Industry News

Cabinet Committee on Economic Affairs (CCEA) Approves 40,000 MW Solar Power Scheme

The increasing installation of solar projects across the country’s solar parks will drive the demand for solar power equipment in India

Mahindra Comviva Launches Biometric Payments Solution, ‘PayPLUS Aadhaar Pay’

Mahindra Comviva announced the launch of merchant payment acceptance solution, PayPLUS Aadhaar Pay, for rural India

LSI Industries Acquires Atlas Lighting Products

The companies expect to capitalize on cross-selling opportunities through LSI Industries acquisition of Atlas Lighting

KBR to Renovate Ammonia Plant in Mangalore

KBR signs deal to revamp ammonia plant operated by Mangalore Chemicals and Fertilizers, in Mangalore.

Mitas Expands its Motorcycle Product Portfolio

Mitas has expanded its portfolio by adding new motorcycle tires

New Avon Announced the Location of its New Offices in US

North American social selling beauty company, New Avon to open its new offices New York

Bharat Petroleum Plans Investment for Petrochemical Plant

Bharat Petroleum Corp. Ltd plans to invest for construction of petrochemical complex at Bina, Madhya Pradesh.

Mat Holdings Launches New Product Line under Bendix Brand

The renowned breaks manufacturing company established new product line for the United States market

Australian Government Announced Investment of USD1.46 Million to Improve Cybersecurity Skills

The investment will be made at university level to reduce the skill shortage gap in cyber security domain.

Power Grid Won the 765 KV Power Transmission Project in Eastern India

The development of project would boost the demand for power and distribution transformers market in India

Panasonic India Launched Top-End Air Conditioner Brand, Sky Series

Consumer electronics player, Panasonic India, launched a new range of air conditioner, Sky Series with radiant cooling system.

Abu Dhabi Government Merges IPIC and Mubadala Investment Funds

Merger of IPIC and Mubadala creates Mubadala Investment Company, a USD125 billion fund

Goodyear Dunlop Launches Ecotonn 2 HL Trailer Tire

The renowned tire manufacturing company introduced high load trailer tire under its Fulda brand

National Cyber Security Lab Launched at National University of Singapore

National Research Foundation (NRF) funded USD8.4 million for National Cyber Security lab

The Capacity Utilisation at Coal-Fired Power Plants Touches 60 per cent

The increasing capacity utilization at coal-fired power plants will surge the demand for Power and Distribution Transformer Market in India

Asian Paints Acquires Causeway Paint

Asian Paints Ltd. acquires Sri Lanka based paint manufacturing company, Causeway Paint Lanka (Pvt) Limited

Yokohama to Add a New OTR Tire to its Portfolio

The renowned Japanese tire manufacturer to add new all-season radial tire for OTR equipment

TAG Heuer to Introduce Hybrid Smartwatch on March 14

New Smartwatch with Android Wear 2.0 and customizable lugs to follow success of TAG Heuer Connected

Middle East Plans to Invest USD294 Billion in Oil & Gas Projects

Investment in oil & gas projects will surge the demand for drilling fluids market in Middle East region

Havells India Limited Acquires Consumer Durable Division of Lloyd

Havells India Limited has announced the acquisition of Lloyd Consumer Durable Business Division.