The Gujarat state government has declared that the strike done by workers of Apollo Tyres is illegal and that if they do not resume to work, the company will go for fresh hiring.
Tag: apollo tires
Apollo Tyres announces Q2 profit
India’s biggest tyre manufacturer and 15th in the world, Apollo Tyres shares its three-fold Q2 earnings that is mainly a result of the dropping natural rubber prices.
Apollo cautious of future but invests in rubber growing
INDIA’S largest tyre maker Apollo Tyres’s revenue in the first quarter grew by 55%. But the company says the continuing all-time high NR prices, along with sluggish growth in some major markets, had a dampening impact on its profitability. Meanwhile,…