GENERAL Aurobindo Pharma USA Gets USFTC Nod For $250-Mn Lannett acquisition

Aurobindo Pharma USA, Inc, a wholly owned subsidiary of Aurobindo Pharma Ltd, has received approval from the US Federal Trade Commission (FTC) to proceed with the acquisition of Lannett Company LLC. The transaction, valued at $250 million on a cash-free, debt-free basis and inclusive of normalised working capital, is expected to close before the end […]

CW Bureau · Jun 22, 2026

GENERAL DAE Unveils Dual Strategic Facilities To Boost Nuclear Technology Goals

In a significant step towards strengthening India’s indigenous technological capabilities and strategic materials programme, the Department of Atomic Energy (DAE) has inaugurated the Versatile Deuterated Compounds Production Plant (VDPP) and commissioned the 24 kA Prototype Sodium Cell at the Heavy Water Board Facilities (HWBF) in Vadodara. Strengthening strategic self-reliance Secretary, Department of Atomic Energy and […]

CW Bureau · Jun 21, 2026

GENERAL Air India Express Starts Navi Mumbai-Abu Dhabi Direct Flights From July 15

Air India Express has announced the launch of direct flights between Navi Mumbai International Airport and Abu Dhabi, becoming the first airline to operate international services from Maharashtra’s newest airport. The new route will provide travellers across the Mumbai Metropolitan Region with a second gateway to the UAE, enhancing accessibility, convenience and travel choices. Services […]

CW Bureau · Jun 21, 2026

GENERAL Swiss Gemmological Body Warns Trade Of Emerald Certification Fraud

The Swiss Gemmological Institute (SSEF) has issued a trade alert warning of a growing fraud in the emerald market involving gemstones that are re-treated after laboratory testing and sold with certificates that no longer reflect their actual condition. According to SSEF, some emeralds are stripped of fillers such as oil, wax or resin before being […]

CW Bureau · Jun 21, 2026

GENERAL Binny Mills Control Poised To Shift To Sisters Under Family Settlement Pact

Binny Mills Ltd has informed stock exchanges that members of its promoter family have executed a Memorandum recording a prior oral Family Arrangement (MoFA), paving the way for a significant realignment of shareholding, management and control within the company. The family settlement agreement was executed among members of the promoter family and their immediate relatives. […]

CW Bureau · Jun 20, 2026

GENERAL Sun Pharma To Acquire Innovcare For ₹271 Cr To Bolster Product Portfolio

Sun Pharmaceutical Industries has signed an agreement to acquire 100% of Mumbai-based Innovcare Lifesciences Pvt Ltd for ₹271 crore in cash, strengthening its product portfolio in the pharmaceuticals, nutraceuticals and cosmeceuticals segments. The pharmaceutical company informed stock exchanges on Saturday that the acquisition will be completed on or before July 31, 2026. The transaction is […]

CW Bureau · Jun 20, 2026

GENERAL ReadyAssist Extends Tie-Up With CRF Women On Wheels For Second Year

ReadyAssist, a leading vehicle roadside assistance and mobility solutions company, has renewed its partnership with CRF Women on Wheels for the second consecutive year, reinforcing its commitment to supporting women riders through safety, training and community-driven initiatives across India. The collaboration aims to strengthen the ecosystem for women motorcyclists through roadside assistance services, rider education […]

CW Bureau · Jun 20, 2026

GENERAL FitsAir Ahmedabad-Colombo Service Targets Travel Demand From Gujarat

Sri Lanka is set to become more accessible for travellers from Gujarat with FitsAir launching direct flights between Ahmedabad and Colombo, cutting travel time to just 3 hours and 40 minutes. The new service, introduced in partnership with Cinnamon Hotels & Resorts, City of Dreams Sri Lanka and Walkers Tours, aims to position Sri Lanka […]

CW Bureau · Jun 20, 2026

GENERAL SEBI Approves Wide-Ranging Norms Reforms Across Securities Markets

The Securities and Exchange Board of India (SEBI) has approved a series of regulatory reforms aimed at improving investor convenience, strengthening market efficiency, enhancing ease of doing business and deepening India’s capital markets. At its 214th Board meeting held in Mumbai on June 19, SEBI cleared measures spanning securities transmission, share buybacks, mutual funds, alternative […]

CW Bureau · Jun 20, 2026

GENERAL Moscow’s Primakov Readings Forum To Host 6 Indian Experts On June 23

By Venkatachari Jagannathan Six Indian experts will participate in the 12th edition of Russia’s premier Primakov Readings International Forum, themed ‘World Without Rules: Power Game?’ to be held in Moscow on June 23-24. The Indian participants are Manjit Kripalani, Director, Gateway House: Indian Council on Global Relations; Samir Saran, President, Observer Research Foundation (ORF); Shishir […]

CW Bureau · Jun 19, 2026

GENERAL Indian Pharma Firms To Gain Up To $5 Bn From Global Patent Cliff: CareEdge

Indian pharmaceutical companies are poised to benefit from a major global patent expiry cycle, with drugs generating nearly $142 billion in sales in CY25 set to lose exclusivity between 2026 and 2030, according to a report by CareEdge Ratings. The report estimates that the upcoming patent cliff could create a market opportunity of over $30-40 […]

CW Bureau · Jun 19, 2026

GENERAL Formula Karting Hosts Inaugural Drift ‘N’ Drunch Karting Cup Event In Pune

Formula Karting, a part of Prasuk Jain Hospitality, successfully hosted the inaugural edition of Drift ‘N’ Drunch Pune Karting Cup, bringing together racers, motorsport enthusiasts, families and lifestyle seekers for a two-day celebration of racing, entertainment and community engagement. The event combined the competitive action of the Pune Karting Cup Championship with the festival atmosphere […]

CW Bureau · Jun 18, 2026