Latest News

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.

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.

Tesla's dominant market share of the electric vehicle market in California slipped again this year.

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.

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.

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.

The company's Pryor facility will make proprietary battery modules, energy management system and thermal control technology, CEO and Chairman Tony Aquila said.

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.