RETAIL/FMCG AJC Jewel Manufacturers To Acquire 80% Stake In UAE Jewellery Unit

AJC Jewel Manufacturers Ltd is set to acquire an 80% stake in AJC Jewel Manufacturers (FZC), Sharjah, UAE, for ₹9.60 crore through a non-cash share swap, giving the listed company majority ownership of its international jewellery manufacturing operation. The UAE entity, which is engaged in precious metal jewellery manufacturing, reported revenue of ₹128 crore in […]

CW Bureau · Sep 4, 2026

RETAIL/FMCG India’s Gem & Jewellery Exports Rise 13.58% To ₹87,078 Cr In Q1 Of 2026

India’s gross gem and jewellery exports rose 13.58% to ₹87,078 crore during April-July 2026 from the corresponding period last year. In US dollar terms, exports increased 2.44%. The growth was led by value-added segments. Studded gold jewellery exports rose 21% to $2.24 billion, while silver jewellery exports surged 72% to $508 million. Value-added segments drive […]

CW Bureau · Aug 14, 2026

RETAIL/FMCG Veritas India Gets Nod To Sell UAE Assets Amid Strait Of Hormuz Shifts

Veritas (India) Ltd has obtained shareholder approval for the proposed sale and transfer of certain assets and liabilities of its UAE-based subsidiary Verasco FZE, as the changing commercial outlook around the Strait of Hormuz prompts a review of its overseas asset portfolio. The approval was obtained in January 2026 following a comprehensive assessment of the […]

CW Bureau · Aug 13, 2026

GENERAL Urban Company Banks On InstaHelp, Sees ₹7,000 Cr To ₹12,000 Cr Market

Urban Company is stepping up its investment in InstaHelp, positioning the high-frequency home services offering as a strategic growth engine even as it maintains a strong balance sheet and profitable core operations. Speaking during the company’s Q1 FY27 earnings conference call, Abhiraj Singh Bhal, CEO & Co-founder, Urban Company, said the company views InstaHelp as […]

CW Bureau · Aug 2, 2026

GENERAL Greaves Cotton Incorporates Dubai Arm To Expand ME, Africa Business

Greaves Cotton Ltd has incorporated Greaves International Trading FZE (GITFZE) in Dubai as part of its Greaves.Next strategy, marking a key step in expanding its international business. The wholly owned subsidiary will serve as a regional hub for international trading and distribution, strengthening the company’s presence across the Middle East and Africa. Regional focus GITFZE […]

CW Bureau · Jun 30, 2026

HOSPITALITY Indian Buyers Remain Dubai’s Largest Property Investor Group: Anarock

Indian investors continue to retain their position as the largest international buyer group in Dubai’s property market, accounting for an estimated 20-22% of all foreign real estate purchases in the Emirate, according to Anarock Group. The report comes amid record real estate transactions worth AED 917 billion in 2025 (₹2,400 crore), according to the Dubai […]

CW Bureau · May 29, 2026

STARTUP/TECHNOLOGY Hexaware Acquires UK-Based CPS To Strengthen Consulting, AI Businesses

Hexaware Technologies Ltd, a global IT services and digital solutions provider, has entered into an agreement to acquire Consulting Professionals Services Holdings Ltd along with its wholly owned subsidiary Consulting Professionals Services Ltd (CPS) for ₹140 crore to strengthen its consulting, AI and cloud transformation capabilities. The transaction is expected to close within two weeks. […]

CW Bureau · May 21, 2026

BANKING & FINANCE Emirates NBD Gets Reserve Bank Nod To Acquire Up To 74% In RBL Bank

Emirates NBD Bank PJSC has received approval from Reserve Bank of India to acquire up to 74% of the paid-up share capital in RBL Bank, marking a significant cross-border investment in India’s banking sector. As per the regulator’s communication, ENBD will be required to maintain a minimum 51% shareholding, while its voting rights will be […]

CW Bureau · Apr 3, 2026

BANKING & FINANCE Wio Bank Inks Pact With Pine Labs To Modernise Merchant Acquiring Infra

Pine Labs, a global fintech platform transforming how businesses accept and manage payments has announced a strategic partnership with Wio Bank, the Middle East’s leading digital financial platform. The collaboration intents to build a modern acquiring infrastructure for Wio Bank with no legacy tech dependency, enabling faster merchant onboarding, real-time settlement capabilities, and seamless multi-mode […]

CW Bureau · Jan 26, 2026

INFRASTRUCTURE A Quarter Of India–UAE Travel Demand May Be Unmet By Next Decade

A new study finds that existing limits on flight and seat capacity between India and the United Arab Emirates may not keep pace with rising travel demand, potentially reducing the economic benefits that stronger air connectivity can support. The analysis shows that 27% of forecast passenger demand between India and the UAE could remain unserved […]

CW Bureau · Jan 23, 2026