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
ECONOMY
United States Retains 10% Tariff On Indian Gem, Jewellery Exports
The United States has replaced its temporary Section 122 surcharge with a Section 301 tariff regime, retaining a 10% additional duty on Indian gem and jewellery exports from July 24. The tariff applies to natural diamonds, lab-grown diamonds, coloured gemstones and jewellery. Unlike the earlier Section 122 surcharge, the new Section 301 tariff has no […]
CW Bureau
·
Jul 24, 2026
AUTO
CEAT Bets On Artificial Intelligence And CAMSO Integration For Growth
Tyre major CEAT Ltd is focusing on expanding its global presence, completing the integration of the CAMSO business and accelerating premiumisation while investing in digital transformation and artificial intelligence. The company expects input cost inflation and geopolitical uncertainties to remain near-term challenges but sees strong long-term demand fundamentals supporting growth. International expansion “Our international business […]
CW Bureau
·
Jul 23, 2026
STARTUP/TECHNOLOGY
Eco Recycling, Electronics Recyclers International To Form 50:50 India JV
Eco Recycling Ltd. (Ecoreco), an e-waste management and recycling company, and Electronic Recyclers International, Inc. (ERI), US-based electronics recycling and IT asset disposition company, have agreed in principle to establish a 50:50 joint venture in India. The joint venture will focus on IT Asset Disposition (ITAD), enterprise recycling, circular economy solutions, resource recovery, secure data […]
CW Bureau
·
Jul 13, 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
STARTUP/TECHNOLOGY
CIBC Opens Global Capabilities Hub In Hyderabad To Expand Talent Base
CIBC has opened a global capabilities hub in Hyderabad as part of its strategy to strengthen its global operations and expand its talent base across Canada, the U.S., Europe and Asia. The new centre will support the bank’s ongoing transformation initiatives by insourcing work that was previously managed by third-party service providers and accelerating the […]
CW Bureau
·
Jul 8, 2026
GENERAL
Cipla Bets On Innovation, Biosimilars And AI To Drive Next Phase Of Growth
Cipla Ltd, the Mumbai-headquartered global pharmaceutical major, is stepping up investments in innovation, artificial intelligence, biosimilars and strategic acquisitions as it looks to strengthen its position across key global markets and build a future-ready organisation. India will remain a key growth driver, with the company focusing on therapy areas including respiratory, cardiology, diabetology, urology, oncology, […]
CW Bureau
·
Jun 2, 2026
GENERAL
India Seafood Exports Hit All-Time High Record Of ₹72,326 Cr In FY26
Marine Products Export Development Authority said India’s seafood exports rose to a record ₹72,325.82 crore (about $8.28 billion) in FY26, with volumes reaching 19.32 lakh metric tonnes, according to provisional data. Frozen shrimp remained the key growth driver, contributing ₹47,973.13 crore (about $5.51 billion) and accounting for over two-thirds of total export earnings. Shrimp shipments […]
CW Bureau
·
Apr 21, 2026
