Industry News

Fiat Chrysler to partner Google for Self-Driving cars

The automaker is in late stages for partnering with Google for Self-driving car technology

Hero Electronix engaged in Phase-Wise Acquisition, to Acquire Majority Stake in Tessolve Semiconductors

Hero Electronix, arm of Hero Group in electronics sector acquired semiconductor test engineering services company to expand and diversify business presence across semiconductor value chain

WorkFusion, VirtusaPolaris join hands to provide automation solution to Banking and Financial Services Sector

The two companies entered into alliance to improve efficiency by enabling automation in the Banking & Financial Services Sector

KFC plans to bring edible packaging in India

US based food service chain KFC plans to introduce edible packaging in India

Advent Expands Agrochemical Portfolio with Viakem

Advent International will acquire chemicals producer Viakem SA de CV in order to increase its agrochemical product line.

Cooper Tire expanded its RoadProduct Line

The American multinational tire company, recently, added an all new product to its existing commercial vehicle tire line

Nuclear Plants to be set up in Northern India States of Punjab, Uttarakhand and Uttar Pradesh

The development plans will increase the share of Nuclear Power in Northern India

Reliance Industries Ltd. collaborates with Star Cotspin Limited

Reliance Industries partners with Star Cotspin to produce high quality sewing threads

Indians can recharge their e-tolling FASTag via digital wallets soon

India recently launched an e-tolling service at 275 toll plazas; it allows vehicle to pass through toll without any stoppage

India’s fuel demand is likely to grow by 7.3% in FY17 led by increased consumption of petrol and high speed diesel

Ministry of Petroleum has estimated the fuel consumption to rise to 190.0 million tonnes by FY17

Consolidating India Dairy Industry

Small dairy firms are selling out to bigger ones on account of declining production, increasing input cost and growing competition in the market

Tata motors to introduce autonomous features in its cars

Tata motors to introduce driver assistance features to mark its presence in autonomous car industry

Skull Sound, a new technology in biometrics market

Researchers developed a new technology which uses ‘skull sound’ as a password of authentication

Government of India have made a total investment of INR90, 841 crores in Clean Energy in last three fiscal years

Increasing investment in clean energy would drive the demand for Solar Power Equipment Market

Cadbury Inaugurates Largest Asia-Pacific Chocolate Facility in India

Cadbury India, a part of the USD30 billion Mondelez International, inaugurated its largest manufacturing plant in Asia Pacific, built at an investment of USD190 million.

Precision Technology Acquired by Valentus Specialty Chemicals

In a step to expand in the floor coatings market, Valentus acquired Precision Technology’s floor finishes business

Germany poised to tighten regulations for winter tires

Tires to have Three-Peak-Mountain-Snowflake (3PMSF) symbol in addition to M+S symbol from 2018

W.R. Grace to acquire the polyolefin catalyst business of BASF

BASF to complete the divestment of its global polyolefin business by third quarter of 2016

Bridgestone selected as Original Equipment supplier for Honda Clarity Fuel Cell Vehicle

The Japanese tire maker to supply Bridgestone Ecopia tires on the Honda Fuel Cell Vehicle from 2016

TCS and Vistara entered into strategic alliance

Indian technology giant, TCS entered into the strategic partnership with Vistara to manage its IT operations