Category: General
GENERAL PVR Inox To Add About 100 Screens In FY26, Steps Up Renovation Push

India’s largest multiplex chain PVR Inox Ltd plans to open 90–100 new screens in FY26, followed by around 150 screens in FY27, as it sharpens focus on disciplined expansion, renovations and debt reduction. The company has earmarked a capital expenditure of ₹350–400 crore for FY27, covering new screen additions, renovations and maintenance. The expansion comes […]

CW Bureau · Feb 22, 2026
GENERAL Roadmap To Scale Up Indian Pharma Exports Beyond $30 Bn In Focus

India’s pharmaceutical exports have crossed the $30 billion milestone, prompting policymakers and industry leaders to outline an ambitious roadmap for sustained, double-digit growth in the coming years. At an industry interaction held in Ahmedabad under the Chintan Shivir series, government officials, regulators and exporters convened to deliberate on the theme “Scaling up Pharma Exports,” reinforcing […]

CW Bureau · Feb 21, 2026
GENERAL GMR Airports Focuses On Adjacency Biz, Realty Monetisation For Growth

GMR Airports Ltd (GAL) is accelerating the scale-up of its airport adjacency businesses, with duty-free, cargo and F&B segments delivering record performances even as the company prepares for its next phase of expansion and real estate monetisation. In its latest earnings call, the company said financials are now clearly reflecting the upsides from the takeover […]

CW Bureau · Feb 20, 2026
GENERAL ChrysCapital To Buy Novartis India 70.68% Equity Stake For ₹1,446 Cr

Swiss pharmaceutical major Novartis AG has entered into a definitive agreement with private equity firm ChrysCapital to divest its entire stake in its Indian subsidiary to a consortium comprising WaveRise Investments Ltd, ChrysCapital Fund X and Two Infinity Partners. On February 19, Novartis India Ltd signed a share purchase agreement to sell around 1.75 crore […]

CW Bureau · Feb 20, 2026
GENERAL Dr Reddy’s Acquires Progynova, Cyclo-Progynova For $32.15Mn

Dr Reddy’s Laboratories Ltd has made a strategic foray into the hormone replacement therapy (HRT) segment in India with the acquisition of the trademarks and related assets of specialty brands Progynova and Cyclo-Progynova from Mercury Pharma Group Limited, marking a significant expansion of its women’s healthcare portfolio. The acquisition, completed for a consideration of $32.15 […]

CW Bureau · Feb 18, 2026
GENERAL IRCTC Posts Record Q3 Profit Of ₹394 Cr, Revenue Hits All-Time High

Indian Railway Catering and Tourism Corporation Ltd (IRCTC) reported 16% increase in standalone net profit for the December quarter to ₹394 crore over the year ago period and revenue of ₹1,449 crore against ₹1,225 crore, driven by strong growth in internet ticketing, catering, Rail Neer and tourism segments. “Q3 FY26 stood out to be extremely […]

CW Bureau · Feb 18, 2026
GENERAL Swelect Energy To Form 50:50 JV With FortifyGrid For BESS Projects

Swelect Energy Systems Ltd has proposed entering into a strategic partnership with US-based FortifyGrid LLC to incorporate a joint venture company in India for the development and execution of Solar Battery Energy Storage System (BESS) projects. The proposed joint venture, which is yet to be incorporated, will have an equal shareholding structure of 50:50 between […]

CW Bureau · Feb 18, 2026
GENERAL IITM, Finnish Met Set Up VAYYU For Climate And Air Quality Research

The Indian Institute of Technology Madras has entered into a strategic partnership with the Finnish Meteorological Institute to establish VAYYU, a virtual research centre dedicated to advancing understanding of aerosol – meteorology interactions, Himalayan atmosphere–cryosphere dynamics, and urban air quality. Formalised through a memorandum of understanding signed in Chennai, the collaboration brings together IIT Madras […]

CW Bureau · Feb 16, 2026
GENERAL Adani Enterprises Arm Buys Indamer Technics To Strengthen MRO Play

Adani Enterprises Ltd (AEL) through its step-down subsidiary Horizon Aero Solutions Ltd (HASL) has completed the  acquisiton of 100% stake in Indamer Technics Pvt Ltd., marking a significant expansion of its footprint in the aircraft services and maintenance, repair and overhaul (MRO) industry. Following the buyout of shares from ITPL and its existing shareholders, Indamer […]

CW Bureau · Feb 14, 2026
GENERAL Sula’s Consolidated Q3 Net Drops To ₹9 Cr On Karnataka Destocking

Sula Vineyards Ltd, India’s largest wine producer, reported a sharp decline in consolidated net profit for the December quarter at ₹9 crore, down from ₹28 crore in the year-ago period, primarily due to a one-time destocking exercise in Karnataka. Revenue from operations fell 9.7% year-on-year to ₹196 crore. Excluding the impact of destocking, third-quarter revenue […]

CW Bureau · Feb 13, 2026