German automotive supplier Webasto has begun the production of electric-vehicle (EV) batteries in its home country, at the Schierling site in the Regensburg district.
Shapoorji Pallonji Group company Sterling and Wilson Solar Limited debuted on stock exchanges at ₹700, nearly 10 percent lower from its issue price of ₹780. The solar engineering and construction company issue failed to list at premium as many analysts were expecting.
Oil prices fell again on Tuesday by nearly 40 cents to $50.14 per barrel on the declining demand and swine flu.
US Natural Gas gained more than 2% on short covering ahead of the May expiry.
The stocks of crude in the US went up by 4.6 mn barrels, more than twice expected, reported American Petroleum Institute.
The Output of Natural Gas is expected to go down because of a record decline in the number of gas rigs to below 700. This may be balanced by a weak heating demand leading to a steady build up in inventories and mild weather forecast.