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 … Continue reading Consolidation in Industries – What drives it..??
It has turned out to be a bumper quarter for Cement Industry with near doubling of net profit even though sales grew at barely 8%. The result has come about with all round improvement in performance – lower operating and interest cost and an increase in other income. Results are based on top ten market … Continue reading Results Analysis – Cement Industry..