Industry News

Samsung India to launch exclusive range of products for online sales

Korean electronics giant, Samsung, is planning to manufacture an exclusive range of products specifically for e-commerce sales

US-based cybersecurity companies take up initiatives to fight against the cyberattacks

Fortinet and Intel Security takes the initiative to strengthen cybersecurity

Sherwin-Williams Plans to Acquire Valspar for USD11.3 billion

Sherwin-Williams, paints & coatings manufacturer, plans to complete the buyout of Valspar by 2017

BMW Choose Hankook tire for Original Equipment Fitment

Hankook will supply first time, ultra-high performance and winter tire to BMW 7 Series.

BHEL commissioned second thermal unit of 270MW in Punjab within one month of commissioning of a first unit of same capacity

Power and Distribution Transformers Market in India is going to grow on account of creation of new power plants in the country

LG overtakes Sony in flat television sales

Bravia maker Sony slips to third position in India’s flat television market

Quantum Plastics expands its Footprints in Mexico with Plasticos Promex acquisition:

Quantum plastics has announced that Plasticos Promex USA Inc. and its maquiladora, International Industrial Services have joined Quantum Plastics.

China based Triangle Group initiates High Performance Passenger Car Tire Plant at its New Plant

Triangle Group began production of high performance passenger car tires at its new production facility in Shandong Province

Oppo announced to locally manufacture 10 lakh 4G phones per month in its upcoming facility

Chinese smartphone manufacturer to setup manufacturing facility in India

ITC sees a rise in its market share

ITC sees a rise in its market share

BASF and Petronas commence the construction of HR-PIB production facility in Malaysia

BASF and Petronas Chemicals joint venture starts the construction of a highly reactive polyisobutene plant in Kuantan, Malaysia.

Toyo tires launch Open Country UT tires for SUVs and Pick-ups

The Japanese tire company has recently introduced Open Country UT tires for the SUV and Pick-up truck’s segment.

US-based Cisco decided to invest over the start-ups and creating talent pool in India

Cisco to support start-up ecosystem and committed to create skilled human resource in the country

Government led policy to promote gas based power generation is going to be a big boast for LNG business in India

With auction of imported gas under power sector development fund scheme the gas based power generation business is expected to expand in near future

Air Products & Chemical Inc. expected to sell its performance material business to Evonik Industries.

Evonik in talks to purchase performance materials business division of Air Products and Chemicals worth USD3.5 billion.

KBT Tyres was appointed as the official partner of Magna Tyres in Ireland

The OTR tire giant based in Netherlands is looking forward to spread its reach in Ireland with the assistance of the renowned KBT Tyres

Honeywell Automation appoints former CFO of Wipro as its Chairman

The former CFO of Wipro, Suresh Senapaty has been appointed as the Chairman of Honeywell Automation India Ltd.

The finding of Canada’s National Energy Board estimates 219 tcf of marketable unconventional shale gas at Liard Basin in Canada

Liard basin in Canada has identified as one of largest shale gas deposits available in the World

In India, over 68% of milk does not qualify the standards

Around 70% of milk in the country does not confirm to standards as per the food regulator

GSFC signs agreement with Karnalyte Resources for the construction of potash project

Gujarat State Fertilizers and Chemicals to invest around USD700 million for the construction of potash mine in Canada.