Ceat to make 2-wheeler tyres, to invest Rs 1,200cr in new unit

The company will be investing Rs 400 crore in Phase 1.

Ceat to use Rs 500 crore fund raising to finance ongoing projects

Tyre maker Ceat, which plans to raise up to Rs 500 crore through issue of securities, will use majority of the fund to finance expansion of its ongoing projects in Bangladesh and Gujarat.

Higher wages, ad cost pull Ceat net down 21%

Tyre maker Ceat Tuesday reported 21 percent decline in consolidated net profit at Rs 51.66 crore for the April-June quarter because of increase in wages and higher advertisement cost.

Ceat Q4 net profit soars 33%; up over 6-fold in FY'13

Tyre maker Ceat Tuesday reported 32.83 percent increase in consolidated net profit at Rs 64.90 crore for the fourth quarter ended March 31, 2013.

Ceat forms JV with Bangladesh co; to invest $67 million

The facility, which will come up at the investment of USD 67 million, is expected to be functional by December 2014, Ceat said in a statement.

Ceat appoints Anant Goenka as Managing Director for 5 years

Goenka, currently is the Deputy Managing Director of the company, Ceat said in a statement.

Ceat Q3 net profit down 52% due to labour unrest

Tyre maker Ceat on Tuesday reported 52.30 percent decline in net profit for the quarter ended December 31, at Rs 2.39 crore due to labour unrest at its Nashik facility.

Ceat Q2 net profit dips 63% on high interest cost,depreciation

Tyre maker Ceat on Thursday reported 63.26 percent decline in net profit at Rs 5.61 crore for the quarter ended September 30, due to higher interest and depreciation cost.

Production hit at Ceat Nashik unit as workers's stir continues

Production at Ceat's Nashik plant was hit by workers' strike which entered the fourth day on Monday.

Ceat hopes strike at Nashik plant will end soon

Even as the strike at the Nasik plant of Ceat Tyres entered its third day on Sunday, the company has expressed hope that it will be able to resolve the crisis soon.