Business Governance & EnvironmentCase Study 1. The Uber Delhi case2. The FabIndia Goa case

Uber case• Uber is an American international transportation network company

headquartered in San Francisco, California. It develops, markets and operates the Uber mobile app, which allows consumers to submit a trip request which is then routed to sharing economy drivers. As of March 26, 2015, the service was available in 55 countries and more than 200 cities worldwide

• Uber's launch in Bangalore on August 29, 2014,• In July 2014 Uber's announced a nationwide rollout of UberX in India. In

addition to a Bangalore presence, Uber's inaugural Indian location that was publicized in August 2013, drivers in Delhi, Hyderabad, Chennai, Mumbai and Pune made UberX available to users in those cities.

• In December 2014, following allegations of rape against an Uber driver in New Delhi, India

Uber case• Uber was banned from New Delhi for not following the city's

compulsory police verification procedure.• Delhi's transport department banned Uber from all activities related

to the provision of any type of transport service in the city.• Uber issued a statement stating that it would work with the Indian

government "to establish clear background checks currently absent in their commercial transportation licensing programs.

Uber Case - POA• Through Background Verification check• Police Verification – NOC• Women Drivers• Repetitive reminders on code of conduct• CARE India – Collabration for women betterment• Resolution and fastrack the case for justice to victim• Apply Global standards on safety parameters – SHE (Safety

Health & Environment) policies

FabIndia case• Fabindia (or Fabindia Overseas Pvt. Ltd.) is an Indian chain store retailing garments,

furnishings, fabrics and ethnic products handmade by craftspeople across rural India. Established in 1960 by John Bissell

• Fabindia started out exporting home furnishings, before stepping into domestic retail in 1976, when it opened its first retail store in Greater Kailash, New Delhi. Today it has over 170 stores across India and abroad

• On April 3, 2015, Union Miniser of Human Resource Development, Smriti Irani allegedly spotted a camera positioned to record near a changing room, at an outlet of Fabindia in Candolim, Goa. She immediately raised an alarm, alerting her husband and then called a local legislator, Micheal Lobo, who lodged an FIR or First Information Report.

FabIndia case• 2 Employees were arrested and case was lodged.• Negative publicity was presented where target was the “FIRM”

rather individual.• Zero tolerance on such act• Women empowerment in the Company structure• Regular Audit , Inspection on Store changing and rest rooms• Portray the women rural connect they have and benefit

provided to them.

Week 11 – 15 May sensex movement

News of the week• K.V Kamath appointed as the President of BRICS bank.• India – China signs deal for 22 Billion $• Zomato,Ola founders mock Rahul Yadav’s call to give half their

sahres to their employess.• Reliance GIO raises Rs.4500 CR for 4G

1. K. V. Kamath appointed as the president of BRICS Bank

• K. V. Kamath appointed as the president of five-member BRICS nation bank named as NDB (New Development Bank), as India got the right to appoint the president as per the agreement.

• Its Headquarter will be based in Shanghai, China.

• It will have initial authorized capital of $100 Billion.

• Equal Capital Contribution has been decided so that the development bank does not fall into the ownership pattern.

• The BRICS nations account for nearly $ 16 trillion in GDP and 40% of world’s population.

• India is hoping to get more funds for infrastructure development from the Bank.

2. India-China signs deals for $ 22 Billion.

• In areas including Renewable Energy, Ports, Financing & Industrial Park• In order to boost the economic ties and to

control over border dispute between the neighbors.• As India has the potential in manufacturing,

processing as well as infrastructure, China will get an advantage of it.

• Also China is the biggest trading partner of India with two-way commerce.

• Many Chinese Bank to finance Indian firms including deals in the telecom, steel, solar energy and film sectors.

3. Zomato,Ola founders mock Rahul Yadav’s call to give half their shares to their employees

4. Reliance JIO raises Rs.4500 CR for 4G

• Reliance Jio has signed loan of $750 to fund electronic purchases from Samsung Electronics and Ace Technologies.

• Loan backed by Korean Trade Insurance Corp, popularly called K-Sure.

• Nine banks already dealing with Reliance will be funding the loan eg Hongkong and Shanghai Banking Corporation Ltd, JPMorgan Chase Bank, Australia and Newziland Banking Group Ltd etc