Industry News

Ultraviolette to establish BIGGA factory in Hosur

The project is expected to create approximately 2,000 job opportunities in its initial phase, scaling further over the next five years, as the facility scales its operations

Ramakrishna Forgings to invest ₹300 crore in 2026-2027

Also covered by: The Hindu - Industry

Allana aims ₹40,000 cr India turnover in three years, plans portfolio exits and acquisitions

The plan is to increase group turnover in In India from ₹24,000 crore to ₹40,000 crore over next three years and focus on profitable growth.

India photonics industry forms association amid AI boom

The newly formed India Photonics Association (IPA) estimated that its products, key in AI data centres and telecom networks, would be worth billions of dollars in the country by 2031

New Jawa 42 motorcycle unveiled at ₹1.8 lakh

The Jawa 42 is powered by a 294.72 cc single-cylinder, four-stroke, liquid-cooled DOHC engine, paired with a six-speed constant-mesh gearbox

Global oil prices spiral to 3.5-month high as renewed tensions in West Asia escalate

Brent crude futures rose $2.15, or 2.2%, to $100.07 a barrel by 0721 GMT, ‌while U.S. West Texas Intermediate crude was up $1.70, or 1.83%, at $94.73 a ‌barrel

Government working to allow ethanol blending beyond E20 via flexi-fuel vehicles: Tarun Kapoor

Tarun Kapoor said ethanol production capacity in the country has surpassed requirements for blending, and the industry will need to explore additional uses for ethanol to utilise this surplus…

IGL to deny CNG to vehicles without valid hydro-test certificates

Govt mandates require that CNG cylinders undergo hydrotesting once in three years.

Greenply partners with GreenLine to deploy LNG-powered trucks for outbound logistics

Greenply will leverage GreenLine’s green logistics network to transport products from its Vadodara facility to destinations across its distribution network.

Jio Payment Solutions launches cross-border payments to connect exporters with global markets

The launch follows the receipt of authorisation from the RBI to operate as a Payment Aggregator for Cross-Border (PA-CB) transactions, covering exports and imports

Rupee plunges 34 paise to 95.08 against dollar as crude prices surpass $100 mark

Brent crude futures surpassed $100 a barrel for the first time in almost six weeks after attacks on oil facilities and ships in West Asia threatened to weaken the already strained supply chain amid…

Intellect launches MSOCK, says it can enable end-to-end engineering without human coders

AI-native engineering platform is already being used in Intellect projects; Jain sees ₹500-2,000 crore opportunity over two years

Why are Volkswagen and JLR trimming their workforce? | Explained

European carmakers are falling behind their Chinese counterparts in the race to corner the EV market across the world

Stock markets tumble in early trade amid escalating tensions in West Asia, higher oil prices

Selling in IT stocks and fresh foreign fund outflows also dented investors' sentiment. The 30-share BSE Sensex tanked 500.25 points to 75,060.61 in early trade. The 50-share NSE Nifty declined 129.40…

Also covered by: The Hindu market

Adani Airport Holdings inks pact to raise $1 billion from investors for 5.54% stake

The transaction values AAHL at a pre-money equity valuation of $18 billion; proceeds to be used in expansion, Adani aero cities development, passenger facing initiatives among others

Textile mills, garment units seek measures to improve cotton availability

Foundries in Coimbatore register 20% growth amid rising demand

Notebook makers seek Govt aid to avert ‘existential crisis’

The All India Notebook Manufacturers Association said that a combination of duty-free entry due to India’s FTA with ASEAN, along with the unintended consequences of the GST rate revisions last year,…

Why Tesla’s steering-less Cybercab is under investigation | Explained

Tesla CEO Elon Musk described the Cybercab as “basically a super comfortable lounge on wheels with a great TV and epic sound,” but the U.S. vehicles regulator is still looking into the situation

Strong Baleno demand prompts Maruti Suzuki to step up production capacity

The automaker expects demand to remain strong during the upcoming festive season