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Nordic Market Will Fare Well For Premium Tyres: Citira
August 21, 2025
Pirelli and Citira have entered a long-term strategic partnership aimed at enhancing their market presence in Sweden. As part of the deal, Citira will acquire Dackia AB that has a network of 102 retail outlets from Pirelli.
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MRF Q1 Profit Falls 12% Despite Revenue Growth As Input Costs Bite
August 19, 2025
MRF Limited reported a 12% decline in Q1 consolidated net profit to INR 5 billion, as higher input costs overshadowed revenue gains. While total income rose 7% year-on-year to INR 70.82 billion, profit before tax slipped to INR 6.7 billion. The company ci
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TVS Srichakra Subsidiary Invests INR 600 Mln In Sensing Solutions Unit
August 19, 2025
TVS Srichakra Limited, through its subsidiary TVS Srichakra Investments Limited, has invested nearly INR 600 million in TVS Sensing Solution Private Limited via a rights issue. The move ensures TSIL maintains its shareholding while supporting TVSSSPL’s
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Powering The Global Shift To Mobile Tyre Service
August 18, 2025
In an unassuming Dutch town near the port of Antwerp, a quiet revolution in tyre service is underway. Roosendaal may not be the first place one associates with automotive innovation, but it’s the operational base of a company shaping how tyres are servi
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Epsilon Carbon Appoints Munish Bakshi As VP – Marketing & Sales For Carbon Black Business
August 17, 2025
Epsilon Carbon, one of India’s leading coal tar derivatives companies and India's only backward-integrated company with a dedicated source of raw materials, has appointed Munish Bakshi as Vice President – Marketing & Sales for Carbon Black business. T
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NEXEN TIRE Reports Record Q2 Revenue as European Expansion Drives Growth
August 15, 2025
NEXEN TIRE posted a record second-quarter 2025 revenue of USD 605 million, marking its second straight quarterly high, driven by expanded European production, strong US recovery, and growth in Asia-Pacific. Operating profit reached USD 32 million despite
