JK Tyre has announced its sponsorship of 11-year-old karting sensation Atiqa Mir, a move that reinforces the company's commitment to fostering young motorsport talent in India and supporting women's participation in the sport.
JK Tyre has signed 11-year-old racing sensation Atiqa Mir, reaffirming its commitment to nurturing young talent in Indian motorsport. Mir, who has already achieved significant success on the international karting circuit, including podium finishes and victories in Europe, is the first Indian supported by the F1 Academy and the highest-ranked female in her category. This sponsorship highlights her potential as an emerging talent and JK Tyre's legacy in supporting top Indian drivers.
JK Tyre has signed 11-year-old racing sensation Atiqa Mir, reinforcing its commitment to nurturing young talent in Indian motorsport. Atiqa, who has already achieved significant international success, joins an elite list of drivers supported by the company, including F1 legends Narain Karthikeyan and Karun Chandhok. Her journey also highlights the increasing presence of women in motorsport.
The acquisition will help JK Tyre gain access to the world's largest auto market in the United States in addition to some distant markets of central and south America.
Indian karting sensation Atiqa Mir achieved two top-four finishes in Round 1 of the WSK Final Cup in Franciacorta, Italy, despite facing setup issues and a crash in the final. Her performance showcased resilience and race craft against a competitive field of 72 drivers.
Shares of tyre manufacturers have outperformed broader equity benchmarks, buoyed by multiple tailwinds. Softer raw material prices, an uptick in demand from automakers following the reduction of the goods and services tax (GST) rates, and steady replacement demand have lifted sentiment toward the sector.
Indian driver Kush Maini secured his third podium of the 2026 FIA Formula 2 season, finishing second in the Feature Race at Hungaroring, Hungary. Despite starting from pole and building a significant lead, an ill-timed Virtual Safety Car during the pit sequence cost him the victory. Maini expressed satisfaction with his performance and aims for a win in Monza. He currently stands sixth in the drivers' standings.
The extraordinary spurt in two-wheeler sales over the last year and a half seems to have set tyre companies rolling. JK Tyre, like Apollo and Ceat, is entering the two and three-wheeler tyre market.
Five-time Indian National Rally champion Hari Singh remains missing after a speedboat crash in the Maldives. Industrialist Gautam Singhania was among those on board.
Rubber prices have fallen globally by 20% from record highs. 10% of the tyre sector is likely to have already shifted to synthetic rubber. This shift to synthetic rubber by Indian tyre companies could affect tyre prices.
Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.
After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments.
Tyre stocks have been on a tear over the past six months, with average returns exceeding 45 per cent. Except for Apollo Tyres, which has seen a slight correction in the last month and a half, limiting its gains to 16 per cent, listed peers such as MRF, CEAT Tyres (formerly Cavi Elettrici e Affini Torino), and JK Tyre & Industries have delivered returns exceeding 30 per cent during this period. Production-related constraints and sluggish demand in Europe, where sales are expected to remain flat, coupled with high valuations, have contributed to Apollo Tyres' underperformance. The tyre sector's gains can be attributed to robust growth trends driven by the replacement market, which constitutes more than two-thirds of sales.
Gaurav Gill is all set to take part in World Rally Championship (WRC) 2023 season, starting with the Acropolis Rally of Greece.
Amid cooling raw material prices, the crude-oil linked companies, which includes paint and tyre firms, have been on a roll over the past one year. Shares of related companies have gained up to 84 per cent, as against a 14 per cent rise in the S&P BSE Sensex. Analysts, however, believe stretched valuations in both these sectors could trigger a de-rating.
Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Traders said the OMC stocks gained with crude oil prices hovering below $70 per barrel after OPEC-plus decision to increase output from April, a move which is expected to favour Indian refiners with added marketing margins on retail fuel.
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The last batch of quarterly earnings, global trends and trading activity of foreign investors will guide the equity market movement in a holiday-shortened week ahead, analysts said. Volatility may continue amid investors' cautious approach in the election season. Markets will remain closed on Monday due to the fifth phase of the Lok Sabha elections in Mumbai.
Between 2011 and 2014, they indirectly determined the price of tyres in the market, says report
When it comes to the replacement of old tyres with new ones, car owners are in a catch-22 situation, wondering about the tyre brand, price and most importantly, tyre warranty.
Indian tyre makers are expanding their capacities in the wake of international players flooding the Indian markets.
MRF Tyres topped the list of customer satisfaction survey conducted by global market research firm J D Power.
The first Indian to win an international race at the Buddh International Circuit in Noida.
The Ford Figo is a celebration of the best-in-class features, style, comfort and ownership.
Reader Santhosh Kurup sent us these pictures from Dubai.
The Indian ace won the first of two races at the Croft circuit in Yorkshire on Sunday.
Shares of MRF crossed a first time Rs 100,000 mark, hitting a record high of Rs 100,300, up 1.4 per cent on the BSE in intra-day trade. on June 13, 2023. The stock surpassed its previous high of Rs 99,879.65, touched May 8, 2023. Thus far in the current calendar year 2023 (CY23), MRF has outperformed the market by gaining 14 per cent on improved financial performance.
India's Karun Chandhok soaked tremendous pressure to score his first race win of the 2008 GP2 Series in Hockenheim on Sunday. Chandhok came under intense pressure from Andi Zuber of Piquet Sports for the last 20 laps of the race, but Karun kept his cool for a fantastic victory for the iSport International team.
India's Karun Chandhok added to his points score in the fourth race weekend of the 2008 GP2 Series at Magny-Cours in France on Sunday. He started from eighth place on the grid for the feature race, and despite a delay in the pits, when a rival car drove very close to his mechanics, drove a solid and consistent race to finish seventh.
The India driver has been signed up by the UK based I-Sport International team to compete in the 2008 GP2 series.
Donations received in form of electoral bonds were not included in the filing.
The Indian driver ended his 2003 British Formula 3 (scholarship class) campaign with a win in his final race.
The Indian ace was given the honour after Carlin's top driver Alan van der Merwe opted out.
The classification is based on several factors.
The exchange had earlier said that DLF would move out from Group A.
The Bharatiya Janata Party has been the biggest beneficiary of donations from the Satya Electoral Trust.
Global trends, WPI inflation data for April and the ongoing quarterly earnings of corporates would be the major driving factors for the stock markets, analysts said. Investors would also keep a tab on the movement of foreign institutional investors who are on a selling spree in the domestic equity market for the past many days. "Inflation concern and monetary tightening across the globe are key concerns for the equity markets. "Equity markets are under the strong grip of bears however they look extremely oversold and due for a pullback rally.
