Synopsis: Shares of Sterlite Technologies Limited dropped after its US subsidiary, Sterlite Technologies Inc., was ordered to pay USD 96.5 million in a legal dispute with Prysmian Cables and Systems. The matter remains sub-judice, with the company planning to appeal,...
India’s cable and wire industry is valued at Rs 1,00,000 crore ($12 billion) in 2025 and is projected to reach Rs 1,22,000 crore by 2027, growing at a CAGR of over 9%. The sector, driven by rapid urbanization, infrastructure expansion, and renewable...
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