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Nano’s Failure And Why It Is A Success

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Tata Motors launched the Nano over a decade ago and through the years, there has been only one thought in everyone’s minds: why did this tiny car fail so miserably? The marketing was done on a large scale, with the car being pivoted as the first battery powered car. However, despite its best intentions, this particular car failed miserably. While one would have thought the company would learn from its disastrous failures, Tata Motors recently announced its intention to re brand the car as an electric car.  Most people think this is a really bad idea while others look at what they can learn from Tata’s successful failure. Here is looking at how to grow despite having fallen so hard on your face!

1. Communicate clearly and often

If there is one thing Ratan Tata learnt form the failure of Nano, it was to communicate your message clearly. Listen to the message your advisers are giving and let them know something goes wrong.

2. Stay humble 

Humility is one of those traits that goes a long way in establishing yourself. Being humble shows how much in touch with reality you are and how far you can go to protect what you built up from nothing. One of the main reasons Nano is making a comeback is for this very reason. Ratan Tata knew what he did wrong and was never afraid to show his mistakes.

3. Promote your work quietly and with grace

One of the major things which went wrong with the Nano is the promotional style. If only Tata Motors had promoted the car quietly and with grace, the car could have done wonders in the country!

4. Be yourself 

Ratan Tata should have been true to his ideas. “I realised the shoes I had to fill were far too big to mimic (taking over from his uncle J. R. D. Tata in 1991), and so I decided to be myself and that to do what I thought was right would be the way to go,” Ratan Tata had said about his family.

Nano is poised for a comeback and how! If you think you learnt something unique from Nano, then comment and let us know!

 

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  1. Byamxzu

    April 11, 2025 at 10:07 am

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Meta’s Upcoming AR Glasses: A Sneak Peek

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Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.

Specifications and Features

The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.

Design and Competition

Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.

Future Plans

In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.

MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.

As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.

This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service

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Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

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Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

Nazara Technologies has sold its entire 71.54% stake in Sports Unity Private Limited, the company behind the multiplayer quiz game ‘Qunami’, for INR 7.15 lakh. This divestment, effective March 25, 2025, signifies a strategic shift for Nazara, which had previously acquired a controlling interest in Sports Unity in 2019 for INR 7.5 crore.

The decision to offload the stake comes as Sports Unity has faced financial difficulties, reporting no active business operations and a negative net worth of INR 0.45 crore at the end of FY24. This move aligns with Nazara’s broader strategy to streamline its operations and concentrate on more profitable ventures within the gaming sector.

This sale follows Nazara’s recent divestment of a 94.85% stake in another subsidiary, Open Play, to Moonshine Technologies for INR 104.33 crore. Despite reporting record quarterly revenue of INR 544.7 crore in Q3 FY25, Nazara experienced a 53.5% decline in net profit year-over-year.

Nazara continues to focus on enhancing its portfolio through strategic acquisitions and investments in high-potential gaming platforms while navigating the competitive landscape of the gaming industry.

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