Caplin Point Laboratories has received approval from the United States Food and Drug Administration (USFDA) for its Milrinone injection, a critical cardiovascular therapy used to manage heart failure and related conditions. The approval allows the Indian pharmaceutical company to market the injectable formulation in the U.S., a key market for high-value generic injectables. This milestone strengthens Caplin Point’s cardiovascular portfolio and underscores its capabilities in producing complex formulations for regulated markets.

Shringar House, a leading Indian beauty and personal care retailer, has launched its initial public offering (IPO), marking a strategic move to raise capital for expansion and strengthen its market presence. The IPO is priced in the range of Rs. 680–Rs. 700 per share, aiming to raise approximately Rs. 250–300 crore. The funds will support retail network expansion, digital initiatives, and brand development.

Indian pharmaceutical major Lupin has received approval from the United States Food and Drug Administration (USFDA) to market its generic version of Risperidone injection, a treatment used for schizophrenia and bipolar disorder. The authorization allows Lupin to introduce the therapy in the U.S. market, where the drug is expected to see strong demand given rising cases of psychiatric disorders.

Apple’s forthcoming iPhone 17 could be accompanied by a new accessory—a magnetic crossbody strap designed for both utility and style. Early reports suggest that the strap will be compatible with Apple’s new TechWoven cases, which feature lanyard slots for secure attachment. Offered in materials such as woven nylon and silicone, the strap is expected to appeal to consumers who value convenience and hands-free use. The accessory may even integrate with AirPods Pro 3 cases, signaling Apple’s focus on ecosystem synergy.

The National Hydroelectric Power Corporation (NHPC), India’s largest hydropower producer, has appointed Sanjay Singh as its Chairman and Managing Director (CMD) with additional charge. Singh, a senior official with deep expertise in the energy sector, assumes the role at a time when the company is navigating a critical phase of expansion and diversification into renewable energy. His appointment is expected to ensure leadership continuity while supporting NHPC’s long-term growth strategy.

Greenzo Energy and Jindal Stainless Ltd. have joined hands to establish a pioneering green hydrogen project, reflecting India’s accelerating push toward clean energy adoption. The collaboration aims to harness renewable power for producing green hydrogen, which will serve as a sustainable alternative to fossil fuels in industrial operations. With hydrogen increasingly recognized as a cornerstone of global decarbonization strategies, the project underscores the growing role of partnerships between technology innovators and industrial giants.

Maruti Suzuki India Ltd. has initiated exports of its much-anticipated electric SUV, the e-Vitara, with the first shipment of more than 2,900 units dispatched to international markets. This milestone underscores the company’s push to position itself as a competitive player in the global electric vehicle (EV) segment while aligning with India’s broader sustainability agenda.

The Food Safety and Standards Authority of India (FSSAI) has appointed Rajit Punhani as its new Chief Executive Officer, marking a pivotal leadership change at the country’s apex food regulator. A seasoned bureaucrat with decades of experience in governance, Punhani is expected to bring administrative rigor and strategic direction to the institution. His appointment comes at a time when India’s food ecosystem is undergoing rapid transformation, with rising consumer awareness, greater regulatory complexity, and increased scrutiny on quality standards.

Adani Green Energy Ltd. (AGEL), the renewable energy arm of the Adani Group, has successfully commissioned a 125 megawatt (MW) solar power project in Gujarat, further strengthening its leadership position in India’s green energy landscape. The project underscores the company’s commitment to advancing the country’s clean energy transition in line with national targets of achieving 500 gigawatts (GW) of non-fossil fuel capacity by 2030.

Brookprop Management Services, the manager of Brookfield India Real Estate Trust (Brookfield REIT), has settled a regulatory dispute with the Securities and Exchange Board of India (Sebi) related to alleged violations of Real Estate Investment Trust (REIT) norms. The case, which had raised concerns about compliance practices in India’s growing REIT market, was resolved through the settlement mechanism, with the company agreeing to pay a penalty without admitting or denying guilt.