MANUFACTURING Godrej Consumer Products Invests ₹250 Cr In Indonesia New Facility

Godrej Consumer Products Indonesia (GCPI), a subsidiary of India-based Godrej Consumer Products Ltd (GCPL), has inaugurated the first phase of a new manufacturing facility in Indonesia’s Kendal Special Economic Zone as part of an IDR 500 billion (about ₹250 crore) investment. The investment is aimed at strengthening GCPL’s manufacturing footprint in Indonesia and supporting both […]

CW Bureau · Oct 6, 2026

ECONOMY Keralam Launches SARAL Keralam To Fast-Track Investment Approvals

The Keralam Cabinet has approved ‘SARAL Keralam – Simplified and Accelerated Regulatory Approvals and Licenses’, a new mechanism aimed at simplifying and accelerating statutory approvals for investment projects in the State. The initiative is based on the principle of ‘One State, One Approval, One Document’ and will create a single statutory mechanism for final approval […]

CW Bureau · Sep 18, 2026

HOSPITALITY Lemon Tree Hotels Forms JV With RJ Corp For Aurika Shillong Project

Lemon Tree Hotels Ltd’s wholly owned subsidiary Carnation Hotels Pvt Ltd has entered into a Joint Venture Agreement with RJ Corp Ltd for the development and execution of the Aurika Shillong project through Arum Hotels Pvt Ltd. Arum is the special purpose vehicle formed for the project and is currently a step-down wholly owned subsidiary […]

CW Bureau · Sep 14, 2026

BANKING & FINANCE Satin Growth Alternatives Invests ₹5 Cr In Woman-Led Indic Wisdom

Satin Growth Alternatives Ltd (SGAL), the youngest subsidiary of Satin Creditcare Network Ltd (SCNL), has made its first investment of ₹5 crore from its Category II Alternative Investment Fund in woman founder-led Indic Wisdom. Indic Wisdom manufactures and distributes traditionally crafted food products, including wood-pressed oils and value-added products made from native Indian oilseeds. First […]

CW Bureau · Sep 14, 2026

GENERAL Crown Holdings Breaks Ground On $550 Mn Beverage Can Plant In UP

Crown Holdings, Inc. has broken ground on its first beverage can manufacturing facility in India, at Unnao in Uttar Pradesh, marking a major milestone in the company’s expansion into one of the world’s fastest-growing beverage markets. Announced in April 2026, the state-of-the-art facility represents an investment of $550 million and will feature two production lines […]

CW Bureau · Sep 12, 2026

BANKING & FINANCE Karnataka Bank Launches Capital Gains Account Scheme For Taxpayers

Private sector lender Karnataka Bank has launched the Capital Gains Account Scheme (CGAS), providing customers with a banking facility to deposit unutilised capital gains while planning eligible reinvestments under the provisions of the Income-tax Act. The scheme is aimed at taxpayers who have earned capital gains from the transfer of eligible capital assets but are […]

CW Bureau · Aug 28, 2026

STARTUP/TECHNOLOGY Adani Enterprises Arm AdaniConneX Buys Chandenvalle Infra For ₹536 Cr

AdaniConneX Pvt Ltd (ACX), a joint venture of Adani Enterprises Ltd, has acquired a 100% equity stake in Chandenvalle Infra Park Ltd (CIPL) from Adani Power Ltd for a cash consideration of ₹535.69 crore. The transaction has been completed and will support ACX’s plans to establish data centre infrastructure facilities, strengthening its platform for the […]

CW Bureau · Aug 28, 2026

MANUFACTURING Tata Steel Infuses ₹1,340 Cr Into Singapore Arm T Steel Holdings

Tata Steel Ltd has infused $140 million (₹1,340 crore) into its wholly owned foreign subsidiary T Steel Holdings Pte. Ltd. (TSHP), as part of its ongoing strategy to support and strengthen its international operations. The company acquired 162,03,70,371 equity shares of TSHP, each with a face value of $0.0864, for an aggregate consideration of $140 […]

CW Bureau · Aug 27, 2026

BANKING & FINANCE HSBC Consumption Fund Delivers 15.13% Return Since Inception

HSBC Mutual Fund’s HSBC Consumption Fund, an open-ended equity scheme following the consumption theme, has delivered a 15.13% return since inception under the Regular Growth Option, outperforming its benchmark, Nifty India Consumption TRI, which returned 14.81%. The fund, which completed three years since its launch in August 2023, had assets under management (AUM) of ₹1,762 […]

CW Bureau · Aug 27, 2026

GENERAL Tata Power Must Pay Over $640 Mn After Singapore Court Ruling: Kleros

Shares of Tata Power Company fell by 1.42% on the Bombay Stock Exchange to ₹365.35 after Investment company Kleros Capital Partners Ltd said the Singapore International Commercial Court has dismissed all applications filed by the former seeking to overturn arbitration awards issued in Kleros’s favour, upholding the awards as final and binding. Kleros said the […]

CW Bureau · Aug 26, 2026

STARTUP/TECHNOLOGY Hero MotoCorp To Invest ₹1,000 Cr In Ather Energy Via Preferential Issue

Hero MotoCorp Ltd has decided to invest ₹1,000 crore in Ather Energy Ltd, an associate company, through subscription to a preferential issue, strengthening its exposure to India’s growing electric two-wheeler market. Ather Energy has allotted 76,19,047 convertible warrants to Hero MotoCorp on a preferential basis at an issue price of ₹1,260 per warrant, involving an […]

CW Bureau · Aug 26, 2026

BANKING & FINANCE Bank Of America To Invest ₹18,268 Cr For 49.9% Equity Stake In Jio Credit

Bank of America Corp (BofA) has agreed to invest ₹18,268 crore in Jio Credit Ltd (JCL), a wholly owned subsidiary of Jio Financial Services Ltd (JFSL), to acquire up to 49.9% stake in the company. The investment will be through a preferential allotment of equity shares and warrants. BofA will initially acquire a 26.5% equity […]

CW Bureau · Aug 13, 2026