BC Sakhi Yojana Transforms Rural India: Over 50,000 Women Empowered in Uttar Pradesh

The BC Sakhi Yojana, launched by the Government of Uttar Pradesh in May 2020, is a groundbreaking initiative aimed at transforming the financial landscape of rural India. By training women as banking correspondents, the scheme bridges the gap between remote communities and formal banking services. Beyond financial inclusion, it is driving social change by empowering women to become financially independent and respected figures in their villages.

Doorstep Banking Brings Convenience to Villages

In many rural areas, accessing basic banking services often meant travelling several kilometres to the nearest branch, incurring both time and expense. The BC Sakhi Yojana changes that narrative. 

These women, now known as ‘Banking Correspondent Sakhis’, bring essential banking services directly to people’s doorsteps. From cash withdrawals and deposits to pension disbursals and balance enquiries, villagers now enjoy services once considered a luxury in their localities. This doorstep model has not only simplified access but also nurtured greater trust in formal banking channels.

Training and Eligibility for BC Sakhis

To become a BC Sakhi, candidates must meet a few basic requirements. Each aspirant must have completed at least Class 10 and possess basic computer literacy. Selected women undergo rigorous training, jointly administered by financial institutions such as Bank of Baroda, UCO Bank, and Uttar Pradesh Consultancy Organisation Ltd (UPCON).

Training is conducted through Rural Self Employment Training Institutes (RSETIs), and certification is granted by the Indian Institute of Banking and Finance (IIBF). This ensures that each BC Sakhi is fully equipped to handle financial transactions with precision and accountability.

Read More: Madhya Pradesh Releases Ladli Behna Yojana Instalment: Check Payment Status.

Women Taking Charge of Rural Banking

The scheme is far more than a financial intervention; it is a powerful instrument of social transformation. Many BC Sakhis were previously confined to domestic roles. Today, they are respected financial intermediaries and active earners. Collectively, these women have enabled transactions worth over ₹31,626 crore and have earned ₹85.81 crore in service-based incentives.

Their involvement is not only raising household incomes but also promoting digital and financial literacy within their communities. Through their day-to-day work, they are demystifying digital payments and encouraging savings, especially among women and the elderly.

Building Self-Reliant Villages Through Policy

By addressing two critical issues, employment and access to financial services the BC Sakhi Yojana is reshaping rural development. It aligns with the larger vision of ‘Atmanirbhar Bharat’ (Self-Reliant India) by nurturing self-sustaining communities where both men and women contribute to the local economy.

The model also highlights how a focused, inclusive policy can generate tangible results on the ground. From empowering over 50,000 women to processing thousands of daily transactions, the scheme serves as a blueprint for similar initiatives nationwide.

Conclusion

The BC Sakhi Yojana stands at the intersection of empowerment and inclusion. It is not just enabling financial access but transforming rural society by positioning women as catalysts of change. As the scheme continues to expand, it holds the potential to redefine village-level banking and set a benchmark for socially-driven governance models across India.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

BSE Shares Surge as SAT Cancels SEBI Penalty Over Subsidiary’s Actions

The Securities Appellate Tribunal (SAT) ruled that the Bombay Stock Exchange (BSE) cannot be held responsible for the actions of its subsidiaries. It cancelled a SEBI order that had fined BSE ₹3 lakh for supposedly breaking SECC rules through its subsidiaries’ investments.

SEBI’s Allegation Against BSE

SEBI had accused BSE of entering into businesses not related to stock exchange operations without getting SEBI’s prior approval. The issue was related to BSE’s subsidiaries making investments and holding stakes in companies like BTISPL, METSPL and BIL RFPL, which offer services unrelated to stock exchange functions.

SAT’s Reasoning and Verdict

SAT stated that neither the 2012 nor the 2018 SECC Regulations say that a stock exchange can be blamed for the activities of its subsidiaries. SEBI also failed to show any proof that BSE’s board approved or directed those investments. Therefore, SAT found BSE not guilty of any violation.

BSE’s Defence and Outcome

BSE said that the companies in question were formed even before the 2012 SECC rules existed, so the need for SEBI approval did not apply. It also mentioned it had already started selling off its stake in BIL. In the end, SAT supported BSE’s view and dismissed SEBI’s penalty.

 

Read more: BSE Share Price Hits All-Time High: Surges 78% in Just 27 Sessions.

