Industry News

Oxiteno and Ashland to partner in agrochemical business

Oxiteno and Ashland Inc., collaborate to expand respective specialty chemical business in agricultural sector

Delhi Government in proposition to fix a limit of fares for radio taxi aggregators

Delhi Government likely to fix an upper cap limit on fare being charged by cab aggregators such as Ola and Uber

Microsoft to acquire LinkedIn for $26.2 Billion

Microsoft has announced to acquire business-oriented social platform LinkedIn for $196 per share in order to make a big move into enterprise social networking

Siemens acquired an EPC project worth USD11.6 million from Power Grid Corporation of India Limited (PGCIL) at Bhuj in Gujarat

The development of EPC project would boost the power transmission infrastructure in India

Godrej Appliances to invest Rs 200 crores to increase production

Godrej to hike production of its two existing home appliances manufacturing plants, by investing Rs 200 crores

R-Com and Aircel Merger to be Completed by July 2016

Reliance Communications Ltd. (R-Com) and Aircel Ltd. signed agreement to merge their telecom entities

Adani Group wins bid for developing 100MW solar unit in Chhattisgarh

With increasing number of upcoming solar power projects, the solar power equipment market is expected to witness significant growth in near future

ITC stepped into dairy whitener market with its Sunfresh brand and intensifies rivalry with Amul and Nestle

ITC with its Sunfresh brand forays into dairy whitener market

Westlake Chemical Agrees to Acquire Axiall for USD3.8 billion

Westlake Chemical has agreed to buy Axiall Corporation for USD3.8 billion for USD33 per share

Daimler to launch its Electric Car at Paris Auto Show in October 2016

The premium car maker, Daimler, is about to unveil its long distance electric car at Paris auto show

Dutch Architect Revealed 3D Printer to Make 'Endless' House

Dutch Architect, Janjaap Ruijssenaar, introduced concept for 3D printed Landscape House based on infinite loop

With installed capacity of renewable energy reaches 42,850MW, the renewable energy generation capacity surpasses hydro power generation capacity

Growth in installed capacity of renewable energy in India is expected to drive the market for solar power equipments in the country

Micromax forays into Air Conditioners Market

Micromax Starts Manufacturing of window and split Air Conditioners at its Uttarakhand facility

Shell Strategizes to Build Petrochemical Complex in the United States

Shell Chemical Appalachia LLC to construct a new petrochemicals facility in Pennsylvania, United States

Nissan to roll out India's first hybrid SUV by end of current financial year

Japanese passenger car manufacturing Company targeting around 5% market share by 2020, up from less than 2% present share.

Crude oil prices reached USD52.26 per barrel as of June 08, 2016

The increase in crude oil prices will enhance the drilling and production activities leading to increase in business of oilfield service market

Linde Plans Expansion in Southern Georgia and Northern Florida

Linde North America, Inc. to invest USD40 million for setting up a new air separation unit (ASU) in the US

Dabur is planning for a major expansion in the e-commerce segment

Dabur is preparing to expand in the e-commerce segment in order to tap the fast growing e-commerce FMCG sector in the country.

Dunlop opens new distribution centre to use the growth in South Africa market

Fresh investment done by Sumitomo Rubber South Africa (Pty) Ltd (SRSA), Dunlop South Africa.

Infosys’ Finacle software to be used by PayTM’s Payment Bank

Infosys to provide its core banking system services to PayTM