Tag: chennai
RETAIL/FMCG Odette Charts Path To ₹300 Cr As South Fuels Fashion Retail Growth

Fashion and lifestyle retailer Odette is targeting revenue of ₹250 crore in FY27 and expects to cross the ₹300 crore milestone within the following 12-18 months, driven by aggressive retail expansion, omnichannel investments and a sharper focus on trend-led product innovation. The company, founded by Mamta Roy, has carved out a niche in India’s competitive […]

CW Bureau · Jul 21, 2026
STARTUP/TECHNOLOGY Zoho Launches AI-Led Classes 2.0, Offers Free LMS To Govt Campuses

Chennai-headquartered technology company Zoho has launched Zoho Classes 2.0, an artificial intelligence-powered academic Learning Management System (LMS), offering the platform free of product licensing costs to all Central and state government schools, colleges and universities in India. The platform, developed in India and designed for educational institutions globally, will be rolled out first in the […]

CW Bureau · Jul 15, 2026
HOSPITALITY Spice Lounge Brings Wing Zone To India, Plans Nationwide Expansion

Spice Lounge Food Works Ltd has secured the exclusive Master Franchise rights for Wing Zone, the internationally recognised American quick service restaurant (QSR) chain, marking its entry into India’s fast-growing premium chicken QSR segment. The partnership gives Spice Lounge Food Works exclusive responsibility for developing the Wing Zone brand in India, managing restaurant operations, overseeing […]

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
STARTUP/TECHNOLOGY LatentView Analytics Appoints Sudha Sankaran As Independent Director

AI-driven analytics, data engineering and consulting firm LatentView Analytics has appointed finance leader Sudha Sankaran as an Independent Director on its Board, strengthening its corporate governance as the company expands its global analytics and AI-led consulting business. In her new role, Sudha Sankaran will provide strategic oversight on corporate governance, financial strategy and operational excellence […]

CW Bureau · Jul 13, 2026
MANUFACTURING Polymatech Expands Upstream Chip Manufacturing With Chennai Facility

Polymatech Electronics has commissioned a sapphire ingot crystal-growth puller at its Oragadam campus in Chennai, marking a significant step in expanding its upstream semiconductor materials capabilities and advancing its strategy of end-to-end vertical integration. The new facility, located at the company’s campus in the SIPCOT Hi-Tech Special Economic Zone (SEZ), is expected to strengthen Polymatech’s […]

CW Bureau · Jul 7, 2026
INFRASTRUCTURE Hitachi Energy India To Invest ₹1,000 Cr In TN, Create 1,000 Technical Jobs

Hitachi Energy India has signed a memorandum of understanding (MoU) with the Government of Tamil Nadu to invest approximately ₹1,000 crore over the next three to five years to expand its manufacturing and research capabilities in the state. The MoU was signed in the presence of Tamil Nadu Chief Minister C. Joseph Vijay. The proposed […]

CW Bureau · Jul 7, 2026
STARTUP/TECHNOLOGY Garuda Aerospace Partners Micron Instruments To Make Defence Drones

Indian cricketer M.S. Dhoni backed drone startup Garuda Aerospace has signed a Memorandum of Understanding with Micron Instruments Pvt. Ltd. to jointly develop next-generation defence drones and unmanned systems. Micron Instruments is an Indian manufacturer of precision fuzes, defence ammunition systems and critical military components. Focus on indigenous systems Under the agreement, the two companies […]

CW Bureau · Jul 4, 2026
HOSPITALITY Mahindra Lifespaces Eyes 75% Sales From Sustenance Projects In 5 Years

Mahindra Lifespaces Developers Ltd expects a healthy pipeline of launches over the next five years while increasing the contribution of sustenance projects to overall sales, said its Managing Director & CEO Amit Kumar Sinha. “Our goal is to increase sales from sustenance projects. This year, 60% of our sales came from new launches and 40% […]

CW Bureau · Jun 30, 2026
MANUFACTURING Rane (Madras) Buys HCL’s Friction Business In A Slump Deal Of ₹370 Cr

Rane (Madras) Ltd (RML) has signed an agreement to acquire the friction business of Hindustan Composites Ltd (HCL) on a slump sale basis for an enterprise value of ₹370 crore, a move that will significantly strengthen its presence in India’s friction materials market. The acquisition will combine two established businesses to create a friction solutions […]

CW Bureau · Jun 30, 2026
HOSPITALITY Athulya Opens Maiden & Exclusive Geriatric Hospital In Chennai

Athulya Senior Care, India’s largest senior care operator, has opened its first exclusive hospital for senior citizens in Chennai, strengthening its integrated elder care ecosystem spanning hospital care, assisted living and home care. The 60-bed Athulya Geriatric Care Hospital at Valasaravakkam was inaugurated by Tamil Nadu Governor Rajendra Viswanath Arlekar. The facility offers specialised geriatric […]

CW Bureau · Jun 28, 2026
MANUFACTURING TVS SCS Enters Aerospace & Defence Supply Chain Market Through ALA JV

TVS Supply Chain Solutions Ltd (TVS SCS), the Chennai-headquartered global supply chain solutions provider and part of the TVS Mobility Group, has formed a joint venture with Italy-based aerospace and defence supply-chain integrator ALA Group to tap opportunities in India’s $28 billion rapidly growing aerospace and defence sectors. Under the agreement, TVS SCS will hold […]

CW Bureau · Jun 4, 2026