Market News
Stay updated with the latest market trends, earnings, and economic indicators.
ICMR replaces old system with single window approval for medical studies
The Indian Council of Medical Research has introduced a unified ethics approval process for multicentre medical studies, replacing the previous fragmented, site-by-site system. This significant reform aims to expedite research timelines, reduce costs, and expand participation to rural and vulnerable populations, fostering more representative and robust health policy evidence.
Eli Lilly’s obesity drug shows up to 30% weight loss in trial
Eli Lilly's new obesity drug retatrutide shows remarkable results. In a major trial, patients lost up to 30% of their body weight. This once-weekly injection targets multiple hormone receptors. The drug also improved heart health markers. Experts believe retatrutide could be a game-changer for treating obesity and improving patient health.

Stocks to Watch for May 22: LIC, ITC, Max Health, Nykaa, Tata Steel and more
From ITC reporting a 5% year-on-year increase in consolidated net profit to Sun TV Network reporting a subdued set of fourth-quarter earnings, here are some stocks to track ahead of Friday's trading session.
Medplus rises after Q4 PAT jumps 25% YoY to Rs 64 cr
Medplus Health Services (MedPlus) rose 4.22% after the company reported a 24.62% jump in consolidated net profit to Rs 63.98 crore on a 23.5% increase in revenue from operations to Rs 1,864.39 crore in Q4 FY26 over Q4 FY25.
Medplus Health zooms 11% as Q4 profit jumps 25% YoY; revenue up 24%
In the March quarter (Q4FY26), Medplus Health reported a net profit of ₹63.97 crore, as compared to ₹51.32 crore a year ago, up 24.6 per cent
Apollo Hospitals FY26 profit jumps 34% to Rs 1,942 crore on growth across core businesses
Apollo Hospitals announced robust financial results for the fourth quarter and the full fiscal year 2026. Consolidated revenue and net profit saw significant year-on-year increases. Growth was fueled by its healthcare services, diagnostics, and retail health segments. The company is expanding its bed capacity and focusing on underserved markets.
Cloudnine to acquire Apollo’s maternity chain Cradle
Cloudnine Hospitals is set to acquire Apollo Cradle and Apollo Fertility. This strategic move will create India's largest maternity and children's healthcare network. Apollo Health and Lifestyle Limited will hold a significant stake in the combined entity. The deal aims to enhance specialized healthcare access across India.
No Ebola case in India yet, centre reviews preparedness after WHO declares global health emergency
India's Health Ministry held a high-level meeting to assess preparedness for Ebola Virus Disease following a WHO declaration. Officials confirmed no cases in India and urged calm, emphasizing the nation's vigilance and readiness. States have been directed to ensure readiness at all levels, with SOPs circulated for screening, quarantine, and case management.
Looks Health Services standalone net profit declines 94.74% in the March 2026 quarter
Sales decline 69.23% to Rs 0.12 crore
Karnataka HC stays FSSAI advisory on use of Ashwagandha in major relief to US-based Kerry Inc, 7 other firms
In a significant decision, the Karnataka High Court has granted temporary relief to eight businesses, including Kerry Inc, putting a hold on a government advisory that limited the use of Ashwagandha leaves in dietary and health products. Previously, the Food Safety and Standards Authority of India had barred these leaves and their extracts.
In India’s parched heart, high power costs put cooling out of reach
India's scorching summers strain power grids, forcing costly upgrades. While cities like Nagpur manage peak demand with advanced cooling, many low-income families face unaffordable electricity bills. This forces them to endure sweltering homes, impacting health and productivity. Despite state plans for cheaper renewable energy, immediate relief for the most vulnerable remains elusive, highlighting a critical affordability gap.

Star Health to attend India Manthan Conference 2026 on May 21 - scanx.trade
Star Health to attend India Manthan Conference 2026 on May 21scanx.trade