ASBM University Business Updates Vol. 10(25)
1st November, Monday, from Chanakya Central Library, ASBM
University, Bhubaneswar.
ASBM University Business Updates Vol.
10(25) 1st November, Monday, from Chanakya Central Library,
ASBM University, Bhubaneswar.
ASBMU Business Updates is a Weekly Selective
Compilation of Business News from Various Sources.
To find details follow the links.
Retail
Zerodha founder's advice to retail investors on IRCTC stock
split - Mint
IRCTC stock split: 'Every time a company announces
a stock split, retail investors tend to buy the stock…', says
Zerodha founder.
US retail giants pull Chinese surveillance tech from shelves |
TechCrunch
U.S. retail giants Home Depot and
Best Buy have pulled the Chinese video surveillance technology makers Lorex and
Ezviz from their stores over ...
Nykaa IPO subscribed 1.6x on Day 1 on strong retail investor
support - Business Standard
The 26.5-million share offering has got bids for 41
million shares with institutional investor category getting 1.4 times
subscribed and retail ...
Retail trade group expects holiday sales to rise by
all-time record, despite congested ports - CNBC
The National Retail Federation,
however, acknowledged headwinds for retailers, including supply
chain disruption and labor shortages.
Experts say retail investors should stay away from 'War of
Meme Coins' - Mint
The surge seen over the few sessions has propelled
these Shina Inu-based cryptocurrencies among the top 10 digital assets, with a
combined market ...
Odisha Business
Skilled workforce, conducive business environment attracting
textile, apparel industries to Odisha
Bhubaneswar (Odisha) [India], October 26
(ANI): Skilled workforce, conducive business environment are
attracting textile and apparel industries to ...
IHCL inks pact with new SeleQtions hotel in Bhubaneswar, Odisha -
The Hindu BusinessLine
Strategically located in the heart of Bhubaneswar,
the hotel is well suited for both, business and leisure.
The exemption, granted under the Odisha Motor
Vehicles Taxation Act, ... of this report may have been reworked by the Business Standard
staff; ...
Odisha Extends Unlock Process for November, No Weekend Shutdown - News18
All kinds of shops, malls, and business establishments
will remain open from 5 am to 10 am every day, a release issued by the office
of the ...
Odisha CM demands 60pc share in coal cess - Republic World
Bhubaneswar, Oct 29 (PTI) Odisha Chief
Minister Naveen Patnaik on Friday demanded a 60 per cent share of clean energy
cess levied on coal for ...
Asia's Wealth Management Industry and the Quest to Drive
Discretionary Portfolio ... - Hubbis
Grizelda Lee, Head of Asset Management Asia,
Public Markets Solutions, Indosuez Wealth Management; Jean-Louis
Nakamura, Chief Investment Officer, Asia ...
Asian Paints dividend, Bharat Gears rights issue & IRCTC stock split
record date tomorrow
Asian Paints management has announced an interim
dividend of Rs 3.65 per share for shareholders. Source: Company
websites/twitter.
Strengthening resilience and raising climate ambition key for Asian and
Pacific countries at COP26
A person in the Asia-Pacific region is
four times more at risk of ... has marked a paradigm shift from managing disasters
to managing risks.
Towngas China receives HK$2.8 billion investment from Asian buyout
fund manager to ...
The mainland division of Hong Kong and China Gas
(Towngas) also plans to change its name to Towngas Smart Energy to reflect the
group's 'future ...
India, ADB sign $251 mn loan for integrated urban flood management in
Chennai - Mint
... Asian Development Bank (ADB)
on Thursday signed a $251 million loan for climate-resilient, integrated urban
flood protection and management in ...
Insurance
Nearly 30% of Indian population don't have any health insurance:
Survey - The Economic Times
... treatment in the costlier private sector,” the
NITI Aayog has said in its report on Health Insurance for
Indias Missing Middle released on Friday.
Health insurance policies can't be renewed after grace period
- Mint
A life insurance policy cannot be
modified mid-term. If the policyholder became a smoker after the policy was put
in place, then there is no ...
Paytm's Insurance Business To Raise Rs 920 Crore From Swiss Re
- Moneycontrol
Paytm Insuretech plans to leverage Paytm's customer
base and merchant ecosystem to develop innovative insurance products.
