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The bank, in which the governments of union territories of Jammu & Kashmir and Ladakh hold a majority share with 59.4% interest, plans to reduce concentration risks. "The new MD plans to firmly accelerate the business from rest of India with a clear focus on building the housing and mid-corporate book," Anand Dama, senior research analyst with Emkay Global Financial Services said.
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News and Media
Ferrari has postponed its second electric vehicle. The original plan was to release it in 2026. Now, it is expected no sooner than 2028. This delay is due to low demand for high-performance luxury EVs. Ferrari will unveil its first EV in stages, starting October. Customer deliveries are expected in October 2026.
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News and Media
Volvo Group and Daimler Trucks are taking steps to secure rare earth supplies. Concerns arise from China's export regulations. Daimler Trucks increases inventory, learning from the chip crisis. Volvo Group seeks alternative sources. Both companies aim to reduce dependence on these minerals. They are navigating the supply chain to avoid production disruptions. The companies are closely monitoring the situation.
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News and Media
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