Industry - general

Jindal Steel secures second iron ore block in Odisha; shares rise

By Axel Miller | 12 Mar 2026

Jindal Steel wins two Odisha iron ore blocks, expanding captive supply and supporting Angul plant growth plans.

GAIL secures spot Oman LNG cargo amid supply pressures

By Axel Miller | 11 Mar 2026

GAIL secures a spot LNG cargo from Oman to manage supply pressures as geopolitical tensions tighten global gas markets.

Bharat Taxi targets pan-India expansion under cooperative model

By Axel Miller | 11 Mar 2026

Government-backed Bharat Taxi aims to expand across major cities and talukas with a cooperative ride-hailing approach.

Dassault Aviation rolls out Falcon 10X long-range business jet

By Cygnus | 11 Mar 2026

Dassault rolls out Falcon 10X business jet with 7,500-nm range and large cabin as it targets premium aviation buyers.

Jindal Steel wins Thakurani-A1 iron ore block with 101.2% premium bid

By Axel Miller | 11 Mar 2026

JSPL secures Thakurani-A1 iron ore block with a 101.2% premium bid, strengthening supply for its Angul steel plant.

IOC, BPCL, HPCL face margin pressure as oil volatility rises: S&P

By Axel Miller | 11 Mar 2026

S&P says India’s oil marketing companies may face margin pressure as crude volatility rises and fuel prices stay steady.

Iran war threatens kitchens as LPG crunch hits India’s QSR chains

By Cygnus | 11 Mar 2026

India’s QSR sector faces pressure as LPG supply tightens amid West Asia tensions, raising costs and operational risks for major chains.

Bajaj Auto looks beyond Maharashtra to scale up Chetak EV production

By Axel Miller | 11 Mar 2026

Bajaj Auto plans to scale Chetak EV production and is evaluating new plants outside Maharashtra amid subsidy delays.

Why Reliance’s Jamnagar expertise is central to U.S. refining plans

By Cygnus | 11 Mar 2026

Reliance’s Jamnagar complex leads the world in refining complexity, offering flexibility as global oil markets face volatility.

The 35-minute revolution: How China’s electric trucks outpaced the West

By Cygnus | 10 Mar 2026

Chinese electric trucks from BYD and Windrose are entering Europe with faster charging and lower costs. Here’s how legacy manufacturers are responding.

Pieter Elbers resigns as IndiGo CEO following winter of mass cancellations

By Axel Miller | 10 Mar 2026

IndiGo CEO Pieter Elbers resigns following winter flight disruptions. Rahul Bhatia will oversee operations as the airline stabilizes.

European truck makers brace for wave of low-cost Chinese rivals

By Axel Miller | 10 Mar 2026

Chinese electric truck makers including BYD and Windrose are entering Europe with lower prices and strong specs, challenging legacy manufacturers.

European truckmakers face “eat our lunch” moment as low-cost Chinese electric rigs arrive

By Cygnus | 10 Mar 2026

European truckmakers brace for competition as Chinese electric freight trucks enter the market with lower prices and advanced technology

ABB to invest $75 million in India to scale manufacturing and R&D

By Axel Miller | 09 Mar 2026

ABB will invest $75 million in India in 2026 to expand manufacturing and R&D across Bengaluru, Hyderabad, Nashik and Vadodara, creating 300+ skilled jobs.

The energy island: Why Big Tech is building its own power systems for the AI era

By Cygnus | 04 Mar 2026

AI data centers are reshaping the energy market as companies like Amazon, Microsoft and Google invest in dedicated power generation to support massive computing deman

Made in Europe push could narrow battery cost gap with China, T&E report says

By Axel Miller | 02 Mar 2026

A new report says scaling EU battery production could cut the cost gap with China dramatically by 2030, reshaping EV competitiveness.

Schneider Electric beats profit estimates as data center demand drives growth

By Axel Miller | 26 Feb 2026

Schneider Electric reported stronger earnings as data center demand tied to AI growth offset currency headwinds.

US-UK tech prosperity deal talks resume with focus on nuclear and fusion collaboration

By Axel Miller | 25 Feb 2026

The US and UK have resumed discussions on a tech partnership, initially focusing on civil nuclear cooperation and fusion energy initiatives.

UK to regulate Netflix, Amazon Prime Video, and Disney+ under Ofcom rules

By Cygnus | 24 Feb 2026

The UK plans to extend Ofcom oversight to Netflix, Amazon Prime Video, and Disney+, introducing rules on accessibility and audience protections.

EnQuest flags lower 2026 output after North Sea storm disrupts Magnus field operations

By Cygnus | 23 Feb 2026

EnQuest expects lower 2026 production after storm damage to a key North Sea platform caused a multi-week outage at its Magnus field.

Saudi Aramco begins Jafurah condensate sales to U.S. majors and Indian refiner ahead of first exports

By Cygnus | 23 Feb 2026

Saudi Aramco has started selling condensate from its Jafurah gas project to global buyers, marking a step toward commercial exports.

Tesla cuts Cybertruck prices, launches cheaper variant to revive pickup demand

By Axel Miller | 20 Feb 2026

Tesla introduced a $59,990 Cybertruck and cut the Cyberbeast price to $99,990, signaling a push to boost demand in an increasingly competitive EV market.

Nissan recalls nearly 643,000 Rogue SUVs in U.S. over engine and throttle defects

By Axel Miller | 19 Feb 2026

Nissan is recalling nearly 643,000 Rogue SUVs in the U.S. due to throttle and engine defects that could cause power loss and increase fire risk, regulators said.

SBU says Ukrainian drones hit oil depot in Russia’s Pskov region

By Axel Miller | 19 Feb 2026

Ukraine says drones struck an oil depot in Russia’s Pskov region, underscoring Kyiv’s strategy to target fuel infrastructure deep inside Russian territory.

Data centres explore funding uranium projects as AI power demand surges, says NexGen CEO

By Axel Miller | 18 Feb 2026

Data centre operators are exploring funding uranium projects as AI power demand surges, highlighting nuclear energy’s growing role in tech infrastructure.