Anjali Singh

Ola Electric board approves ₹1,000 crore fundraise via rights issue

The move comes weeks after the company approved plans to mobilise up to ₹1,500 crore

Morepen Laboratories files its first US ANDA for sitagliptin tablets

The filing for sitagliptin tablets in three strengths marks Morepen's entry into integrated finished-dose development and regulatory filings in the US market

Rural India's auto demand holds despite weak rains in August: Fada data

Two-wheeler production grew 15.2% overall as scooters, typically more urban-weighted, grew faster at 26.7% than motorcycles at 9.1% domestically, even as motorcycle exports rose 33.4%

Ola Electric seeks board nod for proposed rights issue of equity shares

Ola Electric's board will consider a rights issue on September 28. The company has not disclosed its size or use of proceeds as its electric two-wheeler market share falls

Temasek takes minority stake in Romsons Group to back expansion and M&A

Singapore's Temasek has taken a minority stake in Romsons Group to support the medical devices maker's expansion in India and overseas and explore potential acquisitions

Mahindra expects Thar, Thar Roxx volumes to rise at least 10% in 12 months

Mahindra has raised monthly capacity for the Thar and Thar Roxx to around 11,000 units and built more than 30 days of inventory ahead of the festive season

PV inventory climbs as dealers prep for festivals, keep discounts in check

PV dealer inventory rises to 38-40 days ahead of the festive season, but discounts remain contained as automakers balance stock and demand

Healthcare industry divided over Maharashtra FDA's medical device pricing

Industry bodies back greater scrutiny of medical device pricing but differ on how gaps between hospital procurement costs and prices charged to patients should be assessed

Maharashtra plans health innovation hub to test and scale local solutions

State-level platform will unite government, private healthcare, academia and innovators to test affordable solutions and expand interventions that show measurable impact

Fada pushes automakers to give dealers more contractual certainty

Dealers being asked to invest crores on short-term letters of intent, says FADA president Sai Giridhar

Rosemerta eyes 30-35% FY27 growth on tech, mobility solutions push

The group is betting on telematics, connected-vehicle platforms, government-service digitisation and road-safety solutions to drive growth

Hero Motors sets eyes on tech takeovers to grow customer base

Rs 1,000-cr IPO opens September 16

Classic Legends to double capacity to over 200K units by year-end

The Jawa and Yezdi maker will raise capacity from 120,000 to over 200,000 motorcycles by year-end as it prepares for higher domestic sales and exports

Minda Corp targets ₹1,500 cr export, eyes growth in electric vehicles

The auto-component maker expects global growth to be led by instrument clusters, wiring harnesses, EV components and electronics as it increases four-wheeler penetration

Hospitals to step up AI spending despite deployment hurdles: CII-PwC

While 64 per cent of healthcare leaders surveyed have piloted AI applications, only 11 per cent have moved them into production, with data quality the biggest hurdle

Novartis India buys Minipress brands from Pfizer for ₹1,250 crore

The company's board approved the transaction on Monday, following which Novartis India executed an asset purchase agreement and trademark assignment deeds with Pfizer Inc and Pfizer Products Inc

Maruti Suzuki bets on premium hatchbacks as demand outpaces industry

Maruti Suzuki's premium hatchback sales grew 28 per cent between April and August, compared with 17 per cent growth for the industry

EVs may account for 7-8% of FY28 sales: Hyundai Motor India MD & CEO

Automaker plans dedicated sub-four-metre electric model; targets 50 per cent combined share for EVs, hybrids and CNG vehicles by 2030

Goyal warns auto firms against nominal localisation, govt tracking data

Commerce minister says government will use company-wise import-export data and IEC numbers to assess genuine localisation and map automotive supply ecosystems

Gadkari unveils ₹4,000 retrofit device to cut PM emissions by 90%

The road transport minister also urged automakers to offer discounts against scrappage certificates to accelerate fleet replacement and boost demand for new vehicles