A transformed Jayadev Galla and Amara Raja want to beat Exide
With a new name, a future-focused strategy and a new generation of leaders, India’s second-largest battery maker is going all out to catch up to the market leader. But investors are wary.
December 01, 2023•10 min
0
December 01, 2023•10 min
0

More in Business
Business
Infra.Market is a hamster wheel looking at a make-or-break IPO
The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.
You may also like
Business
The hunt for greener steel stutters
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.
Business
Does Inox’s Jain have the execution chops to match his company’s rising share price?
The 37-year-old promoter has steered the wind turbine maker back from the brink, but must now contend with stiff competition—domestic and overseas.
Business
Thermax jumps on the green hydrogen bandwagon, but there’s a problem
The over four-decade-old engineering company is diving headlong into hydrogen electrolysers. However, the current market conditions could dampen the mood for CEO Ashish Bhandari.