AUTO
Stellantis Takes Full Ownership Of India Operations, Tamil Nadu Plant
Stellantis India has acquired the remaining stake held by Hindustan Motor Finance Corporation Ltd (HMFCL), a CK Birla Group company, in Stellantis Automobiles India Pvt Ltd (SAIPL), giving the automaker full ownership of its India operations and manufacturing facility at Thiruvallur, Tamil Nadu. The transaction, funded through foreign direct investment (FDI), is expected to give […]
CW Bureau
·
Sep 21, 2026
MANUFACTURING
Adani Enterprises, IHC To Invest ₹1.08 Lakh-Cr In Odisha Aluminium Project
Adani Enterprises Ltd (AEL) and International Resources Holding (IRH), an IHC Group company, through 2PointZero, will form a 50:50 joint venture to develop an integrated greenfield aluminium project in Odisha. The proposed investment of about ₹1.08 lakh crore is expected to be Odisha’s largest foreign direct investment (FDI) proposal and India’s largest FDI in the […]
CW Bureau
·
Jul 3, 2026
BANKING & FINANCE
Emirates NBD Gets Reserve Bank Nod To Acquire Up To 74% In RBL Bank
Emirates NBD Bank PJSC has received approval from Reserve Bank of India to acquire up to 74% of the paid-up share capital in RBL Bank, marking a significant cross-border investment in India’s banking sector. As per the regulator’s communication, ENBD will be required to maintain a minimum 51% shareholding, while its voting rights will be […]
CW Bureau
·
Apr 3, 2026
