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OFF HIGHWAY TYRES
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunitiesDipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging ...- Stocks in news: Suzlon Energy, Wipro, Hindalco, ICICI Bank, Eicher MotorsIndian markets closed with small gains amidst a volatile week. Investors will watch global economic news and policy comments. The RBI's div...
- Ceat targets 20% margins, $1 billion revenue from Camso acquisitionCeat Tyres is set to achieve significant growth through its Camso acquisition. The company aims for operating margins up to 20% and a $1 bi...
- Himachal car crash: Viral teary-eyed reel of victim surfaces after car falls into 200-foot gorge in UnaTwo men from Ludhiana died tragically after their car plunged into a 200-foot gorge and caught fire in Himachal Pradesh's Una. One victim, ...
- ET Family Business Awards: Off the beaten highway, A ticket to ride in 160 countriesBalkrishna Industries Ltd, or BKT, is a major player in the global off-highway tyre market. Exports are crucial, driving significant revenu...
- Balkrishna Industries to invest Rs 3,500 crore for expanding on-highway tyre portfolioBalkrishna Industries Ltd (BKT) has entered the domestic consumer tyre market, launching its On-Highway portfolio for two-wheelers and comm...
- 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...
- Ceat expects Camso integration to boost its topline by 10-15%Ceat anticipates a 10-15% revenue boost following the integration of Camso, acquired from Michelin for USD 225 million. This acquisition pr...
- Stellar Start! Emerald Tyre Manufacturers shares list at 90% premium over IPO priceEmerald Tyre Manufacturers' shares debuted strongly on NSE SME, opening 90% above the issue price at Rs 180.50. The oversubscribed IPO, com...
- Higher share of off-highway tires business to boost overall business margins: Anant GoenkaCeat's acquisition of Michelin's off-highway tyre (OHT) brand Camso for $225 million is projected to boost Ceat's margins. The deal will in...
- Ceat to acquire Michelin's Camso brand for USD 225mnCamso is a Canadian brand that makes tyres for tractors, harvesters, bulldozers and other off-highway vehicles which command higher margins...
- CEAT inks pact with Michelin to acquire Camso brand's OHT, tracks biz for about $225 mnCEAT is acquiring Michelin's Camso off-highway tire (OHT) and tracks business for $225 million. This acquisition gives CEAT a global presen...
- MS Dhoni signs on as brand ambassador for Eurogrip TyresEurogrip Tyres announced on Thursday that cricket icon Mahendra Singh Dhoni has been named their brand ambassador. Dhoni will represent the...
- TVS Srichakra to acquire SG Acquisition Corporation for USD 3 mnTVS Srichakra Ltd said SG Acquisition Corporation will subsequently assume and take over assets, liabilities and business operations of Sup...
- 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...
- Yokohama to invest additional $171 million to double capacity of upcoming Vizag plantThe initial plan for the Visakhapatnam plant, which is underway now with the steel structure being erected, was 137 tonne per day capacity ...
- Off-highway tyre maker Alliance Tire to invest Rs 1,240 crore in third plant at VisakhapatnamThe proposed $ 165-million plant will add over 20,000 tonnes per annum (55 tonne per day rubber weight) capacity to the 2.3-lakh-tonne annu...
- Balkrishna to retain edge on higher volume, rupee fallThe Street has been penciling in EBITDA margin of 30 per cent for the next two fiscal years.
- Yokohama Rubber-Alliance Tire Group deal gets CCI nodKKR is the majority stakeholder in ATG and the rest is held by International Finance Corporation along with other entities.
- Balkrishna Industries: A long-term bet after the recent correctionBalkrishna Industries is also working towards increasing its global market share in the off -highway tyres (OHT) from 5% to 8% in the next ...
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