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Families to file complaint with IFC over rubber plantations

Some of the hundreds of families losing land and community forest to Vietnamese-owned rubber plantations in Cambodia’s northeast will this week file a complaint with the International Finance Corporation (IFC) over the investment it has made in the plantations’ parent…

MRF profit drops to Rs.179.89 crore in December quarter

Tyre maker MRF Ltd’s latest quarter profit came in much below estimates mainly as rising employee costs ate into gains from declining raw material expenses. Net profit dropped to Rs.179.89 crore in the three months ended December from Rs.180.22 crore…

Multi-million pound pledge puts new spin on tyre tests

Up 100 new jobs are set to be created after a Bicester firm won a multi-million pound contract for its inventive tyre-measuring technology. Sigmavision’s TreadReader, an automatic tyre inspection system that spots worn tyres, can be fixed into drive-over ramps…