BANKING & FINANCE Manappuram Finance To Deepen Gold Loan leadership, Revive Microfinance

Manappuram Finance Ltd will focus on strengthening its leadership in the gold loan business, scaling up secured lending businesses and restoring the growth trajectory of its microfinance arm, while accelerating digital transformation, Chairman and Managing Director V P Nandakumar said in his message to shareholders in the company’s Annual Report 2026. The NBFC also sees […]

Sajan C Kumar · Jul 21, 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

BANKING & FINANCE ICICI Bank Eyes Sustainable Growth With AI-Led Banking Transformation

ICICI Bank has reaffirmed its strategy of pursuing risk-calibrated profitable growth while strengthening its digital capabilities, leveraging artificial intelligence (AI) and maintaining robust governance standards to remain resilient in an evolving banking landscape. In his message to shareholders in the ICICI Bank Annual Report 2026, Chairman Pradeep Kumar Sinha said the bank has optimised all […]

CW Bureau · Jul 19, 2026

STARTUP/TECHNOLOGY WEX Expands India Footprint With New Bengaluru Technology Centre

WEX, a global provider of intelligent payment solutions, has strengthened its presence in India with the inauguration of a new technology centre in Bengaluru, reinforcing its long-term strategy to expand global technology capabilities by leveraging the country’s deep engineering talent and innovation ecosystem. The new facility will function as a strategic technology hub, bringing together […]

CW Bureau · Jul 18, 2026

BANKING & FINANCE Indian Bank Confident Of Meeting FY27 Asset Quality Targets: MD

State-owned Indian Bank remains confident of achieving its FY27 asset quality and recovery targets, with Managing Director & CEO Binod Kumar indicating that the lender is on track to reduce gross non-performing assets (GNPA) to 1.50-1.60%, while maintaining balanced credit growth without sacrificing margins. Speaking during the bank’s Q1 FY27 earnings call, Kumar said Indian […]

CW Bureau · Jul 18, 2026

BANKING & FINANCE HDFC Bank Steps Up AI Investment To Combat Cyber Fraud: MD Jagdishan

HDFC Bank Ltd. is accelerating investments in artificial intelligence (AI), strengthening cybersecurity and enhancing digital service capabilities as it seeks to combat cyber fraud and improve customer experience. Cyber fraud and dispute resolution remain the two key areas of concern for the bank. The bank is investing in AI, improving customer communication and equipping frontline […]

CW Team · Jul 11, 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

STARTUP/TECHNOLOGY C-DOT, IIT Hyderabad Partner To Set Up CoE For Next-Gen Telecom Tech

The Centre for Development of Telematics (C-DOT), the telecom research and development centre under the Department of Telecommunications (DoT), Ministry of Communications, has signed a memorandum of understanding (MoU) with the Indian Institute of Technology Hyderabad (IIT Hyderabad) to advance research and innovation in next-generation communication technologies. As part of the collaboration, C-DOT will establish […]

CW Bureau · Jun 25, 2026

BANKING & FINANCE Indian Overseas Bank Bets On Digital, RAM For Next Phase Of Growth

Indian Overseas Bank (IOB) is entering a new phase of strategic growth anchored in financial stability, customer-centric transformation and operational efficiency, with a sharper focus on retail, agriculture and MSME (RAM) segments and technology-led delivery. The bank said rising adoption of mobile banking, UPI and internet banking is reshaping customer engagement, while fintech partnerships and […]

CW Bureau · Jun 11, 2026

STARTUP/TECHNOLOGY Black Box Eyes ₹18,000 Cr Income By FY30, About 66% By Organic Way

Black Box Ltd., a global digital infrastructure integrator providing network, data centre, cloud and cybersecurity solutions, has outlined plans to increase its revenue threefold to ₹18,000 crore by FY30 through a combination of organic growth and acquisitions. The company has set a revenue target of about $2 billion (₹18,000 crore), with nearly two-thirds of the […]

CW Bureau · Jun 7, 2026

STARTUP/TECHNOLOGY Bajaj Finserv Partners IIT Bombay; Rolls Out Finserv Intelligence

Bajaj Finserv Ltd, a diversified financial services company, has launched Finserv Intelligence, a strategic applied research and innovation initiative aimed at developing scalable, low-cost and high-technology solutions built in India for domestic and global markets. The initiative has been conceived as a long-term innovation ecosystem with a five-to-ten-year horizon focused on research, startup investments and […]

CW Bureau · May 29, 2026

STARTUP/TECHNOLOGY LTM To Buy Randstad Consulting Business In Europe And Australia

LTM, a global technology consulting and digital solutions company, through its wholly owned subsidiary LTIMindtree UK Ltd, has made an offer to acquire Randstad NV’s technology and consulting services business in France, Germany, Belgium, Luxembourg and Australia to strengthen its domain-led digital engineering and AI services capabilities. The business targeted for acquisition represents annual revenue […]

CW Bureau · May 22, 2026