Lilly CEO Sees Weight-Loss Drugs Reaching About Half of Potential Users at Peak
Eli Lilly CEO David Ricks told investors that GLP‑1 weight‑loss drugs will likely reach only about half of the 500 million people worldwide who could benefit, due to institutional and cost barriers. He noted that today roughly one in ten eligible patients are on a GLP‑1, and that scaling production to meet a 50% market share would require a 20‑fold capacity increase, a slow and capital‑intensive process. Lilly’s new oral pill, Foundayo, logged 1,390 U.S. prescriptions in its first week, while Novo Nordisk’s Wegovy oral version saw 3,071 fills in four days. Prices remain steep, ranging from $149 to $349 per month, limiting broader adoption.
KRAFTON Launches Third Cohort of Its KIGI Incubator Programme
KRAFTON India has opened the third cohort of its KIGI incubator, selecting four Indian studios from 900 applications. Each studio will receive a grant of $50,000 to $150,000 and 6–12 months of mentorship from KRAFTON’s global development network. The program...
Maxivision Eye Hospitals Charts Aggressive Gujarat Expansion; to Invest ₹150 Cr in 2 Yrs
Maxivision Super Speciality Eye Hospitals announced a ₹150 crore (≈$18 million) investment to double its Gujarat footprint from 10 to 20 hospitals within two years. The Hyderabad‑based chain currently operates in six Gujarat cities and will add five new facilities in Ahmedabad...
NPSPL Speciality Chemicals to Set up Cathode Material Company in Andhra Pradesh
NPSPL Speciality Chemicals Private Limited will invest roughly ₹2,550 crore (about $307 million) to build a cathode material plant on 105 acres in Gudupalle, Andhra Pradesh. The state government approved the project, which is slated to generate 400 jobs and will benefit...
Crisil Q1 Net Profit Rises 46% to ₹233 Cr; Declares Interim Dividend
Crisil posted a 46% jump in Q1 FY26 net profit to about $28 million (₹233 cr), up from $19 million a year earlier. Consolidated revenue climbed 30% to roughly $132 million, driven by higher demand for its risk‑management and rating services. The firm announced...
Bosch Sees Strong Order Visibility as It Bets on Safety with Chassis Acquisition
Bosch Limited reports a "very full" order book in India as it finalizes the acquisition of Bosch Chassis Systems India, a market leader in safety and braking with three plants and roughly 2,000 employees. The deal expands Bosch's mobility portfolio,...
PNGRB Initiates Suo Motu Bidding Process for LPG Pipelines
The Petroleum and Natural Gas Regulatory Board (PNGRB) has launched a suo‑motu bidding process for nine LPG pipeline projects totaling about 2,500 km. The initiative aims to replace bulk road transport of LPG by 2030, improving safety, efficiency and environmental performance....
IOC Wins Bid for Kochi–Kanyakumari–Thoothukudi Natural Gas Pipeline
Indian Oil Corporation secured the PNGRB’s authorization to build and operate the 425‑km Kochi‑Kanyakumari‑Thoothukudi natural gas pipeline. The line will move up to 6.84 MMSCMD of regasified LNG from the Kochi terminal to demand hubs in Kerala and southern Tamil Nadu. It...
Finolex Cables Looking to Increase Its North East Presence Driven by Govt's Infra, Electrification Push
Finolex Cables Ltd is accelerating its expansion in India’s northeast, especially Assam, as the central government ramps up infrastructure and electrification projects. The company says revenue from the region has doubled over the last four years, with northeast sales now...
Indriya Signs Actor Krithi Shetty for Long-Term Brand Partnership
Indriya, the Aditya Birla Group’s jewellery label, has inked a long‑term partnership with Telugu film star Krithi Shetty, debuting the collaboration during its Akshaya Tritiya 2026 campaign. The campaign showcases temple‑inspired pieces—layered harams, jhumkas and bangles—through an intimate film that ties the actress’s...
Any Subsidy From Government Will Help Early EV Adoption: VinFast
VinFast is lobbying Indian state governments to follow Delhi's 2026 EV policy, arguing that any subsidy will accelerate early electric‑vehicle adoption. The company unveiled its VF MPV 7, a seven‑seater electric MPV priced at roughly ₹24.5 lakh (about $29,500) with a 60 kWh battery...
Vedanta Set for Strong March Quarter with Aluminium, Zinc Driving Growth
Vedanta is poised to post a robust Q4 FY26, with analysts projecting a 50‑60% year‑on‑year jump in EBITDA. The surge is anchored by higher realisations in aluminium and zinc, bolstered by lower alumina input costs. Power volumes are set to...
Tata Motors to Launch Hydrogen Bus Production in Lucknow
Tata Motors announced it will start producing hydrogen fuel‑cell and hydrogen internal‑combustion‑engine buses at its Lucknow plant, expanding its green‑mobility portfolio. The launch was unveiled by Tata Sons chairman N. Chandrasekaran alongside Uttar Pradesh chief minister Yogi Adityanath, coinciding with...
Pi Green, EcoGuard Partner to Digitise Carbon Capture and Build dMRV Systems
Pi Green Innovations and EcoGuard Global have signed a partnership to digitize Pi Green’s carbon‑capture methodology and launch a digital measurement, reporting and verification (dMRV) platform for Indian and global clients. The deal leverages Pi Green’s patented Carbon Cutter and...
Japanese Medical Devices Firm Create Medic Plans to Expand India Operations
Japanese medical‑device maker Create Medic announced a major push into India, opening a dedicated sales office in Chennai and planning similar hubs in Delhi, Kolkata and Ahmedabad. The firm is targeting roughly ₹100 crore (about $12 million) in annual revenue from the...
Codelco in Talks with Hindustan Copper for Chile Copper Joint Venture
Codelco is negotiating a joint venture with Hindustan Copper Ltd. to develop an undeveloped Chilean deposit, with the partnership slated to involve more than $1 billion in capital. The deal would let Codelco share the financial burden of new projects, a...
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...
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...