Bloomberg The Renault-Nissan alliance is expanding its push into China, teaming up with Dongfeng Motor Group Co. on its first locally designed electric vehicle as emissions rules tighten in the world’s largest car market. Renault SA, Nissan Motor Co. and Dongfeng established a joint venture to develop a battery-powered model based on a small sport utility vehicle platform developed by ...

Bloomberg A unit of billionaire Li Ka-shing’s CK Hutchison Holdings Ltd. received a formal 79 billion rupee ($1.2 billion) tax bill from India over the company’s sale of its mobile-phone business in the country to a Vodafone Group Plc unit a decade ago. CK’s Hutchison Telecommunications International Ltd. received the penalty order from the Indian Tax Authorities on August 9, ...

Bloomberg Uber Technologies Inc. rolled out a free insurance programme for more than 450,000 drivers registered on its ride-hailing app in India to attract more drivers. The San Francisco-based company, which this week chose a new chief executive officer, said that it’s teaming up with ICICI Lombard General Insurance Co., the South Asian country’s largest private non-life insurer, to cover ...