ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the links
Asian Management
UK's Kwik Fit embroiled in Asian corporate tussle
Investors on Friday voted to end a battle between a Hong Kong-based private equity house and the manager of an Asian real estate investment trust that has embroiled the British car servicing chain Kwik Fit.
UK's Kwik Fit embroiled in Asian corporate tussle
Investors on Friday voted to end a battle between a Hong Kong-based private equity house and the manager of an Asian real estate investment trust that has embroiled the British car servicing chain Kwik Fit.
Finance
On the eve of the 23rd meeting of the Goods and Services
Tax (GST) Council in Guwahati, traders’ associations and exporter bodies are
keenly awaiting decisions related to items in the 28% tax bracket, the monthly
filing of returns, the reverse charge mechanism, the e-way bill system, and job
work rates.
Insurance
Insurance policies have to be added to the list of products or services
to be mandatorily linked with Aadhaar. Linking of Aadhaar number - the 12-digit
number printed on an Aadhaar card - with insurance policies linkage is mandated
under the Prevention of Money-laundering (Maintenance of Records) Second
Amendment Rules, 2017, insurance regulator IRDAI has said, asking insurers -
general and life insurers alike - to implement the rules without awaiting
further instructions. Quoting or linking of Aadhaar - the 12-digit personal
identification number known as UID (Unique Identity Number) issued by the UIDAI
(Unique Identification Authority of India) - is compulsory for many tasks
today. These range from opening a bank account, a PPF (Public Provident Fund)
account or a Post Office account to using a mobile phone/SIM.
Supply Chain
The most wonderful time of the year? For US
retailers, the holiday shopping season is more likely the most nervous.
Hammered by price-conscious consumers and the rise of Amazon, bricks-and-mortar
chains are desperate for a strong finish to 2017. But to pull off a Christmas
miracle, they need the confidence of their suppliers, the big and small
consumer products companies that deliver the goods that line shelves and hang
from racks.
Source of Information for this issue: Google alert accessed on November13, 2017
Knowledge Is Power. Be Informed, Be Knowledgeable, Be Powerful.
Best wishes
Compilation
SK ABDUL GAFFAR
Asst. Librarian
Information and Documentation Division, 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,
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