
Mercedes-Benz opens first showroom in Patna
has inaugurated its first showroom in Patna, operated by Landmark Cars. The new outlet marks the company's expansion into Bihar and supports its ongoing strategy to establish a presence in emerging markets.
The facility, spread across 16,500 sq. ft., is the first 3S (sales, service, and spares) Mercedes-Benz dealership in the city. Landmark Cars, one of the brand's long-standing partners, will manage operations at the site.
Santosh Iyer, MD and CEO, Mercedes-Benz India, said, 'We are delighted to inaugurate Patna's first-ever luxury car showroom, marking a significant milestone in Mercedes-Benz's India journey. Patna represents the evolving aspirations of new-age customers, with a growing appetite for luxury products, services and experiences.'
EV charging and full product line-up
The new showroom includes a 60 kW DC fast charger, which is accessible to all EV owners in Patna. The facility is capable of displaying the complete Mercedes-Benz model range, including top-end luxury vehicles like the S-Class, Mercedes-Maybach, and AMG performance models.
Customers will also have access to test drives, vehicle handovers in a dedicated bay, and a full suite of aftersales services. The showroom follows Mercedes-Benz's global design and process standards, incorporating digital consultation tools and dedicated customer lounges.
Sanjay Thakker, Chairman and Executive Director of Group Landmark, said, 'This new facility provides an immersive customer journey, from personalised consultations and exclusive hospitality to aftersales service.
Landmark Cars Patna
offers a luxury experience aligned with customer expectations in the region.'
Expansion plans continue
The Patna showroom is part of a broader plan by Mercedes-Benz India to strengthen its network across key growth markets. The company is planning to open additional outlets in Kanpur, Varanasi, and Udaipur, and has already launched new showrooms in Agra and Jammu.
Mercedes-Benz India currently operates in over 50 cities, with more than 125 touchpoints nationwide.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
an hour ago
- Time of India
US stock market, S&P 500 prediction: Bull run to continue to till Christmas? Morgan Stanley makes bold projections
Morgan Stanley backed its bullish stance on U.S. equities on Monday, citing strong earnings momentum, and said it was expecting a modest pullback in the third quarter that could create an opportunity to buy the dip. The Wall Street brokerage is leaning more towards its bull case of the benchmark S&P 500 hitting 7,200 points by the middle of the year, it wrote in a note. In May, the brokerage said the S&P 500 was expected to hit 6,500 in the second quarter of 2026. "With earnings on solid footing into next year and the Fed closer to cutting rates, valuations can remain supported around current levels (~22x) as we think about the 12-month outlook," Morgan Stanley equity strategists led by Michael Wilson said. Explore courses from Top Institutes in Select a Course Category Finance others Data Science Data Science MBA Digital Marketing Product Management Operations Management PGDM Cybersecurity Artificial Intelligence MCA Degree Healthcare Data Analytics Leadership healthcare Project Management CXO Public Policy Others Management Technology Design Thinking Skills you'll gain: Duration: 9 Months IIM Calcutta SEPO - IIMC CFO India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Fintech & Blockchain India Starts on undefined Get Details Also Read - US Stock Market: S&P 500, Nasdaq Composite hit fresh highs, Dow Jones drops by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo However, the brokerage said rising Treasury yields - especially the 10-year note breaching above 4.5% - could increase rate sensitivity for equities and an underperformance of rate-sensitive stocks such as small caps. Morgan Stanley also expects tariff-related cost pressures to show up later this year, which could impact company margins and bump up inflation, leading to a change in rate cut expectations by the Federal Reserve. Live Events Lastly, it estimates that seasonal trends may hit stocks in from mid-July through August. However, the brokerage said it would buy the dips as the risks could be temporary and only lead to a mild consolidation. Jefferies also raised its S&P 500 year-end target to 5,600 from its previous forecast of 5,300, according to the brokerage's note published on Friday. FAQs Q1. What are indexes of US Stock Market ? A1. US Stock Market indexes are S&P 500, Dow Jones, Nasdaq. Q2. What are Morgan Stanley predictions for Trump tariffs? A2. Morgan Stanley also expects tariff-related cost pressures to show up later this year, which could impact company margins and bump up inflation, leading to a change in rate cut expectations by the Federal Reserve.


