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...

Private equity and venture capital investments in India rose 8% to USD 31.5 billion in the first half of 2024, driven by a surge in deal volume and large transactions, according to a report by IVCA...

An IndiGo flight from Abu Dhabi to Delhi was diverted to Muscat on Monday due to a technical issue. The airline is providing hotel accommodation and alternative arrangements for passengers.

Small Industries Development Bank of India (Sidbi) receives USD 215.6 million loan from Green Climate Fund for implementing climate-resilient projects in Indian MSMEs.

Jana Small Finance Bank reported an 89% jump in Q1 net profit to Rs 171 crore, driven by strong loan growth and stable margins. Gross NPA ratio rose to 2.62% from 2.11% in the previous quarter.

The Economic Survey of India 2023-24 forecasts a conservative 6.5-7% growth, citing global uncertainties. Experts weigh in on budget expectations for key sectors like agriculture, infrastructure...

Private equity and venture capital investments in India rose 8% to USD 31.5 billion in the first half of 2024, driven by a surge in deal volume and large transactions, according to a report by IVCA...

Integra Essentia's net profit rose to Rs 2.45 crore in the June quarter, driven by increased revenue. The company's total income reached Rs 88.09 crore.

An IndiGo flight from Abu Dhabi to Delhi was diverted to Muscat on Monday due to a technical issue. The airline is providing hotel accommodation and alternative arrangements for passengers.

Small Industries Development Bank of India (Sidbi) receives USD 215.6 million loan from Green Climate Fund for implementing climate-resilient projects in Indian MSMEs.

Confederation of Indian Industry National MSME Council Co-Chairman calls for active government support in digitizing MSMEs and expanding market access.