Share Price Performance 

As of May 08, 2025, at 10:20 AM, BSE Limited share price is trading at ₹6,880 per share, reflecting a surge of 3.42% from the previous day’s closing price. Over the past month, the stock has surged by 24.23%. The stock’s 52-week high stands at ₹6,890 per share, while its low is ₹2,115 per share.

Conclusion

SAT concluded that BSE cannot be punished for actions taken by its subsidiaries, especially without clear evidence or board involvement. This decision highlights the need for regulatory clarity on how the rules apply to parent companies and their subsidiaries.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

PB Fintech’s Hospital Venture in India Secures $218 Mn Funding

PB Fintech, the parent company of India’s largest insurance aggregator, Policybazaar, has announced its entry into the country’s rapidly growing healthcare industry. The company has launched a new healthcare venture, PB Health, securing $218 million in seed funding. The move signifies PB Fintech’s strategic diversification into hospital infrastructure while leveraging its core insurance expertise.

PB Health to Establish Hospital Network in Major Indian Cities

PB Health will utilise the newly raised capital to set up four to five hospitals in and around New Delhi by 2027. The long-term goal is to create a network of 25 to 30 hospitals across ten Indian cities. PB Fintech chairman Yashish Dahiya stated that the company has invested approximately $62 million for a 26% stake in the venture. While other stakeholders were not disclosed, the seed round includes a notable $50 million contribution from Silicon Valley-based General Catalyst.

General Catalyst, known for backing Indian startups such as Cred, Spinny, and Zepto, continues to strengthen its footprint in the country. The firm recently merged with local venture capital company Venture Highway and has earmarked between $500 million and $1 billion for new investments in India.

Rising Private Investment in Indian Healthcare Sector

India’s healthcare sector has seen a significant increase in private investment. According to a joint report by EY and IVCA, there were 62 private equity and venture capital deals worth $5 billion in 2023 and 84 deals amounting to $3.2 billion in 2024. The surge reflects growing investor confidence in the sector’s potential to evolve and scale.

PB Fintech aims to address the challenge of delivering quality and affordable healthcare through the integration of insurance solutions. “Providing quality affordable healthcare in India is a complex challenge. We believe one way to tackle this issue is through the world of insurance,” said Dahiya. The company’s entry into the healthcare space is seen as a strategic expansion aligned with this vision.

Read More: PB Fintech Share Price Rises by 1.08% After RBI’s Approval for PB Pay

PB Fintech Share Performance 

As of May 8, 2025, at 11:20 AM, PB Fintech share price is trading at ₹1,670.30 per share, reflecting a surge of 1.84% from the previous closing price. Over the past month, the stock has surged by 9.03%.

Conclusion

PB Fintech’s launch of PB Health marks a significant step into India’s healthcare industry, supported by substantial investment from both domestic and international sources. With plans to build a widespread hospital network, the company aims to combine healthcare services with insurance to address the country’s growing medical needs.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

New CCI Rules Target E-Commerce, Q-Commerce: Flipkart, Blinkit for Predatory Pricing

In response to increasing concerns over predatory pricing strategies in India’s fast-growing digital retail space, the Competition Commission of India (CCI) has introduced a revised set of regulations. Effective from 7 May, the changes aim to address anti-competitive pricing tactics, especially in the e-commerce and quick commerce sectors, through an overhaul of existing cost norms first established in 2009. The move follows increasing scrutiny of ‘zero-pricing’ by Amazon, Flipkart, Zepto, and Blinkit.

Revised Cost Norms and Assessment Criteria

The newly implemented framework places average variable cost as the primary benchmark for identifying predatory pricing, providing greater clarity and consistency in the investigative process. However, recognising industry diversity and case complexities, the CCI has retained the discretion to apply alternative measures such as average total cost, average avoidable cost, or long-run average incremental cost when appropriate.

 

This overhaul addresses long-standing ambiguity in cost assessments used in anti-competitive pricing cases. The move is expected to bring more transparency and rigour to investigations involving pricing below cost, often seen as harmful to market competition.

Increased Oversight Amid Rising Complaints

The CCI’s new regulations arrive at a time when scrutiny of aggressive pricing tactics is intensifying. In March, the All India Consumer Products Distributors Federation lodged a formal complaint with the commission, seeking an inquiry into the pricing practices of major e-commerce and quick commerce platforms.

 

In addition to this case, platforms such as Zomato(ETERNAL) and Swiggy are already under investigation for alleged anti-competitive behaviour in their food delivery services. The updated norms also allow companies under investigation to challenge cost assessments by engaging independent experts at their own expense, ensuring a more balanced and fair regulatory process.

