Industry News

LetterOne Funds Uber with USD200 million

Uber’s market share is forecast to increase in the United States

Oracle plans to invest $400 Million for its India Operations

Oracle to set up campus in Bangalore, the largest center outside the US

Mahindra and Mahindra Consolidates Agri Business

Mahindra transfers its agri business to Mahindra Subhlabh Services Ltd

Lanxess and Saudi Aramco Set Up Joint Venture for the Production of Synthetic Rubber

LANXESS Aktiengesellschaft, a Germany based global manufacturer of specialty chemicals and performance polymers

Yokohama Rubber Poised to Expand Tyre Manufacturing Capacity

Expansion of Production Capacity is anticipated to Increase Market Share of Yokohama in Japan Tyre Market

Blue Star targets 12% market share in the Room ACs segment by 2017

India’s leading air conditioning company aiming 12% market share in its room ACs segments

M. Holland to Acquire Able International and Tril Export

M. Holland, a US based distributor of thermoplastics resins, has inked a letter of intent to acquire two global resins distributors, namely – Tril Export and Able International. The former caters to the growing

Radio Taxi services provider Meru targets expansion in 45 new cities of India to become USD1 billion firm by 2022.

The company is aiming to have a network of one lakh radio taxis by 2022.

Plonk, a real-time parking app for user to find the right space

Mobile Parking app launched to facilitate the right parking space to users

U.S. President Barack Obama rolls out national cybersecurity action plan

National Action Plan on Cybersecurity worth US$ 19 Billion is rollout in U.S.

Kalyan jewelers to go online partnering with Flipkart to sell jewellery online

The Kerala based Jewelers would be using e-commerce channel to increase its business.

Daikin Industries Ltd. Acquires Flanders Holdings LLC

Daikin Industries Ltd., a multinational air conditioner manufacturer based in Japan, has acquired USA based Flanders Holdings LLC through

A Schulman Adds Two Production Lines for Manufacturing Plastic Compounds

A Schulman, a US based global manufacturer of plastic compounds, has increased its plastic compounds production capacity with the addition of two new production lines at the existing manufacturing facility in Germany.

A Schulman Adds Two Production Lines for Manufacturing Plastic Compounds

A Schulman, a US based global manufacturer of plastic compounds, has increased its plastic compounds production capacity with the addition of two new production lines at the existing manufacturing facility in Germany.

Ground broken for Tire Plant in Sanandaj, Kordestan Province of Iran

Razi Tire greenfield tyre plant will produce 50,000 metric tons of tyres per year and is expected to commence production in March 2016.

Major Natural Rubber producers to cut rubber supply

Major ITRC members to cut natural rubber supply to stabilize international natural rubber prices

Wipro wins infrastructure management contracts from ASSA ABOY

Wipro, a Bangalore-based technology giant bagged a contract from Sweden Lock Manufacturer

Amazon invests INR1980 crores in Indian Online Retail Space

Seattle based online retail major infusing money in its Indian unit to maintain its dominance in India online retail market

Dabur to set-up e-store LiveVeda with Snapdeal

Dabur ties up with Snapdeal to set-up an e-store for its Ayurveda products

HCL Technologies partnered with Microsoft for its IoT Incubation center

HCL Technologies launched its ‘Internet of Things’ incubation center in partnership with Microsoft