GENERAL
Maruti Suzuki To Build Osamu Suzuki Centre Of Excellence Foundation
Maruti Suzuki India Ltd has approved the incorporation of a wholly owned, not-for-profit subsidiary named the Osamu Suzuki Centre of Excellence (OSCOE) Foundation, subject to approval of the name by the Registrar of Companies. The proposed Section 8 company will focus on promoting vocational and technical skills to strengthen manufacturing excellence and encourage the adoption […]
CW Bureau
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Oct 27, 2026
BANKING & FINANCE
MCA Warns Public Against High-Return Promises By Nidhi Companies
The Ministry of Corporate Affairs (MCA) has advised the public to conduct a proper background check before making investment decisions involving Nidhi companies, particularly where unusually high returns are promised. The advisory follows the MCA’s examination of applications filed in Form NDH-4, during which it found that several Nidhi companies were not complying fully with […]
CW Bureau
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Sep 24, 2026
INFRASTRUCTURE
Indosolar To Merge With Waaree Energies Under Amalgamation Move
The boards of Indosolar Ltd, a Waaree group company, has approved a Scheme of Amalgamation with Waaree Energies Ltd aimed at consolidating their solar photovoltaic manufacturing operations. Both companies are engaged in the manufacture of solar photovoltaic modules. Indosolar, the transferor company, does not have cell manufacturing capacity and depends on Waaree Energies or other […]
CW Bureau
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Sep 23, 2026