Industry News

Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project received an investment of USD200 million for studies and engineering

The four nations that are part of the Tapi Project are targeting to commission the project by 2018

Senco to sell Jewellery on India’s largest e-commerce marketplace

Jewellery major Senco Gold & Diamonds tied up with Flipkart to sell Jewellery worth 7,000 to 1,50,000

Sun Chemical Acquired Flexo Inks Business of Colmar Inks

Sun Chemical acquired Flexo ink business of Colmar Inks to fortify its position as a producer of liquid inks for packaging sector

Michelin planning to expand its production facility in Mexico

France based tire producer planning to cater the North American market by expanding and building a new tire plant in Guanajuato, Mexico.

Data Security Council of India and Google joins hands to create awareness about cybersecurity

‘Internet Safety Program’ is launched for Micro-Small and Medium Businesses (MSME)

BHEL have set a record by commissioning 15 GW Power Generation plant in the FY16

Power and Distribution Transformers Market in India is expected to grow on account of addition of new power generation capacity in the country

LG starts to make country specific smartphones for India

LG Electronics has started manufacturing smartphones that will be specifically for the Indian market

LyondellBasell Acquires Polypropylene Compounding Assets from Indian Firm

LyondellBasell completes acquisition of PP compounding business of India based Zylog Plastalloys Pvt. Ltd.

Volvo plans to test up to 100 self-driving cars in China

After Swedish city Gothenburg, Volvo aims to start deploying self-drive test cars in Beijing in order to build consumer trust in technology.

KMG Chemicals acquires electronic chemicals producer Nagase FineChem (NFC)

Singapore based electronic chemicals manufacturer taken over by KMG Chemicals, Inc. worth USD2.8 million

Tata Motors launched its much awaited hatchback Segment Car, Tiago.

The India based, Tata Motors launched its much awaited hatchback Segment Car, Tiago in introductory price of around USD4,800 in India.

Wipro to open delivery centers in the United States, targeting $15 Billion by 2020

Wipro aims to expand its presence and business internationally and within India to meet the target of $15 Billion by 2020

ONGC gets approval for oil exploration project in Gujrat which includes 22 exploratory wells

With approval for oil exploration and production to ONGC, the oilfield services market in India is expected to expand in the near future

FSSAI Registration becomes mandatory for e-tailers

E-commerce player selling food products will have to get registered with food regulator FSSAI

Nautic Partners’ IPS has acquired Integra Adhesives

IPS, the portfolio company of Nautic Partners, has acquired Integra which is a leading manufacturer of specialty adhesives, majorly used for binding stones.

Triangle Tyre to increase its penetration in the U.S. Tire Market

China based Triangle Tyre Company Ltd. is all set to increase its penetration in the U.S. tire market through its second subsidiary “Triangle Tire USA”

Telecom provider BSNL to introduce its 4G services across the country’s 14 Telecom Circles

In order to compete with the existing 4G service providers, BSNL has decided to launch its 4G services in 14 Telecom Circles across the country

India’s Power Transmission and Distribution Sector to attract investment worth USD 300 billion by 2017

India’s Transmission and Distribution Sector to offer massive investment opportunities by under the 12th five-year plan

Coke announced the launch of its flavoured milk

Cola will enter into new categories such as milk and mango flavour drinks

Power Grid Corporation commissioned INR303 billion transmission projects in FY 2015-16

Power Grid Corporation is focusing on integration of transmission lines with renewable energy to the national grid