Industry News

Samsung launched Iris recognition biometric technology enabled tablet in Indian market

To cater to the needs of government and enterprises, Samsung launched iris recognition technology enabled tablets in India

Bharat Heavy Electronics Limited (BHEL) announces commissioning of 800 MW supercritical thermal unit in Karnataka

The unit commissioned will help in meeting the increased demand for electricity due to rising consumption

Richemont plans to buy stake in Italian jewellers Buccellati

Richemont is in talks with an Italian jewellers Buccellati to buy a controlling stake in the company

IFFCO slashes price of DAP, NPK fertilizers by INR 1000

Indian fertilizer giant, Indian Farmers Fertilizer Cooperative Limited, has slashed rates of DAP and NPK fertilizers by INR 1000 per tonne as a huge relief to the farmers

Toyota Motor Corp to invest in on-demand ride-hailing company Uber

Toyota and Uber have joined hands to create new leasing options in which Uber drivers can lease vehicles from Toyota Financial Services and cover the payments through their Uber earnings

Microsoft planned to deliver internet services in remote areas

Microsoft has collaborated with other technology companies in order to provide internet services in remote areas throughout the world

Government seeks bids for nearly four dozen small oil & gas fields

With the auction of small sized undeveloped oil & gas fields in India, the demand for Oil Field Services (OFS) is set to increase at a significant level

Middle East Air Conditioner Manufacturer, Zamil wins USD92.8 Million Contract

Zamil to supply 80 custom water-cooled centrifugal chillers to Saudi Arabia for Dar Al Hijrah project

Bayer Bids USD62 Billion to buyout Monsanto

Bayer AG strategizes to become the largest player in the global agrochemicals market through acquisition of Monsanto, a major agricultural products manufacturer

Giti to replace its flagship brand in Europe Commercial Vehicle Tire Market

The renowned tire manufacturer, Giti announced to replace its famous flagship brand, GT Radial in Europe, at Reifen 2016

Government of India has electrified a total of 7,874 villages, as of May 22, 2016, under the Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY)

India is progressing ahead for achieving 100% rural electrification by May 1, 2018

National Green Tribunal bans diesel vehicles over 10 years old in South India state Kerala

The National Green tribunal (NGT) also temporarily banned registration of new diesel vehicles over 2,000cc.

Onshape a full-cloud CAD company launched its operations in India

3D cloud based computer-aided design (CAD) firm Onshape entered into the India market for talent by launching its operation formally.

Snapdeal Launches New Version of ad Platform

The new version of Snapdeal Ads will help sellers target customers based on their browsing behavior, geo-location and purchase history

Stepan Company to shut down its production facility in Canada

The company expected to move its production to its existing facilities located in North American region.

GMR Group is planning to set up an LNG terminal at Andhra's Kakinada port

With increasing demand for natural gas the LNG market in India is going to expand in near future

Godrej Group hopes to become USD10 billion entity by 2020

Godrej Group aims to achieve USD10 billion turnover by diversifying and acquiring their business in emerging markets

Shell to Restart its Ethylene Cracker in Singapore in July 2016

During the Asia Petrochemical Industry Conference (APIC), Shell Chemicals announced that its steam cracker in Singapore would be restarted in July

Uber confirms its self-driving car project

The company has confirmed its acceptance to the rumours swirling about Uber’s autonomous car ambition.

Intel introduced a new offering of cloud based SDI (Software Defined Infrastructure) for data centers

Intel is focusing on eCommerce and Internet of Things (IoT) segments in the country by launching its new offering of cloud-based SDI for data centres