M&M Shares Slump Over Ban on Big Diesel SUVs

The Supreme Court on Wednesday banned the registration of diesel cars and sports utility vehicles (SUVs) with engines beyond 2,000 cc in Delhi. The court also doubled the green tax on commercial vehicles entering the city to tackle one of the worst-ever bouts of toxic smog that has hit Delhi. The temporary ban on sale of diesel-powered big SUVs and luxury cars in one of the country's biggest market will be applicable till March 31, ...