Axis Bank completes acquisition of Citibank’s India consumer business

Economy Grows at a Slower Pace of 4.4% in Dec qtr

The Indian economy grew at a slower-than-expected 4.4% in the December quarter compared with 6.3% in the preceding three-month period, weighed down by base normalisation and weakness in consumption.

SAP to Double India Investment in 5yrsSAP to Double India Investment in 5yrs

India is “a winner” and “a bright spot” in a world that’s in turmoil, says Christian Klein, chief executive at SAP SE. The German software giant aims to double its investments in India over the next five years.

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