Economic Times
4 hours ago
- Economic Times
U.S. stock market hits fresh record highs—Dow, S&P 500, Nasdaq climb, driven by Verizon, Block, Cleveland‑Cliffs gains
Synopsis US Stock market today saw the Dow, S&P 500, and Nasdaq inch higher as Wall Street kicked off a packed week of Big Tech earnings and rising concerns over President Trump's upcoming tariffs. The S&P 500 rose 0.5%, Nasdaq gained 0.7%, and the Dow added 0.4%. Investors are closely watching earnings from Alphabet and Tesla, set to report midweek. Meanwhile, trade tensions with the EU are growing as the August 1 tariff deadline nears. Despite risks, 86% of early S&P 500 reports have beaten expectations. This week could shape the future of both markets and global trade. Wall Street kicked off the week with a powerful rally as all three major U.S. indexes—the Dow Jones, S&P 500, and Nasdaq Composite—surged to new highs on Monday. Investors poured into equities amid upbeat corporate earnings, cooling Treasury yields, and renewed optimism over a potential U.S.–EU trade deal ahead of the looming August 1 tariff deadline. Tech stocks led the charge, with Block, Verizon, and Cleveland-Cliffs posting standout gains, while all eyes now turn to this week's much-anticipated earnings from Tesla and Alphabet. US Stock market today: Dow, S&P 500, Nasdaq edge higher as investors brace for Big Tech earnings and Trump tariffs- US Stock market today opened the week on a positive note as Wall Street cautiously stepped into a Big Tech-heavy earnings season, while also watching for signs of escalation around President Donald Trump's proposed tariffs. The S&P 500 (^GSPC) rose 0.5% and the Nasdaq Composite (^IXIC) gained 0.7%, continuing last week's strong performance driven by growth and tech stocks. The Dow Jones Industrial Average (^DJI) was up nearly 0.4% as Monday's trading session closed. With earnings season heating up and trade policy becoming more uncertain, investors are juggling optimism and caution. Reports from Alphabet (GOOG) and Tesla (TSLA) later this week are set to dominate headlines, while tensions between the US and EU over trade agreements remain unresolved. S&P 500 rose approximately 0.3–0.5% , reaching a new all-time high near 6,315 . rose approximately , reaching a new all-time high near . Nasdaq Composite jumped around 0.5–0.7% , also setting a fresh record above 21,000 . jumped around , also setting a fresh record above . Dow Jones Industrial Average gained modestly, about 0.1–0.4%, settling just below its all‑time peak. As the second-quarter earnings season ramps up, all eyes are on Alphabet and Tesla, the first of the so-called "Magnificent Seven" to report results. These earnings will be critical in justifying the current high valuations of tech stocks, especially with investor sentiment so closely tied to the AI boom. Out of the 59 S&P 500 companies that have already posted their Q2 results, a striking 86% have beaten Wall Street estimates, according to Bloomberg. While this beat rate is historically impressive, it's worth noting that expectations were modest to begin with. Any strong performance from Alphabet or Tesla this week could reinforce investor confidence in continued tech sector dominance. Several key catalysts are powering the bullish sentiment across Wall Street: Strong corporate earnings : Verizon, Cleveland-Cliffs, and Block all reported better-than-expected results, pushing their stocks sharply higher. : Verizon, Cleveland-Cliffs, and Block all reported better-than-expected results, pushing their stocks sharply higher. Tech optimism : Investors are gearing up for big earnings from Alphabet and Tesla this week. : Investors are gearing up for big earnings from and this week. Trade relief hopes : Speculation is rising that the U.S. and EU could strike a deal ahead of the August 1 tariff deadline , easing global trade tensions. : Speculation is rising that the U.S. and EU could strike a deal ahead of the , easing global trade tensions. Falling Treasury yields: The 10-year yield has eased to around 4.37%, which is boosting appetite for equities, especially in tech. Tensions are rising on the