Larsen and Toubro, Mazagon Dock Shipbuilders Ltd, Reliance Naval and Engineering Ltd and Hindustan Shipyard have already submitted initial bids for the Indian Navy project for building six conventional submarines. This is the largest ongoing Make in India initiative in the defence sector.

The combination would help both exchanges compete better with rivals like ICE and CME from the United States. The LSE has long sought to bolster its presence in Asia and recently launched a link scheme with HKEX rival Shanghai

Samsung Fold would be priced at 2.398 million won ($1,977). It will go on sale in Britain, France and Germany in less than two weeks, with a US release also planned

The combined entity Sona Comstar will utilise the expertise of both the companies in their respective domains to create an integrated electric drive unit to power drivetrains of electric vehicles

Gold prices on Thursday jumped Rs 250 to breach the record Rs 40,000 per 10 gram level for the first time at the bullion market here on strong demand from investors amid growing fears of global economic slowdown.