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Monday, February 29, 2016

Feb 29, 2016 - UltraTech to buy Jaiprakash Associates cement assets for Rs16,500 crore

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Come on VCs, stop playing games with us! I hear you are not letting your portfolio companies spend liberally on 'customer acquisition' any more. Imagine my horror when I called my favourite Indian VC-funded QSR chain yesterday, only to find out that prices are up 60%! Not 10%, not 20% - 60%! I immediately cut down an item to bring the total price under control. Not calling them again soon. Call me a spoilt Indian consumer, but that's what we do, especially when there are so many alternatives out there, and because you anchored me to a lower price for so long! That's the problem with the discount model, we get used to it. We don't want to pay full price any more. This wonderful piece by Haresh Chawla talks about several other traps Indian startups might find themselves in very soon - Comment

UltraTech to buy Jaiprakash Associates cement assets for Rs16,500 crore

Once the transaction is completed, UltraTech’s cement capacity will rise to 90.7 mtpa from the current 68.3 mtpa

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