NEWS
Indian textile sector struggles with energy intensity despite renewable push: ICRA report
By Cygnus | 12 Dec 2025
India’s textile sector boosts renewable energy use to 18%, but rising energy intensity and low Scope 3 reporting pose risks to global competitiveness, says new ICRA ESG report.
Musk’s Mars obsession poses strategic risk to SpaceX’s $1.5 trillion IPO valuation
By Axel Miller | 12 Dec 2025
SpaceX’s potential $1.5 trillion IPO faces scrutiny as investors weigh the profits of Starlink against the high costs of Elon Musk’s Mars ambitions.
Indian banks push RBI to double lending cap for mergers as deal activity heats up
By Cygnus | 12 Dec 2025
Indian banks urge RBI to double M&A lending cap to 20% of Tier 1 capital, aiming to compete with foreign lenders in a $69 billion deal market.
India’s Russian Crude Imports Hit Five-Month High as State Refiners Fill Gap
By Axel Miller | 12 Dec 2025
India’s Russian crude imports hit a 5-month high of €2.6 billion in November as state refiners ramp up buying. Refined fuel exports to Australia surge.
Currency Pressure Forces Mercedes-Benz India to Hike Prices by 2% from January 2026
By Cygnus | 12 Dec 2025
Mercedes-Benz India to hike car prices by 2% from Jan 1, 2026 due to Euro exchange rate and rising costs; BMW India signals similar move.
Lloyds Engineering Forms Defense Subsidiary to Tap India’s Military Boom; Shares Rise
By Axel Miller | 12 Dec 2025
Lloyds Engineering Works launches defense subsidiary “Lloyds Advance Defence Systems” with drone and radar partnerships; stock rises 3%.
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.
A Maersk Names Robert Erni as New Chief Financial Officer
By Cygnus | 12 Dec 2025
Maersk appoints former Dachser and Panalpina executive Robert Erni as Chief Financial Officer. Erni succeeds Patrick Jany in 2026 to lead financial strategy for the global logistics giant.
Google to Build Strategic Subsea Cables in Papua New Guinea Under Australian Defense Pact
By Axel Miller | 12 Dec 2025
Google to build three subsea cables in Papua New Guinea funded by Australia’s $120M defense pact, linking Bougainville and strengthening Pacific security.
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.
Microsoft Strikes Major AI Partnerships with TCS, Infosys, Wipro, and Cognizant to Drive Global Adoption
By Cygnus | 11 Dec 2025
Microsoft partners with TCS, Infosys, Wipro, and Cognizant to deploy 200,000+ Copilot licenses for “Agentic AI.” The deal follows a $17.5 billion India investment plan.
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