With a priority to provide a seamless customer experience by tackling common pain points like ride rejections among others, the app-cab aggregator Rapido has established cab zones at airports in cities like Visakhapatnam and Surat. 
Keen to expand its presence, the company is working to expand its reach to other cities with airports such that it can tap airport routes with competitive fares and well-conditioned vehicle fleet. 
Revealing that they are expanding their airport services across other metro cities in the current quarter of FY2024025, Rapido Cabs Head, Rajiv Bhyri, mentioned at an event in Kolkata that they see airport routes as a key area for growth due to the high demand for reliable, round-the-clock transportation options. 
“With the increasing number of travellers, we believe our airport services will offer riders the lowest prices while our zero-commission model maximises captains' earnings,” he averred. 
Providing an insight into Rapido’s strategy to address the ride rejections faced by commuters that use app-based aggregators, Bhyri said, “Rapido is focused on providing a seamless customer experience and resolving common pain points such as ride rejections that many commuters face with app-based aggregators. With the rise in airport traffic, our strategy emphasises affordability and reliability. By offering competitive fares and maintaining a fleet of well-maintained vehicles, we aim to ensure a dependable and pleasant journey for our customers.”
Entering an association with the Airports Authority of India (AAI), Rapido has already began offering affordable and seamless commute solutions to travellers at the Netaji Subhash Chandra Bose International Airport, Kolkata. The service was inaugurated by State Transport Minister Snehasis Chakraborty. State Transport Secretary Dr Saumitra Mohan and others were also present. 
To set up dedicated cab service zones at Kolkata Airport where travellers can easily access safe, reliable and budget-friendly rides through its platform, Rapido is emphasising on tech-powered SaaS business model. This business model is designed to guarantee real-time ride availability and highly competitive pricing. 
"With the launch of this service at Netaji Subhash Chandra Bose International Airport, we're not just offering cost-effective travel solutions but also creating valuable employment opportunities for our local drivers. The technology-driven approach aligns with our vision of making West Bengal a leader in smart mobility and we're confident this initiative will set new benchmarks,” expressed Chakraborty.
Rapido Co-founder Pavan Guntupalli explained: "At Rapido, our mission is to revolutionise mobility by delivering reliable, safe and affordable solutions through innovation. Our collaboration with the Airports Authority of India to introduce dedicated cab zones at major airports is a significant step in enhancing the traveller experience while empowering local communities through job creation. With Rapido’s technology-driven platform, passengers can expect seamless airport commutes at the most competitive prices."
 

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Innoviz Technologies, a leading LiDAR tech supplier, has announced the launch of the InnovizTwo Ultra Long-Range (ULR) LiDAR. This new automotive-grade sensor is said to be engineered to provide high-fidelity, real-time spatial awareness at an infrastructure scale, specifically designed to meet the demands of emerging Physical AI systems.

The ULR variant extends the InnovizTwo product line and the SMART family, utilising the same production tools and processes as the standard InnovizTwo to ensure a smooth manufacturing ramp-up. First samples have already been delivered to select customers.

The InnovizTwo ULR is a Class 1 eye-safe sensor that significantly pushes the boundaries of long-range 3D sensing. It has a claimed upto 1 km range detection, up to 667 pts/deg² (High-resolution 3D point cloud), a 120 deg x 24 deg with ±5 deg digital panning field of view. It uses Power over Ethernet (PoE) for streamlined SMART deployments, connectivity and is resistant to dust, rain and extreme temperatures.

The sensor is designed to address critical gaps in industries where ultra-early detection and high-inertia movement require extensive reaction times.

• Autonomous Heavy Trucks: Kilometre-scale perception is essential for the long stopping distances and high inertia of heavy freight.
• Perimeter & Border Security: Enables early detection of humans, vehicles and animals over vast areas with lower false-alarm rates than traditional radar.
• Drone Detection: Fine angular resolution allows for the tracking of small, low-reflectivity aerial targets that typically evade cameras and radar.
• Infrastructure & Smart Cities: Supports city-scale digital twins and long-range traffic prediction to manage congestion and incidents upstream.
• Aviation & Port Safety: Single-sensor monitoring for foreign object debris (FOD) across entire runways and taxiways.

Omer Keilaf, CEO and Co-Founder, Innoviz Technologies, said, "With the InnovizTwo Ultra Long-Range LiDAR, we are extending the boundaries of what our LiDAR can do in the field. Physical AI systems require precise, real-time 3D understanding of the world, not probabilistic inference alone. The combination of kilometre-scale range, extremely high-resolution 3D sensing, and the durability of an automotive-grade LiDAR gives operators across a wide range of industries a tool that performs reliably in harsh conditions, day or night."

