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Reliance Industries topples IOC to become India's largest company
Source: Livemint, December 16, 2019
Boosted by its consumer-facing businesses like organized retail and telecom, Reliance Industries ended state-owned Indian Oil Corporation's (IOC) 10-year reign as India's largest company, topping the Fortune India 500 list. With a revenue of INR5.81 lakh crore in 2018-19, the Mukesh Ambani-led conglomerate also became the first privately-held and the only other company to become India's largest corporation apart from IOC for the first time in 10 years, Fortune India said.
Our Case
Our case study describes the story of Reliance right from its inception (1960) till March 2019. It then elaborates on the growth trajectory of Reliance Industries Ltd (RIL) under Mukesh Ambani’s leadership. His expert business acumen in expanding his business empire is discussed as also the company’s foray into a plethora of retail businesses through its subsidiary Reliance Retail Ltd (RRL). The case study takes a look at RIL’s journey in the Petrochemical segment and its foray into broadband and internet services through Reliance Jio Infocom (Jio). To know more read our case:
“Mukesh Ambani and Reliance Industries”
Aadhaar a game changer but concerns on security remain
Source: Livemint, December 12, 2019
The rollout of the 12-digit unique identification number Aadhaar has been one of the biggest game changers for India in the past decade. Modelled after the US’s social security number, Aadhaar has now become the world’s largest biometric identification—iris and fingerprint scan, with the Unique Identification Authority of India (UIDAI) having issued more than a billion cards.  The 12-digit unique identity project was, however, criticized over the privacy and security of personal data collected by the UIDAI and over concerns on its compulsory use for availing most services.
Our Case
Aadhaar has been linked to many Government of India welfare schemes and is used as identity proof to open a bank account, get a passport, etc. However, there have been substantial deliberations over the privacy and security issues related to the Aadhaar project. Aadhaar is considered to be prone to possible system hacks, insider leaks, and tampering of authentication records and audit trails in the absence of proper security policies. To know more, read our case:
“Aadhaar Data Leaks: How Secure is the World’s Largest Biometric Database?”
IKEA to open three stores in Mumbai, recruit 1,000 people
Source: Business Line, November 26, 2019
Home furnishing retailer IKEA plans to open three stores in Mumbai. This would include a flagship store in Navi Mumbai as well as two smaller outlets. It is also looking at recruiting 1,000 people, mainly for the Navi Mumbai store, which is set to open within a year. IKEA India’s larger stores will be spread over an area of more than 45,000 sq m, while the small-format ones will span an area of over 6,500 sq m.
Our Case
IKEA has its presence in 44 countries around the globe – in countries like the US, the UK, Russia, the Euro region, Japan, China, Australia, etc. However, it did not enter the Indian market till 2013, though the company had its presence in the country since the 1980s as a sourcing destination for its global stores. After years of lobbying, and negotiating with and convincing the Indian politicos and bureaucrats, on May 2, 2013, IKEA's €1.5 billion investment proposal to set up its stores in India was finally accepted by the local government. To know about issues related to IKEA's market entry strategy and expansion in India, read our case:
“Business Model and Competitive Strategy of IKEA in India”
Royal Enfield will return to double digit growth: CEO
Source: Livemint, November 17, 2019
Record retail sales in October have given Royal Enfield’s new CEO Vinod Dasari the confidence to ‘call’ the trough in the current cycle, and he expects sales volumes of the popular Bullet bikes to accelerate from here – possibly in double digits. The October turnaround came after sales declined in double digits this year. Dasari said the brand would get back to double-digit growth led by sustained product action and increasing reach, both locally and internationally.
Our Case
Royal Enfield motorcycle brand was introduced in the Indian market during the mid-nineteenth century. It was highly preferred by rural customers and the government departments like the police and the armed forces. During the late nineties, sales of the brand declined due to a number of factors like poor quality, lack of a proper sales and service network, and weakening of the brand image. In order to turn around the fortunes of Royal Enfield, the management began taking a number of marketing initiatives in the early 2000s. To know more, read our case:
“Royal Enfield: Revival of a Cult Brand”
 
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India`s Kalyan Jewellers
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Alibaba`s `New Retail`
Bandhan Bank`s Valuation
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Wells Fargo-The Fake
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Swiggy`s Delivery Model
Kheyti`s Greenhouse-in-a-Box
Sulabh International: Providing
Grofers` Growing Ambition
Passenger Data Breach
Maruti`s Digital
Apple`s Homekit: Bringing
Aadhaar Data Leaks: How
Algorithms to Style People
Planned Obsolescence:
Sterlite Copper Plant
Ashley Madison Hacking
Facebook–Cambridge
Eliminating Modern Slavery
IKEA`s Challenges in Russia
Should Coca-Cola Enter
Tesco Exits Turkey
ChemChina-Syngenta
Petrobras Scandal: Brazil`s

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