News Overview

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.

The funds are to be held in an escrow account between the State Bank of India and JKC.

According to an official statement, the decision was made during a meeting of the Cabinet Committee.