Following internal discussions and review of a commissioned report produced by Ernst & Young, the Nominations & Remuneration Committee (NRC) within the Board of Directors at Apollo Tyres Ltd. has recommended changes to the compensation packages Onkar and Neeraj Kanwar receive from the company.
An Ernst & Young (EY) report commissioned by Michelin has found that – within the European Union most tyres are replaced at 3mm. Indeed, citing a study published in 2014 in the journal Tire Science and Technology, the report writers found that the average and median tread depths of removed tyres are 3.1 and 3mm respectively.
Yogesh Mahansaria, founder and CEO of Alliance Tire Group, received the “Ernst & Young Entrepreneur of the Year Awards 2014” in the ‘manufacturing category’ in Mumbai in February. The distinction was awarded for the 16th time in India this year. The E&Y prize is the second Yogesh Mahansaria has won in a short, following the Forbes […]