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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Mega-merger could invite scrutiny from competition watchdog + JSW Steel, Tata Steel and ArcelorMittal have big plans in the eastern state.
Editor's note: Harveen here. The coming together of PVR and INOX Leisure to create the largest multiplex chain in India could be a win-win for both companies, given the battering they received over the last two years. But if they hoped to escape the scrutiny of the competition regulator, they have another think coming. On the subject of competition, things are surely heating up in Odisha, which is where India’s top steelmakers are facing off. Read on. PVR, INOX and the prospect of CCI scrutiny In the business of Indian media, it is only once in a while that something becomes the subject of every conversation. In recent days, it’s been the proposed merger between PVR and INOX Leisure. Wracked by the pandemic, both PVR and INOX, India’s top two multiplex chains, saw the two worst years of their lives, and this merger is supposed to restart their growth story. Plus, with these two entities combined, the competition—Carnival Cinemas and Cinepolis—is expected to eventually wither away. No matter which way you look at it, this is a mega-merger. But the part that …
Mega-merger could invite scrutiny from competition watchdog + JSW Steel, Tata Steel and ArcelorMittal have big plans in the eastern state.
Editor's note: Harveen here. The coming together of PVR and INOX Leisure to create the largest multiplex chain in India could be a win-win for both companies, given the battering they received over the last two years. But if they hoped to escape the scrutiny of the competition regulator, they have another think coming. On the subject of competition, things are surely heating up in Odisha, which is where India’s top steelmakers are facing off. Read on. PVR, INOX and the prospect of CCI scrutiny In the business of Indian media, it is only once in a while that something becomes the subject of every conversation. In recent days, it’s been the proposed merger between PVR and INOX Leisure. Wracked by the pandemic, both PVR and INOX, India’s top two multiplex chains, saw the two worst years of their lives, and this merger is supposed to restart their growth story. Plus, with these two entities combined, the competition—Carnival Cinemas and Cinepolis—is expected to eventually wither away. No matter which way you look at it, this is a mega-merger. But the part that …
The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.
A sharper growth push from Tata Steel is reshaping a long-running contest with JSW Steel and shifting the market’s loyalties. But can it keep its expansion-hungry rival at bay?
ArcelorMittal's scrapping of green steel plans in Germany signals an uncertain future for decarbonizing the heavily polluting sector. It also casts a cloud on mega investments by Indian steelmakers.
The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.
A sharper growth push from Tata Steel is reshaping a long-running contest with JSW Steel and shifting the market’s loyalties. But can it keep its expansion-hungry rival at bay?
ArcelorMittal's scrapping of green steel plans in Germany signals an uncertain future for decarbonizing the heavily polluting sector. It also casts a cloud on mega investments by Indian steelmakers.
