Industry News

Google join hands with Ford to build self-driving cars

The world’s pioneer technology company –Google teamed up with one of the automotive leader –Ford to combine the technology and manufacturing capabilities to manufacture self-driving cars.

Wipro acquires US-based Viteos Group for $130 Million

The third largest software exporter in India strengthened its inroads in banking and financial industry by acquiring the United States business process-as-a-service provider

Celanese announced to form a joint venture with Sichuan Wuliangye

Celanese, United States based global specialty materials company announced that it signed a Memorandum of Understanding (MoU) to form a joint venture with China based Push Group Co., Ltd,

Sumitomo to realign business units in North America

Sumitomo Rubber Industries Ltd. (SRI) marked its presence further in the North American tyre industry.

Hain Celestial Announces Acquisition of Orchard House

The Hain Celestial Group, Inc. is an organic and natural foods company has announced the acquisition of Orchard House Foods Limited, which is a prepared fruit, juice, fruit desserts and ingredients company.

Citrus Pay Co-Founder, Jitendra Gupta Funded Cityfurnish

An online platform for renting furniture, appliances and furnishings, Cityfurnish has raised a seed funding from Jitendra Gupta, Co-Founder of Citrus Pay. The funding amount is not yet disclosed.

Tech Mahindra ventures into Mobile Wallet Market with MoboMoney

The booming mobile wallet space is wooed Indian largest private technology player, which resulted in the launched its own contactless wallet

IVL Completes the acquisition of Micro Polypet Private Limited

In November 2015, Indorama Ventures Public Company Limited (IVL), a Thailand based company involved in the manufacturing of intermediate petrochemicals had announced to acquire a 100% stakes of Micro Polypet Private Limited (MicroPet), located at Panipat district, in North Indian state of Haryana.

Italy’s Pirelli to merge with ChemChina

ITALY, MILAN (Dec. 24, 2015) – The state-owned enterprise of China Republic, ChemChina (China National Chemical Corporation) took an advantage of weak euro,

Chambal Fertilizers to sell its shipping business to set up ammonia-urea project at Kota, Rajasthan

Chambal Fertilizers and Chemicals Limited, part of KK Birla Group is one amongst the leading manufacturers of fertilizers in India.

Sentury Tire focuses on establishing a plant at U.S. by 2017

According to the President of Qingdao Sentury Tire Co. Ltd., Lanny Lin, the company has invested an immense budget for several hundred million dollars

Aditya Birla Chemical merger with Grasim Industries

Aditya Birla Chemical, a business unit of Aditya Birla Group announced its merger with Grasim Industries,

Kumho ready for new era of change

Kumho has undergone change of its headquarter from California to Atlanta, which was a huge breakthrough for company by shifting almost 80% of its staffs

Bridgestone to expand North Carolina passenger car tyre plant

Bridgestone Americas plans to invest around USD164 million at its Wilson passenger tyre plant.

Google, Lenovo to launch Project Tango Devices

The global technology giant Google, announced a technology platform and named Project Tango in the year 2014.

Amazon Web Services launches Amazon WorkMail

Amazon Web Services (AWS) a clear leader in cloud computing market worldwide launched its email and calendar services –WorkMail.

Warangal Set to Get India’s largest Textile Park

Warangal (Telangana) which is the second largest city after Hyderabad is all set to get country’s largest textile park with the massive area of 2000-3000 acres.

US Government files a complaint against Volkswagen over emissions cheat

The United states of America, Justice Department has filed a complaint against Volkswagen Group for installing emissions-cheating software devices in around 600,000 diesel vehicles which were sold in the United States.

Verderflex to supply peristaltic pumps to Smart Storm

Smart Storm, a United Kingdom based company which provides water and wastewater equipment announced to deploy the peristaltic pumps manufactured by Verderflex.

Philip Morris eyes to change landscape of cigarette brands

Indian cigarette market might see some changes as global cigarette giant Philip Morris has begun talks with its 36 years old partner