ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the link.
BANKING
MUMBAI: Deutsche Bank has named James McMurdo a former Goldman Sachs executive as its head of corporate and investment banking for the Asia Pacific region, an internal memo
said.
There are of course those who would shriek in
horror at the idea that any part of the financial system should be free from
the tender mercies of their regulation
BUSINESS
9:55 am IMF chief: As International
Monetary Fund chief Christine Lagarde's mandate enters the final stretch,
emerging-market powers seem hesitant about teaming up to try to wrest the job
away from Europeans.
The state-run aluminium maker
NALCO reported a 33.78 percent decline in its net profit to Rs 226.14
crore for the quarter ended September 30.
BUSINESS COMMUNICATION
BENGALURU, NOV 11:
GSAT-15, the country’s latest communications satellite, was
launched successfully by the European Ariane 5 VA-227 launch Vehicle in the
early hours of Wednesday.
The bloodshed in
Paris led U.S. officials Monday to renew calls for limits on technology that
prevents governments from spying on phone conversations, text messages and
e-mails.
FINANCE
New
Delhi, Nov. 12 : London Stock Exchange Group (LSEG) today signed a Memorandum
of Understanding with YES BANK, India's fifth largest private sector bank, to
develop collaboration around bond and equity issuance, with a particular focus
on Green Infrastructure Finance.
India’s villages face a
sharp spike in food prices in 2016, as a second year of drought drives up the
cost of ingredients such as sugar and milk, and poor transport infrastructure
stops falling global prices from reaching rural areas.
INDIAN BUSINESS
NEW DELHI --
Arundhati Bhattacharya, Chairperson of country's largest bank SBI, remains the
most powerful woman in the Indian business sector, according to Fortune India.
E-commerce giant
Amazon.com is taking lessons learnt from its daily battles with India's choked
roads and cramped cities to some of its largest developed markets, exporting a
model of cheaper deliveries and reduced warehousing costs.
INTERNATIONAL BUSINESS
HISTORY: Briton
Engineering Development Ltd, based at Scholes, Holmfirth, was established in
1979 to work in the snow sports industry manufacturing ski lifts as well as
working in other mainstream industries.
ODISHA BUSINESS
In its bid to help
thousands of pensioneers in the state,Odisha government today launched a portal to facilitate
them to create digital life certificates for smooth transaction of their montly
pensions.
Chief Minister Naveen Patnaik today said efforts are being made to set
up at least one government polytechnic centre in each sub-division of Odisha.
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Source of Information for this issue : Google alert accessed on Google alert on November 17, 2015
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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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