Shringar House, a diversified company with interests spanning finance and investments, has announced details of its upcoming initial public offering (IPO). The offering is set within a defined price band, signaling the company’s intent to raise fresh capital and unlock new growth opportunities. Positioned in a competitive market landscape, the IPO aims to attract institutional as well as retail participation by offering investors exposure to a business model focused on expansion and strategic asset management.

Caplin Point Laboratories has secured approval from the U.S. Food and Drug Administration (USFDA) for its Milrinone Lactate Injection, a critical drug used in treating patients with severe heart failure. The regulatory clearance represents a significant step for the Chennai-based pharmaceutical company as it seeks to expand its footprint in the U.S. generics market.

The Ministry of Textiles is finalizing a comprehensive procurement blueprint to support cotton farmers through the Minimum Support Price (MSP) mechanism. With cotton prices under pressure from volatile global demand and shifting domestic supply patterns, the government aims to reinforce income stability for cultivators while ensuring reliable raw material access for the textile industry.

The central government has approved an extension for Gurdeep Singh as Chairman and Managing Director (CMD) of NTPC Ltd., India’s largest power generation company. Singh, who has been at the helm since 2016, will continue to lead the public sector enterprise, steering it through a critical transition phase marked by a dual focus on conventional energy expansion and renewable capacity growth. His tenure has been characterized by significant milestones, including diversifying NTPC’s portfolio into green energy and strengthening operational efficiency.

The government’s decision to lower the Goods and Services Tax (GST) on two-wheelers has been met with strong approval from Hero MotoCorp, India’s largest two-wheeler manufacturer. The tax cut, expected to make motorcycles and scooters more affordable, is likely to stimulate demand in both urban and rural markets. Industry stakeholders believe this policy shift could invigorate the auto sector, which has been grappling with cost pressures and sluggish sales in recent quarters.

India’s economy registered a strong performance in the first quarter of the current fiscal year, with GDP growth driven by robust domestic demand, resilient services, and ongoing infrastructure investment. Global brokerage Nomura has analyzed the data, highlighting the interplay between consumption, government spending, and investment flows as key factors in sustaining momentum. While the report acknowledges that external risks such as global headwinds and inflation remain, it concludes that India’s domestic fundamentals continue to act as a buffer.

India’s economy posted a robust growth surge in the latest quarter, with rising domestic demand emerging as the primary catalyst for expansion. Analysts credit resilient household consumption, government infrastructure spending, and a steady revival in private investment as the key contributors to the momentum. While external headwinds such as global inflation and trade uncertainties remain, experts suggest that India’s domestic fundamentals are cushioning the impact.

Real estate developer Nirala World has reported the sale of 400 apartments in its flagship residential project in Greater Noida, signaling robust demand in the region’s housing market. The company’s performance underscores the rising appetite for affordable and mid-segment housing in India’s National Capital Region (NCR), a market that continues to attract both end-users and investors.

Excel Infra has announced the launch of a new residential development in Mumbai, marking a strategic expansion in the city’s highly competitive real estate market. The project, valued at Rs. 250 crore, underscores the company’s ambition to strengthen its presence in India’s financial capital while addressing the growing demand for quality housing. Positioned in a prime location, the initiative aims to cater to urban buyers seeking modern amenities, sustainable design, and long-term value creation.

India’s largest carmaker, Maruti Suzuki, reported a dip in total sales for August, with volumes slipping to 1,80,683 units compared with 1,89,082 units in the same month last year. While the company’s exports saw moderate growth, domestic passenger vehicle sales experienced pressure due to evolving demand dynamics and supply constraints in certain segments. The performance reflects both cyclical challenges and shifting consumer preferences in the automobile market, even as Maruti continues to expand its portfolio in hybrid and compact SUV categories to strengthen its market leadership.