Tuesday 31 Jan, 2023 09:17 PM
Site map | Locate Us | Login
   BASF India skid as Q3 PAT slides 90% YoY to Rs 10 cr     UPL gains after Q3 PAT jumps 16% YoY to Rs 1,087 cr     Westlife Foodworld ends sharply higher after Q3 PAT rises 75% YoY    Sun Pharma Q3 PAT rises 5% YoY; Concert Pharma acquisition to be completes by Q1 CY23    IOCL Q3 PAT slumps 92% YoY to Rs 448 cr    Jubilant Ingrevia Q3 PAT slides 29% YoY to Rs 92 cr     IIFL Finance spurts after Q3 PAT rises 22% YoY    Astec Lifesciences Ltd leads losers in 'A' group    Apar Inds soars after stellar Q3 performance     White Organic Retail Ltd leads losers in 'B' group    Volumes soar at Century Textiles & Industries Ltd counter    Godrej Consumer Products reports good Q3 numbers    Oil and Gas shares edge lower    Energy stocks slide    Information Technology shares fall 
Saravan Stocks
Hot Pursuit
Scrips, which has significant changes during the market hours.
Polycab announces strategic partnership with Redington
01-Dec-22   13:15 Hrs IST

With this tie-up, Polycab's telecom division, Polycab Telecom looks forward to meet its distribution-objectives and strengthen the presence of its passive networking portfolio, comprising end-to-end copper and fibre system, all across India, capitalizing on Redington's extensive distribution-network and efficient operational expertise.

The company said that Redington would provide Polycab's vast range of products including both, optical fibre cable and copper system, to the channel-partners and facilitate the company's accessibility to the value-added distributors (VADs), who would work through an integrated activation programme to collaborate well with their ecosystem of system integrators and value partners.

Ashish D. Jain, executive president & COO, Telecom Division, Polycab, says, “We're thrilled to partner with Redington India. Redington's empowered distribution-network and vast geographic coverage in India will help us meet our distribution and channel-objectives, to fulfil the nationwide demands for end-to-end Make-in-India Passive Networking Products. We look forward to a seamless collaboration with Redington to deliver the best value to our end customers.”

Sharing views on the partnership, R. Venkatesh, president, Enterprise Business Group, Redington said, “We're absolutely delighted to come on board with Polycab. Polycab, a household name as the provider of power solutions, is uniquely positioned to provide both, end-to-end Power & Data Solutions.

R. Venkatesh Further stated that as a national distributor we're geared up to offer them supply-chain management facilities to meet their distribution requirements. With our strong presence and solution-centric mechanism, we're confident to fast-track and augment Polycab Telecom's reach in the Indian channel-market.”

Redington is a leading IT technology solution-provider across Information Technology, Mobility, Telecom, Cloud, Lifestyle and Solar verticals. It has a footprint across 38 markets, including 60 subsidiary offices.

Polycab India is the largest manufacturer of Wires and Cables in India and fast growing player in the Fast Moving Electrical Goods (FMEG) space. The Group is also in the business of Engineering, Procurement and Construction (EPC) projects.

Shares of Polycab rose 0.97% at Rs 2589.35 while Redington gained 1.59% at Rs 182.30 on the BSE.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com,  Mobile No: 7305522205
Hit Count : 24585106
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 56990 | AMFI Regn.No : 2662
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. SSPL WEALTH Pvt. Ltd