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Apollo Tyres to invest $340 mn to upgrade facilities

Last Updated: Wednesday, July 02, 2014, 19:23

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.

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

Last Updated: Thursday, May 15, 2014, 15:56

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

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

Last Updated: Wednesday, February 12, 2014, 20:55

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.

Apollo Tyres scrip down over 2% on profit-booking

Last Updated: Wednesday, January 01, 2014, 19:22

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

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

Last Updated: Tuesday, December 31, 2013, 14:56

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.

Apollo Tyres stock surges 12% after Cooper deal collapse

Last Updated: Tuesday, December 31, 2013, 10:54

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.

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

Last Updated: Monday, December 30, 2013, 22:24

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.

Cooper Tire scraps $2.5-billion merger deal with Apollo Tyres

Last Updated: Monday, December 30, 2013, 18:36

US-based Cooper Tire & Rubber Co Monday terminated its troubled USD 2.5-billion merger agreement with India's Apollo Tyres.

Apollo Tyres shares gain nearly 8% on bourses

Last Updated: Tuesday, December 24, 2013, 18:55

Shares of Apollo Tyres on Tuesday soared nearly 8 percent amid hopes it will get a better deal to acquire US-based Cooper Tire & Rubber Co.

Apollo claims victory over Cooper in acquisition spat

Last Updated: Tuesday, December 17, 2013, 14:23

Homegrown tyre major Apollo Tyres Tuesday said Delaware Supreme Court has ruled in its favour in its ongoing spat with US-based Cooper Tire over their proposed USD 2.5-billion merger agreement.

Apollo Tyres up nearly 9% on buzz Cooper Tire losing court bid

Last Updated: Tuesday, December 17, 2013, 12:29

Shares of Apollo Tyres today surged nearly 9 percent amid reports that US-based Cooper Tire & Rubber Co has lost its court bid to force the Indian tyremaker to complete their proposed merger.

Apollo Tyres launches Vredestein brand in India

Last Updated: Thursday, December 05, 2013, 22:12

Apollo Tyres Thursday launched its premium European brand Vredestein to cater to high-end cars and SUVs in India.