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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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“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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European plane maker Airbus unveiled the longest range single-aisle airliner from its best-selling A321neo family, the A321XLR. The new aircraft will deliver an unprecedented Xtra Long Range of up to 4,700 nautical miles – 15% more than the A321LR and with the same unbeatable fuel efficiency. The aircraft is expected to enter service from 2023. |
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Our Cases |
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To know more about Airbus, read our case studies: |
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“Airbus: From Challenger to Leader” |
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“The Making of Airbus A380: A Triumph of Science and Engineering” |
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“Supply Chain Management at Airbus - Implementing RFID Technology” |
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Monzo is Launching in the US! |
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The UK-based mobile-only banking player Monzo Bank Limited (Monzo) announced its entry into the US. As the company is not yet a US bank, it plans to start its operations by partnering with a local bank until it gets US license. |
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Source: Monzo website, June 13, 2019 |
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Our Case |
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To know more about Monzo Bank, read also our case study “Monzo Bank: A Digital, Mobile-only Bank in the UK”. The case delves into the factors that led Monzo to emerge as the UK’s startup Unicorn. It also talks about the bank’s future plans which include partnering with organizations and expanding geographically. |
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