India and China have reached an agreement on military disengagement along their disputed border, New Delhi said, a step toward reducing frictions between the nuclear-armed neighbors that comes as both countries’ leaders arrive in Russia for a summit.

Four years ago, several soldiers from both sides were killed in a bloody melee. Any thaw between the countries could have global implications.

China has reached a resolution with India on resolving their border conflict and will work to implement solutions, a Chinese foreign ministry spokesperson said on Tuesday. China and India have been in close communication through diplomatic and military channels,

By Nandan Mandayam and Dhwani Pandya BENGALURU/MUMBAI (Reuters) -Hyundai Motor India shares fell 7.2% on their market debut on Tuesday after retail investors gave a lukewarm reception to the country's biggest ever initial public offering (IPO) amid concerns about a lofty valuation and an auto industry slowdown.

Shares of Hyundai Motor India dropped as much as 6% in their market debut on Tuesday, after a tepid response from retail investors to the pricing of the country’s largest ever initial public offering.

Hyundai Motor India’s IPO raised $3.3 billion in the listing South Korean parent sold 17.5% of its stake in India unit Shares will start trading at 10:00 a.m. India time A key challenge for Hyundai in India would be to defend its position as the country’s No.