BANKING & FINANCE
Sundaram Home Finance Targets 3x Disbursement Growth In Andhra
Sundaram Home Finance is targeting a threefold increase in disbursements from its Emerging Business (EB) segment in Andhra Pradesh this year, as it looks to tap growing housing demand in smaller towns and expand its footprint across the state. The company, which disbursed around ₹50 crore through the EB segment in Andhra Pradesh in FY26, […]
CW Bureau
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Aug 18, 2026
BANKING & FINANCE
ESAF Bolsters Retail Banking Push With Emerging Household Portfolio
ESAF Small Finance Bank is sharpening its focus on the emerging household (EH) loans segment, positioning it as the next major growth driver as customers transition from financial inclusion to mainstream retail banking. The bank believes the segment, comprising individuals, self-help groups (SHGs), small entrepreneurs and farmer interest groups (FIGs), will evolve into one of […]
CW Bureau
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Aug 7, 2026
GENERAL
Urban Company Banks On InstaHelp, Sees ₹7,000 Cr To ₹12,000 Cr Market
Urban Company is stepping up its investment in InstaHelp, positioning the high-frequency home services offering as a strategic growth engine even as it maintains a strong balance sheet and profitable core operations. Speaking during the company’s Q1 FY27 earnings conference call, Abhiraj Singh Bhal, CEO & Co-founder, Urban Company, said the company views InstaHelp as […]
CW Bureau
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Aug 2, 2026
BANKING & FINANCE
Equitas SFB Next Big Leap: Universal Bank Licence Under Its Consideration
Equitas Small Finance Bank (SFB) has begun internal deliberations on applying for a universal banking licence and believes it is technically compliant with the Reserve Bank of India’s (RBI) eligibility norms, though the lender has not set a timeline for filing the application. Speaking during the bank’s Q1 FY27 post-results analyst call, Equitas Small Finance […]
CW Bureau
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Aug 1, 2026
AUTO
Hyundai Motor India PAT Drops 35% On Production Issues, West Asia War
Hyundai Motor India Ltd (HMIL) reported a 35% decline in consolidated profit after tax (PAT) for the first quarter of FY27, with a fire at a key supplier’s manufacturing facility near its Chennai plant and geopolitical disruptions in West Asia impacting both domestic production and exports. The company posted a consolidated PAT of ₹888 crore […]
CW Bureau
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Jul 30, 2026
GENERAL
IndiGo Slips Into ₹238 Cr Loss In Q1 On Fuel Costs, West Asia Disruptions
India’s budget airline IndiGo reported a consolidated net loss of ₹238 crore for the first quarter of FY27, compared with a net profit of ₹2,176 crore in the corresponding period last year, as higher fuel prices, rupee depreciation and disruptions arising from the West Asia conflict weighed on profitability. Despite the earnings setback, the airline […]
CW Bureau
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Jul 23, 2026
STARTUP/TECHNOLOGY
Cars24 Processes Over 1.1 Trillion AI Tokens In Q1, Boosts Transformation
Used vehicle marketplace Cars24 has significantly accelerated its artificial intelligence (AI) transformation, processing more than 1.1 trillion AI tokens during the April-June 2026 quarter (Q1 FY27) as the company expands AI across engineering, customer engagement and core automotive operations. The company said AI consumption has nearly tripled over the last two quarters, with AI-related spending […]
CW Bureau
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Jul 19, 2026
STARTUP/TECHNOLOGY
HCLTech Targets AI Leadership With Sovereign Models, Global Alliances
HCL Technologies Ltd is accelerating its artificial intelligence strategy across service delivery, proprietary platforms, sovereign AI, strategic partnerships and talent development as enterprises increasingly seek secure, AI-driven digital transformation, Chief Executive Officer and Managing Director C Vijayakumar said during the company’s Q1 FY27 earnings call. The company said its AI roadmap is built around five […]
CW Bureau
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Jul 16, 2026
INFRASTRUCTURE
CleanMax Commissions 530 MW Renewable Energy Capacity In Q1
Clean Max Enviro Energy Solutions Ltd (CleanMax) commissioned a record 530 MW of renewable energy capacity during the first quarter of FY2027, marking its highest-ever quarterly commissioning performance and expanding its operational portfolio to 4.2 GW. The company said the milestone underscores its execution capabilities and reinforces its leadership in India’s commercial and industrial (C&I) […]
CW Bureau
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Jul 7, 2026
RETAIL/FMCG
Kalyan Jewellers Q1 FY27 Revenue Jumps 38%, Candere Sales Up 112%
Kalyan Jewellers India Ltd reported an approximately 38% year-on-year growth in consolidated revenue for the first quarter of FY2027, driven by strong demand across its India and international operations, robust same-store sales growth and rapid expansion of its showroom network. The jewellery retailer said its India business recorded revenue growth of over 38% during the […]
CW Bureau
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Jul 7, 2026