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Industry Trends

Going to aggressively pursue exploration in deepwater areas, says ONGC Exploration Director O.P. Sinha

Mr. Sinha pointed out to policy support from the government and greater opportunities among the reasons for enhanced tilt to deepwater exploration

Wired Wisdom: Wolves of Chernobyl, Razorpay’s milestone, and Tata Sierra’s tech

The mutant wolves of Chernobyl have genetically evolved enough to be protected against cancer.

India-EU FTA & Startups, Shadowfax’s Subdued Listing & More

India-EU FTA: What’s In It For Indian Startups Earlier this week, India finalised a free trade agreement (FTA) with the…

Industry Trends

New Aadhaar App: How to Change Your Mobile Number and Address Online

The Unique Identification Authority of India (UIDAI) has launched the full-fledged version of the new Aadhaar app. While the new Aadhaar app may seem similar to the existing mAadhaar, there are a few key differences, such as the ability to update mobile number and address. So, if updating your mobile number or your address on your Aadhaar has been on the cards for some time, then you can do so with the new Aadhaar app.

Industry Trends

ONGC, Reliance Industries ink MoU for sharing deepwater resources on India’s east coast

Speaking to the press at the sidelines of the India Energy Week on January 28, Director (Exploration) at ONGC O.P. Sinha, said the deal would not be limited to the KG Basin and could be extended to other avenues as well.

Tesla reports 61% drop in Q4 profit on lower EV sales, higher AI spending

Tesla's 2025 auto sales fell 9% to 1.6 million due to competition from China's BYD, even as Elon Musk faced blowback over his embrace of Donald Trump.

Industry Trends

Realme P4 Power 5G Launching Today: Know Price in India, Features, Specifications and More

Realme P4 Power 5G will be launched in India later today by the Chinese smartphone maker. The handset is set to go on sale in the country via Flipkart. The phone will be offered in three colourways, named TransSilver, TransOrange, and TransBlue. The phone will be powered by a MediaTek Dimensity 7400 Ultra chipset, which is built on a 4nm process. It also features a HyperVision+ AI chip. It boasts a 10,001mAh silicon carbon battery with support for 80W wired fast charging. The company claims that 5 minutes of charging will provide “half-day” of battery life.

Industry Trends

Tesla invests $2 billion in Musk's xAI and reiterates Cybercab production starts this year

On Wednesday, Musk told analysts on a conference call that Tesla would stop selling its Model S sedans and Model X SUVs - flagship vehicles that once established the company as a leader in the EV market but have since dwindled to account for a small fraction of revenue. The factory space will be used to build robots.

Industry Trends

Redmi Note 15 Pro 5G, Redmi Note 15 Pro+ 5G Launching Today: Know Price in India, Features, Specifications and More

Redmi Note 15 Pro 5G and Note 15 Pro+ 5G will launch in India today. Here is all you need to know about the new Note series smartphones, including their expected price in India and specifications. They will go on sale in India through Amazon. The Pro model runs on a MediaTek Dimensity 7400 Ultra chipset. The Redmi Note 15 Pro+ 5G, on the other hand, has a Snapdragon 7s Gen 4 chipset under the hood.

Hiring News

Federal Reserve keeps interest rates unchanged even as Trump continues to insist they be lowered

A key issue facing the Fed rate-setting committee is how long it will remain on hold; they remain split between those officials opposed to further cuts until inflation comes down and those who want to lower rates to further support hiring

Industry Trends

Bharat Petroleum will invest ₹25,000 crore towards City Gas Distribution in next five years

Speaking to reporters, BPCL’s Business Head for Gas Rahul Tandon added they have already spent ₹8,000 in their 26 operational geographies

Amazon layoffs: Tech giant to offer most US-based employees 90 days to look for new role internally

As Amazon prepares to lay off 16,000 corporate employees, it has offered most US-based employees 90 days to look for a new role internally. This decision contributes to a total of 30,000 job reductions over three months as the company adapts to AI advancements and streamlines management layers.

Amazon Still Doesn’t Understand Brick-and-Mortar Retail

The day Amazon.com Inc. announced in June 2017 that it was acquiring Whole Foods for almost $14 billion, employees of the natural grocer packed into the company’s Austin headquarters to meet their new bosses.

Industry Trends

India is building TV for your phone, testing YouTube's ad monopoly

Direct-to-Mobile broadcasting is emerging as a potential new frontier in India’s media and advertising landscape, with industry experts suggesting it could unlock mass free-to-air content delivery on smartphones and create a strong alternative to existing digital video platforms.

Deutsche Bank Deepens Emerging-Market Rebuild, Adds Two Traders

Deutsche Bank AG is deepening its push into emerging-market credit, adding two executives in New York as part of an expansion that began last year and included the high-profile poaching of a star trader from a rival.

ASML Investors Press Executives on Outlook Despite Bookings Beat

ASML Holding NV failed to satisfy investors with record orders in the fourth quarter as analysts continued to question whether the Dutch semiconductor equipment maker can sustain its artificial intelligence-fueled momentum.

Easy Home Finance Nets $30 Mn To Streamline Home Loans

Lending tech startup Easy Home Finance has raised $30 Mn (INR 276 Cr) as part of its Series C funding…

Industry Trends

Wow! Momo mourns Kolkata warehouse fire deaths, announces lifetime support for families

Wow! Momo mourns three deaths in a Kolkata warehouse fire, pledges support and aid to families, and is cooperating with the investigation.

India-EU FTA: India to slash import duty on luxury cars to 30% immediately, in boost for Mercedes, BMW

The India-EU FTA includes a clause to gradually reduce import duty on cars to 10% from 70%-110% at present, which benefits Mercedes-Benz, BMW and VW's Audi.

Trump Account for babies: JPMorgan, Bank of America to match $1,000 contributions for eligible employees — what we know

JPMorgan Chase and Bank of America will match the US government's $1,000 Trump Account contributions for eligible employees. Details her

Industry Trends

AYUSHEXCIL, Zepto sign MoU to improve access and quality assurance for Ayush products

Union Ayush Minister, Prataprao Jadhav, stated that innovation-driven Indian startups are playing a critical role in improving last-mile access to trusted wellness products

Industry Trends

Larsen & Toubro Ltd. Q3 net profit falls 4% to ₹3,215 crore

During the quarter the company had one-time material provision of ₹ 1,191 crore towards employee benefits arising from the implementation of the new labour codes which has been classified under Exceptional Items

Industry Trends

TVS Motors Q3 net doubles to ₹1,051.95 crore

The company’s revenue from operations increased 33.7% to ₹14755 crore in the reporting quarter from ₹11,034.88 crore in the previous period

Industry Trends

Adani Electricity Mumbai gets AAA rating, first private power distributor to match sovereign grade

"The rating upgrade reflects strong regulatory support, improving credit metrics and sustained deleveraging, supported by stable cash flows under a cost-plus regulatory framework," India Ratings said in a statement