STARTUP/TECHNOLOGY Cyient Eyes Stronger Growth In FY27; Unveils ‘The Next Orbit’ Strategy

Cyient Ltd., an engineering, manufacturing, geospatial, network and operations management services company, has unveiled The Next Orbit, its new strategic roadmap aimed at accelerating growth and strengthening market leadership, while expressing confidence of delivering stronger and more profitable growth in FY27. The Hyderabad-headquartered company, which provides digital engineering, technology and consulting services across aerospace and […]

CW Bureau · Jun 10, 2026

STARTUP/TECHNOLOGY Celebal Technologies Raises ₹50 Cr Debt Funding From BlackSoil Capital

Jaipur-based Celebal Technologies, a provider of enterprise data and artificial intelligence (AI) solutions, has raised ₹50 crore in debt funding from BlackSoil Capital, an alternative credit platform. The facility has been structured as strategic balance sheet capital to provide additional liquidity and financial flexibility as the company expands its global operations. Financial flexibility The funding […]

CW Bureau · Jun 9, 2026

STARTUP/TECHNOLOGY Reliance Infrastructure Incorporates Three AI-Focused Subsidiaries

Reliance Infrastructure Ltd., part of the Anil Ambani-led Reliance Group, has expanded its presence in the artificial intelligence (AI) space by establishing three dedicated subsidiaries focused on AI and allied technology-driven services. As part of its strategy to participate in the rapidly evolving AI and new-age technology sectors, the company has incorporated artificial intelligence and […]

CW Bureau · Jun 8, 2026

HOSPITALITY ixigo To Buy 55% Stake In Brevistay For ₹65.7 Cr, Balance In The Future

Online travel platform ixigo will acquire a 54.66% stake in Brevistay, a flexible-stay hotel booking platform, for ₹65.69 crore through a combination of primary and secondary share purchases. Founded in 2016, Brevistay specialises in flexible hotel stays and has built a network of directly contracted hotels across India. Upon completion of the transaction, Brevistay will […]

CW Bureau · Jun 8, 2026

STARTUP/TECHNOLOGY Coralogix Raises $200 Mn To Scale AI-Powered Observability Growth

Coralogix, the data and AI platform for observability, has raised $200 million in a Series F funding round co-led by Advent, CPPIB and Greenfield, taking its total funding to $550 million. Coralogix plans to use the proceeds to strengthen its AI-native observability capabilities, expand its telemetry data infrastructure and accelerate global enterprise growth. The latest […]

CW Bureau · Jun 3, 2026

MANUFACTURING JK Tyre Raises Prices Amid Input Cost Surge, Unveils Fresh Expansion Plan

JK Tyre & Industries Ltd has raised tyre prices across domestic replacement and export markets to offset a sharp increase in raw material costs triggered by the West Asia conflict, while simultaneously unveiling a ₹4,980-crore capacity expansion programme to capitalise on the industry’s long-term growth prospects. The tyre maker said disruptions in supply chains, rising […]

CW Bureau · Jun 2, 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

AUTO Apollo Tyres Sets Aside ₹3,500-Cr Capex For FY27 Expansion

Apollo Tyres Ltd has outlined a capital expenditure plan of ₹3,500 crore for FY27, of which ₹3,000 crore has been earmarked for expanding truck and passenger vehicle tyre manufacturing capacities in India. “For FY27, we have outlined a capex of ₹3,500 crore, with nearly 80% towards growth and capacity expansion projects. Close to ₹3,000 crore […]

CW Bureau · May 18, 2026

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