• Sumitomo Rubber Acquires US-Based AI Startup Viaduct

    September 02, 2025

    In a strategic move to advance its digital mobility services, Sumitomo Rubber Industries has finalised an agreement to acquire US-based AI startup Viaduct, Inc. for USD 104 million. This acquisition, signed on 27 August, is a direct result of a successful

  • ATMA Urges GST Cut On Tyres To Lower Logistics Costs

    September 01, 2025

    India’s Automotive Tyre Manufacturers Association (ATMA) has requested Finance Minister Nirmala Sitharaman to reduce GST on tyres from 28% to 5%, highlighting the move’s potential to cut logistics expenses, ease costs for farmers, and support infrastr

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