Industry News

Nutanix Announced Acquisition of Pernix Data and Calm.io

Nutanix’s partnership with two data analytics companies intended to enhance its Enterprise Cloud Platform

Declining LNG Price Pushed Indian Oil Corporation to Procure More LNG

Decline in spot LNG price helping the Indian Oil Corporation to buy LNG in bulk, thereby creating the huge demand for LNG in India

APL Logistics Expands Its Oman Presence by Forming Joint Venture

APL Logistics has set up a joint venture company APL Logistics Oman, with Arab Global Logistics

Prime Polymer Co. Ltd Starts New Production Plant for Metallocene Polymer

Prime Polymer Co. Ltd starts up Metallocene polymer plant for the production of Evolue™ in Singapore

Ducati Launches Multistrada Enduro in India

Italian Premium motorcycle maker Ducati’s new crossover motorcycle launched in India

Sound Energy Spuds Appraisal Well in Onshore Morocco

Drilling of appraisal well in Morocco would propel the growth of global natural gas compressor market

Sadara Chemicals Company Inaugurates Mixed Feed Cracker Unit

Sadara chemicals company starts up Saudi Arabia’s first mixed cracker unit for the production of basic petrochemicals.

Paytm Parent to Raise Around USD350 Million to Double Company’s Valuation at USD5 Billion

Paytm to raise around USD300-350 million from investors including MediaTek Inc., GoldmanSachs Group Inc., and Temasek Holdings Pte

Net1 UEPS Technologies, Inc. Announced to Invest USD40 Million in MobiKwik

MobiKwik gets USD40 million funding from a South African company, Net1 UEPS Technologies, Inc.

Substation with Capacity 25 MVA Extra High Voltage (EHV) Completed in Midland, Texas

Development of power infrastructure globally spurred by increase in demand of electricity would lead to increased deployment of transformers

7Up Becomes First Fizzy Drink in India to use the Stevia Sweetener

PepsiCo to use stevia sweeteners in its 7Up in India

Huntsman Announces Increase in Global Titanium Dioxide Prices

Huntsman, the global manufacturer of chemicals, has announced the price increases for all its titanium dioxide pigments globally

Bridgestone Introduces Firestone Tire Brand in Indian Market

Japanese tire major Bridgestone launched the new Firestone brand for cars

Michelin Begins Construction of New Tire Plant in Mexico

Leading global tire manufacturer Michelin to build a new manufacturing facility

Taiwan Based Clevo first to introduce Biometric in Notebooks’ Touchpad

Clevo partnered with Synaptics to introduce biometric Touchpad in Notebooks

China focusses on promoting electric vehicle manufacturing industry in the country

The plans of China to promote the electric vehicle manufacturing industry would boost the electric vehicle infrastructure market.

Patanjali to restructure its supply chain in order to increase its sales

Patanjali has planned to tie-up with a number of carrying & forwarding agencies to set up depots across India

Orica and Yara Launches Ammonium Nitrate Plant in Western Australia

Orica and Yara together have officially opened world’s first technical ammonium nitrate production plant in Pilbara, Western Australia

nuTonomy Debuts World’s First Self-Driving Taxi in Singapore

Singapore based autonomous software company, nuTonomy to operate self-driving cars

Reliance Communications Introduced Cloud X WAN to expand its Enterprise Product Portfolio

Reliance Communications, revealed Cloud X WAN, a software based WAN product