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Elon Musk's Tesla on Monday will become the most valuable company ever admitted to Wall Street's main benchmark, accounting for over 1% of the index.

Hero MotoCorp Shares Up Over 1 % As Firm Announces Price Hike

Companies & Markets

There has been a steady rise in commodity costs across the spectrum, including steel, aluminium, plastics, and precious metals, the company said in a statement.

Coronavirus Pandemic Worsens 2020 Outlook For Rolls-Royce

Shares in Rolls-Royce were down 7% to 118.5 pence at 0834 GMT, paring some of the 80% gains the stock has made since positive vaccine news emerged in early November.

Maruti Suzuki Launches Online Car Financing Platform 'Smart Finance'

Companies & Markets

Smart Finance will be available for salaried customers, but MSI plans to expand the base by including customers from other economic backgrounds and extend the service to Arena retail chain, which accounts for 82 per cent of MSI's total sales by the fourth quarter of this fiscal

Nissan Receives 5,000 Bookings For Its Compact SUV Magnite

The company has also received over 50,000 enquiries for the vehicle which was launched on December 2 at an introductory price of Rs 4.99 lakh onwards, with more than 20 variants, Nissan Motor India said in a release.

Honda BigWing Opened In Coimbatore

'Today, we are delighted to inaugurate BigWing in Coimbatore and through this new premium outlet, we aim to take Hondas fun motorcycles closer to customers in the city and bring to them our mid-size range of premium motorcycles, Guleria said.

Hyundai Motor To Launch Dedicated EV Platform In Major Push Into Electric Cars

Hyundai expects its dedicated Electric Global Modular Platform (E-GMP) will allow it to use its own battery module technology across various EV models and cut the number of components by 60%.

Kia Motors Reports 50 % Rise In Nov Sales

With the improved sentiment and encouraging sales, Kia is looking to increase its growth trajectory and cement its position as one of the top car manufacturers in the country

China Grants Tesla Green Light To Start Selling Shanghai-Made Model Y SUV

The company has started exporting China-made Model 3 cars to Europe and said last week it plans to also start making electric vehicle chargers in China in 2021.

Hyundai, Kia Agree To $210 Million US Auto Safety Civil Penalty

Hyundai agreed to a total civil penalty of $140 million, including an upfront payment of $54 million, an obligation to spend $40 million on safety performance measures, and an additional $46 million deferred penalty if it does not meet requirements.

Ford Orders 12 Ultra-Cold Freezers To Distribute COVID-19 Vaccines To Employees

Ford's purchase mirrors efforts by U.S. states and cities to buy equipment to store millions of doses of Pfizer's vaccine at temperatures of minus 70 Celsius (minus 94 Fahrenheit), significantly below the standard for vaccines of 2-8 C (36-46 F).

Tesla Market Value Crosses $500 Billion In Meteoric Rally

Tesla is Wall Street's seventh most valuable company, just behind Berkshire Hathaway , and its shares have rallied over 30% since Nov. 16, when it was announced Tesla would join the S&P 500 benchmark.

Maruti Suzuki Subscribe Launched In Four More Cities

The company has partnered with ORIX Auto Infrastructure Services India, a subsidiary of ORIX Corporation, Japan to introduce the service for individual customers in these four cities

Toyota Halts Operations At Indian Plant Again As Union Strike Continues