ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources.
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Banking
MUMBAI: Overseas branches of Indian bankswill have to rejig their business model after the Reserve
Bank of India (RBI) decided to ban letters of undertaking (LoUs) as a trade finance instrument, since most of their assets abroad are
linked through this instrument.
Insurance
Talk of a potential split of Prudential’s businesses
and a revamp of the British-based insurance group’s mature UK division has been
around for years. But despite occasional pressure from investors and hints from
management that a break-up was an option the idea was always put aside.
International
Business
Ottawa, ON, March 15,
2018 (GLOBE NEWSWIRE) -- March 15, 2018 – Ottawa, ON – For Immediate ReleaseOnce
again, the Ottawa-based Tomlinson Group of Companies (Tomlinson) is recognized
for its visionary leadership in technology, innovation and business success. On
March 14th in Banff, Alberta, Lystek International Inc. (Lystek), part of
Tomlinson’s Environmental Services Division, was presented with the Canadian
Construction Association, International Business Award. The CCA awards
recognize the important contributions of individuals, organizations and
projects that promote and enhance the Canadian construction industry, whether
through innovation, projects, or dedication to the industry.
Supply Chain
By Gary Forger, Special
Projects Editor, Supply Chain Management Review · March 14, 2018This
month we spoke with Barbara Ivanov, director of the Urban
Freight Lab at the University of Washington. She is also chief
operating officer of the school’s Supply Chain Transportation and Logistics
Center. Previously, Ivanov worked on freight research projects with the U.S.
Department of Transportation, the Strategic Highway Research Program and the
National Academy of Sciences Transportation Research Board. Her focus included
development of freight performance metrics, advanced freight data collection
and analytic tools as well as freight-related economic impact analyses.
Source of Information for this issue: Google alert accessed on March 19,2018
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,
SK ABDUL GAFFAR, Asst. 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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