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Xiaomi (HK: 1810) Launches In-House Xring O3 Chip and Partners with TSMC for Production
Xiaomi unveiled its Xring O3 chip on August 24, 2026, adding another in-house processor to its growing semiconductor effort. Sources familiar with the plans say TSMC will manufacture the chip using 3nm technology. The processor is expected to power Xiaomi’s next flagship foldable, with initial shipments estimated at 200,000 to 300,000 units. Developing its own…
JBM Auto Shares Rally 10%, Gain 16% in 6 Months; What Is Driving the Surge?
JBM Auto shares surged 10% to touch an intraday high of ₹685 on Friday, August 21, 2026. Reports suggested Bain Capital is exploring a $300 million minority stake in JBM Auto’s electric vehicle business. The stock has now climbed 16% over the past six months and 5% since the start of 2026. Heavy trading volume,…
JBM Auto (JBMA) Share Price Jumps 10% to ₹685 on ₹2,850 Crore Bain Capital Deal Buzz
JBM Auto shares jumped nearly 10% to ₹685 on August 21, 2026, after reports that Bain Capital is considering an investment of up to ₹2,850 crore in the company’s electric vehicle business. The potential deal has brought JBM Auto’s share price back into focus, while heavy trading volume added to the day’s move. Talks are…
Toyota Sienta Gets Cheaper Entry Model at ¥2.146M With New Clear Beige Color
Toyota Sienta gets refreshed with new ¥2.146M entry model, Clear Beige color, and improved equipment. Full redesign expected around 2028 with new 1.5L hybrid system.
Orient Electric Launches Ecotech Volt Fan With 10-Hour Battery Backup on August 19
Orient Electric launches Ecotech Volt BLDC fan with 10-hour battery backup at Rs 4,594 on sale. Uses 28W motor, 50% less energy than conventional fans, available in two colors.
Zoho’s Sridhar Vembu Flags 500% Memory Price Surge, Warns of Business Crisis
Zoho founder Sridhar Vembu warns memory prices up 500% in 12 months, driven by AI data centre demand. DDR5 kits now cost 10x their lowest prices. Software companies face margin pressure.
Dhoot Transmission (NSE: DHOT) Shares Jump 38% on India Debut, Valuation Hits $2.5 Billion
Dhoot Transmission shares made a strong stock market debut on August 17, 2026, rising nearly 38% above the IPO issue price. The auto components maker listed at ₹1,200 on the NSE, compared with its ₹871 issue price. The ₹3,067-crore IPO also drew heavy demand, with subscriptions reaching 74.21 times. The sharp debut lifted the company’s…
Burnham Cuts EV Sales Targets to 50% by 2030 Amid Wildfire Crisis
UK PM Andy Burnham proposes cutting EV sales targets from 80% to 50% by 2030 following pressure from car makers, sparking backlash from environmental groups amid climate emergency.
Porsche Quits VW Emissions Pool, Teams With XPeng for 2026-2027
Porsche exits Volkswagen’s emissions pool to partner with XPeng for 2026-2027, offsetting higher CO2 from petrol models with Chinese EV maker’s zero-emission vehicles.