Europe’s PVC Industry Vs. NGO Misinformation

PVCMed Alliance is urging European policymakers to not consider the misinformation spread regarding PVCs in a 2021 paper by an influential NGO as a source for designing policy.

The company has partnered with Vinyl Manufacturers from the European Council to increase awareness regarding t...

COVID RESTRICTIONS SLOW DOWN PETROCHEMICAL TRADE IN INDIA

HIGHLIGHTS

• Fresh restrictions imposed to prevent the spread of COVID-19 are slowing down the petrochemical trade in India.
• Indian rupee is becoming weak in the international market.

Petrochemical trades in India are slowing down due ...

SONY INDIA SOFTWARE TO AWARD SCHOLARSHIPS FOR FEMALE IISC STUDENTS

HIGHLIGHTS

• Sony India Software is going to award scholarships for female students at IISc.
• Scholarship is meant to encourage more women to pursue higher studies at IISc.
• Special attention is being given to engineering and technology so that...

CHETU TO OFFER IMPROVED SOFTWARE DEVELOPMENT TRAINING

HIGHLIGHTS

• Chetu is going to expand its skill development centre program.
• Chetu will offer improved software development training along with recruitment possibilities for tech graduates.
• Graduates in the software development field joining t...

MYTRAH ENERGY PLANNING A MERGER

HIGHLIGHTS

• Mytrah Energy India is exploring options regarding merger with other green energy firms.
• Mytrah Energy India is looking forward to SPAC listing.
• The plan of Mytrah Energy India is to look at combining Indian firms having a portfo...

PTT GROUP AND RENEW POWER DEAL CANCELLED

HIGHLIGHTS

• The deal between PTT Group and ReNew has been cancelled.
• Now PTT is considering to invest in renewable energy on many projects in the targeted countries including India.
• ReNew has acquired RMG Acquisition Corp.

...

SNEAK PEEK: BRIEFS ON BUSINESS HAPPENINGS IN THE US

Highlights:

•             Various corporate developments are always underway which affect businesses

•             Business decisions and innovatio...

EDEN RENEWABLES INDIA SECURES $ 165 MILLION FINANCE

HIGHLIGHTS

• EDEN Renewables India has secured $ 165 million finance for 450-MW solar project.
• EDEN Renewables India is a joint venture between EDF Renewables and Total Eren.
• EDEN Renewables has built and operated many solar photovoltaic proj...

RELIANCE ACQUIRES MAJORITY STAKE IN ONLINE PHARMA STORE NETMEDS FOR $83.08

Highlights

• According to Reliance, its investment represents 60 percent holding in Vitalic Health Pvt. Ltd and 100 percent in its subsidiaries, Health Private Limited, Netmeds Market Place Limited and Dadha Pharma Distribution Pvt. Ltd

• Recently e-commerce giant Am...

CLEANWRAP: UBIQUITOUS HIT IN KITCHEN CABINETS ACROSS SOUTH KOREA

• A plastic wrap though being part and parcel of everyday life, it is highly uncommon for a plastic wrap company to get the adulation and nationwide attention that it is receiving now.
• Clearing the air, this nationwide attention is due to the general election that took place on A...

SOLAR STEEL BOOSTS JAPAN'S POWER SUPPLY BY 94MW

HIGHLIGHTS

• Solar Steel is going to develop three new solar projects in Japan.
• The three new projects can produce 94 MW of electricity, powering 47,600 homes.

Owned by Gonvarri Industries, Solar Steel is set to develop three new solar...

ITC READY TO ACQUIRE SUNRISE FOODS

ITC Limited, previously known as Indian Tobacco Company Limited has announced that it is ready to acquire Sunrise Foods Pvt. Ltd (SFPL) a Kolkata-based spice maker in order to emerge as a prominent member in India’s fast-moving consumer goods (FMCG) market.
According to the statement...

PANASONIC EXITS FROM TESLA PARTNERSHIP

Highlights:

• The electronics MNC has announced its decision to pull out of the PV manufacturing deal with Tesla
• Final phase out from the Buffalo factory will be completed in September

The Japanese electronics manufacturing giant annou...

VINNOLIT’S LATEST PROJECT- A LARGE SCALE PASTE PVC PLANT IN GERMANY

Highlights:

• Vinnolit GmbH & Co. has successfully commissioned its latest project- a plant expansion for the production of paste PVC.
• The site at Burghausen, Germany will be used for its leading micro-suspension technology.

 ...

MAYANK PAREEK LIKELY TO END ITS STINT

Highlights:

• Mayank Pareek is likely to end his five-year stint on 31st March 2020.
• Shailesh Chandra is likely to overtake the responsibility of Mr. Pareek in PVBU.
• Tata Motor's market share is dipping at an all-time low despite several ...

Success of Hector makes MG Motors to consider looking at options for a 2nd plant

As per an executive of the company, MG Motor India Pvt. Ltd after their great success of their first model is planning to set up a 2nd manufacturing plant in India to meet its demand for the vehicles.

The President and the managing director of the company, Rajeev Chaba says that an offi...

Manufacturer addresses insufficient protection spread

Kochi: A manufacturer, whose undertaking is contiguous one of the apartment buildings planned to be crushed at Maradu, has moved toward the high court, asserting that the protection benefited by the state government for potential harms is deficient. While the strategy profited by the administrati...

Q3FY20 does not hold any good expectations for FMCG firms

To Indian fast-moving consumer goods (FMCG) firms, the September quarter did not offer much respite, although some companies managed to do better than others.

Another quarter down the lane (Q3FY20), investors would do well to keep expectations low as demand recovery hopes have not been ...

SAGIA confirms new JV in renewable energy sector

The General Investment Authority (SAGIA) has recently signed a new joint venture agreement in the renewable energy sector.

The deal was hosted at the Riyadh headquarters where the signatories of the French-based Optimum Tracker and Al-Rushaid Group signed the new partnership in the pres...

Life safety net providers could cut some premium on valuations as stocks at the tipping point

The 41-62% increases the three huge recorded lives back up plans rounded up so far this year sprung from the advantageous business edges the organizations revealed. Development, as well, has been vigorous as private segment back up plans kept on mauling piece of the overall industry from open are...