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EUROPEAN TYRE INDUSTRY
Ahead of Market: 10 things that will decide stock market action on FridayIndian equities rallied as easing Middle East tensions pushed crude prices lower and dovish Fed remarks boosted sentiment. Sensex gained ne...- India imposes anti-dumping duty on chemical imported from China, EU, USIndia has slapped a five-year anti-dumping duty on a key chemical used in rubber and tyre manufacturing, imported from China, the EU, and t...
- Why market rallied today? Sensex zooms 1,700 points, Nifty closes above 23,600. 4 key factors behind Rs 10 lakh crore gainsSensex and Nifty surged 2% each, adding Rs 10 lakh crore in market cap, as easing oil prices and US-Iran peace hopes boosted sentiment. Bro...
- 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...
- Europe faces pressure to curb surge in cheap Chinese importsEuropean industries face a challenge from cheap Chinese imports. A German tyre firm highlights the issue, stating Chinese products are ofte...
- India-UK FTA to boost competitiveness of local tyre makers in British market: ATMAIndia-UK trade agreement boosts tyre industry. Import duties removal enhances Indian manufacturers' competitiveness in Britain. Automotive ...
- Draft norms issued for four-wheeler tyres to raise fuel efficiencyThe standard will align the tyre performance with regard to their sound emissions, rolling resistance and adhesion performance on wet surfa...
- Road ministry issues draft norms for safer, fuel-efficient vehicle tyres in IndiaThe ministry has proposed this regime for new model tyres from October 1, 2021 and for the existing models from October 1,2022.
- Ceat Tyres launches label-rated tyres in IndiaThe ratings are based on important tyre performance indicators like rolling resistance, wet grip and tyre noise level, the company said in ...
- Busy farms in Europe & US bring Balkrishna a rich export harvestAccording to the data from the Ministry of Commerce, India’s export of agriculture tyres rose by 49% year-on-year to Rs 519 crore in August...
- Don't see an early end to the 'new normal', yet the show must go on: Apollo Tyres CMDApollo Tyres Chairman and Managing Director Onkar S Kanwar, however, said the company is still bullish about the economy bouncing back and ...
- Apollo Tyres Q2 profit falls 43% to Rs 83 cr on weak demand in domestic marketThe company had posted a net profit of Rs 146 crore for the July-September period of 2018-19.
- Apollo Tyres Q3 net profit up 6% at Rs 296 croreNet sales went up by 17% to Rs 3,435 crore in the quarter under review. Earnings before interest, tax, depreciation and amortization (Ebitd...
- 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.
- Apollo Tyres rallies over 1% on expansion plans in HungaryThe company's board has approved the setting up of the facility that will have a total capacity of 5.5 million passenger car and light truc...
- Hungary plant to start rolling out products by 2017: Apollo TyresThe company decided to go ahead with the new plant in Eastern Europe after its failed $2.5 billion takeover of US-based Cooper Tire.
- Shares of tyre manufacturers soar as price of rubber skidsShares of several large tyre manufacturers surged to their highest in a year on Tuesday after the price of rubber, a key raw material, decl...
- Global rubber prices falls to Rs 180/kg due to EU debt woes and Thailand floodsThe declining trend is likely to continue. Tyre companies are now thinking of importing rubber to take advantage of the situation.
- Safeguard duty on key cemical to impact rubber industryThe safeguard duty on the chemical (PX-13 ) is aimed at protecting the domestic industry against a surge in imports causing losses.
- Tyre industry going through huge pressure margins: Neeraj Kanwar, Apollo Tyres"It has been a big concern for us and at the price of 207/kg level, it is totally unsustainable and tyre industry is going through huge pre...
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