Tag: AI
STARTUP/TECHNOLOGY Coforge Closes Encora Acquisition; Drops QIP Plan, Raises $550 Mn Loan

Coforge, an AI-native engineering services company, has announced the successful closure of the Encora acquisition. The firm also shared that it has cancelled all plans of doing a QIP to support the purchase since it has secured a $550 million three-year loan at a 4.6% fixed interest rate. The repayment terms warrant the first payment […]

CW Bureau · Apr 23, 2026
STARTUP/TECHNOLOGY L&T Technology Services Posts 24% Rise In Q4 Net Profit At ₹3,467 Mn

L&T Technology Services Ltd (LTTS), a global provider of AI, digital and engineering R&D (ER&D) services, reported a 23.6% increase in net profit at ₹3,467 million for the March-ended quarter of FY26 over the corresponding period last year. Revenue for the quarter rose 8.3% to ₹28,579 million. USD revenue grew 0.3% to $306 million. Full-year […]

CW Bureau · Apr 22, 2026
STARTUP/TECHNOLOGY HCLTech Revenue Rises 3.9% CC In FY26 Led By Demand For Advanced AI

Deal wins at $9.3 billion; FY27 guidance at 1–4% amid uncertain demand HCLTech, a global technology company, reported a 3.9% growth in revenue for FY26 in constant currency (CC), reflecting resilience amid a challenging demand environment. Revenue in dollar terms rose 6% to $14.7 billion, while services revenue grew 4.8%, led by IT and Business […]

CW Bureau · Apr 22, 2026
AUTO Tata Motors Hits 10 Lakh Milestone At Lucknow Plant, Eyes Green Mobility

Tata Motors Ltd, India’s largest commercial vehicle manufacturer, has marked a defining milestone with the rollout of its 10 lakhth commercial vehicle from its Lucknow facility, commemorating more than three and a half decades of its presence in Uttar Pradesh. Milestone underscores green mobility push The milestone vehicle, a zero-emission electric bus, highlights the shared […]

CW Bureau · Apr 15, 2026
STARTUP/TECHNOLOGY IDPIC Names K S Raju To Lead India’s Digital Payment Fraud Intelligence

Indian Digital Payment Intelligence Corporation (IDPIC) has appointed K Satyanarayana Raju as its Managing Director and Chief Executive Officer. Strengthening digital payment security IDPIC is India’s central AI-driven platform focused on detecting, analysing and preventing real-time digital payment fraud. It leverages advanced technologies such as artificial intelligence, machine learning and big data analytics to enhance […]

CW Bureau · Apr 11, 2026
STARTUP/TECHNOLOGY TCS Renews Multi-Year Strategic Partnership With Marks & Spencer

Tata Consultancy Services Ltd (TCS), a global leader in IT services and consulting, has renewed its multi-year strategic partnership with Marks and Spencer plc (M&S), extending a decade-long collaboration. Driving digital transformation The renewed engagement will see TCS continue as M&S’s strategic technology partner as the British retailer advances its technology transformation journey. As part […]

CW Bureau · Apr 9, 2026
GENERAL GeM Crosses ₹18.4 Lakh Cr, Drives Inclusive And Tech-Led Procurement

The Indian government’s e-marketplace (GeM) has achieved a cumulative gross merchandise value (GMV) of ₹18.4 lakh crore, including crossing ₹5 lakh crore GMV in the financial year 2026. The platform continues to evolve as a transparent, efficient and inclusive digital public procurement system, contributing to strengthening India’s public economy. GeM emerges as scalable public procurement […]

CW Bureau · Apr 6, 2026
STARTUP/TECHNOLOGY Tata Communications Ranks No.1 For 13 Years In Gartner Magic Quadrant

Tata Communications, a leading global communications technology player, has maintained its leadership position for the 13th consecutive year in the 2026 edition of the Gartner Magic Quadrant for Global WAN Services. The recognition underscores the company’s continued focus on building advanced, scalable and intelligent network infrastructure for enterprises across sectors. Driving next-gen network transformation Over […]

CW Bureau · Apr 4, 2026
HOSPITALITY EaseMyTrip Integrates With ChatGPT To Power AI-led Travel Discovery

EaseMyTrip, a leading online travel-tech platform, has integrated with ChatGPT to enable travellers to search for flights and hotels directly within the app, marking a shift towards conversational, AI-led travel discovery. The integration allows users to access EaseMyTrip via the apps section on ChatGPT and simply input their travel requirements in natural language to receive […]

CW Bureau · Apr 3, 2026
STARTUP/TECHNOLOGY India’s Principle-Based AI Governance Framework Signals Innovation Shift

India has taken a bold step towards shaping the future of artificial intelligence with the adoption of a principle-based AI governance framework anchored in seven core principles or sutras. The framework, released at a time when AI is rapidly becoming central to economic competitiveness and state capacity, positions India as a jurisdiction that seeks to […]

CW Bureau · Feb 15, 2026