Customs authorities here said on Monday they have uncovered 19 companies accused of evading anti-dumping duties worth a combined 42.8 billion won ($30.8 million) while importing low-priced hot-rolled steel plates.

The companies allegedly avoided paying duties by declaring their goods under product codes not subject to anti-dumping duties, according to the Korea Customs Service.

Some also reportedly used the names of suppliers eligible for lower tariff rates without authorisation. The agency said it plans to recover the evaded taxes and even pursue criminal investigations in case of serious violations, reports news agency.

Anti-dumping duties are imposed when imported goods are priced below fair market value, deemed to cause harm to domestic industries. The duties are levied to bridge the price gap and protect local businesses from unfair competition.

The Securities and Exchange Board of India (SEBI) has proposed a distinct alternative investment fund (AIF) scheme that would admit only "accredited investors".

Tata Motors Limited's (TML) net profit for the first quarter of the first financial year (Q1 FY26) stood at Rs 4,003 crore, down 62 per cent year-on-year (YoY), as per an exchange filing on Friday.

Bombay Stock Exchange or BSE Limited on Thursday reported a strong set of numbers for the first quarter of the financial year 2025-26 (Q1 FY26) as the company's consolidated net profit more than doubled to Rs 539.41 crore.

Life sciences company Hikal Limited on Thursday reported a net loss of Rs 22.4 crore for the quarter ended June 30 (Q1 FY26) -- marking a sharp reversal from a net profit of Rs 5.1 crore in the same period previous year (Q1 FY25).

The Mumbai-based company’s revenue from operations dropped by 6.5 per cent to Rs 380.4 crore, down from Rs 406.8 crore in Q1 FY25, according to its stock exchange.

On a sequential basis, revenue also fell from Rs 552.4 crore reported in the previous quarter (Q4 FY25).

Total income for the quarter stood at Rs 381.4 crore, compared to Rs 407.3 crore a year ago and Rs 552.9 crore in the March 2025 quarter.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) also declined significantly to Rs 251 million, compared to Rs 580 million in the same quarter previous year.

Hero MotoCorp on Wednesday reported mixed earnings for the first quarter (Q1) of FY26, with revenue from operations falling 4.73 per cent to Rs 9,727.75 crore compared to Rs 10,210.79 crore in the same period previous year (Q1 FY25).

5G smartphone shipments accounted for 87 per cent of the overall India market in the April-June quarter, marking a 20 per cent yearly increase, a report showed on Wednesday.

The production of electronics goods in the country saw six-time growth in the last 11 years -- from Rs 1.9 lakh crore in 2014-15 to Rs 11.3 lakh crore in 2024-25, as exports surged eight times from Rs 38,000 crore to Rs 3.27 lakh crore in the same period, Parliament was informed on Wednesday.

India now has 300 mobile manufacturing units, from just two in 2014-15, while production of mobile phones has increased a whopping 28 times in the last 11 years -- from Rs 18,000 crore to Rs 5.45 lakh crore, Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha.

Leading telecom operator Bharti Hexacom Ltd's net profit declined 23.4 per cent year-on-year (YoY) in the first quarter of FY26, despite a strong revenue uptick, it said in an exchange filing on Tuesday.

Bharti Airtel Limited on Tuesday reported a strong set of numbers for the first quarter of the current financial year (Q1 FY26), with its net profit surging 57.32 per cent to Rs 7,421.80 crore.