Ford to recall Fusion and Milan sedans
Federal regulators say that bolts holding the wheels on can fracture, causing a vibration. If the vibration is ignored, the wheels can separate from the car.
Ford says itís not aware of any crashes or injuries caused by the problem.
Dealers will replace the lug nuts on all four wheels and check the rear disc brake surface. The recall is expected to begin around January 24.
Capital infusion in SBI by March, says Chaudhuri
State Bank of India (SBI) Chairman Pratip Chaudhuri today said that the government would infuse capital into the bank by March. He said that the amount of infusion would be Rs 3,000-Rs 4,000 crore. The form in which it would be done was yet to be decided, he said.
The country's largest bank submitted proposal some months ago to raise Rs 20,000 crore through a rights issue. SBI requires Rs 20,000 crore to fund its growth plans over the next two fiscals.
The government has a 59.4 per cent stake in the bank. In case a rights issue is approved, the government would need to subscribe 59.4 per cent of the total rights being issued to maintain its holding at the current level.
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