22 crore to Rs 9,57,086.22 crore on the BSE.