BANKING & FINANCE Muthoot Capital Services Steps Up AI Adoption To Improve Efficiency

Muthoot Capital Services Ltd, a non-banking financial company (NBFC) focused on vehicle and consumer finance, is accelerating the use of artificial intelligence across its operations to improve efficiency, decision-making and customer experience. The company is deploying AI-led solutions across customer acquisition, credit underwriting, collections, customer service, audit, compliance and risk management, said CEO Mathews Markose […]

CW Bureau · Aug 8, 2026

RETAIL/FMCG Senco Gold Expands AI Push, Targets 20% Revenue Growth In FY27

Senco Gold Ltd, a leading jewellery retailer, has accelerated the adoption of advanced technologies across design, sourcing, supply chain management and e-commerce as it sharpens its focus on digital customer engagement and operational efficiency. “The biggest transition has been in the digital space, with the brand moving into the AI-aided customer experience journey,” said Chairperson […]

CW Bureau · Aug 7, 2026

INFRASTRUCTURE IndianOil Charts AI-Led Growth, Expands Gas & Petrochemicals Push

Indian Oil Corporation Ltd (IndianOil), India’s largest oil marketing company, is accelerating investments in digital technologies, natural gas, petrochemicals and core refining infrastructure as it prepares for the next phase of growth. “The road ahead will undoubtedly present new challenges, but it will also create new possibilities,” said IndianOil Chairman A.S. Sahney in a letter […]

CW Bureau · Aug 7, 2026

BANKING & FINANCE IndusInd Bank Charts Three-Year Growth Plan, Target 1% RoA Exit

Private sector lender IndusInd Bank has outlined a three-year transformation roadmap aimed at strengthening its franchise, accelerating growth and building leadership across key business segments. The strategy begins with restoring the bank to industry-aligned growth and achieving an exit Return on Assets (RoA) of 1% in FY27, before focusing on scaling operations in the second […]

CW Bureau · Aug 6, 2026

STARTUP/TECHNOLOGY Reliance Retail Ventures Acquires AI Fashion Platform Furrl Technology

Reliance Retail Ventures Ltd (RRVL) has acquired the technology assets of Bengaluru-based AI-powered styling and fashion discovery platform Furrl for an undisclosed sum. The acquisition includes Furrl’s AI Styling Engine and commerce app, and forms part of RRVL’s strategy to embed artificial intelligence across its consumer businesses and deliver more personalised shopping experiences. Strengthens AI-Led […]

CW Bureau · Aug 5, 2026

STARTUP/TECHNOLOGY AI Helps Developing Nations Surpass A Century Of Progress In A Decade

Artificial intelligence (AI) has the potential to compress a century of development into a decade for developing economies, provided governments move quickly to strengthen electricity access, internet connectivity, digital skills and institutional capacity, according to the latest World Development Report 2026 released by the World Bank Group. The report, titled The Promise of Artificial Intelligence, […]

CW Bureau · Aug 5, 2026

STARTUP/TECHNOLOGY AI Adoption Hits 100% Among Indian Enterprises; Investments Increase

Artificial intelligence (AI) has moved beyond the experimentation phase in India, with every surveyed enterprise now pursuing AI initiatives and most planning to increase investments, according to Dun & Bradstreet’s latest AI Momentum Survey. The survey highlights a rapidly maturing AI ecosystem where businesses are beginning to realise tangible returns from AI deployments, even as […]

CW Bureau · Aug 5, 2026

BANKING & FINANCE Artificial Intelligence, Digitalisation To Drive SBI Card Next Phase Of Growth

SBI Cards and Payment Services Ltd. expects digitalisation, artificial intelligence and machine learning to play a bigger role in customer acquisition, risk management and fraud prevention as digital payments continue to reshape India’s financial ecosystem. “Digitalisation remains central to customers’ evolution towards greater participation in the formal economy,” said Chairman Challa Sreenivasulu Setty in a […]

CW Bureau · Aug 4, 2026

STARTUP/TECHNOLOGY Coforge Sees AI Driving Next Phase Of Growth, Order Book Hits $1.75 Bn

Technology services company Coforge Ltd. expects artificial intelligence-led engineering and outcome-based delivery models to drive its next phase of growth, supported by a record order book of $1.75 billion and the acquisition of Encora. “The technology services industry is shifting from a scale-of-people business to a scale-of-intelligence business. Our clients are no longer buying effort; […]

CW Bureau · Aug 3, 2026

STARTUP/TECHNOLOGY Zoho’s Sridhar Vembu Says AI, Data Centre Costs Are Slowing IT Hiring

Zoho Corporation Co-founder and Chief Scientist Sridhar Vembu has raised concerns over slowing job creation in India’s information technology sector, saying increasing investments in artificial intelligence (AI) and data centre infrastructure are diverting funds that would otherwise have gone towards hiring new employees. In a post on social media platform X, Vembu said the country’s […]

Sajan C Kumar · Aug 2, 2026

RETAIL/FMCG Jubilant FoodWorks Prepares For India’s Next Food Consumption Wave

Jubilant FoodWorks Ltd (JFL) plans to strengthen investments in product innovation, digital capabilities, supply chain and restaurant expansion as it looks to capitalise on India’s long-term consumption opportunity and the low penetration of organised quick service restaurants (QSRs). The company said it aims not only to participate in the country’s growing food services market but […]

CW Bureau · Aug 1, 2026

GENERAL Kothari Industrial, Italy’s IUAD Set Up Design Institution At Hosur In TN

Kothari Industrial Corporation Ltd has incorporated Kothari Industrial IUAD Design Pvt Ltd in collaboration with Italy’s IUAD – Istituto Universitario di Architettura e Design, establishing what the company said is India’s first international design institution. The institution, to be located at Hosur in Tamil Nadu, aims to combine Italian design excellence with India’s manufacturing capabilities, […]

CW Bureau · Jul 31, 2026