M&M, Uber in pact for electric vehicles push

Mumbai: Mahindra & Mahindra (M&M) will team up with Uber to explore deployment of electric vehicles (EVs) on the cab aggregator’s platform in several cities across India, the automaker said on Friday. The company, which has already tied up with Ola to build an electric mass mobility ecosystem in Nagpur, will deploy “hundreds of electric vehicles in Delhi and Hyderabad” under the new partnership. PTI

New Delhi
Yamaha launches superbike at Rs 10.88 lakh

India Yamaha Motor Pvt Ltd on Friday launched a new version of its superbike Yamaha MT-09, priced at Rs 10.88 lakh (ex-showroom Delhi). The new Yamaha MT-09 is powered by a newly developed 847 cc, 3-cylinder engine. It is also equipped with anti-lock braking system (ABS) technology, the company said. PTI

New Delhi
Siemens Q4 net profit plunges 75%

Siemens on Friday reported a sharp 74.94% decline in standalone net profit at Rs 623.77 crore for the fourth quarter to September on account of lower exceptional income. The company follows October to September financial cycle. Its total income fell 2.54% to Rs 3,204.8 crore, from Rs 3,288.46 crore earlier, Siemens said. PTI

Chandigarh
Hyundai releases film on road safety rules

Hyundai Motor India in association with the Ministry of Road Transport and Highways on Friday released a film on road safety aimed at creating a positive change in the society and inspiring people to adhere to traffic rules. The film marks phase II of #BeTheBetterGuy road safety initiative by Hyundai since 2016 and draws attention to critical issues pertaining to road safety. TNS

Mumbai
Market in positive lane for seventh day

The stock market on Friday signed out with gains for the seventh day on the trot, with IT stocks in the driver’s seat. The 30-share Bombay Stock Exchange Sensex finished at 33,679 — a three-week high — and the Nifty closed a little short of 10,400. PTI

New Delhi
Skoda to hike prices in India from January

Skoda Auto India on Friday said it will hike prices of its vehicles by 2-3% across the entire model range from January 1. The changing market conditions and various external economic factors are driving this price impact, Skoda Auto India said. PTI