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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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IT stocks bleed as broader market rallies India's Jio-BP does not plan to raise fuel prices, CEO says Nykaa opens luxury Charlotte Tilbury flagship boutique in India Om Power Transmission IPO subscribed 46% on day 2 morning Crude surge, geopolitical tensions weigh on IT; financials, paints outperform RBI moots delay and kill switch feature to combat rising online frauds Reliance caps fuel sales at $11 per pump amid growing shortages Sanjay Khanna appointed BPCL CMD Milky Mist beats FY26 targets, IPO on track, says CEO Ola Electric hits upper circuit, closes 20% higher Eli Lilly’s Mounjaro loses ground to less-expensive semaglutide generics & innovator Novo Nordisk’s products Freshworks appoints Kuntal Vahalia Senior Vice President, Partnership Channel HRS Aluglaze bags ₹27-crore order Capri Global Capital to raise ₹500 crore through debenture issue Brand Concepts bets on premium push with Off-White entry, eyes metro expansion Skoda VW eyes 5% india market share; Taigun facelift unveiled Systematix Private Wealth aims ₹40,000-crore AUM in five years Blockchain For Impact launches $50-m innovation platform for medtech ecosystem TCS Q4 Results Highlights: IT bellwether Q4 PAT up 12% y-o-y; 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Wholeleaf eyes pan-India expansion, targets key markets this year
By Suresh P Iyengar · 2026-05-23 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Wholeleaf, a licensed pain therapeutics company, has drawn ambitious plan with expansion in Bangalore, Mumbai and Hyderabad before penetrating into other key markets in Kolkata, Ahmedabad, Goa and Chennai by end of this year.

The move is part of the company’s plan to have a pan-India presence. It plans to grow its retail footprint to about 7,000 outlets through tie-ups with mom-and-pop pharmacy stores and large retail chains such as Apollo Pharmacy, Wellness Forever, and Guardian.

Wholeleaf is one of the fastest-growing early-licensed and compliant entrants in India’s cannabinoid-based therapeutics segment.

The company’s early investments in compliance, clinical trials and approvals have shaped its long-term approach as licensed and evidence based therapeutics company.

With a growing portfolio of oral and topical formulations, the company addresses a wide spectrum of chronic pain conditions, including migraines, arthritis, fibromyalgia, menstrual pain and neuralgia.

Building on this foundation, it is now developing a pipeline of innovative solutions for chronic neuropathic pain—an area that continues to pose significant challenges for patients and clinicians alike.

Wholeleaf also follows a stringent and structured product development process involving key stakeholders, including physicians and pharmacologists. Its formulations are tested through third-party, government-certified laboratories to further ensure compliance and safety standards.

The proposed expansion strategy comes at a time when cannabinoid-based therapeutics in India are transitioning from a niche, low-awareness segment into a high-growth emerging category, with estimated growth of 20–25 per cent CAGR.

Increasing global clinical validation of cannabinoid-based therapies, coupled with the rising prevalence of lifestyle-driven conditions such as chronic pain, anxiety, and insomnia, is accelerating demand for such solutions.

Shivraj Sharma, Founder and CEO, Wholeleaf, expects strong growth in the cannabinoid-based therapeutics industry in India, driven by the increasing burden of chronic conditions and a clear need for safer, sustainable pain management solutions.

“Our expansion is focused on improving accessibility through trusted retail and medical channels, while simultaneously strengthening our digital presence to expand reach,” he said.

Published on May 23, 2026