Auto Industry
Reuters
Aug 5, 2022, 10:16 PM
Twitter Inc dismissed Elon Musk's claims in a Delaware court filing that he was hoodwinked into signing the deal to buy the social media company, saying that it was "implausible and contrary to fact."
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Reuters | Aug 5, 2022Tesla Shareholders Broadly Follow Board Recommendations At Annual MeetingTesla Inc shareholders voted for board recommendations on most issues at the company's annual meeting, including re-electing directors, approving a stock split, while rejecting proposals focused on environment and governance.2 mins read
Reuters | Aug 5, 2022Indian Automaker Mahindra & Mahindra Enjoys Strong First Quarter As COVID Restrictions EaseMahindra and Mahindra Ltd reported a sharp jump in first-quarter net profit on improved demand for the Indian automaker's passenger vehicles and tractors.1 min read
Reuters | Aug 5, 2022Biden To Sign Bill To Boost Chipmakers, Compete With China Aug. 9 - White HousePresident Joe Biden next Tuesday will sign a bill to subsidize the U.S. semiconductor industry and boost efforts to make the United States more competitive with China, the White House said.2 mins read
Reuters | Aug 5, 2022Oil Prices Rise From Multi-Month Lows On Supply ConcernsOil prices rose slightly, bouncing off their lowest levels since February, as concern over supply shortages was countered by expected declines in fuel demand.2 mins read
Reuters | Aug 5, 2022Italy, Intel Close To $5 Billion Deal For Chip Factory - SourcesItaly is close to clinching a deal initially worth $5 billion with Intel to build an advanced semiconductor packaging and assembly plant in the country, two sources briefed on discussions told Reuters.2 mins read
Ameya Naik | Aug 5, 2022Strong Demand For Mahindra SUVs With 2.40 Lakh Open Bookings; Waiting Period To Go UpThe company has said that it has received 1.40 lakh open bookings for its SUV portfolio, however, add the 1 lakh bookings that the Scorpio-N received in 30 minutes, then the tally goes up to 2.40 lakh.2 mins read
Kingshuk Dutta | Aug 5, 2022First EV From Royal Enfield Expected In Four Years: Siddhartha LalOn the side lines of the global ride of the Royal Enfield Hunter 350, Eicher Motors MD, Siddhartha Lal said that the first electric motorcycle from Royal Enfield is about four years away.3 mins read
Seshan Vijayraghvan | Aug 5, 2022Planning To Buy A Used Royal Enfield Classic 350? Here Are Some Pros And ConsIf you are planning to buy a Royal Enfield Classic 350, but are on a tighter budget, we suggest you look for a pre-owned one. However, before you start looking for one, here are some pros and cons you must consider first.3 mins read
