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Apollo Tyres News

05 Feb 2022

Tata Power and Apollo Tyres join forces to build EV charging stations in India

Together, Tata Powers and Apollo Tyres will establish EV charging stations In addition to finding EV charging stations, drivers can also pay bills online Tata Power's EZ Charge brand provides EV charging points in over 200 cities

04 Apr 2016

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.

Panama Papers leak

04 Apr 2016

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.

07 Mar 2016

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

16 Nov 2015

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).

30 Oct 2015

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

The major gainers and losers announcing corporate earnings on Friday:

17 May 2015

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.

Indian entrepreneurs

03 Apr 2015

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.

24 Dec 2014

US court dismisses case against Apollo Tyres filed by Cooper

Cooper has also given up all its claims against Apollo.

10 Nov 2014

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.

02 Nov 2014

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.

22 Oct 2014

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.

07 Oct 2014

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.

17 Sep 2014

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.

02 Jul 2014

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.

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