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ceat

CEAT lines up ₹1k-cr capex in FY25, flags margin woes

by Adesola Mojo
CEAT lines up ₹1k-cr capex in FY25, flags margin woes

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 …

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Categories Automobile

Italian Racer Lorenzo Camporese Explains What Makes Supercross Special

by Russel Berry
Italian Racer Lorenzo Camporese Explains What Makes Supercross Special

Home Sports EXCLUSIVE | Italian Racer Lorenzo Camporese Explains What Makes Supercross Special Claiming that the Indian Supercross Racing League (ISRL) has a lot of potential to become big, Camporese …

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Categories Sports

IPL Sponsors: Ceat retains IPL ‘strategic timeout’ partnership for Rs 240 crore

by Adesola Mojo
IPL Sponsors: Ceat retains IPL ‘strategic timeout’ partnership for Rs 240 crore

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 …

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Categories Automobile

tyre market: CEAT looks to grab opportunity in replacement tyre market growth fuelled by PV sales

by Adesola Mojo
tyre market: CEAT looks to grab opportunity in replacement tyre market growth fuelled by PV sales

Tyre maker CEAT Ltd is looking to cash in on the growth of passenger vehicles sales in India, which will boost demand in the replacement market going forward, according to …

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Categories Automobile

CEAT forays into steel radial tyres for two-wheelers

by Adesola Mojo
CEAT forays into steel radial tyres for two-wheelers

Tyre maker CEAT Ltd is foraying into steel radial tyres for two-wheelers with an aim to enhance its leadership position in the overall two-wheeler tyre segment and also to help …

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Categories Automobile

CEAT gets GST demand, penalties of over Rs 19 cr

by Adesola Mojo
CEAT gets GST demand, penalties of over Rs 19 cr

New Delhi: Tyre maker CEAT Ltd on Wednesday said it has received GST demand and penalties totalling over Rs 19 crore from tax authorities in Maharashtra and Vadodara. The Additional …

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Categories Automobile

biodiversity loss: Five Indian tyre makers in global top 30 list: ATMA

by Adesola Mojo
biodiversity loss: Five Indian tyre makers in global top 30 list: ATMA

Five Indian companies featured among the top 30 tyre manufacturers globally, according to a report by Automotive Tyre Manufacturers’ Association (ATMA). In the ‘Tire Business Magazine’s 38th Global Tire Report’ …

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Categories Automobile

ceat: 2W replacement tyre demand in rural market yet to see complete revival, festive season offers hope: CEAT MD & CEO

by Adesola Mojo
ceat: 2W replacement tyre demand in rural market yet to see complete revival, festive season offers hope: CEAT MD & CEO

Rural demand for two-wheeler tyres in the replacement segment is yet to see a complete revival but there is optimism that the festive season will give it a fillip, according …

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Categories Automobile

Dalmia Bharat draws closer to taking over Birla Tyres

by Adesola Mojo
Dalmia Bharat draws closer to taking over Birla Tyres

New Delhi: Dalmia Bharat group is set to acquire Birla Tyres after creditors approved their resolution plan that proposes partial repayment of ₹1,100 crore of bank loans of the BK …

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Categories Automobile

birla tyres: Dalmia Group submits revised debt resolution plan for Birla Tyres

by Adesola Mojo
birla tyres: Dalmia Group submits revised debt resolution plan for Birla Tyres

New Delhi: Dalmia Group firms have submitted a revised debt resolution plan for ₹1,100 crore of bank loans of Birla Tyres, which is undergoing insolvency resolution, according to people in …

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Categories Automobile
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