Lenskart Solutions is set to raise over ₹7,000 crore through its upcoming IPO. The eyewear retailer aims to fund expansion and acquisitions. Despite a growing revenue and a recent profit, the company’s valuation appears high. Lenskart operates in a competitive…
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The Institute of Chartered Accountants of India plans to submit its own revised auditing standard to the government. This move could reignite a dispute with the National Financial Reporting Authority over SA600. The ICAI believes its concerns were overlooked by…
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The Income Tax Department on Thursday conducted surveys at the offices and manufacturing units of Exide Industries. The company said it is cooperating with authorities and that the exercise has not affected its operations. Exide also postponed its scheduled board…
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A tax tribunal’s unusual decision has surprised many. It supported the tax department’s move to charge 22% tax on capital gains. This is based on the company’s other income tax rate. Experts believe this ruling may be challenged. The development…
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This year alone, 84 IPOs have raised more than Rs 80,000 crore from the capital markets, and it is likely to cross the century mark by the end of 2025. This will be the second consecutive year of such activity;…
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Adani Power Limited has announced robust financial results for the second quarter of fiscal year 2026. The company saw increased revenue and stable EBITDA. Power sales volumes grew significantly. Adani Power secured substantial new long-term power purchase agreements. The company…
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