When Modi Rubber closed an agreement with German tyre manufacturer Continental for outright sale of Modi Tyre Company Ltd (MTCL) last month, the exit led to speculation of the group foregoing......
B K Modi's last-ditch bid to wrest ownership control of Modi Rubber by bettering his offer seems to have failed, with financial institutions having a combined 44 per cent stake in the company......
Two years after its first overtures, Apollo Tyres has revised its bid to acquire the tyre plant of Modi Rubber Ltd. "We have today written to the creditors of the company saying we are interested......
As part of their surveillance mechanism and to safeguard the interest of investors, leading bourses BSE and NSE have suggested extra due diligence in trading of illiquid stocks. As per directions......
The world's fourth largest tyre manufacturer Continental has taken over full control of India's Modi Tyres Companyin an all-share deal valued at 18.6 million euros.The acquisition of the subsidiary......