Industry News

Apparel Fashion brand Neil Barrett enters India

Italian fashion brand Neil Barret teams up with Fervour to enter Indian Market.

Yokohama expanded its commercial vehicle product line with Geolander

The American subsidiary of the renowned Japanese brand, Yokohama Rubber Company, introduced a new for light commercial vehicles, the Geolander AT G015

Mid-sized IT player Persistent Systems partners with IBM on Internet of Things

Pune-based Persistent Systems announced its tie up with IBM on the Internet of Things by launching a specialised engineering software suite for IBM Watson IoT Platform.

Russia’s leading oil & gas company Rosneft is planning to buy stake in Essar Oil

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

Increasing focus on solar power generation will provide big thrust solar power equipment market in India

The solar power equipment manufacturers is looking to tap the opportunity as solar power replaces thermal unit

Voltas anticipates double-digit growth in the Air Conditioner market

The Voltas company which is owned by the TATA group expects double-digit growth in the air conditioner segment.

Wipro joins hands with Schneider Electric to develop smart city solutions

Wipro entered into strategic partnership with Schneider Electric to develop efficient solutions for India Smart Cities

Rentech Nitrogen Divested Pasadena Fertilizer Facility

Rentech Nitrogen Partners, L.P completed the sale of its manufacturing facility at Texas for a cash payment of about USD5 million and a cash working capital adjustment of about USD6 million.

Industrial Development and Renovation Organisation along with Iranian government broke ground for its 3rd greenfield tire plant in the country

The Iranian Government and IDRO have decided to launch their third tire plant, called the Arya Hamoon Tire project.

Emailage raised funding from Wipro Ventures

Emailage a U.S. based fraud prevention solution is funded by Wipro Ventures

With fast growing economy and increasing oil demand, the oil field services market in India is anticipated to witness a potential growth in the future

As the average oil demand have doubled in India from the previous decade, foreign investments are likely to increase as well

Future Group to sell Ravi Shankar’s Ayurveda products

Sri Sri Ayurveda gets new sales platform as Future Group agrees to sell its products

Safco Planning to Acquire Sabic Shares in Saudi Fertilizer Firm

Saudi Arabia Fertilizers Company, also known as Safco, is seeing to acquire Sabic's shares of Jubail-based fertilizer, Ibn Al-Bayttar.

Bridgestone to expand Canadian Tire Plant

The Japanese tire maker to expand its Canadian Passenger car and Truck facility in Joliette

Wanhua Chemical Group isophorone established a new di-isocyanate (IPDI) plant

Wanhua Chemical Group commissioned an isophorone di-isocyanate (IPDI) plant that utilizes phosgene technology

Under the Aadhar Scheme, Indian Government collected Biometric Data of 99 Crore Indians

Indian Government ensured the secrecy and security of biometric data of the citizens

General Electric Corporation (GE) inks a deal for the supply of gas turbines to 1,600MW power plant project in Indonesia

Indonesia is targeting to build 35 Gigawatt of coal and natural gas based power output by 2019

Sales of AC’s are expected to rise high with the change in temperature

Air conditioners sales are expected to increase more due to early summers arrival this year.

Apollo plans expansion by entering in Two Wheeler Tire Segment.

The leading Indian tire maker finally enters into Two Wheeler Tire segment with the launch of Apollo Acti series tires for motorcycles and scooters.

PepsiCo adds new brand in beverage Segment

PepsiCo to expand portfolio of its beverage segment to increase its sales.