MANUFACTURING
JSW Steel Signs MoU With POSCO; To Set Up 6-MTPA Steel Plant In Odisha
JSW Steel Ltd has entered into a Memorandum of Understanding (MoU) with POSCO Group, outlining a framework for collaboration in the steel, battery materials, and renewable energy sectors in India. The Company has also signed a joint venture agreement to develop an integrated steel plant in Odisha with an initial capacity of 5 million tonnes […]
CW Bureau
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Apr 18, 2026
HOSPITALITY
Prestige Estates To Develop ₹9,000 Cr Luxury Homes In Versova, Mumbai
Prestige Estates Projects Ltd has entered into a joint venture with Avinash Bhosale Group (ABIL Group) to develop a luxury residential project in Versova, Mumbai, through Aaramnagar Realty LLP, investing ₹180 crore to acquire a 50% stake. Strategic expansion in Mumbai Bengaluru-based Prestige Group, one of India’s leading real estate developers, is strengthening its presence […]
CW Bureau
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Apr 10, 2026
MANUFACTURING
Airfloa Eyes ₹315 Cr Income In FY26 Driven By Strong Order Pipeline
Airfloa Rail Technology Ltd, a Chennai-based engineering solutions provider, is expected to close FY26 with a topline of over ₹315 crore, reflecting a growth of nearly 64% year-on-year, supported by strong order inflows and execution across railway, defence, renewable energy and emerging segments. Strong order visibility The company continues to build momentum across railway and […]
CW Bureau
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Apr 9, 2026
HOSPITALITY
Signature Global Cuts Debt By 77% To ₹200 Cr In FY26; Bolsters Finances
Signature Global India Ltd, one of the leading real estate developers in the Delhi-NCR region, has reduced its net debt by 77% to ₹200 crore in FY26 from ₹880 crore in the corresponding period last year, marking a historic low and reinforcing its balance sheet strength. Balance sheet strengthens The company reported cash and cash […]
CW Bureau
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Apr 9, 2026
INFRASTRUCTURE
Cochin Shipyard, HBL Engg To Form JV For Electric Mobility Technology
Cochin Shipyard Ltd (CSL) plans to form a joint venture with HBL Engineering Ltd to develop electric mobility technology and energy storage solutions for the maritime sector, targeting both domestic and global markets. The proposed entity, Green Maritime Propulsion Pvt Ltd, will focus on building indigenous capabilities in sustainable propulsion systems aligned with evolving industry […]
CW Bureau
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Mar 25, 2026
MANUFACTURING
BEL Nod For 50:50 JV With SED To Make HAMMER Smart Weapon In India
Bharat Electronics Limited (BEL), a Navratna defence PSU, has approved the signing of a joint venture agreement with France-based Safran Electronics & Defence (SED) to manufacture the HAMMER (Highly Agile Modular Munition Extended Range) smart air-to-ground weapon system in India, with localisation of up to 60%. The proposed 50:50 joint venture will focus on the […]
CW Bureau
·
Feb 16, 2026
