Bloomberg Jerusalem-based maker of chips and software for driverless cars Mobileye NV jumped most in 6 months after announcing strategic partnership with HERE, mapping consortium forged by German automakers. Shares of Mobileye rose 9.8 percent to $38.44 in New York, the most since June 30. The stock is still down 9.1 percent this year. Automakers and technology companies are ...

  Bloomberg India will spend $10 billion annually on new power transmission lines to satisfy growing demand in under-served areas, according to the country’s largest private power-grid operator. The country lacks sufficient transmission infrastructure to link its increasing generation capacity to areas of burgeoning consumption, said Pratik Agarwal, chief executive officer at Sterlite Power Transmission Ltd. The central government may ...

  Bloomberg India’s dominant services sector is set to contract for a second straight month, adding to evidence that Prime Minister Narendra Modi’s surprise ban on cash will trigger a sharp slowdown in Asia’s No. 3 economy. The Nikkei India Services Purchasing Managers’ Index was at 46.8 in December, a report showed on Wednesday, little changed from 46.7 a month ...