Page 13 - Sanket Koul

NephroPlus files DRHP, aims to raise ₹353.4 crore via fresh equity issue

The Hyderabad based firm aims to raise ₹353.4 crore through a fresh issue of equity shares. Market sources claim the total issue size could touch ₹2000 crore

Mandatory to conduct audit of safety in schools: Govt tells states, UTs

This comes a day after a portion of a government school in Rajasthan's Jhalawar district collapsed on Friday, killing seven children and leaving 28 injured

Egg-freezing sees demand surge across cities as infertility rises

Rising infertility, delayed motherhood and increased awareness are driving demand for egg freezing across India, with clinics reporting a surge in inquiries from urban women

Elan Group repays Rs 875 cr debt to Asia Pragati Strategic Investment Fund

Elan Group's strategic debt repayment strengthens its financial position, creating room for investment in future projects and land acquisitions

Natco Pharma offers to acquire 35% in Adcock Ingram for ₹2,000 crore

Expected to be closed in 4 months, deal to facilitate Indian firm's entry into Africa

IHH inks Fortis-Gleneagles O&M deal to strengthen pan-India platform

Under the agreement, Fortis will manage operations of six Gleneagles hospitals and one clinic, earning a monthly fee and expanding its bed capacity and national presence

India needs $2.4 trn to build climate-resilient infra by 2050: World Bank

It recommended implementation of integrated urban flood risk management at national and state levels, with sustainable stormwater management at city level, along with heat mitigation actions

ICMR looks to commercialise malaria vaccine, invites EoIs for tech transfer

According to the EoI, ICMR-RMRCBB will also provide expert guidance and technical support for the production of the vaccine in all phases

CDSCO flags 4 drugs as spurious, 185 not of standard quality for June 2025

CDSCO has flagged four drugs as spurious and 185 others as not of standard quality for June 2025. The list includes antibiotics and heart disease medications. Investigations are underway

CDSCO revises export NOC guidance document for new drug formulations

The CDSCO has updated its guidelines for issuing export NOCs for new drug formulations, including relaxations for FDCs, research-oriented drug batches, and SRA approvals

CDSCO extends COPP application deadline for pharma units to August 15

Pharma firms get time till August 15 to file COPP applications online via ONDLS as CDSCO addresses onboarding challenges and industry pleas

India needs tax breaks, startup push to lead global wellness tourism

KPMG-FHRAI report projects India's medical tourism to reach $58.2 bn by 2035, calls for tax incentives, global branding and startup support to drive growth

University of San Diego pauses plan to set up campus at Gujarat's GIFT city

San Diego varsity cites regulatory and cost barriers for pausing its GIFT City campus and will now expand in India through hybrid degrees, MoUs and online Master's programmes

University of Southampton opens India's first foreign varsity campus

The Gurugram campus marks the first operational foreign university in India under NEP 2020 reforms, offering UK-aligned UG and PG courses and enabling student mobility

Generic glut leads to numerous price actions on diabetes medications

While price revision lists by the National Pharmaceutical Pricing Authority (NPPA) include several diabetes drugs, combinations of empagliflozin have been prominently mentioned in past three months

Emcure enters distribution agreement with Sanofi for diabetes drugs

Emcure to distribute and promote Sanofi's oral anti-diabetic brands Amaryl and Cetapin in India, expanding access amid rising prevalence of uncontrolled diabetes

EQT-backed Indira IVF refiles DRHP through Sebi's confidential route

Indira IVF refiles DRHP after earlier withdrawal, as investor interest grows in India's ART sector; aims for Rs 3,500 crore IPO, joins peers like Swiggy and Meesho

Health Ministry clarifies no warning labels for samosa and jalebi

Union Health Ministry clarifies advisory urging awareness about fats and sugars in food, but no directive for warning labels on specific products like samosas or jalebis.

Tier 2 cities outpace metros in residential plot launches: PropEquity

Seven of the top 10 cities for residential plot launches were tier 2 locations, led by Indore, Nagpur and Surat, as investor interest shifts away from apartments

Flying high: Airport-adjacent micro mkts outpace city-wide price growth

Residential plot values in these corridors recorded a rise of 84 to 118 per cent, compared to a city-wide increase of 45 to 93 per cent