BANKING & FINANCE Cholamandalam Finance To Expand AI Use Across Business Operations

Cholamandalam Investment and Finance Company Ltd. (Chola) is exploring artificial intelligence (AI)-led interventions in its collections business and plans to extend the technology to sales and credit functions with a strong focus on governance and accountability. In his message to shareholders, Executive Chairman Vellayan Subbiah said technology continued to be a key enabler across customer […]

CW Bureau · Jul 7, 2026

STARTUP/TECHNOLOGY Indian Startup Funding Declines 8.3% In 2025, Says Vestd India Report

Investment in Indian startups declined 8.3% in 2025, making India the only market among the global “Big Five” startup ecosystems to record a year-on-year contraction, according to a report by Vestd India based on data from business intelligence platform Crunchbase. The report said funding activity remained weak in early 2026, with 560 funding rounds recorded […]

CW Bureau · Jul 6, 2026

GENERAL Sridhar Vembu Heads To Japan To Build Rural Manufacturing Bridges

Sridhar Vembu, founder and chief scientist of Zoho Corporation, is once again thinking beyond conventional business strategies. This time, he is looking to Japan’s small and mid-sized enterprises to help revive India’s traditional craftsmanship and strengthen manufacturing capabilities in rural regions. In a post on X, Vembu said he is heading to Japan to explore […]

CW Bureau · Jul 2, 2026

BANKING & FINANCE Paisalo Promoters Raise Stake To 46.72%, Back AI-Led Growth Strategy

Paisalo Digital Ltd said its promoters have increased their shareholding by 4.97% through open-market purchases, taking their stake to 46.72% in Q1 of FY27 against 41.75% in FY26. Promoter holding has risen steadily from around 26% in FY19 to about 37% in FY25, 41.75% in FY26 and 46.72% in Q1FY27, reflecting continued confidence in the […]

CW Bureau · Jul 1, 2026

STARTUP/TECHNOLOGY Star Health Partners Amplify Health To Deploy AI In Claims Processing

Star Health and Allied Insurance Company Ltd has entered into a three-year partnership with Amplify Health to deploy AI-led claims intelligence and healthcare analytics across its health insurance operations in India. The collaboration is aimed at improving customer experience by accelerating cashless claims processing through artificial intelligence, machine learning and predictive analytics. Faster claims The […]

CW Bureau · Jul 1, 2026

AUTO TVS Motor Bets On Global Markets, EVs And AI To Power Future Growth

TVS Motor Company is strengthening its global expansion, accelerating investments in artificial intelligence (AI) and electric mobility, and expanding its premium motorcycle portfolio as it positions itself for long-term growth across international markets. In his message to shareholders in the company’s Annual Report 2026, Chairman and Managing Director Sudarshan Venu said the company’s international business […]

CW Bureau · Jun 29, 2026

AUTO Maruti Suzuki Onboards Five Startups To Develop AI, Battery Tech Solutions

India’s largest carmaker, Maruti Suzuki India Ltd, has onboarded five startups under the fifth cohort of its Maruti Suzuki Incubation Programme (MSIP) to co-create innovative solutions spanning battery recycling, artificial intelligence (AI), procurement automation, customer engagement and software development. The selected startups—MiniMines, Easework AI, Sarvam AI, Siftly and CodeMate AI—will work with the company to […]

CW Bureau · Jun 29, 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 Emergent, Raj Shamani Launch ₹1 Cr AI Challenge For Indian Businesses

AI software creation platform Emergent has partnered with entrepreneur and content creator Raj Shamani to launch a nationwide challenge that aims to help Indian businesses become AI-native by building software tailored to their own operations. The initiative invites business owners, founders and operators to identify a real business problem, build a software solution using Emergent’s […]

CW Bureau · Jun 26, 2026

INFRASTRUCTURE AI Adoption In Energy Sector Shifts From Pilots To Full Enterprise Scale

Amid rising geopolitical uncertainty, energy transition pressures and rapid technological disruption, energy companies are steadily advancing towards AI-enabled transformation, with stronger focus on data governance, cybersecurity and value realisation, according to the KPMG Global Tech Report 2026 – Energy, Natural Resources and Chemicals (ENRC). The report draws on insights from 258 technology leaders across 22 […]

CW Bureau · Jun 26, 2026

BANKING & FINANCE Mahindra Finance Eyes Disciplined Growth, AI-Led Transformation

Mahindra & Mahindra Financial Services Ltd (Mahindra Finance) will focus on disciplined growth, deeper customer relationships and a diversified lending franchise as it enters a “more deliberate phase of growth.” In his message to shareholders, Chairman Anish Shah said the company’s priority remains to strengthen its leadership in vehicle financing while gradually building a more […]

CW Bureau · Jun 26, 2026

BANKING & FINANCE HDFC Life Steps Up Gen AI, Analytics And Digital Spending To Fuel Growth

HDFC Life Insurance Company is strengthening investments in advanced analytics, digital infrastructure, automation and Generative AI-led capabilities across its value chain as it seeks to enhance customer experience, improve operational efficiency and strengthen risk management. In his message to shareholders in the company’s Annual Report 2026, chairman Keki M Mistry said the insurer remains focused […]

CW Bureau · Jun 25, 2026