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Iran Ready To Deliver Oil To India, Says Ambassador - Report
Iran's ambassador to India Iraj Elahi said Iran wants to sell oil to India and is ready to deliver it.
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GAIL India's Profit Tumbles On Supply Cut From Former Gazprom Unit
GAIL (India) Ltd reported a bigger-than-expected 46.3% fall in quarterly profit, hit by low gas sales due to supply disruptions from a former unit of Russian energy giant Gazprom.
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India Raises Ethanol Purchase Prices For State-Run Fuel Retailers
Indian government has fixed a price of up to 65.61 rupees for purchase of ethanol from sugar mills as the nation wants to boost blending with gasoline.
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JK Tyre Reports 23% Fall In Quarterly Profit On Higher Costs
JK Tyre and Industries Ltd posted a 23% fall in its second-quarter profit on Tuesday, hurt by higher input costs.
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Festive Demand Drives Up Indian State Refiners Gasoil Sales In October
Indian state fuel retailers' diesel sale in October surged from the previous month, indicating a pick up in industrial activity during the peak festive season.
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TVS Motor Misses Q2 Profit Estimates On Weak Exports
TVS reported a lower-than-expected rise in second-quarter profit, hurt by higher expenses and an economic slowdown in a few of its key markets.
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Tesla's California EV Market Share Slips As Rivals Step Up
Tesla's dominant market share of the electric vehicle market in California slipped again this year.
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Hivemapper Starts Issuing Crypto Tokens For Vehicle Dashcam Footage
Drivers around the world can generate cryptocurrency by installing a dashcam and sharing images with a San Francisco startup that aims to nab some buyers of street-level imagery away from Alphabet Inc's Google.
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Nissan Says Talks With Renault Focused On Better Competing In Electric Cars
Nissan's CEO said the company's talks with Renault are focused on optimising their investment in electric vehicles and strengthening their competitiveness as equal partners.
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India's Hero MotoCorp Misses Q2 Profit Estimates, Sales Dip
Profit after tax fell 10 per cent to 7.16 billion Indian rupees ($86.37 million) for the three months ended Sept. 30, from Rs. 7.94 billion a year earlier, an exchange filing showed.
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Canoo To Build Battery Manufacturing Facility In Oklahoma
The company's Pryor facility will make proprietary battery modules, energy management system and thermal control technology, CEO and Chairman Tony Aquila said.
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Europe Leans On Asia For 'Homegrown' EV Batteries
With the notable exception of Sweden's Northvolt, some startups hoping to build so-called gigafactories to compete with the Asian behemoths are going for smaller plants, with the aim of attracting more investment further down the line.
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MG Motor Says India Sought Clarifications On Losses For First Year In Country: Report
India's Ministry of Corporate Affairs started the probe after an analysis of MG Motor India's statements indicated suspicious related-party transactions, alleged tax evasion, under- and over-invoicing of bills. MG Motor India said it is providing the required records and information to the MCA.
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Tesla Reports Two New Fatal Crashes Involving Driver Assistance Systems
The two crashes involved the Tesla Model 3 and were tied to the car's advanced driver assistance systems
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COP27: France, Spain Latest To Pledge Halt To Gasoline-Driven Vehicle Sales
Signatories, including countries, municipalities and companies, pledged to shift to 100% sales of zero-emission vehicles by 2035 in leading markets and by 2040 across the globe.
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Chinese Carmakers Target More European Sales With Five-Star EVs
In the last few months, several Chinese EVs have received five-star European New Car Assessment Programme (NCAP) ratings - an achievement that requires loading vehicles with active and passive safety features that go well beyond legal requirements.
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Tesla Safety At Centre Of South Korean Trial Over Fiery, Fatal Crash
The driver claimed that the Model X sped out of control on its own and that the brakes failed in the December 2020 accident.
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G7 Coalition Has Agreed To Set Fixed Price For Russian Oil: Report
U.S. officials and G7 countries have been in intense negotiations in recent weeks over the unprecedented plan to put a price cap on sea-borne oil shipments, which is scheduled to take effect on Dec. 5 - to ensure EU and U.S. sanctions aimed at limiting Moscow's ability to fund its invasion of Ukraine do not throttle the global oil market.
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Toyota Cuts Output Target Amid Chip Crunch As Profit Tumbles 25%
Toyota posted a worse-than-expected 25% drop in quarterly profit and cut its annual output target, as the Japanese firm battles surging material costs and a persistent semiconductor shortage
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Uber Shares Surge On Solid Profit Forecast As Rideshare Recovery Defies Inflation
With cities reopening and travel booming, consumers are shifting their budgets to services, Chief Executive Dara Khosrowshahi said, compared to the two years of COVID-led lockdowns when they had limited spending to basic needs.
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