In parallel, higher capital expenditure anticipated in the Union Budget is likely to accelerate infrastructure development- historically a key driver of vehicle demand. India’s automotive sector enters FY2026 on a strong footing, with Y-o-Y sales growth projected in the 6-8 per cent range, reaffirming its position as one of the world’s largest auto markets. Two-wheelers… Continue reading From demand to capability: Auto industry’s skill agenda for Budget 2026
Tag: Manufacturing
Green steel transition in India to be gradual as cost, tech hurdles persist: ICRA
He added that a major part of this reduction is expected from renewable energy integration and process optimisations. India’s transition to low-carbon green steel is expected to remain a gradual, long-term process as cost and technological constraints continue to hinder rapid decarbonisation, according to rating agency ICRA. According to the analysis, Indian steelmakers’ carbon emission… Continue reading Green steel transition in India to be gradual as cost, tech hurdles persist: ICRA
Global supply chains enter era of structural volatility: WEF
Global supply chains have entered an era of structural volatility, forcing companies and governments to re-evaluate how and where they invest and produce, and three in four business leaders are now prioritising resilience as a driver of growth, a new report said on Monday. The World Economic Forum report, released ahead of its annual meeting… Continue reading Global supply chains enter era of structural volatility: WEF
ZF Inaugurates Electric Park Brake Production Line in Oragadam
ZF Group inaugurated its Electric Park Brake (EPB) production line at its Oragadam manufacturing facility in Tamil Nadu on Monday, marking the company’s expansion into complete industrialization of electronically controlled braking systems for passenger cars in India. The line has an annual production capacity of 800,000 units at peak and is supported by an expanding… Continue reading ZF Inaugurates Electric Park Brake Production Line in Oragadam
Quantum Energy, EMO Energy Launch Electric Scooter for Delivery Fleets
Quantum Energy Limited has announced a strategic partnership with EMO Energy to introduce the Quantum Bziness EMO, an electric scooter specifically designed for last-mile and fleet operations in India’s delivery sector. The vehicle integrates Quantum Energy’s engineering capabilities with EMO Energy’s patented liquid-cooled battery technology, aiming to provide a cost-efficient mobility solution for commercial operators… Continue reading Quantum Energy, EMO Energy Launch Electric Scooter for Delivery Fleets
Novavax Announces Entering into a License Agreement with Pfizer
Non-exclusive license allows for development by Pfizer to utilize Matrix-M® for up to two disease areas with its products Provides Novavax with an upfront payment of $30 million with the potential for up to another $500 million in development and sales milestones. In addition to milestone payments, Novavax is eligible to receive high mid-single digit… Continue reading Novavax Announces Entering into a License Agreement with Pfizer
5 MW Hybrid Solar and Battery Energy Storage Project Announced by PowerBank
Project to Participate in Community Solar Program, Enabling Local Residents to Benefit from Clean Energy Without Rooftop Installations TORONTO, Jan. 20, 2026 /PRNewswire/ – PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) (“PowerBank” or the “Company”), a leader in North American energy infrastructure development and asset ownership, is pleased to announce that it has executed… Continue reading 5 MW Hybrid Solar and Battery Energy Storage Project Announced by PowerBank
Cyngn Receives Notice of Allowance for 24th U.S. Patent for its AI-Powered Autonomous Vehicle Technologies
Cyngn announces the notice of allowance for a new patent related to the Company’s autonomous vehicle (AV) solutions. MENLO PARK, Calif., Jan. 20, 2026 /PRNewswire/ — Cyngn (Nasdaq: CYN) announced the notice of allowance for a new patent related to the Company’s innovative autonomous vehicle (AV) solutions. The patent, System and Method of Adaptive, Real-Time… Continue reading Cyngn Receives Notice of Allowance for 24th U.S. Patent for its AI-Powered Autonomous Vehicle Technologies
Netflix and Warner Bros. Discovery Amend Agreement to All-Cash Transaction
All-Cash Structure Increases Value Certainty for WBD Stockholders, Accelerates WBD Stockholder Vote and Underscores Netflix’s Financial Strength WBD Files Preliminary Proxy Statement for Transaction Approval HOLLYWOOD, Calif. and NEW YORK, Jan. 20, 2026 /PRNewswire/ — Netflix, Inc. (NASDAQ:NFLX) (“Netflix”) and Warner Bros. Discovery, Inc. (“WBD” or “Warner Bros. Discovery”) announced they have amended their definitive agreement for Netflix’s… Continue reading Netflix and Warner Bros. Discovery Amend Agreement to All-Cash Transaction
POINT LAZ SECURES $3M IN FUNDING FROM I4 CAPITAL FUND AND FONDS IMPULSION
QUEBEC CITY, Jan. 20, 2026 /PRNewswire/ — Point Laz Mining Laser Expertise Inc. (“Point Laz”), a leader in smart technologies for automated mine shaft inspections, today announced the closing of a $3 million funding round. The round was led by the i4 Capital Fund, with significant participation from Fonds Impulsion, managed by Investissement Québec and… Continue reading POINT LAZ SECURES $3M IN FUNDING FROM I4 CAPITAL FUND AND FONDS IMPULSION