Industry News

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

Parle Agro to spend INR 150 Crores on Advertising and Distribution

Parle Agro to enter rural areas, plans to expand its presence and distribution channel.

BASF Opens Ucrete Manufacturing Facility

German giant declares open the production line for flooring solutions at the existing construction chemicals facility in Malaysia

Kumho Tire further solidifies Product Portfolio

The company introduces Ultra High Performance Tires for both ends of its price band, leaving customers with better choices and higher loyalty towards the brand.

US-based Blackstone strikes an agreement with HP Enterprises for purchasing stake in India-based Mphasis

Blackstone has signed a deal with HPE to buy a major stake in Mphasis

Food companies benefit from Premiumisation

Dabur, Parle and others offer mixture of masalas and Premiumisation which help products take off

Hardware industry body MAIT launches Aadhaar authentication featured device

MAIT, in collaboration with Datamini and Intel has introduced a device integrated with the fingerprint scanner for Aadhaar authentication

Government of India caps natural gas prices from the difficult field at USD6.61/ per million British thermal units

Natural gas produced from difficult fields would surge India Oilfield Services Market in India

Transilwrap acquires Dow Chemical’s global specialty films business

Dow Chemical has planned to sell its global specialty films business to Transilwrap Company

Pirelli plans entry into Commercial Vehicle Tire market of North America

The Italian Tire maker to sell tires for trucks and buses through a new subsidiary in US and Canada