STARTUP/TECHNOLOGY
Paytm Defers Bonus Issue For Now, To Focus On Growth And Profitability
One 97 Communications Ltd (Paytm), a leading digital payments and financial services company, has decided not to proceed with its proposed bonus share issue for the time being, choosing instead to prioritise growth and profitability to create long-term shareholder value. The company said the Board, after evaluating the proposal and holding detailed deliberations, concluded that […]
CW Bureau
·
Jul 21, 2026
MANUFACTURING
CUMI Optimises Portfolio, Remains Debt-Free Amid Global Uncertainties
Despite operating in a challenging business environment marked by demand volatility, import-led pricing pressures and shifting global trade dynamics, Carborundum Universal Ltd (CUMI) maintained a net debt-free standalone balance sheet and generated healthy free cash flow during FY26, underlining the resilience of its operating model. In his message to shareholders in the company’s Annual Report […]
CW Bureau
·
Jul 17, 2026
STARTUP/TECHNOLOGY
Hexaware Plans To Invest £25 Mn In UK, Create 1,200 Jobs Across 3 Cities
Hexaware Technologies, a global provider of IT solutions and services, has announced plans to invest £25 million to expand its operations in the United Kingdom, a move expected to generate around 1,200 jobs across Manchester, Leeds and Birmingham over the next three to five years. The investment was among those highlighted by the UK Government […]
CW Bureau
·
Jun 18, 2026
STARTUP/TECHNOLOGY
Reliance Ties Up With Meta To Set Up 168 MW AI Data Centre In Jamnagar
Reliance Industries Ltd. (RIL) has partnered with Meta Platforms Inc. to develop a 168 MW data centre in Jamnagar, Gujarat, marking Meta’s first built-to-suit data centre capacity in India. The facility, scheduled to be delivered within two years with an option for future expansion, will support Meta’s global infrastructure and artificial intelligence (AI) computing requirements. […]
CW Bureau
·
Jun 10, 2026
AUTO
Pricol Sees Earnings Pressure Amid Rising Commodity, Logistics Costs
Pricol Ltd, a leading automotive technology and precision-engineered components manufacturer, will continue with its planned investments, technology development and capacity expansion despite mounting geopolitical and commodity-related pressures impacting the automotive sector globally. The Coimbatore-based firm will remain focused on its medium- and long-term growth strategy and will not scale back critical capital expenditure or research […]
CW Bureau
·
May 19, 2026
BANKING & FINANCE
IOB Outlines Key Growth Strategies To Boost Overall Operating Outcome
Indian Overseas Bank (IOB) has outlined a set of key growth strategies aimed at improving overall operating performance as part of its ongoing non-deal roadshows with investors. The public sector lender said it plans to strengthen its existing business franchise while leveraging digital technology capabilities and the experience of its leadership team to drive the […]
CW Bureau
·
Mar 17, 2026
