Nurses on Strike in Kerala Units Return to Work, Operations in Full Capacity: Aster DM Healthcare
Aster DM Healthcare announced that nurses at its seven Kerala hospitals have returned to work, restoring operations to full capacity after a court‑ordered end to the strike. The strike, which began on March 9, 2026 and was led by the United Nurses Association demanding wage revisions, had been extended by the Kerala High Court until May 31. Aster reported an additional revenue loss of about ₹5.78 crore (≈ $0.7 million) due to the disruption. Ongoing litigation between the Kerala Private Hospital Association and the United Nurses Association remains pending in the High Court.
PTC India Changes Designation of CMD Manoj Kumar Jhawar as MD & CEO
PTC India announced that Chairman & Managing Director Manoj Kumar Jhawar will assume the role of Managing Director & CEO effective 13 April 2026. The board approved the change on 14 February, and shareholders ratified it through a postal ballot on 20 March. Jhawar,...
HCG to Add 1,000 Beds over Five Years as Cancer Care Demand Rises
HealthCare Global Enterprises (HCG) announced a five‑year plan to add at least 1,000 hospital beds, raising its total capacity beyond 2,500. The expansion will combine 400 greenfield beds with 500‑600 brownfield additions across its 25‑hospital network. HCG is targeting 12‑13...
SEIL Energy India Will Not Diversify for Optics: CEO
SEIL Energy India, owned by Tanweer Infrastructure SAOC, says it will not pursue diversification for optics, focusing instead on operational excellence of its 2,640 MW super‑critical plant. The CEO indicated openness to acquiring well‑performing assets emerging from Insolvency and Bankruptcy Code...
Funskool Clocks $40 Million Revenue in FY26, Despite Tariff Headwinds
Funskool India posted $40 million revenue for FY 26, achieving a 14% average growth over the past two years while exports expanded 19% year‑on‑year. US tariff pressures and rising raw‑material costs trimmed its growth outlook to a moderate 12‑15% for FY 27, with...
Val-Met Engineering Secures ₹200 Crore Funding From Nuvama Crossover Opportunities Funds
Chennai‑based Val‑Met Engineering announced it has secured ₹200 crore (approximately $24 million) in funding from three Nuvama Crossover Opportunities Funds. The capital will be used to broaden its sourcing network, boost inventory capabilities, upgrade technology and processing infrastructure, and deepen ties with...
BEML Secures $36.38 Million Export Order From West Asia Region
BEML Limited announced a $36.38 million export contract with customers in West Asia for heavy‑earth‑moving equipment that has been re‑engineered for high‑intensity infrastructure projects. The deal also bundles a comprehensive maintenance and lifecycle‑support package, ensuring long‑term equipment availability. This win lifts...
Chitale Bandhu Mithaiwale to Inaugurate New Production Facility Near Pune
Chitale Bandhu Mithaiwale will inaugurate its new Ranje Vision Park near Pune on April 16, a 25‑acre, state‑of‑the‑art production hub with a 40‑tonne daily capacity for sweets and savouries. The ₹250 Cr (~$30 million) investment brings FSSC 22000, FDA and BRC certifications, positioning the...
Indian Spacetech Startups Shift Gears From R&D to Scalable Manufacturing
Indian spacetech startups are moving from pure research to large‑scale manufacturing as demand for low‑Earth‑orbit constellations accelerates. Bellatrix Aerospace, Agnikul Cosmos and Red Balloon Aerospace have each built regulated, additive‑manufacturing and assembly‑line processes to shrink build cycles from months to...
Pharma and Healthcare Companies to Face Continued Margin Pressure: HDFC Securities
HDFC Securities forecasts the Indian pharma and healthcare sector to post moderate revenue growth in the March quarter, with overall sales up 11% and EBITDA rising 6% year‑over‑year. Pharmaceutical sales are projected to increase 10% YoY, driven by a 15%...
Tractor Sales Cross 10 Lakh Mark in FY26 on Strong Rural Demand, GST Cut
India’s tractor industry posted a record 10.5 lakh units sold in FY26, a 19% increase over the prior year. The surge was driven by strong rural demand, an excellent monsoon, and a GST reduction from 12% to 5%. Mahindra & Mahindra retained...
India Comfortable on Crude and LPG Supply on Diversified Sourcing, Says IOC Chairman
India’s oil sector feels secure amid the West Asia war as Indian Oil Corporation (IOC) expands crude sourcing to 41 countries, up from 25, and diversifies LPG imports globally. IOC announced a commercial LPG quota increase to 70% of original...
