MANUFACTURING
Airfloa Rail Technology Acquires KIN Railway Equipment Unit For ₹48 Cr
Airfloa Rail Technology Ltd, an engineering and manufacturing company serving the railway, metro, aerospace and defence sectors, has entered into a Memorandum of Understanding (MoU) with KIN Railway Equipment Pvt Ltd to evaluate the acquisition of KIN’s business for ₹48 crore. The proposed transaction will be structured either as a slump sale or an asset […]
CW Bureau
·
Sep 14, 2026
MANUFACTURING
UCAL Targets Tech-Led Growth As Mobility Landscape Evolves
UCAL Ltd is focusing on product diversification, advanced manufacturing, electronics and technology-led engineering solutions to strengthen its position across the global automotive, industrial and manufacturing sectors. The company is leveraging its four decades of engineering expertise, manufacturing capabilities and customer relationships to expand into a technology-driven engineering solutions business. New products drive growth “The future […]
CW Bureau
·
Aug 31, 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
MANUFACTURING
Greaves Cotton Acquires Remaining 20% Stake In Excel Controlinkage
Greaves Cotton Ltd, a leading diversified engineering company, has acquired the remaining 20% stake in Excel Controlinkage Pvt Ltd through the secondary route, making the company a wholly owned subsidiary. The acquisition was completed on August 13, 2026, taking Greaves Cotton’s aggregate shareholding in Excel Controlinkage to 100%. Deal completes 2023 acquisition The transaction completes […]
CW Bureau
·
Aug 17, 2026
GENERAL
Adani Group’s Vande Bharatam Picks 1st Cohort From 26,000 Applications
Adani Group’s Vande Bharatam, the grassroots innovation and entrepreneurship, has selected its inaugural cohort from more than 26,000 applications across India. The cohort brings together innovators from diverse regions and backgrounds with a focus on solving national challenges and building enterprises with wider impact. Initiative seeks to widen access Vande Bharatam is built on the […]
CW Bureau
·
Aug 9, 2026
AUTO
One In Three Bajaj Vehicles Is Electric, Says Rajiv Bajaj On The EV Revolution
Electric vehicles now account for 30% of Bajaj Auto’s domestic sales, with one in every three Bajaj vehicles sold in India being electric, Managing Director Rajiv Bajaj said, underlining the company’s rapid transformation into one of India’s leading electric mobility players. Addressing the fifth annual convocation of Mahindra University, Bajaj said speed, innovation and decisive […]
CW Bureau
·
Aug 6, 2026
MANUFACTURING
L.T Elevator Enters Global Automated Parking Space With DYPC Acquisition
L.T Elevator Ltd has signed a Share Purchase Agreement to acquire Seoul-based DYPC Inc. (Dongyang PC Inc.), marking its entry into the global automated parking technology business. The company will acquire a 66.45% stake in DYPC at a consideration of $2.85 per share. It will also acquire and cancel 5 lakh equity shares held by […]
CW Bureau
·
Aug 5, 2026
STARTUP/TECHNOLOGY
Cars24 Processes Over 1.1 Trillion AI Tokens In Q1, Boosts Transformation
Used vehicle marketplace Cars24 has significantly accelerated its artificial intelligence (AI) transformation, processing more than 1.1 trillion AI tokens during the April-June 2026 quarter (Q1 FY27) as the company expands AI across engineering, customer engagement and core automotive operations. The company said AI consumption has nearly tripled over the last two quarters, with AI-related spending […]
CW Bureau
·
Jul 19, 2026
STARTUP/TECHNOLOGY
WEX Expands India Footprint With New Bengaluru Technology Centre
WEX, a global provider of intelligent payment solutions, has strengthened its presence in India with the inauguration of a new technology centre in Bengaluru, reinforcing its long-term strategy to expand global technology capabilities by leveraging the country’s deep engineering talent and innovation ecosystem. The new facility will function as a strategic technology hub, bringing together […]
CW Bureau
·
Jul 18, 2026
AUTO
Bosch To Buy 100% Stake In Bosch Chassis Systems India For ₹9,069 Cr
Bosch Ltd, the flagship company of the Bosch Group in India, said it plans to acquire 100% stake in Bosch Chassis Systems India Pvt Ltd (RBIC) from Robert Bosch Investment Nederland B.V (RBNI) and Robert Bosch LLC for a total consideration of ₹9,068.68 crore. A share purchase agreement will be executed among Bosch, RBNI, Robert […]
CW Bureau
·
Apr 8, 2026
