Saba Arif

India Auto Retail Sales Hit Record September as Tractors Slip on Weak Monsoon

India’s automobile retail market posted its best-ever September in 2026, with total registrations rising 31.82% year on year to 25,36,920 units, according to data released by the Federation of Automobile Dealers Associations on October 6. The headline growth was driven by strong two-wheeler, passenger-vehicle and commercial-vehicle demand, but FADA cautioned that the annual comparison was…

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Huawei Qualcomm Patent Deal Covers 5G, AI, Compute and Networking

Huawei and Qualcomm announced a broad, multi-year patent licensing agreement on October 5, 2026, covering 5G, artificial intelligence, computing and networking technologies, in a deal that also includes Qualcomm’s purchase of certain Huawei patents in the United States. The companies said the agreement includes cross-licences to parts of their respective patent portfolios. Huawei said the…

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RobCo $1 Billion Valuation: German Robotics Startup Joins Unicorn Club

German industrial robotics startup RobCo has crossed a $1 billion valuation after a roughly $40 million secondary share sale, according to The Wall Street Journal, making the Munich-founded company one of Europe’s newest robotics unicorns. The transaction was primarily a sale of existing shares, including stock held by employees, rather than a conventional new funding…

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Honda Tata Technologies India Strategy Targets 20% Cost Cuts and Faster Vehicle Development

Honda Motor is overhauling its India product-development strategy and working with Tata Technologies on new vehicles for the Indian market, according to Reuters reporting published on October 5, 2026. The Japanese automaker is targeting cost reductions of as much as 20% and wants to cut development time from roughly five years to about half that…

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Schneider Electric PTC Acquisition: $22.6 Billion Deal Expands Industrial Software and AI Push

Schneider Electric has agreed to acquire US industrial software company PTC in an all-cash transaction valued at $22.6 billion, marking the French group’s largest acquisition to date and a major expansion of its software, automation and artificial-intelligence strategy. The deal values PTC at $205 per share, a 42.3% premium to the company’s last closing price…

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