ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the link.
BUSINESS
MUMBAI: The
continuing slide in the Chinese markets - combined with weakness of the rupee,
strong selling by FIIs and below-normal monsoon - led to a 308-point loss on
Monday in the sensex which ended at 24,894, its lowest close in 15 months.
Prime Minister Narendra Modi is to meet top industry
leaders to deliberate on the recent developments in the global economic
scenario in India.
INDIAN BUSINESS
It was a power packed
affair at Business Today's Most Powerful Women in Indian Business awards
conferred on September 10 at ITC Grand Central, Mumbai.
INTERNATIONAL BUSINESS
International
Business Machines Corporation (NYSE:IBM) had a weak trading session and its
shares were last down at $145.09, down -2.14% or -1.45 points.
INSURANCE
Employees Provident
Fund Organisation is likely to increase the maximum insurance cover for
subscribers under the Employees' Deposit Linked Insurance Scheme.
ODISHA BUSINESS
Aluminium major National Aluminium Company Ltd (Nalco) said it will invest Rs
30,000 crore in Odisha, which has unveiled a new industrial policy aimed at
attracting investments worth Rs 1,73,000 crore.
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Source of Information for this issue : Google alert accessed on Google alert on September 14, 2015
We welcome your suggestions in improving this information updating service.
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Best wishes
Compilation
Dharitri Pradhan
Library Professional Trainee
Information and Documentation Divison, Chanakya Central Library
Asian School of Business Management
Shiksha Vihar Bhola,
Barang Khurda Road, Chandaka
Bhubaneswar-754012
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