A Mercedes-Benz logo is seen on S500 car at the company’s vehicle assembly plant in Chakan, outside Pune, India, June 11, 2015. . REUTERS/Danish Siddiqui/File PhotoRegister now for FREE unlimited access to Reuters.comStart-up frenzy, stock market boom create new millionairesAverage age of Mercedes car buyer less than 40 yearsSale of its top-end luxury models grew…Continue Reading
New Delhi can play an important role in shaping a new, more democratic, world order New Delhi can play an important role in shaping a new, more democratic, world order Western nations want to throw Russia out of the G-20. China has opposed them. India will be chair of the G-20 from December 1, 2022.…Continue Reading
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The debris created by India’s anti-satellite test in March 2019 seems to have all decayed or disintegrated, and India’s contribution to space debris has fallen to the lowest levels in the last four years, latest data shows. There are thousands of big and small unwanted objects floating in the space — out-of-operation satellites and its…Continue Reading
Divya Deshmukh — National senior women’s chess champion at just 16 and multiple-time world champion in age-group events — wants to claim the sport’s top prizes over the course of her career. With the right financial support, she could have a shot at taking her game to the next level Divya Deshmukh — National senior…Continue Reading
HDFC Bank, India’s largest private lender, is buying its largest shareholder in a $40 billion deal, the country’s largest ever, to create a financial services behemoth that can better meet surging credit demand. HDFC Bank’s collaboration with housing finance giant HDFC Ltd, which controls around 21% of the lender, will boost the bank’s 68 million…Continue Reading
Kolkata: Claiming India’s economic conditions to be worse than that of Sri Lanka’s, West Bengal chief minister Mamata Banerjee on Monday suggested the Centre convene an all party meet to tackle an “economic crisis” over the unabated fuel price hike across the country. The Trinamul Congress supremo also warned the BJP claiming that she knows…Continue Reading
MUMBAI: In the biggest merger in Indian corporate history, the boards of HDFC and HDFC Bank on Monday cleared a $40 billion amalgamation of the parent housing finance company with its banking arm. HDFC chairman Deepak Parekh said shareholders of HDFC will get 42 shares of HDFC Bank for every 25 shares held. HDFC’s 26%…Continue Reading
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India’s exports touched a record high of $418 billion in 2021-22, Union Commerce Minister Piyush Goyal said on Sunday. “In March, India’s exports touched around $40 billion which is itself a record as we have never bagged such a huge amount from exports in a month ever before,” he added. Also read | Covid vaccine Covaxin…Continue Reading
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