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General Motors recalls 231,000 SUVs over fire risk

Beijing, June 19 (IANS) US General Motors Co.

Roundtable Top Picks for the Week of Jun. 17th

Ideas for Auto Parts, Consumer Finance and Share Repurchases. Opportunities covered include Standard Motor Company (SMP), Discover Financial (DFS) and PowerShares Buyback Achievers (PKW)

G8 talks trade, tax and transparency

At the end of the Group of Eight summit in northern Ireland, British Prime Minister David Cameron said the leaders had tackled tax, trade and transparency. Joanna Partridge reports the leaders' declaration states that tax authorities across the world should now automatically share information and companies should know who owns them

Daimler India starts truck exports to Sri Lanka

Chennai, June 18 (IANS) Daimler India Commerical Vehicles Pvt Ltd, the Indian subsidiary of German automobile major Daimler AG, Tuesday announced shipment of 64 FUSO trucks to Sri Lanka. In a statement issued here, the company said the FUSO trucks make at its plant near here are headed towards Sri Lanka as a part of its commitment to export to various Asian and African countries. Last month, Daimler India along with Mitsubishi FUSO Truck and Bus Corporation, another Daimler AG entity, launched the FUSO trucks near here

Azam Khan assures action in Ghaziabad custodial death

Ghaziabad, June 18 (IANS) Samajwadi Party (SP) leader Mohammad Azam Khan Tuesday met the father of a suspected auto lifter who allegedly died in police custody here and assured him of action against the police personnel if they were found guilty.

Pop princess Kylie promotes new fashion book

Australian singing sensation Kylie Minogue delights fans with an autograph session for her new book about her life as a fashion icon. Kathi Urban reports

BSE closes 97.57 points down on June 18

New Delhi, June 18 (ANI): Trading at the Bombay Stock Exchange today closed 97.57 points down to stand at 19,228.28. At the National Stock Exchange the Nifty closed 36.43 points down to stand at 5,

Japan promotes eco-friendly transportation

Tokyo, June 18 (ANI): A safe and efficient transportation system is one of the highlights of Singapore's Changi Airport. Its credit goes to Japanese signal maker Kyosan, which introduced the signal system automated electric sky train

India eyeing $400-bn electronics base by 2020: IT Secretary (Interview)

New Delhi, June 18 (IANS) Having established itself as the backroom office for global businesses with a flourishing outsourcing industry, India is taking steps to expand its electronics manufacturing base to avoid imports, arrest dollar outflows and add jobs, a top official has said. "We are importing so much of electronics items that we are draining our foreign exchange," said J. Satyanarayana, secretary, Department of Electronics and Information Technology

Facility to test bird hits on aircraft in Bangalore

Bangalore, June 17 (IANS) The state-run Council of Scientific and Industrial Research (CSIR) and its National Aerospace Laboratories (NAL) have jointly set up a research facility here to test bird strikes on aircraft using air guns, the institute said Monday. "The integrated impact and crashworthiness research facility is equipped with capability for bird strike testing using one of the largest air guns in the world," NAL's structural technologies division head Satish Chandra said in a statement here. The indigenous facility will also carry out tests for runway debris, hail stones and other foreign object damage as part of its research in flight safety and occupant safety, applicable to aerospace and automotive customers.