Following the CCI’s internal finding last year that e-commerce giants Amazon and Flipkart were violating competition laws by preferencing certain sellers, many sellers on these platforms filed petitions in High Courts nationwide to contest aspects of the CCI probe. The Supreme Court (SC) is currently hearing the case.

Read More: FMCG Distributors File Petition Against Quick Commerce Platforms

Conclusion

The implementation of the new regulatory framework by the Competition Commission of India marks a significant step towards monitoring and managing pricing strategies in the digital retail sector. With the digital economy continuing to grow, the updated cost norms reinforce CCI’s commitment to maintaining fair competition and addressing practices deemed predatory under the law.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

भारत में 4% नियम क्यों विफल है: यदि आप आज ₹50,000/महीना खर्च करते हैं तो 55 वर्ष की आयु में आपको कितनी आवश्यकता होगी?

4% नियम एक सेवानिवृत्ति योजना दिशानिर्देश है जो सुझाव देता है: आप यह सुनिश्चित करने के लिए अपनी सेवानिवृत्ति निधि का 4% वार्षिक रूप से (प्रत्येक वर्ष मुद्रास्फीति के लिए समायोजित) सुरक्षित रूप से निकाल सकते हैं कि आपका पैसा चले। 

यह विलियम बेंजेन, एक अमेरिकी वित्तीय योजनाकार द्वारा अमेरिकी स्टॉक और बॉन्ड रिटर्न के ऐतिहासिक डेटा के आधार पर 1994 के एक अध्ययन से उत्पन्न हुआ है। धारणा यह थी कि यदि कोई सेवानिवृत्त व्यक्ति पहले वर्ष में अपनी निधि का 4% निकालता है और राशि को वार्षिक रूप से मुद्रास्फीति के लिए समायोजित करता है, तो उनका पैसा सेवानिवृत्ति के दौरान चलने की संभावना है। 

4% नियम कैसे काम करता है इसका उदाहरण

मान लीजिए कि आप ₹10 लाख वार्षिक खर्चों के साथ सेवानिवृत्त होना चाहते हैं। 

4% नियम का उपयोग करते हुए, आपकी आवश्यक सेवानिवृत्ति निधि = ₹10 लाख ÷ 0.04 = 2.5 करोड़। 

भारत में 4% नियम अच्छी तरह से क्यों काम नहीं करता है 

  1. भारत में मुद्रास्फीति अधिक और अधिक अस्थिर है
  2. मुद्रा और जीवनशैली में बदलाव

भारत-विशिष्ट उदाहरण 

आप आज 30 वर्ष के हैं, और आपका मासिक खर्च ₹50,000 (₹6 लाख/वर्ष) है। आप 55 वर्ष की आयु में सेवानिवृत्त होना चाहते हैं, और 6% पर मुद्रास्फीति मान लेते हैं। 

55 वर्ष की आयु में, आपका वार्षिक खर्च 6% की मुद्रास्फीति दर पर आधारित होगा: 

₹25.75 लाख/वर्ष 

4% नियम का उपयोग करते हुए, आवश्यक निधि = 

निधि = ₹25.75 लाख/0.04 = ₹6.44 करोड़ 

इसलिए, आपको 4% नियम के तहत ₹25.75 लाख/वर्ष सुरक्षित रूप से निकालने के लिए सेवानिवृत्ति बचत में ₹6.44 करोड़ की आवश्यकता होगी। 

अधिकांश लोग गलती से ₹6 लाख/4% = ₹1.5 करोड़ मान लेते हैं, जो मुद्रास्फीति के कारण जल्दी खत्म हो जाएगा। 

निष्कर्ष 

4% नियम भारतीय सेवानिवृत्ति योजना के लिए बहुत सरल है। यह अनदेखा करता है: 

  • उच्च मुद्रास्फीति,
  • चिकित्सा मुद्रास्फीति,
  • कोई राज्य पेंशन या सुरक्षा जाल नहीं,
  • और अस्थिर रिटर्न पैटर्न।

इसके बजाय, भारतीयों को मुद्रास्फीति-समायोजित खर्चों और दीर्घायु के अनुरूप अधिक गतिशील निकासी रणनीति या लक्ष्य-आधारित योजना उपकरणों पर विचार करना चाहिए। 

 

