New Delhi / Bloomberg India’s top court extended a ban on registration of new large diesel-powered vehicles in New Delhi to curb pollution, dealing a blow to automakers such as Daimler AG’s Mercedes-Benz and Toyota Motor Corp. The prohibition, imposed in December, will continue until the next hearing on May 9, said Gopal Subramaniam, a lawyer appearing for Mercedes ...

  New Delhi / Bloomberg IndiGo, India’s largest airline, posted fourth-quarter profit exceeding analysts’ estimates as a slump in crude oil cut fuel costs, helping the carrier offer cheaper fares and garner a bigger share of the world’s fastest-growing air travel market. Net income in the three months through March was almost unchanged at 5.79 billion rupees ($87.3 million) compared ...

  Tokyo / AFP Nissan said it will recall more than 3.8 million vehicles, mostly in North America, because the passenger-side airbag may not deploy in a crash due to a defect in the seat sensor. The Japanese automaker said the global recall would cover 2013-2017 including some Nissan Altima, Leaf, Maxima, Murano, Pathfinder, Sentra and Rogue models. “This recall ...