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Automobile Sales Register Sharp Decline in India after Currency Demonetisation

Automobile Sales Register Sharp Decline in India after Currency Demonetisation

Indian automobile sector registered lowest growth in sales during December 2016, since the time Society of Indian Automobile Manufacturers (SIAM) started keeping record for combined automobile sales in the country. The impact on automobile sector is due to self-inflicted currency shortage in India. Indian government announced currency demonetization on November 8 and the government wasn’t prepared to deal with massive demand for new currency.

Hyundai Fuel Cell SUV with 348 Mile Range Could be Launched by 2018: Reports

Hyundai Fuel Cell SUV with 348 Mile Range Could be Launched by 2018: Reports

Hyundai could launch its second generation Fuel Cell SUV with 348 mile range could be launched by January 2018. Hyundai fuel cell SUV runs on hydrogen-powered fuel cells. The SUV will beat Toyota Mirai (currently with 312 miles) but will still fall short of Honda’s Clarity Fuel Cell vehicle which runs 366 miles in single charge. After running 348 miles, Hyundai Fuel Cell SUV will need hydrogen refueling.

Cyanogen fails to pick up against Android and announces closure

Cyanogen fails to pick up against Android and announces closure

Cyanogen operating system for smartphones will no longer be developed by the company as it has finally decided to end its services by the end of 2016. Cyanogen has been in the news for facing financial and management issues. The company was aiming to provide a better smartphone operating system compared to Google’s Android. However, Cyanogen has not been able to get the acceptance that the company management was expecting.

Amazon will deliver till midnight on Christmas Eve

Amazon will deliver till midnight on Christmas Eve

Amazon will deliver gifts for holiday shoppers till Christmas Eve midnight. The company said that its team is working extra hours to deliver smiles and gifts to its valuable customers. The service of quick delivery for last minute shoppers will be available only for Amazon Prime Now customers. Amazon Prime Now costs $99 per year and offers special discount and free delivery on many items to customers.

Apple Ready to Challenge €13 Billion Tax Demand from European Union

Apple Ready to Challenge €13 Billion Tax Demand from European Union

Apple is ready to launch a legal action against European Union’s record €13 billion tax demand from Cupertino-based hardware and software major. Apple has been supported by Ireland where the company has based its European operations. Ireland has blamed Brussels of infringing on its sovereignty and has contested against massive tax demand from Apple.

Six Rare Species Found in Deep Indian Ocean in the Longqi Vent Field: Research

Six Rare Species Found in Deep Indian Ocean in the Longqi Vent Field: Research

Researchers have found six new species during exploration of Longqi vent field in deep Indian Ocean. The Longqi vent field is location nearly 1,200 miles southeast of Madagascar. The region is nearly 1.7 miles deep and remotely operated vehicles were used by researchers to access the region. The research team found six new species, including snails, limpets and hairy-chested Hoff crab (Kiwa).

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