HOSPITALITY Leela Palaces Proposes To Invest ₹185 Cr In Ayodhya Hotel Subsidiary

Leela Palaces Hotels & Resorts Ltd has proposed to invest up to ₹185 crore in its subsidiary Buildminds Real Estate Pvt Ltd through subscription to Compulsorily Convertible Preference Shares (CCPS). Buildminds, incorporated on April 23, 2024, is developing an upcoming five-star hotel in Ayodhya. The investment will support its capital requirements and ongoing business operations. […]

CW Bureau · Aug 10, 2026

GENERAL GMR Airports Acquires 49% Stake In Goa Airport Advertising Venture

GMR Airports Ltd (formerly GMR Airports Infrastructure Ltd), a leading airport infrastructure company, has entered into an agreement to subscribe to up to 49% of the share capital of TIM Goa Airport Advertising Pvt Ltd (TGAAPL) for a cash consideration of ₹16.59 crore. The investment will be made through equity, loan, convertible instruments or a […]

CW Bureau · Aug 7, 2026

RETAIL/FMCG Parag Milk Okays ₹105 Cr Investment To Double Cheese Capacity By FY28

Parag Milk Foods Ltd (PMFL), a leading dairy FMCG company, has approved an investment of ₹105 crore to double its cheese manufacturing capacity to 120 tonnes per day by FY28, to be funded through a mix of internal accruals and debt. The expansion will strengthen PMFL’s position in India’s fast-growing value-added dairy segment. It forms […]

CW Bureau · Aug 7, 2026

ECONOMY Global Cos, Australian Varsity Choose TN; MoUs Create Nearly 3,000 Jobs

Tamil Nadu has sharpened its strategy of becoming India’s preferred destination for knowledge-led investments, signing a series of memoranda of understanding (MoUs) with global corporations and an international university that will bring global capability centres (GCCs), a research and development (R&D) hub, advanced manufacturing and the State’s first international university campus. The agreements, signed in […]

CW Bureau · Jul 30, 2026

AUTO Eicher Motors Approves ₹1,225-Cr Investment For Tada Plant Phase-I

Eicher Motors Ltd has approved an investment of ₹1,225 crore for Phase I of its proposed greenfield manufacturing facility at Tada in Andhra Pradesh, as it prepares to expand Royal Enfield’s production capacity to meet future demand. The Phase I investment, to be funded through internal accruals, will create an additional annual production capacity of […]

CW Bureau · Jul 29, 2026

BANKING & FINANCE Neo Group Secures ₹350 Cr In New Funding Led By Peak XV Partners

Integrated wealth and asset management platform Neo Group has signed definitive agreements to raise approximately ₹350 crore in a funding round led by Peak XV Partners, reinforcing investor confidence as the company accelerates its next phase of expansion. The latest investment marks a deeper commitment from Peak XV Partners, Neo Group’s earliest institutional investor. The […]

CW Bureau · Jul 16, 2026

INFRASTRUCTURE JSW Steel Begins Work On ₹4,500-Cr Rayalaseema Integrated Steel Plant

JSW Steel Ltd has commenced work on its ₹16,350-crore integrated steel project in the Rayalaseema region of Andhra Pradesh. The project will be implemented by JSW Rayalaseema Steel Ltd, a wholly-owned subsidiary of JSW Steel, in two phases with a total capacity of 2 million tonnes per annum (MTPA). Investment plan The first phase involves […]

CW Bureau · Jul 3, 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

GENERAL Zydus Lifesciences To Invest $20 Mn In Sri Lanka Pharma Production JV

Zydus Lifesciences Ltd, an innovation-driven global lifesciences company, has entered into a share subscription and shareholders’ agreement with Sunshine Healthcare Lanka Ltd to establish a pharmaceutical manufacturing facility in Sri Lanka with an investment of $20 million. The joint venture, Zydus Sunshine Lifesciences Pvt Ltd, will be set up at the Board of Investment zone […]

CW Bureau · Jun 26, 2026

MANUFACTURING Tube Investments, N Govindarajan To Invest ₹100 Cr In 3xper Innoventure

Murugappa group firm Tube Investments of India Ltd (TII) has entered into a supplementary agreement with 3xper Innoventure Ltd and N Govindarajan to invest ₹75 crore by TII and ₹25 crore by Govindarajan respectively, in compulsorily convertible preference shares (CCPS) of the company. TII subsidiary 3xper operates in the contract development and manufacturing organisation (CDMO) […]

CW Bureau · Apr 23, 2026

RETAIL/FMCG Baazar Style Retail Gets Fresh Capital Of ₹83 Cr From Cupid For Expansion

Cupid Ltd, a diversified healthcare and consumer products company, has invested about ₹83 crore of its total investment of ₹331.53 crore in Baazar Style Retail Ltd, one of India’s fast-growing value fashion retailers. The investment comes through the allotment of 1.01 crore warrants, convertible into equity shares, representing a 25% stake in Baazar Style, aggregating […]

CW Bureau · Apr 4, 2026

AUTO TI Clean Mobility Completes Full Acquisition Of Tivolt Electric Vehicles

Murugappa Group company TI Clean Mobility Pvt Ltd (TICMPL) has acquired the remaining three crore equity shares of Tivolt Electric Vehicles Pvt Ltd for ₹30 crore, making it a wholly owned subsidiary. TICMPL is a subsidiary of Tube Investments of India Ltd. This transaction will enable TICMPL to consolidate its holding and have better operational […]

CW Bureau · Apr 1, 2026