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Hyundai Launces Electric SUV Kona in India at INR25.30 lakh
  Source: News18.com, July 9, 2019
  South Korean automotive giant Hyundai launched its maiden electric vehicle (EV) Kona in India at INR25.30 lakh (ex-showroom). The EV is ‘India’s first real electric SUV’, and has all-electric range of 452Km in a single charge (ARAI certified). Hyundai India will install fast chargers in all electric selling dealerships and will also deploy Kona Electric support vehicles in select cities for emergency charging.
  Our Case on Electric Vehicles
  Though the timing of the Kona launch looks good keeping in mind the Govt.’s focus on electric vehicles in the recent budget, the success of Kona will depend on how well it addressed the challenges faced by electric vehicles in India. The REVA Electric Car Company of India (REVA) which was launched in early 2000s faced multiple issues like the electric vehicles’ mileage, charging points...etc.
  To know more about REVA, read our case:
  “REVA’s Transformation: From Neighborhood Electric Vehicles to Next Generation Electric Cars for the Global Market”
  And also read our following case to know about Hyundai Motor India’s entry and business strategies:
  “Hyundai India: An Able Challenger to Maruti Suzuki?”
Google Reaches Agreement to Buy Enterprise Cloud Storage Provider Elastifile
  Source: VentureBeat, July 9, 2019
  As part of cloud business expansion strategy, the search giant Google has entered into a definitive agreement to buy California-based provider of enterprise cloud file storage solutions Elastifile. The financial terms of the deal were not disclosed. The deal is expected to be closed by the end of 2019, at which point the Elastifile team will join Google Cloud.
  Our Case on Google’s Acquisition
  In the past, Google has been acquiring companies in BI, Analytics and Mobility space. One such acquisition was that of Motorola Mobility. To know about Google’s acquisition of Motorola Mobility and its impact on growth, margins and balance sheet, read our case:
  “Google’s Acquisition of Motorola Mobility: Will the ‘Gamble’ Pay Off?”
Amazon Plans to Launch Specialized Fulfillment Centers in Patna, Guwahati, India
  Source: The Economic Times, Jul 07, 2019
  Amazon India announced that it is adding two new warehouses equipped with highly automated pick, pack and shipping processes in Patna and Guwahati, India. It is also expanding the capacity of its current specialized fulfillment centers (FCs) in cities like Delhi and Mumbai, a move that will enable the e-commerce major further speed up its delivery capabilities.
  Our Cases
  To know about Amazon’s entry and expansion strategy in India, read our cases:
   “Amazon’s Foray into India: Competing in an Emerging Market”
  “Amazon: Betting Big on a Trillion Dollar Indian Market”
UK Digital-only Bank Revolut Plans to Enter India in 2020
  Source: The Times of India, Jul 04, 2019
  Revolut, the London-based branch-less banking unicorn, plans to enter India in 2020. As part of its international expansion strategy, the bank has listed two new openings for the India market — head of country operations and head of legal  — and is exploring options for licensing.
  Our Case
  To know about Revolut’s journey from an e-money services provider to a billion dollar digital-only bank unicorn, read our case:
  “Revolut: Britain’s First Digital-only Bank Unicorn”
HDFC Bank Partners with Training Institute to Hire 5,000 Freshers in next three years
  Source: Business Today, Jul 04, 2019
  Changing skill requirements in the digital era have led the HDFC Bank to partner with an Indian training institute Manipal Global Academy of BFSI where graduates are taught for a year before they are hired. In partnership, the bank aims to hire about 5,000 in the next three years.
  Our Case
  To know about HDFC Bank’s efforts to transform itself into a digital bank, read our case:
  “Technology Transforming Indian Banking Sector: Is HDFC Bank Well Positioned for New Challenges?”
Apple Announces weakest iPhone Shipments to India since 2015
  Source: The Economic Times, Jul 04, 2019
  Apple announced that its iPhone shipments to India has fallen to lowest since 2015 with 42% fall in the January-March quarter 2019 as compared to the same period of 2018, underlining Apple’s struggles in the world’s fastest-growing smartphone market.
  Our Case
  To know about Apple iPhone in India, read our case:
  “Apple iPhone in India: Emotionally Connected vs. Product-Price Performance Disconnected?”
OYO expands business to South East Asian country Vietnam
  Source: The Economic Times, July 2, 2019
  As part of its strategy to strengthen South East Asia presence, OYO Hotels and Homes (OYO) launched its operations in Vietnam starting with 90 franchised hotels in six cities including Hanoi, Ho Chi Minh, Da Nang, Phu Quoc, Vang Tau and Nha Trang. OYO intends to expand to 10 cities with an investment of more than $50 million creating 1,500 direct and indirect jobs by 2020 in the country.
  Our Case
  To know about OYO’s international expansion, read our case:
  “OYO Rooms in China: Scaling the Great Wall”
Tata Motors Announces no Nano Production since Jan; One Unit Sold in Past 6 Months
  Source: Business Standard, July 2, 2019
  Tata Motors announced in its regulatory filings that it has not produced any unit of its entry level small car Nano since January 2019 and not sold even one unit of it since February 2019. However the company said that it has not yet formally decided on the production halt therefore it continues its production and sale as per demand.
  Our Case
  To know more about Tata Nano, read our case:
  “Revival of Tata Nano: Can the World’s Cheapest Car Maintain the Momentum?”
