BREAKING NEWS
None of Adani portfolio cos subject to any legal case: Group CFO on promoter indictment in US
Devendra Fadnavis emerges as Maharashtra’s man of the moment
Hair dryer blast: Quarry worker arrested for murder plot
Pets, street animals suffer as pollution levels rise in Delhi
Wayanad LS bypoll: Priyanka in lead by over one lakh votes
Perth Test: Day 2 Lunch — Bumrah gets five-for as Australia bowled out for 104
Delhi govt announces Rs 10 lakh compensation to family of drain accident victim
Jharkhand polls: BJP leading in 39, JMM ahead in 38
Binny Bansal steps down from board of PhonePe
Vikram Gowda Encounter: Uneasy silence shrouds Peethabail
Karnataka bypolls: Cong leads in Sandur, BJP and JD(S) ahead in Shiggaon and Channapatna
COP29: Civil society protests climate finance proposal, calls for ‘no deal’ over ‘bad deal’
Elections: Vote counting begins Maharashtra & Jharkhand
Counting of votes underway for bypolls to three Assembly segments in Karnataka
Mangaluru woman files complaint against husband for instant Talaq and harassment
PSA, Fiat Chrysler agree to merge: joint statement
PTI, Dec 18, 2019, 1:15 PM IST
Paris: French car maker PSA and US-Italian rival Fiat Chrysler have signed an agreement to create the world’s fourth largest automaker, they said in a joint statement on Wednesday.
“Fiat Chrysler Automobiles and Peugeot SA (Groupe PSA) have today signed a binding combination agreement providing for a 50/50 merger of their businesses to create the fourth largest global automotive original equipment manufacturer by volume and third largest by revenue,” the statement said, adding that the tie-up would not involve any plant closures.
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