ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the links
Business
Business
NEW DELHI: The board of
construction major L&T on Thursday approved first-ever share buyback. The
board okayed buyback of shares worth Rs 9,000 crore, which will mean
acquisition of 4.29 per cent of the equity.
Finance
Mumbai: Construction
and engineering company Larsen and Toubro Ltd on Thursday approved a share
buyback worth ₹9,000 crore at ₹1,500
apiece.
Google Alert – Logistics
VRL Logistics, one of the largest
transportation and Logistics Company in India, had a muted performance in the
first quarter of this fiscal year as the volume growth was offset by
an increase in fuel costs.
New Delhi: Could the
Kerala floods have been prevented? As the water recedes in Kerala this question
will, and should, surface. Having killed at least 370 people, displaced 780,000
and caused ₹ 50,000 crore worth of damage, this is the worst flood Kerala has
witnessed in nearly a century. Back in 1924, a combination of heavy rain and a
breached dam triggered deadly floods that claimed 1,000 lives. In 2018, history
may have repeated itself. Under relentless downpours, poor dam management may
have aggravated the floods, raising questions about the role of dams in Kerala
and other states.
Source of Information for this issue: Google alert accessed on August 27,2018
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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