Airtel and Tata Teleservices' Consumer Mobile Business Announce Merger Completion
  Source: Firstpost, July 2, 2019.
  Tata Teleservices’ consumer mobile business (Tata Teleservices’ CMB) has now become part of Bharti Airtel (Airtel). The schemes of arrangement regarding the merger of Tata Teleservices’ CMB and Tata Teleservices (Maharashtra) into Airtel and Bharti Hexacom have become effective July 1, 2019.
  Our Case
  To know more about the merger deal, read our exclusive case study:
  “Airtel’s Acquisition of Tata’s Consumer Mobile Businesses: A Matter of Choice or Necessity?”
Paytm to pass on the Merchant Discount Rate (MDR) charges to consumers
  Source: The Economic Times, July 1, 2019.
  Paytm plans to start passing on the Merchant Discount Rate (MDR) charges to consumers which will increase transaction costs on Paytm from July 1, 2019. The MDR charge amounts to 1% on payments through credit cards, 0.9% for debit cards and up to INR 12-15 for transactions by net banking and the Unified Payments Interface. Since its inception, Paytm hasn’t been charging extra for payments made through its platform.
  Our Case
  To know more about Paytm, read our case study:
  “Paytm: Pioneering Cashless Transactions in India”
Jaguar Land Rover Looks to Build on Ten Years of Operations in India
  Source: Devdiscourse, June 28, 2019
  Tata Motors-owned Jaguar Land Rover (JLR) is looking forward to further accelerate its business in India by building on the foundation laid in the last ten years. JLR is manufacturing six vehicles out of the 11 models at its Pune facility and it intends to do more local manufacturing based on the market growth of the luxury vehicles in the country.
  Our Case
  To know about JLR’s acquisition by Tata Motors, issues, challenges and its turnaround, read our case study:
  “Tata Motors’s Jaguar Land Rover Turnaround Strategy”
Tesco Partners with Trigo Vision to Develop Checkout-free Technology
  Source: Telegraph Media Group Limited, June 26, 2019
  Tesco Plc announced its partnership with Trigo Vision Ltd., an Israeli software startup company, to develop technology which could allow artificial intelligence powered sensors and cameras mounted on shelves to detect and charge shoppers automatically for their shopping as they leave the store. Through some cashierless stores, Tesco aims to stay in fight against competition from e-commerce giant Amazon.
  Our Case
  To know about Tesco’s other digital transformation initiatives, read our case study:
  “TESCO’s Digital Transformation”
Bitcoin Surges $12,000 Mark for the First Time Since January 2018
  Source: The Economic Times, June 26, 2019
  Bitcoin prices have beaten $12,000 level mark for the first time since January 2018. Buyers’ interest in the cryptocurrency has risen after Facebook launched its own digital unit Libra, a new global currency powered by blockchain technology.
  Our Case
  To know more about Bitcoin, read our case studies:
  “Bitcoin: A Disruptive Innovation or a Bubble Set to Burst?”
  “Bitcoin: Can It Become An Alternate Currency?”
OYO China Plans Job Cuts
  Source: Pandaily, June 25, 2019
  India’ leading hospitality company OYO announced plans to cut more than 1,000 jobs in China as part of its reorganization strategy. OYO commented on the lay-off plan saying that its corporate management culture is performance-oriented, data-driven, and excellent and will not tolerate continuous performance failure.
  Our Case
  To know about OYO’s entry, growth, expansion and the challenges in China, read our case study:
  “OYO Rooms in China: Scaling the Great Wall”
Facebook to Face Lawsuit over Massive 29 million-user Data Breach
  Source: Threatpost, June 24, 2019
  The world’s largest social media network Facebook lost court ruling last week over the massive 2018 data breach and now it has to face a lawsuit. Facebook had disclosed its data breach in September 2018 which impacted about 29 million-user accounts which led some Facebook users file class-action lawsuit in a San Francisco appeals court. Facebook could also face a penalty as much as $5 billion after Federal Trade Commission (FTC) investigation into its data-security practices on the heels of its 2018 Cambridge Analytica scandal.
  Our Case
  To know more about Facebook’s 2018 Cambridge Analytica data breach, read our case study:
  “Facebook–Cambridge Analytica Data Scandal”
IndiaMart plans to enter capital markets with IPO
  Source: Business Today, June 24, 2019
  India based online B2B marketplace for business products IndiaMart InterMesh announced its entry into the capital markets with an initial public offering (IPO). Through this issue, the company intends to offer about 48.88 lakh shares in a price cap of Rs 970-973 per share and it intends to raise INR475 crore at the upper end of the price band. The issue opens on June 24, 2019 and ends on June 26, 2019.
  Our Case
  To know more about IndiaMART, read our case study:
  “IndiaMART – The Evolving B2B Marketplace”
Tesco Thailand plans to open 750 new convenience stores
  Source: InsideRetail.asia June 21, 2019
  British-headquartered grocery retailer Tesco announced plans to open 750 more new convenience stores in Thailand. The potential stores will be opened in the medium term. Tesco currently has 1,583 operating stores in Thailand.
  Our Cases
  To know about Tesco’s entry and exit in other countries, read our case studies:
  "Tesco in Turkey"
  "Tesco Exits Turkey"
  "Tesco’s Exit from the United States"
  "Tesco Exits South Korea"
  "Tesco in Japan – Experimenting with Retail Formats"
  "Tesco in China: Opportunities and Challenges"

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