
P C asks why six FIPB secretaries not named as accused New Delhi, August 5 (IANS): Former Finance Minister P. Chidambaram on Saturday asked the government why it had not named six secretaries of the Foreign Investment Promotion Board (FIPB) if the 2007 clearance given to a media house for receiving foreign funds was wrong. The case involves his son Karti. “If FIPB approval in a particular case was wrong, why does the CBI not name the six secretaries as accused? Is it because the six secretaries were persons of unimpeachable integrity,” Chidambaram tweeted. Though the Congress leader did not name the case but it was obvious that he was referring to a CBI probe into the FIPB approval given to INX Media for allegedly receiving funds from Mauritius. The CBI wants to question Karti in the case and has issued summons to him following allegations that a firm that was “indirectly controlled” by Chidambaram’s son received money from the media house. GM recalling nearly 800,000 pickup trucks worldwide WASHINGTON, August 5 (Reuters): General Motors Co (GM.N) is recalling nearly 800,000 Chevrolet Silverado 1500 and GMC Sierra 1500 pickup trucks worldwide that could lose power steering, according to documents made public Friday. The largest U.S. automaker said the 2014 model year trucks could suffer a temporary loss of electric power steering, especially during low-speed turning maneuvers, according to documents disclosed Friday by the National Highway Traffic Safety Administration. The recall includes about 690,000 vehicles in the United States, 80,000 in Canada and around 25,000 in other markets. GM dealers will reflash the vehicle’s software to address the defect. GM spokesman Tom Wilkinson did not have any details on whether crashes or injuries are connected to the recall. GM told regulators that before the 2015 model year it made a series of changes to address potential sources of temporary low voltage conditions that disable the power steering. GM has not said when dealers will begin repairing vehicles.