STARTUP/TECHNOLOGY HCLTech Raises FY27 Revenue Guidance As India Leads Growth

HCLTech, a global technology services and software company, reported revenue of $3.7 billion for the quarter ended September 2026, up 2.2% year-on-year (YoY). Revenue in constant currency (CC) terms increased 2.6%, while India emerged as the fastest-growing geography with 21.8% YoY growth. Growth guidance up by 2.5-4% The company raised its FY27 revenue growth guidance […]

CW Bureau · Oct 13, 2026

BANKING & FINANCE ASK Investment Managers To Acquire SageOne Investment Managers

ASK Investment Managers (ASK IM) has entered into definitive agreements to acquire SageOne Investment Managers, an asset manager operating across portfolio management services (PMS) and alternative investment funds (AIF), strengthening its equity investment capabilities. SageOne Founder and Chief Investment Officer Samit Vartak will reinvest in ASK and continue as Chief Investment Officer (Equities) of the […]

CW Bureau · Oct 5, 2026

BANKING & FINANCE Bajaj Finserv To Invest ₹5,800 Cr In Bajaj Finance Convertible Warrants

Bajaj Finserv Ltd, the financial services arm of the Bajaj Group, has approved the subscription to warrants convertible into an equivalent number of equity shares of its subsidiary Bajaj Finance Ltd for an aggregate cash consideration of ₹5,800 crore. The subscription will be made through a preferential allotment on a private placement basis. Bajaj Finserv […]

CW Bureau · Oct 2, 2026

STARTUP/TECHNOLOGY NuSummit Appoints Kunal Purohit As Managing Director & Chief Executive

NuSummit, a leading global provider of AI-led cybersecurity, data, digital, and cloud transformation solutions across Capital Markets, Insurance, Banking, and Financial Services, has appointed Kunal Purohit as Managing Director and CEO. MD and CEO Anantharaman Sreenivasan (Ganesh), who led NuSummit for five years, will transit from his current role immediately and continue as an Executive […]

CW Bureau · Oct 1, 2026

BANKING & FINANCE Kotak Mahindra Bank Appoints Anup Kumar Saha As Its New MD & CEO

Kotak Mahindra Bank Ltd has announced that the Reserve Bank of India (RBI) has approved the appointment of Anup Kumar Saha as the Bank’s Managing Director & Chief Executive Officer (MD & CEO) for a three-year term effective January 1, 2027. The Board of Directors will initiate further steps to formalise the appointment and seek […]

CW Bureau · Oct 1, 2026

BANKING & FINANCE Bank Of Baroda Incorporates Pension Fund Management Arm With ₹100 Cr

Public sector lender Bank of Baroda has incorporated a subsidiary, BOB Pension Fund Management Company Ltd, with an authorised share capital of ₹100 crore. The new entity has received its certificate of incorporation from the Registrar of Companies, Ministry of Corporate Affairs, and will operate as a pension fund manager. New company to manage pension […]

CW Bureau · Sep 21, 2026

BANKING & FINANCE Ujjivan SFB Launches New Brand Campaign With Actor R Madhavan

Ujjivan Small Finance Bank (Ujjivan SFB), which serves more than 1 crore customers through 800 branches across 26 states and Union territories, has launched a new brand campaign, ‘Nothing Small About Us’, featuring actor R Madhavan as its brand ambassador. The campaign seeks to address a customer perception that the word ‘Small’ in the bank’s […]

CW Bureau · Sep 18, 2026

STARTUP/TECHNOLOGY TCS, Aareal Bank Forge Partnership For AI-Powered Tech Transformation

Tata Consultancy Services (TCS) has entered into a long-term strategic partnership with Aareal Bank, a leading international property specialist, to transform the German bank’s technology landscape through an AI-powered, cloud-first operating model. The partnership marks a major step in Aareal Bank’s ongoing technology transformation programme, aimed at modernising its IT infrastructure, strengthening resilience and building […]

CW Bureau · Sep 15, 2026

BANKING & FINANCE Hyundai Capital Services Set To Start Financial Operations In India

Hyundai Capital Services is commencing financial operations in India, one of the world’s three largest automotive markets, marking the company’s entry into the country’s vehicle financing sector. Hyundai Capital India (HCIN) is the company’s 14th financial entity and an independent, stand-alone entity fully owned and operated by Hyundai Capital Services. From consulting to financial services […]

CW Bureau · Aug 31, 2026

BANKING & FINANCE Muthoot Finance To Merge Wholly Owned Subsidiary Muthoot Money

Muthoot Finance Ltd has approved a scheme of amalgamation with its wholly owned subsidiary Muthoot Money Ltd (MML), as part of a group-wide consolidation exercise. MML is a non-deposit taking NBFC classified under the middle layer, while Muthoot Finance is an upper-layer NBFC. Both companies are primarily engaged in the gold loan business. Scheme requires […]

CW Bureau · Aug 31, 2026

GENERAL LIC Housing Finance Names Sandeep Kumar As MD & CEO For Five Years

LIC Housing Finance Ltd has appointed Sandeep Kumar as Additional Director and Managing Director & Chief Executive Officer with effect from August 29 for a period of five years. His appointment will remain valid as long as he continues to be deputed to LIC Housing Finance as a nominee director of Life Insurance Corporation of […]

CW Bureau · Aug 29, 2026

STARTUP/TECHNOLOGY Protean eGov Targets AI-Led Digital Expansion And Global Growth

Protean eGov Technologies Ltd, an IT-enabled solutions company, is pursuing a three-pillar strategy focused on scaling Digital Public Infrastructure (DPI), building AI-driven enterprise digital ecosystems and taking its capabilities to international markets. The company plans to strengthen its existing digital platforms while developing new foundational digital rails across financial services, insurance, agriculture, healthcare, education and […]

CW Bureau · Aug 29, 2026