GENERAL Gland Pharma Partners With Neuland Labs To Expand Sterile API Capacity

Gland Pharma and Neuland Laboratories have entered into a long-term strategic contract development and manufacturing organisation (CDMO) partnership to strengthen their presence in the fast-growing sterile active pharmaceutical ingredient (API) segment. As part of the collaboration, Gland Pharma will establish a dedicated sterile manufacturing suite for APIs used in microparticle depot products at its JNPC […]

CW Bureau · Aug 5, 2026

STARTUP/TECHNOLOGY Cars24, DPIIT To Mentor Startups, Drive AI And Mobility Innovation

Cars24, India’s largest AI-native automotive ecosystem, has signed a memorandum of understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, to strengthen India’s startup ecosystem through mentorship, skilling, AI enablement and investment support. The partnership aims to nurture product startups, innovators and entrepreneurs by providing structured […]

CW Bureau · Aug 5, 2026

ECONOMY Tamil Nadu’s Fiscal Agenda Banks On Revenue Push As Deficits Stay High

Actor-turned-chief minister C Joseph Vijay-led Tamil Nadu government’s maiden Budget has projected higher revenue collections and a gradual improvement in fiscal indicators over the next two years, even as the revised Budget for 2026-27 acknowledges weaker-than-expected tax collections and a larger revenue deficit this year. The Medium Term Fiscal Plan (MTFP) lays out the State’s […]

Sajan C Kumar · Aug 5, 2026

ECONOMY TN Budget: Industry, Education Take Centre Stage; Welfare Gets A Boost

Tamil Nadu Finance Minister Dr N Marie Wilson on Wednesday presented the State Budget for 2026-27, unveiling an ambitious roadmap centred on industrial expansion, artificial intelligence, higher education, youth skilling and social welfare, while reaffirming the government’s commitment to inclusive economic growth. The Budget announced a series of initiatives aimed at attracting investments, strengthening manufacturing […]

CW Bureau · Aug 5, 2026

GENERAL India Achieves Breakthrough With Fully Decoded Pigeonpea Genome

In a major milestone for India’s agricultural biotechnology programme, the Indian Council of Agricultural Research (ICAR) has developed the country’s first fully annotated telomere-to-telomere (T2T) reference genome of pigeonpea (Cajanus cajan), a breakthrough expected to accelerate the development of high-yielding, climate-resilient and nutritionally superior pulse varieties. Pigeonpea, popularly known as tur or arhar, is one […]

CW Bureau · Aug 5, 2026

BANKING & FINANCE RBI Signals Wait-And-Watch On Rates As Food, Fuel Inflation Clouds Outlook

Reserve Bank of India (RBI) Governor Sanjay Malhotra has indicated that the central bank will refrain from any immediate policy action despite a projected rise in headline inflation, saying there is a need for greater clarity on the inflation trajectory before recalibrating interest rates. Addressing the media after the Monetary Policy Committee (MPC) meeting, Malhotra […]

Sajan C Kumar · Aug 5, 2026

BANKING & FINANCE RBI Keeps Repo Rate Unchanged At 5.25%, Retains Neutral Policy Stance

The Reserve Bank of India (RBI) on Wednesday left the benchmark repo rate unchanged at 5.25% for the second consecutive policy review, opting to balance inflation risks against a resilient domestic economy amid an increasingly uncertain global environment. The six-member monetary policy committee (MPC), chaired by RBI Governor Sanjay Malhotra, unanimously voted to maintain the […]

CW Bureau · Aug 5, 2026

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