Industry - general

GM to Take $6 Billion Writedown as It Scales Back EV Ambitions Amid Policy Shift

By Axel Miller | 09 Jan 2026

GM announces a $6 billion writedown tied to scaling back EV production and canceling supplier contracts amid shifting demand and policy changes.

Johnson & Johnson Cuts Drug Prices to Secure Tariff Exemptions in Trump Deal

By Cygnus | 09 Jan 2026

Johnson & Johnson agrees to cut U.S. drug prices in exchange for tariff relief from the Trump administration and plans new factories in North Carolina and Pennsylvania.

Granules India Secures USFDA Tentative Approval for Generic ADHD Tablets; Eligible for 180-Day Exclusivity

By Axel Miller | 08 Jan 2026

Granules India arm gets USFDA tentative nod for generic ADHD tablets with 180-day exclusivity eligibility, expanding its $213M CNS portfolio.

The Custom Dreamliner: Air India Reclaims Its Skies with First Post-Privatisation 787-9

By Cygnus | 08 Jan 2026

Air India receives its first custom “line-fit” Boeing 787-9 since privatisation. Discover how the airline is standardizing its wide-body fleet for 2026.

The 2026 Power Paradox: Can India’s Grid Sustain the Physical AI Revolution?

By Axel Miller | 07 Jan 2026

Can India’s grid handle Physical AI? Tata Power’s ₹6,675cr Nellore plant marks a pivot toward energy sovereignty in the 2026 industrial reset.

BYD to launch upgraded plug-in hybrids with 210 km electric range

By Axel Miller | 07 Jan 2026

BYD launches 210 km electric range plug-in hybrids to meet China’s strict 2026 tax standards; doubles battery capacity for Qin and Seal models.

India aims to send astronauts to the Moon by 2040, says former ISRO chief

By Cygnus | 07 Jan 2026

Former ISRO chief A S Kiran Kumar outlines India’s space roadmap: human Moon landing by 2040 and the Bharatiya Antariksha Station (BAS) by 2035.

Samsung Allocates $1.73 Billion for Share Buyback to Retain Talent Amid AI Chip War

By Cygnus | 07 Jan 2026

Samsung Electronics approves $1.73 billion share buyback to fund employee incentives as it eyes Nvidia HBM4 deals and a triple profit surge.

Tata Power to invest ₹6,675 crore in 10 GW solar manufacturing facility in Andhra Pradesh

By Cygnus | 07 Jan 2026

Tata Power to invest ₹6,675 crore in India's largest 10 GW solar ingot and wafer plant in Nellore, Andhra Pradesh; project cleared by SIPB.

CCI approves Nippon Steel’s ₹4,300 crore move to fully acquire Krosaki

By Cygnus | 07 Jan 2026

CCI approves Nippon Steel’s ₹4,345 crore acquisition of Krosaki Harima; full ownership to bolster India's steel supply chain in early 2026.

Mahindra Seals #2 Spot in Indian Auto Market, Eyes Aggressive Growth in 2026

By Axel Miller | 06 Jan 2026

Mahindra & Mahindra climbs to #2 in India's auto market in 2025; launches XUV 7XO and scales EV capacity to 8,000 units/month by March 2026.

The 2026 Industrial Reset: From AI Hype to “Physical AI” Reality

By Cygnus | 06 Jan 2026

The 2026 Industrial Reset is here. Explore how Nvidia’s Alpamayo, Hyundai’s Atlas, and India’s new e-B-4 visa are transforming the physical economy.

Reliance Denies Russian Crude Intake at Jamnagar, Calls Reports ‘Blatantly Untrue’

By Cygnus | 06 Jan 2026

Reliance Industries denies reports of Russian crude bound for Jamnagar as “blatantly untrue,” amid 50% U.S. tariffs and a 5.1% stock crash.

Wipro Secures 1.45 Lakh Sq Ft Expansion at Mindspace SEZ, Navi Mumbai

By Cygnus | 06 Jan 2026

Wipro expands Navi Mumbai footprint with a new 1.45 lakh sq ft lease at Mindspace SEZ, Airoli, as India’s office market hits a record 55.16 mn sq ft absorption in 2025.

Trump Administration to Court U.S. Oil Majors for Venezuela Revival Plan

By Axel Miller | 06 Jan 2026

Trump administration seeks $100B Venezuela oil revival; proposes federal subsidies for Exxon, Chevron, and ConocoPhillips.

CES 2026 Kicks Off: AI and Autonomous Driving Dominate as EV Hype Fades

By Cygnus | 06 Jan 2026

CES 2026 shifts focus to AI and autonomous driving as automakers scale back EV plans amid rising costs and policy changes.

CES 2026 Kicks Off: AI and Autonomous Driving Dominate as EV Hype Fades

By Cygnus | 06 Jan 2026

CES 2026 shifts focus to AI and autonomous driving as automakers scale back EV plans amid rising costs and policy changes.

ABB to build 100 MVA shore-based power system for Port of Rotterdam

By Unnikrishnan | 06 Jan 2026

ABB secures contract to build world's largest 100 MVA shore-based power system at Port of Rotterdam, reducing ship emissions by 96,000 tonnes annually from 2032

2026 Global Tech & Industry Outlook: How AI Is Moving Into the Physical Economy

By Cygnus | 05 Jan 2026

As 2026 begins, AI is moving beyond the cloud into manufacturing, semiconductors, energy, and infrastructure—reshaping costs, competition, and long-term business strategy.

RBI’s new digital banking rules kick in, pushing banks into tighter authorisation regime

By Cygnus | 05 Jan 2026

RBI’s new digital banking directions officially take effect Jan 1, 2026; mandates strict authorization, ₹50cr net worth, and explicit consent for banks.

Adani Group begins work on 570 MW Wangchhu hydropower project in Bhutan

By Axel Miller | 05 Jan 2026

Adani Group begins work on the 570 MW Wangchhu Hydro Project in Bhutan; ₹6,000 crore investment to boost regional renewable energy ties.

Mahindra unveils XUV 7XO, pushing deeper into India’s tech-led premium SUV race

By Cygnus | 05 Jan 2026

Mahindra unveils the XUV 7XO on Jan 5, 2026; features a triple-screen dashboard, Level 2+ ADAS, and AI-driven ride tech.

Apple AmPLIfied: India-made iPhone exports cross historic $50 billion milestone

By Axel Miller | 05 Jan 2026

Apple hits a landmark $50 billion in iPhone exports from India; IT Minister Ashwini Vaishnaw confirms massive growth under the PLI scheme

Centre clears 24 chip design projects to supercharge India’s semiconductor ecosystem

By Cygnus | 05 Jan 2026

MeitY clears 24 homegrown chip design projects under India’s ₹76,000 cr DLI scheme to boost domestic semiconductor IP and IoT innovation.

L&T secures major SAIL contract to revamp IISCO Burnpur plant

By Unnikrishnan | 03 Jan 2026

L&T secures major EPC contract from SAIL to modernize IISCO's Burnpur steel plant, boosting capacity to 6.5 MTPA.