The CFO of Ceat, Kumar Subbiah, prioritizes overseas export growth, aiming to increase it from the current 18-19% of revenue share to around 25% in the next two years. To achieve this, Ceat plans to launch passenger car radial tyres and truck and bus radial tyres in the US market. The company has witnessed growth in export and replacement businesses, while the OEM business was muted in the last quarter.
FM Nirmala Sitharaman flags mis-selling of insurance, calls for collateral free loans to MSMEs
Indian Finance Minister Nirmala Sitharaman raised concerns about insurance mis-selling, emphasizing its contribution to higher borrowing costs for customers. She urged banks to focus on