Industry News

India LNG Imports Surges by 15% in this November

The increase in consumption of natural gas will boost the LNG imports in the country

New Guidelines Issued by FDA for Medical Devices Cybersecurity

Agency wants to protect medical device products from cyberattacks

DENSO Associates with NEC Corp. for Autonomous Driving

The renowned automotive technology, systems and components company integrated with NEC Corporation for the promotion of autonomous vehicle driving

SNC-Lavalin Secures a Contract from Norilsk Nickel for Sulphur Recovery Project in Russia

SNC-Lavalin has been awarded a contract by Norilsk Nickel for a sulphur dioxide mitigation project in Russia

Flipkart Launches its Branded Fashion Category

Flipkart launches branded range of outfits to capture larger market share

Oil Prices Will Recover in Anticipation of OPEC and Non-OPEC Production Cuts

The production cuts would help in surging the crude oil prices, thereby creating the demand for drilling fluid in future

Indian Bank Introduced Biometric for Payment Transfer

Aadhaar based app using biometric to overcome the issues that other platforms are facing such as need of plastic cards.

Norwegian Government Planning to Promote Autonomous Vehicle Testing

The government of Norway is aiming to allow the testing of self-driving vehicles across the country by 2017

Maroon Group LLC to Buy Cadence Chemical Corporation

Leading US based specialty chemicals supplier acquires a major specialty chemicals distributor Cadence Chemical based in Stamford, Connecticut.

Panasonic India to Invest in the Local Manufacturing of Air Purifiers

Production of Air purifiers is being planned by Panasonic India as the company is investing in expanding up its base in the country.

Government to Complete Sagarmala Projects Worth USD76.38 billion by May 2019

The work on projects worth USD15.26 billion has already been started which will thrust the port infrastructure market in India

IAN to Increase its Investments Across IoT, Agriculture and Other Sectors in 2017

Indian Angel Network, one of the largest angel investor network of India is planning to rise its investments across IoT, agriculture, healthcare, etc. sectors during next year

Hankook Plans to Open Manufacturing Unit in United States

The renowned South Korean tire maker is planning to open plant in United States by 2018

BMW to Venture into Autonomous Vehicle Segment

BMW is establishing a new development center for autonomous vehicle testing

Sonatrach and Total Sign a Joint Venture Agreement for a Petrochemical Complex.

Total and Sonatrach signed an agreement to establish a joint venture that serves to construct a petrochemical complex.

Amazon Chooses Offline to Clear Inventory

Amazon India has requested brick-and-mortar retailers to sell its products

The Chinese company is Expected to Lead the Electric Vehicle Chargers Market Globally

The second major funding in October has led to quadrupling of value of Contemporary Amperex Technology Ltd (CATL), thereby creating the market for Global Electric Vehicle Infrastructure, globally

Oil Companies Have Tied Up with Mobile Wallets

Maximum mobile wallets have tied up with oil companies for cashless payment

BMW to Venture into Autonomous Vehicle Segment

BMW is establishing a new development center for autonomous vehicle testing

Cisco Signed Memorandum of Understanding(MoU) With Ministry of Electronics and Information Technology

Cisco to introduce threat intelligence sharing programme to address cyber security threats and incidents