NEWS
India crosses 27,000 EV charger milestone as petrol pumps morph into “energy stations”
By Axel Miller | 26 Dec 2025
India installs 27,432 EV chargers at petrol pumps in 2025. Ministry review highlights new "Energy Stations," 19.24% ethanol blending, and huge forex savings.
Nvidia strikes $20 billion “acqui-hire” deal for Groq to dominate AI inference
By Cygnus | 26 Dec 2025
Nvidia signs a $20B “acqui-hire” deal with Groq, securing founder Jonathan Ross and LPU tech. The move targets AI inference dominance while avoiding antitrust.
LG Energy Solution scraps 3.9 trillion won deal as partner exits battery market
By Axel Miller | 26 Dec 2025
LG Energy Solution terminates a 3.9 trillion won deal as Freudenberg exits the battery market. LGES also pivots with a $2.86B asset sale to Honda in Ohio.
South Korea indicts 10 in multi-trillion won chip espionage linked to China’s CXMT
By Cygnus | 26 Dec 2025
South Korea indicts 10 for stealing Samsung's 10nm DRAM secrets for China’s CXMT. A “handwritten notebook” heist caused an estimated 5 trillion won loss.
BP to sell 65% stake in Castrol to Stonepeak for $6 billion
By Unnikrishnan | 25 Dec 2025
BP sells 65% of Castrol to Stonepeak for $6B, valuing the unit at $10B.[1][2][3][4][5][6] The deal cuts debt and forms a new JV, with BP retaining a 35% stake.
Reliance got one-month reprieve from US sanctions on oil imports from Russia: report
By Unnikrishnan | 25 Dec 2025
Reliance secures a 1-month US waiver for pre-contracted Russian oil. RIL diverts Rosneft cargoes to domestic units to safeguard EU exports.
Govt clears way for 3 new airlines as IndiGo crisis lingers
By Unnikrishnan | 25 Dec 2025
Amid IndiGo's crisis, the Govt fast-tracks approvals for Shankh Air, Al Hind, and FlyExpress to expand traveler options and break the market duopoly.
India’s core sector production increased by 1.8% in November
By Unnikrishnan | 24 Dec 2025
India’s core sector output grew 1.8% in Nov 2025, led by a surge in cement and steel. Cumulative growth stands at 2.4% for Apr-Nov despite energy dips.
GAIL, Chhattisgarh govt sign MoU to explore 12.7 LMT gas-based urea plant
By Axel Miller | 23 Dec 2025
GAIL signs MoU with Chhattisgarh for 12.7 LMT greenfield urea plant along MNJPL corridor. CM Vishnu Deo Sai backs major push for domestic fertiliser self-reliance.
AI data centers are reviving obsolete ‘peaker’ power plants in Chicago; PJM prices hit record cap
By Cygnus | 23 Dec 2025
AI demand revives Chicago’s Fisk peaker plant. NRG delays retirement as PJM capacity prices hit record $333.44 cap, sparking environmental concerns.
India concludes free-trade talks with New Zealand, signs MoU
By Unnikrishnan | 23 Dec 2025
India and New Zealand conclude historic FTA talks. Deal excludes dairy to protect farmers but slashes tariffs on 95% of goods. NZ to invest $20 billion.
Tata Motors plans five new EV launches by FY30; targets 50% market share
By Axel Miller | 23 Dec 2025
Tata Motors unveils FY30 roadmap: 5 new EVs including Sierra.ev & Avinya. Targets 50% market share as cumulative sales cross the 2.5 lakh milestone.
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