Jaishankar Meets German Diplomat, Plans Scholz's India Visit

16 Jul 2024 CW Team

External Affairs Minister S. Jaishankar engaged in diplomatic discussions with a German diplomat, emphasizing the agenda and preparations for German Chancellor Olaf Scholz's forthcoming visit to India scheduled for October. The meeting underscored the strategic importance of bilateral relations between India and Germany, highlighting mutual interests in areas such as trade, technology, climate change, and global governance.

The discussions aimed to enhance cooperation and deepen ties between the two nations, aligning with shared priorities in economic growth, innovation, and sustainable development. Chancellor Scholz's visit is expected to strengthen economic partnerships and explore opportunities for collaboration in renewable energy, digital transformation, and skill development.

India and Germany continue to foster robust diplomatic relations, characterized by frequent high-level engagements and strategic dialogues. The upcoming visit of Chancellor Scholz is anticipated to further solidify these ties, paving the way for enhanced cooperation in key sectors that benefit both countries and contribute to global stability and prosperity.

In conclusion, Jaishankar's meeting with the German diplomat marks a significant step towards preparing for Chancellor Scholz's visit, reflecting India's commitment to bolstering diplomatic and economic relations with Germany across various domains.

Real Estate

29 Jun 2026

Athulya Opens Dedicated Geriatric Hospital in Chennai

Athulya Senior Care has inaugurated its first dedicated geriatric hospital in Valasaravakkam, Chennai, marking a significant expansion of its elder care services and completing its integrated care ecosystem spanning hospital care, assisted living and home care.The 60-bed Athulya Geriatric Care Hospital was inaugurated by Thiru Rajendra Vishwanath Arlekar, Governor of Tamil Nadu, in the presence of the company's founders, healthcare professionals and industry stakeholders.The launch comes amid growing demand for specialised elder care infrastructure in India. According to the National Statistic..

PFC, REC Boards Approve Merger Scheme

The boards of Power Finance Corporation (PFC) and REC Limited have approved a scheme for the merger of REC with PFC, paving the way for the creation of one of India's largest infrastructure financing entities with an aggregate loan book exceeding Rs 11 trillion.The proposed merger, approved under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, envisages the amalgamation of REC, the transferor company, with PFC, the transferee company, along with their respective shareholders and creditors.The scheme remains subject to multiple approvals, including those from sha..

Puravankara Signs JDA for 6.4-Acre Bengaluru Parcel

Puravankara has entered into a joint development agreement (JDA) for a 6.4-acre land parcel in Sarjapur, Bengaluru, with an estimated gross development value (GDV) of Rs 10 billion. The proposed residential project will have a saleable area of approximately 0.8 million sq ft and cater to the growing housing demand in the emerging micro-market.The latest addition further strengthens Puravankara's development pipeline in Bengaluru, taking the company's cumulative GDV from acquisitions and JDAs announced in Q1FY27 to Rs 52 billion.Commenting on the development, Ashish Puravankara, Managing Direct..