Volvo Cars is currently owned by US car major Ford, which is seeking to sell off the brand and Geely Auto, has emerged as a preferred buyer.
Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the world's third biggest lubricants market in the world, a top company official said. Shell, which has already invested over $5 billion in India across the energy value chain -- from LNG import terminals and fuel stations to renewable energy and technology centres -- has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from Germany's Brenntag Group.
There's a car and bike to match every personality and every budget in 2018, say P Tharyan and Joshua David Luther
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