Industry News

India’s Renewable Energy Market to see investment of more than $80 Billion by 2022

Government’s commitment in developing clean energy sources along with foreign investments will likely to drive growth in renewable energy projects

Panda Express an American-Chinese food chain is entering in India

The fast food chain Panda Express is planning to enter in partnership with Mumbai based JSM

Ascend begins manufacturing of Hexatran Trifunctional Amine in US

Ascend Performance Materials, a US Based chemical company started production of trifunctional amine at its Decatur production facility.

Uber plans to invest USD500 million by June 2016 in India

San Francisco based ride aggregator app company Uber, declared to invest a sum total of USD1 billion in India, nine months ago.

India-based HFCL to undergo joint venture with global defence electronics manufacturer

HFCL is in talks of undergoing a joint venture with a global partner for developing and enhancing the electronic and communication systems related to defence in India.

Adani Group is offering 49% of stake in upcoming Dhamra LNG Project to IOC & GAIL

Wide gap between demand-supply of natural gas, will surges the demand of LNG in India

Amul brand is setting up its processing unit in Northeast and Kolkata

Gujarat Cooperative Milk Marketing Federation (GCMMF), under the Amul brand sells its dairy products, is setting up its processing unit in the Northeast and Kolkata

Primus Green Energy Announces Plans to Build Methanol Production Facility

US based gas-to-liquids technology developer strategizes to launch methanol production plant in the Marcellus Region by 2017

Nissan – Renault to increase its production at Chennai plant

The Franco-Japanese duo to increase production through a night shift at its Chennai plant.

Sharp and Foxconn to hold a board meeting for signing a takeover deal next week

Taiwan based Foxconn to acquire the Japan-based Sharp Corporation to gain control over advanced screen technology of the company

ONGC Videsh Ltd received an approval from Russian Government for acquisition of 15 per cent stake in oil field of Vankor from Rosneft for USD1.268 billion.

India is ensuring energy security by acquiring oil and natural gas fields located in non OPEC Countries

CaratLane contacting US based online stores for acquisition

E-Commerce entrepreneur Mithun Sacheti is in dialogue with the US based online stores for acquisition in his venture CaratLane

BASF Completes Capacity Expansion of Chemical Intermediate

BASF accomplishes completion of 1,4-butanediol at Verbund site in Louisiana to address the growing demand in North America and South America.

Yokohama to acquire Alliance Tire

Japanese tire giant Yokohama inked a deal to purchase Indian OTR tire manufacturer Alliance Tire for USD1.18 billion

US-based Google comes up with new strategies to fulfil its cloud services strategy

Google takes up new strategies to expanding its cloud services space globally

Axial inks deal with Old World Industries for distribution of liquid caustic soda

Axial Corporation enters into a distribution agreement with Old World Industries for marketing liquid caustic soda across the United States.

Mahindra & Mahindra entering into dairy market, launched milk in Indore

Mahindra & Mahindra, an auto-to-aerospace conglomerate has entered into the dairy market by launching milk in Indore, Madhya Pradesh

Gujarat State Petroleum Corporation and Gazprom agrees on purchase of four LNG cargoes from Gazprom

With the closure of sales for LNG cargoes to GSPC from Gazprom, the LNG business in India is going to receive a big boast

Yokohama expands its OE fitment on Chrysler Pacificas variant of 2017

The North American manufacturing and marketing arm of Japan based Yokohama Rubber Co. Ltd., announced its recent OE agreement with Chrysler

Acme Cleantech Solutions Pvt. Ltd expands solar power project portfolio to 1229 MW

ACME is targeting to commission 7.5 GW of solar energy projects by 2019-20