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Dabur India announced that recent GST reforms cutting rates on key FMCG categories from 1218% to 5% will boost affordability and consumer demand. Around 85% of its portfolio now falls under the 5% tax slab, covering core segments like oral care, hair oils, shampoos, juices, and OTC products. The company plans to pass on these benefits to consumers.
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Top 10 IPOs debuting tomorrow saw mixed investor response. Infinity Infoway, Advance Agrolife, and Sheel Biotech led with high subscriptions and GMPs, while several others recorded flat or muted market interest.
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Staff will begin a phased return to the factory floor as the carmaker continues to recover from the cyber-attack.
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