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Mahindra And Mahindra Reports Q2 Beat On Strong Demand
Mahindra reported a better-than-expected second-quarter profit, driven by strong demand for its passenger vehicles and farm equipment.
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Tesla Says It Will Assist Police Probe Into Fatal Crash In China
Tesla said it will assist Chinese police investigating a crash involving one of its Model Y cars.
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India Seeks COP27 Deal To 'Phase Down' All Fossil Fuels - Report
India wants countries to agree to phase down all fossil fuels at the COP27 climate summit in Egypt, rather than a narrower deal to phase down coal as was agreed last year.
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Indian Shares Fall As Autos Drag, Awaits U.S. Inflation Data
Indian shares fell, weighed by auto and metal companies.
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Musk Tells Twitter Staff: Bankruptcy Isn’t Out Of The Question - Report
Musk told employees that he is not sure how much run rate the company has and that bankruptcy is not out of the question.
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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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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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Haiti Police End Gang Blockade Of Fuel Terminal, Sources Say
Haitian police have taken control of a fuel terminal that had been blockaded by armed gangs since September.
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Rupee Posts Tenth Monthly Decline On Weak Asian Peers, Oil Price Worries
The Indian rupee chalked up its tenth straight monthly fall after slipping versus the dollar, on concerns over oil prices and in line with losses in most other Asian currencies.
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Indian Minister Urges OPEC+ To Consider Impact On Consumers At Dec Meeting
India's oil minister urged the OPEC+ alliance of oil producers to bear in mind the impact of their upcoming decision.
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India State Retailers To Marginally Cut Petrol, Diesel Prices From Tuesday
India's top fuel retailer Indian Oil Corp will marginally cut petrol and diesel prices from Tuesday.
Read More →Oil Falls On U.S. Output Gains, Chinese Demand Doubts
Oil prices fell on expectations that U.S. production could rise and as weaker economic data out of China and the country's widening COVID-19 curbs weighed on demand.
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Delhi's Air Branded 'Hazardous', Spurs Calls To Close Schools
Delhi's 20 million residents were effectively breathing smoke as the air quality index (AQI) breached the "severe" and "hazardous" categories in nearly all monitoring stations of the Indian capital, spurring calls to close schools.
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Japan To Seek U.S. Flexibility On EV Purchase Incentives, Kyodo Reports
Japan will ask the United States to be more flexible on EV purchase incentives for non-American carmakers.
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VW's SEAT Says Spain's Subsidy For Battery Plant, EV Production 'Not Sufficient'
The chief of Volkswagen's Spanish unit SEAT said the subsidies offered by Spanish authorities for a battery factory construction and electric vehicle production "is not sufficient", but voiced optimism about finding a solution.
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Stellantis To Refocus China Strategy With Jeep, Maserati Brands
Stellantis sees its future as a niche player in China through its premium brand Jeep and luxury brand Maserati, its chief financial officer said.
Read More →Delhi Stops Construction As Pollution Set To Worsen
Delhi has suspended most construction and demolition activities as air quality in the Indian capital is set to worsen.
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Lyft To Lay Off 683 Employees In Cost-Cutting Push
Lyft Inc said it would lay off 13% of its workforce, or about 683 employees, in the ride-hailing firm's latest cost-cutting step to cope with a weakening economy.
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