ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the links
Business
Mumbai: The BSE
Sensex and the NSE Nifty 50 closed lower for the fourth straight session on
Friday, dragged mainly by finance stocks. Stock markets started the day with
gains but plunged over 3% after reports of DHFL defaulting on its commercial
paper. However, the markets recovered after DHFL clarified that the company had
not defaulted. The DHFL stock closed at Rs 351.55 per share, down 42.43%. The
Sensex closed 0.7% down and the Nifty 50 ended 0.85 lower. Moreover, RBI’s denial to a three-year
extension to Yes Bank’s CEO Rana Kapoor also added pressure. Yes Bank shares
fell 28.71% to close at Rs 227.05. The Nifty Bank Index plunged 2.59%. Here are
the highlights from the markets.
Finance
Mumbai: The BSE Sensex and the NSE Nifty
50 closed lower for the fourth straight session on Friday, dragged mainly by
finance stocks. Stock markets started the day with gains but plunged over 3%
after reports of DHFL defaulting on its commercial
paper. However, the markets recovered after DHFL clarified that the company had
not defaulted. The DHFL stock closed at Rs 351.55 per share, down 42.43%. The
Sensex closed 0.7% down and the Nifty 50 ended 0.85 lower. Moreover, RBI’s denial to a three-year
extension to Yes Bank’s CEO Rana Kapoor also added pressure. Yes Bank shares
fell 28.71% to close at Rs 227.05. The Nifty Bank Index plunged 2.59%. Here are
the highlights from the markets
Human Resource Management
People have different
opinions, priorities, goals, and beliefs depending on their backgrounds, and
for them to be productive in any organization, they must be properly managed.
Human Resource Management(HRM) refers to the strategic and coherent manner in which
employees are managed so that even with their differing individual traits, they
can collectively work together towards the attainment of the objectives and
goals of the firm. HRM ensures that highly skilled and qualified employees with
the abilities to perform specific tasks are recruited, placed, trained,
developed, and motivated to ensure that their maximum potential is tapped.
These are just a few functions and importance of Human Resource Management.
This article provides comprehensive details to help you understand the concept
of HRM, its functions, and importance. Read more
Organisational Behaviour
When the stand-up desk first became
“a thing”, we weren’t all convinced it was here to stay. Now “sitting is the
new smoking” and even the most traditional office, with grey carpet, cubicles
and a half-dead plant, will feature a scattering of stand-up devotees.
Source of Information for this issue: Google alert accessed on September 25,2018
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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