MANUFACTURING Belrise Industries Buys Hyva India’s Tipper Body Business For $5.65 Mn

Pune-headquartered Belrise Industries Ltd has acquired the Tipper Body Business of Hyva India Pvt Ltd, a subsidiary of JOST Werke SE, for $5.65 million. The transaction, valued at an enterprise value-to-EBITDA multiple of about 3.6 times, strengthens Belrise’s position as a Tier-0.5 supplier in the commercial vehicle ecosystem. Strengthens commercial vehicle presence The acquisition aligns […]

CW Bureau · Aug 6, 2026

HOSPITALITY Chalet Hotels Expands Athiva Brand With New Hyderabad, Pune Hotels

Chalet Hotels Ltd has expanded its hospitality pipeline with two new upper-upscale hotels under its in-house brand Athiva in Hyderabad and Pune. The projects will add 150 keys to Hyderabad’s portfolio and 231-keys in Pune. The additions will strengthen Chalet’s presence in both cities and support Athiva’s expansion as a pan-India premium lifestyle hospitality brand. […]

CW Bureau · Aug 5, 2026

AUTO TVS Srichakra Entity To Acquire 51% Stake In EV Tech Co Weber Drivetrain

TVS Srichakra Ltd has announced that its step-down wholly owned subsidiary, TVS Sensing Solutions Pvt Ltd, will acquire a 51% stake in Pune-based Weber Drivetrain Pvt Ltd, strengthening the group’s presence in electric vehicle (EV) technology. The acquisition will be carried out through a Share Purchase Agreement (SPA) signed with G-Power Energy & Technology Pvt […]

CW Bureau · Jul 19, 2026

MANUFACTURING Garware Fulflex Acquires Medical Manufacturing Facility In Texas

Garware Fulflex has acquired a fully automated medical products manufacturing facility in Texas as part of its strategy to expand its manufacturing footprint in North America. The facility, spread across 30,000 sq. ft., is equipped with advanced injection moulding, blow moulding, thermoforming, extrusion, assembly and quality systems. It employs more than 250 people. Expansion plans […]

CW Team · Jul 10, 2026

HOSPITALITY Mahindra Lifespaces Eyes 75% Sales From Sustenance Projects In 5 Years

Mahindra Lifespaces Developers Ltd expects a healthy pipeline of launches over the next five years while increasing the contribution of sustenance projects to overall sales, said its Managing Director & CEO Amit Kumar Sinha. “Our goal is to increase sales from sustenance projects. This year, 60% of our sales came from new launches and 40% […]

CW Bureau · Jun 30, 2026

AUTO Mercedes-Benz’s 140 Years: S-Class Journey Across India Kickstarted

Luxury carmaker Mercedes-Benz has launched the India leg of its global 140 Years. 140 Places. transcontinental drive, celebrating 140 years since Carl Benz filed the patent for the world’s first automobile in 1886. The initiative features three Mercedes-Benz S-Class luxury limousines, named Gotlieb, Carl and Bertha, on an epic journey spanning more than 60,000 km […]

CW Bureau · Jun 29, 2026

HOSPITALITY Arvind SmartSpaces Signs JDA For ₹180 Cr Ahmedabad Housing Project

Arvind SmartSpaces Ltd (ASL) has signed a joint development agreement (JDA) for a residential horizontal development project on Kerala-Nalsarovar Road in South Ahmedabad, further strengthening its presence in the plotted development segment. The project has an estimated revenue potential of ₹180 crore and is spread across 58.25 acres with a saleable area of about 2.5 […]

CW Bureau · Jun 16, 2026

MANUFACTURING Sudarshan Chemical Opens Second Global Head Office In Germany

Sudarshan Chemical Industries Ltd, a global leader in colour solutions and specialized pigments, recently inaugurated its second global head office near Frankfurt, Germany, marking a significant milestone in its global expansion strategy following the acquisition of the Heubach Group in March 2025. The nearly 21,000 sq. ft. facility will serve as the company’s second global […]

CW Bureau · Jun 15, 2026

HOSPITALITY Shriram Properties Guides For ₹5,000 Cr Sales, PAT Of ₹2,500 Cr In FY28

Shriram Properties Ltd (SPL), a leading property developer, has guided for sales bookings of ₹3,300-3,500 crore in FY27, backed by a strong project pipeline, healthy residential demand and accelerated execution across key markets. The company expects sales volumes of 5-5.5 million sq. ft. during FY27, while customer collections are projected at ₹2,100-2,200 crore. Project deliveries […]

CW Bureau · May 26, 2026

HOSPITALITY Godrej Properties Buys 8.5 Acres In Pune For Group Housing Project

Godrej Properties Ltd, one of India’s leading real estate developers, on January 30, announced the acquisition of an 8.5-acre land parcel through outright purchase in the fast-growing micro-market of Mahalunge, Pune. The proposed development will primarily comprise group housing and is expected to offer a developable potential of approximately 2.1 million square feet, with an […]

CW Bureau · Jan 30, 2026