TI cycles (a part of the Murugappa Group), known as the ultimate destination for the best bicycling brands, has successfully established a chain of exclusive retail outlets for their brands BSA and Hercules across the length and breadth of the country. They have more than 400 exclusive stores which offer mobility and fitness solutions [...]
Enticer Triathlon, as its name suggests, is aimed at enticing people to triathlon through a simpler version of the demanding sport. Popular in Australia, it has a following in many other parts of the world. French teacher Ramanujar Moulana and market research analyst Pravin Shekar, who share an obsession with fitness, have introduced it in [...]
Montra bicycles, the performance brand of TI Cycles has launched their 2012 range of MTB, Hybrid and Road cycles, including the Montra Rock, Montra JazzA and the Montra Blue. The Montra Rock MTB features alloy tubing, 80mm Suntour coil fork and small block tread, and is priced at Rs 16,900. The Montra JazzA (re-designed Jazz) [...]
TI Cycles of India has announced the launch of the 2012 range of “Montra” bicycles, its performance bicycle brand. The new range of Montra bikes has five variants - Montra Techno, MontraCountry, Montra Rock, Montra JazzA and Montra Blues. Since March 2011 when Montra was launched, the brand has had many firsts. “Montra” was the [...]
BANGALORE: Designed to increase connectivity and create environmentally friendly modes of public transport, Namma Cycle, the first public bicycling initiative in Bangalore, rolled out at the Indian Institute of Science campus on Monday. This is a joint initiative of the Centre for Infrastructure, Sustainable Infrastructure and Urban Planning (CiSTUP), IISc and Ride a Cycle Foundation. [...]
The acquisition of Shanthi Gears will help Tube Investments tap into the non-auto space significantly, said Mr L. Ramkumar, Managing Director, Tube Investments. The non-auto sectors currently make up 27 per cent of Tube Investments’ total turnover. This is expected to get a boost with the addition of Shanthi Gears which has a diversified portfolio [...]
Tube Investments of India Ltd, (TII) flagship company of the Murugappa Group has signed a share purchase agreement to acquire 44.1 per cent stake in Shanthi Gears Ltd, a leading manufacturer of industrial power transmission products, headquartered in Coimbatore, India. The acquistion cost is around Rs 464 crore. Consequently, TII will be making an open offer to the extent [...]
Shanthi Gears, the listed Coimbatore-based manufacturer of industrial gears, will soon become part of the Murugappa Group. The Group’s flagship company, Tube Investments of India (TII) will be acquiring the 44.12 per cent stake held by the promoter, P. Subramanian, and associated entities, Shanthi General Finance Pvt. Ltd. and Shanthi Social Services, in Shanthi Gears [...]
The Indian bicycle industry --the pedal for a green earth, seeks government support to expand itself to meet new challenges posed by global slowdown, said Narayan Jee, Deputy General Manager- BSA Toddlers- TI Cycles of India. An eco-friendly mode of transportation, bicycles are being revived across the world and the Indian government must take steps [...]
Over 800 students took part in the Mylapore Club-Murugappa State level children’s chess competition last week. The event featured players in the age group of 2.5 to 19 years. Schools from Kanyakumari, Salem, Vellore, Thiruvallur, Kanchipuram and Chennai took part. The prizes included bicycles, trophies and cash awards. The prizes were distributed by the Chief [...]
