Wednesday, May 7, 2025

 

ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(66) Date. 07.05.2025

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

 

GLOBAL BUSINESS NEWS

 

Warren Buffett plans to retire by year's end, recommends Greg Abel as his successor to lead ...

International Business News: Warren Buffett on Saturday announced his plans to retire by the end of the year recommending Greg Abel as his ...


International Business Machines (NYSE:IBM) Advances Tax AI Solutions With EY.ai Collaboration

International Business Machines (NYSE:IBM) recently announced a significant expansion of its alliance with the EY organization to launch EY.ai for ...

Apple expects $900m hit from US tariffs, shifts majority of iPhone production to India

International Business News: Apple reported strong first-quarter profits, but CEO Tim Cook cautioned about US tariffs potentially costing the ...

Current Challenges and Opportunities in U.S.-International Business Cooperation

However, the current tariff conundrum is putting a stop to both international trade and foreign companies wishing to establish their businesses in the ...

Wall Street opens higher: Nasdaq soars 350 points, boosted by Meta and Microsoft earnings

International Business News: US markets opened positively, fueled by strong quarterly results from tech giants like Microsoft and Meta, ...

Warren Buffet, world's 5th richest person, has $169 billion net worth: Here's a look at his investments

International Business News: Warren Buffett, the legendary investor, will retire as CEO of Berkshire Hathaway at the end of 2025, passing the ... 

INDIAN BUSINESS NEWS 

Indian business leaders harness AI for sustainability, but talent shortage is holding them back

Indian business leaders are embracing AI for environmentally responsible outcomes, surpassing global averages. They express optimism about AI's ...

India's manufacturing growth hits 10-month high in April on export surge: Report

India Business News: India's manufacturing sector surged in April, reaching a 10-month high driven by strong export orders and output growth.

Piyush Goyal meets business leaders in London to boost India-UK investment and trade ties

Union Minister of Commerce and Industry Piyush Goyal's meetings in London, focused on boosting investment ties and strengthening bilateral trade ...

India's ₹25 lakh cr social sector deserves a management model of its own - The Hindu

India's social sector growth demands a unique management framework - Development Management - to drive lasting change and nation-building.

ODISHA BUSINESS NEWS

APEDA and Odisha Govt host Capacity Building Programme to boost agricultural exports

... Companies, women agripreneurs, departments of the Government of Odisha and exporters from all across Odisha. Several GI Tagged and Agri-Products ...

Odisha Governor Calls for Entrepreneurial Growth at INWEC Women's Business Mela 2025

A Call for Innovation and Growth in Women-Led Businesses ... Odisha Governor Dr. Hari Babu Kambhampati called for the creation of an environment that ...

Odisha Government Partners with Four Corporations to Boost Agricultural Development for Farmers

Seed Production and Supply Chain Focus · Infrastructure and Equipment Goals · Business Enterprises and Subsidies · Cashew Cultivation Enhancement.

Singh Deo urges exporters to explore GI products from Odisha for promotion in global market

The event exhibited over 10 stalls represented by Farmer Producer Organisations (FPO)/ Farmer Producer Companies, women agripreneurs, departments of ...

Vedanta Aluminium COO Sunil Gupta takes helm as the new CII Odisha chairman - alcircle

Sunil Gupta, Chief Operating Officer (COO) of Vedanta Ltd's Aluminium Business, has taken over as Chairman of the Confederation of Indian Industry ...

SECURITY MARKET NEWS

Global stock markets advance as China considering Trump's tariffs evaluation after US overtures

International Business News: Global markets surged following China's consideration of US tariff negotiation overtures, boosting investor ...

Asia-Pacific markets mixed as investors assess China's promises to support industries

This comes on the back of a recovery in its oil-to-chemicals business as well as a pick up in its customer-focused segments. Reliance Industries ...

Foreign investors back with $4.11 billion in Indian equities! FPIs extend longest buying ...

India-Business News: Foreign investors have resumed purchasing Indian stocks, marking their longest streak since July 2023, driven by optimism ...

Share Market Highlights 2 May 2025: Profit booking leads to negative bias in Indian markets

The company's equity base will increase from 24,47,35,820 shares to 26,49,61,920 shares. 16:15 | May 2, 2025. Marico reports ...

GENERAL NEWS

Pakistani goods worth $500 million reportedly entering India via intermediary countries, says official

India Business News: Amidst heightened tensions following a terrorist attack, India is reportedly considering a complete ban on direct and ... 

Malaysia Technology Excellence & National Business Awards 2025 Winner

These innovations have earned Aventra Group the Excellence Award - Aviation category at the Malaysia National Business ... Asian Banking & Finance.

How AI Is Transforming Supply Chain Operations in 2025 - Inbound Logistics

Discover how companies are using artificial intelligence to revolutionize supply chain operations—from predictive analytics and demand forecasting ...


