AUTO Sundaram-Clayton Q1 Revenue Up 19%, Profit Flat On High Input Costs

Auto components manufacturer Sundaram-Clayton Ltd (SCL) reported a marginal increase in standalone net profit for the first quarter of FY2026-27, as higher raw material, energy and logistics costs offset the benefits of robust revenue growth. The Chennai-based manufacturer of engineered aluminium die-cast components for the automotive sector posted a standalone net profit of ₹17.04 crore […]

CW Bureau · Jul 28, 2026

BANKING & FINANCE CSB Bank’s Diversification Strategy Eyes Balanced Loan Book By 2030

Private sector lender CSB Bank is accelerating its transformation into a diversified, pan-India bank by expanding its retail, wholesale and MSME portfolios, while gold loans will continue to remain a key pillar providing stability and liquidity. The Kerala-headquartered bank is  investing heavily in technology and distribution under its long-term SBS 2030 strategy. In his message […]

Sajan C Kumar · Jul 28, 2026

INFRASTRUCTURE L&T Wins Ultra-Mega Offshore Wind Framework TenneT Deal For Europe

Engineering and infrastructure major Larsen & Toubro (L&T) has secured an ultra-mega framework cooperation agreement with Dutch-German transmission system operator TenneT for its ambitious 2 GW offshore wind programme, strengthening the Indian company’s position in Europe’s fast-growing offshore renewable energy market. The agreement, signed by an L&T-Hitachi Energy consortium, covers six projects in principle and […]

CW Bureau · Jul 28, 2026

GENERAL Cipla Gets US FDA Nod For Generic Advair Diskus; Scales COPD Portfolio

Drugmaker Cipla Ltd has received approval from the US Food and Drug Administration (US FDA) for its abbreviated new drug application (ANDA) for the generic version of Advair Diskus (fluticasone propionate and salmeterol inhalation powder) in all three dosage strengths. The approval covers 100/50 mcg, 250/50 mcg and 500/50 mcg strengths. The product is therapeutically […]

CW Bureau · Jul 28, 2026

RETAIL/FMCG Dodla Dairy Invests ₹11.6 Cr In Sids Farm For A Strategic Minority Stake

Dodla Dairy Ltd has approved a strategic minority investment of 2% in Sids Farm Private Ltd for ₹11.6 crore, marking its entry into the fast-growing premium direct-to-consumer (D2C) dairy segment even as elevated milk procurement costs weighed on its first-quarter earnings. The investment, made through a primary infusion at a pre-money valuation of ₹500 crore, […]

CW Bureau · Jul 25, 2026

AUTO New Brezza Bags 5-Star Bharat NCAP Safety Rating Ahead Of Launch

Maruti Suzuki India Ltd’s upcoming new Brezza has secured a 5-star safety rating for both Adult Occupant Protection (AOP) and Child Occupant Protection (COP) under the Bharat New Car Assessment Programme (Bharat NCAP), ahead of its market launch on July 24. The certification further strengthens Maruti Suzuki’s growing portfolio of top-rated vehicles, as the country’s […]

CW Bureau · Jul 23, 2026

AUTO Kia Brings Syros EV From ₹13.49 Lakh With Industry-First Ownership Perks

Kia India has unveiled the Syros EV, its second mass-market electric vehicle manufactured in India, at an introductory price of ₹13.49 lakh (ex-showroom) for the 42 kWh variant and ₹16.99 lakh (ex-showroom) for the 51.4 kWh Extended Range variant. The electric SUV, which will go on sale from July 30, combines a segment-leading driving range, […]

CW Bureau · Jul 23, 2026

STARTUP/TECHNOLOGY Cars24 Labs Partners Startup Policy Forum To Drive AI Innovation In India

Cars24 Labs, the artificial intelligence innovation arm of autotech platform Cars24, has partnered with the Startup Policy Forum (SPF) to promote responsible AI adoption, strengthen policy dialogue and accelerate India’s emergence as a global AI innovation hub. The collaboration brings together Cars24 Labs’ hands-on experience in building AI-powered products with SPF’s policy expertise and industry […]

CW Bureau · Jul 23, 2026

AUTO Mercedes-Benz launches AMG E 53 Hybrid 4MATIC+ In India At ₹1.45 Cr

Mercedes-Benz India has expanded its high-performance portfolio with the launch of the Mercedes-AMG E 53 Hybrid 4MATIC+, marking the debut of the brand’s first electrified AMG E-Class in the country. The luxury performance sedan is priced at ₹1.45 crore for the Performance Edition and ₹1.48 crore for the Racing Edition (ex-showroom). The launch strengthens Mercedes-Benz’s […]

CW Bureau · Jul 23, 2026

MANUFACTURING N.A.N. GreenMet To Invest ₹1,250 Cr In Integrated Rare Earth Magnet Plant

N.A.N. GreenMet Pvt Ltd, the critical minerals and advanced manufacturing platform founded by Navin Agarwal, Vice Chairman of Vedanta, has announced the launch of N.A.N. MagneTech Pvt. Ltd. to establish India’s first fully integrated high-performance Neodymium-Iron-Boron (NdFeB) rare earth magnet manufacturing facility. The company will invest around ₹1,250 crore in the first phase of the […]

CW Bureau · Jul 22, 2026

HOSPITALITY Mahindra Holidays On Track To Add 1,000 Keys In FY27 Despite Hurdles

Mahindra Holidays & Resorts India Ltd (MHRIL), the leisure hospitality arm of the Mahindra Group, has reaffirmed its expansion roadmap, saying it remains on track to add around 1,000 room keys during FY27 and has clear visibility to achieve its target of 10,000 keys by FY30, despite facing temporary execution challenges during the first quarter. […]

CW Bureau · Jul 22, 2026

RETAIL/FMCG Tira Brings Beauty Brand Dr Melaxin To India With Exclusive Launch Online

Reliance Retail’s omnichannel beauty platform Tira has expanded its international beauty portfolio with the exclusive launch of South Korean dermo-cosmetic brand Dr Melaxin in India, strengthening its presence in the country’s fast-growing premium skincare segment. The brand will be available exclusively through Tira’s online platform and select offline stores, giving Indian consumers access to one […]

CW Bureau · Jul 21, 2026