MAM
Bizongo ropes in Tushar Kamat as Chief Business Officer
Mumbai: Bizongo, India’s leading supply chain automation platform, has announced the appointment of former Accenture managing director & Airtel business CEO Tushar Kamat as chief business officer. In his new role, Kamat will be responsible for business strategies, partnerships, marketing, monetization, growth and global expansion at Bizongo.
Kamat’s appointment comes at a critical juncture as Bizongo looks at entering the unicorn club in early 2023. An accomplished veteran across technology domains, he has more than 25 years of experience in sales leadership, scaling business growth, and enabling business transformation by developing go-to-market strategies for generating revenue.
Kamat has been associated with leading technology organizations including SAP, Accenture, Airtel, and TCS. In his most recent role as field operating unit head for the India business at Automation Anywhere, he drove hyper-scale business growth by 250 per cent during the covid era.
Bizongo chief operating officer Aniket Deb said, “Kamat joins us at a very exciting juncture in our growth journey. We are confident that his strategic outlook and growth mindset will help us achieve profitable business growth and create value for our customers & vendors. His ability to deliver large-scale impact will enable us to scale our vision faster and digitally transform vendor management and the entire supply chain for MSMEs.”
Commenting on his appointment, Kamat said, “I am very excited to join Bizongo during this hyper-growth phase. I am confident to leverage my diverse experience to transform and grow Bizongo’s business in India and globally.”
Kamat is also co-founder & non-executive partner of Nyaasah Care LLP, a social start-up aimed at providing care with empathy for senior citizens leading a lonely life in India.
Brands
TCS proposes Rs 31 dividend as Q4 results reflect steady profit growth
Tech giant recommends final payout following a year of steady growth and expansion
MUMBAI: Tata Consultancy Services Limited has signalled its confidence in the digital future by recommending a final dividend of Rs 31 per share. The payout, which remains subject to shareholder approval at the upcoming annual general meeting, caps off a year of significant activity for the global IT services leader.
The company reported a consolidated revenue from operations of Rs 267,021 crore for the year ended 31 March 2026, representing a steady increase from the Rs 255,324 crore recorded in the previous financial year. Net profit for the period also saw an uptick, reaching Rs 49,454 crore compared to Rs 48,797 crore twelve months prior.
Growth was visible across several key sectors, with banking, financial services, and insurance remaining the company’s largest revenue generator, contributing Rs 103,363 crore to the annual total. Despite the positive trajectory, the firm navigated some financial headwinds, including a one-off provision of Rs 1,010 crore related to a legal claim and Rs 1,388 crore in restructuring expenses.
The year was also defined by a flurry of international expansion. The group successfully integrated several new entities, including the acquisition of Coastal Cloud Holdings, LLC in January 2026 and the incorporation of new subsidiaries in Morocco and Saudi Arabia.
With its global footprint expanding and a healthy dividend on the horizon, the firm appears well-positioned to maintain its momentum in the competitive tech landscape.
