E-PaperNeeraj Kanwar News
Warburg Pincus subsidiary to invest $150 mn in Apollo Tyres
Emerald Sage Investment agreed to purchase compulsorily convertible preference shares in the firmApollo Tyres issued 108 mn CCPS of face value of ₹100, which carry a dividend of 6.34% per annum
2 min read26 Feb 2020Apollo Tyres’ Onkar, Neeraj Kanwar agree to 30% salary cut
The decision follows the Apollo Tyres AGM on 12 September, when minority shareholders rejected Neeraj Kanwar's reappointment as MD amid claims of high salary amid moderating financial performance
2 min read14 Nov 2018Apollo Tyres’ Onkar, Neeraj Kanwar saw salary rise even as profits fell
Apollo Tyres promoters Neeraj Kanwar and his father Onkar Singh Kanwar drew 42.75 crore and 45 crore salary, respectively, in fiscal 2018
3 min read11 Oct 2018Apollo Tyres board to seek shareholders’ guidance for MD salary
Apollo Tyres board would seek shareholders' guidance and independent counsel regarding the compensation for its managing director Neeraj Kanwar
1 min read3 Oct 2018Apollo Tyres’ investors peeved at rising wages of top brass even as profits fall
A 27% vote against the reappointment of Neeraj Kanwar, vice-chairman and managing director of Apollo Tyres, is reckoned to be on grounds of high remuneration despite falling profits over the last couple of years
1 min read1 Oct 2018Apollo Tyres’s Neeraj Kanwar eyes US market again, 3 years after Cooper fiasco
Apollo Tyres MD Neeraj Kanwar puts together a small R&D team, hires business head for North America to make inroads in the world's biggest tyre market
2 min read21 Sep 2016Apollo tyres to invest ₹ 5,800cr over next 5 years
Apollo Tyres to invest `5,800 crore in Hungary as vice chairman and managing director, Neeraj Kanwar aims for organic growth to expand the business
23 Dec 2014Neeraj Kanwar’s pursuit of building a global company
Failed acquisition of Cooper Tire hasn't deterred Apollo Tyres' Kanwar from seeking to invest a little under $1 bn over five years in Hungary and India
6 min read23 Dec 2014Apollo Tyres’ Neeraj Kanwar goes back to the drawing board
Kanwar had a Plan B before his company Apollo Tyres signed on to buy Cooper Tire last year
7 min read3 Mar 2014Apollo’s Kanwar enters big league of Indian business leaders
Apollo Tyres’ move to acquire Cooper Tire for $2.5 bn is the latest big-ticket buy by an Indian firm in recent years
9 min read17 Jun 2013Popular Topics
Budget
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