The aid package involves taking an initial 20 per cent stake that could rise to a blocking minority of 25 per cent plus one share in the event of a hostile takeover, the carrier said on Monday.
US authorities banned the affected cars after the cheat software was discovered, triggering claims for compensation.
Rivals such as Franco-Dutch group Air France-KLM and U.S. carriers American Airlines, United Airlines and Delta Air Lines have also sought state aid
Germany's highest court for civil disputes ruled that those who purchased the vehicles in question are entitled in principle to receive damages
Lewadowski scored his 27th goal of the season, and steps closer to matching the league record of 40 goals set by Gerd Mueller
The fans can watch the live telecast of Dortmund vs Wolfsburg match on Star Sports Select 2 and Star Sports Select 2 HD from 7:00 pm (IST)
German football fans are known for their ultra-supporter groups, passion for the beautiful game and an unparallel display of support and creativity in stadiums
While China, the first to report coronavirus cases, has the highest recovery rate, India is faring a shade better than global average; the US' recovery rate is the worst among 20 most affected nations
A new manufacturing unit will be set up with a production capacity of over three million pairs in Uttar Pradesh through a collaboration with Iatric Industries Pvt Ltd
Countries like Germany, France, United Kingdom, among others, which have more advanced healthcare facilities, saw the jump from 100 to 100,000 cases in a fewer number of days when compared with India
Even as the global death toll has been rising consistently, reaching 300,000 deaths from 200,000 took longer time than reaching 100,000 to 200,000
Lufthansa group's senior director (sales), South Asia, George Ettiyil said the decision reflects the robust demand for flights to and from India, even in these unprecedented times.
From Russia and Brazil becoming new epicentres, Hong Kong seeing new infections after 24-day clean sheet, and Chinese merchants taking to livestreaming - read these and more in today's world dispatch
The programme faced objections from conservative German academics that it exceeds the bank's authority and violates a legal ban in the EU treaty on financing governments
From more and more companies scrapping their financial outlooks, to the success of Australia, New Zealand and Germany in stopping the spread of the virus - read these and more in today's digest
One of Germany's largest newspapers, Bild, in its article titled 'What China owes us', published on Wednesday, has mentioned a bill of $165 billion, for the repercussions Germany had to face
Morgan, 48, became the first woman to head a company listed on Frankfurt's blue-chip DAX 30 index when she was appointed co-CEO alongside Christian Klein last October
Berlin is eager to balance European and American alliances via its military aircraft-buying scheme, but the decision to move ahead with the US purchases has angered some politicians
While the time taken for 100,000 confirmed cases globally to recover has declined to just three days from 48 earlier, the gap between new cases and recoveries in Germany has narrowed significantly
From some European nations seeing recovery, to the US' industrial output contraction, and how Japan and China are trying to revive economic activity - read these and more in today's world dispatch