Industry - general

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.

L&T Vyoma Breaks Ground on 40 MW Green, AI-Ready Data Centre in Navi Mumbai

By Axel Miller | 21 Jan 2026

L&T Vyoma broke ground on a 40 MW green, AI-ready data centre in Navi Mumbai, the first phase of a planned 100 MW campus as India’s AI demand rises.

Adani Group Unveils $66 Billion Maharashtra Investment Roadmap at Davos

By Cygnus | 21 Jan 2026

Adani Group announced a ₹6 lakh crore ($66 billion) Maharashtra roadmap at WEF Davos 2026, spanning NMIA ecosystem, pumped hydro and green data centers.

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

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

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

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?

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

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

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

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

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

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.