Industry

India’s Coal Imports from Russia Hit Two‑Year High in May

By BPN News Desk June 28, 2025

India’s thermal coal imports from Russia surged to 1.3 million tonnes in May, marking a 52% month-on-month increase—the highest monthly volume in two years. This surge reflects a strategic shift in sourcing, driven by cost advantages, rising quality, and diversification of energy imports. Coal Import Surge In May, India imported a record 1.3 million tonnes of Russian […]

Business Industry

Reliance, Nayara Dominate India’s Russian Oil Imports

By BPN News Desk June 26, 2025

India has become the largest global buyer of Russia’s Urals crude oil in 2025, with private refiners Reliance Industries and Nayara Energy accounting for nearly 45% of total seaborne exports of the grade. This surge not only reinforces India’s pivotal role in the global oil trade but also highlights the growing influence of private refineries […]

Business Industry

Foxconn Commits $2.2 Billion to India and U.S. Expansion

By BPN News Desk June 25, 2025

Foxconn, the Taiwanese electronics giant and Apple’s primary iPhone assembler, has received regulatory approval for a massive $2.2 billion global investment plan, further deepening its footprint in India and the United States. The move is a part of Foxconn’s ongoing effort to diversify manufacturing outside China amid rising geopolitical and economic pressures. Major Boost

Business Industry

LandT Tech Secures $50 Million Sustainability Deal with Energy Giant

By BPN News Desk June 25, 2025

L&T Technology Services (LTTS) has landed a major global contract worth over $50 million to serve as the exclusive engineering and digital transformation partner for the sustainability division of a prominent international energy company. The agreement spans five years, further strengthening a strategic relationship that has been evolving over the past decade. Deep

Business Industry

Adani Group to Invest $75–100 Billion Over Five Years

By BPN News Desk June 25, 2025

The Adani Group has announced plans to invest between $15–20 billion annually over the next five years, totaling as much as $100 billion, in what it calls a transformational move across its businesses. The commitment was unveiled by Chairman Gautam Adani during the group’s annual general meeting, where he laid out the company’s vision for […]

Business Industry

Adani Group to Invest $100 Billion in 5-Year Expansion Drive

By BPN News Desk June 24, 2025

The Adani Group has announced an ambitious capital expenditure plan of $15–20 billion annually over the next five years, translating to an overall investment of nearly $100 billion. The announcement, made by Chairman Gautam Adani during the company’s annual general meeting, underscores the group’s intention to double down on its infrastructure dominance and lead India’s

Business Industry International

India Boosts Oil Imports from Russia, US Amid Gulf Crisis

By BPN News Desk June 24, 2025

India is rapidly reshaping its oil import strategy by ramping up purchases from Russia, the United States, Africa, and Latin America, as tensions in the Middle East threaten the reliability of traditional Gulf-based supplies. The move comes as geopolitical risks escalate in the Strait of Hormuz, a vital maritime chokepoint that handles nearly half of […]

Business Industry

Tata Motors Confirms Magnet Stock Amid China Curbs

By BPN News Desk June 23, 2025

Tata Motors has confirmed that it is not currently facing any disruptions in the supply of rare-earth magnets, despite growing concerns over China’s tightened export regulations. During its 80th Annual General Meeting, Chairman Natarajan Chandrasekaran stated that the company is proactively managing the situation through strategic inventory planning and close

Business Industry

Foxconn’s India Push Hits 11%: Asset Share Climbs to Third Globally

By BPN News Desk June 17, 2025

Taiwan-based electronics giant Foxconn (Hon Hai Precision Industry) has made India its fastest-growing global asset hub, with the country’s share in the firm’s non-current assets soaring nearly fourfold in just three years. From a modest 2.6% in 2022, following the introduction of India’s Production-Linked Incentive (PLI) scheme for mobile devices, India’s

Business Industry

Hyundai Starts Engine Production at Talegaon Plant

By BPN News Desk June 17, 2025

Hyundai Motor India Ltd (HMIL) has officially commenced engine production at its Talegaon manufacturing facility in Maharashtra, marking a significant milestone in the company’s ₹6,000 crore investment plan to expand its footprint in the Indian automotive market. The engine assembly line went live on June 16, 2025, months ahead of the full-scale vehicle production