Industry News

Quikr Plans to Make Big Investment in Home Services

India home services market is about to see some new changes as Quikr plans to invest 250 Crores in this segment.

Wipro appoints Abidali Neemuchwala its new CEO

Wipro undergoes a major organizational restructuring and appointed Abid Ali Neemuchwala its new CEO

Essar Oil Limited Delisted – Largest Privatization Deal in the Indian Corporate History

Essar Oil Limited, India based oil company successfully completed the largest privatization bid in the Indian corporate history.

For Digital India Project revival, DEITY plans alternative authentication along with Aadhar

Several projects under Digital India program facing challenges as supreme court restriction over Aadhar project continues

Trelleborg Wheel to expand operations in South America

Trelleborg Wheel Systems S.p.A., the Italian tyre manufacturer, recently took a step towards expanding its reach in the South America's industrial tyre market by extending its company's base.

Bosch Siemens plans to increase localisation of home appliances

India. German home appliances maker, BSH Household Appliances has planned to upsurge its manufacturing capacity by increasing its manufacturing capacity in its Chennai Plant.

Zuari Agro Chemicals to merge its three subsidiaries

India. Zuari Agro Chemicals, a fertilizer conglomerate in India announced to absorb its three 100% owned subsidiaries in order to form a single entity with the objective to simply group structure and achieve concerted effort for the operations.

Zhongce Rubber Group introduced TBR Line at Thailand Factory

Rayong, Thailand (Jan. 02, 2016) – The ZC Rubber Thailand unit which started its operation in June 2015 at Amata City Industrial Park in Rayong, has started the production of truck bus radial (TBR) tyres as a new product line. The ZC Rubber Company is based in mainland China and ZC Rubber Thailand

Mobile Subscription in India reaches over 1 Billion

India, the third largest economy of Asia set forth a new record by reporting the mobile subscription base of 1 billion; becoming the only country after China to achieve this milestone.

PwC and NIIT University join hands to offer Master's in Cybersecurity

The growing cyber-attacks and scarcity of the cybersecurity experts in the country increase the need of specialized programs

Philips Automotive has launched GoPure car air purifier

With rising air pollution in the country, Philips are coming out with the products to tap the market opportunity.

KSB released twin pump design as part of Calio Series

KSB Aktiengesellschaft, a Frankenthal-based company, has launched a two-in-one Calio glandless pump for heating and air-conditioning systems.

Vitek, an Austrian Home Appliance Brand, enters into Indian Market Space

An international home appliance brand, Vitek, has entered into Indian market and launched various products selected for specifically Indian Market

Continental starts production of OTR tyres in Romania

Germany based Continental AG’s subsidiary, Continental Commercial Specialty Tires, has initiated manufacturing of two all new radial OTR tyre

CNG fitted Radio Taxis to be exempted from odd-even scheme

As per the Delhi state government, all the commercial vehicles present in a large number in the national capital of the country

Technology giants to expand presence in Indian Market

India has become the magnet for the technological giants, recently Microsoft India announced to set-up center of excellence and Infosys to open its largest campus in India.

Rising Import of Chemicals in Japan, Restraining the Growth of Domestic Production

Japanese chemical industry is expected to benefit from the low oil prices for the next two years. However

PayTm projected to add $500 Million in their e-wallet in 2016

Vijay Shekhar Sharma founder of PayTm expects to add approximately $500 Million in their e-wallets likely to register tenfold increase over this year.

Baba Ramdev’s Patanjali becoming a tough competitor in consumer goods space

Baba Ramdev's Patanjali have 350 products portfolio ranging from noodles and biscuits to shampoos and toothpastes.

EuroChem announced plans to establish a partnership with Agrinos

EuroChem, an agrochemical company headquartered at Switzerland, has signed an equity investment agreement with Agrinos, to magnify the marketing and sales