India Ratings and Research (Ind-Ra) early delinquency index for CV loans measured by weighted average (WA) of over 30 days past due rose to 7.89 per cent in February 2018 in comparison to 6.87 per cent in February 2017. According to Ind-Ra sources, this was triggered by demonetisation, implementation of GST, migration to BSIV and tightening of overloading norms. Affecting[Read More…]
The Alliance Tire Group (ATG) has announced the introduction of a radial OTR tyre range under the ‘Galaxy’ brand. Aimed at heavy duty operations, the radial OTR range, according to the company sources, offers superior performance. Flaunting sturdy construction with customised tread designs, stability and optimal traction, minimum heat build-up, carcass protection and superior cut resistance, durability and reduced downtime,[Read More…]
Precision Camshafts has acquired Emoss Mobile Systems of Netherlands. With a visibility to scale up business five times in four years, the acquisition would pave the way for Emoss to foray in the electric mobility space. With Emoss specialising in electric powertrains, Precision Camshafts, will get access to electrical mobility markets in Europe, North America and Australia. Apart from the[Read More…]
As an associate sponsor of Chennai Super Kings, Nippon Paint celebrated the cricket team’s recent win against Sunrisers Hyderabad at Mumbai. Confident of increasing its market reach by sponsoring IPL champions of 2018 Chennai Super Kings, Nippon Paint India produces a wide range of international quality hi-tech paints for decorative, automotive, and industrial sectors. Perfecting its products by quickly adapting[Read More…]
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