Monday, August 27, 2018

ASBM Business Updates Vol.7(35) 27th August,2018, Friday from Chanakya Central Library, Asian School of Business Management,Bhubaneswar.



ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the links 
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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