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Reliance Jio surpasses Bharti Airtel, becomes India's No. 2 telecom company |
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Source: Business Today, July 19, 2019 |
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Reliance Industries Ltd's telecom subsidiary Jio has surpassed Bharti Airtel to become India's second-largest operator by subscribers as of May. During May 2019, Jio had added 8.2 million customers to end the month with 323 million wireless customers. Both Vodafone-Idea, which was the top operator with 387.6 million customers, and Bharti Airtel lost users over the month. Industry analysts opinioned that Jio has all the potential to overtake Vodafone-Idea in the next few quarters to reach the No. 1 position. |
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Our case |
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Jio disrupted the Indian telecom market by launching its mobile telephony and data services in September 2016. Jio, according to many analysts, was a game changer. It has captured a large market chunk and achieved numbers that took the competition over a decade to achieve. To know more about Jio, read our cases: |
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“Reliance Jio’s Audacious Bet: Disrupting India’s Mobile Telephony and Data Market” |
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“Reliance Jio: Disrupting the Indian Telecom Industry” |
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IndiGo Announces 6 New International Flights
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Source: Zee News, Jul 17, 2019
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India’s low budget carrier IndiGo announced that it is going to expand its international connectivity with 06 new flights. Effective July 25 and August 5, IndiGo will launch daily non-stop flights connecting Delhi with Jeddah, and Mumbai with Kuwait. Additionally the airline will also launch its third non-stop daily flights between Mumbai and Dubai.
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Our case
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IndiGo’s announcement of international expansion with new flights comes at a time when the Indian aviation industry is struggling with multiples issues such as high costs, low yields and persistent technical snags. IndiGo had emerged as one of the fastest growing airlines in India with a market share of 37% as of February 2015 while the other Indian airlines were battling to stay on in the market due. By September 2017, IndiGo had increased its market share to 40%. To know more about IndiGo’s differentiation strategy, and business model that helped it grow and earn good revenues vis-à-vis other airlines in India, read our case: |
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“Indigo Airlines – Meandering through the Public Policies on the Success Runway – Can it Fly Higher?” |
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OYO expands business to South East Asian country Vietnam |
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Source: The Economic Times, July 2, 2019 |
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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. |
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Our Case |
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To know about OYO’s international expansion, read our case: |
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“OYO Rooms in China: Scaling the Great Wall” |
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Tata Motors Announces no Nano Production since Jan; One Unit Sold in Past 6 Months |
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Source: Business Standard, July 2, 2019 |
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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. |
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Our Case |
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To know more about Tata Nano, read our case: |
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“Revival of Tata Nano: Can the World’s Cheapest Car Maintain the Momentum?”
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Airtel and Tata Teleservices' Consumer Mobile Business Announce Merger Completion |
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Source: Firstpost, July 2, 2019. |
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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. |
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Our Case |
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To know more about the merger deal, read our exclusive case study: |
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“Airtel’s Acquisition of Tata’s Consumer Mobile Businesses: A Matter of Choice or Necessity?” |
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Facebook to Face Lawsuit over Massive 29 million-user Data Breach |
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Source: Threatpost, June 24, 2019 |
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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. |
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Our Case |
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To know more about Facebook’s 2018 Cambridge Analytica data breach, read our case study: |
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“Facebook–Cambridge Analytica Data Scandal” |
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