Industry News

Ola Expected to Raise Around USD500 Million Funding

Ola set to increase its funding through its investor SoftBank

Ayla Networks and Mnubo Enter into a Strategic Partnership

The business pact emphasizes on keeping the global manufacturers well informed about their connected products

KEC International Bagged Orders Worth USD128.65 million

The company is set to diversify its presence into State Electricity Boards and developers of Public Private Partnership, thereby creating the demand for Power & Distribution Transformers Market in Globally

Maruti Gears Up to Export Baleno Across 100 Markets

Maruti is planning to export its renowned , Baleno in over 100 markets, globally

Aon acquired cyber security firm Stroz Friedberg

Aon acquired cyber risk specialist Stroz Friedberg to provide cyber solutions

KKR & Co. is planning to buy stake in industrial valves unit of L&T Valves

The increasing investment and buying of state by multinational company would open the door for foreign player to enter into the Indian industrial valve market

APL Logistics to expand its business in Oman

APL logistics has expanded its presence in Oman by tying up with Arab Logistics LLC

Arkema SA Expands TPE & Polyamide Capacity in Asia-Pacific and North America

Arkema plans to add production capacity of TPE and polyamide at its production facilities located in the US and China, respectively.

RighTel enters into a deal with AT&T

Iranian Telecommunications operator, RighTel has confirmed an international roaming deal with US telecommunication giant, AT&T

Rosneft and Pertamina Sign Joint Venture Agreement for Oil Refinery Complex

Rosneft and Pertamina signed an agreement to Establish a joint venture that serves to form a grass root refineries (GRR) in Tuban, East Java.

Sales of REC jumps about 58% to 1.75 Million during April-September, 2016

The improved sales figure of Renewable Energy Certificates (RECs) would boost the growth of renewable energy projects in the country

Michelin Expand its Commercial Vehicle Tire Portfolio

Michelin has launched ‘X Guard’ radial truck tire in India

Snapdeal Gold service has helped company to reduce cash on delivery orders

Snapdeal, that went through a rebranding phase recently, has launched a service to effectively reduce COD

Cuadrilla gets approval to drill 4 exploration wells at a Bowland basin, England

Increasing drilling activities across the globe to augment demand for drilling fluids in the coming years

Schneider Launches Advanced Software Application for Improved Water Distribution Network

The French company showcased its 30 years of development by launching Aquis 7.0, an advanced software application for water distribution network management.

Blueair launching two new air purifiers in the Indian Market

The product offered by the HVAC major adopts a new 360-degree air intake approach for purification and to boost particle retention.

MV Agusta launches limited edition motorcycle in India.

Italian Premium Motorcycle manufacturer unveils F3 800 RC in India at USD30,000

Central Green Panels Permits HIL to Use Petcoke in Hirakud Power Plant

The Central Green Panel has permitted Hindalco Industries to blend petcoke with coal for power generation at Hirakud power plant in Odisha.

ONGC signed a MOU with GSPC to acquire stake of KG basin block

The agreement is expected to expedite the natural gas production in GSPC’s KG basin, thereby creating the demand for oilfield services in the country.

MasterCard introduces ‘selfie pay’ biometric authentication app in Europe market

MasterCard recently launched selfie pay biometric authentication for its European customers