Sterlite Technologies Limited is planning for a huge investment in India as part of the Digital India program, which has got a boost from the current central government in India. Sterlite has announced plans worth 3.13 to 3.9 billion US dollar investments.

Virginia based fiber optic sensing and measurement products manufacturer Luna Innovations Incorporated will merge with Opto-electronic device manufacturer Advanced Photonix Inc (API). The merger will make the combined company stronger to cater to the needs of fiber optic product customers both in the United States and abroad. In an annual meeting, Luna’s stockholders approved the issuance of 0.31782 shares of…

Poland’s telecom service provider Netia had agreed to takeover its competitor TK Telekom. Netia agrees to an estimated value of around 61 million dollars. After finding the funds necessary for acquisition, Netia, the second largest telecom operator in Poland will finalize the deals with Polish State Railways, who owns TK Telekom. Netia is Poland based telecommunication service company which owns…

In an official release the global leader of Aramid yarns, DuPont announced that it has reached to an agreement to settle and resolve all outstanding trade secret litigation against South Korea based Kolon. Six years ago, DuPont had filed a civil lawsuit against Kolon for misappropriation of trade secrets and confidential information regarding DuPont™ Kevlar® technology. The financial terms of…