December 2016 Current Affairs

November 2016 Current Affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS

October 2016 Current Affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current Affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current Affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS

JK Tyres acquired Cavendish Industries for Rs 2,200 crore rupees

JK Tyres acquired Cavendish Industries for Rs 2,200 crore rupees
20 April 2016 Current Affairs: JK Tyre and Industries Ltd on 18 April 2016 announced that it had completed the acquisition of tyre, tube and flap maker Cavendish Industries, a unit of Kesoram Industries Ltd, for 2195 crore rupees. Kesoram Industries is a B.K. Birla Group company.JK Tyre will fund the deal through a mix of internal accruals and debt raised by JK Group associates, such as Bengal & Assam Co. Ltd (the holding company) and Valiant Pacific LLC, a trading firm.JK Tyre will hold a 64 per cent stake in Cavendish, while the rest will be held by Bengal & Assam and Valiant.The deal will add a capacity to produce 10 million tyres a year. The agreement will also enable JK’s entry into the fast-growing two-wheeler and three-wheeler tyre market, and will also boost its capacity to produce truck and bus radials.After the acquisition, JK’s total manufacturing capacity in India will increase to 26 million units a year. It will reach annual revenue of 10000 crore rupees in the domestic market.

JK Tyre : JK Tyre & Industries Ltd is an automotive tyre, tubes and flaps manufacturing company based in Delhi, India.The name JK is derived from the initials of Kamlapatji and his father Seth Juggilal .The company is the market leader in truck/bus radial tire in India and is the only tyre manufacturer offering the entire range of 4 wheeler radials for trucks, buses and cars.JK Tyre acquired Mexican tyre major Tornel in 2008.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2016 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.