TVS Srichakra Assumes US Sponsorship Rights to Boost Global Brand Visibility
TVS Srichakra Ltd, the Madurai‑based tyre maker, has taken over the U.S. sponsorship rights for Bristol Motor Speedway by assigning its wholly‑owned subsidiary Super Grip Corp. The company will pay $1.03 million in tranches for the remaining years of the agreement, which...
Vedanta Aluminium Signs Pact with Two Downstream Companies
Vedanta Aluminium has signed a Memorandum of Understanding with Singhal Steel & Power and SCOT‑AL Metcon to establish downstream aluminium facilities in the new Vedanta Aluminium Park in Jharsuguda, Odisha. The 56‑acre Phase 1 park is designed to boost value‑addition, reduce...
THINK Gas Launches GIS Platform for Instant PNG Availability Check, Faster Connections
THINK Gas unveiled a GIS‑enabled Integrated Network Availability platform that lets consumers instantly verify Piped Natural Gas (PNG) service in their area and submit applications online. The system promises to deliver approved connections within 30 days, while also capturing interest...
Tata Power Partners with CORE Academy to Train Renewable Energy Workforce
Tata Power has engaged CORE Academy, the specialised training arm of POWERCON Group, to upskill its wind turbine operations and maintenance workforce. The curriculum spans theoretical safety and system modules, hands‑on field training, and advanced troubleshooting, data analytics, and remote‑command...
Systematix Private Wealth Aims ₹40,000-Crore AUM in Five Years
Systematix Private Wealth announced a plan to boost its assets under management from roughly $1.1 billion to $4.8 billion over the next five years. The firm will target high‑net‑worth and ultra‑high‑net‑worth clients with minimum ticket sizes of about $0.6 million and $3 million respectively,...
Blockchain For Impact Launches $50-M Innovation Platform for Medtech Ecosystem
Blockchain For Impact (BFI) has unveiled a $50 million Innovation Full Stack platform aimed at accelerating biomedical and MedTech development in India. The initiative, anchored by the Nailwal MedTech Acceleration Hub, offers early‑stage innovators access to prototyping facilities, engineering expertise, material‑science resources, and...
Granules India to Tighten Oversight After US FDA Warning, Exec Says
Granules India, a leading global paracetamol and API producer, is tightening oversight after the U.S. FDA cited GMP, equipment cleaning and record‑keeping violations at its Telangana plant. The company will digitise logbooks, batch records and badge cards, increase gemba walks,...
Adani Green Energy's Arm Inks Pact with UAE’s Minerva to Develop Renewable Energy Projects in India
Adani Green Energy’s UAE subsidiary, Adani Renewable Energy Middle East Ltd, has entered a joint‑venture with Minerva Holding RSC to develop renewable‑energy projects in India. The partnership is backed by International Holding Company (IHC) Group, the UAE’s largest listed firm...
Mercedes to Hike Prices Again; Luxury Market Splits with BMW
Mercedes‑Benz India will raise prices of its luxury cars by an additional 2‑4% in Q2 2026, following a 4% hike earlier this year, as freight costs, geopolitical disruptions and a 15‑20% industry cost burden squeeze margins. The move supports its...
US Market to Dent India Pharma Earnings Even as Domestic Growth Remains Firm: Report
Nuvama Institutional Equities forecasts Indian pharmaceutical revenue to rise 10% YoY in FY 26, with EBITDA up 3% but PAT falling 6% as margin pressure intensifies. Domestic sales are projected to expand 12% YoY, driven by strong cardiac, anti‑diabetic and oncology...
Uniqlo Owner Fast Retailing Books 29.4% Rise in Q2 Profit, Raises Forecast
Fast Retailing, the parent of Uniqlo, reported a 29.4% jump in Q2 operating profit to ¥189.8 bn (≈$1.19 bn), beating analysts’ expectations. The company lifted its full‑year profit target to ¥700 bn (≈$4.4 bn), positioning it for a fifth straight year of record earnings....
Cycle Agarbathi Acquires Majority Stake in Satvik to Expand Spiritual Play
Cycle Pure Agarbathi has bought a majority stake in Satvik Spirituals, moving beyond its core incense business into a broader spiritual‑wellness portfolio. The deal, whose financial terms were not disclosed, gives Cycle access to Satvik’s range of pooja accessories, festive idols...
Max Healthcare Picks up Controlling Equity in Kalinga Hospital for ₹300 Crore
Max Healthcare announced a share purchase agreement to acquire a 58.4% controlling stake in Kalinga Hospital Limited for roughly ₹300 crore (about $36 million). The 250‑bed, NABH‑accredited hospital in Bhubaneswar spans 260,000 sq ft and offers a full suite of specialties, drawing patients from...
