HEALTHCARE IN INDIA
Stocks to buy today: M&M, ONGC among top 7 trading ideas for May 15, 2025
Indian markets may see consolidation on Thursday amid muted global cues and resistance near the 25,000 mark. Experts suggest the 24,400–24,500 zone is crucial for trend direction. As long as Nifty holds above this level, buying on dips could continue. Stock picks from analysts include Max Healthcare, Deepak Fertilisers, Mphasis, ONGC, and Bharat Forge for short-term trades.
Chill, trimmed pill prices won't hurt us
Donald Trump's executive order targeting international consumer price parity for prescription drugs in the US faces implementation challenges and potential legal battles. While unlikely to significantly impact Indian generic drug exporters, the order aims to increase imports from developed economies.
India’s blue-collar crunch: Skills shortage deepens as attrition and absenteeism rise
India's blue-collar sector grapples with a significant talent shortage, marked by rising attrition and increased demand for skilled labor. Companies are increasingly relying on temporary employees and third-party vendors to manage costs and maintain workforce flexibility. Automation and AI are reshaping blue-collar jobs, leading to increased productivity norms, while wages remain relatively low for a majority of workers.
Apollo 24|7 forays into Insurance, plans to launch products from 12 insurers in two months
Apollo 24|7 is venturing into insurance with 'Apollo 24|7 Insurance Services,' a fully owned subsidiary, after securing regulatory approval as a corporate agent. The company plans to distribute Health, Life, and General Insurance products, targeting Rs 80 crore in revenue in the first year. Additionally, Apollo 24|7 will launch a health-first credit card and expand its 19-minute medicine delivery service.
Stock market update: FMCG stocks up as market rises
The 30-share BSE Sensex closed up 182.34 points at 81330.56
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Ayurveda Day to be celebrated on September 23 every year
The Indian government has officially designated September 23 as Ayurveda Day, moving away from the variable date of Dhanteras. This decision, formalized through a Gazette Notification, aims to provide a consistent annual date for global celebrations and enhance Ayurveda's international visibility. The autumnal equinox, symbolizing balance, aligns with Ayurveda's core philosophy of holistic well-being.
Stocks in news: HAL, Eicher Motors, Airtel, Tata Motors, Cipla
Indian markets are expected to focus on companies like HAL and Eicher Motors. These companies will announce their Q4 results. Tata Motors reported a profit decline. However, Airtel saw a significant profit increase. Metropolis Healthcare's profit decreased, while Bharti Hexacom's profit increased. Tata Steel plans a major capital expenditure. LIC increased its stake in Bank of India.
Renesas-CG Power venture likely to roll out first chip by mid-2026, says Hidetoshi Shibata
Japanese firm Renesas Electronics, which supplied components for Chandrayaan-3, expects its chip assembly venture with Murugappa group's CG Power to roll out its first chip by mid-2026. Mass production is slated for 2027 in Sanand. Renesas is also working on collaboration with other Indian partners and expanding its Bengaluru and Noida centres.
Hunt for R&D talent picks up pace at health-tech, pharma firms
Pharmaceutical and health-tech companies are significantly expanding their research and development teams to foster innovation and meet stringent regulatory standards. This surge is fueled by private equity investments and a growing emphasis on AI, machine learning, and digital therapeutics. Recruitment firms report a substantial increase in R&D hiring across various levels, with specialized talent in high demand.
Agentic AI startup Adopt AI raises $6 million in round led by Elevation Capital
Foster Ventures, Powerhouse Ventures, Darkmode Ventures, and some angel investors participated in the funding round. The funds will go towards strengthening the company’s AI and engineering teams, building its technology and implementing its go-to-market strategy.
Trump order unlikely to impact domestic generic industry working on razor-thin profits
The US order to lower prescription drug prices is unlikely to impact Indian generic drugmakers, as they already operate on low margins, experts say. The move mainly affects innovator pharma companies required to align prices with global benchmarks.
NSDC International to train 0.1 million candidates as caregivers to meet global demand
NSDCI aims to train 0.1 million caregivers to address the rising global demand, having already placed thousands in countries like Germany and Japan. The training encompasses core care skills, soft skills, and language proficiency to boost employability. NSDCI partners with various nations to meet their future demand and contribute to universal health coverage.
Trump’s drug price order raises alarm bells for Indian pharma
President Trump's plan to lower US prescription drug prices by aligning them with other countries could impact Indian pharmaceutical companies, which heavily rely on the US market for revenue. While primarily targeting innovator drugmakers, the move may squeeze Indian generic firms, potentially leading to margin pressure and strategic adjustments.
CBSE Class 10th, 12th Results 2025: How to instantly access your scorecard from anywhere using the UMANG app
CBSE Class 10 and 12 board results for 2025 are expected between May 13th and 15th, with over 44 lakh students awaiting their scores. The UMANG app, a Government of India initiative, offers a convenient and secure platform to access digital marksheets and certificates.
