News in brief

Hyundai workers halt SUV production after talks collapse SEOUL, South Korea, November 28 (AP): Hyundai Motor’s workers say they have suspended production on two SUV assembly lines to protest what they said was a unilateral move by the company to increase output. Hyundai Motor Co. union spokesman Hong Jae-gwan said Tuesday that about 1,950 workers, or 4 percent of its union members, stopped work Monday at a plant in Ulsan, 380 kilometers southeast of Seoul. He said there was no plan to expand the partial strike into a full-blown one. Hong said talks to increase output of Kona sports utility vehicles collapsed when the two sides failed to narrow disagreements over how many workers will be working on the Kona, and other issues. Hyundai is part of the world’s fifth-largest auto group. The company said it expects production to resume soon after negotiations.   LIC cautions policyholders against sharing Aadhaar via SMS New Delhi, November 28 (PTI): State-owned LIC has cautioned policyholders against sharing their Aadhaar number through SMS, saying it has not operationalised any such facility to link the unique identity number with policies. “Our attention is drawn to some messages circulated in social media with our emblem and logo asking policyholders to link their Aadhaar number by sending SMS to designated number,” Life Insurance Corporation of India (LIC) said in a public notice. The country’s largest insurance company further said that “no such message” has been sent by LIC. “Also no facility to link Aadhaar number to policies is available through SMS in LIC,” it said. The notice further added that as and when LIC will enable linking of Aadhaar number with policies through SMS, its website will be duly updated of this option. Regulator Insurance Regulatory and Development Authority of India (IRDA) has said linkage of Aadhaar number with insurance policies is mandatory. It has asked insurers to comply with the statutory norms.



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