In a change, Havells beats Polycab in Q3 performance

After several quarters, Polycab India Ltd reported a set of financial results that were decidedly less rosy than those of its primary rival Havells India Ltd. Two days after Havells reported a 39% year-on-year jump in revenue to Rs 3,175 cr, Polycab said its third-quarter revenue rose 12% on year to Rs 2,799 cr. While […]

Finolex to enter water heater market on Sunday

Finolex Group, one of the largest cable manufacturers in India, said it will introduce¬†electric water heaters into its product line-up¬†on Sunday. This new product will compete against famous water heater brands such as AO Smith, Bajaj, Racold etc. “At present the product is set to launch only in the domestic market,” said the company. Finolex […]