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One of India’s largest passenger and commercial tyre makers, JK Tyre & Industries has registered an increase of over two-fold in its Q3 net profit recently. The company told that its net profit stood at INR. 26.89 crore at the end of Q3 on 31st December, 2018. This is an increase of INR. 11.32 crore … Continue reading

In a major event recently, some of the tyre majors of the country such as JK Tyre, MRF, Apollo and CEAT are under scanner for the possible misuse of provisions related to Goods and Services Tax (GST). Authorities are also probing if there were also instances of evasion of taxes in some cases. As per … Continue reading

Leading Indian tyre manufacturer, MRF, recently reported a loss of 18 percent in standalone net profit at the end of the quarter ended on 31st December, 2018. The profit stood at INR. 279.26 crore and it is learnt that the loss was incurred due to the overall increase in the expenses. The Chennai-based company had … Continue reading

Maxxis India, a sub-company of Maxxis Group and Lets Ryde, a Delhi-based motorcycle rental and tour adventure company recently granted #License To Freedom certificate to 10 women riders who enrolled for the first batch of women’s rider training programme. These women were granted certificates after successfully completing the beginner course of ‘Motorcycle Rider Training Program’ under Maxxis … Continue reading

More than 2000 visitors registered at Maxxis Tyres booth to know about its products and various schemes Maxxis received enquiries from dozens of dealers from Gujarat Surat, January 29, 2019: In the ongoing Surat Auto Expo in Gujarat, Maxxis India, which is a sub-company of Maxxis group, credited of being the world’s fastest growing tyre … Continue reading

One of the leading Indian tyre manufacturers CEAT has recently reported a dip of 36 percent in its consolidated net profit for the quarter that ended in December 2018. Its net profit stands at INR 52.24 crore. The company had posted a net profit of INR 82.10 crore during the same period of the last … Continue reading