Month: April 2016

JK Tyre completes Cavendish Industries acquisition

Indian tyre manufacturer JK Tyre and Industries announced on Monday that they have completed the acquisition of Cavendish Industries Ltd. (CIL) at an enterprise value of Rs 2,200 crore. JK Tyre announced in September 2015 the signing of an agreement…

Old tyres used to fight the spread of Zika

As part of the ongoing fight to fight the spread of Zika virus, a Canadian-led research team has repurposed old tyres to create a do-it-yourself mosquito trap that was dubbed ovillanta. “Llanta” is one word in Spanish for tyre. These…