GENERAL Mahindra & Mahindra, Manulife Incorporate Life Insurance JV Firm

Mahindra & Mahindra Ltd and Manulife Financial Corporation have incorporated their life insurance joint venture, Mahindra Manulife Insurance Ltd (MMIL), following approval from the Ministry of Corporate Affairs. MMIL has been incorporated as a 50:50 joint venture with an authorised and paid-up capital of ₹1 crore and aims to become the leading life insurance company […]

CW Bureau · May 30, 2026

GENERAL Adani Skills & Education, Gujarat Govt To Jointly Revamp 11 ITIs In Kutch

In a significant move aimed at bridging the industry-academia gap, Adani Skills & Education (ASE) formalised two Memoranda of Understanding (MoUs) with the Government of Gujarat. The partnerships seek to comprehensively transform 11 Industrial Training Institutes (ITIs) across the Kutch region through industry-linked skilling and employment-focused training frameworks. To stem migration and provide jobs The […]

CW Bureau · May 29, 2026

GENERAL IndiGo Posts ₹2,536 Cr Q4 Loss Amid Fuel Price Surge, Rupee Depreciation

InterGlobe Aviation, the parent company of budget airline  IndiGo, reported a consolidated net loss of ₹2,536 crore for the quarter ended March 31, 2026, compared with a net profit of ₹3,068 crore recorded in the corresponding quarter last fiscal, as rising fuel prices, rupee depreciation and capacity-related constraints impacted earnings. The airline said the quarter […]

CW Bureau · May 29, 2026

GENERAL Air India Earns Skytrax 4-Star Rating As Vihaan.AI Makeover Gathers Pace

Air India has secured the prestigious Skytrax 4-Star airline rating for both Business Class and Economy Class, marking a major milestone in the airline’s ongoing transformation journey under its Vihaan.AI programme. The rating upgrade from 3-Star to 4-Star reflects the airline’s large-scale transformation across fleet modernisation, customer service, onboard products, digital infrastructure, airport experience, and […]

CW Bureau · May 29, 2026

GENERAL India Decides To Focus On AI, Satellite Tech To Crack Down On Illegal Fishing

India has unveiled a roadmap for technology-driven fisheries governance, integrating Artificial Intelligence (AI), satellite communication and digital traceability systems to strengthen monitoring, control and surveillance (MCS) and combat illegal fishing activities. The roadmap was presented during a regional high-level policy meet on Artificial Intelligence in fisheries held in Mumbai. The two-day event was organised by […]

CW Bureau · May 29, 2026

GENERAL Air India Partners With Indian Army To Support Veer Naris, ASHA Schools

Air India has signed a memorandum of cooperation (MoC) with the Indian Army to strengthen training, employability and livelihood opportunities for beneficiaries from the armed forces community. The collaboration will focus on employment generation for Veer Naris (war widows) and their children, while also supporting vocational infrastructure development at Indian Army-backed ASHA Schools for specially […]

CW Bureau · May 29, 2026

GENERAL Philips, Disney Bring Immersive MRI Experience For Kids In 87 Countries

For the first time, Disney stories and characters will be integrated into Philips ambient experience for MRI at medical facilities around the world to help create calmer, more comfortable patient experiences. Royal Philips and The Walt Disney Company have partnered to integrate Disney stories and characters into Philips ambient experience for MRI systems at medical […]

CW Bureau · May 29, 2026

GENERAL Offshore Betting Tops Violative Ad Categories As ASCI Cases Surge 21%

Advertising Standards Council of India (ASCI) has revealed that offshore betting emerged as the most violative advertising category in FY26, as overall cases processed by the self-regulatory body surged 21% year-on-year amid rising concerns over misleading digital advertising and influencer-led promotions. According to ASCI’s Annual Complaints Report 2025-26, the council reviewed 11,581 cases during the […]

CW Bureau · May 28, 2026

GENERAL Lupin Gets Clean Inspection Report From US FDA For Ankleshwar Plant

Pharma major Lupin has announced that it has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (US FDA) for its Ankleshwar manufacturing facility in Gujarat following the closure of a product-specific pre-approval inspection conducted between March 2 and March 7, 2026. The receipt of the EIR marks the successful […]

CW Bureau · May 28, 2026

GENERAL ED Freezes ₹18.36 Cr, Seizes Digital Evidence In CMRL-Exalogic Probe

The Directorate of Enforcement (ED), Kochi Zonal Office, has frozen around ₹18.36 crore across nearly 242 bank accounts and seized several incriminating records, digital evidence and investment-related documents during searches linked to Cochin Minerals and Rutile Ltd (CMRL) and Exalogic Solutions Pvt Ltd. The searches were conducted on May 27 across 10 locations in Kottayam, […]

CW Bureau · May 28, 2026

GENERAL Tata 1mg Emerges EBITDA Positive In FY26, Plans Omnichannel Expansion

Tata 1mg, India’s largest integrated digital healthcare platform, has claimed that it ended FY26 as one of the only eHealth companies in India to achieve EBITDA positivity across all its established lines of business, marking a significant milestone in the company’s decade-long journey of building an integrated healthcare ecosystem. The company said the achievement underscores […]

CW Bureau · May 27, 2026

GENERAL Morepen Laboratories Q4 PAT Jumps 69%, Revenue Up 22% At ₹472 Cr

Morepen Laboratories, a vertically integrated pharmaceutical and healthcare company, reported a strong performance for Q4 FY26, with net profit rising 69% year-on-year to ₹20 crore, while gross revenue increased 22% YoY to ₹472 crore. The company said revenue growth during the quarter was driven by strong export momentum and continued expansion in its Medical Devices […]

CW Bureau · May 27, 2026