Trump's drug order sparks concern for India's pharma policy: GTRI
Donald Trump's "Most Favored Nation" pricing rule, aimed at significantly lowering U.S. drug prices, is expected to have global repercussions. The move could pressure pharmaceutical companies to seek higher revenues in markets like India, potentially impacting its pharmaceutical policies.
LIC MF's Sumit Bhatnagar bets on smart beta schemes as ETF inflows hit Rs 19,000 cr in April
Also, Smart Beta and Factor – Based ETFs that use investment factors such as value, momentum, or low volatility for index construction rather than traditional market capitalisation, are garnering investor attention as well.
This is cessation of military operations, not ceasefire: Former Army Chief General Naravane
General Manoj Mukund Naravane spoke about Operation Sindoor. He said it warned Pakistan against aggression. India's strikes targeted terrorist infrastructure. This led to talks between India and Pakistan. Naravane supports diplomacy over war. He highlighted the high costs of conflict. War causes financial and human suffering. He echoed Prime Minister Narendra Modi's view that war is not desirable.
FPI declined in April to Rs 42 billion from Rs 63 billion in March: IDBI Capital
Foreign portfolio investors (FPIs) recorded a net inflow of Rs 42.2 billion, witnessing a decline from Rs 62.71 billion in March, according to the data compiled by IDBI Capital.
India-Pakistan Tensions: Health Minister Reviews Emergency Preparedness and Medical Readiness
Amid India-Pakistan tensions, J P Nadda reviewed emergency medical preparedness. The ministry established a 24x7 control center. Hospitals are ensuring drug and blood availability. AIIMS New Delhi mobilized doctors and nurses. Mock drills occurred at major hospitals. Training modules for emergency healthcare are being rolled out. The Union Health Secretary held meetings for coordination.
First round of Free Trade Agreement talks between India, New Zealand concludes
India and New Zealand are currently engaged in discussions for a potential Free Trade Agreement. These talks aim to enhance trade and investment between the two nations. Negotiations resumed in March 2025 after a decade-long pause. The FTA seeks to unlock new opportunities for businesses and consumers. Disparities in tariff structures and demands for dairy market access pose challenges.
NSE to launch F&O contracts on Piramal Pharma and 2 other securities from May 30
The contracts will be introduced after receiving approval from the Securities and Exchange Board of India (SEBI) and in line with the stock selection criteria specified in SEBI’s August 2024 circular.
PB Healthcare’s fundraise; Wanted: Visa fairness
Happy Thursday! PB Fintech’s healthcare subsidiary has raised a funding round led by General Catalyst. This and more in today’s ETtech Morning Dispatch.
India PE-VC market rebounds in 2024 to $43 bn; VC, growth investment spur momentum
After two years of decline, India's private equity and venture capital investments rebounded in 2024, growing by 9% to $43 billion across 1,600 deals. This resurgence, driven by VC and growth investments, positions India as a key PE-VC destination in Asia-Pacific. The outlook for 2025 is cautiously optimistic, supported by strong macroeconomic indicators and strategic policy measures.
India-UK FTA to push trade to $100 billion by 2030, says India Inc; FMCG, healthcare to gain
The India-UK Free Trade Agreement is set to boost trade. India Inc anticipates bilateral trade to reach $100 billion by 2030. The deal is expected to strengthen strategic ties. Sectors like FMCG and healthcare will likely benefit. Industry groups report their demands were largely met. Ficci highlights market access and social security considerations.
TPG to acquire 35% stake in SCHOTT Poonawalla from Serum Institute of India
TPG Growth is set to acquire a 35% stake in SCHOTT Poonawalla from Serum Institute of India, with Novo Holdings co-investing. This deal aims to bolster the drug containment firm's growth in India and globally. Serum Institute will retain a minority stake, while SCHOTT Pharma remains the controlling stakeholder, leveraging TPG's healthcare expertise.
Manipal, IHH, EQT & others eye Sahyadri Hospitals in Rs 5,000 crore bidding war
Manipal Hospitals, IHH Healthcare, and Blackstone-owned Quality Care India are among the frontrunners vying for Sahyadri Hospitals, Maharashtra's largest hospital chain, with bids ranging from ?4,500-5,000 crore. Ontario Teachers’ Pension Plan Board is divesting the chain amid a wave of PE-led consolidation in India's rapidly growing healthcare sector, which is witnessing significant investment and expansion.
"Angolan President specifically asked for India's support in healthcare": MEA
Angolan President Joao Lourenco requested India's assistance in bolstering its healthcare infrastructure during talks with Prime Minister Modi. India offered support through medicines, vaccines, and establishing Janaushadhi units. Discussions also encompassed space cooperation, with India offering its low-cost satellite launch technologies, and digital public infrastructure to enhance governance and ease of living.
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