Industry - general

Hindalco announces $2.3 billion aluminium smelter expansion in India

By Cygnus | 27 Jan 2026

Hindalco plans to invest about $2.3 billion in an aluminium smelter expansion in Odisha and has commissioned a battery-grade foil plant to support EV and energy storage supply chains.

Apple supplier Pegatron targets March-end completion of first U.S. factory in Texas

By Cygnus | 23 Jan 2026

Apple supplier Pegatron expects its first U.S. factory in Texas to be completed by end-March 2026, with trial production planned for late March or April.

India antitrust probe links Tata Steel, JSW to alleged steel cartel via WhatsApp chats

By Axel Miller | 23 Jan 2026

India’s competition watchdog linked Tata Steel, JSW Steel, SAIL and RINL to alleged price coordination and production cuts using WhatsApp chats and production data, Reuters reported.

Godrej Industries explores consumer, animal feed acquisitions as valuations stay high

By Axel Miller | 23 Jan 2026

Godrej Industries is exploring acquisitions in consumer goods and animal feed, Group Chair Nadir Godrej said at Davos, as India’s dealmaking momentum and growth outlook stay strong.

Renault bets on Duster revival to rebuild India business with premium SUV push

By Cygnus | 23 Jan 2026

Renault will revive the Duster SUV in India on Jan 26, 2026 as part of a premium-led strategy, backed by full control of its Chennai plant and a wider product push.

IndiGo Launches Non-Stop Flights to Athens From Mumbai and Delhi

By Cygnus | 23 Jan 2026

IndiGo launched non-stop flights to Athens from Mumbai on Jan 23 and will start Delhi services on Jan 24, expanding its Europe network using the Airbus A321XLR.

Micron’s $2.75 Billion Gujarat Chip Facility to Start Commercial Operations by End-February

By Cygnus | 23 Jan 2026

Micron’s $2.75 billion Gujarat semiconductor ATMP facility in Sanand is expected to begin commercial operations by end-February 2026, Ashwini Vaishnaw said at Davos.

Sun Pharma Gets DCGI Nod for Generic Wegovy, Set for March Launch as Semaglutide Patent Nears Expiry

By Axel Miller | 23 Jan 2026

Sun Pharma has received DCGI approval for generic semaglutide for weight management and will launch Noveltreat after the semaglutide patent expires in March 2026.

The New Airspace Economy: How Geopolitics Is Rewriting Aviation Costs in 2026

By Axel Miller | 22 Jan 2026

Airspace bans, sanctions and corridor risk are forcing airlines into costly detours in 2026, raising fuel burn, reducing aircraft utilisation and pushing airfares higher worldwide.

Sony–TCL TV Joint Venture: Redefining the Bravia Era

By Cygnus | 22 Jan 2026

Sony and TCL signed an MoU to form a TV joint venture, with TCL holding 51% control and Sony retaining 49%, signalling a major reshaping of the Bravia era.

DP World to Develop Rail-Linked Inland Logistics Hub in Madhya Pradesh

By Cygnus | 22 Jan 2026

DP World signed an agreement with Madhya Pradesh at Davos to develop an 88.3-acre rail-linked inland logistics hub at Powarkheda connecting central India to JNPA Mumbai.

HPCL to Start Crude Processing at ₹73,000 Crore Barmer Refinery by Month-End

By Cygnus | 22 Jan 2026

HPCL will start crude processing at its ₹72,937 crore HRRL refinery in Rajasthan by late January, lifting capacity and strengthening India’s fuel and petrochemicals supply.

Fujiyama Commissions 1 GW Solar Cell Plant in UP, Steps Up Backward Integration

By Cygnus | 22 Jan 2026

Fujiyama Power Systems (UTL Solar) commissioned a ₹300 crore 1 GW solar cell plant in Dadri, UP, boosting backward integration and DCR-compliant capacity.

Hyundai Union Flags ‘Employment Shock’ Over Atlas Humanoid Robot Rollout

By Cygnus | 22 Jan 2026

Hyundai Motor’s union warned that humanoid robots will not be allowed on production floors without approval, raising job concerns as Atlas rollout plans target 2028.

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.

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.

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.

Adani Group Unveils $66 Billion Maharashtra Investment Roadmap at Davos

By Cygnus | 21 Jan 2026

Adani Group announced a ₹6 lakh crore ($66 billion) Maharashtra roadmap at WEF Davos 2026, spanning NMIA ecosystem, pumped hydro and green data centers.

India, UAE Formalize $3 Billion LNG Deal, Set Sights on $200 Billion Trade Target by 2032

By Cygnus | 20 Jan 2026

India and the UAE sealed an LNG supply deal valued up to $3 billion, with ADNOC Gas to supply HPCL from 2028, as both nations target $200 billion trade by 2032.

Russia’s Oil and Gas Revenue Seen Down 46% in January

By Axel Miller | 19 Jan 2026

Russia’s oil and gas tax revenue is projected to fall 46% in January to about 420 billion roubles as lower oil prices and a stronger rouble squeeze budget inflows.

Bolivia vows to honour energy and lithium contracts to rebuild investor confidence

By Cygnus | 19 Jan 2026

Bolivia’s new centrist government pledged to honour all oil, gas and lithium contracts, including deals with Chinese and Russian firms, as it drafts new laws to revive output and attract investment.