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Business News/ Companies / Companies News Today highlights on December 8, 2024: Can Camso transform tyre maker Ceat into a high-margin business?
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Companies News Today highlights on December 8, 2024: Can Camso transform tyre maker Ceat into a high-margin business?

8 min read . Updated: 08 Dec 2024, 07:18 PM IST
Livemint

Companies News Today highlights on December 8, 2024: Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed insights on mergers, acquisitions, financial results, and leadership changes that are shaping the business landscape across industries.

Companies News Today Live Updates: Can Camso transform tyre maker Ceat into a high-margin business?Premium
Companies News Today Live Updates: Can Camso transform tyre maker Ceat into a high-margin business?

Companies News Today highlights: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations. Whether you're an investor, a business professional, or simply interested in the dynamics of various industries, our reports offer a deep dive into the developments that shape the economic landscape. From startups to established giants, we bring you the news that matters to help you make informed decisions in a rapidly changing business environment.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

08 Dec 2024, 07:18:56 PM IST

Company News Today Live: Can Camso transform tyre maker Ceat into a high-margin business?

  • On Friday, RPG Group company Ceat said that it has entered into a definitive agreement with the French tyre maker Michelin to acquire its Camso brand's off-highway tyres and tracking business for $225 million (about ₹1,905 crore). The deal also includes two manufacturing plants in Sri Lanka.
Read the full story here

08 Dec 2024, 06:35:39 PM IST

Company News Today Live: What can cats and dogs do for Godrej Consumer?

  • In August, Godrej Consumer said it would enter the niche, import-driven pet products market with a ₹500 crore investment. Thus far dominated by Mars Inc., owner of iconic brands Pedigree and Whiskas, the market may be ready for a disruption, some say.
Read the full story here

08 Dec 2024, 05:33:11 PM IST

Company News Today Live: ‘Ola toh Ola hai, Chetak shola hai’: Rajiv Bajaj takes dig at Ola Electric

  • Two-wheeler manufacturer Bajaj Auto's CEO Rajiv Bajaj calls out Ola Electric after winning the Outstanding Company of the Year 2024, by CNBC-TV18 India Business Leader Awards 2024.
Read the full story here

08 Dec 2024, 05:29:42 PM IST

Company News Today Live: Lemon Tree eyes co-branding alliances with international hotel chains

  • Lemon Tree Hotels is set to capitalize on rising demand in India, focusing on premium pricing, and plans to list its arm Fleur Hotels. Chairperson Patanjali G. Keswani favours partnerships with international chains and a substantial increase in hotel room inventory for growth.
Read the full story here

08 Dec 2024, 05:20:12 PM IST

Company News Today Live: Why Disney is plowing cash into a Cruise Line expansion

  • Entertainment titan plans to launch seven new cruise ships by 2031, looking to overseas markets far from theme parks.
Read the full story here

08 Dec 2024, 04:59:40 PM IST

Company News Today Live: Bribery a way of life: 66% businesses in India paid bribes to govt officials in last 12 months, claims survey

  • The survey report said that 54 per cent business firms were forced to pay bribes while 46 per cent paid voluntarily to expedite the compliance process.
Read the full story here

08 Dec 2024, 04:46:35 PM IST

Company News Today Live: Akasa Air pulls off a surprise, launches codeshare with Etihad

  • With the deal, Akasa Air can deploy additional capacity to Abu Dhabi, helping strengthen its international presence, increase utilization, and corner rights where they are still substantially available, unlike other places.
Read the full story here

08 Dec 2024, 01:06:16 PM IST

Company News Today Live: Poonawalla Fincorp CTO Dhiraj Saxena steps down over ‘harassment, unnecessary interventions' of CHRO

  • He claimed these issues created unrest within the IT team and affected overall delivery.
Read the full story here

08 Dec 2024, 11:52:40 AM IST

Company News Today Live: Easy Trip Planners enters into definitive agreements for investments in Pflege, Jeewani Hospitality, Planet Education

  • Easy Trip Planners had announced three strategic acquisitions - 49% stake in Pflege, a 50% stake in Jeewani Hospitality, and a 49% stake in Australia’s Planet Education.
Read the full story here

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