Torrent cables limited (A)
Date
2000-08-19Author
Dixit, Mukund R.
Rao, Srinivas S.
Rao, V. Venkata
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In 1989, Torrent Group acquired Mahendra Electricals Ltd., a sick company. This case describes the circumstances leading to the acquisition, the motivation of Torrent Group, the technology, competition and customers of the acquired company, the performance of the company, and the strategic options developed by the new management. The new team was required to evaluate various options and develop a comprehensive turnaround plan.
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