The m-cap of SBI jumped Rs 11,334.26 crore to Rs 3,05,087.85 crore, becoming the top gainer among the ten most valuable companies.
According to the Forbes 'The Real-Time Billionaires List', RIL Chairman's 'Real Time Net Worth' stood at USD 60.8 billion on Thursday.
Earlier, reports had stated that Bennett Coleman & Co, the publisher of the Times of India, is looking to hire advisers for due diligence on the news properties of Ambani's Network18 Media.
The oil-to-telecom conglomerate's market capitalisation (m-cap) zoomed to Rs 10.02 lakh crore during morning trade on the BSE.
Bharti Airtel, Reliance Industries and three others are likely to bid for the assets of debt-ridden Reliance Communications on Monday.
Airtel, Reliance Industries, three others may submit bids for Reliance Communications assets on Monday
'All the bidders will be submitting separate bids for RCom, RTL, and RTIL. There will be a minimum nine bids from four bidders,' another source said.
In August 2018, RIL became the first domestic firm to cross the Rs 8 lakh crore mark in terms of market valuation.
the broader Nifty reclaimed the 12,000 mark. It was quoting at 87.25 points, or 0.73 per cent, up at 12,027.35.
Following this, the company's market valuation rose by Rs 32,525.22 crore to Rs 9,57,086.22 crore on the BSE.
'This is a straightforward debt claim to recover outstanding loans made to RCOM in good faith, and secured by a personal guarantee given by Anil Ambani,' the banks said in a statement.
The probe is being carried out under the India-Korea Comprehensive Economic Partnership Agreement, which is kind of a free trade pact.
Reliance and its partner BP plc of UK are in the market to sell the gas they plan to produce from three set of newer discoveries in the KG-D6 block.
They have requested for initiation of an anti-subsidy investigation for levy of countervailing duties on the imports, originating in or exported from South Korea.
Reliance Industries MD Mukesh Ambani has said that consolidation of liabilities in the company creates an efficient structure to manage debt and cash.
The unit will also acquire RIL's equity investment of Rs 65,000 crore in Jio so far, making it virtually net debt-free by March 31, 2020, with the exception of spectrum-related liabilities.