अस्वीकरण: यह ब्लॉग पूरी तरह से शैक्षिक उद्देश्यों के लिए लिखा गया है। उल्लिखित प्रतिभूतियाँ केवल उदाहरण हैं और सिफारिशें नहीं हैं। यह व्यक्तिगत सिफारिश/निवेश सलाह नहीं है। इसका उद्देश्य किसी व्यक्ति या संस्था को निवेश निर्णय लेने के लिए प्रभावित करना नहीं है। प्राप्तकर्ताओं को निवेश निर्णय के बारे में स्वतंत्र राय बनाने के लिए अपना शोध और मूल्यांकन करना चाहिए। 

प्रतिभूति बाजार में निवेश बाजार जोखिमों के अधीन हैं, निवेश करने से पहले सभी संबंधित दस्तावेजों को ध्यान से पढ़ें। 

Man of the Match: Identifying the Best Performing Stocks in Your Portfolio

In every match, there’s one standout performer. This is the player who turns the tide, seizes the moment, and earns the Man of the Match. It could be a blistering knock under pressure, a five-wicket haul out of nowhere, or even a quiet, steady hand that holds the innings together.

Similarly, in your investment portfolio, not all players contribute equally. Some stocks shine during rallies, others provide stability during crashes, and a few might drag the team down.

The challenge is to identify your match-winners – that is, those stocks that consistently deliver value, outperform benchmarks, and help you chase your financial targets.

Let’s explore how you can spot these star performers in your portfolio using smart tools, solid data, and the knowledge gained by tracking markets over different trading cycles..

The Scorecard Never Lies: Evaluating Stock Performance

In cricket, performance is measured through hard stats – runs, wickets, strike rate, and economy. The scoreboard is honest, objective, and often brutal.

The same goes for investing. Emotional attachment to a stock is like sticking with an out-of-form opener because of past glory. It’s critical to evaluate sectoral performances, management quality, market volatility, and financial performance before investing in it. But beyond just price appreciation, seasoned investors look at deeper metrics like momentum, market sentiment, liquidity and capital inflows etc.

In this regard, AngelOne’s OI Profile can serve as your performance analyst for derivatives trading. OI, or Open Interest, tells you the overall market sentiment on the active contracts currently available for trading in a derivative contract. When plotted on a chart, the OI Profile reveals where active traders are taking positions, and more importantly, where smart money is flowing.

An increase in both price and open interest signals bullish strength, akin to a batsman scoring at a brisk rate with full control. If price falls but OI increases, it might be a sign of market participants having a negative outlook on the underlying asset, expecting its price to decline further or a short-selling pressure, like a batsman under siege.

In the Angel web app, you can overlay OI Profile directly on charts. This gives you real-time insight. It’s the cricket equivalent of knowing a batter’s form, fitness, pitch preference, and opponent weakness before sending them in to bat.

Strike Rate Matters: Consistent vs. Flashy Performers

Some stocks behave like a T20 finisher – volatile but capable of explosive returns. Others are like Test anchors – low-risk, consistent, and vital in the long game.

To balance your portfolio, you need both. But you also need to identify who’s doing what.

AngelOne’s Top Recommended ETFs feature can prove helpful for you here. ETFs (Exchange-Traded Funds) provide diversified exposure across sectors or indices, and the recommended list is curated by experts based on current market trends and performance data.

Think of ETFs as your all-rounders. They may not hit centuries every game, but they contribute with both bat and ball. They deliver stability, diversification, and steady returns.

The top-recommended list filters out underperformers and highlights funds that are in form. It helps you pick your team based on recent match stats rather than reputation.

Combining OI Profile (for tactical plays) with ETF recommendations (for strategic positioning) gives you a comprehensive view of your portfolio’s bench strength and star players.

Man of the Match Criteria: What to Look For

So, what really makes a stock the Man of the Match in your portfolio? Here’s what you should be looking for:

  1. Performance vs Benchmark: Is the stock consistently outperforming its index? Just like a player scoring runs on difficult pitches stands out, a stock that shines during volatility deserves attention.
  2. Volume and Participation: High trading volumes, along with increasing OI, indicate strong market participation. These are your players drawing crowds and backing from the dressing room.
  3. Contribution to Portfolio Returns: A flashy 50 might look good on the board, but if it didn’t help win the game, what’s the point? Look at which stocks are actually moving your portfolio NAV.
  4. Low Drawdown, High Recovery Rate: The best players bounce back from setbacks quickly. Great stocks show resilience—they recover quickly after dips and keep marching upwards.
  5. Sentiment and Technical Backing: A stock trending with support from technical indicators (like volume, OI, RSI) is like a batsman with home crowd advantage. Momentum + sentiment = solid innings.