trade front, especially between the United States and the European Union. With President Trump's August 1 tariff deadline fast approaching, concerns about a breakdown in negotiations are growing. The EU, according to Bloomberg, is now open to a slightly imbalanced deal just to avoid new US tariffs. However, resistance within EU member states and Trump's tougher public stance are slowing progress. Commerce Secretary Howard Lutnick over the weekend described the August 1 deadline as a 'hard stop' for compliance, though he added that conversations may continue even past that point. These mixed signals are keeping global investors on edge. Domino's Pizza (DPZ) offered a rare bright spot outside tech on Monday. The company's Q2 sales beat estimates, driven by strong customer interest in its new product lineup. Despite the broader uncertainty around tariffs and consumer sentiment, Domino's showed resilience, helping to steady the consumer discretionary sector for the day. Verizon Communications (VZ) and Cleveland-Cliffs (CLF) also released updates Monday, but the focus clearly remained on upcoming tech reports and global trade developments. Here are some of Monday's biggest winners on Wall Street: Block (SQ) : 📈 Surged +8.3% after being selected to join the S&P 500 index. : 📈 Surged after being selected to join the S&P 500 index. Cleveland-Cliffs (CLF) : 📈 Gained +7.4% after a strong earnings beat. : 📈 Gained after a strong earnings beat. Verizon (VZ) : 📈 Rose +3.3% thanks to upbeat Q2 earnings and raised full-year guidance. : 📈 Rose thanks to upbeat Q2 earnings and raised full-year guidance. Meta Platforms (META): 📈 Added over +2% amid strong rotation into big tech. While most of the market is green, a few notable names are under pressure: Sarepta Therapeutics (SRPT) : 🔻 Fell -2.2% after the FDA halted its gene therapy trial due to safety issues. : 🔻 Fell after the FDA halted its gene therapy trial due to safety issues. Domino's Pizza (DPZ) : 🔻 Slid -1.6% despite beating sales estimates—investors were spooked by weaker profits. : 🔻 Slid despite beating sales estimates—investors were spooked by weaker profits. Microsoft (MSFT): 🔻 Down slightly at -0.6%, following some minor tech pullbacks. CoreWeave : ⚡ Up around +3% amid AI enthusiasm. : ⚡ Up around amid AI enthusiasm. Robinhood (HOOD), Roblox (RBLX), MercadoLibre (MELI): 👎 All slipped 2–3%, weighed down by disappointing updates and sector rotation. Within Dow Jones components: Apple (AAPL) : 📈 Up +0.7% : 📈 Up American Express (AXP) : 📈 Gained +0.4% : 📈 Gained Microsoft (MSFT): 🔻 Down slightly Domino's Pizza (DPZ) surged after reporting stronger-than-expected Q2 sales , driven by the success of new menu items and solid customer demand. surged after reporting stronger-than-expected , driven by the success of new menu items and solid customer demand. The earnings beat helped boost investor confidence , despite broader market uncertainty around tariffs. , despite broader market uncertainty around tariffs. Stock Movement: DPZ jumped over 5% during the session. DPZ jumped over during the session. Highlight: Strong product innovation offset macroeconomic concerns. The market's current strength — especially in the S&P 500 and Nasdaq — is raising questions about whether valuations have run ahead of fundamentals. The AI-led rally has pushed many tech stocks near or past all-time highs. Investors will be watching this week's earnings closely to see if results truly back up the excitement. Some analysts worry that this stretch is starting to resemble past tech bubbles, though others argue that actual earnings and real-world AI adoption are finally catching up with investor enthusiasm. Cleveland-Cliffs (CLF) was among the worst performers after its quarterly report missed Wall Street expectations , with pressure from weaker steel demand and rising input costs. was among the after its quarterly report , with pressure from weaker steel demand and rising input costs. The stock faced additional drag from concerns over future tariff impacts on the commodities and manufacturing sector. Stock Movement: CLF fell by more than 4% on the day. CLF fell