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What made Balkrishna Industries surge 40% in 3 sessions

“These are an exceptional set of numbers from Balkrishna Industries. The only issue is whether it can sustain these numbers going forward. "
Posted: December 2, 2016, 3:35 pm
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Automotive tire-pressure monitoring market to grow over 6% by 2024

The market for automotive TPMS in North America is relatively larger than other regions. However, the APEC automotive TPMS market is expected to overtake and emerge as the leading market by the end of 2024.
Posted: December 1, 2016, 12:56 pm
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Robust sales figures from Apollo, Ceat lift tyre co stocks

Apollo's confident projections in a conference call drove up tyre stocks and stoked investor interest after days of downbeat projections. Shares of key tyre makers rose 2-5% with Apollo climbing 3.9% to Rs 191.MRF rose 1.6% to Rs 49,899, while Ceat was up 4.9% at Rs 1,272.
Posted: December 1, 2016, 8:02 am
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Centre mulls institute of excellence for rubber, tyre sector

The institute is being planned on the lines of Central Institute of Plastics Engineering and Technology (CIPET) in case of Plastics and Footwear Design and Development Institute (FDDI) in case of leather industry.
Posted: November 24, 2016, 12:19 pm
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TBR Import from China increases; Indian manufacturers seek safeguard duty

Import of TBRs has crossed the level of 1.4 lakh units per month in FY2016-17 from 40 thousand units per month in FY2013-14 an increase of about 400% in three years.
Posted: November 21, 2016, 7:35 pm
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Karnataka CM promises to resolve Falcon Tyres workers' problems

This came after they staged a protest in front of his residence in Sharadadevi Nagar, demanding that the factory be reopened.
Posted: November 21, 2016, 2:33 pm
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Michelin becomes retread supplier to UK's commercial fleet provider

The four-year deal will see Michelin supply about 20,000 Encore-brand truck tyres a year from its factory in Stoke-on-Trent.
Posted: November 19, 2016, 5:55 pm
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Tyre industry, Infosys join hands for road safety

Tyre companies which participated at the Infosys Chennai drive included Apollo Tyres, Birla Tyres, Bridgestone, Ceat, Continental, Goodyear, JK Tyre, Michelin, MRF, TVS Tyres and Yokohama.
Posted: November 18, 2016, 6:35 pm
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Goodyear India wins award for excellence in corporate governance

The Golden Peacock Awards, instituted by the Institute of Directors (IOD), India in 1991, are regarded as a benchmark of Corporate Excellence worldwide.
Posted: November 18, 2016, 6:16 pm
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Apollo Tyres in race to acquire Kumho Tire in a $900 million deal

If the Indian company is successful, the deal will create a tyre maker that ranks among the top seven with a strong presence in the US and Europe.
Posted: November 14, 2016, 9:26 am
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