News

One of India’s leading tyre manufacturers, CEAT Tyres, has recently launched its new Gripp X3 range of tyres in the country for motorcycles. The Italian company claims to have designed these tyres with the latest Dual Compound Technology that will give a stronger grip on the roads. According to the sources, the Dual Compound Technology … Continue reading

Maxxis is in the process to cross 600 dealer mark in South India. Last year, in November, the tyre maker set a record of onboarding 1,000 dealers in India.   Maxxis India, a subsidiary of Maxxis Group, the world’s 9th largest tyre manufacturer, recently conducted its dealers’ meet in the second most populous city of Andhra … Continue reading

The loveliest day of the year calls for celebration seven days prior with ‘Valentine week’ aka ‘Love week’. Each day of this week provides an opportunity to showcase your affection for someone you love the most on this planet. However, what if, in the parallel universe of bike enthusiasts the very adorable and first love … Continue reading

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