Tag: AI adoption
STARTUP/TECHNOLOGY Cars24 Labs Partners Startup Policy Forum To Drive AI Innovation In India

Cars24 Labs, the artificial intelligence innovation arm of autotech platform Cars24, has partnered with the Startup Policy Forum (SPF) to promote responsible AI adoption, strengthen policy dialogue and accelerate India’s emergence as a global AI innovation hub. The collaboration brings together Cars24 Labs’ hands-on experience in building AI-powered products with SPF’s policy expertise and industry […]

CW Bureau · Jul 23, 2026
STARTUP/TECHNOLOGY HCLTech Report Shows Only 18% Of Ventures See Revenue Gains From AI

While artificial intelligence (AI) adoption has become nearly universal among enterprises, only a small fraction are translating it into meaningful business growth, according to a new global research report released by HCLTech. The report, ‘The Blueprint for AI Leadership’, found that although 90% of organisations say Generative AI (GenAI) and Agentic AI are transforming workflows, […]

CW Bureau · Jul 21, 2026
MANUFACTURING LMW Business Transformation Aimed At Boosting Global Competitiveness

LMW Ltd is accelerating its transformation into a comprehensive engineering solutions partner by deepening customer collaboration, embracing artificial intelligence (AI) across its operations and products, and undertaking a company-wide business process reengineering (BPR) programme to enhance agility and operational efficiency. In his message to shareholders in the company’s Annual Report 2026, Chairman & Managing Director […]

CW Bureau · Jun 29, 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 Wipro Opens AI Centre of Excellence To Power Anthropic’s Claude Models

Wipro, a leading AI-powered technology services and consulting company, has launched an Applied AI Centre of Excellence (CoE) for Claude models powered by Anthropic, strengthening its capabilities to help enterprises accelerate AI adoption at scale. The CoE was inaugurated at Wipro’s innovation hub in Bengaluru and forms a key part of the company’s newly established […]

CW Bureau · Jun 16, 2026
STARTUP/TECHNOLOGY Legacy Infrastructure Emerging As Biggest Roadblock To AI Success

Artificial intelligence (AI) may have become a boardroom priority across global enterprises, but outdated technology infrastructure is emerging as the biggest obstacle to turning AI investments into scalable business outcomes. A new report by Tata Communications and Bloomberg Media Studios suggests that while enterprises are aggressively pursuing AI strategies, many remain constrained by legacy systems, […]

CW Bureau · Jun 4, 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
GENERAL AI, Data And Digital To Drive Aditya Birla Capital’s Growth Strategy

Aditya Birla Capital Ltd, one of India’s leading diversified financial services companies, is placing data, digital and technology at the core of its growth strategy, with Artificial Intelligence (AI) emerging as a key operating layer across businesses to drive growth, profitability and customer experience. Speaking during the earnings call, Aditya Birla Capital Ltd, Managing Director […]

CW Bureau · May 9, 2026
STARTUP/TECHNOLOGY AI At The Helm: TCS Rewires Services Playbook For The Next Growth Cycle

India’s largest IT services company Tata Consultancy Services (TCS) has outlined a structured and evolving approach to Artificial Intelligence (AI), anchored in a two-pronged strategy- helping clients ‘Get ready with AI’ and enabling them to ‘Lead with AI’. TCS  Chief Operating Officer and Executive Director Aarthi Subramanian in the company’s March quarter earnings call emphasised […]

CW Bureau · Apr 14, 2026
STARTUP/TECHNOLOGY TCS Net Rises 1.3% To ₹49,454 Cr In FY26; Revenue Up 4.6% ₹2,67,021 Cr

Tata Consultancy Services Ltd (TCS), India’s largest IT services exporter, reported a marginal 1.3% increase in net profit at ₹49,454 crore for FY26 compared with the previous year. Revenue growth steady Revenue from operations rose 4.6% to ₹2,67,021 crore from ₹2,55,324 crore. The results included exceptional items such as the statutory impact of new labour […]

CW Bureau · Apr 9, 2026