MANUFACTURING Raymond Proposes Name Change To Raymond Aerospace, Defence & Engg

Raymond Ltd board has approved to change its name to Raymond Aerospace, Defence & Engineering Ltd, reflecting the company’s evolving business profile and growing focus on engineering, aerospace and defence following the demerger of its lifestyle and real estate businesses. The proposed name change is subject to approval by the company’s members through a special […]

CW Bureau · Oct 25, 2026

BANKING & FINANCE NABKISAN Raises ₹180 Cr Via India’s First WASH-Focused Social Bond

NABKISAN Finance Ltd, a subsidiary of the National Bank for Agriculture and Rural Development (NABARD), has raised ₹180 crore through India’s first social bond dedicated exclusively to the water, sanitation and hygiene (WASH) sector. The bond was listed on the National Stock Exchange (NSE), Mumbai, on October 1, 2026, after the issue received strong investor […]

CW Bureau · Oct 3, 2026

GENERAL Prestige Hospitality Withdraws DRHP Citing Prevailing Market Uncertainty

Prestige Hospitality Ventures Ltd (PHVL) has withdrawn its Draft Red Herring Prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI), National Stock Exchange of India Ltd and BSE Ltd. The company’s board decided to withdraw the DRHP citing strategic considerations and uncertain market conditions. The decision was approved through a board resolution […]

CW Bureau · Sep 25, 2026

INFRASTRUCTURE Indosolar To Merge With Waaree Energies Under Amalgamation Move

The boards of Indosolar Ltd, a Waaree group company, has approved a Scheme of Amalgamation with Waaree Energies Ltd aimed at consolidating their solar photovoltaic manufacturing operations. Both companies are engaged in the manufacture of solar photovoltaic modules. Indosolar, the transferor company, does not have cell manufacturing capacity and depends on Waaree Energies or other […]

CW Bureau · Sep 23, 2026

HOSPITALITY Lemon Tree Hotels Gets NSE, BSE Clearance For Composite Merger

Lemon Tree Hotels Ltd has received no-objection letters from the National Stock Exchange and Bombay Stock Exchange for its proposed Composite Scheme of Arrangement, paving the way for the company to submit the draft scheme to the National Company Law Tribunal. The regulatory clearance is an important step in the restructuring announced by the company […]

CW Bureau · Sep 23, 2026

BANKING & FINANCE Hero Motors Raises ₹300 Cr From Anchor Investors Ahead Of IPO

Hero Motors Ltd has raised ₹300 crore from anchor investors ahead of its initial public offering (IPO), which opens for public subscription on September 16. The company informed the stock exchanges that it allocated 3,57,14,284 equity shares at ₹84 per share to anchor investors. Domestic institutions participate The anchor book saw participation from institutions including […]

CW Bureau · Sep 16, 2026

BANKING & FINANCE Wheels India Revises Preferential Issue Price To ₹1,461 Per Share

Wheels India Ltd, a leading manufacturer of wheels and automotive components, has revised the issue price of its proposed preferential share issue to the promoter group to ₹1,461 a share from ₹1,418 per shre, while reducing the total number of shares to 12.32 lakh. The revision follows observations raised by the National Stock Exchange of […]

CW Bureau · Aug 31, 2026

ECONOMY India Moves To One Nation, One Time As Government Notifies IST Rules

The Department of Consumer Affairs has notified the Legal Metrology (Indian Standard Time) Rules, 2026, establishing Indian Standard Time (IST) as the common time reference for legal, administrative, commercial and other official purposes across the country. The rules were notified on August 27, 2026, and will come into force 180 days from their publication in […]

CW Bureau · Aug 30, 2026

GENERAL Vedanta To Demerge Surplus Real Estate Assets Into Separate Company

Vedanta Ltd, India’s largest diversified natural resources company, has announced plans to demerge its surplus real estate assets into a separate entity, Vedanta Property Platforms Ltd (VPPL), to unlock value for shareholders. The proposed demerger comes within three months of Vedanta completing its five-way restructuring, which resulted in the listing of four new independent entities […]

CW Bureau · Jul 30, 2026

INFRASTRUCTURE Reliance Infra Seeks Review Of IBC-Linked ASM Trading Restrictions

Company urges SEBI, NSE and BSE to revisit surveillance framework linked to insolvency proceedings Reliance Infrastructure Ltd. has submitted a representation to the Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), seeking a review of the Additional Surveillance Measure (ASM) framework and trading restrictions imposed on its […]

CW Bureau · Jun 7, 2026