No brakes on tyre price hikes likely for now
Mumbai: Tyre prices in the domestic market that have been rising almost every quarter on the back of a steep increase in natural rubber prices in the international markets are …
Mumbai: Tyre prices in the domestic market that have been rising almost every quarter on the back of a steep increase in natural rubber prices in the international markets are …
TNN Ceat is also expanding its PCR (passenger car radial) capacity in its Chennai plant. Tyre major Ceat has embarked on a significant capacity expansion project for its Chennai plant. …
Homegrown tyre major CEAT Ltd expects easing of pressure from high raw material costs in the second half of the ongoing fiscal after being impacted by 15-year high domestic natural …
The Bombay High Court has directed Apollo Tyres Ltd. to stop circulating advertisements that allegedly disparage CEAT Ltd’s car tyre variant ‘Crossdrive AT’ until further order, granting temporary relief to …
Arnab Banerjee, MD & CEO, Ceat, says price hikes will continue because the pass-through to the tyres per se is inadequate if cumulative price hikes from April to August are …
RPG Group company CEAT has outlined a capital expenditure of ₹1,000 crore for the current fiscal even as it sees margin pressure continuing for another quarter due to consistent increase …
Tyre stocks have been enjoying an upward rally in the past few months. Major players like Apollo Tyres and JK Tyres have enjoyed a surge of nearly 16% on the …
Equity indices retreated from a record high on Friday as investors resorted to profit booking. The 30-share Sensex dropped 733 points to settle at 73,878 and Nifty declined 172 points …
Tyre manufacturer Ceat has announced its sponsorship of certain segments of IPL matches, marking an investment of about Rs 240 crore over five years. The Board of Control for Cricket …
According to CFO, Kumar Subbiah, overseas export growth is an important priority for Ceat. Exports are 18-19% of revenue share. Three years back, it used to be about 10-11%. So, …