Infosys, HCL Technologies and Jio Financial Services to see some action today

27 Jan 2026 Evaluate

Infosys has inaugurated its new office in Zurich, Switzerland. Relocating the Swiss headquarters to The Circle at Zurich Airport marks a major milestone in Infosys’ 25-year presence in the country, reinforcing its commitment to guiding clients through their digital and AI-led transformation journey. The new strategic location serves as a hub for innovation and co-creation and brings teams closer to clients across, manufacturing, financial services, life sciences, energy & services, telecom, and retail sectors, among others.

HCL Technologies has signed a definitive agreement to acquire Finergic Solutions, a boutique wealth consulting firm headquartered in Singapore. The transaction is expected to close by April 30, 2026. Founded in 2019, Finergic focuses on core banking and wealth management transformation and has a strong, well-established global presence. The addition of Finergic’s niche capabilities, combined with the scale of the company, is expected to unlock stronger synergies and enhance service delivery across the financial services and wealth management industry.

Jio Financial Services (JFSL) has incorporated a wholly owned subsidiary (WOS) named ‘Jio Alternative Investment Manager’ (JAIML), having its registered office at Mumbai, on January 23, 2026, to act as an investment manager to the Alternative Investment Fund to be set up by the Company subject to regulatory approvals, in terms of SEBI (Alternative Investment Funds) Regulations 2012. The company will invest an amount of Rs 1 crore towards initial subscription of 10,00,000 equity shares of face value of Rs 10 each of JAIML.

Coforge and Innovaccer Inc., a leading healthcare AI company, have entered into a strategic partnership across the healthcare ecosystem designed to improve care delivery and patient outcomes. This partnership will combine Coforge's domain expertise in driving organizational transformation with Innovaccer’s AI infrastructure and data platform, driving measurable improvements in clinical, financial and administrative results for healthcare organizations. The two firms launched G-Forge, a joint initiative designed to help healthcare organizations scale AI, integrate siloed data, and improve enterprise decision-making.

Pine Labs has entered into a strategic partnership with Wio Bank, the Middle East’s leading digital financial platform. The collaboration is going to build a modern acquiring infrastructure for Wio Bank with no legacy tech dependency, enabling faster merchant onboarding, real-time settlement capabilities, and seamless multi-mode payment acceptance at scale. As part of the partnership, Wio Bank will deploy Credit+, Pine Labs’ modular, API-first acquiring platform, to power its core acquiring operations.

Axis Bank has reported result for third quarter ended December 31, 2025 (Q3FY26). The bank has reported 2.95% rise in its net profit at Rs 6,489.57 crore for third quarter ended December 31, 2025 as compared to Rs 6,303.77 crore for the same quarter in the previous year. The total income of the bank increased by 4.26% at Rs 38,500.06 crore for Q3FY26 as compared to Rs 36,926.14 crore for the corresponding quarter previous year. On consolidated basis, the bank has reported 3.98% rise in its net profit at Rs 7,010.65 crore for Q3FY26 as compared to Rs 6,742.29 crore for the same quarter in the previous year. Total income of the bank increased by 4.98% at Rs 40,898.41 crore for Q3FY26 as compared to Rs 38,959.17 crore for the corresponding quarter previous year.

Jayaswal Neco Industries has entered into a Memorandum of Understanding (MOU) at Davos, Switzerland with the Government of Maharashtra for setting up a Two Million Tonnes Per Annum World Class Integrated Steel Plant at Gadchiroli District, Maharashtra. The Proposed Project Investment is for Rs 12,262 crore with Projected Direct Employment of 2600 staff/workers.

© 2026 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.

×