A non-binding bid for South Korean tyre company Kumho Tire has been made by one of India’s largest tyre manufacturers, Apollo Tyres, according to its Managing Director, Neeraj Kanwar. However, Apollo Tyres still doesn’t know the specifics of the process…
Tag: apollo tyres
Apollo Tyres inaugurates its 2nd global R&D centre in Chennai, India
Apollo Tyres, the world’s 17th biggest tyre manufacturers and one of India’s leading tyre companies, recently inaugurated its Global R&D Centre, Asia located just outside the southern Indian city of Chennai. This is the company’s second global R&D centre, after…
Strike against Apollo Tyres declared as illegal
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.
Strike against Apollo Tyres continues
Workers of Apollo Tyres continue to go on strike as the company continues to refuse giving them their requests.
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 Tyres seeks approval of shareholders to raise US$ 150 million
Apollo Tyres raising a fund worth US$ 150 million to support the company’s plan for expansion in India and overseas.
Apollo Tyres plunges on cartelisation probe
SHARES of Apollo Tyres , India’s largest tyre manufacturer, tanked over 3.5% as CNBC-TV18 reported quoting sources that the Competition Commission of India (CCI) has been probing five big tyre companies for cartelisation. Sources say, competition panel decision on tyre…
Apollo lands in Sri Lanka and the Middle East
TO get a foothold in the Sri Lankan market, India’s largest tyre manufacturer Apollo Tyres has tied up with Ideal Motors, the automotive distribution and marketing arm of Ideal Group. One of Sri Lanka’s fastest growing automotive majors with a…
Apollo Tyres shares get ‘buy’ rating
AS per media reports, tyremaker Michelin announced a 12% increase in truck tyre prices in Africa and India. Apollo Tyres is present in both these geographies. As per an article in Rubber World, Yokohama Tire raised truck tyre prices by…