Industry News

Nexeo Solutions To Acquire Ultra Chem in Mexico

Nexeo Solutions, a distributor of plastic material and chemicals, enters into an agreement to acquire Mexico based distributor company, Ultra Chem

Aker BP Receives Permission to Drill Oil Exploration Well in Volund

The development of project would boost the demand for drilling fluid across the region.

Rollback on Policy to Add Money on Mobile Wallet Using Credit Card

Customers using Paytm will not pay levy of 2% for recharging their mobile wallet using credit cards.

Michelin Re-launches Defender Tire Range in North America

French tire maker strengthens passenger car tire range with launch of new tires

SNC-Lavalin Group Inc. Awarded Contract to Build Ammonia Plant in Oman

SNC-Lavalin Group Inc. signs an agreement with Salalah Methanol (SMC) for the development of liquid ammonia plant in Salalah city in Oman

Government of India to Sanction 100 Cold Chain Projects

Government of India to Sanction 100 Cold Chain Projects

Exports Commenced from OPaL’s Dahej Plant to Singapore

ONGC Petro Additions (OPaL) has initiated exports to Singapore and plans to float tenders for future exports of other products to different countries, thereby increasing demand for Naphtha globally.

PepsiCo Expands Nutrition Portfolio in India

The company launches Quaker Nutri Foods & Tropicana Essentials

Trelleborg Bags an Offshore Oilfield Development Project in UAE

Increasing number of oilfield development projects will surge the use of Oil & Gas Subsea Umbilicals, Risers and Flowlines (SURF) equipment

HCL Technologies Introduces IoT Maturity Framework

The new framework by HCL provides transformative programs for large enterprises to gain a competitive edge.

Bosch is Planning to Invest USD119 Million Over Next Few Years in India

The renowned German multinational auto component manufacturer to invest heavily in India

Linne -Herten Facility of Solvay Obtains EU GMP Certificate

Solvay’s Linne-Herten hydrogen peroxide facility is Good Manufacturing Practice Certified

Samsung Enters Mobile Wallet Market by Launching Samsung Pay

After months of predictions, Samsung launches its mobile payment service “Samsung Pay” in India

Shandong Yinbao to Expand its Tire Production in China

The renowned Chinese tire manufacturer plans to expand its production capacity with the addition of passenger car tires

Synthomer Plc Aquires Perstorp’s Belgian Facility

Perstorp has sold its additives activities to Synthomer for USD82.54 Million

Myntra to Manage Mango Stores in India

Fashion e-tailer, Myntra, to get license for distribution of brand Mango in India.

PFC to Provide USD405.58 Million for West Bengal’s First Super Critical Power Project

The increasing investment in power projects will drive the demand for power and distribution transformers in India.

TA Associates, Fairfax Vying for a Stake in Travel Firm, Interglobe Technology Quotient

Travel reservation and technology services company, Interglobe Technology Quotient is planning to sell some of its shares

Canadian Natural Gas to be Exported as LNG from Louisiana LNG Export Terminal

Natural gas from Canada will soon be exported to other countries as Liquefied Natural Gas (LNG) from an export terminal at Louisiana.

Indian Railway to Introduce Biometric Attendance for Locopilots and Guards in Trains

Indian Railway to start biometric sign on and sign off for thousands of locopilots and guards