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: 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.

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.

NEW DELHI: Amid preparations for its high-profile Rs 800 crore Chandrayaan-2 mission scheduled for an October launch, Indian Space Research Organisation (Isro) is also gearing up to launch a slew of important satellites in the coming months. Some of these satellites are significant for strategic reasons as they will help the military keep an eye on our hostile neighbours and safeguard our land and sea borders.

Probe agencies are examining if ICICI Bank should have declared three companies — Pacific Capital Services; Supreme Energy Private Ltd (SEPL) and Pinnacle Energy — as related parties. These companies were involved in transfers of shareholdings in NuPower Renewables Private Limited (NRPL), a company owned by Deepak Kochhar, husband of Chanda Kochhar, the bank’s CEO.

Shares of Tata Consultancy Services (TCS) today surged over 4 per cent, following which the IT major became the first listed Indian company to hit market capitalisation of over USD 100 billion (Rs 6,80,912.10 crore).

Shares of the company today opened at Rs 3,429, rising 4.39 per cent to touch an intra-day high of Rs 3,557 on BSE. Following the uptick in the counter, the market capitalisation of the company swelled to Rs 6,80,912.10 crore.

Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years, as it moves to broaden offerings in the segment and foray into areas such as fresh produce.

Amit Agarwal, the India head of Amazon, said in an interview on Friday that groceries and goods such as creams, soaps and cleaning products, were already the largest product category on Amazon in terms of number of units sold in India.

JSW Steel may go it alone as the committee of creditors (CoC) for Essar Steel decides to consider a fresh round of bids altogether.

JSW Steel is pointing towards a part of the NCLT order, which was uploaded on Saturday, which says “in the option no. 1, it has been suggested to initiate a new process for inviting bids from all interested parties (starting with initiation of new expression of interest) and follow the entire process as per new request for proposal as approved by the CoC,

A new owner of Air India will be allowed to operate the airline under a holding company. The entity will also be permitted to co-opt its existing airline brands under the holding company to build synergy.

This, the government believes, will allay concerns of potential suitors about the bidding condition, which mandates operating Air India at arm’s length for three years.

Spot commodity exchanges for gold, metals and even energy products like natural gas could see the light of day under the Securities and Exchange Board of India (Sebi) as the regulator.

This has been recommended by a committee on the subject. It was appointed by the finance ministry under NITI Aayog member Ramesh Chand. The panel also suggests the “existing institutional infrastructure of commodity exchanges may also be utilised, to the extent possible, to create a spot exchange for commodities”.

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