The two companies are looking to deepen ties, including the possible merger, the clearest sign yet of how Japan's once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.
A combined Honda and Nissan would create a $54 billion company with annual output of 7.4 million vehicles, making it the world's third-largest auto group by vehicle sales after Toyota and Volkswagen.
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BluSmart Targets to Turn Profitable in 5-6 Quarters
EV CAB AGGREGATOR BluSmart is likely to turn profitable in the next five to six quarters, according to the guidance given by its management recently to a group of investors.
Indices fall on tariff concerns; VIX jumps
SHARES ENDED LOWER on Monday, with the broader market seeing sharper cuts, as concerns over US tariffs and the ongoing market decline kept investors on edge.
Fitch Downgrades Adani Energy Arm
FITCH RATINGS HAS downgraded the outlook for Adani Energy Solutions (AESL) to negative on concerns that US investigations could reveal its governance weakness and affect financial stability.
Data find clues to hidden water-ice on the moon
Chandrayaan-3 Data Findings
India Adds 25.2 GW Solar Power in 2024
India added 25.2 gigawatts (GW) of solar power capacity in the calendar year 2024, significantly higher than the 8.3 GW installed in 2023, a recent report by Mercom on the solar market showed.
Minimalist's expansion plans to pick up pace post HUL merger
Company to expand global footprint; new plant in Jaipur soon
Pakistan Holds Key Rate for First Time in a Year
PAKISTAN UNEXPECTEDLY HELD its benchmark rate for the first time in almost a year, with policymakers flagging risks to inflation from global trade disruptions and volatile food prices.
Sun to buy Checkpoint for $355 mn
THE DEAL WILL be made through an upfront cash payment of $4.10 per common share, a premium of about 66% to Checkpoint's last close on Friday, Sun Pharma said in an exchange filing.
Icra pegs CV sector growth at 3-5%
Upswing In Sight
Finmin mulls raising deposit insurance limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) may raise the deposit insurance limit beyond the existing â¹5 lakh, considering its financial position and the overall stability of the country's banking system, finance minister Nirmala Sitharaman informed Parliament on Monday.
