The Treo and Treo Yaari are equipped with low-maintenance lithium-ion battery pack, which Mahindra claims can last for 5 years.

Chief executive officer Vinod K Dasari resigned after nearly 14 years with the company, the truckmaker said. The company board has accepted his resignation, a top official said on Tuesday.

Dasari cited personal reasons and said that he had been thinking of quitting for a while.

Hyundai Motor plans to invest Rs 7,000 crore to increase its production at Sriperumbudur facility, that would help create 700 new jobs.

Flipkart co-founder Sachin Bansal, who made $1 billion from his stake sale to Walmart, is in talks to invest in Ola and electric scooter startup Ather Energy.

The state electricity regulatory commissions will fix tariffs for electricity supply from distribution companies to the charging stations at a ceiling of 15% over the average cost of supply

Tesla's CEO Elon Musk tweeted about the expansion plans after the company posted a profit of $311.5 million in the September quarter.