Industry News

Diageo Plc-controlled United Spirits Ltd on Saturday said its additional inquiry against business tycoon Vijay Mallya and his associate companies has revealed instances of actual fund diversions amounting Rs.1, 225.30 crore. The USL board, that met on 9 July, said that while only a court or concerned regulatory authority would be in a position to make final determinations as to fault or culpability, the additional inquiry prima facie reveals further..."/>
Vijay Mallya firms diverted funds up to Rs1,225 crore: United Spirits [Mint, New Delhi]
Merlin Entertainments."/>
Daily Mail, London, Investment Extra column [Daily Mail, London]
Berkeley Group and Taylor Wimpey had collapsed by around 40 pc since the referendum."/>
Daily Mail, London, market report column [Daily Mail, London]
Delta Air Lines CEO Ed Bastian talks about it the way he did with the TV camera rolling. "We've been burned" by hedging, he said on Bloomberg TV in May. When pressed on why Delta isn't eager to lock in fuel prices with a hedge now that oil prices seem cheap, he replied, "I don't get paid..."/>
Star Tribune (Minneapolis) Lee Schafer column [Star Tribune (Minneapolis)]
PortMiami joins big-ship era [The Miami Herald]
FedEx-style trucks. Why not summery sleeveless tops and handbags? Chicago's mobile boutique scene is still relatively tiny-- the city is aware of just a half dozen trucks."/>
Boutiques follow food trucks in taking sales on the road [Chicago Tribune]
Facebook is courting support from the Public Service Company of New Mexico and state regulators to build a $250 million data center south of Albuquerque that could launch more green energy and tech jobs in the state over the next 20 years. But the social media giant, with 1.65 billion users, said before it decides whether to locate in New Mexico or Utah, it needs a guarantee that the facility can be 100 percent powered by renewable energy-- either solar or wind."/>
Facebook eyes New Mexico for new solar-powered data center [The Santa Fe New Mexican]
Facebook is courting support from the Public Service Company of New Mexico and state regulators to build a $250 million data center south of Albuquerque that could launch more green energy and tech jobs in the state over the next 20 years. But the social media giant, with 1.65 billion users, said before it decides whether to locate in New Mexico or Utah, it needs a guarantee that the facility can be 100 percent powered by renewable energy-- either solar or wind."/>
Facebook eyes New Mexico for new solar-powered data center [The Santa Fe New Mexican]
GE Aviation Delivering on Unprecedented Commitments
Delta Air Lines flight from Minneapolis-St. Paul to Rapid City, S.D., on Thursday night wound up at a nearby Air Force base instead of the city's airport, the airline and federal regulators said Friday. Delta flight 2845, an Airbus A320 with 130 passengers, landed at Ellsworth Air Force Base at 8:41 p.m. local time, about nine minutes ahead of its scheduled arrival time at Rapid City Regional Airport."/>
Delta flight from MSP to Rapid City lands at Air Force base by mistake [Star Tribune (Minneapolis)]
Xylem Inc., a leading global water technology company dedicated to solving the world’ s most challenging water issues will participate in key industry meetings and panel discussions on water management and innovative technology at Singapore International Water Week 2016. The five-day event will take place from July 10- 15, in conjunction with the World Cities Summit and CleanEnviro Summit Singapore. With water at the center of the global..."/>
Xylem Executives to Collaborate with Industry Leaders to Address Global Water Challenges and Work Toward a Secure Water Future at Singapore International Water Week 2016
Boeing Co. and Mahindra Group's Mahindra Defence Systems Ltd on Friday formally opened a centre in Gurgaon to provide C-17 training services to the Indian Air Force. The training facility, which is located at the Flight Simulation Technique Centre in Gurgaon, will be a full-service location offering instruction to aircrews that operate the 10 C-17 airlifters that Boeing delivered to India in 2014.. Once fully operational, the new centre will be..."/>
Boeing, Mahindra Defence Systems open C-17 training center for Indian Air Force [Mint, New Delhi]

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