Predatory pricing – it worked for telecom, so why not cement?
“The internet will soon cost lesser than the price of a vada pav,” roared Mukesh Ambani in September 2016 at the launch of Reliance Jio, the latest telecom entrant in an overcrowded market. One gigabyte of data used to cost about Rs225 in those days, and vada pav, Rs12. Fast forward a few years – … Read more
