Thailand’s province of Phuket is in talks with Siemens and Bombardier over a contract to supply a rail connection to the airport, German daily FAZ reported.
Daimler shares fell 2% in early trade following a media report saying the maker of Mercedes-Benz cars had used software engine management systems to pass stringent.
US investigators probing Daimler have found that its cars were equipped with software which may have help them to pass diesel emissions tests.
Support for Germany’s SPD hit a record low, a poll showed, and the party’s leader-in-waiting said she had “no Plan B” should members reject a coalition deal.
Japan has okayed plans to let people choose to start drawing their state pensions beyond the age of 70 as it grapples with severe labour shortages.
Around 10,000 workers at E.ON have been called out on strike from Monday, trade union IG BCE said, after a second round of wage talks ended without an agreement.
Siemens Healthineers launched a smart phone- based diagnostic system in association with medical technology startup Jana Care for chronic illness.
The defence ministers of Germany and France pledged to redouble their military and foreign policy cooperation efforts, inviting other European countries to participate.
The planned Nord Stream 2 gas pipeline connecting Germany and Russia poses no threat to Europe’s energy security, Chancellor Angela Merkel said.
Chinese conglomerate HNA Group Co Ltd has cut its stake in Deutsche Bank AG to around 8.8 percent, but plans to remain a “significant” investor in the German lender.
To Issue Rs 8800 Cr worth equity shares on preferential basis to GoI
SBI puts Rs 1935 Cr worth loans up for sale to 24 entities
Seeks bids on cash basis or a mix of cash and security receipts
Approves Issue Price At Rs 300.82/Share For Preferential Issue To Govt
Financial Express Reports
POWER GRID CORP
Emerges as lowest bidder for Rs 1000 cr project
To set up Vindhychaal-Varanasi 765 KV transmission line
Financial Express Reports
Arm To Buy 65% Stake In Indian Film Combine Pvt For Rs 1,105 Cr
Arm To Also Buy 20% Of Indian Film Combine From Xander Group Arm, 45% from Co's Promoter Group
Announces successful regulatory inspection from USFDA for API Facility for Hyderabad Facility
AVIATION IN FOCUS
Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY
Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM
Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM
IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM
SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM
Air India Jan Market Share At 13.3% vs 13.1% MoM
Jet Airways Jan Market Share At 14.3% vs 14.6% MoM
IndiGo Jan Market Share At 39.7% vs 39.4% MoM
SpiceJet Jan Market Share At 12.6% vs 12.7% MoM