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Pidilite Ind reports 96% YoY jump in Q4 PAT

Read more about Pidilite Ind reports 96% YoY jump in Q4 PAT on Business Standard. Pidilite Industries posted a 96.4% jump in consolidated net profit to Rs 307.44 crore on 44.7% jump in net sales to Rs 2235.52 crore in Q4 FY21 over Q4 FY20.

Telecom stocks in action after TRAI releases January data

The Telecom Regulatory Authority of India (TRAI) released the telecom subscription data for January 2021 on Wednesday, 17 March 2021. Bharti Airtel (down 1.23%) added 58.92 lakh new subscribers in the month of January 2021 and its total subscriber based stood at 34.46 crore. Bharti Airtel had pipped Reliance Jio in new mobile subscriber addition in September 2020, according to data published by telecom regulator TRAI. Reliance Jio added 19.56 lakh new subscribers in the month of January 2021. Jio s total subscriber base stands at 41.07 crore as of January 2021. Reliance Industries (RIL), which controls Reliance Jio, was down 2.07%. Vodafone Idea (down 3.24%) added 17.10 lakh subscribers in January 2021 and its subscriber base rose to 28.59 crore as of January 2021.

Unitech Developers case: ED searches 12 locations linked to Shivalik Group

A team of the Enforcement Directorate (ED) has carried out searches at several locations linked to the Shivalik Group in connection with the Unitech Developers case, sources said on Friday. An ED source related to the probe said that a team of ED officials from its Delhi branch visited Mumbai on Thursday evening and swung into action. The source said that searches were carried out at over a dozen locations of the Shivalik Group in Mumbai. The ED source said that Unitech promoters are accused of allegedly siphoning off flat buyers money by duping them. IANS aks/arm (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

2G scam: CBI commences fresh arguments in HC in appeal against acquittals

CBI commenced arguments afresh in the Delhi High Court on Thursday in its appeal against the acquittal of former telecom minister A Raja and others in the 2G spectrum allocation scam case. However, the arguments via video conferencing before Justice Yogesh Khanna had to be stopped after only a brief hearing due to connectivity issues. During the brief proceedings, advocate Vijay Aggarwal, appearing for some of the acquitted persons, told the high court that around 6,500 pages containing the final arguments of the accused and the CBI before the trial court were not found in the digital records supplied to him.

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