Industry News

ONGC, IOC & BPCL have booked 60% of the Capacity of Swan Energy’s Upcoming Floating LNG Terminal

The upcoming floating LNG terminal at Gujarat coast, would surge the demand for LNG in western & northern region of India.

Yokohama Launches New OTR Tire for Loaders

Launch of new OTR tire poised to increase the market share of Yokohama

BASF and Toda Kogyo Plan for Joint Venture in Cathode Active Material

Toda Kogyo Corporation and BASF have planned to collaborate in North America Cathode Active Material for the manufacture of chemicals and iron oxides

Dabur Set to Take on Pantanjali, Expand their Herbal Farms for Ayurveda Push

The FMCG major is set to double its herb cultivation to increase its portfolio of Ayurveda products

EANA, Argentina Announced to Invest USD121 Million in Air Navigation Services

Empresa Argentina de Navegación Aérea S.E. (EANA) has announced to invest USD121 million in infrastructure and advanced technology in Air Navigation Services (ANS)

Chicken Price to Stabilize despite of Shravan

Despite of the fact that its Holy month of Shravan, the fall in the price of chicken is not expected as the chicken producers are intending to reduce the produce.

Gamesa wins order to set up 50MW wind power plant in Andhra Pradesh

The development of wind farm would surge the demand for Power and Distribution Transformer market.

A.O. Smith Corporation Completes Acquisition of Aquasana Inc

A.O. Smith Corporation takes over residential water treatment products manufacturing company, Aquasana Inc from L Catterton

Bridgestone Forays into Indian Two Wheeler Tire Market

Bridgestone enters in Indian two wheeler tire market with the launch of Neurun.

Delta ID Inc., Announces ActiveIRIS to be used for Aadhaar Authentication

The company introduced the software ActiveIRIS which passed the Performance Testing of integrated mobile devices

New Policy Drafted by Delhi Government to Regulate App-Based Taxis

New policy draft poised to bound cab aggregators to follow prescribed pricing and install GPS in cabs.

Evoqua and Neptune Benson Purchase Delta UV from Bio UV SAS

Evoqua water technologies and Neptune Benson Inc. acquire Delta Ultraviolet Corporation from Bio UV SAS to add UV solutions as additional offering for their customers

Venture between Future Group and Paytm

Future Group’s tie-up with Paytm, in order to cater the retail customers through Alibaba, is a major step to enter the online selling platform.

Government to Finalize Draft Pertaining to Cross-Border Electricity Trade Policy

The policy is expected to enable Indian producers seamlessly exchange power with neighboring countries

Intel Acquired Nervana Systems, a California-based Artificial Intelligence Start-Up Company

Nervana Systems, a AI start-up run by an Indian entrepreneur got acquired by the technology giant Intel

Apollo Tyres to Double Truck & Bus Tire Production Capacity, Invests USD448 Million

Indian Tire Maker to invest USD448 million for doubling their truck & bus tire capacity

Filtration Group Corporation Agreed to Acquire Industrial Filtration Business of MAHLE GmbH

Filtration Group agrees to acquire industrial filtration business of MAHLE GmbH to strengthen its presence in Europe and Asia-Pacific regions

100 Hallmarking Centres to Open Up in India

Near about 100 hallmarking centres have submitted applications to Bureau of Indian Standards

Five Oil and Gas Drilling & Exploration Agreements Approved by Government of Egypt

The approval of new oil & gas exploration and drilling programs would propel the growth of global natural gas compressor market.

Global Electric Vehicle Infrastructure Market Poised to Expand by 2021

With development of electric vehicle manufacturing plant, the market for electric vehicle infrastructure is set to grow