NEWS
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Maruti Suzuki to challenge ₹5,786 crore income tax assessment order
By Axel Miller | 17 Mar 2026
Maruti Suzuki receives a ₹5,786 crore tax assessment for FY23. The company plans to challenge the order and says operations remain unaffected.
Close Brothers to cut 20% of workforce as motor finance costs mount
By Cygnus | 17 Mar 2026
Close Brothers confirms 600 layoffs as motor finance redress costs drive a £65.5m loss. Read more on the UK lender's restructuring plans.
Alibaba shakeup signals shift toward token-based AI business model
By Axel Miller | 17 Mar 2026
Alibaba pivots to a token-based AI model as autonomous agents drive record usage. New “Wukong” platform signals a shift in China’s AI economy.
Oil shock drives surge in rupee options trading as bearish bets rise
By Cygnus | 17 Mar 2026
Rupee options trading volumes double as oil price volatility from the Iran war triggers a surge in bearish bets on the Indian currency.
The sky is closing: The end of the global crossroads
By Axel Miller | 16 Mar 2026
Middle East airspace disruptions are forcing airlines to reroute global flights, raising costs and reshaping aviation networks in 2026.
Living in the “New Gulf”: how conflict is reshaping cities and infrastructure
By Cygnus | 16 Mar 2026
Gulf states are redesigning infrastructure, air defenses and aviation networks as regional tensions reshape urban resilience strategies.
China’s No. 2 chipmaker prepares 7nm process as Beijing pushes semiconductor self-reliance
By Cygnus | 16 Mar 2026
China’s Hua Hong Semiconductor is preparing a 7nm chip process in Shanghai, expanding domestic semiconductor capabilities amid global tech competition.
PhonePe pauses $10B IPO as geopolitical “friction” rattles global markets
By Axel Miller | 16 Mar 2026
Walmart-backed PhonePe suspends IPO plans due to Middle East conflict and market volatility. Microsoft and Tiger Global exit plans are on hold.
Dubai Airport reopens gradually after drone attack ignites fuel blaze
By Cygnus | 16 Mar 2026
Dubai International Airport (DXB) resumes operations following a drone-induced fuel tank blaze. Learn about flight diversions, cancellations, and the impact on global aviation.
Amazon Air expands cargo network with Guwahati–Kolkata route
By Axel Miller | 13 Mar 2026
Amazon Air adds Guwahati and Kolkata to its India cargo network to speed deliveries in the Northeast.
Volkswagen begins mass production of EV developed with XPeng
By Cygnus | 13 Mar 2026
Volkswagen begins production of the ID. UNYX 08 EV developed with XPeng at its Hefei plant.
Global carmakers face $70 billion setback as EV strategies shift
By Cygnus | 13 Mar 2026
Global automakers book over $70 billion in writedowns as EV strategies shift toward hybrids.
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