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Digitization
Digitization | 08 December 2020

Koppal district opts for digital water management solutions

ABB's end to end solutions implemented by L&T Construction Water & Effluent Treatment IC for the Government of Karnataka helps local water authorities to track, measure and optimize water use in drought-stricken regions of South West India, as well as pump and distribute clean treated river water to village homes

Technology
Technology | 07 December 2020

DSM, SABIC, Cepsa, Fibrant & Viscofan co-develop meat packaging material

The development of this packaging material underlines a strong commitment to enabling a circular economy by working together with partners throughout the value chain, and addresses the increasing consumer, societal and regulatory demand for more sustainable multi-layer barrier casing solutions

Chemical
Chemical | 07 December 2020

BASF and BillerudKorsnas to develop paper laminate for flexible packaging

The multi-layer film consists of three basic components: BillerudKorsnäs‘ paper ConFlex Silk, a sealing layer made of BASF’s certified home compostable and partly bio-based biopolymer ecovio and BASF’s water-based adhesive Epotal

Gas
Gas | 07 December 2020

Competition to hit margins, volumes and lead to derating for Gas sector – CGD : ICICI Securities

The Board is now likely to allow competition in these CGD areas one by one. Incumbents may take the matter to Delhi High Court (HC), which may at best delay the advent of competition

Chemical
Chemical | 07 December 2020

IMCD acquires two Mexico-based speciality distributors

Company has acquired speciality distribution companies in Mexico, Millikan S.A. de C.V. (Millikan) and Banner Química S.A. de C.V. (Banner Química)

General
General | 07 December 2020

India working on 30 vaccines for Covid-19, says Harsh Vardhan

As per the minister, about 30 vaccines are in different stages of development and two of them are in the most advanced stage of development - COVAXIN developed through ICMR-Bharat Biotech and COVISHIELD from the Serum Institute of India

Digitization
Digitization | 07 December 2020

Vodafone Idea launches agritech pilot project

The pilot project is being implemented in 100 locations in the states of Madhya Pradesh and Maharashtra and will benefit over 50,000 farmers in the region by enhancing their productivity and income

Chemical
Chemical | 07 December 2020

Schutzen launches surface disinfectants range

Company has launched ethanol IP surface disinfectant spray which kills almost 99.99% germs and leaves behind a pleasant and fresh smell

Start-up
Start-up | 07 December 2020

Startups can secure upto $250 mn funding at TiE Global Summit

The summit will focus on issues faced and challenged by entrepreneurs, provide a platform for funding, insights into strategies to grow and scale business with focus on new start-up ideas, investments in start-ups, pitching tactics to help start-ups attract b2b and b2c businesses and scaling strategies to grow their business by 10x

People
People | 07 December 2020

GSFC appoints new Managing Director

State run PSU has appointed Mukesh Puri, Additional Chief Secretary, Government of Gujarat for holding the additional charge of the post of Managing Director

General
General | 07 December 2020

HOEC increases 10% stake in Mumbai High oil field

The company has made necessary application to the Directorate General of Hydrocarbons in this regard and the said assignment and assumption is subject to approval of the Government of India

Chemical
Chemical | 07 December 2020

AkzoNobel starts €300 million share buyback

It is intended that the shares will be cancelled following repurchase and completion is due in the first half of 2021

General
General | 06 December 2020

Pradhan gives “Innovate for India” mantra

Speaking at the curtain raiser of the 6th India International Science Festival 2020, being organized by the Ministries of Science & Technology, Earth Sciences, Health & Family Welfare, Government of India Pradhan called upon the scientists to create products and services which can compete with the best in the world

Chemical
Chemical | 06 December 2020

Vidhi Specialty gets clearance from pollution board or setting up new plant in Gujarat

The company intends to manufacture 300 metric tonnes per month of Synthetic Water Soluble Food Colours and 60 metric tonnes of Synthetic Food grade lakes

Digitization
Digitization | 06 December 2020

VECV new truck plant at Bhopal focuses on Industry 4.0

With VECV’s vision to modernize commercial transportation, this plant has been set up based on world class manufacturing technology with connected machines following IoT methodology and Industry 4.0 standards. In the first phase, the plant will have the capacity for manufacturing 40,000 trucks

Chemical
Chemical | 06 December 2020

Indian court directs DoF to return bank guarantee to Deepak Fertilizers' subsidiary

As per Delhi High Court order, Department of Fertilisers has been directed to return the bank guarantee a sum of Rs. 310.52 crores to Smartchem within a period of four weeks

General
General | 06 December 2020

Oil India abandons Baghjan gas well

The company has completed all the jobs pertaining to capping, killing and final abandonment of the well by successfully completing all the processes in the evening hours on 3rd December 2020

General
General | 05 December 2020

Yokogawa to market asset performance management platform for a US-based firm

As per the tie-up, Yokogawa will market Power Factors’ industry-leading Drive software platform of asset performance management (APM) solutions for renewable power facilities

General
General | 05 December 2020

Govt. sets roadmap for reducing crude oil imports by 10% says Pradhan

The minister said that in the Oil & Gas sector, we see open spaces for startups in both within the existing domain of Oil & Gas as well as upcoming areas like fuel cells, solar energy, hydrogen, alternative sources of energy, electric vehicles etc

Gas
Gas | 05 December 2020

Indian Gas Exchange secures authorization from PNGRB

The GER 2020 Regulations were notified by PNGRB on September 28, 2020 and IGX had submitted its application for authorization on October 08, 2020 in accordance with the prescription under the GER 2020 regulations of PNGRB

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