Post-Match Presentation: Review and Rebalance

Every match ends with a presentation, and every quarter should end with a portfolio review. Who did well? Who needs a break? Are your sectors aligned with the macro pitch? Has your risk appetite changed?

Think like a coach. Be ruthless with underperformers and reward consistent contributors.

Final Over: Closing Thoughts

Cricket isn’t only about talent but also about reading the game, adapting to situations, and making timely decisions. Similarly, investing is a craft that rewards preparation, observation, and action.

Your portfolio already has a playing XI. The question is: Do you know who your Man of the Match is?

With AngelOne’s tools in your hand, you’re not just a spectator. You’re the selector, the captain, and the coach. And when you spot your match-winners early, you give yourself the best chance to win, not just the match, but the whole tournament of wealth creation.

Disclaimer: This blog has been written exclusively for educational purposes. http://bit.ly/usSGoH

Government Directs Telcos on Disaster Preparedness, Network Security, and Border Infra

The Department of Telecommunications (DoT) has asked all telecom operators to ensure their networks are prepared to function during disaster-level situations. This includes maintaining uninterrupted services and coordination among operators to avoid outages during emergencies.

Border Infrastructure to be Prioritised

Operators have been told to update their lists of critical telecom sites, especially in districts near international borders. A particular focus has been placed on ensuring BTS (Base Transceiver Station) locations within 100 km of the border stay operational.

Connectivity for Emergency Centres

Telecom connectivity to Emergency Operations Centres (EOCs) at both the state and district level is to be kept active without interruptions. Operators must also ensure compliance with the 2020 Standard Operating Procedures (SOP) for disaster scenarios. These SOPs outline necessary technical and operational steps to follow before, during, and after any major disruption.

Backups and On-Ground Teams

All operators have been instructed to maintain enough diesel reserves for DG sets to ensure power supply to telecom equipment. Spare parts and repair teams are to be deployed at key sites for fast recovery. Regular testing of communication equipment, backup routes, and support systems has also been mandated.

Roaming and Coordination Protocols

The functioning of the Intra-Circle Roaming (ICR) facility is to be tested by all operators. Requests for ICR activation, if needed, must be submitted to the designated official in charge of disaster management at DoT.

In cases where the Ministry of Defence requests specific communication setups, operators must arrange these without delay. DoT’s local service area heads will work with state governments to support telecom teams’ mobility during emergency situations.

Read More: Best Government Stocks in May 2025: RVNL, HAL, BEL & More Based on 5-Yr CAGR

Cybersecurity Advisories Issued Separately

The Computer Emergency Response Team (CERT-In) has issued alerts to banks and other critical sectors to strengthen their cybersecurity systems following increased threats. This is being handled alongside telecom-related measures.

Conclusion

The directives are part of a wider framework to keep telecom services functional during emergencies and reduce downtime across essential communication infrastructure. The urgency to counter emerging threats is not solely a government concern, as private industry is also actively participating in rapid response.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Coal India Signs MoU with AM Green for Renewable Power Supply

Coal India Limited (CIL) signed a non-binding Memorandum of Understanding (MoU) with AM Green Ammonia (India) Private Limited on May 7, 2025. The agreement was executed in Kolkata.

As of 9:22 AM on May 8, 2025, Coal India share price was trading at ₹390.80, a 1.96% up, the stock is down 9.40% over the past six months and 17.28% over the past year.

Power Supply for Green Ammonia Project

The MoU outlines CIL’s intent to supply renewable power to AM Green’s green ammonia production facility. The plant is proposed to be located in Kandla, Gujarat. However, the agreement also allows for the supply to other facilities if required.

The power will be sourced from Coal India’s renewable energy projects, which collectively have a planned capacity of up to 4.5 gigawatts. The agreement does not specify how much of this capacity will be allocated to AM Green but confirms the use of this portfolio for power supply purposes.

Nature of the MoU

The MoU is non-binding. It serves as an initial step towards a formal arrangement and does not include details like pricing, project timelines, or power purchase agreements. These elements will be subject to further discussions and agreements between the parties involved.

Read more: Coal India Share Price in Focus on May 8; Reports 12% Profit Growth in Q4 FY25

Green Ammonia Production

Green ammonia is produced using hydrogen generated from renewable sources. The Kandla facility aims to use renewable electricity in its operations, making energy supply a key component of the project.

