Industry News

Reliance Industries Ltd. (RIL) gets approval for off-shore oil exploration in Tamil Nadu

The ongoing offshore activities will strengthen the domestic Oil and Gas Sector

Reliance Jio launched ‘JioMoney’ Digital Wallet in India

Relience Jio entered into mobile wallet segment by launching its digital wallet ‘JioMoney’

New regulations made by the U.S. Environmental Protection Agency (EPA) cuts Oil and Gas Methane Emissions

On account of strict regulations and high compensations in case of hydrocarbon spills, aging pipelines are propelling the demand for pipeline leak detection across the globe

Amazon to standardise packaging for all vendors in India

Amazon India is helping its vendors to source packaging supplies to standardise packaging for its platform. This is also the first time the ecommerce giant has the initiative globally.

Ecoark Holdings Acquires Sable Polymer Solutions

US Based Ecoark Holdings completes acquisition of reclaimed resin materials producer, that is, Sable Polymer Solutions

MV Augusta launches 5 bikes in India ranging between USD25.15 thousand and USD53.51 thousand

MV Agusta officially enters India with its F3 800, F4 and the Brutale 1090 s.

Samsung expands its Gear virtual reality headset

The company is aiming to entice more customers by adding entertainment and educational options to its Gear virtual reality headset.

EIA International Energy Outlook report projects Crude Oil Prices rebounding to USD76 per barrel in 2017

The U.S. Energy Information Administration anticipates increased growth in fuel consumption

Polynt Group to Merge with Reichhold

Reichhold and Polynt have announced the combination of their businesses

BMW launches petrol version of 320i sedan in India for around USD55.46 thousand

BMW 320i, the BMW 3 Series sedan is now available across the country in both petrol and diesel variants

Simplifying the terms and conditions for oil & gas fields auction in India will drive production from newly discovered oilfields

With increasing focus on oil and gas production in the country the oil field services market is going to receive a big thrust in near future

Air Conditioners sales hit 5-year high

Sales of air conditioners reached the highest in five years in this March

Mohit Industries to Expand Yarn Capacity by 50%

Mohit Industries Limited strategizes to increase yarn production in order to address the growing demand for textile in India

Hankook Dynapro Selected as OE Partner by Nissan Motor Co. Ltd.

Hankook Tire Co. Inc. has entered into a contract with Nissan Motor Co. Ltd. for OE fitments on the Frontier Pickup Truck

Vodafone Invests INR1,000 Crore and Deploys 3,200 Sites in Delhi/NCR

Vodafone India Invested INR1,000 Crore in Delhi/NCR for Upgradation of its network services

The Gujarat Energy Development Agency (GEDA) to launch solar rooftop project for residential consumers

With the increasing installation of rooftop solar power units across Gujarat, Gujarat Energy Development Agency’s (GEDA) aim to generate 50MW of electricity seems to be achievable

Philips Lighting Eyes Domestic and Institutional sales in Northeast India.

Philips to target growing Northeast India market to increase their share in lighting Business

Domo Chemicals Opens its First Nylon Compounding Plant in China

With increasing demand for high quality engineering plastics in automotive, electrical and consumer goods industries, the company plans to expand in the APAC region

Auto component makers fear backlash

Ban on diesel cars in New Delhi is anticipated to affect Auto Components manufacturers, sooner or later

US-based EMC enters the race to fulfil the development of smart cities in India

EMC has announced to provide its services to the Indian government for developing the smart cities in the country