The diesel subsidy bill alone has skyrocketed from 1.4 billion ringgit in 2019 to 14.3 billion ringgit in 2023.
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Oil prices experienced a second consecutive session of decline due to the U.S. dollar’s fortification, fueled by robust employment data that diminished expectations for interest …
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Having a stake of 0.98%, valued at USD 7.7 billion, the Norway wealth fund has historically been critical of excessive CEO compensation.
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China has accused the EU of attempting to stifle Chinese companies and has vowed to take action to protect its interests.
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INDUSTRY NEWSLatest News
Nirmal Nair appointed Head of Sales and Marketing for India-Asia Pacific at Stellantis
Nair’s journey with Nissan began in 2010 as the Marketing Operations Manager for Nissan Europe.
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INDUSTRY NEWSLatest News
ICRA forecasts 4-7 per cent drop in commercial vehicle wholesale volumes for FY25
This projection follows a muted year-on-year growth of 1 percent and 3 percent for wholesale and retail sales, respectively, in FY2024.
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INDUSTRY NEWSLatest News
Japanese megabanks to divest strategic Toyota stakes worth USD 8.5 billion: Bloomberg
The unwinding of shareholdings by the banks in Toyota, one of Japan’s most prestigious companies, would underscore the growing impact of corporate governance reforms in …
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INDUSTRY NEWSLatest News
Tesla enhances in-car navigation with new software update in China
by Biplab Dasby Biplab DasThis move is part of Tesla’s broader strategy to reduce drivers’ reliance on smartphone applications while driving.
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INDUSTRY NEWSLatest News
Renewables investment rebounds in Australia, needs faster pace to meet 2030 target: report
Currently, Australia’s renewable energy contribution stands at 40 per cent, falling well short of the target.
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INDUSTRY NEWSLatest News
Wardwizard Innovations & Mobility secures USD 1.29 billion EV order from Philippines
Wardwizard Innovations & Mobility Ltd., an Indian electric vehicle manufacturer, has secured a USD 1.29 billion order from Beulah International Development Corporation to supply electric …