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Mercedes-Benz GLB compact SUV revealed

Mercedes-Benz GLB compact SUV revealed

The Mercedes-Benz GLB compact SUV, which set itself apart from the crowd thanks to its SUV looks, was first displayed at the 2019 Auto Shanghai in its concept form. It also managed to fit seven seats in its compact footprint. And now the German carmaker has taken the wraps off the production-spec SUV which will sit between the GLA and the GLC in Merc’s SUV lineup.

TCS to implement RBI's information and management system for 310 crore

TCS to implement RBI's information and management system for 310 crore

New Delhi: IT major Tata Consultancy Services will implement Reserve Bank's a centralised information and management system (CIMS) for seamless data collection and validations at a cost of Rs 310.52 crore.

TCS pipped other IT majors like IBM India, Infosys, Larsen & Toubro Infotech to get the key project of the central bank.

Hyundai and Kia to invest in self-driving startup Aurora

Hyundai and Kia to invest in self-driving startup Aurora

Bengaluru: Hyundai Motor Co said on Thursday it would invest in self-driving car software startup Aurora along with Kia Motors Corp to speed up development of autonomous vehicle technologies.

"With the new investment, the companies have agreed to expand research to a wide range of models and to build an optimal platform for Hyundai and Kia's autonomous vehicles," Hyundai said.

Walmart is expected to pump in $1.2 billion to fund Flipkart's operations

Walmart is expected to pump in $1.2 billion to fund Flipkart's operations

Walmart is expected to pump $1.2 billion into Flipkart's operations Flipkart. The world’s largest retailer acquired homegrown e-commerce company Flipkart for $16 billion last year, pitching it in direct competition with its rival Amazon.com in a battle for dominance of India’s online retail market.

Mindtree directors' panel finds L&T offer price 'fair & reasonable'

Mindtree directors' panel finds L&T offer price 'fair & reasonable'

The independent directors’ committee (IDC) at Mindtree on Wednesday said Larsen and Toubro’s open offer price of Rs 980 seemed “fair and reasonable”, and recommended that shareholders take independent but informed decision on tendering their shares.

YES Bank dips 6% to hit 40-month low as global brokerage downgrades stock

YES Bank dips 6% to hit 40-month low as global brokerage downgrades stock

Shares of YES Bank hit a 40-month low of Rs 126, down 6 per cent on the BSE in the early morning trade on Thursday after reports said global brokerage firm UBS has cut the target price of private sector lender to Rs 90 from Rs 170.

The stock was trading at its lowest level since January 20, 2016, when it touched Rs 126.44 in the intra-day trade.

Assam's world-famous tea gardens are deadly for pregnant women

Assam's world-famous tea gardens are deadly for pregnant women

“Mothers are now able to reach us even during the monsoon,” said Arundhati Das, 52, pointing at the asphalt road outside a one-room government health sub-centre in Bhojkhowa village. The centre serves a population of 10,000 in Assam’s flood-prone Sonitpur district and Das has been in charge of it since 2001. There is a bed in one corner, and a baby weighing scale on top of it.

Sensex snaps 3-day winning run; Yes Bank tumbles over 3 pc

Sensex snaps 3-day winning run; Yes Bank tumbles over 3 pc

The BSE Sensex snapped its three-day rising streak to end 194 points lower on Wednesday, pressured by losses in banking and auto stocks amid a broad sell-off in overseas markets.

Investors were also cautious ahead of the release of inflation and factory output numbers, traders said.

PNB fraud case: UK High Court denies bail to Nirav Modi, to stay in jail

PNB fraud case: UK High Court denies bail to Nirav Modi, to stay in jail

The UK High Court on Wednesday denied bail to diamond merchant Nirav Modi, who is fighting his extradition from Britain to India in the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.

Judge Ingrid Simler at the Royal Courts of Justice said that there are substantial grounds to believe that Modi will fail to surrender. Moreover, the judge felt that there could be interference with the witnesses and obstruction of justice.

Paytm mulls investing Rs 250 cr to expand Paytm QR in tier IV and V towns

Paytm mulls investing Rs 250 cr to expand Paytm QR in tier IV and V towns

Digital payments major Paytm Wednesday said it will invest Rs 250 crore this year for the expansion of Paytm QR in tier IV and V towns.

"With this investment, Paytm expects to reach more than 20 million merchants across India by the end of this fiscal," it said in a statement.

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