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...

Signature Global reports a consolidated net profit of Rs 4.15 crore in Q2 FY24, a significant improvement from the previous year. Revenue surged to Rs 777.42 crore, driven by strong demand in the...

The Indian government launches a Rs 500 crore scheme to strengthen the medical device industry, focusing on manufacturing, skill development, and industry promotion. This initiative aims to make...

Premji Invest, a private equity firm, has bought a 1.6% stake in Wipro for Rs 4,757 crore through an open market transaction. The deal was executed via a block deal on the NSE.

Tata Motors's CFO calls for government incentives to boost electric vehicle adoption in the fleet segment, highlighting the impact of subsidy withdrawal on sales.

The Reserve Bank of India (RBI) has imposed a penalty of Rs 59.20 lakh on South Indian Bank for non-compliance with directions on interest rates and customer service.

Signature Global reports a consolidated net profit of Rs 4.15 crore in Q2 FY24, a significant improvement from the previous year. Revenue surged to Rs 777.42 crore, driven by strong demand in the...

The Indian government launches a Rs 500 crore scheme to strengthen the medical device industry, focusing on manufacturing, skill development, and industry promotion. This initiative aims to make...

NICDC and UP State Industrial Development Authority collaborate to develop integrated manufacturing clusters in Agra and Prayagraj, boosting industrial growth and employment opportunities.

Premji Invest, a private equity firm, has bought a 1.6% stake in Wipro for Rs 4,757 crore through an open market transaction. The deal was executed via a block deal on the NSE.

Tata Motors's CFO calls for government incentives to boost electric vehicle adoption in the fleet segment, highlighting the impact of subsidy withdrawal on sales.