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Market Updates

New Year Ahead - What to Expect from Olefins
January, 2019

The new year has come and we all are assessing what to expect from markets around the world. There has been too much price movement in the olefins, because of heavy movement in crude oil prices in 2018, and the market was little uncertain. Although some concerns from last year have stabilized, there has been emergence of new uncertainties making it difficult to assess the market trend. Here we have assessed some of the macro parameters to estimate the olefins market trends in coming year.The US Market

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Faster and Reliable Test to Diagnose TB, Developed by Research Team led by Researchers from AIIMS
January, 2019

The multi-institutional team led by Prof. Jaya Sivaswami Tyagi from the Department of Biotechnology at AIIMS has developed a new diagnostic test for TB meningitis (the most severe form of TB) with nearly 100% of sensitivity and about 91% specificity. 87 cerebrospinal fluid samples obtained from pediatric subjects (39 TB meningitis patients and 48 controls) were analyzed to evaluate the efficiency of the diagnostic test. The study results were published lately in the journal Tuberculosis. Now the same technique has been adopted to diagnose pulmo [...]

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Digital Health – Transformation of Healthcare
January, 2019

Digital Health is the merging of digital and genomic revolution with healthcare, society, and living to enhance the medical treatment with precise diagnosis for preventive and personalized treatment. It involves the use of communication and information technologies to track individual’s well-being and provide necessary indicators to monitor various medical conditions such as heart rate, blood pressure etc. Over the years there has been significant shift and rise in popularity of digital health – where companies are focusing more tow [...]

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Blockchain in Energy Management
December, 2018

Blockchain is a prominent form of sharing data, information and confirming business transactions happening across energy stakeholders. It's a distributed innovation technology that is shared among energy stakeholders on a chain of digital “blocks” along with a decentralized system. However, an energy management system is a framework utilized by resource administrators and managers of electric utility grids to better monitor, control and optimize energy performance. This energy management system is primarily used to reduce energy cos [...]

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Retail Robotics : In-Store Customer Services
December, 2018

Retailers are planning and testing robots in stores to enable shoppers to find merchandise they are looking for. For instance, home enhancement retailer Lowe's presented the LoweBot in 2016 at its stores in San Francisco and plans to extend the preliminaries in 2017 to stores in San Jose. LoweBot robots have been developed by Fellow Robots in collaboration with Lowe's. Retail robotics software is designed to automate and enhance sales operations processes by identifying and conversing with internet leads, and customers. It is expected that arti [...]

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IoT applications in logistics
December, 2018

The adoption of IoT for logistics has enhanced better supply chain management that helps several industries including manufacturing, retail, distribution, shipping, among others. Organizations are focused on delivery of products whilst maintaining the quality and reducing damages during shipping. Earlier ultra-wide-band (UWB) and infra-red technologies were used which added to significant infrastructure cost. With the usage of IoT it helps to monitor the conditions of storage for sensitive goods. The intelligent sensors with the help of connect [...]

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Bandwidth War of Telecom Operators in India
December, 2018

The data speed war has multiplied with tough competition from telecom operators. India is experiencing a phenomenal growth in data usage. In 2016, the best bandwidth for 4G internet i.e, 700 MHz was priced at a premium price. Telecom operators are competing over data services rather than voice calls. The telecom industry already witnessed few exit of telecom operators such as Videocon and Reliance Communications. Key componentsM& [...]

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ChemChina & Sinochem - Next Probables for Giant Merger
December, 2018

Since last few years, the market leaders in chemical industries have been merging or acquiring in mega-deals which are changing the industry dynamics. In the midst of mega deals in the US-based companies, the Chinese companies are moving towards giant merger. It has been rumored since last two years, that ChemChina and Sinochem are expected to merge to create a new company with financial assets worth more than $100 billion.Ning Gaoning, who is also known as Frank Ning in the western world, chairman of Sinochem group was name [...]

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ProChem & Greenwell Announce the Merger
December, 2018

Prochem Energy services which is based in United States has acquired Greenwell Energy Solutions’ specialty production chemical division. The merged division will operate under the name ProChem Energy Services. The merged business is anticipated to expand its geographical presence, its product portfolio, and also merge the customer base of both the firms. Owing to the in-house chemical manufacturing, laboratory and blending services the business will offer customized solutions for clients.As per the CEO and Founder of P [...]

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Crowd Analytics - To Save the Retail Stores
December, 2018

OverviewWorldwide retail stores are facing tough competition from e-commerce companies, as it is extremely challenging to evade their low pricing and customer-friendly options such as customized products and better customer engagement options offered through various digital platforms.How can retail stores surviveE-commerce companies lack the real touch and feel offered in retail stores. For the segments like perfumes, apparels, [...]

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