TOKYO: A lawyer for Nissan Motor Co. on Wednesday asked a Tokyo court for leniency when it sentences the company over charges it allowed ousted chairman, Carlos Ghosn, to hide earnings from Japanese authorities. Nissan, which has already pleaded guilty, is standing trial alongside former executive Greg Kelly, who hasContinue Reading

Normalisation can only be envisaged to happen by the end of the second half of 2022, the agency said. New Delhi: India Ratings and Research (Ind-Ra) on Tuesday revised downwards the domestic passenger vehicle growth estimates to 15-18 per cent this fiscal, citing semiconductor shortage that could extend to 2022.Continue Reading

New Delhi: Auto components major Bharat Forge on Monday said it has launched a voluntary retirement scheme (VRS) for permanent employees of its Mundhwa (Pune) manufacturing plant. The company said the VRS is open for permanent eligible employees who have attained 40 years of age and have completed ten yearsContinue Reading

The chief executive of Aramco, Amin Nasser, said earlier this year the Saudi Arabian state oil producer is looking for off-take agreements for hydrogen in its key markets to expand its output and sees strong potential for growth. Saudi Arabia wants to be the biggest supplier of hydrogen, the country’sContinue Reading

NEW DELHI: State-run Indira Gandhi Rashtriya Uran Akademi (IGRUA) and Drone Destination have jointly signed an MoU with Haryana’s Drone Imaging and Information Service of Haryana Limited (DRIISHYA) for drone training. Haryana had recently constituted DRIISHYA for speedy implementation of various types of surveys and imaging work using drones asContinue Reading