Industry News

ITC enters into luxury chocolate market

ITC has entered the luxury chocolate market with its brand name Fabelle

Duvaltex Inc. Acquires Michigan based True Textiles Inc.

High performance fabrics manufacturing company True Textiles Inc. taken over by Duvaltex Inc.,

US auto giant General Motors and ride-sharing company Lyft to test self-driving Chevrolet Bolt taxis

General Motors and Lyft are expected to begin testing self-driving Chevrolet Bolt taxis on public roads by the end of 2017.

GAME Digital has acquired augmented reality software company “Ads Reality”

The company acquired the augmented reality software business in order strengthen its digital capabilities

Microsoft acquires Solair, a cloud based IoT platform

A cloud based IoT (Internet of Things) platform start-up Solair’s technology would be used to upgrade Microsoft Azure IoT Suite

Increase in oil prices will boost the new drilling activities in U.S

Increasing drilling activities will surge the demand of Oil and Gas Accumulator Market in United States

Flipkart is Wooing big brands to create exclusive 'stores' on the digital marketplace

India's largest online retailer Flipkart is allowing most popular apparel and electronic brands to use its digital marketplace to create exclusive stores

Macfarlane Group Enters into USD2.8 Million Deal with Edward McNeil for Purchase of its Packaging Business

In a step to expand its packaging business, Macfarlane Group plc bought Edward McNeil Ltd. in a deal signed between them for purchasing their packaging business.

Omni United added new tire to its Radar Renegade Line

The American subsidiary of Omni United, recently, added an all new terrain tire to its existing Radar Renegade tire line.

MobikWik raised Series C funding of USD 12 Million

After introduction of Unified Payment Interface by National Payments Corporation of India, companies are looking for raising funds

Myntra will be back on Desktops from June 1

Fashion ecommerce retailer Myntra, to relaunch its desktop version of its website from next month i.e. June. The Company has decided to withdraw its mobile-only strategy, in order to bring back its lost customers.

Jindal Brothers signed up a power deal worth $976 million

JSW Energy LTD to buy 1 GW Power Plant from Jindal Steel and Power Ltd.

M. Holland Accomplished the Acquisition of Able International Corp. and Tril Export Corp.

M. Holland completed the previously announced acquisitions of sibling companies Able International Corp. and Tril Export Corp., in Puerto Rico.

Fiat Chrysler and Google ink deal for Self-Driving cars

World’s leader in technology Google and automaker giant FCA to develop 100 self-driving minivans.

To facilitate the growth of solar power in India, Solar Energy Corporation of India is planning to set up more solar plants

Increasing investment in renewable energy would drive the demand of Solar Power Equipment Market in the nation

ExxonMobil Expands Polyethylene Product Portfolio

ExxonMobil Chemical Co. launches a new polyethylene product for applications in flexible packaging

Amul expects INR50,000- crore turnover in next four years

Amul eyes INR50,00 crores from Indian market by selling Dairy and other value added items.

Kumho Tire inaugurated its passenger car tire plant in the U.S.

Kumho Tire Co. Inc. established its passenger car tire plant in Georgia with a capacity of four million tires per annum

Microsoft Cloud Services aims to reach 40% market share in India

The company is aiming that its cloud services will reach more than 40% market share in the upcoming years.

Tata Power is looking to acquire Welspun’s solar and wind assets valuing at USD1.45 billion

Welspun Renewables Energy Pvt. Ltd is planning to sell its portfolio of 1,152 MW of renewable power assets