RETAIL/FMCG Allied Blenders & Distillers Approves ₹115 Cr Investment In Malt Distillery

Allied Blenders and Distillers Ltd, a leading spirits company, has approved an additional capital contribution of ₹115 crore in its subsidiary Minakshi Agro Industries LLP (MAILLP) to establish a malt distillery and maturation warehouse at Aurangabad. The investment, which will be made in one or more tranches, will support a malt distillery with a capacity […]

CW Bureau · Sep 11, 2026

INFRASTRUCTURE Bharat Petroleum Corpn Charts Growth Path Amid ₹3,962-Cr Q1 Loss

Bharat Petroleum Corporation Ltd (BPCL) reported a challenging first quarter of FY27, with a loss of ₹3,962 crore as elevated crude prices, driven by geopolitical tensions in the Middle East, and compressed marketing margins weighed on performance. The volatility highlighted the need for an integrated, diversified and resilient business model, while rising energy demand, increasing […]

CW Bureau · Aug 28, 2026

HOSPITALITY Puravankara Signs ₹1,100-Cr JDA For 7.83-Acre South East B’luru Project

Puravankara Ltd, a leading real estate developer, has entered into a joint development agreement for a 7.83-acre land parcel in South-East Bengaluru, with an estimated gross development value of ₹1,100 crore and a saleable area of 0.89 million sq. ft. The residential project will strengthen Puravankara’s presence in an established South Bengaluru corridor and marks […]

CW Bureau · Aug 25, 2026

RETAIL/FMCG Vintage Coffee To Up Freeze-Dried Coffee Capacity To 16,500 Tonnes

Vintage Coffee and Beverages Ltd is expanding its freeze-dried coffee capacity by 5,500 tonnes per annum, taking total installed capacity to 16,500 tonnes from the current 11,000 tonnes. The company has secured land from the Telangana Government under the Food Processing Zone. It has also paid substantial advances to equipment suppliers and started construction. Expansion […]

CW Bureau · Aug 11, 2026

BANKING & FINANCE Muthoot Finance Sets FY27 Priorities On Gold Loans, Diversification

Muthoot Finance Ltd, one of India’s leading gold financing companies, will focus on deepening its gold loan franchise while scaling non-gold lending businesses in FY27, with asset quality and capital adequacy remaining key priorities. “We will deepen the gold loan franchise and continue to acquire customers at pace. We will scale our non-gold lending lines, […]

CW Bureau · Aug 8, 2026

RETAIL/FMCG Senco Gold Expands AI Push, Targets 20% Revenue Growth In FY27

Senco Gold Ltd, a leading jewellery retailer, has accelerated the adoption of advanced technologies across design, sourcing, supply chain management and e-commerce as it sharpens its focus on digital customer engagement and operational efficiency. “The biggest transition has been in the digital space, with the brand moving into the AI-aided customer experience journey,” said Chairperson […]

CW Bureau · Aug 7, 2026

MANUFACTURING Jindal Worldwide Lines Up ₹650-Cr Rights Issue, To Be Debt-Free By FY27

Jindal Worldwide Ltd, a leading integrated textile company, has approved raising up to ₹650 crore through a rights issue as part of its plan to strengthen the balance sheet and become debt-free by FY27. The company said the fund raise marks a pivotal step in its growth journey and is aimed at reducing debt, improving […]

CW Bureau · Aug 7, 2026

BANKING & FINANCE IndusInd Bank Charts Three-Year Growth Plan, Target 1% RoA Exit

Private sector lender IndusInd Bank has outlined a three-year transformation roadmap aimed at strengthening its franchise, accelerating growth and building leadership across key business segments. The strategy begins with restoring the bank to industry-aligned growth and achieving an exit Return on Assets (RoA) of 1% in FY27, before focusing on scaling operations in the second […]

CW Bureau · Aug 6, 2026

STARTUP/TECHNOLOGY Coforge Sees AI Driving Next Phase Of Growth, Order Book Hits $1.75 Bn

Technology services company Coforge Ltd. expects artificial intelligence-led engineering and outcome-based delivery models to drive its next phase of growth, supported by a record order book of $1.75 billion and the acquisition of Encora. “The technology services industry is shifting from a scale-of-people business to a scale-of-intelligence business. Our clients are no longer buying effort; […]

CW Bureau · Aug 3, 2026

BANKING & FINANCE India’s Life Insurance New Business Premiums Increase 16.6% In Q1 FY27

India’s life insurance industry posted a strong start to FY27, with new business premiums (NBP) rising 16.6% year-on-year (y-o-y) in the first quarter, driven by robust growth in private insurers, which continued to expand their market share amid sustained demand for retail protection and long-term savings products, according to a CareEdge Ratings report. The industry’s […]

CW Bureau · Jul 10, 2026

AUTO Apollo Tyres Sets Aside ₹3,500-Cr Capex For FY27 Expansion

Apollo Tyres Ltd has outlined a capital expenditure plan of ₹3,500 crore for FY27, of which ₹3,000 crore has been earmarked for expanding truck and passenger vehicle tyre manufacturing capacities in India. “For FY27, we have outlined a capex of ₹3,500 crore, with nearly 80% towards growth and capacity expansion projects. Close to ₹3,000 crore […]

CW Bureau · May 18, 2026