Industry News

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

Egypt government is planning to liberalize downstream gas by the end of 2017

The liberalization of gas for downstream by the Egyptian government would create the demand for LNG market across the nation

Tata CLiQ Launches Tata CLiQ Luxury E-commerce Platform

Tata CLiQ, a Tata Group's e-commerce platform has launched a luxury and premium fashion and lifestyle destination

ES FiberVisions Inaugurates Fiber Plant in Rayong, Thailand

FiberVisions LLC and JNC Corporation joint venture inaugurates a new fiber production plant in Rayong, Thailand

Magna Tyres Acquired Largest Tire Retreader in Dutch

Magna Tyres Group has acquired Netherlands based OBO Tyres

AkzoNobel Set to Boost Performance Coatings Business with Acquisition from BASF

AkzoNobel is advancing growth in top-line performance coatings with acquisition of BASF’s global industrial coatings business

BPL Launches Smart Television

BPL announces its foray into smart television business

Linde and Praxair Agree USD65 billion Merger Outline, to Drive Ambitious Cost Savings

Industrial-gas giants Praxair Inc. and Linde AG finished a two-year courtship to merge their business to create the industry’s biggest player by market value.

FreeCharge Unveils Insurance Policy in Partnership with Reliance General Insurance Company

FreeCharge introduces an insurance policy for its users