Polycab India plunges 22% as I-T dept recovers 'unaccounted sales' of Rs 1,000 crore

Mumbai: Polycab India's shares witnessed a sharp decline of 22 percent in morning trade on January 11 following revelations by the income tax department about the discovery of around Rs 1,000 crore in "unaccounted cash sales" during raids on the company's offices the day before, media reports said.

SoftBank offloads 1.1% stake in Zomato for Rs 1,125 cr

Mumbai: VF Growth (Singapore) Pte Ltd, the venture capital fund affiliated with Japan's Softbank, has completed its exit from food delivery company Zomato, through open market transactions conducted on Friday, media reports said.

SoftBank to divest stake in Zomato via block deal

Mumbai: Japanese investment holding firm SoftBank is aiming to divest a 1.1% share in the Indian food delivery service Zomato through a block deal valued at 11.28 billion rupees ($135.36 million), as per sources cited by CNBC-TV18 on Thursday.

Softbank plans to sell shares worth Rs 600 cr in Delhivery via block deal on Wednesday: Report

Mumbai: Japan’s Softbank Group is planning to offload approximately Rs 600 crore worth of shares in Delhivery through block deals on Wednesday, media reports said.