Industry - general

Honeywell to split into 3, spin off automation and aerospace businesses
07 Feb 2025
Honeywell on Thursday announced the completion of a comprehensive portfolio review, which would lead to the hiving off of its automation and aerospace businesses.

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.
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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
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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
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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
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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.
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Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.

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

Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.

As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.

The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)

The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.

Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!

COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.

What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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