ECONOMY Centre Releases ₹1,09,019-Cr Additional Tax Devolution To States

The Union Government has released an additional instalment of ₹1,09,019 crore in tax devolution to State Governments on October 31, over and above the regular monthly allocation. This is the second additional instalment released during the current financial year. The funds are intended to help States accelerate capital expenditure and meet development and welfare-related spending […]

CW Bureau · Oct 31, 2026

RETAIL/FMCG Associated Alcohols Unveils Arcana Tequila At ₹7,500 A Bottle In MP

Associated Alcohols & Breweries Ltd (AABL), an Indian alcoholic beverages manufacturer, has launched Arcana Tequila, a premium Blanco tequila crafted in Mexico, expanding its premium spirits portfolio and entering the tequila category in India. Priced at ₹7,500 a bottle, Arcana Tequila has initially been launched in Madhya Pradesh. The company plans to expand its availability […]

CW Bureau · Oct 29, 2026

HOSPITALITY Brigade Group Signs Agreement With Hyatt For Two Bengaluru Hotels

Brigade Group has signed management agreements with Hyatt Hotels Corporation to develop two Hyatt Regency hotels in Bengaluru, adding a combined 600 rooms to the group’s hospitality portfolio in the city. The proposed hotels will be located at Brigade Global Park and an upcoming integrated township on Whitefield-Kadugodi Road. Both projects will form part of […]

CW Bureau · Oct 26, 2026

GENERAL Paradeep Parivahan Bags 10-Year JSW Group Contract For 100 e-Trucks

Paradeep Parivahan Ltd (PPL), an integrated logistics and port services company, has secured a 10-year contract with the JSW Group to deploy and operate 100 electric trucks for industrial transportation between Nandyal in Andhra Pradesh and Vijayanagar in Karnataka. The contract marks a milestone in PPL’s growth strategy, strengthening its focus on scalable, technology-enabled and […]

CW Bureau · Oct 26, 2026

HOSPITALITY Royal Orchid Hotels Opens 117-Key Regenta Hubballi In Karnataka

Royal Orchid Hotels Ltd (ROHL), through its subsidiary Regenta Hotels Pvt Ltd, has launched its latest property, Regenta Hubballi, with 117 keys in Hubballi, Karnataka. Located in the city’s growing commercial corridor, the hotel strengthens the group’s presence in Karnataka and caters to both business and leisure travellers. Hotel targets business and leisure demand Regenta […]

CW Bureau · Sep 23, 2026

INFRASTRUCTURE KIOCL Bets On Devadari Mine, Integration Projects To Drive Growth

Kudremukh Iron Ore Company Ltd (KIOCL), which has been in existence for 50 years, is preparing to shape its next phase of growth with a focus on operational expansion, raw material security and value-added capabilities. As the company enters FY27, its strategic priorities include accelerating the operationalisation of the Devadari Iron Ore Mine (DIOM), commissioning […]

CW Bureau · Sep 10, 2026

INFRASTRUCTURE Cabinet Approves ₹10,021 Cr Railway Projects Across Four Southern States

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved five railway multi-tracking projects with a total estimated cost of ₹10,021 crore. The projects will cover 540 km across 17 districts in Tamil Nadu, Andhra Pradesh, Karnataka and Telangana, increasing line capacity and improving operational efficiency and service reliability. Five projects […]

CW Bureau · Sep 9, 2026

RETAIL/FMCG Gokaldas Exports Steps Up Capacity, Diversifies Customer Base In Big Way

Bengaluru-based Gokaldas Exports Ltd. is expanding manufacturing capacity, diversifying its customer base and strengthening vertical integration as it prepares for a gradual recovery in global apparel demand. The apparel manufacturer and exporter is commissioning new capacity in Bhopal and Karnataka and expanding operations in Kenya, with the additions expected to come on stream in the […]

CW Bureau · Sep 6, 2026

B Hindalco Commissions India’s First Superfine PPT ATH Plant In Karnataka

Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, has commissioned a greenfield Superfine PPT ATH (Precipitated Aluminium Trihydrate) plant in Belagavi, Karnataka, marking the first domestic production of the high-value specialty alumina product. The facility has an annual capacity of 30,000 tonnes and strengthens Hindalco’s Specialty Alumina portfolio while supporting the growing […]

CW Bureau · Aug 27, 2026

INFRASTRUCTURE Adani Energy Solutions Wins ₹4,700-Cr Transmission Project In Karnataka

Adani Energy Solutions Ltd (AESL) has won a ₹4,700-crore transmission project to evacuate renewable energy generated in Karnataka to major load centres in Maharashtra, while supporting the growing pumped storage ecosystem across Satara, Pune and the Mumbai Metropolitan Region. The project, named “Network Expansion Scheme in Western Region to Cater to Pumped Storage Potential near […]

CW Bureau · Aug 26, 2026

HOSPITALITY Athulya Senior Care Opens Third Geriatric Care Centre In Bengaluru

Athulya Senior Care, India’s largest assisted living provider, inaugurated its third Integrated Geriatric Care Centre in Mathikere, Bengaluru. With more than 300 dedicated senior care beds across Bengaluru, Athulya is now the city’s largest provider of integrated geriatric care. Demand for elder care rises Older adults account for 9.2% of Karnataka’s population, among the highest […]

CW Bureau · Aug 10, 2026

BANKING & FINANCE TVS Capital-Backed Saarathi Finance Opens 100th Branch In Telangana

TVS Capital-backed Saarathi Finance, an MSME-focused NBFC, has opened its 100th branch in Jagtial, Telangana. The new branch will strengthen its presence across northern Telangana. The branch will provide customer-focused financial solutions to MSMEs, entrepreneurs and small business owners in the region. Saarathi Finance commenced operations in April 2025. Focus on MSME lending The NBFC […]

CW Bureau · Aug 10, 2026