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

GENERAL IIT Madras Implements Smart Water Management, Waste Project In TN

The Indian Institute of Technology Madras (IIT Madras) has completed a drinking water treatment and solid waste management project in Vallipuram village panchayat in Chengalpattu district, Tamil Nadu, introducing technology-enabled solutions to improve public health, sanitation and environmental sustainability. The project was implemented under the Clean and Healthy Village Development Programme of AquaMAP, a Centre […]

CW Bureau · Oct 29, 2026

GENERAL Chennai Set To Host 50th Book Fair From January 7 To 19, 2027

The 50th edition of the Chennai Book Fair, organised by the Booksellers and Publishers Association of South India (BAPASI), will be held from January 7 to January 19, 2027, at the YMCA Ground in Nandanam, Chennai. The logo and website for the Golden Jubilee edition were unveiled at a ceremony in Chennai. The website, chennaibookfair.com, […]

CW Bureau · Sep 25, 2026

AUTO Stellantis Takes Full Ownership Of India Operations, Tamil Nadu Plant

Stellantis India has acquired the remaining stake held by Hindustan Motor Finance Corporation Ltd (HMFCL), a CK Birla Group company, in Stellantis Automobiles India Pvt Ltd (SAIPL), giving the automaker full ownership of its India operations and manufacturing facility at Thiruvallur, Tamil Nadu. The transaction, funded through foreign direct investment (FDI), is expected to give […]

CW Bureau · Sep 21, 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

MANUFACTURING Kirby India To Set Up ₹100,000-Tonne 4th PEB Manufacturing Unit In Trichy

Kirby Building Systems & Structures India Pvt Ltd, a subsidiary of Alghanim Industries, has commenced work on its fourth manufacturing facility at Manapparai, near Tiruchirappalli in Tamil Nadu. Kirby is a global player in the design, manufacture and construction of pre-engineered steel building systems and structural steel solutions. The new facility is expected to commence […]

CW Bureau · Sep 8, 2026

HOSPITALITY Brigade Group Enters Coimbatore With ₹600-Cr Residential Project

Brigade Enterprises Ltd, a Bengaluru-based real estate developer, has announced its entry into Coimbatore with plans to develop a residential project in Saravanampatti through a Joint Development Agreement (JDA). The project will be spread across 5.4 acres and is expected to have a Gross Development Value (GDV) of approximately ₹600 crore. Project targets Coimbatore’s IT […]

CW Bureau · Sep 1, 2026

GENERAL Samsung India Supports 200 Women Build Livelihoods Near Sriperumbudur

Samsung India has supported 200 women from villages around its Sriperumbudur manufacturing facility with tailoring and entrepreneurship training aimed at helping them build independent livelihoods. The women, 100 each from Santhavallur and Sirumangadu, received tailoring certifications and pedal sewing machines after completing a two-month skills and entrepreneurship programme. The sewing machines are expected to enable […]

CW Bureau · Aug 21, 2026

INFRASTRUCTURE Cabinet Committee On Economic Affairs Clears ₹9,450 Cr Rail Projects

The Cabinet Committee on Economic Affairs has approved four multi-tracking projects of the Ministry of Railways with a total investment of ₹9,450 crore, covering 410 km across West Bengal, Odisha, Tamil Nadu and Andhra Pradesh. The projects include the Kharagpur-Bhadrak (Ranital) fourth line, Bhadrak-Haridaspur fourth line, Gummidipundi-Gudur third and fourth lines, and Cuttack-Paradeep (Badabandha) third […]

CW Bureau · Aug 20, 2026

HOSPITALITY Lemon Tree Hotels Signs Two Properties In Madurai & Mcleodganj

Lemon Tree Hotels Ltd, a leading hospitality company, has signed two License Agreements in Madurai and Mcleodganj under the Lemon Tree Premier and Keys Select by Lemon Tree Hotels brands. Both properties will be managed by wholly owned subsidiary Carnation Hotels Pvt Ltd. Lemon Tree Premier, Madurai will have 100 rooms, while Keys Select by […]

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

INFRASTRUCTURE CPCL Targets 300 SOOPER Retail Fuel Outlets After Bagging Navratna Status

FY26 marked a transformational year for Chennai Petroleum Corporation Ltd (CPCL), with the company attaining Navratna status, launching its first retail fuel brand “SOOPER” and outlining an ambitious expansion strategy that includes setting up 300 retail fuel outlets across India. The company also celebrated its Diamond Jubilee during the year, marking six decades of operations […]

CW Bureau · Aug 2, 2026