Tag: India

This article was first published on the Benzinga India portal. The potential entry of Tesla Inc (NASDAQ: TSLA) into the Indian market is being viewed as a positive development by Mercedes-Benz, India's leading luxury car seller. The company believes that Tesla's arrival will drive overall growth in the electric vehicle (EV) market. Our EV charging bays will be installed in all cities in India," said Santosh Iyer, Director General Manager of Massachusetts and Chief Executive Officer of Mercedes-Benz India, in a recent interview with The Times of India.

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(Bloomberg) -- A watershed moment in India's inclusion in a major global bond index has led to a massive influx of cash into the country, which is already reshaping markets in a country that has long been keen to insulate itself from hot-money inflows.