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Here’s an acronym that you probably hear almost everyday on business television – CDMO. Contract Development and Manufacturing Organization (CDMO) are flexible third-party service providers that are entrusted with all the stages of the process of making medicines – providing services in the research and development stages, offering support in manufacturing, and providing formulating and

If you have donated Rs 5 lakh or more to a lesser-known political party, then the Income Tax Department may also be keeping an eye on you. Recently, tax officials have sent a long list of questions to thousands of individuals who made such donations in the financial year 2020-21. According to reports, in many

US President Donald Trump recently criticized India’s high tariffs, warning of a potential US retaliation. In a sharp statement, Trump asserted that the existing trade system is unfair to the US, and vowed to introduce reciprocal tariffs to counteract what he perceives as protectionist policies by other nations, including India. While much of the discussion

Singapore’s state investment company Temasek has signed a deal to pick up close to a 10% stake in the snacks business of India’s Haldiram’s at a cost of about $1 billion, two people with direct knowledge of the matter said on Wednesday. The deal was signed after months of negotiation and Temasek considers Haldiram’s a

Sanjay Shah, promoter of Prudent Corporate Advisory Services, India’s fifth-largest mutual fund distributor, has made headlines with his unique gesture of gifting shares to employees. Shah plans to distribute shares worth Rs 33 crore among 650 employees, including some staff engaged at his home, to celebrate his 25 years in business. The planned gift involves