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Fino Payments Bank board extends interim CEO's tenure by another 3 months

Fino Payments Bank on Monday said its board has approved the extension of tenure of Ketan Merchant as interim CEO for a period of three months effective from August 27, 2026.

Fino Payments Bank board extends interim CEO's tenure by another 3 months

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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HD Hyundai Heavy Union Enters Strike Countdown

The Hyundai Heavy Industries branch of the Korean Metal Workers’ Union (HD Hyundai Heavy Industries union) has finally entered the countdown to a strike.

  • Korean Metal Workers’ Union enters strike countdown.
  • National Labor Relations Commission suspends mediation.
  • Members vote on industrial action Aug 25-27.

LG Energy Solution Sees Solid-State Battery Delay for EVs

LG Energy Solution has diagnosed that in order to fully apply solid-state batteries to electric vehicles, the technical barrier of mass-producing large-scale cells must be overcome.The forecast…

  • LG Energy Solution faces difficulty mass-producing large-scale solid-state batteries for EVs.
  • Solid-state batteries promise high energy density but pose challenges for larger applications.
  • LG plans to establish a pilot production line for solid-state batteries in second half of 2024.

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