Healthians Founder Sahni Launches New Venture ‘Un:bloc’
Deepak Sahni, the founder of Healthians, unveiled his next venture, Un:Bloc, on World Health Day. Healthians grew to a valuation of roughly ₹3,000 crore (about $360 million) under his leadership. Sahni also announced a ₹100 crore ($12 million) three‑year angel investment fund for early‑stage...
KBL Powers Kalpakkam FBR Milestone as Reactor Achieves Criticality
India’s Fast Breeder Reactor at Kalpakkam has reached criticality, a pivotal step in the nation’s three‑stage nuclear strategy. Kirloskar Brothers Limited (KBL) supplied the primary and secondary heat‑transport pumps—each weighing about 135 tonnes and capable of handling liquid sodium above 500 °C....
Adani Group Plans to Invest over ₹33,000 Crore for 3 Projects in Odisha
Adani Group announced a ₹33,081 crore ($4 bn) investment in Odisha to build a thermal power plant, a cement manufacturing unit, and a data centre. The thermal plant, costing about ₹30,181 crore ($3.6 bn), and the cement unit, at ₹2,100 crore ($250 m), will be located...
Adani Seeks Dismissal of SEC Case, Cites Extraterritorial Overreach, Lack of Jurisdiction
Gautam Adani and his nephew Sagar have filed a motion to dismiss the SEC’s securities‑fraud lawsuit, arguing the case over a 2021 $750 million bond sale falls outside U.S. jurisdiction. They contend the SEC’s claims are extraterritorial, lack a domestic transaction,...
Tata Sons Chairman Chandrasekaran May Not Seek Third Term
Tata Sons chairman N Chandrasekaran may forgo a third term as Tata Trusts question the profitability of recent acquisitions. While the conglomerate has posted solid overall growth, loss‑making units such as Air India, Tata Digital, Tata Projects and Tata Electronics have...
LG Energy Solution Flags Q1 Operating Loss on Weak EV Demand
South Korean battery maker LG Energy Solution (LGES) warned that it will record a first‑quarter operating loss of 208 billion won, about $138 million, as electric‑vehicle demand weakens. The loss would have been 398 billion won (~$265 million) without U.S. Inflation Reduction Act tax...
From WagonR to Scorpio: How India’s Top Cars Stack up on CO2 Emissions Ahead of CAFE-3
India’s Ministry of Petroleum and Natural Gas has submitted model‑specific CO₂ emission data to the Prime Minister’s Office as part of preparations for the Corporate Average Fuel Efficiency (CAFE‑3) regime, which will take effect on April 1 2027 and run through 2032....
West Asia Conflict: Indian Refiners to Delay Maintenance Shutdowns
India, with over 258 mtpa refining capacity, is postponing most maintenance shutdowns to safeguard domestic diesel, petrol and jet‑fuel supplies amid the West Asia conflict. Only Nayara Energy’s 20 mtpa Vadinar refinery will undergo a scheduled 35‑day maintenance window starting April 9‑10, as...
Godrej Consumer Sees 6–9% Cost Surge, Guides for Steady Growth
Godrej Consumer Products Ltd (GCPL) forecast a 6‑9% rise in input costs driven by crude‑linked commodity inflation, but still projects steady double‑digit revenue growth for FY26. The company plans to counter price pressures through a mix of pricing actions, cost‑efficiency...
D2C Brands Face Longer Wait, Higher Costs to Enter Quick Commerce as Monetisation Tightens
Direct‑to‑consumer brands are encountering longer onboarding times and higher fees to list on quick‑commerce platforms, with commissions rising 8‑12% and premiums of about 8% versus last year. Combined platform costs now exceed 35% of the selling price in many categories,...
CuraTeQ Biologics Gets ‘Positive’ Results in Phase Study of Omalizumab
CuraTeQ Biologics, a subsidiary of Aurobindo Pharma, announced positive top‑line results from its Phase 3 trial of BP11, a biosimilar to omalizumab (Xolair). The study enrolled 608 patients across 80 sites in seven European countries and India, meeting all primary endpoints...
Hi-Tech Pipes Posts Record Quarterly Sales of 1.47 Lakh Mt, up 27% YoY
Hi‑Tech Pipes Limited reported a record quarterly sales volume of 147,125 mt in Q4 FY 26, a 27 % increase over the same period last year and an 8 % rise from the prior quarter. For the full year, sales reached 532,437 mt, up about...
