Support for the Nifty is shifted up to 11,400, which should be kept as a stop loss in long positions. The upside target for Nifty is seen at 11,800 odd levels
Factors helping capacity utilisation include encouraging domestic replacement demand in passenger vehicles, two-wheelers and the farm segment, and a drop in imports
CEAT Tyres announced its foray into the personal protective equipment (PPE) segment with the launch of anti-pollution S95 mask, GoSafe, amid an increasing number of Covid-19 cases in the country
DGFT, vide its June 12 notification, has placed import of major tyre categories in the 'restricted' category from the 'free' category earlier.
The company has resumed operations at most of its factories with easing in lockdown restrictions, and is gradually witnessing pick up in demand as well, Kumar Subbiah, CFO of CEAT said
Brands are turning to women cricketers also as part of a larger shift in the advertising narrative.
15-20% of output from new plant will be exported. company is already selling to 90-plus countries
The company had posted a profit of Rs 52.25 crore in the same period a year ago, Ceat said in a regulatory filing
The company uses humour to pitch itself as a workplace with a difference
Leading tyre maker Ceat is focusing on expanding presence in the car tyre segment as cars remain the fastest growing segment of the industry year after year. Anant Goenka, managing director, tells Ajay Modi, how things have changed post GST and prices of rubber remain stable. Goenka, whose company bagged the global Deming Award for quality, says Ceat will focus on a sustained improvement in products to expand market share. Excerpts:Q)How has the company's business changed post GST? Do you see any changes in logistics system? A)Dealers had destocked when GST was introduced and post introduction they were adjusting to the new system and from September onwards things have started to stabilise. If you look at just one quarter, there is more disruption than gain. In the long-term there will be positive. We see a 10 to 15 per cent productivity improvement in logistics. We are directly present in the transportation industry so if inefficiency of trucks at octroi nakas or the check naka goes .
Highlights the perils two-wheeler riders face during monsoon, urges them to opt for dependable pair