Industry - general
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
ABB, Skoda Group tie up to supply new battery-electric trains for Czech railways
24 Jan 2025
Electrical and instrumentation group ABB has entered into a long-term agreement with transportation group Skoda, under which ABB will supply its Pro Series battery packs
Hindenburg founder to close short-seller behind Adani, Nikola selloffs
16 Jan 2025
One man who is bound to be very happy with the news of Hindenburg Research closing down will be Gautam Adani
Oil edges upward, but ambiguity over sanctions restrains momentum
15 Jan 2025
Oil prices rose on Wednesday, reversing a part of an earlier session’s decline. The reason – apprehensions over potential disruptions tied to sanctions on Russian oil tankers
EU revisits antitrust scrutiny on Apple, Google, and Meta
14 Jan 2025
In what could become a dramatic turnaround, the European Union is reevaluating its scrutiny of tech behemoths, including Apple, Meta, and Google.
Oil prices rise as US sanctions target Russian exports to China and India
13 Jan 2025
Oil prices continued their upward trajectory for the third consecutive session on Monday, with Brent crude crossing $80 per barrel for the first time in over four months.
Berger, JSW look to acquire Akzo Nobel’s decorative paints business in India
11 Jan 2025
Berger Paints and JSW Paints are looking at acquiring Akzo Nobel, the maker of Dulux paints, as the Dutch multinational has started a review if its decorative pains business in South Asia.
Australia's Telstra ties up with Musk's StarLink for remote area connectivity
11 Jan 2025
Telstra, Australia’s top telecom service provider, on Thursday announced a collaboration with Elon Musk’s StarLink, to bring satellite-to-mobile phone connectivity to provide connectivity to customers in remote regions.
Tesla unveils redesigned Model Y in China to outpace competitors
By Cygnus | 10 Jan 2025
Tesla has launched a revamped version of its popular Model Y in China, aiming to strengthen its position in the highly competitive electric vehicle (EV) market.
Saudi Aramco and Sonatrach announce significant LPG price cuts
09 Jan 2025
In a move set to impact global energy markets, Saudi Aramco and Algeria’s Sonatrach have announced substantial price cuts for liquefied petroleum gas (LPG)
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
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
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
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
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
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
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
CSIR develops antibiotic for drug-resistant bacteria, indigenous formula for Paracetamol
08 Jan 2025
Council of Scientific and Industrial Research (CSIR) has reported important breakthroughs, which include development of an anti-biotic to fight drug-resistant bacteria
Bajaj Auto overtakes Ola Electric, becomes India’s biggest EV scooter brand
07 Jan 2025
Bajaj Auto, one of India’s oldest two-wheeler brands, has taken a 25 per cent share in the country’s electric two-wheeler market in December 2024
Boeing faces continued scrutiny after 737 MAX incident, says outgoing US transport secretary
By Cygnus | 07 Jan 2025
Outgoing US transportation secretary Pete Buttigieg has stated that Boeing still has substantial work ahead in improving its corporate culture and safety protocols.
India’s metro rail network is now world’s third largest, and growing
06 Jan 2025
India’s metro rail system has grown to a 1,000 km network covering 23 cities across 11 states, emerging as the third-largest metro system in the world.
MSME exports nearly quadruple in 5 years to Rs12.39 lakh crore
26 Dec 2024
Exports from micro, small, and medium enterprises (MSMEs) in India nearly quadrupled to Rs12.39 lakh crore in 2024-25 from Rs3.95 lakh crore in 2020-21
New Trai framework ensures traceability of SMS
25 Dec 2024
The Telecom Regulatory Authority of India (Trai) has implemented a framework to ensure traceability of commercial SMS, in an effort to create a spam-free messaging ecosystem.
India’s telephone subscriber base shrinks in October
23 Dec 2024
The number of telephone subscribers in India decreased by 0.21 per cent to 1,188.20 million at the end of October 2024, from 1,190.66 million at the end of September.
MoU between SIA-India and Ghana Space Science inked
By Venkatachari Jagannathan | 20 Dec 2024
The SatCom Industry Association-India (SIA-India) on Friday said it has inked a Memorandum of Understanding (MoU) with the Ghana Space Science and Technology Institute (GSSTI) for furthering collaboration in the satellite communication and space sector.