Friction #2: Can CCI do what the market couldn’t?

Around 2008, global prices of nickel and zinc started going up sharply. For the leading Indian dry cell battery manufacturers, Eveready Industries India Ltd, Indo National Ltd (Nippo) and Panasonic Energy India Co. Ltd, this meant a spike in input costs. Following a series of meetings, key executives from the companies decided to hike prices in tandem. In order to give the appearance it wasn’t a concerted action it was […]

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Photo by Suzy Hazelwood from Pexels.
The Morning Context has raised money from a clutch of investors, entirely in their personal capacity. It is quite likely that some of them may be directly or indirectly involved in a competing line of business similar to the companies we write about. Our full list of investors is here.


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