STARTUP/TECHNOLOGY Srinivasan Panchapakesan Appointed As Hexaware Chief Platform Officer

Hexaware Technologies has appointed Srinivasan Panchapakesan as President and Chief Platform Officer, a newly created role, with immediate effect. The appointment is aimed at strengthening the company’s platform-led strategy as enterprises increasingly adopt artificial intelligence (AI) for production-scale business applications. Platform strategy Srinivasan will lead the development, integration and scaling of Hexaware’s platform portfolio, including […]

CW Bureau · Jul 9, 2026

MANUFACTURING JSW Cement Sets Multi-Pronged Growth Agenda, Says MD Parth Jindal

JSW Cement Ltd. will focus on expanding capacity, entering new markets and accelerating digital and sustainability initiatives as it prepares for its next phase of growth, said Managing Director Parth Jindal. In a letter to the shareholders, he said the company’s next phase would require simultaneous execution across multiple priorities while maintaining operational discipline. Growth […]

CW Bureau · Jul 9, 2026

GENERAL Strides Pharma Unlocks Value From Pivot Path In Deal By Ascent Capital

Strides Pharma Science Ltd has announced a strategic investment in its wholly owned subsidiary, Pivot Path Pvt Ltd, by a consortium led by Ascent Capital along with co-investor Vintage Classic, in a transaction that values the business at ₹230 crore on a post-money basis. The deal enables Strides to realise ₹100 crore while retaining a […]

CW Bureau · Jun 27, 2026

STARTUP/TECHNOLOGY Wipro Sees AI Scaling Tech Spending, Establishes AI Native Business Unit

IT services major Wipro believes artificial intelligence (AI) is creating new growth opportunities for the technology services industry rather than disrupting traditional business models, Chairman Rishad Premji said in his message to shareholders in the company’s FY26 annual report. Premji said Wipro continued to invest in AI capabilities, platforms and talent during FY26 while maintaining […]

CW Bureau · Jun 23, 2026

STARTUP/TECHNOLOGY Cognizant Launches New Ace Team To Build AI-Ready Engineering Pool

IT services major Cognizant has unveiled the Cognizant Ace Team programme, a strategic initiative aimed at creating a high-calibre engineering talent pool that will spearhead digital transformation projects and accelerate the company’s transition into an AI builder organisation. The India-first programme combines selective hiring, an elite talent development pathway and a centrally governed engineering community […]

CW Bureau · Jun 3, 2026

STARTUP/TECHNOLOGY This ZoomMate Can Turn Workplace Conversations Into Completed Work

Zoom Communications has unveiled ZoomMate, an agentic AI work surface designed to help organisations move seamlessly from workplace conversations to execution by connecting discussions, decisions and workflows within a single environment. The launch marks a major step in Zoom’s broader “system of action” vision announced earlier this year, aimed at transforming meetings and communications into […]

CW Bureau · Jun 2, 2026

STARTUP/TECHNOLOGY Coforge Unveils Nexa To Put Agentic AI At Core Of Insurance Operations

Coforge Ltd has launched the Nexa Agentic AI Platform, a next-generation insurance business platform aimed at helping global insurers accelerate AI adoption while preserving their existing technology investments. The AI-native engineering services company said the platform has been designed specifically for the insurance industry, enabling carriers to extract greater value from their current insurance platforms […]

CW Bureau · Jun 2, 2026

BANKING & FINANCE SBI Life Deploys Datamatics’ AI-Powered Underwriting Platform TruAI

SBI Life Insurance Company Ltd has appointed Datamatics Global Services Ltd to strengthen its underwriting operations using Agentic AI-powered automation platform TruAI Underwriting. The move is aimed at improving efficiency and decision-making in complex underwriting cases that require detailed evaluation of medical histories, laboratory reports and multiple risk indicators. AI-led underwriting transformation Underwriting remains a […]

CW Bureau · May 27, 2026

STARTUP/TECHNOLOGY HCLTech, Pegasystems Join Hands For AI-Led Transformation Of Firms

HCLTech and Pegasystems Inc. have expanded their strategic collaboration to accelerate AI-powered enterprise modernisation by combining HCLTech AI Force with Pega Blueprint. The enhanced partnership aims to help enterprises transform legacy systems into agile, cloud-native and AI-powered applications built on the Pega platform, enabling greater operational efficiency, business agility and innovation. Solution for siloed legacy […]

CW Bureau · May 26, 2026

STARTUP/TECHNOLOGY HCLTech Flags AI Reality Check As Enterprises Tackle Execution Risks

HCLTech has released its latest Enterprise AI Market Report titled The AI Impact Imperatives, 2026, warning that nearly 43% of enterprise AI initiatives could fail as organizations struggle to scale deployments while facing shrinking timelines to deliver measurable business impact. The report is based on a global survey of 467 senior executives overseeing AI investments […]

CW Bureau · May 21, 2026

STARTUP/TECHNOLOGY L&T Technology Services Opens First Engg Intelligence CoE In Munich

L&T Technology Services Ltd, a global engineering research and development, digital and AI consulting services company, has inaugurated its first Engineering Intelligence Centre of Excellence (EI CoE) in Munich as part of its strategy to accelerate AI-led industrial transformation. The Munich-based CoE will leverage deep-tech and embedded artificial intelligence across the engineering lifecycle to enable […]

CW Bureau · May 21, 2026

STARTUP/TECHNOLOGY LatentView Hits ₹1,000 Cr Revenue Milestone In FY26, Q4 PAT Rises 7.4%

AI-driven analytics firm Latent View Analytics reported a profit after tax (PAT) of Rs 55 crore for the March quarter of FY26, registering a growth of 7.4 per cent compared with the corresponding quarter last fiscal. Revenue for the quarter stood at Rs 288 crore, up 24.3% year-on-year. The company has crossed the ₹1,000 crore revenue milestone […]

CW Bureau · May 16, 2026