News Overview

Sheetal Agarwal of IIFL in conversation with management of the IPO-bound company. Edited Excerpts:

Investors can place a bid for up to 65 shares in a single lot at the IPO, which is priced between Rs 218 and Rs 230 per share.

For the quarter that concluded in December, Polycab India recorded double-digit growth in both revenue and profit.

The company reported in an exchange filing that during the October through December quarter of the previous fiscal year, 2022–2023—it had recorded a net profit of Rs 2,156 crore.

The market breadth was positive, with 2,183 shares advancing, 1,043 declining, and 62 remaining unchanged.

Board Approves HUL's Acquisition for Renewable Power Investment in Transition Sustainable Energy Services One

Following today's increase, IRFC's market capitalization now stands at Rs 2.1 lakh crore, having crossed the Rs 2 lakh crore threshold.

The notices warn of arrest, asset attachment, and bank account freezing if payment is not made within 15 days

The total fine imposed on IndiGo amounts to Rs 1.2 crore, prompting a focus on reinforcing standard operating procedures to prevent such incidents in the future

According to reports, the Japanese conglomerate is also considering cancelling the purchase.