Industry News

India''s Initiative Towards Consensus-Based Declaration on AI Governance

In a move towards global cooperation and standardized governance in the realm of Artificial Intelligence (AI), India has announced its commitment to working with other countries to formulate a consensus-based declaration on AI governance.

USDA is Now Accepting Applications for Farm Loans Online

United States Department of Agriculture (USDA) unveiled an online application for Direct Loan customers. The online, interactive, guided application that is paperless and offers useful features like an electronic signature option, the capacity to attach supporting documents like tax returns, the ab

Government is considering a prolonged exemption for green hydrogen projects from the list of approved manufacturers for solar panels

the Ministry of New and Renewable Energy (MNRE), a pivotal player in the Indian government''s efforts to achieve decarbonization goals, has proposed granting an exemption to green hydrogen developers, allowing them to import solar PV modules and wind turbine s from China, bypassing the list of auth

Ramco Cements expands clinker capacity in Andhra Pradesh Plant

The Ramco Cements Ltd. (RCL) declared a notable enhancement in the clinkering capacity of its Kolimigundla cement plant in the Nandyal district of Andhra Pradesh, augmenting it by 0.65 million tonnes per annum (mtpa) through the de-bottlenecking of its pyro processing system.

Kemira Oyj announces a multi-million euro investment in water treatment chemicals production in the UK

Kemira Oyj, a global leader in sustainable chemical solutions for water-intensive industries, expands ferric sulfate production line in Goole, UK.

Bayer Invests $250 Million in the Berkeley Cell Treatment Facility

In order to provide cell therapies for usage worldwide, Bayer AG has invested USD 250 million in a new manufacturing facility in Berkeley, California, United States.

Dabur Plans to Set up New Manufacturing Unit in South India

Dabur intends to establish a new factory in South India in less than a year''s time, as its business grows in the region.

TSMC Unveils Plans for Third Plant in Kumamoto, Japan

In a strategic move to bolster its global semiconductor production capacity, Taiwan Semiconductor Manufacturing Co. (TSMC) has announced the construction of its third manufacturing facility in Kumamoto, Japan.

Tata Group Explores Potential Sites for Chip Assembly Unit

The semiconductor industry has been grappling with a severe shortage, affecting various sectors, including automotive, electronics, and telecommunications.

BASF unveils Xarvio SeedSelect, an integral component of the xarvio Field Manager suite

BASF''s Xarvio SeedSelect revolutionizes soybean seed selection by combining algorithms with field research, optimizing yield-building characteristics for precise soybean seed placement

Renaissance BioScience and Certis Belchim Forge Alliance for Innovative Eco-Friendly Biopesticide Development

Collaborative development initiative targets the creation of an eco-friendly biopesticide, leveraging RNAi technology, with the objective of mitigating the impact of a prominent agricultural pest

Merger Acquisition of Astellas Pharma Inc. and Propella Therapeutics, Inc.

Astellas Pharma Inc. has acquired PRL-02, a prostate cancer treatment program being developed by Propella Therapeutics Inc. for USD175 million.

Nuvoco launched RMC plant in Navi Mumbai, India

On November 8, 2023, Nuvoco Vistas Corporation unveiled a state-of-the-art ready-mix concrete plant in Nerul, Navi Mumbai. Situated strategically in Navi Mumbai, this facility caters to the upscale residential and commercial areas, connecting Kharghar and Vashi within a radius of 25 kilometers.

Indonesia Inaugurates Southeast Asia''s Largest Floating Solar Farm

On November 9, 2023, Indonesia celebrated the inauguration of a groundbreaking floating solar farm, valued at USD 100 million and recognized as the largest in Southeast Asia.

Historic Milestone Achieved as AI Negotiates Legal Contract Without Human Involvement

In a groundbreaking development, artificial intelligence (AI) has achieved a historic milestone by autonomously negotiating a legal contract without any human intervention.

PolyCycl and Re Sustainability Collaborate For Feedstock Facilities

Sustainability Limited (formerly known as Ramky Enviro Engineers), Asia''s leading integrated waste management company, joined forces with PolyCycl Private Limited, a trailblazer in chemical recycling of post-consumer plastics. Together, they unveiled a strategic business collaboration aimed at est

Laborie Medical Concluded Acquisition of Urotronic

Laborie Medical Technologies has successfully closed the acquisition of Urotronic, the medical device company, as previously announced.

Global Agreement Reached on AI Regulation at Bletchley Declaration Summit

In a historic move, 28 governments, including the UK, US, EU, Australia, and China, have come together at the Bletchley Declaration summit to address the growing concerns surrounding the potential catastrophic risks posed by artificial intelligence (AI).

PSMC and SBI Holdings Collaborate to Establish a $5.3 Billion Semiconductor Manufacturing Hub in Japan

In a groundbreaking move, PSMC (Pacific Semiconductor Manufacturing Corporation) and SBI Holdings have unveiled their ambitious plan to construct a state-of-the-art semiconductor manufacturing facility in Japan.

Organic Harvest Launched Organic Makeup Products

Organic Harvest, a division of the Good Glamm Group, has introduced a beauty collection including certified organic ingredients, marking their entry into the colour cosmetics market. In addition, the company unveiled a digital video campaign showcasing actor Nimrat Kaur in relation to the new colle