ASG Eye Hospital, one of India’s fast-growing specialty healthcare chains, is preparing to tap capital markets with a proposed initial public offering valued between USD 500 million and USD 600 million. The planned listing reflects rising investor appetite for healthcare assets backed by scalable business models and predictable demand. Proceeds from the issue are expected to support network expansion, technology upgrades, and balance sheet strengthening.

The Central Bureau of Investigation (CBI) has initiated a detailed probe into alleged financial irregularities involving Rs. 1,621 crore linked to Punjab & Sind Bank, intensifying scrutiny over governance and risk controls in the public sector banking system. The investigation focuses on suspected diversion of funds, procedural lapses, and possible collusion between bank officials and external entities. The case has raised fresh concerns about credit appraisal standards and post-sanction monitoring within state-owned lenders.

JSW Infrastructure Ltd reported a measured yet resilient performance in the third quarter, posting an 8.7 percent increase in net profit to Rs. 364.8 crore. The growth was supported by higher cargo volumes, stable operating efficiencies, and sustained demand across key ports. Despite a challenging global trade environment and fluctuating commodity flows, the company managed to protect margins through disciplined cost control and efficient asset utilisation.

India’s primary markets are poised for renewed activity after the Securities and Exchange Board of India (SEBI) granted approval to seven companies to launch initial public offerings. The cleared firms span diverse sectors, including real estate, healthcare, and consumer-focused services, reflecting the breadth of entrepreneurial activity seeking public capital. Among the notable names are Runwal Group and Gaudium IVF, both of which are preparing to tap equity markets to fund expansion and strengthen balance sheets.

Reliance Industries Ltd reported a largely unchanged profit performance for the third quarter, reflecting a balance between strength in its consumer-facing businesses and continued pressure in its energy operations. Net profit stood at Rs. 18,645 crore, broadly in line with the year-ago period, as gains from retail and digital services helped counter weaker margins in the oil-to-chemicals segment. The results highlight the conglomerate’s diversified business model, which continues to cushion earnings volatility amid global commodity fluctuations and uneven demand conditions.

The Employees’ Provident Fund Organisation (EPFO) is set to introduce a Unified Payments Interface (UPI)-enabled withdrawal mechanism by April, marking a pivotal upgrade in the delivery of retirement-related financial services. The initiative aims to significantly reduce settlement timelines, enhance user convenience, and modernise the way subscribers access their provident fund savings. By leveraging India’s widely adopted digital payments infrastructure, EPFO seeks to streamline fund disbursement, minimise procedural bottlenecks, and strengthen transparency.

JB Pharma posted a solid set of earnings for the third quarter, reflecting steady execution and resilient demand across its core therapeutic segments. The pharmaceutical company reported a 22 percent year-on-year increase in net profit to Rs. 198 crore, supported by operational efficiencies, a favourable product mix, and sustained traction in key domestic and international markets. The results highlight JB Pharma’s ability to navigate cost pressures while maintaining growth momentum, even as the broader pharmaceutical industry faces regulatory scrutiny and pricing challenges.

Sobha Ltd, one of India’s prominent real estate developers, reported a steep decline in profitability for the third quarter, underscoring the persistent challenges facing the property sector. Net profit fell 29 percent year-on-year to Rs. 15.42 crore, weighed down by higher costs, subdued demand in select markets, and tighter financing conditions. While the company continued to maintain operational momentum through project execution and sales activity, margin compression and elevated input expenses dampened overall earnings.

The Securities and Exchange Board of India (SEBI) has unveiled a streamlined onboarding framework for Foreign Portfolio Investors (FPIs) under the SWAGAT-FI system. The initiative aims to simplify registration, compliance, and account management processes, making India’s capital markets more accessible to international investors. By integrating technology-driven solutions, SEBI seeks to reduce procedural delays, improve transparency, and strengthen risk monitoring. Analysts note that SWAGAT-FI could significantly boost foreign inflows, enhance liquidity, and foster investor confidence.

The Securities and Exchange Board of India (SEBI) has introduced new measures to simplify client onboarding and enhance risk management protocols across capital markets. The regulatory reforms aim to reduce procedural friction for investors while strengthening compliance, transparency, and operational resilience for intermediaries such as brokers, mutual funds, and fintech platforms. By leveraging technology-driven solutions and standardized processes, SEBI intends to accelerate account openings, minimize operational risk, and safeguard investor interests.