Polycab India reported a marginal decline in net profit to Rs 401.62 crore in Q1 FY25, impacted by higher expenses. Revenue rose to Rs 4,698 crore.

Polycab India reported a 15.35% rise in net profit to Rs 412.85 crore for the third quarter ended December 2023. Revenue also grew 16.83% YoY.

Polycab India's net profit surged 15.35% to Rs 416.51 crore in the December quarter, driven by strong volume growth in wires and cables. Revenue also increased 16.83% to Rs 4,340.47 crore.

Capital Group, a financial services company, sold shares of Polycab India for Rs 337 crore through an open market transaction. The shares were offloaded at an average price of Rs 3,955.87 apiece.

Polycab India shares tumbled 21% on Thursday, eroding Rs 15,485.96 crore from its market valuation, following tax evasion allegations. The Income Tax department detected unaccounted cash sales...

India and Seychelles are exploring stronger business ties with opportunities for Indian businesses and focus on Commonwealth Trade collaboration. The Trade Commissioner discusses potential and...

Chevron to establish an Engineering and Innovation Centre of Excellence in Bengaluru, investing Rs 8,300 crore and creating 600 jobs by 2025.

India's government has significantly reduced drawback rates on gold and silver jewellery exports following a cut in import duties. Learn about the impact on the gems and jewellery industry.

MPCB alleges Mercedes-Benz India's Pune plant is not complying with environmental standards, leading to a review and forfeiture of a bank guarantee. The company claims to be ready to cooperate with...

The Central government has ordered an insurance firm to pay Rs 225 crore to 2 lakh farmers in Maharashtra's Parbhani district within a week for pending soyabean crop insurance claims.

India and Seychelles are exploring stronger business ties with opportunities for Indian businesses and focus on Commonwealth Trade collaboration. The Trade Commissioner discusses potential and...

Brazilian Foreign Minister Mauro Vieira will visit India to strengthen bilateral ties and discuss the G20 summit in Rio de Janeiro. The visit will include the ninth India-Brazil joint commission...

India's Union Cabinet approves a 50% assured pension for government employees under NPS, making the scheme more attractive. The Unified Pension Scheme (UPS) will be applicable from April 1, 2025.

Funskool India, backed by MRF Group, has secured rights from Asmodee to distribute the popular board game CATAN in India. The game will be made in India and will be available for purchase at Rs 3,499.

Jeyyam Global Foods, a leading supplier of Bengal gram and fried gram, is launching an IPO on September 2 to raise Rs 80-82 crore for expansion plans.