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L&T Technology Services (LTTS) has announced its financial results for the fiscal year ended March 31, 2026, reporting a 14 percent increase in revenue to INR 109 billion.

The company also confirmed its sixth consecutive quarter of large-deal bookings valued at approximately USD 200 million, bringing its total TCV (Total Contract Value) for the year to over USD 850 million.

As part of a strategic realignment to focus on Engineering Intelligence (EI) and higher-margin core segments, LTTS has divested its SWC (Smart World and Communication) business. This pivot aligns with the company's ‘Lakshya 31’ 5-year plan, which targets a 13–15 percent CAGR through the integration of AI, digital and engineering technologies.

The company demonstrated resilience across key metrics, supported by stabilisation in the mobility sector and strong scaling in sustainability projects.

For Q4 FY2026, the revenue came at INR 28.57 billion, while net income came at INR 3.46 billion, an EBIT margin of 15.2 percent.

During the year, the company’s total patent count reached 1,706, with over 235 patents specifically in AI. The workforce strength stood at 23,830 employees at end of FY2026. L&T Technology Services also achieved ‘Partner-level Supplier’ status with John Deere for the 6^th time, Creative Partnership Award from the Aeronautical Development Establishment (ADE) and Engineering Innovation Award from Newmar Corporation.

Amit Chadha, CEO & Managing Director, L&T Technology Services, said, “We recalibrated our portfolio to focus on profitable growth business, driven by forward-looking technologies. We believe we will continue to grow faster than the industry supported by strong core capabilities and execution discipline. Our approach to Engineering Intelligence, where engineering converges with AI and digital technologies, is delivering higher-value solutions and differentiated outcomes for our clients.”

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American tier 1 supplier BorgWarner has announced a significant 7-year contract extension with a world-leading off-highway manufacturer to supply 8 distinct families of controllers.

The agreement, which runs through December 2032, reinforces BorgWarner’s role as a primary propulsion partner for diverse heavy-duty applications, including construction machinery, marine platforms and stationary power systems.

The contract covers a comprehensive suite of control units designed for both traditional and electrified powertrains:

• Engine & Machine Controllers: Engineered to manage efficient combustion, minimise emissions in large diesel engines and precisely direct hydraulic and mechanical actuators for heavy equipment.
• Power Module & BMS Controllers: Designed for the OEM’s electric machines and battery management systems, supporting the industry's shift toward electrification.

This extension builds on a partnership spanning several decades. By supplying a broad portfolio that ranges from conventional diesel sensor management to advanced battery monitoring, BorgWarner continues to position itself as a versatile Tier 1 supplier capable of supporting the ‘multi-pathway’ technology transition in the off-highway sector.

Dr. Stefan Demmerle, President and General Manager, BorgWarner PowerDrive Systems, said, “BorgWarner has an outstanding relationship with this leading off-highway manufacturer, a customer we have been supplying critical parts to for several decades, and we are thrilled to continue to grow with them as their volumes increase for various market segments and applications. This contract expansion validates our position as a trusted, long-term propulsion partner that is agile enough to support them and provide tailored solutions as they expand into new, emerging markets.”

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Nexteer Automotive has announced that its Electro-Mechanical Brake (EMB) is ready for mass production following extensive development and validation. First introduced as a concept at Auto Shanghai 2025, the EMB completes Nexteer’s Motion-by-Wire portfolio, allowing the company to offer integrated steer-by-wire and brake-by-wire solutions.

The EMB system has undergone a year of rigorous testing, including simulations, bench tests and extreme winter performance validation. According to the company, more than 20 original equipment manufacturers (OEMs) have tested the product, with several projects now moving into technical co-development.

Nexteer is leveraging its historical expertise in steering to create a unified chassis control ecosystem. This approach offers several advantages for modern vehicle architectures:

• Software-Defined Safety: Nexteer’s ‘braking-steering fusion’ software provides cross-domain redundancy, a critical requirement for Level 3 and higher autonomous driving. The software features open interfaces for rapid integration into OEM-specific architectures.
• Hardware Efficiency: By platformising actuator modules – including motors, sensors, and ASIL-D microcontrollers – Nexteer is reusing hardware components across steering and braking systems to reduce costs and development timelines.
• Global Supply Chain: The company is utilising high supplier overlap between its steering and braking divisions to achieve economies of scale through centralised procurement.

Jun Li, Senior Vice-President and APAC Division President, Nexteer Automotive, said, “The integration of Nexteer’s Steer-by-Wire and EMB isn’t just a simple ‘1+1’ — it’s a natural evolution rooted in the fundamentals of mechatronics, and a key enabler for achieving both safety and cost-effectiveness in high-level autonomous driving. Choosing Nexteer means more than just picking up two components — it means getting a complete, proven, production-ready, and cost-effective chassis motion control solution.”

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