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Biocon shares gain after Health Canada approval for injection used in treating bloodstream infections
Biocon gets Health Canada nod for micafungin injection, which is indicated for use in adults and children four months and older for treatment of patients with Candidemia. The market size of the said injection has not been disclosed.
Niva Bupa Health Insurance jumps 10% on posting healthy Q4 show
Niva Bupa reported net profit at ₹345.13 crore, as compared to ₹206.08 crore in the same period last year, up 67.4 per cent
Gold loans power Small Finance Banks' growth as microfinance asset quality weakens
Small Finance Banks are shifting focus to secured loans like gold loans. This move aims to stabilize their financial health and earnings. The unsecured microfinance sector continues to face high bad loan ratios. This strategic pivot is happening as regulators encourage diversification. Some larger banks are also growing their microfinance business. This change is crucial for long-term stability and growth.
Wingreens World goes for Safe Harvest via share-swap route
Wingreens World has acquired Safe Harvest in a share swap deal, marking Wingreens' fifth acquisition. The company also secured over ₹120 crore in Series D funding. Wingreens is working towards a public listing in two years. Recent months have seen significant consolidation in the consumer health and wellness sector.
IBA calls for 10 pc fermented organic manure blending with fertilizers to save $2 bn imports
The Indian Biogas Association proposes a 10% mandatory blending of fermented organic manure with chemical fertilizers by 2030, aiming to save USD 2 billion annually in imports. This initiative, detailed in a white paper, seeks to restore soil health and promote sustainable agriculture through phased implementation and integration into government schemes.
Health insurance share rises to 41% of non-life industry in FY26
Health insurance strengthened its position as the largest segment in India’s non-life insurance industry in FY26, with its share rising to 40.8% from 38.6% a year earlier. The segment grew 15.4% to about Rs 1.4 lakh crore, outpacing the overall non-life industry growth of 9.3%, which took total gross direct premium income close to Rs 3.4 lakh crore.
Zerodha’s Nithin Kamath flags ULIP, endowment traps; says health policies remain complex
Nithin Kamath highlights persistent personal finance blunders by Indians, particularly the continued uptake of ULIPs and endowment plans despite ample information. He notes a lack of innovation in these financial missteps, where insurance and investments are wrongly combined. While health insurance faces complexities, Kamath argues these bundled products are easier to scrutinize, making poor choices harder to excuse.
Niva Bupa Health Insurance Company standalone net profit rises 67.47% in the March 2026 quarter
Sales rise 29.10% to Rs 1971.95 crore
Health share in non-life industry climbs to 41% - The Times of India
Health share in non-life industry climbs to 41%The Times of India
EQT emerges sole bidder for OmniActive Health Technologies
Swedish investment powerhouse EQT is now leading the charge as the exclusive bidder for OmniActive Health Technologies, following the rejection of a competing offer from Temasek and Novo Holdings. Known for its robust presence in the nutraceutical industry, OmniActive is under the umbrella of TA Associates and has a strong export footprint in the United States.
Niva Bupa Q4 Results | Underwriting profit more than triples; gross premiums up 39%
Niva Bupa reported a 65.6% year-on-year rise in net profit for the fourth quarter at ₹341.2 crore, compared with ₹206.1 crore a year ago. Shares of Niva Bupa Health Insurance Company Ltd ended at ₹81.27, up by ₹1.22, or 1.52%, on the BSE today, May 8.
Niva Bupa Health Insurance Company Q4 Results: Profit surges 67% to Rs 345 crore
The company's total income during the quarter rose to Rs 2,078 crore against Rs 1,565 crore in the year-ago period, Niva Bupa Health Insurance said in a regulatory filing.