Page 15 - Sanket Koul

Retail real estate sees higher leasing in H1 2025, driven by stable demand

Retail leasing in India rose 21% in H1 2025 compared to the previous year. Experts predict significant new supplies in Delhi NCR, Mumbai, and Hyderabad in H2 2025.

Gurugram circle rate hike likely to price out low, mid-income buyers

Gurugram's second circle rate hike in eight months raises acquisition costs and stamp duties, with developers warning of pressure on mid-income housing demand

Mankind Pharma Q1 PAT drops 17.4% despite 24% revenue growth, costs surge

Input and finance costs weigh on profitability; chronic, consumer health and BSV acquisition support top line

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Trump on Wednesday called India's tariffs on US exports among the highest in the world, with the most strenuous non-monetary trade barriers of any country, in a post on Truth Social

Healthcare body seeks regulatory reforms in meeting with Niti Aayog

Nathealth has proposed a digital single-window system to Niti Aayog to ease the healthcare sector's compliance load, citing inefficiencies and duplication across ministries

Torrent Pharma Q1 results: PAT up 20% on robust sales across territories

Torrent Pharmaceuticals reports Rs 548 crore Q1 net profit, led by strong growth in India, the US, and Brazil, with chronic therapies and top brands driving momentum

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