Industry - general
Ford cancels $6.5 billion battery deal with LGES amid massive EV strategy reset
By Cygnus | 17 Dec 2025
Ford cancels $6.5B battery deal with LGES and takes a $19.5B write-down. Automaker pivots to "EREV" trucks with 700 mile range, citing EU policy shifts and weak EV demand.
Vedanta Aluminium expands Lanjigarh refinery to 5 MTPA, boosts India’s global rank
By Axel Miller | 17 Dec 2025
Vedanta expands Lanjigarh refinery to 5 MTPA, pushing India to become the world’s 3rd largest alumina producer. November output hits record high.
Larsen & Toubro wins large orders for Omkareshwar museum and FIFA stadium
By Cygnus | 17 Dec 2025
L&T bags large orders worth ₹2,500-5,000 crore for Omkareshwar museum, FIFA stadium in Assam, and Mumbai luxury towers.
ACME Solar commissions 52 MW of Gujarat wind project; shares rise
By Axel Miller | 17 Dec 2025
ACME Solar commissions 52 MW of 100 MW wind project in Gujarat, appoints new supply chain chief; stock rises 1.36% to ₹234.06.
IndiGo overtakes Air India Group in international traffic after six-year gap
By Axel Miller | 17 Dec 2025
IndiGo overtakes Air India Group in international passenger traffic in Q3 2025, carrying 4.14 million passengers despite domestic operational challenges.
Volkswagen closes historic Dresden plant, rebrands site as AI research hub
By Axel Miller | 17 Dec 2025
Volkswagen ends production at Dresden ‘Transparent Factory’ after 24 years; site to become AI research hub amid historic restructuring.
Tata Power to Finalize ₹6,500 Crore Wafer-Ingot Plant by January, Deepening Solar Push
By Axel Miller | 16 Dec 2025
Tata Power to finalize ₹6,500 crore solar wafer-ingot plant by Jan 2026; eyes 10GW capacity and backward integration to cut imports.
TotalEnergies Inks 21-Year Deal to Power Google’s Data Centers in Malaysia
By Cygnus | 16 Dec 2025
TotalEnergies signs 21-year renewable power deal with Google for Malaysia data centers, sourcing 1 TWh of energy total from a new solar plant to support AI growth.
Wheels India Partners with Japan’s Topy Industries to Scale Alloy Wheel Business
By Cygnus | 15 Dec 2025
Wheels India partners with Japan’s Topy Industries for aluminium alloy wheels tech; plans capacity expansion to 1 million units by FY27.
DS Jindal Group launches cab-hailing service ‘Trevel’
By Unnikrishnan | 15 Dec 2025
DS Jindal Group’s ‘Trevel’ launches as a new EV cab service in Gurugram, aiming to beat Ola/Uber reliability with fixed prices.
From Tesla to Porsche: Winners and losers in the car industry in 2025
By Cygnus | 15 Dec 2025
2025 Auto Industry Review: While Ferrari and ultra-luxury brands thrive with full order books, Porsche and Tesla face profit drops and strategic pivots. Plus: What Cadillac’s F1 entry means for 2026.
From Tesla to Porsche: Winners and losers in the car industry in 2025
By Cygnus | 15 Dec 2025
2025 Auto Industry Review: While Ferrari and ultra-luxury brands thrive with full order books, Porsche and Tesla face profit drops and strategic pivots. Plus: What Cadillac’s F1 entry means for 2026.
JSW Energy Unit Signs 25-Year Pact to Supply 400 MW Power to Karnataka Discoms
By Cygnus | 12 Dec 2025
JSW Energy signs 25-year PPA to supply 400 MW to Karnataka discoms at ₹5.78/kWh; stock jumps 5% as open capacity drops to 5%.
Foxconn to Invest $510 Million in New Kaohsiung Headquarters in Taiwan
By Axel Miller | 12 Dec 2025
Foxconn commits $510M to build a new 45-story headquarters in Kaohsiung’s Asia New Bay Area. The “Y15” complex will drive EV and AI innovation, with completion targeted for 2033.
ISRO to Launch 6.5-Tonne BlueBird-6, Its Heaviest US Commercial Satellite Yet
By Axel Miller | 11 Dec 2025
ISRO to launch 6.5-tonne BlueBird-6 satellite on LVM3 rocket Dec 15. The AST SpaceMobile mission marks India’s heaviest US commercial launch yet.
Makino India Pivots to Aerospace and Chips as It Marks 30 Years of Precision Manufacturing
By Axel Miller | 11 Dec 2025
Makino India marks 30 years with a strategic pivot to automation and precision manufacturing for the EV, aerospace, and semiconductor industries.
South Korea’s SK On and Ford Motor to End U.S. Battery Joint Venture
By Cygnus | 11 Dec 2025
Ford and SK On dissolve their $11.4B BlueOval SK joint venture. Ford takes full control of Kentucky plants, while SK On retains the Tennessee site amid EV market shifts.
Over 30 Sanctioned Vessels in Venezuela Face Fresh Risk After U.S. Seizes Tanker
By Axel Miller | 11 Dec 2025
U.S. seizes Venezuelan oil tanker Skipper, putting over 30 sanctioned vessels at risk and rattling the global shadow fleet.
Airbus CEO Acknowledges Boeing May Lead 2025 Aircraft Order Race
By Cygnus | 10 Dec 2025
Airbus CEO admits Boeing likely wins 2025 order race, leading 908-700. Trade deals aid Boeing, but Airbus retains top backlog and delivery spots.
Venture Global Rejects Shell's Fraud Claims as LNG Battle Intensifies
By Axel Miller | 10 Dec 2025
Venture Global denies Shell’s fraud allegations in New York court filing, citing confidentiality breaches while signaling potential settlement talks. Stock slides to $6.56.
Samsung SDI Wins $1.36 Billion U.S. Battery Order as Pivot to Grid Storage Accelerates
By Cygnus | 10 Dec 2025
Samsung SDI signs a $1.36 billion deal to supply LFP batteries for U.S. energy storage systems, converting EV production lines in Indiana to meet grid demand.
DGCA summons IndiGo CEO, orders audits at 11 airports as flight crisis deepens
By Axel Miller | 10 Dec 2025
DGCA summons IndiGo CEO Pieter Elbers and orders immediate audits at 11 airports as flight cancellations and passenger complaints escalate across India.
Maruti Suzuki Crosses 3 Crore Domestic Sales Milestone — A New Chapter in India’s Automotive Story
By Cygnus | 05 Nov 2025
Maruti Suzuki India has achieved a major milestone, surpassing 3 crore cumulative vehicle sales in the domestic market — a feat that underscores its decades-long dominance in India’s automotive industry.
Uber Rebrands ‘Green’ as ‘Electric,’ Offers $4,000 Incentives to U.S. Drivers to Accelerate EV Adoption
By Axel Miller | 22 Oct 2025
Uber Technologies is intensifying its commitment to achieving zero-emission rides by 2040, marked by a significant rebrand and a new incentive program for drivers.
Jaguar Land Rover Cyberattack Estimated to Cost UK Economy $2.5 Billion
By Cygnus | 22 Oct 2025
A major cyberattack targeting Jaguar Land Rover (JLR), the luxury carmaker owned by India’s Tata Motors, has dealt a heavy blow to the British economy—causing an estimated £1.9 billion
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Featured articles
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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