Industry - general

Australia's Telstra ties up with Musk's StarLink for remote area connectivity

11 Jan 2025

Telstra, Australia’s top telecom service provider, on Thursday announced a collaboration with Elon Musk’s StarLink, to bring satellite-to-mobile phone connectivity to provide connectivity to customers in remote regions.

Tesla unveils redesigned Model Y in China to outpace competitors

By Cygnus | 10 Jan 2025

Tesla has launched a revamped version of its popular Model Y in China, aiming to strengthen its position in the highly competitive electric vehicle (EV) market.

Saudi Aramco and Sonatrach announce significant LPG price cuts

09 Jan 2025

In a move set to impact global energy markets, Saudi Aramco and Algeria’s Sonatrach have announced substantial price cuts for liquefied petroleum gas (LPG)

BP Eyes 44% boost in oil production from India’s largest field, says ONGC

09 Jan 2025

India’s largest oil and gas field, located off the country’s west coast, is set for a major output surge, as energy giant BP commits to ramping up oil production

Hyundai Motor Group announces record $16.7 billion investment in South Korea for 2025

By Axel Miller | 09 Jan 2025

Hyundai Motor Group, South Korea’s automotive giant, is set to make a landmark domestic investment of 24.3 trillion won ($16.65 billion) in 2025,

Mahindra sets up integrated EV and battery manufacturing facility at Chakan

09 Jan 2025

Mahindra & Mahindra has set up a dedicated manufacturing facility for electric vehicles (EVs) and an assembly line for batteries at its Chakan complex in Pune

SEBI warns Ola Electric over disclosure violations

By Cygnus | 08 Jan 2025

India’s market regulator, the Securities and Exchange Board of India (SEBI), has issued a stern warning to Ola Electric for failing to follow disclosure norms.

Oil prices surge amid Russian and OPEC supply cuts, US crude stocks decline

08 Jan 2025

Oil prices climbed on Wednesday as tightening supplies from Russia and OPEC members combined with a drop in US crude oil inventories.

ONGC partners with BP to boost production at Mumbai High Field

08 Jan 2025

India’s biggest oil and gas explorer, Oil and Natural Gas Corporation (ONGC), has teamed up with global energy giant BP to enhance oil and gas production from the Mumbai High offshore field

Tata Punch emerges 2024 top selling car, ends Maruti’s unbeaten 40-year run

08 Jan 2025

Tata Motors SUV Punch emerged the highest selling passenger car in India, with a sales volume of 2.02 lakh units in 2024

CSIR develops antibiotic for drug-resistant bacteria, indigenous formula for Paracetamol

08 Jan 2025

Council of Scientific and Industrial Research (CSIR) has reported important breakthroughs, which include development of an anti-biotic to fight drug-resistant bacteria

Bajaj Auto overtakes Ola Electric, becomes India’s biggest EV scooter brand

07 Jan 2025

Bajaj Auto, one of India’s oldest two-wheeler brands, has taken a 25 per cent share in the country’s electric two-wheeler market in December 2024

Boeing faces continued scrutiny after 737 MAX incident, says outgoing US transport secretary

By Cygnus | 07 Jan 2025

Outgoing US transportation secretary Pete Buttigieg has stated that Boeing still has substantial work ahead in improving its corporate culture and safety protocols.

India’s metro rail network is now world’s third largest, and growing

06 Jan 2025

India’s metro rail system has grown to a 1,000 km network covering 23 cities across 11 states, emerging as the third-largest metro system in the world.

MSME exports nearly quadruple in 5 years to Rs12.39 lakh crore

26 Dec 2024

Exports from micro, small, and medium enterprises (MSMEs) in India nearly quadrupled to Rs12.39 lakh crore in 2024-25 from Rs3.95 lakh crore in 2020-21

New Trai framework ensures traceability of SMS

25 Dec 2024

The Telecom Regulatory Authority of India (Trai) has implemented a framework to ensure traceability of commercial SMS, in an effort to create a spam-free messaging ecosystem.

India’s telephone subscriber base shrinks in October

23 Dec 2024

The number of telephone subscribers in India decreased by 0.21 per cent to 1,188.20 million at the end of October 2024, from 1,190.66 million at the end of September.

MoU between SIA-India and Ghana Space Science inked

By Venkatachari Jagannathan | 20 Dec 2024

The SatCom Industry Association-India (SIA-India) on Friday said it has inked a Memorandum of Understanding (MoU) with the Ghana Space Science and Technology Institute (GSSTI) for furthering collaboration in the satellite communication and space sector.

BSNL offers 336 days of data at Rs1,499 under new annual plan

01 Dec 2024

State-owned telecom service provider Bharat Sanchar Nigam Limited (BSNL) has come out in what is the cheapest voice and data plan, as part of its market consolidation exercise.

Welspun One to invest Rs700 cr to develop logistics hub in JN Port SEZ

30 Nov 2024

Welspun One, the alternative investment arm of the Welspun Group, on Wednesday announced plans to invest Rs700 crore to develop a logistics hub

Amara Raja Infra completes construction of NTPC’s hydrogen fuel station in Leh

27 Nov 2024

Amara Raja Infra, a sister concern of Amara Raja Batteries, on Tuesday said it has completed construction of NTPC’s green hydrogen fuel station in Leh

Cochin Shipyard and Seatrium partner to make mobile offshore drilling units

25 Nov 2024

State-owned Cochin Shipyard Limited (CSL) and offshore engineering services provider Seatrium Letourneau USA, Inc have entered into a memorandum of understanding (MoU) to jointly

BSNL adds subscribers as pricey private telcos fail to retain user base

24 Nov 2024

India’s three private sector telecom operators - Reliance Jio, Bharti Airtel, and Vodafone Idea -reported a combined loss of 10.8 million wireless subscribers

Indian Hotels to double property and revenues by 2030

20 Nov 2024

Indian Hotels Company Limited (IHCL), the holding company of the Taj group of hotels

Nissan Motor India starts exports of new Magnite SUV to South Africa

By Venkatachari Jagannathan | 19 Nov 2024

Nissan Motor India Private Ltd on Tuesday said it has commenced exports of its sport utility vehicle (SUV) new Magnite in line with its announcement made while launching the model in October this year.