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...

OpenAI's Chief Technology Officer, Mira Murati, has announced her resignation, citing a desire for personal exploration. She previously served as interim CEO during a period of turmoil at the...

SBI Mutual Fund has increased its stake in KPR Mill to 7.74% by buying 2.85% shares for over Rs 900 crore. The deal follows a similar investment in Nuvoco Vistas Corporation last week.

India's mobile phone manufacturing under the PLI scheme has exceeded targets, with production reaching Rs 6.61 lakh crore and investment at Rs 9,100 crore. Exports have also seen a significant...

The EU confirms its deforestation regulation will be enforced despite opposition from major agricultural exporters like Brazil, India, and the US. Learn about the impact on global trade and key...

Hartek Group secures a 765 KV power systems project from Power Grid, adding to its existing 300 MW energy project.

OpenAI's Chief Technology Officer, Mira Murati, has announced her resignation, citing a desire for personal exploration. She previously served as interim CEO during a period of turmoil at the...

The IMF has approved a $7 billion bailout package for Pakistan, with the first tranche of $1.1 billion expected this month. The bailout comes as the country faces an economic crisis.

Bollywood producer Vashu Bhagnani has filed a police complaint against Netflix India, alleging Rs 47.37 crore fraud over film rights. The EOW has begun an investigation.

The Bombay High Court has struck down the Union government's decision allowing post-facto CRZ clearance for projects violating coastal regulations, deeming it illegal.

SBI Mutual Fund has increased its stake in KPR Mill to 7.74% by buying 2.85% shares for over Rs 900 crore. The deal follows a similar investment in Nuvoco Vistas Corporation last week.