CarWale Joins Axel Springer and India Today Group!

Hey Guys I am so excited to know this. Carwale is now with Axel Springer and India Today. I knew this site is going to reach the top the way it handles its forum members and the way it provides utilities to members. Its the best in its class in India for sure.

I am very happy and excited about this news.

http://www.carwale.com/news/6880-carwale-joins-axel-springer-and-india-today-group.html?ltsrc=79o45

Cheers

Dwarika

" The $3.6 billion (Rs. 16,000 crore) Axel Springer will pick up a 52.1% stake and the India Today Group, its local joint venture partner, will get an 18.3% holding, according to a person familiar with the development."

Source:http://www.livemint.com/2010/11/11001656/Axel-Springer-India-Today-to.html?h=A1

http://www.axelspringer.de/en/presse/Axel-Springer-increases-its-presence-in-India_1567096.html

So now its a Axel Springer - India Today Property. Hope the overall experience will  improve as the forum was not taken care in the last few months.

Congratulations !!

Good News !!