Ather Energy to achieve 75-77% product localisation by 2020

Ather Energy to achieve 75-77% product localisation by 2020

Ather Energy, a Bangalore- based manufacturer of smart electric scooters told CNBC-TV18 that it is looking to start localising the production of the electric motor which powers their scooters, achieving a 75-77 percent localised product by the first half of next year.

Oil down as US Gulf of Mexico output returns

Oil down as US Gulf of Mexico output returns

Oil prices fell for a second day on Tuesday as more production facilities returned to operation in the U.S. Gulf after Hurricane Barry swept through over the weekend, while Chinese economic data dimmed the outlook for crude demand.

Oil rises more than 1% after US stockpile drop

Oil rises more than 1% after US stockpile drop

Oil prices gained more than 1% in early trade on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for a fourth week in a row, alleviating concerns about oversupply

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