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Shock absorber maker Gabriel India forays into engine oils through a Korean JV, shares surge

The joint venture will be a 51:49 partnership between SK Enmove and Gabriel India, in which the Indian OEM player will invest up to Rs 29.40 crore in one more tranches.
Bicycle sales to take a hit post import duty hike

With the budget hiking import duties on bicycles by a sharp 20%, the industry is worried that it will have to pass on these hikes to consumers, which in turn could slow down sales, reports CNBC-TV18s Vineetha Athrey.

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Shock Absorbers

Shock absorber maker Gabriel India forays into engine oils through a Korean JV, shares surge

Bicycle sales to take a hit post import duty hike