Mankind Pharma has announced its decision to form a committee aimed at evaluating various options for integrating Bharat Serums and Vaccines (BSV) into its operations. This move follows the successful completion of a Rs. 13,768 crore acquisition of BSV in October 2024. The company plans to explore different structural alternatives for the integration process, with a concrete plan expected to be presented to the board in the coming months. The proposal will undergo consultation with financial, legal, and tax advisors and will require approval from shareholders, creditors, and regulators.

In March 2025, India’s capital markets regulator, the Securities and Exchange Board of India (Sebi), resolved 4,371 complaints via its grievance redressal platform, SCORES. The platform, designed to address investor grievances related to the securities market, saw 4,156 new complaints filed during the month. Sebi highlighted a significant improvement in resolution times, with entities submitting action taken reports (ATRs) within an average of nine days.

Indian Commerce and Industry Minister Piyush Goyal is set to visit two European nations later this month, leading a business delegation with the goal of deepening trade and investment relations. This visit follows India’s landmark free trade agreement (FTA) with the European Free Trade Association (EFTA) signed in March 2024. The agreement, which is expected to come into effect soon, promises substantial investment commitments and tariff reductions on key products.

: Greaves Cotton Ltd, a diversified engineering firm, has announced the appointment of Parag Satpute as its new Managing Director and Group Chief Executive Officer. Satpute, who brings nearly 30 years of experience in the mobility and manufacturing sectors, succeeds Arup Basu, who will step down on May 9, 2025. In his new role, Satpute will lead the company’s strategy and operations across multiple business divisions, including Greaves Engineering, Greaves Retail, Greaves Technologies, and Excel Controlinkage Pvt Ltd.

The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea by Ram Kishor Arora, former promoter of Supertech Ltd., challenging the initiation of personal insolvency proceedings against him. The tribunal upheld the decision to proceed with the personal insolvency process under Section 95 of the Insolvency & Bankruptcy Code (IBC), despite ongoing proceedings related to the company’s corporate insolvency under Section 7.

Vedanta Aluminium has made a significant stride in sustainability by delivering its first-ever Aluminium Stewardship Initiative (ASI) Chain of Custody (CoC)-certified aluminium shipment to Capral Aluminium, Australia’s largest extruder and distributor of aluminium products. This certification is vital in ensuring traceability throughout the supply chain, assuring customers of the highest standards in environmental, social, and governance (ESG) practices.

Bank stocks experienced a strong surge on Tuesday, riding the momentum of a broader market rally. IndusInd Bank led the gains with a nearly 7% rise, followed by notable increases in other banking giants such as Axis Bank, HDFC Bank, and ICICI Bank. This upward trend in bank stocks comes in response to recent interest rate cuts, particularly the reduction in lending and deposit rates by major banks, including State Bank of India and HDFC Bank.

Gold prices have surged to revisit their all-time high levels, reflecting ongoing investor uncertainty and shifting market conditions. On Tuesday, gold prices in the national capital rose by Rs 50, reaching Rs 96,450 per 10 grams, while silver prices climbed sharply by Rs 2,500 to Rs 97,500 per kg. This upward trend is largely driven by a weakening U.S. dollar, persistent geopolitical risks, and expectations of more economic volatility. As global markets await key U.S. economic data and central bank speeches, precious metals remain an attractive hedge in times of instability.

The Indian rupee appreciated for the second consecutive session on Tuesday, closing at Rs. 85.77 against the U.S. dollar, bolstered by a broad rally in domestic equities and sustained weakness in the greenback. A confluence of favorable macroeconomic indicators—including declining crude oil prices, easing wholesale inflation, and the U.S. government’s suspension of additional tariffs on India—provided strong support to the currency.

Indian equity markets staged a powerful recovery on Tuesday, with both Sensex and Nifty surging over 2%, fueled by optimism across global bourses following U.S. President Donald Trump’s decision to ease tariffs on electronics and hint at potential exemptions for automobiles. The BSE Sensex soared over 1,500 points while the Nifty added 500 points, led by strong performances in auto, realty, and banking stocks.