Company Details

Coal India Limited is a public sector undertaking under the Ministry of Coal. AM Green Ammonia (India) Private Limited is a company focused on ammonia production using renewable resources.

Further agreements or project updates are expected as the companies move beyond the MoU stage. Specific implementation timelines have not yet been announced.

Conclusion

The MoU between Coal India and AM Green is an initial step focused on renewable power supply for a proposed ammonia plant. The agreement involves up to 4.5 GW of potential capacity and is currently at a preliminary stage with no binding terms.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Suven Pharmaceutical Changes Its Name To Cohance Lifesciences

Suven Pharmaceuticals Limited has officially changed its name to Cohance Lifesciences Limited. The change took effect on May 7, 2025, following approval from the Ministry of Corporate Affairs, Government of India. This was done as part of a Scheme of Amalgamation.

As of 9:35 AM on May 8, 2025, Suven Pharmaceuticals share price was trading at ₹1,103.50, a 2.02% increase; the stock has gained 6.27% over the past six months and 30.96% over the past year.

Updates to Company Documents

The Name Clause in the company’s Memorandum of Association has been updated to reflect the new name. All mentions of “Suven Pharmaceuticals Limited” in the Memorandum and Articles of Association now read “Cohance Lifesciences Limited.”

Exchange Formalities Underway

The company will be filing necessary applications with the BSE Limited and the National Stock Exchange of India Limited to reflect the name change in stock exchange records. Until then, it will continue to trade under the existing scrip code (543064) and symbol (SUVENPHAR).

Read more: Best Pharma Stocks in May 2025: Neuland Labs, Suven Pharma, Laurus Labs and More – Based on 5-Yr CAGR!

Business Profile

Cohance Lifesciences continues to function as a contract development and manufacturing organisation (CDMO). The company provides custom synthesis, process research and development, and commercial manufacturing services for pharmaceutical and biotech firms globally.

As per data for the twelve months ending December 2024, the consolidated revenue for the company stood at USD 318 million. The company has reported margins and return on capital over the past five years.

Recent Acquisitions

In June 2024, the company acquired Sapala, which works in oligonucleotide technology. In December 2024, it acquired NJ Bio, a company focused on antibody-drug conjugate (ADC) development. Both acquisitions were intended to expand technical capabilities in specific areas.

The company is currently involved in over 100 active projects, including a number of late-stage development molecules.

Conclusion

The change in name from Suven Pharmaceuticals to Cohance Lifesciences is now in effect. Apart from the legal and formal updates, operations, financial reporting, and existing projects continue as before.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

NLC India Forms Renewable Energy Joint Venture with APDCL

NLC India Renewables Limited (a wholly owned subsidiary of NLC India Limited) and Assam Power Distribution Company Limited (APDCL), on May 7, 2025,  officially incorporated a new joint venture company named NIRL Assam Renewables Limited. The registration was completed with the Ministry of Corporate Affairs.

As of 9:30 AM on May 8, 2025, NLC India share price was trading at ₹226.16, a 1.62% up. Over the past month, the stock has declined by 3.68%, and it is down 12.16% over the past six months.

Equity Structure and Capital Details

The joint venture has an equity split of 51:49, with NLC India Renewables Limited holding 51% and APDCL holding 49%. Shares in the company are being subscribed entirely in cash at a face value of ₹10 per share. NIRL holds the majority control in the newly formed entity.

Objectives and Operations

NIRL Assam Renewables Limited has been established to develop, operate, and maintain renewable energy projects in the state of Assam. The purpose of these projects is to meet the renewable power obligations applicable in the state.

Regulatory Approvals

Prior to incorporation, approval was obtained from the Ministry of Coal, Government of India. The approval was communicated on March 7, 2025, and included the concurrence of the Department of Investment and Public Asset Management (DIPAM) for the formation of the joint venture.

The joint venture operates in the renewable energy sector. It will focus specifically on green energy infrastructure within Assam.

Read more: NLC India’s NIRL Signed JV with Assam Power Distribution Company!

Other Details

  • The joint venture is not classified as a related party transaction.
  • The acquisition structure does not involve a share swap or merger; it is a fresh incorporation.
  • There are no historical turnover details since this is a new entity.

Conclusion

NIRL Assam Renewables Limited has been set up as a joint venture between NLC India’s renewable arm and APDCL to implement clean energy projects in Assam. With the required approvals in place and a defined ownership structure, the company will begin work on renewable power initiatives in the region.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.