Industry Trends

J&K Bank raises FY26 loan growth guidance, eyes fundraise in March quarter

J&K Bank has raised its loan growth guidance to 12–15% for the current financial year, citing stronger-than-expected performance and a solid loan pipeline. CEO Amitava Chatterjee said the bank plans a ₹750 crore fundraise in Q4, expects CASA ratios to improve modestly, and remains confident on asset quality with gross NPAs guided below 3%.

Startup Funding

Integrated managed care provider Even Healthcare raises $20 million from Lachy Groom, Alpha Wave

Even Healthcare, a homegrown integrated managed care provider, has raised $20 million in a new funding round led by existing investors like Lachy Groom and Alpha Wave, and joined by new investors like Sharrp Ventures. The round brings Even’s total funding to $70 million and more than doubles the startup's valuation in under 12 months. Even Healthcare will use the capital to expand its hospital footprint in Bengaluru and scale its managed-care model, which is designed to optimise patient recovery and outcomes rather than hospital utilisation. Care teams remain accountable across the full patient journey, from early access through 24/7 teleconsultations and coordinated diagnostics to hospitalisation when needed and structured recovery support at home, helping prevent avoidable complications and admissions. With this announcement, the startup also reported that its first hospital reached operating break-even in under six months. Commenting on the news, Mayank Banerjee, Co-Founder, Even...

Startup Funding

ISRO Ex-Chairman Somanath Proposes Mysuru as India’s Startup Lab

He emphasised collaboration between startups and research labs and the need for hands-on experience in AI, quantum computing and biotechnology. The post ISRO Ex-Chairman Somanath Proposes Mysuru as India’s Startup Lab appeared first on Analytics India Magazine .

Industry Trends

Musician Files Lawsuit Against Stability AI For Using His Music For Training Despite Opt-Out Requests

A US musician has sued Stability AI and AudioSparx, alleging his music was used to train an AI audio model despite repeated opt-out and removal requests. The case adds pressure on how AI firms handle consent and training data. The post Musician Files Lawsuit Against Stability AI For Using His Music For Training Despite Opt-Out Requests appeared first on MEDIANAMA .

Industry Trends

Sunita Rebecca Cherian of Wipro bids farewell to corporate life after 29+ years of service

After a long and successful association with Wipro that lasted almost three decades, Sunita Rebecca Cherian, member, Wipro Executive Committee, has hung up her boots. She had entered Wipro as a fresher directly from campus—having passed out of the College of Engineering, Trivandrum, way back in 1996— and has served in various capacities over the [...] The post Sunita Rebecca Cherian of Wipro bids farewell to corporate life after 29+ years of service appeared first on HR Katha .

Industry Trends

Mid-tier IT firms set to outshine largecaps in Q3. Brokerages list 10 buys, 4 sells

Mid-tier IT firms are set to outperform largecaps in Q3 as brokerages expect stronger sequential growth for players like Coforge, Persistent and LTIMindtree despite seasonal furloughs. While deal momentum in cloud, data and AI remains healthy, guidance suggests Infosys may raise its FY26 outlook, with Wipro staying subdued.