Industry News

Myntra Acquires Jabong

Flipkart’s subsidiary Myntra acquired Jabong for USD70 million

PolyOne Acquires Composites and Polystrand Businesses from Gordon Holdings

PolyOne adds high performance solution and reinforced thermoplastic composites business to its existing thermoset composite solutions portfolio

Shanghai Huayi Group Co., to set up a Tire Plant in Thailand

Chinese group to establish tire plant in Thailand in a joint venture

The United Kingdom Oil & Gas Authority (OGA) Launched 29th Offshore Licensing round with ‘Innovate License’ Concept

Increased oil & gas activities in the UK continental shelf would propel the growth of global natural gas compressor market

Mackeeper Entered into Partnership with Cujo to Protect Smart Homes from Threat

Kromtech Alliance Corp., the parent company of Mackeeper and Cujo, entered into a partnership to provide the Cujo devices among the customers.

Auction of Offshore Oil & Gas Reserve in the US Would Promulgate the Upstream Activity in Oil & Gas Sector

Increasing focus on oil & gas production would drive the market for oil & gas accumulator in the US

TDIC to Grant USD100 Million Contract for Saadiyat Project

TDIC declares that it will award the main construction contract for Jawaher Saadiyat to Al Jaber Building

Maruti Suzuki to Launch its Light Commercial Vehicle

India's largest passenger vehicle manufacturer Maruti Suzuki Super Carry LCV India launch confirmed

Vantage Specialty Chemicals Inc. Acquires Mallet and Co. Inc.

Vantage Specialty Chemicals expanding its food ingredient business by acquiring Mallet and Co.

Hinduja National Power announced commissioning of 1.04 GW power plant in Vishakhapatnam

The commissioning of project would give a major boost to the India Power and Distribution Transformer market

SABIC and ExxonMobil Enters into Joint Venture for Petrochemical Project on US Gulf Coast

SABIC and ExxonMobil enter into a joint venture to develop a petrochemical complex on the US Gulf Coast

Sumitomo Rubber Industries plans on adding truck tires at Brazilian Plant

Japan Tire maker Sumitomo to add truck tire in their Brazil plant.

Kapsch Trafficom Awarded Contract by Port Authority of New York and New Jersey to Provide New Toll System

Kapsch Trafficom was awarded contract by Port Authority of New York and New Jersey to provide new toll system

Unilever plans to launch baby care products under Dove brand

Hindustan Unilever (HUL) plans to launch a range of baby care products under its dove brand to challenge the market giant Johnson & Johnson in the USD615.38 million market

Lufthansa Group, Honeywell Aerospace and Airbus team up for Runway Safety Solutions

The big three companies of Air Traffic Management have signed a Memorandum of Understanding (MOU) in order to provide a new safety system

Ministry of New and Renewable Energy (MNRE) to launch National Lab Policy for renewable energy

National Lab Policy is expected to improve the quality and reliability of installed PV systems that would further improve the domestic manufacturing, thereby surging the demand for Solar Power Equipment in India

Mother Dairy to expect a revenue increase by FY18

Mother Dairy to enter into newer regions in order to increase its revenues which is expected to be around USD1,493 million by FY18

Vietnam Textile and Garment Firms Recommend Wage Freeze

In Vietnam, textile and garment manufacturing companies are facing stiff challenge in meeting their export target for 2016.

Goodyear to inflate passenger car tire production capacity in China

A calculated decision to meet the increasing demand of passenger car tire by expanding its passenger car production capacity

NEXT Biometrics Partnered with Innolux to Manufacture Flexible Fingerprint Sensors

NEXT Biometrics partnered with Innolux for mass-production of flexible fingerprint sensors.