Brenntag has signed a joint venture agreement with Raj Petro Specialties to acquire it. Brenntage will acquire a 65 per cent stake in Raj Petro Specialities as the first step, beginning April 2018. The remaining 35 per cent stake will be acquired by Brenntag over the next five years. The acquisition of Raj Petro Specialities is expected to help Brenntag[Read More…]
UK-based logistics company DAFZO has turned to Blockchain technology for charting a strong growth strategy. The company has turned to the Blockchain-based P2P logistics platform and is eyeing significant cost savings in the supply chain. If this will induce a disruptive change, the logistics company is looking to leverage smart contracts and artificial intelligence to reduce turn around time and[Read More…]
The farm equipment division of Cotton Greaves has launched a locally manufactured power tiller. Known to supply engines to most manufacturers of small commercial vehicles in India, the company is not just manufacturing the power tiller locally, it also designed and developed it in India. Investing in the R&D and manufacturing facilities in India, Greaves Cotton has armed the power[Read More…]
The Crane Owner Association of India (COAOI) and Infrastructure Equipment Skill Council (IESC) signed a Memorandum of Understanding (MoU) to empower skill development at Excon 2017. As per the MoU, COAOI will provide people for training purposes to companies that are a part of IESC. Post the training, each of them will be offered certification, duly approved by the Government[Read More…]
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