Source of Information for this issue: Google alert accessed on 7th May, 2025
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Rasmita Barik
Information and Documentation Division, Chanakya Central Library.
ASBM University, ShikshaVihar, Bhola, Barang, Khurda Road, Chandaka Bhubaneswar- 754012
Website: 
www.asbm.ac.in, Tel: 0674-2374832, 2374833, Email: Library@asbm.ac.in,
DrManashriNath, Librarian, Knowledge and Information Services Unit, Chanakya Central Library, ASBM UNIVERSITY Bhubaneswar. 
Library1@asbm.ac.inwww.asbm.ac.in

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wednesday, April 30, 2025

ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(65) Date. 30.04.2025

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

 

GLOBAL BUSINESS NEWS

The Global Economy Enters a New Era - International Monetary Fund (IMF)

The US effective tariff rate surged past levels reached during the Great Depression while counter-responses from major trading partners significantly ...


Trump's tariff tumble: The twist in US-China trade war - Times of India

International-Business News: Donald Trump seems to be softening his stance on the trade war with China. He hints at lowering tariffs, ...

Kimberly-Clark's $4 billion international tissue unit set for three-way M&A fight, sources say | Reuters

... international tissue business valued at around $4 billion, four people said. The three short-listed companies are doing due diligence on the business ...


International Business
 Machines (IBM) Is About to Report Q1 Earnings Tomorrow. Here's ...

International Business Machines (IBM) is scheduled to announce its results for the first quarter of 2025 on April 23. IBM stock has risen by mor.


International Business Machines Corp. Q1 Profit Decreases, But Beats Estimates - Nasdaq

 (RTTNews) - International Business Machines Corp. (IBM) announced earnings for first quarter that decreased from the same period last year but ...

 

INDIAN BUSINESS NEWS


SAP: Indian Businesses Are Embracing AI to Transform Core Business Functions

At the SAP NOW AI Tour in Mumbai, SAP India today revealed new analysis into how Indian businesses are benefiting from artificial intelligence ...

Elon Musk's Tesla eyes India to diversify its global supply chain; in talks with CG Semi, Micron

India-Business News: Tesla is in discussions with Micron and CG Semi to diversify its semiconductor supply chain, reducing reliance on China ... 

India has solid opportunities, but volatile in terms of growth: P&G - The Economic Times

Despite its solid growth opportunities, India is categorized as an 'enterprise market' due to its inherent volatility. P&G's India business ... 

UBS to sell India wealth business to 360 ONE, take 5% stake in India partner - The Hindu

UBS will sell its Indian onshore wealth business to asset manager 360 ONE WAM in a deal valued at 3.07 billion rupees ($36 million), while taking ...


India's Retail Market Set to Reach $1.6 Tn by 2030

The retail landscape in India is also being shaped by the rise of organized retail formats. From luxury malls in metro cities to modern high streets ...


India's Mahindra Logistics posts narrower fourth-quarter loss - Reuters

India's Mahindra Logistics reported a smaller quarterly loss on Monday, helped by growth in its key contract logistics division and a narrower ...

 

ODISHA BUSINESS NEWS


Odisha targets 130 mt steel capacity by FY30, while India aims for sustainable growth

Odisha aims to triple steel capacity by 2030, attracting ... Business News Companies News Markets News Economy News Forex News Agri ...


Jindal Stainless gains after commissioning Odisha's largest captive solar energy plant

With a combined capacity of over 30 MWp, this installation is now the largest captive solar energy plant within a single industrial campus in Odisha.


Odisha targets to triple steel production by 2030, says CM Mohan Majhi - The Hindu

He said the state, received investment proposals worth Rs 17-lakh crore at the two-day business conclave, “Utkasrh Odisha” held in January with a ...

Odisha establishes high-level Task Force to ensure smooth operation of Industries in the State

... Business EconomyPosted at: Apr 25 2025 8:01PM. Odisha establishes high ... The session, held at the Bombay Exhibition Centre, showcased Odisha's steel ...

Odisha CM meets with Spanish ambassador, invites apparel brands for sourcing, innovation centres

Spanish clothing companies ZARA, Desigual, and Mango were invited by the CM to investigate joint innovation centres and sourcing hubs in the ...

 

SECURITY MARKET NEWS


Tesla's profits plunged by 71% in Q1 2025. Can Elon Musk turn it around? - Times of India

International-Business News: Tesla faces a significant challenge as profits plummet by 71% due to backlash against Elon Musk's political ... 

Stock market today: BSE Sensex opens over 550 points up - Times of India

India-Business News: Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, continued their upward trend on Monday ... 

Motilal Oswal sees 20-25% growth opportunity in wealth business - CNBC TV18

Motilal Oswal Private Wealth is targeting higher growth than the overall industry, backed by structural shifts in the wealth management space.


