DCW to invest Rs 140 cr to double CPVC production capacity

Mumbai: Speciality chemicals company DCW on Thursday announced a Rs 140 crore investment to more than double its CPVC (Chlorinated Polyvinyl Chloride) production capacity to 50,000 metric tonnes.

The company will be increasing the capacity through a combination of new installations, de-bottlenecking existing facilities, and process optimisation, as per a statement.

The company will contribute 30 per cent of the investments from its internal accruals, while the balance will be through debt, it added.

HDFC Securities launches wealth management offering Domestic brokerage

HDFC Securities on Thursday launched a wealth management offering, aiming to benefit from the growing affluence among Indians.

The company, which has a roster of 57 lakh clients, will provide wealth advisory services to High-Net-Worth Individuals (HNIs), Ultra-High-Net-Worth Individuals (UHNIs), Family Offices, and Corporate Treasuries, as per a statement.