Monday, May 25, 2015

ASBM Business Updates Vol. 4(10) 25 May 2015, Monday from Chanakya Central Library, Asian School of Business Management, Bhubaneswar.



 ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the link.
BUSINESS COMMUNICATION
Taking a step towards the goal of ‘Make in India’ and ‘Digital India’, the government on Tuesday released a roadmap for machine-to-machine (M2M) communications.
The roadmap will serve as a reference document for the use of machine communications.
“M2M communications will impact every aspect of life of common man and results in substantial and tangible social and economic benefits to consumers, businesses, citizens and government,” Union Minister of Telecommunication Ravi Shankar Prasad said while releasing the roadmap.
He said when the country is focusing on digital empowerment; it has to be ensured that it plays a lead role in the implementation of M2M technologies.
The minister also asked all concerned agencies to join hands to ensure that all needed infrastructure is put in place at the earliest.
M2M communications, also known as Internet of Things, is a network of multiple devices that interact among themselves with the help of internet or wireless connectivity.
“M2M has great potential to transform India and it is going to be key enabler for the government vision of Digital India, Make in India and proposed smart cities in India,” Prasad said, adding that the standardization of M2M roadmap becomes more important as the country heads towards setting up 100 smart cities and introducing digitalization all over the country.

ODISHA BUSINESS
Tourists visiting Odisha will soon have a new destination - a Rock Garden - in line with the one at Chandigarh.
The proposed rock garden is to come up in Ambapua locality here and will require about Rs 7 crore, officials said here.
The state government has already sanctioned Rs 50 lakh for carrying out preliminary work on the proposed project which would be executed by Berhampur Development Authority (BDA).
Secretary of BDA Dipti Mohapatra said a Delhi-based architectural firm had designed the park and the same was presented before Chief Minister Naveen Patnaik.
"We have prepared a Detailed Project Report (DPR) for the proposed rock garden. It will be submitted to the government soon for approval", Mohapatra said.
About two acres of land have already been identified for the purpose and efforts are on to acquire more adjoining land to add more features in the proposed garden, she said.
Giving an outline of the proposed project, she said as the name suggest, almost all artefacts in the garden would be made of rock and sculptures carved out of stone. The garden would be illuminated by solar energy, water to be stored through rain water harvesting structure besides other amusement facilities.

SUPPLY CHAIN

Apple plans to make its supply chain in China greener as a way to cutdown on carbon emissions from its product manufacturing, the company announced, according to PCWorld.
The U.S. tech giant has already been making its offices and data centers more environmentally friendly, but wants to extend those efforts to its suppliers in China, Apple CEO Tim Cook said in a statement.
Although the transition to greener manufacturing will take years, Cook said it is important work that needs to be done.
In China, Many Apple products, including the iPhone and iPad, are assembled in large factories run by Foxconn Technology Group and by other large contract manufacturers.
In the past, however, Apple has come under criticism for failing to monitor the labor and environmental conditions at its suppliers. In 2011, a Chinese environmental group accused alleged Apple suppliers of discharging harmful waste and gas.
Apple didn’t mention how it would make its supply chain more green. But to keep its suppliers in line, the company already conducts routine audits of its manufacturers. These investigations have focused on finding and correcting any environmental violations. Last year, the company worked with the manufacturers to reduce water use and prevent water pollution.
On Monday, Apple also said its goal was to make 100 percent of its global operations run on renewable energy. Currently that figure is at 87 percent.
Three weeks ago, Apple launched its first major solar power project in China, which will span two 20-megawatt solar farms. Chinese companies are partnering with Apple on the project, which will be completed at year’s end.

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Source of Information for this issue : Google alert accessed on Google alert on May 18 & 20 ,  2015
We welcome your suggestions in improving this information updating service.
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Best wishes
Compilation
Sabita Sahu
Junior Librarian

Information and Documentation Divison, Chanakya Central Library
Asian School of Business Management
Shiksha Vihar Bhola,
Barang Khurda Road, Chandaka
Bhubaneswar-754012
www.asbm.ac.in
Tel: 0674-2374832, 2374833
E-mail: library@asbm.ac.in
 

Sabita Sahu :Junior Librarian Knowledge and Information Services Unit, Chanakya Central Library, Asian School of Business Management, Bhubaneswar. library@asbm.ac.in ; www.asbm.ac.in

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