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Standards regulator BIS seizes FirstCry products worth Rs 90 lakh

Bureau of Indian Standards seized goods worth Rupees 90 lakh from a FirstCry warehouse in Bengaluru. The action follows alleged violations of BIS Act, 2016. FirstCry is seeking legal advice and believes its products comply with the law. The company reported a wider net loss of Rupees 111.5 crore despite a revenue increase. 

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