ERJ staff report (DS)
Mumbai, India -- A study undertaken by one of India's leading business magazines, Outlook Business, recently ranked Apollo Tyres at the no. 10 Indian Multinational by Return to Shareholder. Apollo said, "A key reason to be proud of is that the top 10 has only one other automotive company, and is dominated by high growth pharmaceutical and IT companies.
the Listing was undertaken with financials of FY2008-09. It therefore includes Apollo's Indian and South African Operations and does not include the European Operations of Apollo Vredestein, which was acquired only in May 2009.
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