For now, the bets on the Street are in favour of improving profitability of tyre firms in the coming quarters as the pros outweigh the cons
2 min read21 Nov 2017Since the removal of anti-dumping duty in 2015, cheap Chinese tyre imports have been the biggest threat to domestic firms' revenue growth and profitability
2 min read22 Sep 2017In the passenger car segment, the number of containers of tyres imported has fallen in the last three months
1 min read18 Apr 2016Local makers of truck, bus radials pare prices, introduce tyres without warranty to counter the avalanche of imports
4 min read20 Feb 2016Imports have been rising over the last two years because global rubber prices have been significantly lower than domestic prices
1 min read8 Mar 2015If any cartels were found, fines of as much as 10% of a company's revenue or profit could be imposed
2 min read12 Feb 2015India's top six tyre-makers by value are forecast to see average revenue growth of 11.8% in the fiscal year, says Thomson Reuters
2 min read7 Apr 2014Both companies are set to initiate legal action against each other to claim the penalty. The uncertainty on that could cap the upside in the stock
1 min read1 Jan 2014Rubber prices plunge by about 22% after having scaled a 52-week high of `195 in early August
1 min read27 Nov 2013China’s tyre industry is estimated to witness a rapid 10% compounded annual growth rate until 2020
2 min read2 Apr 2013The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared