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TYRE BIZ
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...- Goodyear looks to sell India farm tyres biz for Rs 2,500 croreGoodyear Tire & Rubber plans to sell its Indian farm tire business after selling its off-the-road business to Yokohama for $905 million. Th...
- Debt & internal accruals to fund Ceat acquisition of Camso tyre biz from Michelin: Arnab BanerjeeCeat will acquire Camso's tyre and track business from Michelin. This acquisition will boost Ceat's international business. The deal will b...
- Hot Stocks: Brokerages on Orchid Pharma, D-Mart, NOCIL and Chola InvestmentInvestec maintained a buy rating on Orchid Pharma with a target price of Rs 800. The company is set for strong growth over the next 3 years...
- TVS Srichakra to acquire US-based firm; to grow off-highway tyre bizThe company's board of directors approved the formation of a subsidiary in the United States market ahead of the acquisition plan. Super Gr...
- CEAT's international biz, replacement market to see better times ahead: Vice Chairman Anant GoenkaTyre manufacturer, CEAT, is optimistic about the future of its international business and replacement market, with Vice Chairman, Anant Goe...
- Tyre biz cartelisation: NCLAT asks CCI to pass fresh order; review fines to save domestic tyre industryA two-member NCLAT bench comprising Justice Rakesh Kumar and Ashok Kumar Mishra observed that there were errors by DG in the calculation of...
- What pushed CXOs to the edge in Covid world; Over 100 senior execs quit since April 2020ETAuto attempts to find out what prompted the OEMs to make such changes in senior management roles and to bring out a list of over 100 mana...
- IT shares gain, but financial stocks keep D-Street under pressure: Key factors driving the marketFor Nifty, 15,600-15,900 range has held well for some time now. Buying at around 15,600 and selling at around 15,900 have proven to be prof...
- SGX Nifty down 20 points; here's what changed for market while you were sleepingAsian shares fell to one-month lows as investors speculated surging commodity prices and growing inflationary pressure in the United States...
- SGX Nifty up 75 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 76.50 points, or 0.75 per cent higher at 10,323.50, in signs that Dalal Street was headed fo...
- J K Tyre & Industries aims to reduce debt by over 50% in three years, banks on exports and replacement mkt to de-risk bizAlready sitting on a debt of Rs 5000 crore, the company has decided to defer Rs 675 crore investment by a year in Cavendish Industries (a f...
- Kesoram comes off 9% on tyre biz demergerThe turnover of the demerged tyre division is Rs 1,453 crore.
- Tyre Express raises additional seed funds via the IvyCamp platformTyre Express offers IoT-based solutions for vehicle diagnostics and has developed a platform to track and monitor performance of tyres in r...
- Why entrepreneurs change course, try new things and keep starting overToI speaks with seven serial entrepreneurs and find out what makes them tick.
- Mapping the market: Investors lost Rs 2,285 cr in rangebound marketIf you want to compare a stock trading session with a cricket match, Friday’s session would fit into a five-day Test match played with a pi...
- Sensex slips below 24K, down over 300 points; Nifty50 below 7,300The S&P BSE Sensex plunged as much as 368 points to slips below its crucial support level of 24,000 in morning trade on Tuesday.
- Nifty breaches 8,000-mark for first time, Sensex hits new peak; top 20 betsThe Nifty managed to scale past its crucial psychological level of 8,000 for the first time on Monday and the Sensex logged a new peak of 2...
- Sensex under pressure; top 20 intraday trading ideas from expertsThe rupee too extended its fall to near four-and-a-half month low as broad gains in the dollar versus other majors and Asian units hurt.
- Improved product mix drives Ceat Ltd's Q1 net up 125% to Rs 65 croreCeat Ltd, the flagship company of the RPG Group posted an impressive 125% jump in net profit for the first quarter ending June, as the incr...
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