Industry News

TATA Power Generation Capacity Increased by 9 per cent

India marching ahead in the Government of India’s Vision of “Power for all” by capacity addition and distribution, which would surge the demand for Power and Distribution Transformers Market in India

FSSAI Announces the Initiatives to Promote Safe Food Culture

Food Safety Standards Authority of India to promote food safety at homes & schools

DSM and NHU Form a Joint Venture Company to Produce PPS Compounds

DSM and NHU join hands to form a joint venture company which would be responsible for the production of polyphenylene sulphide (PPS) compounds

ONGC and GE joined together to support E&P activities for next 3 years

Increasing drilling and production activities will result in an increase in business of oilfield service market in India

Indra partnered with Mobeal to develop smart traffic management projects

Indra signs an agreement to develop smart urban traffic management in Algeria city

Showa Denko and JX Nippon to Buy LyondellBasell’s Stakes in SunAllomer

Showa Denko K.K. (SDK) and JX Nippon Oil & Energy Corp. (JX) agreed to purchase the shares of LyondellBasell Group in SunAllomer Ltd., which is a joint venture company amid the three parties

Preferred Freezer Services Ties-Up with Orca Bay Seafoods

Preferred Freezer Services ties up with Orca Bay seafoods to develop the state-of-the-art warehousing, distribution, and processing center in Federal Way, Washington

Michelin Introduces Two New Sizes of BFG KO2 Tire

Michelin expanded its portfolio with the launch of two new sizes of its all-terrain tires

MNCs Introduce Mobile Compatible Biometric Enrolment Systems

Airtel and Vodafone have introduced Aadhaar linked biometric systems to allow easy mobile subscription and strengthen the authentication levels

UNSW Australia Lending its Expertise to ONGC for Increasing Gas Yields from CBM

Increasing gas production from the coal seams and biogas plants would surge the demand for Natural Gas Compressors, globally

Daikin to Open New Customer Service Center in Vietnam

Daikin Industries, a Japanese air conditioner is planning to set up its new office in Vietnam

BASF Unveils Its First Construction Chemicals Plant in Sri Lanka

BASF, the largest manufacturer of chemicals, has set up its first production facility of construction chemicals in Sri Lanka

Bridgestone Plans Expansion of Canadian Tire Plant

Bridgestone looks for multi-phase expansion of its car and light truck tire plant in Canada

Australia’s Energy Company Woodside Planned to have Drilling Campaign in Myanmar in 2017

Drilling of exploratory and appraisal wells in Myanmar would propel the growth of global natural gas compressor market

Amazon to Handle Returns and Refunds under USD76 in India

Amazon India plans to handle returns and refunds under USD76 on behalf of sellers who use its logistics services under its ‘Easy Ship’ service

Westlake Chemical Plans to Complete the Acquisition of Axiall Corp.

Westlake chemical, the manufacturer of petrochemicals, polymers and building products is planning to end the acquisition of Axiall Corp. by the end of August 2016

Volvo and Uber Team Up to Develop Driverless Car

Volvo and Uber to use common base vehicles for their upcoming autonomous car strategies

Georgia University Health Care System Partnered with RightPatient for Biometric Patient ID System

Georgia University Health Care System implemented RightPatient’s biometric facility for patient Identification

National Thermal Power Corporation Plans to Become the Largest Renewable Energy Company by 2026

Plans of National Thermal Power Corporation (NTPC) to focus on Renewable energy sector would surge demand for solar power equipment in the country

Bharat Sanchar Nigam Limited and Microsoft India Sign a Memorandum of Understanding

The business pact between the two companies aims to provide complete suite of telecom and IT solutions for enterprise businesses