INFRASTRUCTURE Cabinet Approves ₹10,021 Cr Railway Projects Across Four Southern States

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved five railway multi-tracking projects with a total estimated cost of ₹10,021 crore. The projects will cover 540 km across 17 districts in Tamil Nadu, Andhra Pradesh, Karnataka and Telangana, increasing line capacity and improving operational efficiency and service reliability. Five projects […]

CW Bureau · Sep 9, 2026

INFRASTRUCTURE Cabinet Committee On Economic Affairs Clears ₹9,450 Cr Rail Projects

The Cabinet Committee on Economic Affairs has approved four multi-tracking projects of the Ministry of Railways with a total investment of ₹9,450 crore, covering 410 km across West Bengal, Odisha, Tamil Nadu and Andhra Pradesh. The projects include the Kharagpur-Bhadrak (Ranital) fourth line, Bhadrak-Haridaspur fourth line, Gummidipundi-Gudur third and fourth lines, and Cuttack-Paradeep (Badabandha) third […]

CW Bureau · Aug 20, 2026

BANKING & FINANCE TVS Capital-Backed Saarathi Finance Opens 100th Branch In Telangana

TVS Capital-backed Saarathi Finance, an MSME-focused NBFC, has opened its 100th branch in Jagtial, Telangana. The new branch will strengthen its presence across northern Telangana. The branch will provide customer-focused financial solutions to MSMEs, entrepreneurs and small business owners in the region. Saarathi Finance commenced operations in April 2025. Focus on MSME lending The NBFC […]

CW Bureau · Aug 10, 2026

RETAIL/FMCG Parag Milk Foods Elevates Rakesh Kothari As Chief Financial Officer

Parag Milk Foods Ltd (PMFL), a leading dairy FMCG company, has elevated Rakesh Kothari as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) with effect from August 6, 2026. Kothari, who has been serving as President – Finance & Accounts for the past one year, will now lead the company’s finance function. Seasoned […]

CW Bureau · Aug 7, 2026

INFRASTRUCTURE GMR’s Greenfield Vizag Airport Takes Off, AP Eyes Eastern Growth Surge

Prime Minister Narendra Modi on Saturday inaugurated the Alluri Sitarama Raju International Airport at Bhogapuram near Visakhapatnam, a greenfield airport developed by GMR Airports that is expected to transform Andhra Pradesh into a major aviation, logistics and technology hub on India’s eastern coast. Developed across 2,200 acres under the Public-Private Partnership (PPP) model on a […]

CW Bureau · Aug 1, 2026

RETAIL/FMCG LG Electronics India ₹5,000-Cr Sri City Expansion Plan Is On Track

LG Electronics India Ltd said the expansion of its upcoming ₹5,000-crore manufacturing facility at Sri City in Andhra Pradesh is progressing as planned and will play a key role in supporting its long-term growth strategy. The Sri City plant will serve as a manufacturing and export hub within LG’s global production network. The planned investments […]

CW Bureau · Jul 30, 2026

AUTO Eicher Motors Approves ₹1,225-Cr Investment For Tada Plant Phase-I

Eicher Motors Ltd has approved an investment of ₹1,225 crore for Phase I of its proposed greenfield manufacturing facility at Tada in Andhra Pradesh, as it prepares to expand Royal Enfield’s production capacity to meet future demand. The Phase I investment, to be funded through internal accruals, will create an additional annual production capacity of […]

CW Bureau · Jul 29, 2026

INFRASTRUCTURE Adani Energy Wins ₹8,500-Cr Andhra Transmission Project In Green Push

Adani Energy Solutions Ltd (AESL) has secured an inter-state power transmission project worth about ₹8,500 crore in Andhra Pradesh, marking another significant addition to its expanding transmission portfolio and strengthening infrastructure for the state’s green hydrogen ambitions. Awarded through the Tariff-Based Competitive Bidding (TBCB) mechanism, the project will create the transmission backbone required to supply […]

CW Bureau · Jul 24, 2026

INFRASTRUCTURE Suzlon Bags 201.6 MW Wind Power Order From Waaree Group In Andhra

Suzlon Ltd has secured a 201.6 MW wind energy order from Waaree Forever Energies Pvt Ltd, the Independent Power Producer (IPP) arm of Waaree Group, for a project in Andhra Pradesh. The project marks Waaree Group’s maiden wind power venture and will be executed under Suzlon’s DevCo model. Project scope Suzlon will install 64 S144 […]

CW Bureau · Jul 23, 2026

MANUFACTURING N.A.N. GreenMet To Invest ₹1,250 Cr In Integrated Rare Earth Magnet Plant

N.A.N. GreenMet Pvt Ltd, the critical minerals and advanced manufacturing platform founded by Navin Agarwal, Vice Chairman of Vedanta, has announced the launch of N.A.N. MagneTech Pvt. Ltd. to establish India’s first fully integrated high-performance Neodymium-Iron-Boron (NdFeB) rare earth magnet manufacturing facility. The company will invest around ₹1,250 crore in the first phase of the […]

CW Bureau · Jul 22, 2026

STARTUP/TECHNOLOGY HFCL Expands Optical Connectivity Capacity, Okays ₹215-Cr Data Centre

HFCL, a technology enterprise engaged in optical fibre, optical fibre cables and digital connectivity solutions, is strengthening its position in the fast-growing optical connectivity market, supported by rising investments in AI-driven data centres, cloud infrastructure, next-generation telecom networks and digital infrastructure worldwide. The company is also scaling its defence and aerospace business through indigenous technology […]

CW Bureau · Jul 22, 2026

GENERAL Snowman Logistics To Set Up 10,000-Pallet Cold Storage Unit In Hyderabad

Snowman Logistics Ltd will establish a new 10,000-pallet temperature-controlled warehouse in Hyderabad under an asset-light Built-to-Suit (BTS) model. Construction of the facility has commenced and it is expected to become operational in the second quarter of next year. The warehouse will support temperature ranges from -25°C to +20°C. Strengthening cold chain network The facility is […]

CW Bureau · Jul 15, 2026