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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
BMS opens Mumbai tech hub to scale AI and data operations
BL Mumbai Bureau · 2026-06-24 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Insurance and re-insurance broker BMS launched a Global Capability Centre (GCC) in Mumbai on Monday, positioning the facility as a core engine for its data, analytics and artificial intelligence ambitions, rather than a peripheral support office.

The centre is headed by Nipun Mapara as Managing Director, with Sanjeev Poojari leading operations. It will work alongside BMS teams worldwide across broking, technology, analytics and client services.

The move comes as BMS accelerates deployment of AI tools across its broking and operations functions. The Mumbai GCC is intended to provide the specialist capacity needed to deliver that rollout at scale. Consulting firm EY advised on the centre's feasibility, design and build.

Group CEO Nick Cook said the facility is "a platform for building the data and AI capability that will help BMS serve clients better and compete more effectively," adding that the company intends the centre to function as a genuine centre of excellence, not merely a back-office operation.

The GCC expands BMS's existing India footprint, which includes a recently announced strategic partnership with Berns Brett India. The company said the investment in Mumbai is part of a broader push for geographical diversification and sustainable growth.

BMS operates across the wholesale, reinsurance, direct insurance and capital advisory markets.

Published on June 24, 2026