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Macquarie said that the sector is currently at a turning point, driven by increased pharmaceutical outsourcing due to drug pricing pressures and geopolitical factors, prompting a global restructuring of the pharmaceutical supply chain.
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After delisting from the Indian bourses in November 2020, the software services company returned to the capital market by selling shares worth 8,750 crore in the IPO last week, making it the largest Indian IT services IPO exceeding Tata Consultancy Services' 4,713 crore public issue in 2004.
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Apple has released a sleeker and more expensive version of its lowest priced iPhone in an attempt to widen the audience for a bundle of artificial intelligence technology that the company has been hoping will revive demand for its most profitable product lineup.
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News and Media
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