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Iran war saddles global companies with $25 billion bill and countingGlobal companies face significant financial strain due to the U.S.-Israeli war with Iran. Businesses are grappling with escalating oil pric...- CEAT shares rally 12% after Q4 net profit soars 145% to Rs 244 crore. Should you buy?CEAT shares surged over 12% after reporting a remarkable 145% jump in Q4 FY26 net profit to Rs 243.85 crore. Revenue also saw a significant...
- Apollo Tyres reports net profit of Rs 12.8 cr for Q1Apollo Tyres on Thursday posted a consolidated net profit of Rs 12.8 crore for the June quarter on one-time expense of Rs 368.5 crore for t...
- JK Tyre Q4 Results: Profit rises nearly three-fold to Rs 1.08 billionJK Tyre & Industries Ltd's fourth-quarter profit rose nearly threefold as raw material costs fell and domestic demand saw a boost. The tyre...
- Apollo Tyres sheds 5% amid $900 million Kumho bid newsIf the Indian company is successful in its bid, the deal will create a tyremaker that will rank among the top seven in the world with stron...
- CEAT surges 4% as co announces tyre distribution deal with PirelliPirelli is set to offer its entire gamut of motorcycle tyre products under the arrangement.
- Rubber imports jump over 80 per cent in AprilApril shipments rose to 26,445 tonnes from 14,396 tonnes in the same period last year, the Rubber Board said in a statement.
- US court dismisses Cooper Tire’s plea in Apollo deal caseCooper Tire & Rubber Co on Monday lost its court bid to force Apollo Tyres Ltd to complete their proposed $2.3 billion merger.
- Short supply forces tyre companies to import rupee-hit rubberTyre industry is still relying on natural rubber imports as domestic production is yet to reach full swing after the heavy monsoon.
- MRF Q1 net jumps 60% on higher sales, lower costsIndia's top tyre-maker MRF Ltd said its first-quarter net jumped 60%, helped by higher sales and lower raw material costs.
- Domestic rubber prices surge above Rs 200/KgRubber prices have rebounded to above Rs 200 per kg in the local market as tyre manufacturers step up procurement spurred by higher automob...
- MRF says Kerala plant lock-out ends; stock upTyremaker MRF said a lock-out at its plant in the southern state of Kerala has been lifted effective Friday morning.
- Apollo Tyres net dips 27% to Rs 192 croreDuring the quarter ended March 31, the tyremaker net sales rose 27% to Rs 2,730 crore, over the corresponding quarter last fiscal.
- Continental AG set to acquire Modi Rubber's tyre unit; stock upGerman tyremaker Continental AG is acquiring Modi Rubber's tyre unit, Modi Tyres Company Ltd, Continental said on Monday.
- ‘Tyre industry is in turbulent times’Prices of natural rubber, a key input for making tyres, have peaked.
- Tyre companies' margins may shrink on high input costsIndian tyre companies are likely to face a dent in their margins in the coming quarters due to the unabated rise in rubber prices over the ...
- Bridgestone to shed 875 jobs in Australia, New ZealandBridgestone will shed nearly 900 jobs in Australia and New Zealand as it closes manufacturing plants.
- DGAD for anti-dumping duty on tyre-making equipment from ChinaIn yet another case of anti- dumping duty, India is considering an extra levy of up to 15 per cent on the import of tyre-making equipment f...
- Bridgestone to shed 800 workers in USJapanese tyremaker Bridgestone Corp is shedding about 800 jobs in the United States to cope with weaker demand.
- Promoters now offer Rs 91/share for FIs’ stake in Modi RubberPromoters of Modi Rubber have offered to buy out financial institutions’ holding in their company at Rs 91 per share, twice what was offere...
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