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Eicher Motors Profit Misses Estimates As Costs Surge
Eicher Motors Ltd fell short of analysts' estimates for quarterly profit on Thursday, as costs jumped 50% at the Royal Enfield motorcycle maker.
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Exide Industries Posts Q2 Profit Rise As Input Costs Ease
Indian battery maker Exide Industries Ltd reported a better-than-expected second-quarter profit driven by an increase in volumes and easing input costs.
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COP27 Climate Summit Missed Chance For Ambition On Fossil Fuels, Critics Say
Egyptian officials have said their priority was to provide a conducive atmosphere for negotiations and act as a neutral mediator. The presidency denied that fossil fuel producers had been given sympathetic treatment.
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Tesla Mulls Exporting China-Made EVs To United States - Report
Tesla is considering exporting made-in-China electric cars to the United States.
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Indian Tyre Maker MRF Misses September Quarter Profit Estimates As Input Costs Weigh: Report
Standalone net profit from continuing operations fell 32.4% to 1.24 billion rupees ($15.14 million) for the three months ended Sept. 30, from 1.83 billion rupees a year earlier, MRF said in an exchange filing.
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Oil Prices Plunge 3% On U.S. Inventory Build, China COVID Worries
U.S. crude in storage jumped by 3.9 million barrels last week to 440.8 million barrels as oil production increased to about 12.1 million barrels a day
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Indian Oil Offers First Diesel Export Since Mid-Sept - Report
Indian Oil Corp has offered one diesel cargo to be loaded in early December
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Oil Falls As Druzhba Pipeline Reopens, China COVID Worries Stay At The Fore
The market gave up early gains after Hungarian Foreign Minister Peter Szijjarto said that flows through the Druzhba oil pipeline from Russia had resumed following a brief outage.
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Russia Price Cap Could Threaten India's Oil Supplies: Report
n 2021, India was the world’s third-largest crude importer (214 million tonnes) after China (526 million tonnes) and the United States (305 million tonnes) (“Statistical review of world energy”, BP, 2022).
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India Panel To Favour Linking Local Gas Prices To Local Crude Basket - Report
The panel is expected to recommend a floor of about $4 per million British thermal units (mmBtu) and a ceiling of $6.50/mmBtu
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COP27 Climate Summit Missed Chance For Ambition On Fossil Fuels, Critics Say
Egyptian officials have said their priority was to provide a conducive atmosphere for negotiations and act as a neutral mediator. The presidency denied that fossil fuel producers had been given sympathetic treatment.
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Russia Revives Soviet-Era Moskvich Brand With Chinese Model
Special edition of the XUV400 is a collaboration between Pratap Bose and designer Rimzim Dadu and gets bespoke touches to While the last Moskvich ("Muscovite") was a basic three-box saloon or pedestrian hatchback, the Moskvich 3 is a muscular-looking petrol-powered crossover hatchback with alloy wheels, LED slit-headlights and a large central touchscreen display.the cabin.
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Elon Musk Says Twitter Will Revise How It Verifies Users
Twitter Blue was launched in June last year as the platform's first subscription service, which offers "exclusive access to premium features" on a monthly subscription basis including an option to edit tweets.
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Elon Musk Reached Out To EU Industry Chief To Pledge Content Policing Compliance
EU lawmakers approved landmark rules to rein in tech giants over the summer, which will require online platforms to do more to police the internet for illegal content
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Elon Musk's SpaceX Expects First Starship Launch To Orbit This Year - NASA
The December mission will test the entire system for the first time, involving the company's 230-foot (70-meter) Super Heavy booster to lift the 160-foot (50-meter) Starship spacecraft into orbit.
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Musk's Lenders Prepare To Hold $12.7 Billion Twitter Debt On Books Until Early 2023 - Report
The group of lenders, led by Morgan Stanley, Bank of America and Barclays, have conceded they will be stuck holding the debt on their books for months or even longer
Read More →Twitter To Deny Blue Subscribers Access To Ad-Free Articles - Report
Twitter Blue was launched in June last year as the platform's first subscription service that offered exclusive access to premium features, including an option to edit tweets.
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Musk Says Twitter Will Charge $8/Month For Blue Check Mark
Musk said subscribers with blue check marks would get priority in replies, mentions and search and would be able to post longer videos and audios.
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Twitter Will Not Reinstate Banned Users Without 'Clear Process,' Musk Says
The Tesla chief executive has previously said Twitter should not permanently ban users and that he would reverse the ban on Trump
Read More →Elon Musk Plans To Cut Half Of Twitter Jobs - Report
Bloomberg reported that Musk intends to reverse the social media company's existing work from anywhere policy
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