Indian pharmaceutical company Mankind Pharma has acquired the rights to the well-known neurological medication brand Rivotril from Roche India, marking a significant strategic move in the country’s pharmaceutical landscape. The transaction is expected to strengthen Mankind Pharma’s presence in the central nervous system (CNS) therapy segment, one of the fastest-growing areas in healthcare.
India’s private sector lender Axis Bank has announced plans to invest Rs 1,500 crore in its non-banking financial subsidiary Axis Finance, reinforcing its strategy to expand lending operations beyond traditional banking channels. The capital infusion is expected to enhance the NBFC’s balance sheet strength, support credit growth, and enable it to tap emerging opportunities in retail and corporate lending. Analysts say the move reflects a broader trend among Indian banks to leverage NBFC platforms for flexible credit distribution.
Indian natural resources giant Vedanta Limited reported recycling nearly 15 million tonnes of industrial waste during the financial year 2024–25, marking a significant milestone in its sustainability strategy. The initiative reflects the company’s broader commitment to resource efficiency, environmental responsibility, and circular economy practices across its mining and metals operations. By converting industrial byproducts into reusable materials, the company aims to reduce landfill dependence while improving operational efficiency.
India’s market regulator Securities and Exchange Board of India has imposed financial penalties on 18 individuals and entities for their alleged involvement in manipulating the share price of RGRL. The enforcement action follows an extensive investigation into trading patterns that suggested coordinated activity designed to artificially influence the stock’s market value. Regulators concluded that the entities engaged in practices that violated securities market rules and undermined investor confidence.
The upcoming initial public offering of Powerica Engineering is scheduled to open for subscription on March 24, drawing attention from investors tracking opportunities in India’s industrial and energy equipment sector. The company has announced its IPO price band and outlined plans to raise capital to support business expansion, working capital requirements, and strategic growth initiatives. Market analysts say the offering reflects increasing investor interest in manufacturing and power infrastructure companies as India accelerates industrial development.
India’s consumer protection authority has imposed a penalty of Rs 10 lakh on Meta Platforms over advertisements promoting “walkie-talkie” features on its messaging platforms. The Central Consumer Protection Authority determined that the marketing campaign could mislead consumers about the functionality and nature of the service. The action highlights the growing scrutiny of digital platforms and their promotional practices in India’s rapidly expanding technology ecosystem.
Shares of Urban Company climbed sharply after SBI Mutual Fund disclosed a strategic investment in the home-services platform, signaling growing institutional confidence in India’s digital services economy. The transaction highlights rising interest among large asset managers in technology-enabled consumer businesses that are reshaping traditional service industries. Market analysts say the investment reflects Urban Company’s expanding market presence, improving financial performance, and long-term growth potential.
Indian real estate developer Godrej Properties has strengthened its presence in southern India through the acquisition of a new land parcel in Bengaluru, signaling continued confidence in the city’s fast-growing residential market. The purchase aligns with the company’s strategy of expanding in high-demand urban corridors where housing demand remains robust. Bengaluru’s strong technology-driven economy and steady population growth have made it one of India’s most attractive real estate markets.
India’s equity markets staged a strong rally as benchmark indices climbed sharply amid renewed investor confidence, positive global cues, and sustained domestic inflows. The surge in both the BSE Sensex and the Nifty 50 reflects growing optimism about India’s economic outlook, resilient corporate earnings, and easing inflation concerns. Banking, IT, and infrastructure stocks led the gains, supported by strong institutional participation.
Indian pharmaceutical companies Zydus Lifesciences and Lupin Limited have announced a strategic collaboration to develop and commercialize Semaglutide, a widely recognized therapy for managing type 2 diabetes. The partnership highlights a growing trend among domestic drug manufacturers to collaborate on high-value treatments in rapidly expanding therapeutic markets. With diabetes cases rising globally and particularly in India, the initiative could strengthen the companies’ presence in the lucrative metabolic disease segment.