Industry News

Evonik Industries AG plans to acquire Performance Materials Division of Air Products and Chemicals, Inc.

Evonik to acquire Specialty & Coating Additives business of Air Products and Chemicals, Inc.

Air cooler makers eye sales jackpot as temperature soars in the country

Air cooler makers eye sales jackpot as temperature soars in the country

Lenovo is planning to invest in technology start up fund

Lenovo, the world’s prominent personal computer maker is planning to invest in artificial intelligence, cloud computing and robotics

BHEL announces commissioning of 500 MW power plant in Jharkhand

Commissioning of Thermal Power-A station unit at Bokaro would surge India Power & Distribution Transformer Market

Sumitomo to invest additional US$ 55 million for expanding tire production facility in South Africa

The Japanese tire maker to invest another US$ 55 million to expand South African production plant

Apple and SAP Collaborated to Develop iPhone and iPad Applications for Businesses

SAP would develop applications designed specifically for iOS Operating Systems for Businesses

Chesapeake Energy Corp. is planning to drill more natural gas wells in Utica Shale located in eastern Ohio of the USA

One of the biggest oil and natural gas Company of the USA, Chesapeake is likely to increase shale gas production from Utica and Marcellus Shale

Kalyan Jewellers is planning to invest INR 900 crore in three years in a plan to expand globally

The Kerala based company invest INR 900 crore over the next three years to expand its global footprint,

Greenville Colorants to Build a Technical Center in Dalton, Georgia

Greenville has acquired a permanent site for its technical center in Dalton, Georgia to support the carpet and rug colorant business.

Suzuki Motor plans to invest around USD460 million into Pakistan

Japanese passenger car giant Suzuki motor may invest around USD460 million into Pakistan if Pakistan government revise its auto policy

The oil and gas accumulator market is set to expand on account of completion of drilled-but-uncompleted wells (DUCs) in the USA

With Shale gas producers returning to complete the previously drilled wells, the oil field services companies are expecting a in number of drilled-but-uncompleted wells (DUCs)

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.