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

STARTUP/TECHNOLOGY IITM Hosts BIMSTEC AI Road Safety Hackathon On AI Mobility Solutions

The Centre of Excellence for Road Safety (CoERS) at the Indian Institute of Technology Madras (IIT Madras) has organised its first international BIMSTEC AI Road Safety Hackathon 2026, bringing together innovators from seven countries to develop artificial intelligence-driven solutions aimed at reducing road accidents and saving lives. Held under the aegis of the Ministry of […]

CW Bureau · Jul 31, 2026

STARTUP/TECHNOLOGY Wipro Expands Databricks Alliance To Accelerate Enterprise AI Adoption

IT services major Wipro Ltd has strengthened its partnership with data and AI company Databricks, launching a dedicated global business practice aimed at helping enterprises modernise their data infrastructure and accelerate the adoption of artificial intelligence at scale. The new practice will combine Databricks’ data and AI platform with Wipro Intelligence, the company’s suite of […]

CW Bureau · Jul 27, 2026

STARTUP/TECHNOLOGY NIT Rourkela Develops AI-Powered System To Boost Solar Plant Output

Researchers at the National Institute of Technology (NIT) Rourkela have developed an Artificial Intelligence (AI)-powered autonomous system that can monitor, detect faults and recommend cleaning of solar panels with minimal human intervention, a breakthrough that could significantly improve the efficiency of India’s rapidly expanding solar power infrastructure. The research team has secured an Indian patent […]

CW Bureau · Jul 25, 2026

STARTUP/TECHNOLOGY HCLTech To Invest ₹14,257 Cr To Build Odisha AI Data Centre With Sarvam

HCLTech has unveiled plans to establish its first artificial intelligence (AI) data centre at the upcoming Odisha Sovereign AI Park, marking a major step in its entry into India’s fast-emerging sovereign AI infrastructure space. The proposed project, to be developed in partnership with Sarvam and the Government of Odisha, will involve an estimated capital outlay […]

CW Bureau · Jul 24, 2026

STARTUP/TECHNOLOGY IIT Madras Launches A Week-Long AI Startup Bootcamp With ₹4 Lakh Prize

As India’s artificial intelligence (AI) startup ecosystem gathers momentum, the Wadhwani School of Data Science and AI (WSAI) at IIT Madras has launched a week-long entrepreneurship programme to help aspiring founders convert AI concepts into commercially viable businesses. The ‘Building a Successful AI Startup’ programme, scheduled from August 10 to 14 at the IIT Madras […]

CW Bureau · Jul 24, 2026