Page 17 - Anjali Singh

Lasik surgery market to double by 2030 amid rising myopia, tech advances

Wider adoption of advanced techniques like SMILE and AI-led diagnostics drives a boom in India's Rs 2,500-crore Lasik surgery market

Envision Energy unveils India's first race car built entirely from e-waste

Envision Energy and EarthDay.org launch the Recover-E, India's first race car made from discarded electronics, to raise awareness of e-waste and circular design

MRF Q4 results: Profit jumps 29% to ₹512 cr, revenue up 11% to ₹7,075 cr

Tyre maker MRF reported 29.29 per cent YoY profit growth in Q4FY25 while FY25 net profit fell due to rising input costs; revenue rose 11.8 per cent for the full year

The Good Bug raises ₹100 crore to scale gut health R&D and reach

The Good Bug secures ₹100 crore in a round led by Susquehanna Asia VC with Fireside Ventures to expand R&D, marketing, distribution and hire across functions

TPG acquires 35% in SCHOTT Poonawalla, SII retains minority stake

SCHOTT Pharma keeps 50% stake in Indian JV as TPG joins with Novo Holdings to support global pharma supply chain growth; deal expected to close in H1 2025

SUV, tractor fire up M&M earnings, Q4 PAT up 20% at Rs 3,295 crore

Company plans greenfield PV plant by FY28 as SUV capacity runs past 90%

Akums secures patent for dual-action nausea drug for pregnant women

Akums receives DCGI approval for a dual-release Doxylamine-Pyridoxine tablet designed to relieve nausea and vomiting in pregnancy with reduced dosing frequency

Skoda Auto Volkswagen India announces key leadership appointments

Ashish Gupta and Nitin Kohli appointed brand directors at Skoda and Volkswagen as SAVWIPL aligns leadership strategy with local market understanding

MedTech multinationals bet big on India, eyeing global hub status

Global medtech giants like Siemens and Philips are expanding R&D and manufacturing in India, leveraging policy support and talent to embed India in global value chains

Two-wheeler sales off to choppy start; top players see double-digit fall

Domestic sales of Bajaj Auto, HMSI, and Hero MotoCorp, which together have more than a 65 per cent market share, dropped in double digits

CEAT Q4 results: Net profit falls 8.36% to ₹99.49 cr, revenue up 14.3%

The net profit for the company was impacted due to lower operating margins and an increase in raw material cost

US tariff jitters: Auto part exporters may take a Rs 4,500 crore hit

Exporters with manufacturing operations within the US would also be partly insulated from the new tariffs

Stake in SML Isuzu, M&M eyes e-bus foray soon, 21% share in LCV bus segment

M&M has entered into an agreement to acquire 58.96% in SML Isuzu for Rs 555 crore

TVS Motor Q4 net profit soars 67.5% to ₹648.16 crore on strong demand

The company's revenue from operations increased by 16.09 per cent Y-o-Y to ₹11,542 crore in the fourth quarter

Drugmakers Glenmark Pharma, Cipla plan to step up US manufacturing

The US already contributes a significant share, around a quarter, of Cipla's total revenues

Mahindra to acquire controlling stake in SML Isuzu for ₹555 crore

M&M has a 52 per cent share in the sub-3.5T light commercial vehicle (LCV) market. With this transaction, M&M expects to double its market share in the >3.5T segment to 6 per cent initially

Lord's Mark eyes ₹950 crore revenue as reverse merger nears BSE listing

Lord's Mark, which operates across diagnostics, medtech and renewable energy, is placing strong bets on its remote patient monitoring (RPM) technology to drive global expansion

Tractor sales likely to hit record high in FY26 on monsoon, MSP hike

Pre-buying ahead of TREM V norms, rising construction activity to fuel demand; margins remain stable

Auto component firms bank on localisation, diversification amid tariff woes

With global trade uncertainties rising, Indian auto component manufacturers are focusing on localisation, diversification, and policy support to shield operations and tap fresh export opportunities

Zydus Medtech signs deal with Brazil's Braile Biomedica for TAVI technology

To commercialise transcatheter aortic valve system in India, Europe and other select markets