Business

Hero hits 100 million in production; lines up 50 new products over 5 years

NEW DELHI: Hero Moto, the country’s top-wheeler maker, crossed a record 100-million units in production, and is lining up an aggressive launch plan of 50 new products and upgrades over the next five years, chairman Pawan Munjal said on Thursday as the company works to strengthen its premium portfolio with new partner Harley-Davidson. Munjal said […]

Business

With $200 billion in extra savings, lockdown boosts household savings to 20-year high: Report

MUMBAI: The pandemic-driven lockdown has a surprise winner in household savings that have been falling steadily between 2014 and mid-2019 but have scooped up a hefty $200 billion in extra savings – which is a 20-year high, according to a foreign brokerage report. Surprisingly, a vast portion of this savings is in cash only, which […]

Business

Companies tap management gurus to tackle ‘unknowns’

MUMBAI: In a world where predicting even the short-term future is becoming difficult, organisations are rushing to management thinkers to understand how best they can cope with unforeseeable conditions— ‘the unknown unknowns’. Vijay Govindarajan, Coxe Distinguished Professor at Tuck School of Business at Dartmouth, said he has received several calls from CEOs in the past […]

Business

Parliamentary panel to question Facebook on WhatsApp’s privacy terms: Source

NEW DELHI/BENGALURU: Facebook executives will field questions from a parliamentary panel on Thursday about the changes to WhatsApp’s privacy, a source said, days after the messaging platform was asked by the country’s technology ministry to withdraw them. The panel will ask why Facebook needed to change WhatsApp’s privacy policy and how it will impact users, […]