Unitech

Predatory pricing – it worked for telecom, so why not cement?

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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

DB Realty, Unitech stocks rose after top executives granted bail in 2G scam

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DB Realty, Unitech stocks rose after top executives granted bail in 2G scam

The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case. The DB Realty stock has risen 40%, while Unitech gained 4%. However, some of the intrinsic problems which plague these companies, and uncertainty over the outcome of the 2G scam case may prevent … Read more