Shares of Polycab India declined over 5 percent in intra-day deals on Friday following searches conducted by the Income Tax Department s investigation wing at nearly 50 locations linked to the company across the country.
The I-T department is carrying out raids at the premises of a company owned by Congress MP s brother and recovered more than ₹300 crore cash so far. | Latest News India
The counting of cash seized from a distillery unit, allegedly linked to Congress MP Dhiraj Prasad Sahu located at Sudpada in Odisha s Balangir district continued on the fifth day even as several counting machines broke down due to the heavy workload, said sources on Sunday.