AMG
Noida Authority orders asset attachment of AMG group over Rs 2,409 cr dues
The Noida Authority has ordered the attachment of properties of realty group Aims Max Gardenia (AMG) over pending dues of Rs 2,409.77 crore against two land allotments in the city. The group, contested the amount of pending dues, claiming it was around Rs 1,050 crore and is ready to pay 25 per cent of it, following the recommendations of the Amitabh Kant committee on legacy stalled housing projects to facilitate the registry of flats in its projects.
Expect double-digit sales growth this fiscal: Mercedes-Benz India
Mercedes-Benz India aims for double-digit sales growth with a focus on high-end models like Maybach GLS 600 and AMG S 63 E. VP Lance Bennett notes strong demand for top-end vehicles.
Adani Group raises stake in news agency IANS
AMG Media Networks, a unit of Indian billionaire Gautam Adani's flagship firm Adani Enterprises has increased its ownership of IANS shares with voting rights to 76%, and nearly all non-voting shares, up from 50.5% each earlier.
Adani arm acquires majority stake in IANS India
In a regulatory filing, billionaire Gautam Adani-controlled Adani Enterprises said the stake comprised Category I and II shares with voting and non-voting rights, respectively. The remaining 49.5% stake will be held by Sandeep Bamzai, also the CEO and Editor-in-Chief of IANS.
Adani acquires majority stake in news agency IANS
Adani had forayed into media business in March last year when it acquired Quintillion Business Media, which operates business and financial news digital media platform BQ Prime. It thereafter in December took nearly 65 per cent stake in broadcaster NDTV.
Adani buys remaining 51% stake in BQ-publisher Quintillion Business Media
Billionaire Gautam Adani's group has acquired the remaining 51% stake in Quintillion Business Media Pvt Ltd, gaining full control of the digital business news platform. Adani Enterprises Ltd announced the acquisition without disclosing financial details. Quintillion was Adani's initial venture into the Indian news industry, and this acquisition solidifies their presence in the media sector.
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Limited edition luxury: Mercedes-AMG G 63 'Grand Edition' debuts at Rs 4 cr price tag & 4.0-litre V8 engine; only 25 units available in India
Mercedes-Benz India has revealed the Mercedes-AMG G 63 Grand Edition, a luxury SUV with exclusive features and limited availability. Priced at Rs. 4 crore, this vehicle is only accessible to existing Mercedes owners.
Adani Group approves MoU to buy remaining stake in Quintillion Business Media
Quint Digital Media is the parent group of Quintillion Business Media.
Mercedes-Benz accelerating drive to bring top-end vehicles to India
German luxury carmaker Mercedes-Benz is accelerating its drive to bring top-end vehicles priced above Rs 1 crore to India, with demand even from non-metros growing at an accelerated pace, according to a senior company official.
Mercedes ramps up production to meet rising demand, says India CEO
Mercedes Benz India has received mid-year vehicle allocations from its German headquarters and has ramped up production to reduce waiting periods for its products. The company has started a second shift at its plant. The waiting period for some of the CKD models assembled in India has come down to two months from the previous 4-5 months, while waiting periods for CBUs range from eight months for a GLS Maybach to 24 months for an AMG G63 SUV.
Mercedes-AMG is not giving up on the combustion engines: CTO
Even in India it has seen a steady increase in demand. With prices starting from Rs57 lakh, Mercedes has a portfolio of ten AMG models in India. They have been driving sales of the luxury carmaker’s top-end vehicles (those priced above Rs one crore). The TEV segment that comprises the S-Class, Maybachs, AMGs and EQS, has been receiving outstanding customer response and grew by 107% in Q1 2023, outpacing other segments, said Santosh Iyer, managing director and CEO, Mercedes Benz India.
Adani acquires 49 pc in Quintillion Business Media for Rs 48 crore
Billionaire Gautam Adani's AMG Media Networks has acquired about a 49 per cent stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for about Rs 48 crore.
