GENERAL
Stone For ₹15,803-Cr AMCA Facility To Be Laid At Puttaparthi On May 15
In a major step towards strengthening India’s indigenous defence and aerospace capabilities, the Union defence minister Rajnath Singh will lay the foundation stone for the Advanced Medium Combat Aircraft (AMCA) programme facility at Puttaparthi in Sri Sathya Sai district of Andhra Pradesh on May 15, 2026, alongside Andhra Pradesh Chief Minister N Chandrababu Naidu. The […]
CW Bureau
·
May 14, 2026
GENERAL
Air India Curtails Select International Services Amid Operational Hurdles
Air India has announced a temporary rationalisation of services on select international routes between June and August 2026, citing continued airspace restrictions across certain regions and record-high jet fuel prices for overseas operations. The airline said the extraordinary operating environment has affected the commercial viability of some planned services. The Tata Group-owned carrier said the […]
CW Bureau
·
May 13, 2026
GENERAL
CCMB Scientists Uncover Molecular Traps Used By Plants Against Viruses
Scientists at CSIR-Centre for Cellular and Molecular Biology (CCMB) have uncovered a crucial plant defence mechanism that helps plants fight viral infections using liquid-like sticky protein droplets that trap and disable invading viruses. The breakthrough study, led by Dr Mandar V. Deshmukh and published in the Journal of the American Chemical Society (JACS), provides a […]
CW Bureau
·
May 13, 2026
GENERAL
Crown Worldwide Opens Coimbatore Mega Facility, Boosts India Footprint
Hong Kong-based Crown Worldwide Group, a privately owned logistics company, has strengthened its India presence with the launch of a new integrated facility in Coimbatore, underlining the company’s long-term commitment to one of its fastest-growing global markets. Spread across a 4.5-acre site, the new facility is designed to support the growing demand for storage, information […]
CW Bureau
·
May 12, 2026
GENERAL
United Spirits Revises RCB Stake Sale Agreement After Investor Rejig
United Spirits Ltd has amended its share purchase agreement relating to the proposed stake sale in Royal Challengers Sports Pvt Ltd (RCSPL), the owner of the Royal Challengers Bengaluru franchise, following a reorganisation of investor entities within the buying consortium. The company said an amended and restated share purchase agreement (A&R SPA) was executed on […]
CW Bureau
·
May 12, 2026
GENERAL
Bajaj At 100: How An Indian Family Business Became A Global Force
From India’s freedom movement to becoming a global industrial powerhouse, the century-long journey of the Bajaj Group was celebrated in Mumbai with tributes pouring in from political leaders, industry veterans and the Bajaj family itself, all underlining the conglomerate’s enduring role in shaping India’s economic story. The diversified group, valued at nearly $148 billion by […]
CW Bureau
·
May 11, 2026
GENERAL
Sunil Mittal Calls For Bigger India Bets After Receiving CII Lifetime Award
Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, has been conferred with the CII President’s Award for Lifetime Achievement in recognition of his contribution to India’s economic growth, entrepreneurship and nation-building. Accepting the honour, Mittal said the recognition held special significance due to his long association with the Confederation of Indian Industry (CII), where […]
CW Bureau
·
May 11, 2026
GENERAL
PVR INOX Swings To Record Profit In FY26 As Box Office Hits New Highs
Leading multiplex chain PVR INOX reported a sharp turnaround in profitability during FY26, supported by record box office collections, rising footfalls, higher spending per customer and aggressive debt reduction, as the multiplex operator strengthened its balance sheet and accelerated its shift toward a capital-light growth strategy. The company posted a profit after tax (PAT) of […]
CW Bureau
·
May 11, 2026
GENERAL
Air India Makes Flying More Fun For Kids With Launch Of Cloud Chasers
Air India has launched Cloud Chasers, a new child-focused travel programme aimed at enhancing the flying experience for families as the airline looks to strengthen customer engagement amid rising family travel demand. The initiative brings together Air India’s child-centric products and services under a single platform while introducing a playful new avatar of the iconic […]
CW Bureau
·
May 11, 2026
GENERAL
Medi Assist Registers 25% Revenue Growth In FY26, Emerges Debt-Free
Medi Assist Healthcare Services has reported a strong FY26 performance, driven by robust growth in its core third-party administration (TPA) business, rapid expansion of its technology platforms, and increasing adoption of AI-powered healthcare claims solutions. The company posted operating revenue of ₹904.8 crore in FY26, marking a 25.1% year-on-year growth. Its core TPA business grew […]
CW Bureau
·
May 11, 2026
GENERAL
Urban Company Becomes Profitable Overseas, Expands Instant Services
Urban Company has reported strong operational momentum across its core business, international markets and emerging verticals, while sharply increasing investments in its quick-service platform InstaHelp as the company pushes for long-term market leadership. Speaking during the company’s earnings call, co-founder and CEO Abhiraj Singh Bhal said four major developments defined Urban Company’s current growth trajectory […]
CW Bureau
·
May 11, 2026
GENERAL
Swiggy Sees Affordability As Biggest Trigger For Food Delivery Expansion
Swiggy is doubling down on affordability in food delivery while sharpening differentiation in quick commerce, as the company looks to strengthen its long-term growth strategy amid rising competition across digital consumption segments. In his latest letter to shareholders, Swiggy Co-founder & MD, Sriharsha Majety said affordability is emerging as the single biggest growth lever for […]
Sajan C Kumar
·
May 10, 2026