INFRASTRUCTURE Usha Martin Plans ₹250 Cr Annual Capex To Expand Hi-Growth Areas

Usha Martin Ltd, will continue to strengthen its primary growth engine core wire rope business while investing ₹200-250 crore annually to expand capacity in high-growth segments such as elevators, cranes and mining. The manufacturer of wire ropes and speciality steel products will remain focused on improving competitiveness through productivity gains, cost efficiency, digital transformation and […]

CW Bureau · Jul 28, 2026

BANKING & FINANCE New India Assurance Expands Maritime Risk Cover, Eyes Retail

The New India Assurance Co. Ltd (NIA) has established the Bharat Maritime Insurance (BMI) Pool and the Bharat Marine Pool (BMP) to provide war-risk insurance cover for Indian shipping, while sharpening its focus on the retail and MSME segments as the next phase of growth. The maritime insurance mechanism will protect Indian trade from geopolitical […]

CW Team · Jul 27, 2026

RETAIL/FMCG Orkla India Banks On MTR & Eastern To Build Future Ready Food Company

Orkla India Ltd, a leading multi-category food company, is strengthening its packaged foods business by expanding its flagship MTR and Eastern brands, accelerating international growth, investing in artificial intelligence (AI) and enhancing distribution capabilities. MTR has a strong presence in convenience foods and spices, particularly in Karnataka, while Eastern is a leading spices brand in […]

CW Team · Jul 26, 2026

RETAIL/FMCG Eyewear Retailer Lenskart Sets Long Term Vision Of Serving 1-Billion Users

Eyewear retailer Lenskart has set an immediate goal of making quality eyewear accessible to 100 million people, while pursuing a long-term vision of serving one billion people globally. “In FY26, Lenskart became a public company and crossed 50 million people served. But I do not think of either as a finish line,” said Chairman, Managing […]

CW Bureau · Jul 25, 2026

RETAIL/FMCG Arvind Fashions Bets On Technology, Premiumisation For Future Growth

Arvind Fashions Ltd is strengthening its brands, investing in technology and maintaining disciplined capital allocation to tap India’s expanding fashion market, said Chairman Sanjay S. Lalbhai. The company long-term strategy is centred on building stronger brands, enhancing operational capabilities and creating sustainable value for stakeholders. Strong consumer opportunity “India’s fashion market continues to offer one […]

CW Bureau · Jul 25, 2026

STARTUP/TECHNOLOGY Wiffy Raises $3 Mn To Expand AI-Powered Services Platform

Wiffy, India’s organised post-sales installation and home services platform, has raised $3 million in a Series A funding round to expand its technology platform and strengthen AI-powered workforce management. The company will also use the funds to deepen enterprise partnerships and accelerate expansion into new service categories. Funding and growth The funding round was led […]

CW Bureau · Jul 25, 2026

AUTO Ashok Leyland Charts Global Growth, Eyes 25,000 Export Units Near Term

Hinduja Group flagship commercial vehicle manufacturer Ashok Leyland Ltd has outlined an ambitious global expansion strategy, targeting 25,000 export units in the near term while reaffirming its long-term goal of becoming one of the world’s top 10 commercial vehicle manufacturers. In his message to shareholders in the company’s Annual Report, Ashok Leyland Chairman Dheeraj G. […]

Sajan C Kumar · Jul 22, 2026

HOSPITALITY Brigade Group Targets Long-Term Growth With AI & Expansion Strategy

Brigade Enterprises Ltd, a leading real estate developer, is accelerating investments in artificial intelligence, technology and new project launches as it prepares for the next phase of growth across key markets. The company said the objective is to use technology to serve customers more precisely and build a sharper, more responsive organisation. AI-led transformation “Artificial […]

CW Bureau · Jul 22, 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

STARTUP/TECHNOLOGY HCLTech Positions Itself To Become World’s Leading AI Solutions Provider

HCLTech sees artificial intelligence as a key growth driver and is positioning itself to become the world’s leading AI solutions provider. The global technology company always viewed disruption as an opportunity for reinvention and growth, and believes AI and related technologies will create larger business opportunities in the years ahead. AI strategy Chairperson Roshni Nadar […]

CW Bureau · Jul 20, 2026

BANKING & FINANCE City Union Bank Steps Up Investments In Cybersecurity & AI

Private sector lender City Union Bank Ltd is accelerating investments in cybersecurity, digital banking and artificial intelligence as part of its strategy to strengthen customer protection and enhance banking services. The bank said it is continuing to invest aggressively in cybersecurity to ensure customers remain protected against evolving digital threats while building a technology-driven banking […]

CW Bureau · Jul 20, 2026

STARTUP/TECHNOLOGY Cars24 Processes Over 1.1 Trillion AI Tokens In Q1, Boosts Transformation

Used vehicle marketplace Cars24 has significantly accelerated its artificial intelligence (AI) transformation, processing more than 1.1 trillion AI tokens during the April-June 2026 quarter (Q1 FY27) as the company expands AI across engineering, customer engagement and core automotive operations. The company said AI consumption has nearly tripled over the last two quarters, with AI-related spending […]

CW Bureau · Jul 19, 2026