Industry News

BASF Shanghai Coatings to Begin Construction of Automotive Coatings Plant

BASF to invest around USD160 million for the automotive coatings plant in China which would be operational by the end of 2017.

Tata Motors-CredR tie up to help Two-Wheeler owners to upgrade to a new Nano

Indian auto giant has tied up with online marketplace for buying and selling pre-owned two-wheelers CredR and facilitate the two-wheeler owners to upgrade to four-wheelers.

Government of India encourages Hyundai to set up its 3rd plant in the country

Government encourages country’s second largest car manufacturer to set up its new plant in India.

Amazon India’s sellers are growing at 250%

Amazon India witnessed a 250 per cent growth year on year in gaining new sellers

BASF to Acquire Chemetall Surface Treatment Business from Albemarle Corp.

Albemarle, a US based specialty chemicals company to divest its surface treatment business and sell it to BASF, a German based chemicals company

Microsoft Corporation Opened Excellence Centre in Dubai

Microsoft Corporation has opened its largest centre of excellence for Oil & Gas Industry in Dubai

India to provide 24x7 power to every household by March 2019

India is progressing ahead for achieving the target of ‘Power for All’ programme by 100% rural electrification

VMware to acquire Arkin Net

VMware announced to take over Arkin Net by the end of June 2016

Oil and Natural Gas Corporation (ONGC) has set a new record of offshore rig movement in India

The offshore activities by ONGC is anticipated to strengthen the Indian oil field service market

Bulkhouse to bring e-commerce players on single platform

Bulkhouse plans to bring manufacturers, wholesalers, traders and buyers on a common online platform

Imagine IM Opened First Commercial Graphene Manufacturing Plant in Australia

Imagine Intelligent Materials Pty Ltd, an Australian developer of graphene-based coatings, has opened first commercial graphene plant in Geelong, Australia.

BMW begins construction of manufacturing plant in Mexico

German leading car maker BMW starts construction of a new plant in Mexico with an investment of around USD1 billion

Symantec to Buy Blue Coat System for USD4.65 billion

With the acquisition of Blue Coat, Symantec is focusing to enhance its leadership position in cybersecurity market

Petroleum and Natural Gas Regulatory Board (PNGRB) drops 7 out of 11 Cities for CNG retail licenses

Rapid expansion of compressed natural gas (CNG) and piped natural gas would surge the demand of city gas distribution (CGD)

L’Oreal to launch new hair care range

Cosmetics company L’Oreal plans to introduce natural hair care range in India

BASF to Expand Automotive Coatings Production at Shanghai, China

BASF Shanghai Coatings Co., Ltd. to establish an automotive coatings plant at the Shanghai Chemical Industry Park in Shanghai, China

Toyota Philippines Poised to Invest USD70 Million to Increase Vehicle Production

Japan based automobile giant is anticipated to manufacture 230 thousand units of “Vios subcompact sedans” under a USD600 million six year incentive programme introduced by the government in 2015.

Union Minister requested Amul to set up dairy projects in Vidarbha

Amul keen on setting up INR4 billion project in drought-hit Vidarbha where farmers suicide rate is very high

Tata Power to buy 25% stake in Resurgent Power for USD300 million

Tata Power Ltd has made an aggressive push to build sizable coal fired and hydro power assets in India

NIORDC Plans to Increase its Refining Capacity by more than 70% in Next Four Years

National Iranian Oil Refining and Distribution Company has announced a new plan which includes increasing the country's refining capacity to about 3.2 million barrels a day by 2020 from 1.85 million in 2015 by building five plants.