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OE MARKET GROWTH
Maruti, Tata lead hatchback revival as India's carmakers rediscover the mass marketIndian carmakers are rediscovering the hatchback. For years, SUVs dominated sales. Now, rising prices and economic challenges mean small ca...
JK Tyre Q4 Results: Profit soars 80% to Rs 178 crore, to invest Rs 4,980 crore on expansionThe tyre maker, which announced an investment of Rs 4,980 crore to expand tyre manufacturing capacity for trucks and buses by 2030, had rep...
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
Ceat completes acquisition of Camso OHT, tracks businessCeat has finalized its acquisition of Michelin Group's Camso off-highway tyres and tracks business, marking a significant step in Ceat's am...
Fitch affirms SBI rating at 'BBB-', outlook stable"The agency forecasts India to be one of the fastest-growing Fitch-rated sovereigns globally this fiscal year. Healthy business sentiment, ...
Ebbing Covid impact on economy strengthens Indian banks' operating environment, Fitch saysFitch Ratings reports that the operating environment for Indian banks has improved thanks to the easing of pandemic-related risks. A number...
Domestic demand for tyres to grow 7-9 pc this fiscal: ICRATyre industry revenues (consolidated for ICRA's sample of tyre manufacturers) continue to breach record high levels supported by a growth i...
Domestic tyre sales rebound in JuneThe replacement tyres in all the sectors did well as production cuts by vehicle manufacturers and falling income from job losses and salary...
Satin Creditcare gets $15 million ECB fundingThe first ECB investment in SCNL was by World Business Capital.
- Buy Gabriel India, target Rs 174: Axis Securities
Buy Gabriel India Ltd. at a price target of Rs 174.0 .
Amara Raja Batteries Q3 net profit up 20% at Rs 134 crTotal income during the quarter under review stood at Rs 1,570.22 crore.
Cashless economy has helped local tyre companies substantially: Vivek Kamra, JK TyreVivek Kamra says that we have passed on most of the drop in rubber prices to consumers and a lot of our prices to OEs are indexed so it doe...
Apollo Tyres net profit increases by 11 per cent in June quarterThe company had posted a net profit of Rs 284.4 in the year-ago quarter. Net sales grew 15.9 per cent year-on-year to Rs 3,284.7 crore.
Apollo Tyres declares 200% dividendThe Indian operations of the company clocked 6% growth while the sales in Europe rose 10% from the same period of the previous year.
Apollo Tyres appoints Mathias Heimann to head European OperationsApollo Tyres today appointed of Mathias Heimann as President of Europe & Americas and CEO of Apollo Vredestein.
Overweight on banks and financial names: Dhimant Shah, Principal MFWe feel more comfortable to be slightly overweight on the banks and financial names as opposed to the infrastructure names.
- Exide full-year net jumps 13% to Rs 523 crore; PK Kataky appointed as MD & CEO
Exide Industries board on Monday appointed P.K Kataky, director-automotive, as managing director & CEO with effect from May 1.
- Exide reports Rs 104 crore net profit on Rs 1462
Exide Industries reported a net profit of Rs 104 crore on a net turnover of Rs 1462 crore forQ3 ended December 31, 2012.
- Videocon in talks with Samsung, Sony for LCD supply
Homegrown consumer electronics major Videocon group is in talks with leading international players, including Samsung and Sony, for origina...
- Forging a new future
The development of the forgings industry is intricately linked to the growth of the industrial sector, for instance, that of the automobile...