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akums drugs ipo: Akums Drugs files draft IPO papers with Sebi; eyes Rs 680 cr via fresh issue

The company is looking to raise Rs 136 crore through a pre-IPO placement. If such placement is undertaken, then fresh issue size will be reduced. Proceeds from the fresh issue will be used to repay debt, fund working capital requirements of the company, pursue inorganic growth initiatives through acquisition and for general corporate purposes.

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MedPlus eyes 50-60 per cent revenue from 'store generics' in next 3 yrs

MedPlus eyes 50-60 per cent revenue from 'store generics' in next 3 yrs
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Mediplus Health Services launches own brand of generic medicines

Mediplus Health Services launches own brand of generic medicines
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Akums launches nasal sprays - The Hindu BusinessLine

Akums launches nasal sprays - The Hindu BusinessLine
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Budget will help India deliver aspirational yet people-centric, inclusive development: Industry

With no major tax and duty changes announced, Mahindra said, "Businesses place a high value on stability and predictability and that was evident in this Budget. The really good news was the higher Tax to GDP ratio which has long been hoped for and which cements a strong foundation for fiscal flexibility and aggressive expenditure when it is needed."

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