CureBay has acquired the pharmacy distribution business of Saveo Healthtech, strengthening its position in India’s healthcare delivery ecosystem. The acquired business operates a technology-driven B2B pharmaceutical supply network, serving more than 10,000 retail pharmacies across southern India. This strategic move enhances CureBay’s ability to ensure consistent and affordable medicine access, particularly in underserved regions.

Axis Bank has approved a capital infusion of Rs. 1,500 crore into its wholly owned subsidiary, Axis Finance Ltd, through a rights issue to be executed in phases by March 31, 2027. The investment, cleared by the Reserve Bank of India, is aimed at supporting business expansion and strengthening the non-banking financial company’s balance sheet. With growing demand for diversified credit solutions, the move reflects Axis Bank’s strategic emphasis on scaling its NBFC operations to capture emerging lending opportunities and enhance long-term revenue streams.

Mankind Pharma has acquired the rights to the Rivotril brand from Roche for the Indian market, marking a strategic expansion into chronic and specialty therapies. Rivotril, a widely prescribed formulation of clonazepam, is used in the treatment of neurological and psychiatric conditions. The deal grants Mankind Pharma exclusive authority to manufacture, market, and distribute the product across India.

Agilisium has announced a strategic investment of Rs. 50 crore to drive artificial intelligence adoption across the pharmaceutical, biotechnology, and medical technology sectors. The initiative focuses on embedding AI capabilities within enterprise operations through a specialized workforce model known as Forward Deployment Experts (FDX). By reskilling over 1,000 professionals globally, the company aims to bridge the gap between AI potential and real-world implementation.

India’s ceramic tile industry is facing renewed financial pressure as geopolitical tensions in West Asia disrupt exports, supply chains, and production economics. The sector, valued at approximately Rs. 53,000 crore, is projected to record a 1–2 percent decline in revenue this fiscal year, marking a second consecutive downturn. Export disruptions—particularly in the Middle East, a key market—have intensified due to logistical bottlenecks and rising freight costs following regional instability.

Prime Minister Narendra Modi on 13 March 2026 released the 22nd installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Guwahati, Assam, transferring approximately Rs 20,500 crore to over 9.7 crore farmers through Direct Benefit Transfer (DBT). This central sector scheme provides Rs 6,000 annually to landholding farmers, distributed in three equal installments. 

Bharat Gas customers across India can now book LPG cylinder refills conveniently through multiple digital platforms, eliminating the need to visit gas agencies physically. BPCL, the distributor of Bharat Gas, offers several options including IVRS calls, SMS, WhatsApp, the Bharatgas mobile app, and its official website. Once a booking is made, customers receive an SMS confirmation containing the booking reference and expected delivery schedule.

India’s equity markets experienced a turbulent week, with the benchmark BSE Sensex falling 4,354.98 points (5.51%) and the NSE Nifty 50 dropping 1,299.35 points (5.31%). Investor sentiment was dampened by rising crude oil prices, escalating inflation concerns, and geopolitical tensions in West Asia. The combined market capitalisation of India’s top 10 companies shrank by Rs 4.48 lakh crore, with HDFC Bank witnessing a decline of Rs 61,715 crore, making it one of the biggest losers.

Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey emphasized the deepening and resilience of India’s capital markets in a media briefing, even as global economic uncertainties continue to influence market dynamics. Pandey urged retail investors to avoid impulsive reactions to short-term fluctuations, emphasizing patience and long-term strategies. 

India’s basmati rice exports are expected to remain stable in the current and next financial year despite geopolitical tensions in West Asia. Export volumes are projected to grow by up to 2 percent from the 6.06 million tonnes recorded in FY25. While shipments to Iran—traditionally a major buyer—may decline due to regional uncertainties, rising demand from markets such as Saudi Arabia, Iraq, the United Arab Emirates, and Yemen is expected to offset the impact.