nissan motor


Nissan CEO sees China overtaking US as biggest market by 2022

Feb 08 2018

Nissan Motor Co expects China to overtake the United States as the Japanese automaker’s biggest market in terms of vehicle sales by 2022, CEO Hiroto Saikawa said.

Nissan Q3 profit drops on costs for improper inspection issue

Feb 08 2018

Nissan Motor Co Ltd reported a halving in Q3 operating profit, weighed by costs stemming from improper final inspection procedures at home, and higher discounts.

'Nissan aims to sell over 1.6 mn vehicles in China this year'

Feb 07 2018

Nissan and its Chinese joint-venture partner aim to sell over 1.6 mn vehicles in China, up from the 1.52 mn vehicles they sold in the world’s biggest auto market.

Mitsubishi, Suzuki profits soar on Asia sales while bigger peers

Feb 05 2018

Sales also rose 51 percent in China, a market where Mitsubishi sees sales more than doubling under its mid-term plan through 2019.

Nissan to pump $9.5 billion into China business, eyes top 3 spot

Feb 05 2018

Nissan to invest 60 bn yuan in China over the next five years with its joint-venture partner as it seeks to become a top three automaker in the world’s biggest market.

Nissan is making hands-free hospitality self-driving slippers

Jan 25 2018

Nissan is making use of automated driving technology to offer the latest in hands-free hospitality - self-driving slippers.

China extends tax rebate for electric cars, hybrids

Dec 27 2017

China will extend a tax rebate on purchases of NEV until the end of 2020, a boost for hybrid and electric car makers.

Honda, Nissan developing solid-state batteries for EVs

Dec 21 2017

Japan’s Honda Motor Co and Nissan Motor Co are developing all solid-state batteries for electric vehicles (EVs).

Nissan blames staff shortage for improper tests, plans inspectors

Nov 17 2017

Nissan Motor blamed a staff shortage for improper final inspections at its car plants for over 20 years, and said it would increase the number of inspectors.

Nissan resumes some production amid scandal, new wrongdoing found

Nov 07 2017

Nissan Motor Co Ltd resumed most of the domestic car production that had been suspended in the wake of a scandal over uncertified technicians.

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US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52



Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share


To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%


RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports


SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports


Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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