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Volvo S90 Ambience Concept: A three-seat saloon that connects to three senses including smell!
Posted on 23rd April 2018
Volvo Cars has revealed its S90 Ambience Concept which comes with an industry-first sensory experience that synchronises visuals, sound and scent. The S90 Ambience Concept, making its public debut at the Beijing Auto Show in China, is based on Volvo’s top-of-the-line S90 Excellence three-seater executive saloon and focuses on chauffeured passengers in the rear seat.

Xi Jinping, Narendra Modi to discuss US’ ‘protectionist’ trade policy, ‘unprecedented’ developments
Posted on 23rd April 2018
China on Monday said the “protectionist” trade policy of the US and the “unprecedented” changes in the world order in the past 100 years will be discussed by Chinese President Xi Jinping and Indian Prime Minister Narendra Modi at their two-day summit this week. A day after the big announcement of Modi-Xi’s informal meet in China’s central city Wuhan on April 27-28, Beijing said the outcome of the meeting will be “positive”.

Google CEO Sundar Pichai to cash in $380 million share award
Posted on 23rd April 2018
It's about to rain money on Google CEO Sundar Pichai this week. According to a Bloomberg report, Pichai on Wednesday would be cash in an award of 353,939 restricted shares, which he received before a promotion in 2014 will vest.

The Bloomberg data further showed that at the end of last week, the grant was worth about $380 million, making it one of the biggest single payouts to a public firm official lately.


After RBI, Raghuram Rajan to work for Bank of England?
Posted on 23rd April 2018
Former governor of the Reserve Bank of India, Raghuram Rajan as been named as one of the contenders for the top job of the UK’s central bank. The leading Financial daily, Financial Times has named Raghuram Rajan as someone who might replace Mark Carney, he current governor of Bank of England.

Infra lending may take a back seat as RBI refuses to budge on
Posted on 23rd April 2018
With the Reserve Bank giving no relaxation to its February 12 framework on resolution of stressed assets, banks are likely to become more cautious and risk-averse to long-term funding, especially to the infrastructure sector, say lenders.

On February 12, the central bank had come out with revised framework for resolution of stressed assets.


Bitcoin extortion case: Amreli SP detained by Gujarat CID
Posted on 23rd April 2018
The Gujarat CID on Monday detained Amreli Superintendent of Police (SP) Jagdish Patel to question him regarding his role in the alleged extortion of 200 bitcoins worth 12 crore from a Surat-based builder.

Jagdish Patel was taken into custody from his residence in Amreli district last night and brought to Gandhinagar by CID-Crime, which is probing the case.


Sensex, Nifty turn choppy on mixed global cues
Posted on 23rd April 2018
Domestic equities opened on a choppy note on Monday tracking mixed cues from other Asian markets, ahead of F&O expiry later this week.

The benchmark BSE Sensex, which had lost 11.71 points in the previous session on Friday, rose 78.11 points, only to turn negative within minutes of session opening.


Mercedes-Maybach SUV revealed: Here’s what’s special about the ‘Ultimate Luxury’ all-electric concept
Posted on 23rd April 2018
Before its official unveiling at the Beijing Motor Show, Mercedes-Maybach's latest SUV concept has been revealed inside out in a set of leaked images. Mercedes-Maybach Ultimate Luxury concept is a very offbeat design - a high-riding four-door sedan with a trunk, unlike a traditional SUV. The fascia is marked by a big waterfall grille flanked by low, aggressive three-unit headlights, and the overall styling is a combination of SUV ruggedness and luxury.

HDFC Bank share price target raised on strong Q4 results, what top brokerages say
Posted on 23rd April 2018
HDFC Bank share price: After India’s leading private lender HDFC Bank reported record profits for Q4, brokerage firm CLSA has raised HDFC Bank share price target. The bank has reported a 20.27% on-year growth in net profit to Rs 4,799.28 crore, driven by stable asset quality. The bank had posted a net profit of Rs 3990.09 crore for the corresponding quarter last year.

Paytm Bank claims 100m e-Verified accounts; says everything falling into place
Posted on 23rd April 2018
BENGALURU: Paytm Payments Bank claims that it now has over 100 million KYC-registered wallets — which includes both complete and minimum KYC (know your customer). This development comes even as there have been indications in the digital payments industry of a sharp fall in mobile-wallet users as customer authentication did not take off.

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