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Over-speeding resulting in tyre bursts key reason for 80 % accidents on Yamuna Expressway.

Posted: October 12, 2017 at 6:22 am   /   Editor's Choice, National, NEWS

The Yamuna Expressway, designated for a seamless drive from Greater Noida to Agra, is proving to be a bane for those who use it for saving time and end up over-speeding their vehicles that in turn result in bursting of tyres. Whether it is Sunday accident in which four students of Galgotia University were killed […]

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TVS TYRES signs up as ‘Co-Presenting Sponsor’ for Hero Asia Cup 2017.

Posted: October 12, 2017 at 6:18 am   /   Editor's Choice, National, NEWS, Tyre Industry

Continuing its association with prestigious sporting events, TVS TYRES, one of the largest manufacturers and exporters of Two & Three wheeler tyres and Off-Highway Tyres in India, has partnered with Hero Asia Cup 2017 as the proud ‘Co-Presenting’ Sponsor of the tournament. Hero Asia Cup 2017 is one of the premier hockey tournaments globally and […]

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Michelin Tyres to double capacity at Chennai plant.

Posted: October 12, 2017 at 6:14 am   /   Featured, National, NEWS, Reader's Choice, Tyre Industry

French tyre major Michelin inaugurated a new production line that would take the company to double it’s plant capacity, a top official said today. The company which had set up it’s facility at Thervoy Kandigai in Thiruvallur district near Chennai had invested about Rs 3,500 crore. “We have inaugurated a new production line today. New […]

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CEAT wins Deming Prize.

Posted: October 12, 2017 at 6:06 am   /   Editor's Choice, Featured, National, NEWS, Tyre Industry

Indian tyre maker CEAT has been awarded the Deming Prize for quality manufacturing. The company said it is the first tyre maker outside of Japan to earn the award. The Deming Prize will be presented in Tokyo on November 8 and recognizes companies that achieve business transformation by implementing Total Quality Management (TQM) practices, CEAT […]

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Apollo Tyres launches share sale to raise up to $229 million.

Posted: October 5, 2017 at 9:30 am   /   Featured, National, NEWS, Reader's Choice

India’s Apollo Tyres Ltd. has launched a share sale to institutions to raise up to 15 billion rupees ($229 million), according to a filing on Tuesday. The company is selling shares at 238 rupees apiece, a 2.5 percent discount to the closing share market price on Tuesday of 244.15 rupees, according to a separate deal term […]

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CEAT Tyres plans to invest Rs 5,000 cr for new plant near Chennai.

Posted: October 5, 2017 at 9:26 am   /   Editor's Choice, Featured, National, NEWS

Tyre major CEAT plans to set up a greenfield plant in Sriperumbudur near Chennai with an estimated investment of Rs 5,000 crore to be spent over three to five years. The company had acquired 163 acres through G Square Group. Sources in the know have said that the company will start with passenger car radial tyres. […]

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Apollo Tyres refute buying Kumho, put an end to speculations.

Posted: October 5, 2017 at 9:22 am   /   Editor's Choice, Featured, National, NEWS

Putting an end to a bout of speculations, Apollo Tyres, officially announced that it hadn’t been contemplating re-entering the bid to acquire Kumho. The statement came from Apollo in the wake of rumours doing the rounds about Apollo re-entering the fray to resume its attempts to buy Kumho tyres, world’s 12th largest tyre maker. Kumho- a […]

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India introduces Chinese anti-dumping tariffs.

Posted: September 27, 2017 at 7:32 am   /   Featured, National, NEWS, Reader's Choice

India’s Ministry of Finance has imposed an anti-dumping duty on truck and bus radial (TBR) tyres imported from China. The duty ranges from $245.35 – $452.33 per ton, according to a notification from the Central Board Excise and Customs (CBEC), and has been applied to “new pneumatic radial tyres with or without tubes and/or flap […]

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Apollo Tyres to set up Rs 525-cr unit in Chittoor.

Posted: September 27, 2017 at 7:30 am   /   Editor's Choice, Featured, National, NEWS

Apollo Tyres, one of the leading tyres manufacturing industries in the country, is gearing up for laying foundation for setting up a plant in Chittoor district of Andhra Pradesh on September 25 or 28. Chief Minister Nara Chandrababu Naidu will the lay foundation for construction of the Rs 525-crore unit, which will manufacture two-wheeler and […]

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Auto Expo to be held from Feb 9-14 2018.

Posted: September 27, 2017 at 7:26 am   /   Automotive, Editor's Choice, National, NEWS

As many as 50 companies, including new entrants like Kia Motors and Kawasaki, are expected to be part of India’s flagship automobile show, the Auto Expo, which would be held between February 9-14 next year. The show would be held at India Expo Mart in Greater Noida, while components show will be held at the […]

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