A significant shortage of steel supplies and a higher price of the key raw material has led to a sharp revision in the production schedules for the fourth quarter at leading carmakers. The production schedules for the ongoing fiscal Q4 are being revised downward by 15-20%, which could potentially mean a loss of over 1.5 lakh units in the January to March quarter for the industry. India’s...
Due to the recent changes in the privacy policy of WhatsApp, where Facebook, the parent company can have deeper and granular access to the users’ data, users have shifted to the rival messaging app, Telegram, last week. Some very senior investors, deep-pocketing players in the pipeline, heads of large companies, etc. have also shifted their allegiance to Telegram and Signal for the...