RETAIL/FMCG Godfrey Phillips Flags Surge In Illicit Tobacco Trade After Tax Overhaul

Godfrey Phillips India, a major Indian tobacco company and an FMCG player,  has expressed concern over the sharp rise in illicit tobacco trade following the implementation of the revised indirect taxation structure on tobacco products in February 2026, saying the higher tax burden on the legal cigarette industry has produced unintended consequences. In her letter […]

CW Bureau · Jul 31, 2026

BANKING & FINANCE Federal Bank Charts Next Phase With Credit Cards, Wealth Management

Kerala-based private sector lender Federal Bank is sharpening its focus on the mass affluent segment by expanding its credit card business, wealth management offerings and specialised lending portfolio, as part of a broader strategy to emerge as one of India’s leading private sector banks. In his message to shareholders in the bank’s Annual Report 2026, […]

Sajan C Kumar · Jul 31, 2026

AUTO Minda Corporation Bets On Exports, Premiumisation To Boost Expansion

Auto components major Minda Corporation Ltd, a flagship company of  Spark Minda Group, has outlined an ambitious Vision 2030 strategy centred on exports, product premiumisation, technology leadership and new growth segments as it seeks to strengthen its position as a global mobility systems supplier. In his message to shareholders in the company’s Annual Report 2026, […]

CW Bureau · Jul 29, 2026

BANKING & FINANCE Northern Arc Capital Banks On Tech, Retail Lending And Risk Management

Northern Arc Capital is gearing up for its next phase of growth by deepening its technology-led credit ecosystem, expanding its direct-to-customer lending business and exploring new opportunities in digital distribution and wealth management. In his message to shareholders in the company’s Annual Report 2026, Managing Director & CEO Ashish Mehrotra said the company’s long-term strategy […]

CW Bureau · Jul 26, 2026

RETAIL/FMCG Eureka Forbes Sets FY30 Roadmap, To Double Revenue To ₹5,600 Cr

Health and hygiene technology products company Eureka Forbes Ltd has set an ambitious medium-term growth target of doubling its revenue and tripling its operating profit by FY30, banking on product innovation, artificial intelligence (AI), digital transformation and deeper market penetration to drive its next phase of expansion. In his message to shareholders in the company’s […]

CW Bureau · Jul 25, 2026

RETAIL/FMCG Tasty Bite Bets Big On Foodservice; Expands Cheffin, Tasty Bite Xclusive

Packaged foods maker Tasty Bite Eatables Ltd plans to strengthen its leadership in the foodservice segment while expanding its consumer-focused brands Tasty Bite Xclusive and Cheffin as part of its long-term growth strategy, Managing Director Dilen Gandh said in his message to shareholders in the company’s Annual Report 2026. The company also intends to deepen […]

CW Bureau · Jul 23, 2026

BANKING & FINANCE Aditya Birla Capital Scales Up Gen AI, Agentic AI To Boost Customer Service

Aditya Birla Capital Ltd (ABCL) is stepping up its focus on artificial intelligence, data and automation as it prepares for its next phase of growth, with the financial services major embedding AI across underwriting, sales, customer service and operations to improve efficiency, strengthen customer engagement and build a future-ready franchise. In her message to shareholders […]

CW Bureau · Jul 17, 2026

BANKING & FINANCE Suryoday SFB To Strengthen Asset Quality And Scale Digital Banking

Suryoday Small Finance Bank Ltd will intensify its focus on strengthening asset quality, expanding secured lending, scaling digital banking initiatives and improving operational efficiency as it pursues sustainable long-term growth, according to Chairman Krishna Prasad Nair. In his message to shareholders in the bank’s Annual Report 2025-26, Nair said the bank’s growth strategy will remain […]

CW Bureau · Jul 15, 2026

MANUFACTURING Chemplast Sanmar Bets On Speciality Chemicals For Next Phase Of Growth

Chemplast Sanmar Ltd will sharpen its strategic focus on speciality businesses, including Speciality Paste PVC, Custom Manufactured Chemicals (CMC) and R32 refrigerant gas, as it seeks to build market leadership and drive long-term growth despite a challenging operating environment. In his message to shareholders in the company’s Annual Report 2026, Chairman Vijay Sankar said these […]

CW Bureau · Jul 14, 2026

MANUFACTURING Coromandel Enters Consolidation Phase After ₹7,000 Cr Investment

Murugappa Group agrochemicals company Coromandel International Ltd is entering a new phase of growth focused on extracting higher value from its recent investments rather than pursuing expansion for scale alone, according to Executive Chairman Arun Alagappan. After committing nearly ₹7,000 crore towards organic and inorganic expansion between FY21 and FY26, the company is now prioritising […]

CW Bureau · Jul 2, 2026

INFRASTRUCTURE Mahindra Logistics Doubles Down On 3PL Business, Eyes High Margin Play

Mahindra Logistics is stepping up its focus on its third-party logistics (3PL) business, with the company targeting deeper customer integration, sector-specific solutions and stronger-margin offerings as it seeks to drive sustainable growth. In his message to shareholders in the company’s Annual Report 2026, Mahindra Logistics Chairman Anish Shah said Contract Logistics continues to be the […]

CW Bureau · Jun 24, 2026

BANKING & FINANCE Prudence First: TMB Targets Growth Without Compromising Asset Quality

Tamilnad Mercantile Bank (TMB) is strengthening its focus on secured lending, MSME financing and digital transformation as it pursues sustainable growth while maintaining one of the strongest asset quality profiles in the banking industry, according to the bank’s Managing Director and CEO Salee S Nair. In his message to shareholders in the Annual Report 2025-26, […]

Sajan C Kumar · Jun 18, 2026