Anjali Singh

Paras Health to use ₹375 cr from IPO to pare debt, plans 800-bed expansion

The ₹1,450-crore IPO comprises a ₹500-crore fresh issue and a ₹950-crore offer for sale, while the hospital chain plans to add 800 beds through projects in Gurugram and Ludhiana

Audi India bets on new models as it eyes double-digit growth next year

Luxury car market expected to grow 12%; festive quarter typically brings 20-25% rise in inquiries and conversions

Hyundai aims to regain No. 2 spot in India by 2028-29, says global CEO

Hyundai plans to regain its No. 2 position in India by 2028-29 through Pune plant expansion, 26 new models and investments in electric vehicles and greater localisation

Semaglutide mkt settles into steady growth six months after patent expiry

Generic brands now account for about 74% of monthly units as lower-priced products expand access, while doctors say the initial rush around the drug is cooling

Used-car sales may rise 12-15% this festive season on strong rural demand

Organised used-car players expect 25-30 per cent growth during the festive quarter, supported by rural demand, first-time buyers and rising interest in SUVs and luxury cars

Maharashtra's 9-month bike-taxi EV deadline tests operators' readiness

Financing, charging infrastructure and regulatory clarity will be key to the transition; industry has called for phased milestones

Bio-Synergy targets £3-5 million in India sales with DNA testing kit

UK health science firm partners with Kynora Life Sciences to launch DNA and epigenetics testing kits priced between ₹25,000 and ₹85,000, targeting personalised wellness in India

Rural auto demand shows no signs of slowing despite weak monsoon rains

Rural vehicle sales rose 32.69 per cent in September, supported by small businesses and non-farm incomes, while tractor demand remained more sensitive to farm conditions

Neuberg, NM Medical consolidate Maharashtra operations, eye wider reach

The combined Maharashtra business is expected to generate around ₹500 crore in revenue this year, with plans to establish a presence in every district headquarters

Fragmented road data may slow ADAS adoption in India: Here Technologies

The company said wider access to speed limits, road restrictions, lane information and road-sign data held by government agencies would help scale advanced driving applications

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