Industry News

General Electric Plans to Divest Water Treatment Business Unit by 2017

General Electric plans to divest its water treatment business by 2017 for expansion of oil services business of the company

Organic Farming Land in US Reaches Record 4.1 Million Acres

Organic farming land in United States has reached to 4.1 million acres in 2016 with an 11 percent increase as compared to 2014.

India and other 19 countries signed International Solar Alliance Framework Agreement

Increasing focus to achieve government's ambitious target of adding one lakh MW of solar power by 2022 would positively influence the Solar Rooftop Market in India

Reliance Jio to Launch 4G Feature Phones with Voice Over LTE

Reliance Jio in fray to introduce featured phones with unlimited voice & video calling

Samsung Acquires Harman International in an USD8bn Deal

The renowned car security manufacturer is acquired by Samsung Electronics

Snapdeal to invest USD100 million to Boost its Fashion Business

Surging competition forces e-commerce major to influx USD100 million to uplift its fashion business segment

Lightsource Renewable Energy to invest USD992.97 million in India

Lightsource recently won a 50 MW solar project in Maharashtra under the Centre's ambitious solar programme, thereby creating the demand for solar power equipment market in India.

Internet of Things (IOT) Incubator Introduced in Tel Aviv University

Microsoft, Tata Group & Qualcomm partnered to establish IOT incubator in Tel Aviv University.

ExxonMobil Corporation to Initiate a 650MTPA Polyethylene Project at Texas

The company announced to increase the polyethylene capacity of its Beaumont, Texas plant by adding a new production unit.

Bridgestone Planning to Realign its Firestone Brand

The renowned tire manufacturer is planning to refresh its Firestone tire brand by 2017, with addition of four new tires

PPG Undertakes Complete Ownership of PPG Univer S.p.A

PPG has purchased the remaining 50% ownership interest in PPG Univer S.p.A from its joint-venture partner, Univer Italiana S.r.l.

Prabhat Dairy to Invest in Cheese

Prabhat Dairy Limited, a leading player in the Indian Dairy market is setting up one of the largest production plants in the country.

India and Japan Have Agreed to Link Nuclear Testing with Termination Clause

Under the recent civilian nuclear pact with Japan, India has agreed to link nuclear testing with termination of the deal, thereby driving the demand for power generation in the country

Eon Reality to Bring in First Augmented Reality Institute in Varanasi

Varanasi in India to have first augmented reality institute in collaboration with Eon reality.

GT Radial Expands Tire Portfolio in European Region

GT Radial launched FE1 City tire for A-C segment urban cars in European Region

MOL Group Plans to Expand Petrochemical Business

The Hungarian oil & gas company announces plans to invest USD1.9 billion in the development of petrochemical business over the next five years

Jewelry Sales take a hit, as Demonetization Gets a Hold of the Currency

City wholesale and retail market for bullion, witnessed a lacklustre of trade as sale of jewelry of INR 500 and INR. 1,000 notes.

Ophir Energy and OneLNGSM to Invest USD2 Million for the Fortuna FLNG Project

Growing exploration & production activities in the UK is expected to drive the LNG market globally

Google Launched Daydream View Virtual Reality Headset

Google introduced first step towards high-quality mobile VR mainstream

Apollo Tyres Planning to Open New Manufacturing Facility in India

Apollo Tyres to set-up new manufacturing facility for pick-ups and two-wheeler tire production