BREAKING NEWS
Congress twisted facts, distorted my statement on Ambedkar: Amit Shah
Not God, but Constitution that saves oppressed people: Karnataka Minister Mahadevappa
One dead, 66 rescued after ferry capsizes off Mumbai coast
Mangaluru: Proposal to rename roads and circles; Objections and suggestions invited
Plant-based meat alternatives linked to increased risk of depression in vegetarians, study finds
Senior India off-spinner R Ashwin announces retirement from international cricket
‘Satellite beams turned off over India’: Elon Musk rejects claim Starlink being used in Manipur
Markets decline in early trade amid foreign fund outflows; all eyes on US Fed interest rate decision
Mysuru Development Authority Bill tabled in Karnataka Assembly
Shaw dropped from Mumbai’s Vijay Hazare squad, asks ‘what more do I have to see?’
Congress prepares for centenary celebration of Mahatma Gandhi’s historic 1924 Belagavi Session
NEET exam to be held online? Education minister Pradhan says decision to be made soon
Concept of simultaneous elections not new to India, says govt in explainer
Indian woman duped by travel agent returns home from Pakistan after 22 years
Rahul makes fifty as India reach 105/5 at rain interruption
Nissan forecasts $6.4 billion annual net loss amid pandemic
Team Udayavani, Jul 28, 2020, 2:34 PM IST
New Delhi: Crisis-hit Japanese automaker Nissan on Tuesday warned of a massive $6.4 billion net loss for the current fiscal year as it reels from the impact of the coronavirus pandemic.
Nissan, which had delayed an annual forecast because of ongoing uncertainty, issued the warning as it reported a first-quarter net loss of 285.6 billion yen ($2.7 billion) on plunging sales.
“These results… reflect a full quarter of Covid-19 disruption that we knew would undermine our performance in key markets,” chief operating officer Ashwani Gupta said announcing the results.
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