Industry News

NIIT to provide training to 20 thousand students on modern technologies

With the development in the technology sector, NIIT aims to train 20 thousand students on Internet on Things, Virtual Reality, Robotics, and so on.

India exceeds its capacity addition targets for 2015-16 in solar energy projects

Solar energy is likely to attract investment as Indian Government plants to install 100 GW of solar energy by 2022

Air Conditioner sales are witnessing early demand this year with the heat arriving early this year

With the increasing heat due to early summers this year the sales of ACs and refrigerators have shot up in the country.

Blue Star Announced its Plans of Entering into India Water Purifier Business

Blue Star Limited, a leading air conditioning and commercial refrigeration company, has announced that it is planning to enter the water purifier business by the end of 2016.

Shandong Linglong Tire Co. planning to expand in Thailand

The Chinese tire maker is planning to further expand in Thailand

The world's biggest oil producers including Saudi Arabia have failed to reach an agreement to freeze output at January level till October 2016

Oil-producing countries met in Qatar on 17th April to discuss a plan to curtail oil production despite Saudi Arabia and Iran’s protest

Burger King to open 40 outlets this year

Florida-based restaurant chain, Burger king to open 40 more outlets in India in 2016

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

Sterlite Technologies Limited reorganize its organisational structure to support government’s Digital India initiative

India-based telecom and power cable maker reorganizes its telecom’s business organisational structure in India

Camso introduced new pair of telehandler tires

The Canadian tire manufacturer launched a pair of new telehandler tire s focusing on stability, traction and resistance to damage

Qualcomm to encourage the hardware tech start-ups to showcase their advanced tech products

In order to boost the local manufacturing & designing in India by the hardware tech start-ups, Qualcomm has decided to provide its innovative technologies and products to these start-ups

ONGC, the Indian Multinational Oil & Gas Company takes over Tapti assets from BG and Reliance

Strategic deal likely to improve the E&P activities thereby influencing the Oilfield Services Market in India

Blue Star to Invest INR2150 Million in India

Blue Star to setup two units at Jammu and Andhra Pradesh at an investment of INR2150 million

Arkema to Divest its Activated Carbon and Filter Aid Business to Calgon Carbon

Arkema to sell its wood-based activated carbon and filter aid business to Calgon Carbon for USD160.1 million

Nokian launched a new range of forestry skidder tires, Logger King LS-2

The Finland tire manufacturer recently launched a complete new range of forestry skidder tires majorly for the North American market

Chemtura Strategizes to Expand Polyurethane Elastomers Production in Italy

Chemtura Corporation plans to complete expansion of low-free (LF) MDI polyurethane elastomers at Latina facility by the end of 2016

Maxam Tire expands its product portfolio by launching solid OTR tire

Maxam Tire North America Inc. added MS708 solid OTR tire in its product line

Adwise Analytics and telematics4u entered into partnership to upgrade Out of Home Advertising Displays with Internet of Things

Billboards, the traditional marketing tool to the get the Internet of Things (IoT) upgrade

Reliance Industries Limited along with its partners has initiated the bidding process for development of deep sea oil and gas fields in India

With development of deep sea fields in India, the oil and gas field services market is going to expand in near future

TTK Prestige acquires UK’s Horwood Homewares Ltd.

TTK Prestige has acquired 100 per cent of the equity shares of Horwood Homewares (Horwood) a subsidiary of Silampos UK.