After banking, It's time to buy IT Stocks - Stock Insights News | The Financial Express

While Bank Nifty are soaring to new highs, IT stocks have taken a backseat—until now. A sharp correction in the Nifty IT Index may set the stage ...

 

GENERAL NEWS


Reliance Industries becomes first Indian company to cross total equity of over Rs 10 lakh crore

Reliance Industries reports a rise in its March quarter net profit. The company's retail business rebounded. Its oil business defied the global ...


iD Fresh Food appoints Shobhit Malhotra as CEO – International Business to drive global expansion

iD Fresh Food, India's most loved fresh food brand, today announced the appointment of Shobhit Malhotra as chief executive officer – International ... 

Apple and Meta attack 'unfair' €700m EU fines

The European Union has ordered Apple and Meta to pay a combined €700m (£599m) in the first fines it has issued under legislation intended to curb the power of big tech. It has issued a €500m (£428m) fine to Apple over its App Store, while Meta has been ... 

MC Exclusive | RBI asks banks to show prudence with banking apps - Moneycontrol

Mobile banking app. Should banks operate multiple apps catering to the same customer segment? This is the question the Reserve Bank of India (RBI) has ...


Government working to reduce regulatory issues in logistics sector - The Economic Times

The government is actively working to reduce regulatory hurdles in the logistics sector to improve ease of doing business and attract investments.

 

Source of Information for this issue: Google alert accessed on 30th April, 2025
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Rasmita Barik
Information and Documentation Division, Chanakya Central Library.
ASBM University, ShikshaVihar, Bhola, Barang, Khurda Road, Chandaka Bhubaneswar- 754012
Website: 
www.asbm.ac.in, Tel: 0674-2374832, 2374833, Email: Library@asbm.ac.in,
DrManashriNath, Librarian, Knowledge and Information Services Unit, Chanakya Central Library, ASBM UNIVERSITY Bhubaneswar. 
Library1@asbm.ac.inwww.asbm.ac.in

 


Wednesday, April 23, 2025

 

ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(64) Date. 23.04.2025

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

 

GLOBAL BUSINESS NEWS


International Business Machines (IBM): New Buy Recommendation for This Technology Giant

Stifel Nicolaus analyst David Grossman maintained a Buy rating on International Business Machines (IBM – Research Report) today and set a price .

Trade barriers are costly, but global recession unlikely: IMF chief - Times of India

International-Business News: IMF head Kristalina Georgieva says a global recession is unlikely. This is despite trade tensions sparked by US ...

China's export controls are curbing critical mineral shipments to the world

Business NewsNewsInternationalBusinessChina's export controls are curbing critical mineral shipments to the world. Browse Company. A · B · C · D · E ... 

US investors to offload $800 billion of China equities? Goldman Sachs warns of 'extreme ... 

International-Business News: Escalating US-China tensions could force US investors to divest $800 billion in Chinese equities, causing market ...

SMEs adopt AI for smarter financial decisions - Asian Business Review

... Asia-Pacific Broadcasting+ Awards · Asian Telecom Awards · Asian Management Excellence Awards · TDM Travel Trade Excellence Awards - Asia · Malaysia ... 

The EDB and the ESCAP to Launch an Experience-Sharing Project for Energy Professionals ...

Evgeny Vinokurov, Deputy Chairman of the Management Board and Chief Economist of the EDB, noted: "Central Asian economies are growing at 6% yearly. To ...  


INDIAN BUSINESS NEWS 


India's startup failure isn't about ambition, it's about the economy - Business Standard

Criticism of Indian startups may be valid, but the real culprit behind their consumer focus and lack of innovation is the govt's economic model.


Indian
 economy poised to overtake Germany, Japan in 3 years: NITI Aayog CEO

India-Business News: NITI Aayog CEO B V R Subrahmanyam projects India to surpass Germany and Japan, becoming the world's third-largest economy ... 

Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman to embark on an ... - PIB

The key priorities of the 13th EFD dialogue for Indian side ... management of prominent pension funds and asset managers in UK as participants. 

India's retail inflation logs 3.34% in March 2025, nearly 6-year low - Times of India

India-Business News: India's retail inflation hit a near six-year low of 3.34% in March, fueled by cheaper vegetables and protein-rich foods.

India finalises electronics components scheme as it eyes major export growth

Key components like PCBs and camera modules will be made locally. Minister Ashwini Vaishnaw highlighted India's maturing electronics ecosystem and its aim to boost exports to $500 billion by 2030-31. 

ODISHA BUSINESS NEWS


Gadkari unveils projects worth ₹4K cr, says Odisha to get US-like highways | India News

Union Road Transport Minister Nitin Gadkari on Thursday said Odisha will soon get America-like highways ... Copyrights © 2025 Business Standard Private ... 

