INTERVIEW-UPDATE 1-Apollo Tyres to raise prices again in June


(Adds details, quotes, share price) By Aniruddha Basu MUMBAI, May 28 (Reuters) - Apollo Tyres Ltd India's second largest tyre maker, will increase prices by 3.5 percent from June 1, the second time since April, to offset a surge in costs, Chief Financial Officer Sunam Sarkar said on Friday. "We did take a 3.5 percent increase last month. And we are taking another increase from June. We have no option given the kind of price rise that is happening," he told Reuters. Natural rubber ...

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