NEWS

MUFG to bet big on India with $4 billion stake in Shriram Finance

MUFG to bet big on India with $4 billion stake in Shriram Finance

By Cygnus | 17 Dec 2025

Japan’s MUFG to invest $4 billion for 20% stake in India’s Shriram Finance, marking a major push into Indian retail lending.

India giving shape to world’s largest co-operative foodgrain storage system

India giving shape to world’s largest co-operative foodgrain storage system

By Unnikrishnan | 17 Dec 2025

India’s 2025 Grain Plan: PACS get 33.33% subsidies & 1% interest to build the world's largest storage. Decentralized hubs reduce losses and boost rural jobs.

Volkswagen closes historic Dresden plant, rebrands site as AI research hub

Volkswagen closes historic Dresden plant, rebrands site as AI research hub

By Axel Miller | 17 Dec 2025

Volkswagen ends production at Dresden ‘Transparent Factory’ after 24 years; site to become AI research hub amid historic restructuring.

Amazon discussing $10 billion OpenAI stake as AI valuation targets $500 billion

Amazon discussing $10 billion OpenAI stake as AI valuation targets $500 billion

By Cygnus | 17 Dec 2025

Amazon in talks for $10 billion OpenAI investment, eyeing $500 billion valuation and strategic cloud partnership to rival Microsoft.

India’s Russian Oil Imports Defy Sanctions Squeeze as Discounts Widen to $7/Barrel

India’s Russian Oil Imports Defy Sanctions Squeeze as Discounts Widen to $7/Barrel

By Axel Miller | 17 Dec 2025

India’s Russian oil imports defy sanctions forecasts, tracking 1.85 million bpd in December as state refiners exploit $7/barrel discounts while Reliance pauses.

Tribunal clears Vedanta’s 5-way demerger, paving way for March 2026 split

Tribunal clears Vedanta’s 5-way demerger, paving way for March 2026 split

By Cygnus | 16 Dec 2025

Vedanta receives tribunal approval for 5-way demerger; plans to list Aluminium, Oil, Power, and Steel units separately by March 2026.

Tata Power to Finalize ₹6,500 Crore Wafer-Ingot Plant by January, Deepening Solar Push

Tata Power to Finalize ₹6,500 Crore Wafer-Ingot Plant by January, Deepening Solar Push

By Axel Miller | 16 Dec 2025

Tata Power to finalize ₹6,500 crore solar wafer-ingot plant by Jan 2026; eyes 10GW capacity and backward integration to cut imports.

Intel Taps Former Trump Economic Aide to Lead Lobbying as U.S. Influence Grows

Intel Taps Former Trump Economic Aide to Lead Lobbying as U.S. Influence Grows

By Cygnus | 16 Dec 2025

Intel appoints former Trump adviser Robin Colwell as government affairs head, reinforcing ties with Washington after US govt takes 10% stake.

Google to Retire ‘Dark Web Report’ Tool in Early 2026, Citing Lack of Actionable Value

Google to Retire ‘Dark Web Report’ Tool in Early 2026, Citing Lack of Actionable Value

By Axel Miller | 16 Dec 2025

Google to shut down its free Dark Web Report tool in Feb 2026, shifting focus to actionable security features like Passkeys and privacy controls.

TotalEnergies Inks 21-Year Deal to Power Google’s Data Centers in Malaysia

TotalEnergies Inks 21-Year Deal to Power Google’s Data Centers in Malaysia

By Cygnus | 16 Dec 2025

TotalEnergies signs 21-year renewable power deal with Google for Malaysia data centers, sourcing 1 TWh of energy total from a new solar plant to support AI growth.

Chief Information Commissioner, 8 new information commissioners take charge

Chief Information Commissioner, 8 new information commissioners take charge

By Unnikrishnan | 15 Dec 2025

Raj Kumar Goyal takes charge as CIC; 8 new Information Commissioners sworn in, bringing the Central Information Commission to full strength.

Cheap copper imports under FTAs threaten domestic manufacturing, industry body warns

Cheap copper imports under FTAs threaten domestic manufacturing, industry body warns

By Axel Miller | 15 Dec 2025

IPCPA warns cheap copper imports under FTAs, especially from UAE, threaten Indian manufacturing; seeks 3% safeguard duty and quota fix.

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