latest Market News

 A senior official said, the government plans to make local manufacturing of equipment a key element in tenders for large solar power projects, even as the country aims to add close to 500 Gigawatt of renewable energy capacity by 2030.   The secretary of MNRE, Anand Kumar said the ministry of new and renewable energy (MNRE) plans to design the bids in a way to bring manufacturing into the country while taking care of the interest of...

  • Posted on : Wednesday , 18th July 2018
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World’s leading supplier of safety technologies, efficiency, and connectivity of commercial vehicles WABCO Holdings Inc, announced its first major deal in India. WABCO has signed the deal with TATA motors for Power Steering System supply mostly for its heavy vehicle sector. The company recently acquired U.S.-based R.H. Sheppard in September 2017, a key supplier of steering technologies for commercial vehicles.  WABCO has engaged Tata...

  • Posted on : Monday , 16th July 2018
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DUBAI, April 2018 – The 8th edition of the bi-annual event of International Apparel and Textile Fair (IATF) had received an overwhelming response from the apparel and textile manufacturers in the country worldwide. The three-day event that took place from 24th to 26th April 2018 was inaugurated by H.E Butti Saeed Al Ghandi, Second Vice-Chairman of the Dubai World Trade Center on 24th April at 12:00 pm at Zabeel Hall 1, Dubai World Trade...

  • Posted on : Saturday , 14th July 2018
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India’s biggest drug manufacturer Sun Pharmaceutical Industries has received a major boost after supply restrictions on the company by U.S. regulatory bodies were lifted, finally relieving a major fall in their share price.   Sun can now continue shipping drugs manufactured by thir manufacturing facility in Halol in western India. The Halol factory alone has been a tremendous resource and has been known to produce 15 percent of its...

  • Posted on : Thursday , 12th July 2018
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 Indian Oil Corp chairman said OPEC needs to pay more attention to the oil prices and reduce them or it will find itself with less demand, adding that the negative effect on demand will become more evident in the longer run, with as much as 1 million bpd in Indian demand erased by a switch to natural gas and electric cars by 2025.   Most of the oil India consumes is imported, which makes it extremely sensitive to changes in...

  • Posted on : Thursday , 12th July 2018
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