Hindustan Zinc fined Rs 71 cr for illegal fly ash disposal in Odisha - Business Standard

Vedanta group firm Hindustan Zinc Ltd (HZL) has said that State Pollution Control Board, Odisha, has asked it to deposit a compensation of Rs 71.1 ...

IndianOil inks deal for mega petrochemical plant in Odisha - Fibre2Fashion 

India's Godrej acquires Savannah Surfactants' Food Additives Business ... Aramco, Sinopec plan petrochemicals boost at Yasref, Saudi Arabia. Chemicals ...

Vedanta asked to pay 'environmental compensation', plans legal recourse against Odisha ...

The order on compensation will be contested by the company after assessing the matter and examining the veracity, Vedanta said in its statement.

SCCL's global expansion begins with virtual inauguration of Naini coal mine in Odisha

Uniindia: Hyderabad, Apr 16 (UNI) The global expansion of State-owned Singareni Collieries Company Limited (SCCL) began with the inauguration of ...

Union Minister inaugurates agriculture marketing yard and floriculture polyhouse in Odisha

During the visit, Union Minister inaugurated a state-of-the-art polyhouse facility at Sabujasanatanpali Farmer Producer Company Limited (FPCL), ...


SECURITY MARKET NEWS


Sonata Software shares tumble over 12% as firm says international revenue could fall short ...

As highlighted by the company during its third quarter earnings call, the estimated decline in revenue was about 2.5 to 3.5 percent.

Investment Opportunities in Asian 'Domestic-Oriented' Stocks, JPMorgan Asset Management Says

Joanna Shen of JPMorgan Asset Management says current market volatility is largely due to geopolitical tension, adding that "we could be one tweet ...

Bharti Hexacom, Asian Paints are among 6 stock recommendations for Tuesday

Insurance & Wealth Management · Indices · Nifty 50 · Nifty 500 · BSE Sensex ... Market Trading Guide: Bharti Hexacom, Asian Paints are among 6 stock ...

Markets rally over 6% in 4 days, investors gain Rs 25.77 lakh crore - Key points

India-Business News: Indian markets concluded the week with significant gains, fueled by returning foreign investment and easing inflation.

Top stocks to buy tomorrow: Stock recommendations for April 21, 2025 - Jindal Steel & Reliance Infra

India-Business News: Stock market recommendations: Bajaj Broking Research suggests a positive outlook for the Indian stock market, ...

Sensex, Nifty surge over 2%: 5 reasons behind market rally | India-Business News

India-Business News: Discover the reasons behind the strong rally in Indian equity markets as Sensex soars over 1750 points and Nifty crosses ... 

Asia shares rise, bonds hold steady on some tariff reprieve

SINGAPORE, April 15 (Reuters) - Asia shares edged slightly higher on Tuesday, helped by gains in auto companies after U.S. President Donald Trump suggested he might grant exemptions on auto-related levies already in place. U.S. Treasury bonds steadied ...


HPE shares pop after activist Elliott Management takes $1.5 billion stake - CNBC

Hewlett Packard Enterprise shares jumped after Elliott Investment Management took a more than $1.5 billion stake in the server maker.


GENERAL NEWS


Bhutan king visits India's first International multimodal logistics park in Assam

He also visited the Inland Water Transport project on the Brahmaputra river. The logistics park aims to boost trade with neighboring countries like ... 

AI and Automation: Reshaping the Future of Supply Chain and Logistics

From warehouse automation to demand forecasting, explore how AI is reimagining supply chain operations to enhance efficiency and drive sustainable ...

India installs nearly 30 GW of solar and wind power in FY 2025 | Asian Business Review

... Management Excellence Awards · TDM Travel Trade Excellence Awards ... Asian Business Review. Your e-mail address. SIGN UP TO OUR NEWSLETTER ...

Tariffs war intensification to disrupt global supply chain, says FM Nirmala Sitharaman

... supply chain. "The intensification of tariff wars and the rise of protectionist policies have the potential to disrupt global supply chains ...

Mark Zuckerberg defends Meta in social media monopoly trial

His testimony is part of a case first brought by the Federal Trade Commission (FTC) in 2020 during the final days of the first Trump administration. The US competition watchdog alleges Meta unfairly dominated the market ...

 

Source of Information for this issue: Google alert accessed on 23rdApril, 2025
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Rasmita Barik
Information and Documentation Division, Chanakya Central Library.
ASBM University, ShikshaVihar, Bhola, Barang, Khurda Road, Chandaka Bhubaneswar- 754012
Website: 
www.asbm.ac.in, Tel: 0674-2374832, 2374833, Email: Library@asbm.ac.in,
DrManashriNath, Librarian, Knowledge and Information Services Unit, Chanakya Central Library, ASBM UNIVERSITY Bhubaneswar. 
Library1@asbm.ac.inwww.asbm.ac.in