Apollo Tyres

Panama Papers: DLF, Apollo Tyres, IndiaBulls deny violating laws

Promoters of corporate houses, DLF, Apollo Tyres and IndiaBulls Monday denied violating laws after being named among 500 Indians in leaked 'Panama Papers' for alleged offshore holdings.

Apr 04, 2016, 20:54 PM IST
DLF, Indiabulls, Apollo Tyres fall on Panama tax documents

DLF, Indiabulls, Apollo Tyres fall on Panama tax documents

Shares of DLF, Indiabulls group firms and Apollo Tyres on Monday plunged by up to 4 percent on reports of leaked documents naming their promoters having associations with firms in tax havens.

Apr 04, 2016, 14:30 PM IST
Apollo Tyres to invest up to $600 million on two plants in FY17

Apollo Tyres to invest up to $600 million on two plants in FY17

Apollo Tyres will invest up to USD 600 million (about Rs 4,000 crore) next fiscal to enhance capacity at its plants in India and abroad

Mar 07, 2016, 15:32 PM IST

Apollo Tyres buys out Germany's Reifencom for euro 45.6 mn

Apollo Tyres has acquired Reifencom GmbH, one of the largest tyre distributors in Germany, for euro 45.6 million (around Rs 301 crore).

Nov 16, 2015, 13:22 PM IST
Corporate Earnings: Top gainers and losers in Q2 results announced today

Corporate Earnings: Top gainers and losers in Q2 results announced today

The major gainers and losers announcing corporate earnings on Friday:

Oct 30, 2015, 16:07 PM IST

Apollo Tyres plans to set up sales unit in Malaysia

Malaysian market presents great potential for all categories of tyres, including for passenger cars, commercial vehicles and the agricultural sector.

May 17, 2015, 15:39 PM IST

Indian entrepreneurs charged with insider trading in US

Two Indian-origin entrepreneurs have been charged by US authorities with insider trading for making over a million dollars in illegal profits through the proposed acquisition of Cooper Tire and Rubber by India's Apollo Tyres.

Apr 03, 2015, 18:17 PM IST

US court dismisses case against Apollo Tyres filed by Cooper

Cooper has also given up all its claims against Apollo.

Dec 24, 2014, 15:41 PM IST

Apollo Tyres Q2 net up about 18%

Apollo Tyres Monday reported 17.52 percent increase in consolidated net profit at Rs 257.94 crore for the second quarter ended September 30, 2014-15 driven by higher exports.

Nov 10, 2014, 21:25 PM IST

US court ruling in Cooper deal vindicates our stand: Apollo

Apollo Tyres Sunday said the judgement of a US court in its favour in the Cooper Tire deal has vindicates its stand that they made exhaustive efforts to complete the deal but US tire manufacturer failed to comply with its contractual obligations.

Nov 02, 2014, 22:33 PM IST

Apollo Tyres appoints Mathias Heimann to head European Ops

Apollo Tyres on Wednesday announced appointment of Mathias Heimann as President of Europe & Americas and CEO of Apollo Vredestein, Enschede, the Netherlands.

Oct 22, 2014, 16:56 PM IST

Apollo Tyres shares gain 6% as RBI hikes FII limit

Shares of Apollo Tyres climbed six percent on Tuesday as foreign investors have been allowed by the RBI to buy up to 45 per cent of the paid-up equity capital in the company.

Oct 07, 2014, 11:00 AM IST

Apollo Tyres to invest 475 mn euros to set up Hungary plant

According to the company, once completed, the plant will have a capacity to produce 5.5 million passenger car and light truck tyres and 675,000 heavy commercial vehicle tyres per annum.

Sep 17, 2014, 21:15 PM IST

Apollo Tyres to invest $340 mn to upgrade facilities

The board approved expansion of the truck and bus radial tyre capacity at the Chennai plant from the present 6,000 tyres per day to 8,900 tyres per day.

Jul 02, 2014, 19:23 PM IST

Apollo Tyres Q4 profit zooms two-fold to Rs 281.62 crore

Apollo Tyres' consolidated net profit doubled mainly on account of increased sales.

May 15, 2014, 15:56 PM IST

Apollo Tyres Dec quarter Net soars 87% to Rs 338 cr

Apollo Tyres Wednesday posted a 87.15 percent increase in consolidated net profit at Rs 338.01 crore for the third quarter ended December 31, helped by benefits accruing from a better product portfolio.

Feb 12, 2014, 20:55 PM IST

Apollo Tyres scrip down over 2% on profit-booking

Shares of Apollo Tyres on Wednesday fell by over 2 percent on profit-booking, cutting short its sharp rally in the previous session.

Jan 01, 2014, 19:22 PM IST

Apollo's failed deal sows doubt on future India M&A

The ambition from Indian mid-sized companies for large debt-fuelled acquisitions abroad was dealt a major setback after the unravelling of a USD 2.5 billion bid by Apollo Tyres to buy Cooper Tire & Rubber Co.

Dec 31, 2013, 14:56 PM IST

Apollo Tyres stock surges 12% after Cooper deal collapse

Shares of Apollo Tyres on Tuesday rose sharply by nearly 12 percent after Cooper Tire & Rubber Co terminated its troubled USD 2.5-billion merger agreement with the Indian firm.

Dec 31, 2013, 10:54 AM IST

Apollo to take legal recourse after Cooper ends $2.5 bn deal

Cooper Tire & Rubber Co Monday terminated its troubled USD 2.5-billion merger agreement with India's Apollo Tyres, which said it will take legal action against the US-based firm.

Dec 30, 2013, 22:24 PM IST