INFRASTRUCTURE Ola Electric Powers Into Grid Storage, Signs Axis Energy Pact For 20 GWh

Ola Electric Mobility Ltd is making a major push into the utility-scale energy storage market, signing a memorandum of understanding (MoU) with Axis Energy that envisages the deployment of up to 20 GWh of battery energy storage systems (BESS) by 2032. The agreement marks the first large-scale commercial partnership for Ola Mahashakti, the company’s upcoming […]

CW Bureau · Aug 5, 2026

STARTUP/TECHNOLOGY AI Helps Developing Nations Surpass A Century Of Progress In A Decade

Artificial intelligence (AI) has the potential to compress a century of development into a decade for developing economies, provided governments move quickly to strengthen electricity access, internet connectivity, digital skills and institutional capacity, according to the latest World Development Report 2026 released by the World Bank Group. The report, titled The Promise of Artificial Intelligence, […]

CW Bureau · Aug 5, 2026

STARTUP/TECHNOLOGY EbixCash Integrates Wallet With BHIM UPI, Scales UPI Payment Capabilities

EbixCash has integrated its Prepaid Payment Instrument (PPI) Wallet with BHIM UPI, allowing its more than 14 lakh active wallet users to make UPI QR code payments directly using their wallet balance. The move is aimed at boosting customer engagement and increasing transaction volumes by making the wallet part of India’s mainstream UPI ecosystem. The […]

CW Bureau · Aug 5, 2026

AUTO Nissan Tekton Enters India Book Of Records With 60-SUV Leh Convoy

Nissan Motor India Pvt. Ltd. (NMIPL) has entered the India Book of Records after a convoy of 60 Tekton premium SUVs successfully completed a Himalayan expedition to Leh, marking the largest convoy of a single-model four-wheeler to reach Leh. The feat coincides with Nissan’s celebration of 75 years of SUV excellence and showcases the capability […]

CW Bureau · Aug 4, 2026

AUTO Uno Minda Q1 Net Profit Rises 1.7%, Revenue Jumps 23.8% To ₹5,557 Cr

Auto components major Uno Minda Ltd reported a 1.7% year-on-year (YoY) rise in consolidated net profit to ₹296 crore for the first quarter of FY27, while revenue surged 23.8% to a record ₹5,557 crore, driven by broad-based growth across its core product portfolio and new-age mobility businesses. The company had posted a consolidated net profit […]

CW Bureau · Aug 4, 2026

AUTO Yamaha Revives MotoGP Editions Of R15 V4, MT-15 On Customer Demand

India Yamaha Motor Pvt Ltd has reintroduced the Monster Energy Yamaha MotoGP Edition for its popular R15 V4 and MT-15 Version 2.0 motorcycles, responding to strong customer demand for its racing-inspired models. The company has also refreshed its FZ portfolio with new colour options for the 2026 FZ-S Fi Hybrid and FZ-S Fi Standard, aiming […]

CW Bureau · Aug 4, 2026

AUTO Hyundai Motor India Rolls Out 60% Assured Buyback For Creta Electric

Hyundai Motor India Ltd (HMIL) has rolled out an assured buyback programme for the Hyundai Creta Electric, offering customers a 60% assured buyback value after three years or up to 45,000 km, in a move aimed at addressing one of the biggest concerns among prospective electric vehicle (EV) buyers, the resale value. The initiative is […]

CW Bureau · Aug 4, 2026

AUTO Indofast, Zeon Charging Partner To Expand Battery Swapping In South

Battery-swapping solutions provider Indofast Energy has partnered with charge point operator Zeon Charging to expand its battery-swapping infrastructure across premium commercial and transit locations in Southern India, beginning with Bengaluru. Under the partnership, Indofast Energy will deploy its Quick Interchange Stations (QIS) across Zeon Charging’s network of premium sites, including shopping malls, metro parking facilities […]

CW Bureau · Aug 4, 2026

INFRASTRUCTURE L&T Wins Ultra-Mega Offshore EPCIC Order From UAE’s ADNOC Offshore

Larsen & Toubro’s hydrocarbon offshore business has secured an ultra-mega order from ADNOC Offshore for a major offshore energy project in West Asia, further strengthening the engineering conglomerate’s presence in one of its key international markets. The contract, classified by L&T as an ultra-mega order, valued at more than ₹15,000 crore under the company’s order […]

CW Bureau · Aug 4, 2026

GENERAL Aurobindo Pharma Bets On Specialty Drugs, Biosimilars For Next Expansion

Aurobindo Pharma Ltd is doubling down on high-value specialty medicines, biosimilars and complex formulations while strengthening its manufacturing footprint and supply chain resilience as it charts its next phase of global growth. In his message to shareholders in the company’s Annual Report 2026, Vice Chairman & Managing Director K. Nithyananda Reddy said the company will […]

CW Bureau · Aug 4, 2026

AUTO Hyundai To Nearly Double Pune Plant Capacity To 3.2 Lakh Units In Phases

Hyundai Motor India Ltd (HMIL) plans to nearly double the production capacity of its recently commissioned Pune manufacturing facility to 3.2 lakh units in phases from the current 1.7 lakh units, reinforcing its manufacturing footprint and export ambitions from India. The expansion plan, outlined by HMIL Managing Director & CEO Tarun Garg in the company’s […]

Sajan C Kumar · Aug 4, 2026

AUTO Ashok Leyland’s July Sales Rise 30%, M&HCV Truck Volumes Drive Growth

Ashok Leyland posted a robust 30% year-on-year growth in total vehicle sales (domestic and exports) in July 2026, driven by strong demand for medium and heavy commercial vehicle (M&HCV) trucks and light commercial vehicles (LCVs). The Hinduja Group flagship sold 19,590 vehicles in July, compared with 15,064 units in the corresponding month last year. Cumulative […]

CW Bureau · Aug 3, 2026