Mercedes is launching its hybrid AMG model in India on April 11. Details inside
The German car manufacturer will launch the AMG model next month which boasts a combined gasoline engine with an electric motor.
Four new cars set to launch next month; here's what you need to know about them
A few exciting new car models are set to make their debut on the Indian car scene in April. Here's what you should know about them.
GT 63 S E Performance: Mercedes-AMG to launch its first high-performance plug-in hybrid in India next month
Mercedes-AMG is launching its first high-performance plug-in hybrid, the GT 63 S E Performance, in India next month.
Kareena Kapoor Khan graces new Mercedes AMG EQS launch event in Mumbai
Actor Kareena Kapoor Khan wore a sleek indigo blue jumpsuit as she made appearance at the Mercedes event in Mumbai last night. She launched the Mercedes AMG EQS.
Mercedes AMG EQS 53 4MATIC+ launched at Rs 2.45 crore in India
It can accelerate from 0-100 km/hr in 3.4 seconds with a battery charge level of at least 75 per cent and can achieve a top speed of 250 km/hr. It has a range of 529-586 km on single charge under standard conditions.
With an eye on luxury EV market leadership, Mercedes Benz to bring 3 new cars in 3 months
The company on Wednesday launched the performance-oriented Mercedes-AMG EQS 53, its second EV in India. It will be followed by the EQS sedan and the EQB sport utility vehicle in the coming months.
Chip shortage in the rear-view mirror, auto firms on launchpad
FY23 will see an unprecedented 21 passenger vehicle launches and 17 two-wheeler launches, mostly in the upcoming festive season.
First-ever Mercedes-Benz AMG GT Black Series comes to India, priced at Rs 5.5 cr
The supercar features the 4.0 litre V8 biturbo engine with a flat crankshaft.
Mercedes-Benz delivers first ever unit of AMG GT Black Series in India
The AMG GT Black Series, the most powerful AMG ever, comes with a 4-litre V8 engine that develops 537 kW (730 hp), enabling the two-door vehicle to accelerate from 0 to 100 km/h in 3.2 seconds and 0 to 200 km/h in under 9 seconds with a top speed of 325 km/h.
KKR captain Shreyas Iyer gets a swank Mercedes-AMG G63 worth Rs 2.5 cr
The car was recently delivered to the cricketer by a Mumbai-based dealership.
A sleek baby stroller for the pampered baby newly designed by Mercedes-AMG GT and Hartan
Mercedes-AMG GT and Hartan have launched a new limited edition super comfortable baby stroller. The pushchair has become the talk of the town before it had even landed on the market to sell. The design team of Mercedes-Benz has influenced most of its make. The stroller is going to be inexplicably expensive.
Dor Bahadur Khapangi: Shortest male teen in the world
Dor Bahadur Khapangi of Nepal has been confirmed as the shortest male teenager. The shy 17-year-old was measured to have an average height of 73.43 cm (2 ft 4.9 in).
Adani Enterprises incorporates wholly-owned arm for media related biz
"The company has incorporated a WOS namely, AMG Media Networks Limited on 26th April, 2022, with an initial authorized and paid-up share capital of Rs 1,00,000 each to carry on the business of media related activities, including...publishing, advertising, broadcasting, distributing etc. of content over different types of media networks," AEL said in a filing to BSE
Mercedes-Benz brings all-new AMG A 45 S 4MATIC+ to India at Rs 79.5 lakh
The compact car is powered by a 2-litre turbocharged engine, producing 421 hp.
Mercedes-Benz AMG GLE 63 S 4MATIC+ Coupe launched in India, priced at Rs 2.07 crore
The model is powered by a 4-litre engine, which produces a power of 612 hp.
Mercedes-Benz strengthens AMG portfolio; launches new products
The E 63 S 4MATIC+ comes with a 4.0-litre V8 biturbo engine (612 HP) mated with a nine speed transmission. The E 53 4MATIC+ on the other hand features an electrified 3.0-litre engine that produces peak output of 435 HP.
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