Tata Steel faces a hefty Rs 1,755 crore mining claim, potentially impacting its finances significantly. Meanwhile, Emami is set to acquire a substantial 73.5% stake in Axiom Ayurveda, and Shree Cement plans to invest Rs 1,800 crore in a new plant in Meghalaya.

Emami expands its portfolio with the purchase of Axiom Ayurveda for INR 200 crores, marking a significant step in the ayurvedic sector. Meanwhile, Tata Motors reports a 14.5% drop in Q4 wholesales and RVNL secures an order worth INR 242 crore. Elsewhere, RBL Bank experiences a 24% rise in YoY business growth, while PNB's global business growth is at 10.8% with a CASA ratio of 73.7%. The RBI approves the sale of 74% stake to Emirates NBD.

Major FMCG companies such as Reliance Retail, Emami, and Dabur are turning to Ayurveda startups to drive growth, given the market's current sluggishness. These firms are increasingly focusing on regional and specialized Ayurvedic brands to capitalize on growing consumer interest in traditional health products.

Emami Ltd has announced the purchase of a majority stake in Axiom Ayurveda for INR 200 crores, aiming to fully own the company by June 2026. Axiom Ayurveda, a FMCG company specializing in healthy beverages, is expected to boost Emami's growth in the consumer goods sector.