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EID Parry’s Refinery Exit: Rs. 1.37 Billion Settled, Rs. 7.40 Billion Still To Go

E.I.D. Parry (India) Ltd has announced the closure of its wholly owned subsidiary Parry Sugars Refinery India Pvt Ltd (PSRIPL) operations, citing unsustainable losses and structural challenges. The company will infuse equity and loans to settle liabilities, with Rs. 7.40 billion of borrowings requiring support.

  • Updated: March 31, 2026 22:35
Image Source : Indian Television
Aditya Birla Lifestyle Brands Faces 3.10 Billion Rupee Order

Aditya Birla Lifestyle Brands Ltd has received an order seeking 3.10 billion rupees, including tax, interest, and penalty. The development highlights regulatory scrutiny in the retail and lifestyle sector, with potential implications for the company’s financials and compliance framework as it navigates this challenge.

  • Updated: March 31, 2026 22:30
Image Source : DT Next
Apollo Pipes Postpones Mirzapur Plant Production To End-April 2026

Apollo Pipes Ltd has announced that commercial production at its upcoming Mirzapur facility will now begin towards the end of April 2026. The company had earlier planned an earlier commencement, but the revised timeline reflects operational adjustments while reinforcing its long-term expansion strategy in India’s piping solutions market.

  • Updated: March 31, 2026 22:20
Image Source : Zee Business
India’s Data Consumption Surges Past 31 GB Monthly In 2025

India’s average monthly mobile data usage crossed 31 GB per user in 2025, growing at an impressive 18 percent CAGR. This surge reflects rising demand for video streaming, digital payments, and online education, positioning India as one of the world’s fastest-growing digital economies.

  • Updated: March 31, 2026 22:10
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