IPO rush in India’s pharma sector: Sector eyes Rs 12,000 crore fundraising; 15 companies ready to enter market

India’s pharmaceutical and healthcare industry is preparing for a significant wave of fundraising, with companies expected to raise Rs 12,000-13,000 crore through initial public offerings (IPOs) in the next six to nine months.According to ET, around 15 firms are likely to enter the primary market shortly. The Securities and Exchange Board of India (Sebi) has…

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Tax audit deadline: What is the last date to submit income tax audit report for AY 2025-26 & who needs to file it? Explained

Tax audit deadline 2025: September 30, 2025, remains the cut-off date for eligible taxpayers, including specific individuals, to file their income tax audit reports. For clarity, tax audits can only be conducted by a chartered accountant utilising income tax forms 3CA, 3CD, and 3CB. Taxpayers must submit their Income Tax Audit report via the e-filing…

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Trump’s H-1B visa fee hike impact: Germany, UK, Canada roll out red carpet for India’s tech talent; pitch ‘predictable’ rules

The increased fees for new H-1B visas in the United States are showing consequences, leading organisations to explore alternative visa categories. (AI image) US President Donald Trump’s steep H-1B visa fee hike to $100,000 has left Indian techies shocked, but countries like Germany, UK and Canada are capitalizing on the opportunity to pitch their countries…

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Asian shares take a breather: Japanese Yen weakens sharply; Brent and WTI crude prices fall after overnight spike

Asian shares paused their recent rally on Thursday as investors positioned for month- and quarter-end flows, while the Japanese yen weakened to fresh lows against the euro and the Swiss franc surged amid currency market volatility.Oil prices slipped after climbing over 2% overnight to seven-week highs, following a surprise drop in US crude inventories that…

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Gold & silver price prediction today: MCX Gold, MCX Silver to remain bullish? Here’s the outlook

MCX Gold is currently exhibiting a strong and sustained uptrend, supported by clear technical evidence on the charts. (AI image) Gold and silver price prediction today: Gold prices are likely to continue their strong bullish momentum, and silver too will maintain its stealth trend, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…

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China’s move ‘to safeguard WTO’

China will no longer claim benefits available to developing nations at the World Trade Organization, announced Chinese Premier Li Qiang. He is currently in the US to attend the United Nations General Assembly. WTO director general Ngozi Okonjo-Iweala welcomed the decision on X, calling it “a culmination of many years of hard work” and thanking…

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India may buy more oil from US, says Piyush Goyal

NEW DELHI: Commerce and industry minister Piyush Goyal has indicated that India could buy more oil from the US amid repeated calls from American President Donald Trump for India and China to lower purchase of Russian crude.“We are big importers of energy from across the world, including from the US. We expect to increase our…

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Rapido looks to raise $500 million funding: Primary, secondary deals eyes; Swiggy exits 11.8% stake

Rapido looks to raise $500 million funding as Swiggy exits stake Bengaluru-based ride-hailing startup Rapido is finalising a $500-550 million (Rs 4,500-5,000 crore) funding round, combining primary and secondary deals, while Swiggy exits its stake in the company.The move comes as Rapido expands its ride-hailing operations and scales its food delivery platform, Ownly. The primary…

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