Page 2 - Tube Investments Of India
Murugappa's Tube Investments plans to set up truck body building plants
TMT bars & Truck Body Building businesses are more like venture capital investments at the incubatory stage, says management
 "Murugappa's Tube Investments plans to set up truck body building plants")
Tube Investments hits 10% upper circuit on strong Q4 nos, fund raising plan
The Board approved to raise fresh long-term borrowing to meet the company's financial needs during financial year 2020-21, for a sum not exceeding in the aggregate Rs 200 crore
 "Tube Investments hits 10% upper circuit on strong Q4 nos, fund raising plan")
Tube Investments up for third straight day; stock hits new high
The stock up 5% to Rs 359, gaining 9% in past three days, as compared to 1% rise in the S&P BSE Sensex.
 "Tube Investments up for third straight day; stock hits new high")
Tube Investments India to demerge manufacturing, finance arms by June: MD
Murugappa Group's one of the major businesses, Tube Investments of India (TII), last year decided to demerge its manufacturing business undertaking, including manufacturing of tubes and components, bicycles and fitness products and chains for auto and industrial sectors to a wholly owned subsidiaryTI Financial Holdings Ltd. It is also looking at investing into start ups, and has evaluated a few already. In an interaction with Gireesh Babu, the company's Managing Director L Ramkumar explains the strategy and plans of the company. Edited excerpts: What is the status of your plans to demerge the manufacturing business?TII today is manufacturing company holding shares in insurance (Cholamandalam MS General Insurance) and NBFC (Cholamandalam Investment and Finance Company). For an investor who looks at TII, they do not know whether it is a manufacturing company or a financial services company into which he is investing into. Normally investors like to have a focused investment. For a long .
 "Tube Investments India to demerge manufacturing, finance arms by June: MD")
