Month: September 2016

The Giant Leap for India..!

The World Economic Forum’s Global Competitiveness Index (GCI) rank at No 39 is a great news for India and government’s ceaseless efforts to improve the business climate. This is the second consecutive year of improvement, incidentally, with climb of 16 ranks in both years. The ranking carries considerable significance as this is the most comprehensive index comparing …

The Giant Leap for India..!Read More »

Tata Group – Reading Cyrus Mistry's mind..!

Tata Group Chairman, Mr Cyrus Mistry’s statement last week broaching the issue of exiting businesses brings the 150 year old behemoth at a crossroad. The statement seems to mark a shift in group’s strategy from expansion/acquisitions to consolidation as driver of growth. None of the chairman had openly talked about the need to trim down the portfolio so …

Tata Group – Reading Cyrus Mistry's mind..!Read More »

Consolidation in Industries – What drives it..??

The merger of Reliance Communications with Aircel adds to the list of industries witnessing significant consolidation. Other recent ones are Cement with buy-out of Jaiprakash Associates’ by Ultratech and a number of buy-outs in Power sector. Globally, the scenario is even more pronounced with deals in the range of $ 20-30 bn being a common occurrence. So what drives …

Consolidation in Industries – What drives it..??Read More »