Industry News

Indian Government is Working on a Scheme to Support Adaptation of Electric Vehicles

The increase in penetration of electric vehicles would promulgate the demand for EV infrastructure business

Osram Opto Semiconductors Launches a New Infrared LED for Iris Scanners

New Oslux IRED offers even illumination, simplifying identification of unique iris patterns

Scan Technologies Invested in Biggest VRF Air-Conditioning Installation in Sri Lanka

Scan Technologies Global (Pvt) Ltd. has secured the installation of GREE VRF Air-Conditioning systems in the heart of Colombo city.

BSNL Enters into Collaboration with Nokia for Development of 5G and IoT Applications

Bharat Sanchar Nigam Ltd signs a memorandum of understanding with Nokia for developments in 5G and Internet of Things (IoT).

GE and Woodside Sign an Agreement for Increasing the Use of LNG in Australia.

Improving technology in various sectors will surge the demand of LNG in Australia.

Lonza and Sanofi to Install Novel Biologics Production Facility

Sanofi S.A and Lonza, the France and Swiss multinational company, to enter into a strategic alliance to introduce a mammalian cell culture facility in Switzerland

Nissan to Test its Autonomous Vehicles in Europe

The renowned Japanese car manufacturer to test its autonomous vehicles on European roads

Jiangsu Sailboat Petrochemicals to Start a New Methanol-to-Olefins Unit

Jiangsu Sailboat Petrochemical Company, Ltd. commences 833,000 metric ton capacity Methanol-to-Olefins (MTO) plant in China

Voylla Aims for Revenue of USD449.20 Million

Voylla is planning to expand its sales by adopting expansion strategy

Indian Industry Witnessed Rise in Demand of Storage Devices Post Note Ban

As per Seagate demand for storage devices shot up in India, post demonetisation

AirMap to Raise Capital to Fund Drones R&D

AirMap, world's leading supplier of software for air traffic management of drones, is about to raise USD26 million from an investment arm of Microsoft

Chart Starts Shipping of Cryogenic Infrastructure for a New LNG Terminal in Lithuania

Chart equipment manufacturer stated that it has started the deliveries of the first set of cryogenic storage infrastructure to set up a new LNG terminal in Lithuania

L&T Hydrocarbon Bags an Onshore EPC Contract from IOCL Worth INR1100 Crores

Increasing investments in expansion of petrochemical plants will surge the production of LPG market in India.

Apple Patents LED-Based Fingerprint Solution for its iPhone 8

Apple has patented a new authentication solution for smartphones which would see a range of micro-LEDs used for fingerprint recognition

CB&I and Clariant Secure Propane Dehydrogenation Unit Deal in China

CB&I and Clariant have been awarded the contract by Dongguan Grand Resource Science and Technology, to establish a propane dehydrogenation unit in China.

Firestone Debuts Radial OTR Tire Line in North America

Bridgestone expands Firestone brand with addition of “VersaBuilt” line

IDFC Bank Transform Ration Shops into Banking Outlets

IDFC to tie up with convenience stores to aid customer with biometrics enabled banking using ePDS

The First Joint Cyber Security Centres of USD36.25 million Launched in Brisbane

Australian government will develop new approaches to cyber security by bringing industry, government and law enforcement together

Senex Energy Invests USD50 Million in its Western Surat Gas Project in Australia

Increasing investments in energy projects would enhance the production of LNG in the country

Wipro To Extend its Product Portfolio

Wipro to give intense competition to P&G and HUL