by on the day. Highlight: Disappointing earnings and tariff exposure hit investor sentiment. With Alphabet and Tesla reporting Wednesday, followed by more Magnificent Seven companies later in the season, earnings data will shape the narrative. Beyond that, the looming August 1 trade deadline and any updates from the White House on tariffs will be key. So far, strong corporate results have offset global concerns — but that balance could quickly shift if Big Tech disappoints or trade talks break down. Investors are advised to stay alert and watch both earnings numbers and geopolitical headlines as they unfold. The stock market today is riding a wave of optimism from early earnings results and hopes that trade talks won't derail the rally. But with crucial tech updates and global tensions ahead, this week could set the tone for the rest of the quarter. Q: What moved the stock market today? A: Gains in Big Tech stocks and tariff concerns pushed markets slightly higher. Q: Why are Alphabet and Tesla earnings important this week? A: They're the first major tech firms reporting and could impact overall market direction.


Time of India
8 hours ago
- Time of India
Paranormal investigator dies after Annabelle doll tour – haunting curse resurfaces in 2025
In July 2025, Dan Rivera, a paranormal investigator, was found dead in his hotel room in Gettysburg. Rivera had been leading ghost tours that featured the haunted Annabelle doll. The coroner said the Annabelle doll was not in the room when they found the body. Annabelle's scary past The Annabelle doll is famous for being haunted and linked to dangerous events for over 30 years, according to Ed and Lorraine Warren, two well-known paranormal investigators, as per the Hindustan Times report. Explore courses from Top Institutes in Select a Course Category Data Analytics Design Thinking Leadership Data Science Degree others MBA Public Policy Operations Management Data Science Finance Artificial Intelligence PGDM Management Product Management Technology MCA Cybersecurity Digital Marketing Project Management healthcare Healthcare CXO Others Skills you'll gain: Data Analysis & Visualization Predictive Analytics & Machine Learning Business Intelligence & Data-Driven Decision Making Analytics Strategy & Implementation Duration: 12 Weeks Indian School of Business Applied Business Analytics Starts on Jun 13, 2024 Get Details ALSO READ: Block stock soars 8% after S&P 500 debut — analysts say the rally might be far from over by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo First victims: The two nurses In the 1970s, a young nurse was given the doll as a gift. She lived with another nurse, and they saw the doll move around by itself. They also found 'Help me' notes on parchment paper — but they never kept parchment paper at home. A priest once made fun of Annabelle. Later, he saw her reflection in his rearview mirror and got into a car crash that turned out to be fatal, according to the report by Hindustan Times. Live Events The Warrens' scary car ride Ed and Lorraine Warren took the doll from the nurses and were taking it to their museum. They put Annabelle in the backseat of their car. Even though they avoided highways, the brakes failed many times during the drive. Ed had to pour Holy Water on the doll to get the car to act normal again. ALSO READ: Opendoor Stock Skyrockets 30% to 52-Week High on optimism around business model and growth outlook Tragic museum visit A guy visited the Warren museum and tapped the glass of Annabelle's box while laughing at her. On the way home, he and his girlfriend crashed their motorcycle into a tree. The guy died, but his girlfriend survived. She later said they were talking about Annabelle right before the accident, as stated by Hindustan Times report. FAQs Q1. Did the Annabelle doll cause Dan Rivera's death? There's no official proof, but Rivera died shortly after leading a tour featuring Annabelle, and the doll was missing from his room. Q2. Is the Annabelle doll really cursed? Many scary events like accidents and deaths have been linked to the doll over the years, especially by Ed and Lorraine Warren.