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Giti Tire Q1 profit slumps nearly 49% on raw material cost pressures

India, May 29 -- Giti Tire Co., a leading Chinese tyre manufacturer, reported a sharp 48.9 percent fall in first-quarter net profit, citing surging raw material costs that outpaced revenue gains. Net... Read More


Michelin India Inaugurates First Dealership In Kochi

India, May 29 -- French tyre major Michelin has inaugurated its first standalone Michelin Tyres & Services store in Kochi, Kerala. Launched in partnership with Global Tyres, this further adds to the c... Read More


Continental Secures Platinum In 2025 EcoVadis Sustainability Rating

India, May 28 -- Continental has secured platinum rating in the 2025 EcoVadis Sustainability Rating. Scoring 84 out of 100 points, the company secured a place among the top one percent of companies in... Read More


European Business Confidence In China Hits Record Lows Amid Regulatory Barriers

India, May 28 -- Survey shows 73% found doing business more difficult in 2024, despite supply chain onshoring trend European business confidence in China has plummeted to record lows across multiple ... Read More