INFRASTRUCTURE Sameera Group Invests ₹150 Cr In Chennai Ind Park, Plans Expansion

Sameera Group, an integrated township developer, is entering the industrial and logistics real estate segment with a 450,000-sq-ft project in Sriperumbudur, Chennai. The Group will invest ₹150 crore in its maiden industrial and logistics park, diversifying beyond its core residential plotted development business. The facility is expected to become operational within 12 to 15 months. […]

CW Bureau · Oct 14, 2026

STARTUP/TECHNOLOGY IITM Pravartak Partners Medhastra To Develop Indigenous Defence AI

IITM Pravartak Technologies Foundation, the technology innovation hub of the Indian Institute of Technology Madras (IIT Madras), has partnered with Medhastra Techsystems Pvt  Ltd to develop indigenous artificial intelligence (AI) solutions for India’s armed forces, strengthening efforts to build domestic capabilities in strategic defence technologies. The two organisations signed a memorandum of understanding (MoU) at […]

CW Bureau · Oct 14, 2026

MANUFACTURING Airfloa Rail Tech Bags ₹34.85-Cr Vande Bharat Sleeper Design Deal

Airfloa Rail Technology Ltd, an engineering and manufacturing company serving the railway, metro, aerospace and defence sectors, has secured a ₹34.85-crore contract from Integral Coach Factory (ICF), Chennai, for the interior design of the Vande Bharat sleeper trainset. The company, in consortium with Italy-based BLUE Engineering S.r.l., will undertake the assignment as the lead consortium […]

CW Bureau · Oct 13, 2026

RETAIL/FMCG Kalyan Jewellers Revenue Up 26%, PNG Jewellers Reports 22.4% Growth

Kalyan Jewellers India Ltd and PN Gadgil Jewellers Ltd reported strong revenue growth in the second quarter of FY27, supported by healthy same-store sales, retail network expansion and contributions from their jewellery brands. Kalyan Jewellers recorded consolidated revenue growth of over 26% year-on-year, while PNG Jewellers reported 22.4% growth despite the shift in the Navratri […]

CW Bureau · Oct 9, 2026

GENERAL KICL Sponsors ‘Soles For Souls’ Marathon For Third Consecutive Year

Kothari Industrial Corporation Ltd (KICL), a diversified business group, is participating for the third consecutive year as the Platinum Sponsor of the Council for Leather Exports’ ‘Soles for Souls’ Marathon in Chennai, supporting efforts to build a healthier, safer and drug-free society. The marathon, to be held at Island Grounds, has attracted more than 10,000 […]

CW Bureau · Oct 9, 2026

AUTO RIDEV Plans To Double Chennai Hubs, Expand Fleet To 25,000 E-Scooters

RIDEV, an electric vehicle rental and leasing platform primarily serving gig workers and delivery partners, plans to double its hub network in Chennai and expand its fleet to 25,000 vehicles over the next few months. The company announced the plans while launching its third hub in Chennai and 16th overall. RIDEV’s fleet has grown from […]

CW Bureau · Oct 9, 2026

HOSPITALITY Brigade Group Plans ₹40,000-Cr Investment Over Next Three Years

Brigade Group, a diversified real estate developer, plans to invest ₹40,000 crore over the next three years to develop a pipeline of 40 million sq. ft. across its key markets as it enters its fifth decade of operations. The group, which is completing 40 years in business, has developed more than 110 million sq. ft. […]

CW Bureau · Oct 8, 2026

HOSPITALITY Indian Real Estate PE Inflows Rise 23% To $2.7 Bn In H1 FY27: Anarock

Private equity investment in Indian real estate rose 23% year on year to $2.7 billion in the first half of FY27, marking the strongest first-half inflow since H1 FY23, according to the latest FLUX report by Anarock. PE inflows stood at $2.2 billion in H1 FY26. The $2.7 billion invested between April and September 2026 […]

CW Bureau · Oct 6, 2026

RETAIL/FMCG Hettich Opens Second Exclusive Store In Chennai, Plans More Stores

Hettich, a German furniture fittings and lifestyle brand, has opened its second Hettich Exclusive (HeX) store in Chennai, expanding its experiential retail presence across South India. The new store strengthens Hettich’s customer touchpoints along South Chennai’s IT corridor. The company is also expanding its HeX network across India alongside its Experience Centres. Store showcases German-engineered […]

CW Bureau · Oct 2, 2026

HOSPITALITY Mahindra Lifespaces Adds Three Societies With ₹1,500 Cr GDV in MMR

Mahindra Lifespace Developers Ltd (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has added three societies to its residential redevelopment portfolio in Mumbai. The additions comprise two societies in a redevelopment project in Borivali and one society in an existing redevelopment project in Chembur. Together, the three projects have a potential […]

CW Bureau · Oct 1, 2026

BANKING & FINANCE CPP Investments To Invest ₹3,000 Cr In Prestige Hospitality Ventures

Canada Pension Plan Investment Board (CPP Investments) has proposed to invest ₹3,000 crore (C$441 million) in Prestige Hospitality Ventures Ltd (PHVL), the hospitality platform of Prestige Estates Projects Ltd (Prestige Group). The investment will be made in three tranches through a combination of primary infusion and secondary purchase, subject to regulatory and lender approvals, including […]

CW Bureau · Sep 29, 2026

HOSPITALITY Housing Sales Rise 3% In Top 7 Cities In Q3 2026; New Launches Jump 18%

India’s residential real estate market regained momentum in the September quarter of 2026, with housing sales across the top seven cities rising 3% year-on-year to around 1,00,220 units, according to Anarock Research. Sales stood at 97,080 units in Q3 2025. The value of housing sales also increased 2% to around ₹1.55 lakh crore in Q3 […]

CW Bureau · Sep 28, 2026