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Loss Latest News

Indian Oil Corp Ltd reported a quarterly net loss for the first time in more than two years, as the country's top refiner sold fuel at a discount in the domestic market while its costs jumped.
Indian Oil Posts First Loss In Over 2 Years As Marketing Margins Fall
The US based electric car manufacturer has reported a loss of $282 million in the first 4 months of 2016. One of the key reasons is the problem in the manufacturing processes of the Model X. The story is not all grim though. Tesla was able to post a first-quarter revenue of $1.1 billion, which reflects a growth of over 22 per cent when compared to last year's figures.
Tesla Posts a Loss of $282 Million in First Quarter of 2016
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