How did Capital Cities create value? Shreedhar Kanetkar presents the fascinating story
In 1986, Thomas S Murphy, chairman of Capital Cities Communications, bought American Broadcasting Corporation for $3.5 billion. He sold Capital Cities/ABC to the Walt Disney Company for $19 billion 10 years later. As Fortune’s Carol Loomis observed later, in a certain sense, Tom Murphy’s actions marked...
Pharma stocks have been very strong in the past three months of overall market decline. One stock that has come up high on our rolling-returns price screen this fortnight is Indoco Remedies. The company has a strong presence in the regulated as well as developing markets and has been investing in R&D and manufacturing facilities for future growth. Indoco has a brand portfolio of 120 products...
Little Gain
LT Overseas (Daawat) enjoys strong growth in basmati rice, low valuation and has started a new growth business
LT Overseas is among the earliest companies to have recognised the market for branded rice, particularly the basmati variety and established its Daawat brand firmly in the domestic market. LT is the third largest basmati rice producer after KRBL (India Gate and...
