Volkswagen overtakes SAP to become Germany's most valuable blue-chip
The Hindu
(Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.)
Volkswagen overtook software maker SAP on Wednesday as the most valuable company in Germany's blue-chip DAX index, as investors warm to the carmaker's plans to take on Tesla. Volkswagen shares rose as much as 12%, giving the company a market valuation of more than 136 billion euros ($162 billion), compared with SAP's 127 billion.More Related News

The heat of the recently concluded local body elections spilled over into the first meeting of the newly elected council of the Thiruvananthapuram Corporation, as the Opposition Left Democratic Front (LDF) questioned the propriety of the 20 councillors to whom the Kerala High Court had issued a notice regarding their oaths, participating in the council.












