The Ford and VW joint venture Argo, announced its closure on Wednesday, proving that automated vehicles are further away from mass deployment than industry executives predicted in 2019.
Polls earlier this year showed Sunak's low popularity with citizens who were worried about cost of living crisis & angered that he hiked payroll taxes while his wife avoided levies.
Measures undertaken by the govt to reduce burden of soaring inflation on consumers,by increasing fertiliser subsidies & other welfare measures, could stress finances, reports stated.
Kotak Mahindra's standalone profit jumped 27% from the same period last year to 25.80 billion Indian rupees ($313 million) in its fiscal second quarter.
On Friday, police arrested at least 57 people, described as "rioters", after protesters threw rocks and attacked banks in the city of Zahedan, IRNA reports.
Goyal, speaking hours after Liz Truss announced her resignation as Britain's PM, said India will "wait and watch" the situation following the change in British leadership.
General Atlantic is likely to lead the round with an investment of $450- $500 million, making PhonePe the most valuable Indian financial tech firm, surpassing Razorpay and Paytm.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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