Industry - general

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

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

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

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.

Oswal Energies signs MoU with Abu Dhabi’s ATS, outlines $1 billion Middle East expansion

Oswal Energies signs MoU with Abu Dhabi’s ATS, outlines $1 billion Middle East expansion

By Axel Miller | 16 Jan 2026

Oswal Energies signs an MoU with Abu Dhabi’s ATS to build an EPC-DBO alliance and expand in the Middle East with planned investment of up to $1B.

The New Oil (Part 4): Can Technology Break the Dependency?

The New Oil (Part 4): Can Technology Break the Dependency?

By Cygnus | 16 Jan 2026

Can magnet recycling and rare-earth-free motors reduce global dependence on strategic minerals? Part 4 explores breakthroughs, limits and timelines.

L&T Wins ‘Large’ Petronet Contract to Build Storage at Dahej Petrochemical Complex

L&T Wins ‘Large’ Petronet Contract to Build Storage at Dahej Petrochemical Complex

By Cygnus | 16 Jan 2026

L&T wins a ₹2,500–₹5,000 crore Petronet LNG order to build ethane and propane storage tanks at Dahej, supporting India’s cold energy petrochemical complex.

Wipro Beats Q3 Revenue Estimates on Growth in Americas Business

Wipro Beats Q3 Revenue Estimates on Growth in Americas Business

By Axel Miller | 16 Jan 2026

Wipro Q3 revenue rose 5.54% to ₹235.56 billion, beating estimates as growth in its Americas business signals steadier demand from U.S. clients.

Grasim Taps ITC Veteran Sachin Sahay to Lead Birla Opus in Paint Wars

Grasim Taps ITC Veteran Sachin Sahay to Lead Birla Opus in Paint Wars

By Cygnus | 16 Jan 2026

Grasim appoints ITC veteran Sachin Sahay as CEO of Birla Opus Paints from Feb 16, strengthening execution as competition with Asian Paints heats up.

NLC India Seals ₹25,000 Crore Green Energy Pact with Gujarat; Board Clears NIRL IPO

NLC India Seals ₹25,000 Crore Green Energy Pact with Gujarat; Board Clears NIRL IPO

By Axel Miller | 14 Jan 2026

NLC India signed a ₹25,000 crore renewable energy MoU with Gujarat and granted in-principle approval for an IPO of its green arm NIRL. The PSU also declared a ₹3.60 interim dividend.

India Becomes First Hub Outside the U.S. to Assemble Mercedes-Maybach GLS 600

India Becomes First Hub Outside the U.S. to Assemble Mercedes-Maybach GLS 600

By Cygnus | 14 Jan 2026

Mercedes-Benz India has begun local assembly of the Mercedes-Maybach GLS 600 at Chakan, cutting the SUV’s price by ₹42 lakh to ₹2.75 crore and boosting availability.

BP Signals Up to $5 Billion in Write-Downs as Strategy Shifts Back Toward Core Oil and Gas

BP Signals Up to $5 Billion in Write-Downs as Strategy Shifts Back Toward Core Oil and Gas

By Axel Miller | 14 Jan 2026

BP expects $4–$5 billion in post-tax impairments in Q4 2025, mainly tied to its Gas & Low Carbon Energy segment, as the company continues its portfolio reset.

L&T Clinches Up to ₹5,000 Crore Deal for 3,000 MW Saidongar-1 Pumped Storage Project

L&T Clinches Up to ₹5,000 Crore Deal for 3,000 MW Saidongar-1 Pumped Storage Project

By Cygnus | 14 Jan 2026

L&T has won a large contract worth up to ₹5,000 crore from Torrent Energy Storage Solutions to build the 3,000 MW Saidongar-1 pumped storage project in Maharashtra.

Ducati India Lines Up 10 Launches for 2026; Pricing Details to Follow

Ducati India Lines Up 10 Launches for 2026; Pricing Details to Follow

By Cygnus | 13 Jan 2026

Ducati India has confirmed 10 launches for 2026 across superbikes, touring and performance models. The year begins with the Panigale V4 R priced at ₹84.99 lakh.

TVS SCS Bags Three-Year Daimler Contract for In-Plant Warehouse Management in Chennai

TVS SCS Bags Three-Year Daimler Contract for In-Plant Warehouse Management in Chennai

By Axel Miller | 13 Jan 2026

TVS Supply Chain Solutions has won a three-year Daimler India Commercial Vehicles mandate to manage in-plant warehouse operations at DICV’s Chennai plant. The company will deploy about 700 staff and roll out IoT and analytics tools.

