Industry News

Intel Acquired Nervana Systems, a California-based Artificial Intelligence Start-Up Company

Nervana Systems, a AI start-up run by an Indian entrepreneur got acquired by the technology giant Intel

Global Electric Vehicle Infrastructure Market Poised to Expand by 2021

With development of electric vehicle manufacturing plant, the market for electric vehicle infrastructure is set to grow

10000 Women in Wellness Industry to be empowered by Betty Holistics and Skincare

Based in Panchkula, the company is in talks with National Skill Development Corporation to start courses in wellness.

Toray Plastics Plans to Expand Polyolefin Foams Facility at Warren County

Toray Plastics (America), Inc. plans to expand its Front Royal facility in Warren County, Virginia with an investment of USD45 Million.

Toyota Launched New Generation Innova Crysta in India

Toyota launches its premium selling MPV in new petrol variants

UAE Retailers Manoeuvring Iris ID Tech for Biometric Attendance Tracking

UAE retailers, a step ahead, using Iris ID Tech for biometric attendance tracking

Qualcomm Signed Patent License Deal with Vivo for China

Qualcomm, Inc. signed strategic patent license deal with a smartphone company Vivo for China

The Global Electric Vehicle Infrastructure Market Poised to Expand by 2021

With increasing focus on penetration of electric vehicles in transportation mix, the demand for electric vehicle infrastructure will grow.

Australian Coffee Brand, Di Bella to Invest USD10 Million to Expand into Indian Market

Di Bella, an Australian coffee chain is planning to invest USD10 million next year on expansion strategy.

Deepak Fertilizers Plans to Construct Nitric Acid Plant in Dahej, Gujarat

Deepak Fertilizers and Petrochemicals Corporation Limited plans to set up Nitric acid manufacturing plant in Dahej, with an investment of USD82.5 million

New Pair of Workhorse Truck Tires Launched By Goodyear

Leading US tire maker Goodyear expands its commercial tire portfolio in the USA

Sumitomo Rubber Industries Ltd. Plans to Increase its Production Capacity in United States

Sumitomo Industries Ltd. to boost its production capacity for passenger cars and light trucks to cater the United States tire market

French lighting company banking on Indian Maharajas for their business in India

French lighting company, Mathieu Lustrierie, seller of designer lighting products like chandeliers and others is eyeing upon the Indian maharajas for strong holding their Indian Market.

Evonik Industries Expands Sodium Methylate Plant in Alabama

Evonik increases the capacity of its sodium methylate plant to meet the growing demand for biodiesel.

Apple Acquired Artificial Intelligence Startup Turi

Apple, Inc. acquired Turi, an artificial intelligence start-up for USD200 Million

The Global Electric Vehicle infrastructure market is set to expand by the end of 2021

With increasing demand of green energy in the US, Tesla Motors and SolarCity have got into an agreement to latch on the opportunity in the region

Goods and Services Tax: Impact on IT & Telecom Sector

GST officially known as The Constitution (One Hundred and twenty second Amendment) Bill,2014 is an abbreviated form for Goods and Services tax

Odisha Signed MOU with Azure Power for India's 1st Grid Connected Rooftop Solar Project

On account of installation of new rooftop solar panels, there would be increased production of renewable source of energy and growth of solar rooftop market in the country.

GST Impact across FMCG & E-Commerce Sectors

With an engine of tax rate lower than the current tax rate, GST will have various impacts on the FMCG & E-Commerce sectors

GST - A Boon for the Indian Cement Industry

Restructuring indirect taxes to lower the taxes imposed upon the cement sector by around 7-14%