STARTUP/TECHNOLOGY Coforge Lands $230-Mn 5-Year AI Transformation Contract In Europe

  IT services company Coforge Ltd has secured a $230 million (around ₹1,980 crore) five-year contract from a major European client, marking one of its largest artificial intelligence (AI)-led transformation engagements in the region and reinforcing the growing shift by enterprises towards large-scale AI deployment. The engagement will see Coforge deploy an AI-first transformation programme […]

CW Bureau · Jul 24, 2026

STARTUP/TECHNOLOGY Infosys Q1 Profit Rises 12% To ₹7,769 Cr As AI-Powered Deals Drive Growth

IT services major Infosys kicked off FY27 on a strong note, reporting a 12.2% year-on-year increase in consolidated net profit to ₹7,769 crore for the first quarter ended June 30, 2026, driven by robust demand for artificial intelligence (AI)-led transformation services and large deal wins. The country’s second-largest IT services company posted consolidated revenue of […]

CW Bureau · Jul 23, 2026

STARTUP/TECHNOLOGY Ashiss Kumar Dash Named Infosys CEO Designate, To Replace Parekh

Indian IT major Infosys has announced the appointment of Ashiss Kumar Dash as its Chief Executive Officer (CEO) Designate, setting the stage for a planned leadership transition at India’s second-largest IT services company. Dash will take over as Managing Director & CEO from April 1, 2027, following the completion of incumbent CEO Salil Parekh’s second […]

CW Bureau · Jul 23, 2026

MANUFACTURING EID Parry Exits Low-Margin Consumer Categories, Eyes Premium Products

Diversified agri-business major EID Parry (India) Ltd is reshaping its consumer products portfolio by exiting low-margin bulk categories and strengthening its presence in premium food products such as jaggery and brown sugar, while accelerating digital and AI-led transformation to improve productivity and execution. Outlining the company’s strategic priorities in the Annual Report 2026, EID Parry […]

Sajan C Kumar · Jul 17, 2026

STARTUP/TECHNOLOGY Tech Mahindra Bets On AI Shift, Backs India’s Move On Sovereign AI Goals

Tech Mahindra Chairman Anand G Mahindra has said that artificial intelligence (AI) is rapidly moving from being a peripheral productivity tool to becoming central to how enterprises operate, make decisions and serve customers, while stressing that the real challenge lies in deploying AI reliably, securely and responsibly at scale. In his message to shareholders in […]

CW Bureau · Jun 24, 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

MANUFACTURING US Legal Overhang Behind US, Focus Now On Next Phase: Gautam Adani

The Adani Group is entering its next phase of growth with renewed confidence after putting its US legal challenges behind it, according to billionaire industrialist and Group Chairman Gautam Adani. In his letter to shareholders in the FY26 Annual Report of Adani Energy Solutions, Adani said the Group is now focused on accelerating infrastructure development […]

CW Bureau · May 31, 2026

STARTUP/TECHNOLOGY Infosys Offers AI Across 90% Of Top Clients, Eyes $300 Bn Opportunity

Infosys is rapidly emerging as a global leader in artificial intelligence (AI) services, with AI-led programmes now deployed across 90% of its top 200 clients, according to Chief Executive Officer and Managing Director Salil Parekh. In the company’s Annual Report 2026, Parekh said Infosys is accelerating its transition towards AI-powered services, positioning itself to capture […]

CW Bureau · May 30, 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

AUTO Tech Boost: Ravindran Shanmugam Appointed To Board Of TVS Motor

TVS Motor Company, part of the TVS Venu Group, has announced the appointment of Ravindran Shanmugam as an independent director on the company’s board for a period of five years with effect from May 13, 2026, subject to shareholder approval. The company said the induction is aimed at further strengthening the company’s corporate governance and […]

CW Bureau · May 14, 2026

BANKING & FINANCE Poonawalla Fincorp Scales Up AI Play With Customer Experience Platform

Poonawalla Fincorp Ltd (PFL) has rolled out a next-generation conversational AI platform for omnichannel customer service, marking a significant milestone in its AI-first transformation journey. Unified interaction layer Designed as a unified interaction layer, the platform will serve as the single customer service interface across channels, enabling a seamless and consistent experience. Driving efficiency and […]

CW Bureau · Apr 20, 2026