Industry - general

Air India Express set for first operating profit under Tata, internal memo indicates

By Cygnus | 05 Feb 2026

Air India Express is set to post its first operating profit since Tata Group took over, marking an early success in the airline’s turnaround strategy.

Toyota eyes 30% jump in hybrid output by 2028 as electrification strategy evolves

By Axel Miller | 04 Feb 2026

Toyota plans a major jump in hybrid output by 2028, aiming for 6.7 million vehicles as it doubles down on practical electrification over full EVs.

Ford and Geely Explore Manufacturing and Technology Partnership Amid Rising Auto Costs

By Cygnus | 04 Feb 2026

Ford and Geely are in talks over a manufacturing and technology partnership in Europe as automakers race to cut EV and software costs amid rising global competition.

ABB gives confident 2026 outlook, launches $2 billion share buyback after record year

By Axel Miller | 29 Jan 2026

ABB signals strong 2026 growth after record earnings, launching a $2 billion buyback as AI data center demand boosts orders and margins.

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.