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.
With scrutiny and practice scheduled for November 29, the main races will unfold on November 30, promising a day of speed, skill and spectacle.
Traditionally carved from top-quality willow, famous bat-makers, source the bulk of their willow wood from Kashmir.
'The favourable rupee-dollar exchange rate, there are opportunities we can tap.'
Sarfaraz Khan hit a counter-attacking 111 to bail Mumbai out of trouble against Haryana in their All India Buchi Babu Invitational Tournament contest here on Tuesday.
For kids in the United States, the tariff imposed by the Donald Trump administration on countries like China may no longer be a child's play, as toy prices are predicted to touch record highs this Christmas season. However, for India's toy export industry, which was ready to take giant strides in the sector by bagging heavy orders from the US retail giants like Walmart, Amazon, and Target Corporation, gaining from the China-Plus-One policy, the US tariffs came as a heavy jolt.
The chariot, with the new set of tyres, will carry Lord Jagannath on this year's Rath Yatra which will be held on June 27.
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.
He was a storyteller who made me feel the pulse of history, the stakes of human ambition, and the thrill of a well-told tale. Prem Panicker recalls his debt to Frederick Forsyth, who passed away on Monday.
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.
In 23 First Class matches, Sangwan has 77 wickets at an average of 19.9. With three five wicket hauls against his name, his best figures if 6 for 33 came against Mumbai.
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.
Jasprit Bumrah's incredible performance has prevented the Border-Gavaskar Trophy series from becoming completely lopsided in Australia's favour, said pace great Glenn McGrath, lauding the India spearhead for his ball-control and ability to adapt quickly.
The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.
Akash Deep reveals how Virat Kohli offered him one of his bats -- a bat that scripted a rare happy memory during India's otherwise devastating tour of Australia.
Despite a stellar start to his career, Varun Aaron's journey was marred by inconsistent form and frequent injuries, with his last appearance for India dating back to 2015.
'Yes, there have not been any express fast bowlers that are coming from the MRF Pace Foundation that we used to have back in the years.' 'But that's not going to happen anymore. Now, in the next few years, you are gonna see a lot of really good fast bowlers coming out from the MRF Pace Foundation again.'
The mum of two and national championship winner (in the saloon category) at the MRF Indian National Car Racing Championship 2024 has plenty of style tips for you.
MRF test drives a new, more luxurious, brand.
Larger listed domestic-focused tyre companies have underperformed the benchmarks in the last three months but exporter Balkrishna Industries has bucked the trend. The company, which exports off-highway tyres, has generated 43 per cent returns in this time compared to MRF and Apollo Tyres, which are down 5-10 per cent. In addition to better-than-expected performance in the March quarter, exports and market share gains have helped Balkrishna pull ahead of peers.
In the process, the Coimbatore driver chalked up his sixth straight INRC victory.
'He is definitely much more mature and he knows the value of his place in the Indian team, 2-3 years of not being there.' 'He will now look to take care of his body much more. He has developed from a youngster to a responsible person now.' 'He knows what he needs to do, to succeed at the highest level.'
RBI interest rate decision, macroeconomic data and global trends would guide markets' movement this week, analysts said. Besides, trading activity of foreign investors and the last batch of Q1 earnings announcements would also guide trends in equities. HSBC PMI (Purchasing Managers' Index) for the services sector is scheduled to be announced on Monday.
The former unit produces motor tyres and tubes, while the latter makes radial tyres. Union sources said employees also decided to boycott the coming Lok Sabha elections. A meeting on Monday between management and union heads saw no settlement.
Production at Arakkonam, which produces motor tyres and tubes, and at the radial tyre-manufacturing unit of MRF at Puducherry has been hit following a sit-in strike by over 3,000 workers in both the units, according to union sources. Employees also decided to boycott the upcoming Lok Sabha election.
About 3,000 employees of MRF in Arkonam and Puducherry were on a 'sit-in' strike within the premises of the respective facilities since May 9. The workers went on strike as they were 'disappointed with the management as the company denied recognition to it' and 150 labourers were also dismissed by the management so far.
Australian great Dennis Lillee, on Monday, recalled his first meeting with Sachin Tendulkar and said on a lighter note that he did the game a "favour" by rejecting the batsman when he went to the MRF Pace Foundation with an ambition to become a fast bowler in the late 80s.
MRF Tyres topped the list of customer satisfaction survey conducted by global market research firm J D Power.
Answering questions from members in the assembly, Electricity Minister N Veerasamy urged the MRF management to find a solution to the labour issue in a week's time. If no solution was found, Chief Minister M Karunanidhi will be forced to intervene, he said.
Workers at three manufacturing plants of tyre major MRF have called off a strike over pay and other issues after the employees' union advised them to end the agitation. They are likely to resume work from the first shift from today.
C Vijay Kumar emerged the overall winner of the showpiece event -- the Foreign Open Class -- in the second round of the MRF National Motocross Champion.
The legendary Australian pacer Glenn McGrath is all set to join the MRF Pace Foundation in Chennai as its bowling consultant.
The Aussie pace ace is in Chennai to get first hand knowledge of bowling in Indian conditions from former India pacer Javgal Srinath.
Three Test and an under-19 bowler will train under Dennis Lillee between June 25 and July 6.
Quarterly earnings from corporates, the US Fed interest rate decision and other global trends will be the major driving factors for determining movement in the domestic equity market in a holiday-shortened week ahead, analysts said. Besides, factors like trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also influence trading.
'The world is yet to watch him, show his prowess as a batter, but given the chance he will do a great job.'
Former Australia fast bowler Glenn McGrath will take over the role of Director at the MRF PaceFoundation from compatriot Dennis Lillee, who has opted out after serving the academy for 25 years.
Hank Hall of West Indies is the first player from the land of fast bowling to train at the Chennai-based academy.
Ace rally driver Gaurav Gill will spearhead India's challenge in the Delhi Championship with MRF, an official support race of the inaugural Indian Grand Prix on October 30 at the Buddh International Circuit at Greater Noida.
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