Tata Motors Ramps Up Capacity as Sierra Deliveries Near and Punch Facelift Debuts

Tata Motors Ramps Up Capacity as Sierra Deliveries Near and Punch Facelift Debuts

By Cygnus | 13 Jan 2026

Tata Motors is ramping up production ahead of Sierra deliveries from Jan 15 and the Punch facelift launch priced from ₹5.59 lakh. The updated Punch adds a segment-first iCNG AMT as Tata targets higher clean-fuel penetration in 2026.

As EU Trade Deal Nears Completion, BMW Flags Risk of Chinese Carmakers Entering India via Europe

As EU Trade Deal Nears Completion, BMW Flags Risk of Chinese Carmakers Entering India via Europe

By Axel Miller | 13 Jan 2026

As India and the EU near a Free Trade Agreement, BMW warns weak safeguards could enable Chinese automakers to enter India via Europe. The carmaker proposes a €20,000–€30,000 price floor and stricter rules of origin.

L&T Secures Major Bridge Project in West Bengal; Stock Slips on Kuwait Tender Uncertainty

L&T Secures Major Bridge Project in West Bengal; Stock Slips on Kuwait Tender Uncertainty

By Axel Miller | 13 Jan 2026

L&T wins a significant bridge project in West Bengal to improve Sagar Island connectivity, but shares fall as markets track potential Kuwait upstream tender uncertainty.

Essar to Invest ₹5,100 Crore in Gujarat Bio-Fuel Project, Targets Operations by 2029

Essar to Invest ₹5,100 Crore in Gujarat Bio-Fuel Project, Targets Operations by 2029

By Axel Miller | 13 Jan 2026

Essar Future Energy will invest ₹5,100 crore in a 1 MTPA greenfield bio-fuel complex in Gujarat’s Devbhumi Dwarka. SAF and HVO production targeted by 2029.

Ola Electric Diversifies Into Home Energy, Launches ‘Shakti’ Residential Battery System

Ola Electric Diversifies Into Home Energy, Launches ‘Shakti’ Residential Battery System

By Axel Miller | 12 Jan 2026

Ola Electric launches ‘Shakti’ residential battery energy storage system with prices starting ₹29,999, expanding beyond EVs into home backup power solutions.

Saudia Resumes Kozhikode Operations, Boosting India Footprint

Saudia Resumes Kozhikode Operations, Boosting India Footprint

By Cygnus | 12 Jan 2026

Saudia will resume Riyadh–Kozhikode flights from Feb 1, 2026, restoring a key India–Saudi air link and expanding its India network to seven cities.

Coromandel International to Anchor Future Growth With New Research Hub at IIT Madras

Coromandel International to Anchor Future Growth With New Research Hub at IIT Madras

By Cygnus | 12 Jan 2026

Coromandel International signs MoU with IIT Madras to set up a Corporate Research Centre at IITM Research Park, focusing on nano-fertilisers and sustainable agri-input innovation.

Maruti Suzuki and Indian Oil Ink Landmark Deal for Fuel-Station Service Hubs

Maruti Suzuki and Indian Oil Ink Landmark Deal for Fuel-Station Service Hubs

By Axel Miller | 12 Jan 2026

Maruti Suzuki and Indian Oil sign a landmark MoU to set up vehicle service hubs at 41,000 fuel stations. Routine maintenance and minor repairs to be available at IOCL outlets starting Jan 2026.

The Battle for the Skies: Air India’s Widebody Bet vs IndiGo’s XLR Gambit

The Battle for the Skies: Air India’s Widebody Bet vs IndiGo’s XLR Gambit

By Cygnus | 12 Jan 2026

Air India vs IndiGo fleet strategy 2026: Air India expands with new Boeing 787-9 widebodies while IndiGo uses A321XLR efficiency and IndiGoStretch to reshape long-haul economics.

Reliance Refutes “Pause” in Battery Roadmap; Refocuses on BESS Assembly

Reliance Refutes “Pause” in Battery Roadmap; Refocuses on BESS Assembly

By Axel Miller | 12 Jan 2026

Reliance refutes reports of a battery project halt, clarifying its 2026 Jamnagar roadmap remains on track despite China’s latest tech export restrictions.

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

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

By Axel Miller | 12 Jan 2026

Air India’s comeback under Tata enters a new phase as its first post-privatisation custom Dreamliner strengthens the fleet renewal push for premium long-haul travel.

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