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Month: <span>August 2022</span>

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News · 29 Aug 2022 Reliance AGM 2022 showcases Jio 5G updates, Jio AirFiber, Jio Cloud PC, and more   Reliance had its 45th Annual General Meeting (AGM) live broadcasted via YouTube and social channels. The oil-to-tech conglomerate interestingly had also arranged a Metaverse (Virtual Reality-based) experience… News · 29 Aug 2022 Reliance Jio 5G rollout will take place by Diwali: Know which places will be the first to get it   Mukesh Ambani, Chairman and Managing Director, Reliance Industries, on Monday announced that Reliance Jio will roll out standalone 5G services in select cities in the country by… Auto · 29 Aug 2022 EV Startup Fisker Explores Higher Production In 2023, U.S. Manufacturing   Fisker Inc said it was exploring options to manufacture in the United States in 2024 and was considering ramping up production of its first vehicle, the Ocean… Auto · 29 Aug 2022 Automakers Scramble To Decode New U.S. EV Tax Credits   U.S. automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs).  Auto · 29 Aug 2022 Russia-Backed Indian Refiner Nayara Energy Posts Record Profit   India’s Nayara Energy, part owned by Russian oil major RosneftMM>, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted… Auto · 29 Aug 2022 Oil Falls 2% On Expectations That U.S. Gulf Supply Disruption Will Ease   Oil prices plunged around 2%, on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while recession fears clouded the demand outlook.  Auto · 29 Aug 2022 China’s CATL To Build $7.6 Billion Hungary Battery Plant To Supply Mercedes, BMW <img src="” title=”China’s CATL To Build $7.6 Billion Hungary Battery Plant To Supply Mercedes, BMW” />  China’s CATL said it would build a 7.3 billion euro ($7.6 billion)… Auto · 29 Aug 2022 EU, South Korea Say U.S. Plan For EV Tax Breaks May Breach WTO Rules   The European Union and South Korea have raised concerns about proposed U.S. tax credits for purchases of electric vehicles, saying they may discriminate against foreign-made vehicles and… Auto · 29 Aug 2022 Two Lawmakers Ask U.S. Regulator About Tesla Crashes, Safety Probes   Two U.S. lawmakers who chair subcommittees overseeing auto safety asked the federal auto safety regulator for a briefing on its probes into crashes involving Tesla Inc electric… Auto · 29 Aug 2022 India Shares Close At Near 4-Month High As Metals, Autos Gain <img src="” title=”India Shares Close At Near 4-Month High As Metals, Autos Gain” />  Indian shares closed at a near four-month high on Monday, led by metals and…