Trent Shares Surge 6.4%; Retailer Posts 20% Revenue Jump in Q4FY26
Trent Limited, the Tata Group retailer, reported a 20% year‑on‑year rise in standalone Q4 FY26 revenue to ₹4,937 crore (≈ $595 million), pushing its full‑year FY26 revenue up 18% to ₹19,701 crore (≈ $2.37 billion). The strong top‑line performance helped the stock surge 6.4% to ₹3,778.90...
Govt to Release Remaining ₹17,500 Crore LPG Compensation to OMCs in FY27
The Indian government announced that it will disburse the remaining ₹17,500 crore (≈ $2.1 billion) LPG compensation to the three oil‑marketing companies in FY27, spread over seven equal tranches. This payment completes the ₹30,000 crore (≈ $3.6 billion) package approved in August 2025, which was intended to...
JJG Aero Targets $100 Million Revenue in 5 Years, Focuses on Deepening Relationships with Existing Clients
Bengaluru‑based JJG Aero announced a goal to reach $100 million in revenue within five years, targeting a mid‑30% compound annual growth rate. The plan is backed by a $30 million Series B round led by Norwest Venture Partners, which will finance a new...
Apollo Hospitals Gets NCLT Nod for Corporate Restructuring Plan
Apollo Hospitals Enterprise has secured approval from the National Company Law Tribunal’s Chennai bench for its proposed composite scheme of arrangement, which involves restructuring its digital health, pharmacy and related businesses across four entities. The plan calls for spinning off...
Amidst Global Uncertainty, Enterprise Tech Spending Holds Steady: Arundhati Bhattacharya
Salesforce South Asia CEO Arundhati Bhattacharya says enterprise technology spending in India remains steady despite global uncertainty and geopolitical tensions. The company completed its Informatica acquisition, adding roughly 5,000 employees and bringing its India headcount to about 17,000. While AI...
KEP Engineering Says Its Wastewater Solutions Enable Industries to Save 90-95% of Water
KEP Engineering Services announced its integrated wastewater solutions can recover 90‑95% of industrial wastewater, dramatically cutting fresh water usage. The portfolio combines effluent treatment plants, zero‑liquid‑discharge (ZLD) systems, multi‑effect evaporators and condensate‑integrated gas recovery to enable near‑total water reuse in...
Hyundai Motor Flags Export Disruptions as West Asia Conflict Hits Shipping
Hyundai Motor warned that its exports to Europe and North Africa are being disrupted as the West Asia conflict blocks key shipping routes. The blockage has driven up freight costs, forced cargo diversions, and pressured parts suppliers with raw‑material constraints....
Maruti Suzuki Adds 502 New Service Touchpoints in FY26, Aims to Reach 8,000 by FY31
Maruti Suzuki India added 502 new after‑sales service touchpoints in FY 2025‑26, the largest single‑year expansion in its history. The network now totals 5,926 locations covering roughly 3,000 Indian cities and towns. The company plans to grow the footprint to 8,000...
Hindustan Zinc’s Mined Metal Output Rises in Q4; Silver Production Slips
Hindustan Zinc Ltd reported a modest rise in mined metal output to 315,000 tonnes in Q4 FY26, a 2% increase year‑on‑year. Refined metal production grew 5% to 282,000 tonnes, while silver output slipped 0.2% to 176 tonnes. The company's wind‑power...
Bajaj Auto Sales Jump 20% to 4,45,377 Units in March
Bajaj Auto reported a 20% year‑on‑year increase in total sales for March, reaching 445,377 units. Domestic two‑wheelers climbed to 221,021 units, while export shipments rose 21% to 159,452 units. Commercial‑vehicle sales also grew 20% to 64,904 units, with exports up...
Fire at Sundaram Brake Linings’ Virudhunagar Plant; No Casualties, ₹2.66-crore Damage
Sundaram Brake Linings Limited’s Plant II in Virudhunagar, Tamil Nadu, caught fire at 5:25 am on Thursday, causing approximately ₹2.66 crore (about $320,000) in damages. The blaze was contained quickly, and no injuries were reported, but the affected production line has been shut down...
SAIL Chairman Amarendu Prakash Resigns
Steel Authority of India Ltd (SAIL) announced that Chairman and Managing Director Amarendu Prakash resigned, effective April 2, 2026, after submitting his notice on January 2. The steel ministry approved the resignation and appointed Director (Personnel) Krishna Kumar Singh as interim CMD for a three‑month period....
LatentView Analytics Invests $3 Million in Healthcare RCM Provider Healtheon AI
LatentView Analytics has invested $3 million in Healtheon AI, a specialist in AI‑driven healthcare revenue cycle management (RCM). Healtheon AI’s agents automate medical coding, claims processing, and denial remediation while working alongside human teams. The funding positions LatentView as a preferred partner for...