air india, zomato, uber, cronavirus, hotstar, disney plus

1. Current News
By :
Priya Chandani (037)
Shivam Singh (053)
Niket Chaurasia (032)
Lingaraj R (029)

2. US-Iran hostility : India feels
heat of crude oil price hike
What is worrying for countries like India
is that it depends almost entirely on
imports for all its oil needs and that the
oil prices can go up and stay in the
higher region. This can seriously impact
the fiscal deficit of the country.
Due to US sanctions against Iran, India had already cut its oil imports
from Iran, which used to be about 10% of India’s total oil imports.
For India Inc., the rising oil prices will erode
the margins for many oil-based sectors
such as paint, cement, aviation and
adhesive sectors.

3. SBI new interest rates
From To
Car and home loans up to ₹30 lakh 8.15% 7.90%
Car and home loans of ₹30 lakh to 75 lakh 8.45% 8.20%
Car and home loans above ₹75 lakh 8.55% 8.30%
The new rates are the lowest in the last ten years.

4. Why SBI pulled down interest rates
to a decade low?
Since 2007, the overall real estate sector, especially the housing sector
(real estate sector) and automobile market has shown a consistent
slowdown.
According to SBI, this revision of interest rates can push sales of the semi
luxury and luxury cars and also provide some impetus to the luxury real
estate market.

5. Ranjan Kumar Mishra, CGM, ILO, SBI, said, “The RBI is bringing down
the repo rate. SBI has already linked the interest rates with the repo
rate. So when the repo rate changes, we keep changing our interest
rates. Also many people were holding their purchasing decisions.
After the SBI initiated this move, other private banks are also expected
to turn their interest rates down. This might provide much needed
fluidity in the market.

6. Air India

7. Brief Introduction
• Founded by J.R.D. Tata as TATA Airlines in 1932.
• CEO - Pradeep Singh Kharola
• Subsidiaries - Air India Express, Air India SATS
• third-largest carrier by market share

8. New Offer
• 100 percent stake in Air India, 100 percent stake in Air India Express,
and 50 percent stake in Air India SATS Airport Services.
• Last Date for bid is 17th March
• Net worth of RS 5000 thousand crores not MANDATORY
• New Buyers have to take on Debt of RS 23 thousand crores
• An Indian Company has to hold the 51% stake.

9. Zomato – Uber EATS MERGER

10. Introduction
Zomato
• Founded in 2008 by Deepinder Goyal
• Available in more than 24 countries
Uber Eats
• Launched by Uber in 2014
• Founded by Travis Kalnick & Garrett Camp

12. Deal
• On 21st January,2020 acquired Uber
Eats for 350 million.
• It will give Zomato a 50-55% market
• Uber will get about 10% Share in
Zomato
• Zomato will not absorb Uber Eats team

13. Disney Plus coming to India on March 29, but
what will be the price?

14. DISNEY PLUS COMING TO INDIA ON MARCH 29, BUT
WHAT WILL BE THE PRICE?
• THIS WAS CONFIRMED BY DISNEY CEO ROBERT IGER IN THE FIRST QUARTER,
2020 EARNINGS CALL. DISNEY+ WILL COME AS PART OF HOTSTAR, ACCORDING
TO HIS COMMENTS.
• DISNEY+, THE NEW STREAMING SERVICE WITH EXCLUSIVE CONTENT FROM
WALT DISNEY COMPANY’S VAST BANK, IS OFF TO A BIG START. DISNEY+
LAUNCHED IN THE US, CANADA AND THE NETHERLANDS ON NOVEMBER 12,
AND ACCORDING TO THE COMPANY, HAS ALREADY GOT 10 MILLION
SUBSCRIBERS SIGNED UP IN JUST UNDER TWO DAYS.
• DISNEY SAW THIS AS AN OPPORTUNITY TO USE THE PROVEN PLATFORM OF
HOTSTAR TO LAUNCH THE NEW DISNEY PLUS SERVICE IN THE CRUCIAL INDIA
MARKET.

15. •HOW WILL ONE STREAM DISNEY+?
THE DISNEY+ SERVICE WON’T JUST BE LIMITED TO APPS
ON ANDROID AND IOS AND THE OFFICIAL WEBSITE. LIKE NETFLIX AND
AMAZON PRIME VIDEO, IT WILL WORK ON GOOGLE CHROMECAST,
ANDROID TV DEVICES, LG SMART TVS WITH WEBOS, MICROSOFT (XBOX
ONE), SAMSUNG SMART TVS. ALL ANDROID-BASED TV AND PLAYSTATION 4
AND ROKU STREAMING DEVICES WILL GET THE SERVICE.

16. • WHAT DOES THIS MEAN TO THE VIDEO STREAMING MARKET?
DISNEY’S VAST CONTENT INCLUDES THE MARVEL FRANCHISE WITH ALL THE AVENGERS
FILMS, AND THE STAR WARS FRANCHISE, ALL WITH A FAN BASE RUNNING INTO MILLIONS.
THEY WILL FLOCK TO THE PLATFORM AS SHOWS OR FILMS. IN 2019, DISNEY ACQUIRED
21TH CENTURY FOX, WHICH GAVE IT CONTROL OVER THE ENTIRE FOX NETWORK, CABLE
TV CHANNELS, STAR NETWORKS IN INDIA, AND EVEN A 30 PER CENT STAKE IN HULU.
DISNEY+ WILL ALSO HAVE CONTENT FROM PIXAR, NATIONAL GEOGRAPHIC. PLUS
DISNEY+ HAS A BUNDLED OPTION FOR US SUBSCRIBERS TO GET ACCESS TO ESPN AND
HULU AT $12.99, WHICH MEANS IT WILL ALSO PROVIDE SPORTS CONTENT AND CONTENT
FROM HULU. HOWEVER, DISNEY+ WILL BE FAMILY-ORIENTED WITH NO ADULT OR R-RATED
CONTENT

17. THE CORONAVIRUS IS
INFECTING THE GLOBAL
ECONOMY.
1.The virus is impacting some of the biggest names in tech.
2.Disruption in global supply chain.
3. Chinese oil demand slumps as coronavirus outbreaks.
• U.S WTI oil price fell by 3% and trading @ $49.92 pb.
• Brent crude was down by 3% and trading @ $54.43 pb.
4. The coronavirus outbreak hits the world’s second largest
economy. It’s estimated that china GDP will come down to
4.5%.
5. The coronavirus will hit the tourism and travel sector hard.

18. AMAZON PUMPS IN OVER RS 4,400 CR IN
INDIA
BUSINESS.
• THE COMPANY IS INVESTING IN ITS VARIOUS UNITS IN INDIA.
• TWO ENTITIES - 'AMAZON CORPORATE HOLDINGS' AND 'AMAZON.COM.INCS
LTD' ARE PUMPING IN
RS 3,400 CRORE IN AMAZON SELLER SERVICES (MARKETPLACE UNIT)
RS 900 CRORE IN AMAZON PAY (INDIA) (PAYMENTS ARM) AND
RS 172.5 CRORE IN AMAZON RETAIL INDIA (FOOD RETAIL BUSINESS).

19. THANK YOU.