Industry News

Huawei Technologies plans to expand its cloud computing market

Shenzhen-based Huawei Technologies has decided to grow its cloud computing business across Europe, Africa and Russia

Jacobs Acquires Patent Rights for Bayer’s Sulfuric Acid Converter Technology

Bayer AG and Jacobs Engineering Group Inc. have formed an agreement for transfer of patent rights for Bayqik quasi-isothermal sulfuric acid converter technology and other related technology from Bayer AG

Damas to open a new manufacturing plant in Dubai

Damas Dubai, as a part of its commitment to initiate “Made in UAE”, has opened a production factory in Nad Al Hamar

LyondellBasell Plans to Open New HDPE Facility in Texas

LyondellBasell Industries choses La Porte, Texas for building new HDPE plant using Hyperzone cascade gas-phase PE technology with an investment of around USD700 million

Tata Power and ICICI Venture to collaborate in terms of joint investment platform

The joint investment program would surge the investment in Power projects in India

Intel to spin out its cybersecurity division, Intel Security

Intel corporation and TPG collaborate to form a jointly owned, cyber security company named McAfee

Harley Davidson to launch its Roadster Model in India

The premium motorcycle brand is about to launch its Exclusive version of Roadster variant in India

RoohAfza to place itself in ready-to-drink space

Hamdard Laboratories to launch RoohAfza Fusion, a Ready-to-Drink product, in a competitive landscape of ready to drink segment

India Sulphuric Acid Market in Recovery Phase

Sulphuric acid imports in India exhibited growth at a CAGR of 43.8% during 2013-2015

vArmour announced New Cyber Deception Solution for protecting next generation data centers

vArmour announced a cyber deception solution to expand security capability on its distributed security architecture

Indian government has opened up India’s solar mission to foreign companies

The strategy of Indian government to invite foreign players to build solar power in India is likely to improve domestic production and promote the use of solar energy in the country

Hercules Launches Tires for Light Trucks

Hercules tire has announced introduction of new tire variants in its Terra Trac portfolio

Ikea to merge its stores in India with online trade

Ikea which is opening its first store in India by 2017, plans to integrate its stores with online trading for its customers

EIA forecast oil output in US to fall by less than previously expected

The decline in production is limited due to improved drilling rig efficiencies and implementation of new technologies in drilling rig

Two New All-Terrain Tires to be Launched by TBC Brands

TBC Brands unveils new superior performance winter tires for passenger and light truck vehicles

Sumitomo Chemical Plans to Expand Production of Lithium Ion Battery Separators

Sumitomo Chemical plans to increase lithium ion secondary-battery separator capacity by fourfold at its production facility at Daegu, South Korea.

ITC Foods to introduce new coffee beverages

ITC to introduce new flavors, a blend of Indian and international bean varieties

Apple launched iPhone 7 and 7 plus in San Francisco at an Apple event

The company rolled out two new iPhone s, Apple Watch Series 2 and a set of wireless headphones

Amazon decides to allow sellers to advertise first and pay advertising fees later

Amazon all set to launch new system in India, under which advertising fee of the sellers will be deducted from the sales proceeds.

Hero MotoCorp Unveils Three New Motorcycles for African Market

DAWN series Motorcycles with 100cc, 125cc and 150cc engines bike, launched by Hero MotoCorp