ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the links
Banking
BENGALURU:
Indian cryptocurrency firms such as WazirX and Koinex have resorted to peer-topeer trading even as they await
a Supreme Court hearing on Tuesday, which will take up a petition against the
Reserve Bank of India for blocking banking services for bitcoin trading.
Business
The 41st annual
general meeting of Mukesh Ambani-led Reliance Industries Ltd (RIL) was held
today, where the chairman spelt out the direction the energy-to-telecom
conglomerate will take in 2018-19. Ambani announced the rollout of
Reliance JioGigaFiber, Reliance Jio Infocomm Ltd’s
fiber-to-the-home, or wired broadband, service. A new Jio Phone, the Jio Phone 2, and an exchange offer were also
announced. The mainstay energy business and the consumer business, led by
Reliance Retail, were also in focus. RIL share price went down by Rs 9.05 to Rs
981 after the AGM ended in the afternoon.
Finance
At Reliance
Industries 41st AGM since listing, RIL chief Mukesh Ambani talked about the
company's achievements, key initiatives and future plans.
Supply Chain
My 80-year-old Prussian
father-in-law loves to hear stories about how supply chain impacts economics,
society and the environment. As a former Morgan Stanley investment banker, he
knows something about business and appreciates the complexity and power of the
end-to-end supply chain.
Source of Information for this issue: Google alert accessed on July 9,2018
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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