Rubber industry in transition

May 24, 2018 | Market Watch

By A Saj Mathews: The global rubber industry is on the threshold of a take off into more innovative products, applications and processing. While the upstream rubber industry, mainly that of natural rubber (NR), is going through a challenging phase on account of severe...

Tyre Stocks Fall On Budget Blues

Apr 11, 2018 | Market Watch

By Sharad P Matade: Disappointing Budget 2018 proposals, especially 10% capital gains tax on sale of equity shares or equity-oriented mutual funds, dampened the market sentiment even as better GDP figures and corporate results brought some relief to investors In...

Tyre stocks make impressive gains

Mar 7, 2018 | Market Watch

By Sharad P Matade: World Bank report lauding India’s ease of doing business, upgrading of India’s credit rating by Moody’s, buying spree by Foreign Institutional Investors and domestic Mutual Fund houses, impact of the election results of Gujarat and Himachal Pradesh...

IRDF demands 25% duty on tyre imports

Mar 1, 2018 | Market Watch

The Indian Rubber Dealers Federation (IRDF) has demanded to raise the duty for the imported tyres into India to 25%. In order to help the rubber growers to get a higher price, the Federation also wanted to fix a minimum price of Rs 160/kg for RSS grade rubber imported...

TRM develops next-gen retreading equipment ‘Latitude’

Jan 29, 2018 | Market Watch

Italian retread equipment manufacturer TRM has developed a new line of automated retreading equipment named Latitude. It is built around a robotic style buffing machine that is designed to minimize process time, cut labour and increases consistency in buff texture....