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 Sterling Holiday Resorts Opens 26-Room Wildlife Resort In Bandhavgarh

Sterling Holiday Resorts Ltd (SHRL), a leisure and hospitality company, has opened Sterling Bandhavgarh in Madhya Pradesh, expanding its presence across Central India’s wildlife destinations and strengthening its wilderness tourism portfolio. Located in Tala village, about 2.5 km from the Tala Gate of Bandhavgarh Tiger Reserve, the resort has 26 rooms across four categories. The […]

CW Bureau · Oct 26, 2026

ECONOMY NABARD Invests ₹4 Cr In NSDC’s Social Stock Exchange ZCZP Issue

The National Bank for Agriculture and Rural Development (NABARD) has fully subscribed to the ₹4 crore maiden Zero Coupon Zero Principal (ZCZP) issue of the National Skill Development Corporation (NSDC) on the National Stock Exchange’s Social Stock Exchange (SSE), supporting a programme to create overseas employment opportunities for 600 rural youth belonging to Other Backward […]

CW Bureau · Oct 15, 2026

INFRASTRUCTURE Cabinet Nod For ₹10,783 Cr Railway Projects Across Five Eastern States

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved three railway multi-tracking projects with a total estimated cost of ₹10,783 crore. The projects will add about 656 km to the Indian Railways network across 14 districts in West Bengal, Jharkhand, Odisha, Madhya Pradesh and Chhattisgarh. The capacity enhancement is expected […]

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

INFRASTRUCTURE CG Power Rolls Out First Transformer From ₹2,000 Cr Sehore Facility In MP

Murugappa Group’s CG Power and Industrial Solutions Ltd. has rolled out the first power transformer from its new greenfield manufacturing facility at Sehore in Madhya Pradesh. Spread across 50 acres, the facility is India’s largest single-location power transformer manufacturing plant, designed to produce 220 kV to 1,200 kV class power transformers. Facility targets global power […]

CW Bureau · Sep 4, 2026

INFRASTRUCTURE Brahmaputra Infrastructure Targets ₹2,500 Cr Order Book By FY27

Brahmaputra Infrastructure Ltd is targeting an order book of around ₹2,500 crore by the end of FY27, as it expands its project pipeline beyond the North-East and increases its presence across multiple States. The company’s consolidated order book, including its joint ventures and joint operations, stood at ₹1,600 crore as of August 2026 after accounting […]

CW Bureau · Sep 4, 2026

RETAIL/FMCG United Breweries Expands Heineken Silver Brand To Three More States

United Breweries Ltd, part of the Heineken company, has expanded Heineken Silver across Kerala, Odisha and Madhya Pradesh, building on the brand’s momentum in markets where it is already available. The expansion comes amid growing consumer demand for premium and international beer experiences, with consumers increasingly seeking products that combine quality, refreshment and distinctive taste. […]

CW Bureau · Aug 25, 2026

RETAIL/FMCG Strategic Land Play: Prataap Snacks To Buy RLOP Food In ₹16.5-Cr Deal

Prataap Snacks Ltd has approved the acquisition of 100% equity stake in RLOP Food Processing Pvt Ltd for a cash consideration of up to ₹16.5 crore, as the snacks maker looks to secure land for its proposed greenfield manufacturing facility. The company’s Board has cleared the acquisition of the entire issued, subscribed and paid-up share […]

CW Bureau · Aug 2, 2026

HOSPITALITY Lemon Tree Hotels Signs New 51-Room Keys Select Property In Ujjain

Lemon Tree Hotels Ltd, a leading hospitality company, has signed Keys Select by Lemon Tree Hotels, Ujjain in Madhya Pradesh. The property will be managed by its wholly owned subsidiary, Carnation Hotels Pvt Ltd. Strategic expansion The signing takes the group’s portfolio in Madhya Pradesh to 15 properties, including three operational hotels and 12 upcoming […]

CW Bureau · Jul 28, 2026

INFRASTRUCTURE ITI Wins ₹856-Cr BSNL Order For 4G Network Expansion In West Zone

ITI Ltd, a public sector telecom manufacturing company, has secured a work order worth ₹856.39 crore from Bharat Sanchar Nigam Ltd (BSNL) for the expansion of its 4G mobile network in the West Zone. The order covers planning, engineering, supply, installation, testing and commissioning of the 4G mobile network on a turnkey basis across 7,613 […]

CW Bureau · Jul 16, 2026