Page Industries Limited — Important, 19-05-2025: General Updates

Vodafone Idea is seeking a waiver of around ₹30,000 crore in AGR dues to support its survival and sustain competition in the telecom sector. India Inc raised $61.18 billion via external commercial borrowings in FY25, up 25%, as NBFCs diversify amid tighter domestic credit. Abbott India’s net profit jumped 28% to ₹367 crore in Q4 on higher sales. South Indian Bank’s Q4 net rose 19% to ₹342 crore, driven by record volumes and better asset quality. Kennametal India’s Q4 net fell 36% to ₹24.4 crore despite 7.7% sales growth. Infosys cut Q4 variable pay to 65% due to macro pressures; TCS kept payouts above 70%.