Lumax Auto Technologies Limited has informed stock exchanges that the National Company Law Tribunal’s Chandigarh Bench has approved the amalgamation scheme involving its subsidiary companies. The tribunal pronounced its order on January 14, 2026, sanctioning the Scheme of Arrangement for the merger between Greenfuel Energy Solutions Private Limited, a step-down subsidiary of Lumax Auto Technologies,… Continue reading NCLT Approves Lumax Auto Subsidiary Merger
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SML Mahindra Reports 62% Revenue Growth in Q3
SML Mahindra Limited reported revenue from operations of Rs 539.27 crores for the third quarter ended December 31, 2025, up 62.5% from Rs 331.80 crores in the corresponding quarter last year. Net profit surged to Rs 17.54 crores compared to Rs 0.53 crores in Q3 FY2025. The Punjab-based commercial vehicle manufacturer’s profit before tax reached… Continue reading SML Mahindra Reports 62% Revenue Growth in Q3
Porsche suffers biggest sales fall since 2009
Premium Digital Complete coverage $75 per month Complete digital access with exclusive insights and industry deep dives on any device. Global news & analysis Expert opinion FT App on Android & iOS FT Edit: Access on iOS and web FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT… Continue reading Porsche suffers biggest sales fall since 2009
Researchers Just Found Something That Could Shake the AI Industry to Its Core
For years now, AI companies, including Google, Meta, Anthropic, and OpenAI, have insisted that their large language models aren’t technically storing copyrighted works in their memory and instead “learn” from their training data like a human mind. It’s a carefully worded distinction that’s been integral to their attempts to defend themselves against a rapidly growing… Continue reading Researchers Just Found Something That Could Shake the AI Industry to Its Core
‘Sideshow’ concerns and billionaire dreams: What I learned from Elon Musk’s lawsuit against OpenAI
Highlights from Musk v. Altman. Highlights from Musk v. Altman. by Alex Heath Jan 16, 2026, 1:15 PM UTC Alex Heath is a contributing writer and author of the Sources newsletter. This is an excerpt of Sources by Alex Heath, a newsletter about AI and the tech industry, syndicated just for The Verge subscribers once… Continue reading ‘Sideshow’ concerns and billionaire dreams: What I learned from Elon Musk’s lawsuit against OpenAI
How India’s automotive industry is rewiring for next decade
More recent global disruptions have pointed out the necessity of supply chains that are localized and resilient even more. The Indian automotive sector has never been shy of changes, but the current phase is unprecedented in both magnitude and consequences. 2025 was a major turning point in the whole process of vehicle layout, production stages,… Continue reading How India’s automotive industry is rewiring for next decade
Germany to offer up to $7,000 electric vehicle subsidy
Ferdinand Dudenhoeffer, head of the CAR research institute, when asked about the subsidy scheme, pointed to data showing that the market share of electric cars is already steadily increasing, mainly due to more attractive prices. Germany will offer families with small and medium incomes subsidies of up to $7,000 to buy new electric cars, newspaper… Continue reading Germany to offer up to $7,000 electric vehicle subsidy
DMRC to launch bike taxis, autos and cabs for last-mile connectivity
He added that a key feature of the initiative is digital integration to ensure a seamless passenger experience. From January 31, Delhi Metro Rail Corporation (DMRC), in association with a cooperative society, will provide last-mile connectivity from 10 metro stations via bike taxis, auto-rickshaws and cabs. These 10 stations are located close to major market… Continue reading DMRC to launch bike taxis, autos and cabs for last-mile connectivity
Canada, China slash EV, canola tariffs in reset of ties
Canada and China have struck an initial trade deal that will slash tariffs on electric vehicles and canola, Prime Minister Mark Carney said on Friday, as both nations promised to tear down trade barriers while forging new strategic ties. The first Canadian prime minister to visit China since 2017, Carney is seeking to rebuild ties… Continue reading Canada, China slash EV, canola tariffs in reset of ties
Hyundai Motor Group to appoint former head of Tesla’s humanoid robot program as adviser
South Korea’s Hyundai Motor Group said on Friday it plans to appoint Milan Kovac, the former head of Tesla‘s humanoid robot program, as an adviser as it seeks to bolster its competitiveness in robotics and artificial intelligence. The auto group also plans to nominate Kovac as an outside director of the firm’s U.S. subsidiary Boston… Continue reading Hyundai Motor Group to appoint former head of Tesla’s humanoid robot program as adviser