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JK Tyres lines up Rs 4,900 crore capex plan till FY30JK Tyre plans a massive 4,900 crore investment by FY30 to expand its production capacity. This significant outlay signals strong confidence...- JK Tyre charts Rs 4,900 crore capex to scale up capacity by 24% through FY30JK Tyre has planned a Rs 4,900 crore capital expenditure through FY30 to expand production capacity by nearly 25%. The company reported str...
- 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...
- Lyft to buy Gett’s UK taxi business, marking its third international acquisitionLyft is expanding its global reach by acquiring the UK business of London black cab app Gett. This move significantly boosts Lyft's driver ...
- Continental puts brakes on truck-bus radial tyre biz in IndiaContinental will discontinue its truck and bus radial tyre business in India, including its Modipuram plant, by June 2025, due to intense c...
- Ceat to expand Chennai plantCeat is also expanding its PCR (passenger car radial) capacity in its Chennai plant. "Currently PCR capacity is 20,000 units a day and as p...
- AAP govt has instructed officials to not take direct orders from Delhi LG: SourcesThe AAP government has directed officials to stop taking direct orders from Delhi LG VK Saxena, sources said on Friday. The development com...
- JK Tyre raises Rs 200 crore via preferential issue of shares to promoter groupThe shareholders had approved allotment of 1,94,17,400 equity shares of Rs 2 each at a premium of Rs 101 to the promoter group.
- Revival of CV demand to lift margins of JK TyreJK Tyre is investing Rs 275 crore in the brownfield expansion of Cavendish for truck bus radial (TBR) tyres.
- Multibagger hunters, watch this! 8 stocks from this sector have just soared and soaredFrom 11-listed tyre segment, eight have more than doubled investor wealth since August 2012.
- Tyre companies could post better numbers ahead: AnalystsIn its investigations, the DGAD found that dumping margins for Chinese firms has been up to 40%.
- DGAD recommends anti-dumping duty on truck and bus radial import from ChinaThe authority has recommended imposition of anti-dumping duty on exporter-specific basis in its report and ranging from $245.35 to $452.33 ...
- Outlook changing for tyre makers fast: Stocks have more steam leftSliding oil prices and a correction in rubber would lift investor confidence on tyre cos.
- Wider product range lifts JK Tyre; cutting debt to helpIts volume growth in the truck bus radials (TBR) segment was 44% in the first eight months of FY17 compared with the industry growth of 20%.
- Radial tyre sees import surge, industry seeks anti-dumping dutyIn April-September period of this fiscal, 8.45 lakh TBR tyres landed in India compared with over 6.56 lakh in the corresponding period a ye...
- Tyre import up in Apr-May, ATMA calls for anti-dumping dutyIn April-May period of this fiscal, 2.8 lakh TBR tyres have landed in India compared with over 1.8 lakh in the corresponding period a year ...
- ATMA seeks anti-dumping duty on Chinese tyres as imports surgeMost of the import of TBR in India is from China, whose share has more than doubled to 90 per cent in 2015-16 from 40 per cent in 2013-14, ...
- Lieutenant Governor a lighthouse, his approval required to implement decisions: CentreLieutenant Governor is akin to a "lighthouse" without whose approval no ship can enter the harbour, the Centre today told Delhi High Court.
- Shares of tyre makers fall up to 24% since June 1 on Chinese import concernsCeat has plunged 24 per cent, Apollo Tyres is down 16 per cent, MRF is 10% lower, and Dunlop has declined 9% in the period.
- Truck and bus tyre imports rise 60 per cent in 2014-2015: Automotive Tyre Manufacturers’ AssociationRoughly 25 per cent of domestic replacement demand for TBRs is being met by imported tyres, according to Automotive Tyre Manufacturers’ Ass...
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