Industry News

RIL to Adopt Omni-Channel Strategy for Online Fashion Store AJIO

Reliance Industries has opened AJIO ‘shops-in-shops’ to target shoppers with high-margin, curated fashion as a part of its omni-channel strategy in more than 100 Reliance Trends stores.

LyondellBasell to Build High-Density Polyethylene (HDPE) Plant on US Gulf Coast

LyondellBasell decides to construct 500,000 metric tons per year HDPE plant in US Gulf Coast, USA

Toyo Introduces Two New Tires in Open Country Line

Toyo Tire USA Corporation has expanded its Open Country family of tires.

Barclays to Roll out Voice Biometrics to Identify Customers

Barclays bank is poised to begin identifying their customers through voice recognition instead of passwords.

NetApp Signs MoU (Memorandum of Understanding) for Varanasi’s Smart City Initiatives

The company has signed MoU with Varanasi and Karnal Municipal Corporation to help them in Smart City initiatives

Bharat Heavy Engineering Ltd (BHEL) bagged an Order for Setting up 80MW Photovoltaic Power Plant

Increasing number of upcoming power projects have resulted in a rise in deployment of power and distribution transformers in India

Backed by Herbal Toothpaste Vedshakti, Colgate Poised to Compete with Patanjali’s Dant Kanti

Colgate to launch India-Focused Brand Cibaca Vedshakti toothpaste in this quarter to compete with Patanjali’s Dant Kanti

Celanese Discontinues Production of Monomethylamine at Cangrejera

Celanese, the manufacturer of chemical solutions and specialty materials, has discontinued the production of Monomethylamine(MMA) at Cangrejera facility in Mexico

Honda Two-wheelers to Double Pre-Owned Outlets to 200 by 2018

Honda Motorcycle & Scooter India has opened 100th Best Deal outlet in India

Key Petroleum is planning to Take 40% Stake in North Perth Basin in Australia from Pilot Energy Ltd.

Initiatives taken by oil & gas companies will help to increase the pace of oil and gas drilling and production activities in Australia

Amazon to Push Sales of Household and Grocery Essentials

Amazon has started a pilot project called Amazon pantry in order to push the sale of households and grocery items

Atlas Copco Completes the Acquisition of Vacuum Pumps Business Unit of Oerlikon

Atlas Copco received all the regulatory approvals to complete the buyout of vacuum pumps business unit of Oerlikon

Daimler to Set up Second Plant in Hungary for Mercedes-Benz

German carmaker Daimler to build Mercedes-Benz plant in Hungary for the second time

Moose Toys Introduced Low Cost 3D Printer for Kids

Moose Toys, an Australia based toy company released low cost 3D printer

Kesoram Industries to Invest in Tire Business to Strengthen its Position in India

Kesoram industries will invest up to USD89.5 million as its capital expenditure plan in 2016-17

The Two Major IoT Standards - OCF and the Thread Group to Officially Partner Up

Both the companies intend to zero down to a common level for the software application and services.

LJOW Launches New Age Luxury Metal 'Lumineux Uno'

The international jewelry association 'Leading Jewelers of the World (LJOW), has launched a new age precious metal in India called “Lumineux Uno”.

Akzo Nobel Acquires 100% Stake in Egypt's Akzo Nobel Powder Coatings

Akzo Nobel increases its stake from 60% to 100% in Egypt based Akzo Nobel Powder Coatings SAE

South Africans to Begin Biometric Authentication of Card Payment

South Africa to be the first country to authenticate payment process through biometric

Bharat Heavy Electricals Ltd.’s Engineering & Central Services Division Commissioned a New Cryogenic Air Separation Plant in Bhopal.

BHEL moves to captive supply of industrial gases including oxygen and nitrogen which would surge the demand for air separation units in India