Bloomberg More so than anywhere else, automakers are chasing the holy grail of electric mobility in India: a lower price. Mahindra & Mahindra Ltd’s launch of its e-KUV at a price of 825,000 rupees ($11, 587), compared to its next cleanest option — a mid-range petrol variant at 650,000 rupees — highlights the challenge of pricing electric cars that can ...

Bloomberg The brother of Asia’s richest man was ordered to set aside $100 million in his dispute with three Chinese banks, even as he pleaded poverty. “The value of my investments has collapsed,” Anil Ambani said, according to a London court filing by banks seeking around $700 million in defaulted loans. “My net worth is zero after taking into account ...

Bloomberg Singapore authorities urged residents to relax on their shopping sprees that have emptied supermarket shelves, saying supplies aren’t under threat even as response efforts to battle the coronavirus outbreak have escalated. Pictures circulated online of snaking lines at supermarkets as people snapped up rice, instant noodles, toilet paper and sanitisation products. Online grocers including Amazon.com Inc and Redmart Ltd ...