NEWS

BP Eyes 44% boost in oil production from India’s largest field, says ONGC

BP Eyes 44% boost in oil production from India’s largest field, says ONGC

09 Jan 2025

India’s largest oil and gas field, located off the country’s west coast, is set for a major output surge, as energy giant BP commits to ramping up oil production

Hyundai Motor Group announces record $16.7 billion investment in South Korea for 2025

Hyundai Motor Group announces record $16.7 billion investment in South Korea for 2025

By Axel Miller | 09 Jan 2025

Hyundai Motor Group, South Korea’s automotive giant, is set to make a landmark domestic investment of 24.3 trillion won ($16.65 billion) in 2025,

Mahindra sets up integrated EV and battery manufacturing facility at Chakan

Mahindra sets up integrated EV and battery manufacturing facility at Chakan

09 Jan 2025

Mahindra & Mahindra has set up a dedicated manufacturing facility for electric vehicles (EVs) and an assembly line for batteries at its Chakan complex in Pune

SEBI warns Ola Electric over disclosure violations

SEBI warns Ola Electric over disclosure violations

By Cygnus | 08 Jan 2025

India’s market regulator, the Securities and Exchange Board of India (SEBI), has issued a stern warning to Ola Electric for failing to follow disclosure norms.

Oil prices surge amid Russian and OPEC supply cuts, US crude stocks decline

Oil prices surge amid Russian and OPEC supply cuts, US crude stocks decline

08 Jan 2025

Oil prices climbed on Wednesday as tightening supplies from Russia and OPEC members combined with a drop in US crude oil inventories.

ONGC partners with BP to boost production at Mumbai High Field

ONGC partners with BP to boost production at Mumbai High Field

08 Jan 2025

India’s biggest oil and gas explorer, Oil and Natural Gas Corporation (ONGC), has teamed up with global energy giant BP to enhance oil and gas production from the Mumbai High offshore field

Tata Punch emerges 2024 top selling car, ends Maruti’s unbeaten 40-year run

Tata Punch emerges 2024 top selling car, ends Maruti’s unbeaten 40-year run

08 Jan 2025

Tata Motors SUV Punch emerged the highest selling passenger car in India, with a sales volume of 2.02 lakh units in 2024

Microsoft to invest $3 billion in AI and cloud infrastructure in India

Microsoft to invest $3 billion in AI and cloud infrastructure in India

By Cygnus | 08 Jan 2025

Microsoft has announced plans to invest $3 billion in India over the next two years, focusing on artificial intelligence (AI), cloud infrastructure, and workforce skilling.

Centre to revamp income tax filing rules: key simplifications expected in upcoming budget

Centre to revamp income tax filing rules: key simplifications expected in upcoming budget

08 Jan 2025

The Indian government is preparing to overhaul its decades-old income tax filing rules in the upcoming Union budget.

Amazon AWS investment: $11 billion to boost AI and cloud infrastructure in Georgia

Amazon AWS investment: $11 billion to boost AI and cloud infrastructure in Georgia

By Cygnus | 08 Jan 2025

Amazon has announced a groundbreaking $11 billion investment through its cloud computing division, Amazon Web Services (AWS), to expand infrastructure in Georgia

Tesla Cybertruck blast in Las Vegas: ChatGPT allegedly used for planning police report

Tesla Cybertruck blast in Las Vegas: ChatGPT allegedly used for planning police report

By Cygnus | 08 Jan 2025

The tragic Tesla Cybertruck explosion outside the Trump International Hotel in Las Vegas on New Year’s Day has taken a worrisome technological twist

CCI approves Tata Electronic’s proposal to acquire Pegatron India

CCI approves Tata Electronic’s proposal to acquire Pegatron India

08 Jan 2025

Competition Commission of India (CCI) has approved the proposed acquisition of majority shareholding of Pegatron Technology India Pvt Ltd by Tata Electronics Pvt Ltd

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