STRATEGIC MANAGEMENT

CCE on

BUSINESS NEWS ANALYSIS

by

Name: Akshat Pandey

Roll No: M2224077

Under the Guidance of

Ms. Reema Shah
 About The Company:

About Reliance Industries –

Reliance Industries is India's largest conglomerate, with interests in energy, petrochemicals, retail,
telecommunications, and media. The company is controlled by Mukesh Ambani, who is one of the richest people in
the world. Reliance is already a major player in the Indian entertainment industry, with its JioCinema streaming service
being one of the most popular in the country. The acquisition of Disney Star would give Reliance even more
dominance in the Indian entertainment market.

About Disney –
Disney is one of the world's largest entertainment companies, with a portfolio of brands that includes Disney,
Pixar, Marvel, Star Wars, and National Geographic. The company has been expanding its streaming business in recent
years, and it now has over 200 million subscribers to its Disney+ service. However, Disney has been struggling to
compete with Netflix in India, and the sale of Disney Star is seen as a way for the company to focus on its more
profitable markets.

About The Sector:

The steel sector in India is a vital component of the country's industrial landscape. India is one of the world's
largest producers and consumers of steel. The sector is characterized by intense competition, a strong focus
on infrastructure development, and an ever-increasing demand for steel products, making it a crucial driver
of economic growth.News Analysis:
Shyam Metalics' recent acquisition of Mittal Corp Limited for ₹351 crore is a significant development in the
Indian steel industry. This strategic move indicates the company's intent to strengthen its market position and diversify
its product offerings. The acquisition of Mittal Corp Limited, another player in the steel sector, adds value to Shyam
Metalics' existing operations.

Key Pointers:
1. Acquisition Price: Shyam Metalics acquired Mittal Corp Limited for ₹351 crore, underlining the
investment in expanding its market presence.

2. Market Expansion: This acquisition allows Shyam Metalics to broaden its product range, potentially
gaining a larger share of the steel and ferroalloys market.

3. Competitive Advantage: Shyam Metalics can leverage the strengths and resources of Mittal Corp Limited
to enhance its competitive advantage in the industry.
 4. Diversification: Diversifying into related sectors is a strategic move, helping Shyam Metalics mitigate risks
and explore new growth opportunities.

5. Industry Growth: The steel sector's growth is closely tied to India's infrastructure development, and this
acquisition positions Shyam Metalics well to capitalize on these opportunities.

Conclusion:
Shyam Metalics' acquisition of Mittal Corp Limited for ₹351 crore is a significant strategic move that can have
a positive impact on the company's market position and growth prospects. As the Indian steel sector continues to
evolve, Shyam Metalics' diversification efforts and expansion strategy appear well-timed to capitalize on the
country's increasing demand for steel and related products. This development underscores the dynamic nature of
the steel industry and the adaptability of key players like Shyam Metalics in pursuing growth and market
leadership.