Vehicle sales in India hit as automakers struggle amid chip shortage

Vehicle sales in the country have been hit as automakers struggle to cope with the ongoing global chip shortage. The latest data released by the Federation of Automobile Dealers Association (Fada) suggests a decrease in vehicle retail sales. As per the data, total vehicle retail sales for the month of September 2021…

As steel prices surge, Kalyani Steels may renegotiate deals with auto makers

A lot has been happening in the metals sector globally. With Russia being a major producer and exporter of metals, recently decided to impose new export taxes on steel, copper, aluminium and nickel, starting from August 1, it could spell a lot of opportunities opening up for the rest of the world. Closer home, in the…