Famous Indian cricketer M S Dhoni is set to represent Eurogrip Tyres as their new brand ambassador. CEAT, one of India's leading tyre manufacturers, has launched a new line of truck and bus tyres in Chennai and is aiming to ease the pressure from high rubber prices. Metro Group, a construction company, has introduced a new Construction Tracker in Thane to improve efficiency and productivity. JK Tyre has also partnered with Vertelo to focus on electric vehicle fleet mobility in India.
CEAT, Michelin, Camso, Sri Lanka RPG Group: Industry Giants in Focus
The tire industry in India and Sri Lanka has witnessed significant developments recently, with major players strengthening their presence and exploring new opportunities. Let's delve into the latest headlines and provide in-depth information about each company.
CEAT's Expansion and New Product Launches
CEAT, one of India's leading tire manufacturers, has been making strategic moves to expand its market reach and product offerings.
Michelin's Continued Focus on Innovation
Michelin continues to invest heavily in research and development to enhance its tire performance and offerings.
Camso's Strong Performance and Growth
Camso, a leading manufacturer of off-road tires and tracks, has been experiencing strong growth in recent years.
Sri Lanka RPG Group: A Growing Conglomerate
Sri Lanka RPG Group is a diversified conglomerate with operations in various sectors, including tire manufacturing.
Top 5 FAQs and Answers on Tire-Related Current and Past Events
1. Why did Eurogrip Tyres appoint M.S. Dhoni as their brand ambassador? Answer: Eurogrip Tyres selected M.S. Dhoni due to his reputation, popularity, and association with performance and durability, which aligns with the company's brand image.
2. How has the high price of rubber impacted the tire industry? Answer: The rising cost of rubber has led to increased tire prices, putting pressure on manufacturers to find ways to mitigate costs without compromising quality.
3. What is the significance of Metro Group's Construction Tracker? Answer: Metro Group's Construction Tracker uses technology to track project progress, identify delays, and enhance communication, leading to improved efficiency and productivity.
4. How is JK Tyre contributing to electric vehicle fleet mobility in India? Answer: JK Tyre's partnership with Vertelo focuses on providing specialized tires and services for electric vehicles, supporting the growing adoption of EVs in India.
5. What is CEAT's strategy for sustainable tire production? Answer: CEAT has adopted various measures to promote sustainability, including using eco-friendly materials, reducing waste, and implementing energy-efficient practices in its manufacturing operations.
Former Chief Executive Keith Wyness has predicted that Everton could be facing a third “Profit and Sustainability Rules” hearing in the new year, which may have been postponed by the recent Friedkin takeover. The Toffees were hit with two points deductions last season, but a second case ruled that the complexity of arguments over interest payments should not be heard at that time. While the takeover has been resolved and ownership for the new Bramley-Moore Dock stadium as been finalized, there is still no resolution for Everton's potential third punishment. The Premier League is yet to make a decision on the matter.
The GST Council has recently decided to tax all used vehicles, including electric vehicles, at a uniform rate of 18%. This has led to confusion among car owners, who are now worried about the impact on their profits. However, Finance Minister Nirmala Sitharaman has clarified that the 18% tax will only be levied on the profit made from selling the vehicle, not the entire selling price. The video of her explanation has gone viral on social media, providing much-needed clarity to individuals and businesses.
Union Home Minister Amit Shah will lead an event on December 25th to inaugurate over 10,000 Multipurpose Primary Agricultural Cooperative Societies (M-PACS), dairy, and fisheries cooperatives, emphasizing on the significance of the cooperative sector in boosting self-reliance and financial inclusion. The event will feature distribution of registration certificates, RuPay Kisan Credit Cards, and micro ATMs to empower rural communities. With over 1,200 delegates expected to attend, the conference will serve as a platform to strategize strengthening of cooperatives and promoting sustainable agricultural practices. Download Krishi Jagran Mobile App for more updates on the Latest Agriculture News, Agriculture Quiz, Crop Calendar, Jobs in Agriculture, and more.
Indian apparel brand Being Human Clothing has expanded its reach by launching a new store in Chennai at Express Avenue Mall. The store was inaugurated by popular Indian dancer Prabhu Deva, adding star power to the launch. The brand, which supports charitable initiatives through its sales, looks forward to serving the people of Chennai with its stylish and socially responsible clothing options. The store offers a wide range of men's and women's apparel, along with the brand's latest Autumn/Winter 2024 collection. Being Human Clothing is available globally and aims to showcase its offerings to decision makers in the retail, eCommerce, and fashion industries.
The GST Council has decided to simplify the tax rate for the sale of old and used vehicles by prescribing a single rate of 18%, including Electric Vehicles (EVs). This will benefit both buyers and sellers as it streamlines the process and eliminates confusion about different tax rates for different types of vehicles. The update also clarifies that for registered individuals who have claimed depreciation under the Income Tax Act, they only have to pay GST on the margin between the selling price and depreciated value of the vehicle.
A recent data analysis by the Agriculture Ministry has shed light on the widening gap between the terms of trade (ToT) for farmers and agricultural labourers in India. While crop prices have increased by 111.2% over the past two decades, the cost of inputs for farming has risen by 198.1%, resulting in a decline in the ToT for farmers. This has led to a situation where agricultural labourers, who receive only wages and not the profits from farming, are faring better than the farmers themselves. The cost squeeze for farmers is mainly due to rising input costs, and they are unable to pass these on in the form of higher prices for their produce.
As Christmas approaches, consumers are still looking for options to grab a bite, shop for last-minute gifts and get groceries. This article details the operating hours of different stores, restaurants, and other businesses on Christmas Eve. While most will be open, their hours may be adjusted. Customers are advised to check with their local stores for specific information.
Catch up on the latest books, cinema, health, world affairs, and science news with The Hindu's daily e-Paper. With dedicated sections covering books, headlines, cinema, health, world affairs, and science, stay informed and entertained in one convenient newsletter. Plus, get daily news highlights from Karnataka and the top 5 technology stories of the day in Today's Cache.
Category: Technology Title: "Google Reveals Exciting Updates for Android 16 and Set Timeline for Release" Google announces the launch of the second Developer Preview for Android 16, with a confirmed release between April and June 2025. The new preview introduces a range of updates, including enhanced performance tools, advanced accessibility options, and improved security measures. The timeline for the platform's release has been set, with a major SDK release expected in Q2 and smaller updates throughout the year. The updates aim to streamline app development and improve functionality for Android 16.
Rohan Mirchandani, the co-founder of Epigamia, a popular yogurt brand, passed away at the age of 42 due to a sudden cardiac arrest. The senior leadership of Drums Food International, the parent company of Epigamia, confirmed the news and expressed their sorrow. Mirchandani, an alumnus of prominent universities, was a mentor, friend, and leader to many in the startup community, and his death has shocked and saddened them. This comes just a month after the sudden passing of Ambareesh Murty, co-founder of Pepperfry, and earlier this year, the untimely death of Rohan Malhotra, co-founder of Good Capital.