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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.
After a lost decade, the two Holcim-owned cement companies have got their hunger back. A leadership that’s in sync has been key.
EBITDA per tonne is a boring yet important financial ratio that’s widely used to measure profitability in cement companies. EBITDA is short for earnings before interest, taxes, depreciation and amortization. When SY (we’ll call him that as he asked not to be named), an analyst who has been tracking the cement sector for 17 years, happened to see this particular number of ACC, the country’s oldest cement maker, he was surprised. That’s putting it mildly. He was actually astounded to see the growth in ACC’s profitability.
ACC had managed to grow this ratio faster than peers like UltraTech Cement, the …
Companies controlled by the two billionaires are engaged in a high-stakes contest for market share. While Adani wants to be No. 1, can he topple Birla from the summit?
We revisit five of our most impactful investigative pieces. Each of these has taken us on a unique journey of its own, shining a light on issues that matter and sparking crucial conversations.
A string of acquisitions and plans to triple capacity may have got investors interested. But its governance record and the quality of assets purchased remain concerns.
