NEWS
Air India Faces ₹150 Billion FY26 Loss After Ahmedabad Crash and Pakistan Airspace Ban Extension
By Cygnus | 22 Jan 2026
Air India is expected to report a FY26 loss of at least ₹150 billion after the June 2025 Ahmedabad crash and Pakistan’s extended airspace ban raised costs.
Reliance to Resume Purchases of Sanctions-Compliant Russian Oil in February and March
By Axel Miller | 22 Jan 2026
Reliance Industries is set to resume buying sanctions-compliant Russian crude in Feb-Mar after a January pause, using a dual-refinery strategy to retain EU fuel exports.
Egypt Boosts Gulf of Suez Output With New Well as Energy Investments Accelerate
By Cygnus | 21 Jan 2026
Egypt began production at the Al-Wasl-4 well in the North Safa field, adding 2,250 bpd and lifting GUPCO output to about 65,000 bpd as drilling accelerates.
Raymond Realty Bets Big on Central Mumbai With ₹5,000 Crore Wadala Housing Project
By Axel Miller | 21 Jan 2026
Raymond Realty entered central Mumbai with The Address by GS, Wadala, a 5.62-acre premium housing project with ₹5,000 crore revenue potential under an asset-light JDA model.
JPMorgan and Allen & Co Set for $180 Million Fee Windfall as Netflix Goes All-Cash in Warner Bros Battle
By Cygnus | 21 Jan 2026
JPMorgan and Allen & Co are set to earn $180 million in fees as Netflix shifts to an all-cash $82.7B bid for Warner Bros to counter Paramount Skydance’s hostile offer.
Rupee Hits Record Low Amid Greenland Tensions and Global Trade Turmoil
By Axel Miller | 21 Jan 2026
The rupee fell to a record close of 91.6950 per dollar as global risk aversion intensified on Greenland-related tensions and tariff threats, pressuring emerging markets.
Meta’s New AI Lab Delivers First Internal Models as Company Sharpens Consumer AI Push
By Cygnus | 21 Jan 2026
Meta CTO Andrew Bosworth said at Davos that Meta Superintelligence Labs delivered its first key AI models internally this month, sharpening the company’s consumer AI push.
Indian Refiners Rebalance Crude Sourcing as Govt Seeks Weekly Data on Russian, U.S. Oil Flows
By Axel Miller | 21 Jan 2026
Indian refiners trimmed Russian crude intake in December as OPEC regained share, while India asked refiners for weekly data on Russian and U.S. oil imports.
Unilever Weighs Hyderabad for Global Capability Centre as Telangana Pitches $3 Trillion Vision at Davos
By Cygnus | 21 Jan 2026
Unilever is exploring a Global Capability Centre in Hyderabad after Davos talks with Telangana, as the state also pushes Bharat Future City with UAE support.
Bank of Baroda, IIFCL Sign MoU to Strengthen Infra Financing via Joint Lending and Loan Syndication
By Axel Miller | 21 Jan 2026
Bank of Baroda and IIFCL signed an MoU to expand joint lending and loan syndication for infrastructure projects as India accelerates green and long-tenure capex.
Pixxel-Led ‘Allied Orbits’ Consortium Signs ₹1,200 Crore Pact with IN-SPACe for India’s First Private EO Constellation
By Cygnus | 21 Jan 2026
Pixxel-led Allied Orbits signed a pact with IN-SPACe to build India’s first private EO constellation, investing over ₹1,200 crore for a 12-satellite network.
L&T Vyoma Breaks Ground on 40 MW Green, AI-Ready Data Centre in Navi Mumbai
By Axel Miller | 21 Jan 2026
L&T Vyoma broke ground on a 40 MW green, AI-ready data centre in Navi Mumbai, the first phase of a planned 100 MW campus as India’s AI demand rises.
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