The manufacturing errors in ‘Theta’ four-cylinder engines, which both Hyundai, Kia use in their vehicles, could cause engine bearings to wear prematurely and lead to an engine stall Source: Livemint.com…
Locked in an intense battle with Amazon, Flipkart is looking at re-entering the grocery segment that accounts for a significant portion of India’s retail industry Source: Livemint.com (http://www.livemint.com/rss/industry)
Iran may cut the credit period on crude oil sales to IOC, MRPL to 60 days from 90 and reduce the discounts on shipping of crude to 60% from 80%,…
US Citizenship and Immigration Services responsible for processing of H1B application says it has reached the congressionally mandated 65,000 visa cap for the 2018 fiscal year Source: Livemint.com (http://www.livemint.com/rss/industry)
Rural Electrification Corp., Power Finance Corp., Energy Efficiency Services, Indian Renewable Energy Development Agency, NTPC among those looking to raise funds, says power minister Piyush Goyal Source: Livemint.com (http://www.livemint.com/rss/industry)
Power Grid will use the funds from Asian Development Bank (ADB) to finance a proposed power transmission project connecting new solar power parks to the grid Source: Livemint.com (http://www.livemint.com/rss/industry)
RBI has released a discussion paper on a proposal to set up ‘differentiated banks’ in the form of wholesale and long-term finance banks to fund large projects Source: Livemint.com (http://www.livemint.com/rss/industry)
Apart from its proximity to the Middle East nations, the ongoing conflict in Syria involves Russia and the US, two other major crude producers Source: Livemint.com (http://www.livemint.com/rss/industry)
Distillers are bracing for a drop in sales of as much as 8% this year, biting into the country’s $31 billion spirits market Source: Livemint.com (http://www.livemint.com/rss/industry)
Alphabet ’s Access division has removed two prominent executives from its ranks, the latest sign of the business pulling back from ambitious, expensive goals Source: Livemint.com (http://www.livemint.com/rss/industry)