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Techno Paints plans to raise Rs 500 crore via IPO in FY27

Techno Paints and Chemicals CMD Akuri Srinivas Reddy with Indian cricketing legend Sachin Tendulkar HYDERABAD: Paints manufacturer Techno Paints and Chemicals, a Hyderabad-based paints manufacturer, is planning to raise Rs 500 crore through an initial public offering (IPO) by 2026-27, its chairman and managing director Akuri Srinivas Reddy said on Saturday.He said the company will…

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Pharma generics: Semaglutide patent expiry to open Rs 50-billion opportunity; Indian players eye FY27 boost

The impending patent expiry of semaglutide drugs across India, emerging markets and select regulated markets such as Canada and Brazil is expected to create a revenue opportunity of more than Rs 50 billion for generic pharmaceutical companies over the next 12 to 15 months, according to an industry update by Systematix Institutional Research.The report said…

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Domestic natural gas consumption to surge by 3-4% in FY27 by expansion of City Gas Distribution: ICRA

Domestic natural gas consumption to surge by 3-45 in FY27 by expansion of City Gas Distribution: ICRA The domestic natural gas consumption is expected to rebound and grow by 3-4% year-on-year in FY2027 after witnessing a phase of near-term moderation in FY2026, according to a report by ICRA.The report highlighted that the recovery in gas…

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Food price outlook: Better monsoon, sowing to cool H2FY26 inflation; adverse base could lift FY27 rates

Food inflation is expected to remain under control in the second half of FY26, supported by better monsoon rains and improved sowing conditions. However, ICICI Bank’s Global Markets sectoral update has warned that an “adverse base” could push food inflation higher in FY27. A base effect means inflation can look unusually high or low depending…

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