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Birla Tyres
Business  /  Published 28.08.20

Birla Tyres to raise Rs 1100cr

The board of Birla Tyres has approved raising up to Rs 1,100 crore through a mix of equity and debt to infuse much needed liquidity to save the business. The company is going through a bumpy ride in ...
By Our Special Correspondent in Calcutta

Business  /  Published 04.12.18

Kesoram to spin off tyre unit

Kesoram Industries, the flagship of Basant Kumar Birla Group, has announced a fresh round of restructuring, involving spinning off the tyre business into a separate entity.The plan entails mirror deme...
By Our Special Correspondent in Calcutta

Business  /  Published 11.02.20

Kesoram aims to cut debt by Rs 700cr

Manjushree Khaitan-led Kesoram Industries Ltd has set an ambitious target to cut debt by Rs 700 crore through the infusion of fresh equity and internal cash generation to bring down interest costs.The...
By Our Special Correspondent in Calcutta

Business  /  Published 26.07.19

Global role in Birla Tyres rejig

Kesoram Industries, the flagship of the Basant Kumar Birla group of companies, is in talks with global majors to reshape its loss-making tyre business.The company is in the midst of a mirror image dem...
By Our Special Correspondent in Calcutta


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