CBI files charge sheet against 15 for causing loss to National Insurance |
Business Standard News
Read more about CBI files charge sheet against 15 for
causing loss to National Insurance on Business-standard. The
accused made forged, ...
Supply Chain
Biden rallies world leaders at G-20 to help address global supply-chain issues -
CNBC
The world's supply chain is
bearing the brunt of surging consumer demand, labor shortages and overseas
manufacturing delays, all amid a relentless ...
The semiconductor shortage has led to
calls for more chip production within the U.S. as part of shoring up supply
chains for key technology across ...
It is becoming clear that snarls in
the semiconductor supply chain are weighing on economic
growth. Yesterday, both GM and Ford said that missing ...
overnments need to fix supply chain crisis,
top shipping boss warns | Financial Times
The supply chain crisis
threatening the global economy risks lasting at least another year unless
governments step in to help ease the disruption, ...
Banking
Fintech won't disrupt Indian banking sector in a big way:
Vinay Sharma - The Economic Times
One must look to add a little bit of more risk,
more beta when the cycle is going good and that is where midcap and
smallcap banks have a role to ...
RBI tweaks current account rules for banks. Details here - Mint
For borrowers, where the exposure of the banking system
is less than ₹5 crore, there is no restriction on opening of current accounts.
BofA CEO on future of banking: 'We're clearly a technology
company' - Yahoo Finance
And Zelle, a peer-to-peer payments network used by
a host of big banks ... America Investment banking company
logo seen displayed on a smartphone.
RBI eases current account rules for bank exposures less than Rs 5 crore - The
Economic Times
The banking regulator also
permitted banks to open and maintain inter-bank accounts, all
accounts with institutions like EXIM Bank, NABARD, NHB, and ...
Bank Holidays November 2021: Banks to remain shut for up to 17
days; check full list here ...
Except for Bengaluru, all the banks will
observe a holiday on Diwali Amavasya (Laxmi Pujan). It may be noted that apart
from the weekly offs, banks ...
Business
Nykaa, the omni-channel beauty and personal care
retailer, has seen a gradual recovery in its consolidated gross merchandise
value (GMV) since the height of the pandemic, its founder and CEO Falguni Nayar
said three days before the launch of its ...
Birlasoft Q2 results: Net profit surges 49% to Rs 103 crore
New Delhi: IT firm. Birlasoft. on Tuesday reported
a 49.2 per cent rise in consolidated net profit to Rs 103.1 crore for the
September 2021 quarter. The company had posted a profit of Rs 69.1 crore in the
July-September 2020 period, Birlasoft said in a ...
ITC Q2 net profit jumps 14% to Rs 3697 cr
The conglomerate said the September quarter
witnessed broad-based recovery in sales across markets and channels. ITC said
there was a strong pick-up across all operating segments in the period under
review after severe disruptions in the June quarter
The transaction, among the largest equity fund
raising by a listed infrastructure company, will help IRB deleverage its
balance sheet and have access to new growth capital to participate in new
projects and the government's ambitious asset monetization ...
Logistics
Skydropx taps new funding to expand logistics automation
across Latin America | TechCrunch
Enter Skydropx, a Mexico City-based logistics management
company that enables businesses to create an end-to-end automated delivery
experience for ...
Ministry of Commerce and Industry, logistics-additional
secretary Amrit Lal Meena formally launched the handbook recently, and said,
"the ongoing ...
Industrial giant 3M to hike prices as inflation, logistics woes
bite | Reuters
3M forecast a hit of 80 cents to 90 cents to
full-year earnings from raw material and logistics costs. The
Dow Industrial Average (.
Logistics platform Porter raises $100 mn; valuation jumps to $500 mn -
BusinessToday
Logistics tech
start-up, Porter has raised nearly $100 million (Rs 750 crore) in a Series E
funding round led by Tiger Global Management and ...
Logistics co Porter raises ₹750cr from Tiger, others | Bengaluru News - Times of India
Logistics company
Porter has raised Rs 750 crore in its Series E funding round led by Tiger
Global Management and Vitruvian Partners, ...
Management
UBS has beaten analyst expectations in the third
quarter as its wealth management division continues to
outperform.
India, ADB sign USD 251 mn loan for urban flood management -
The Economic Times
India, ADB sign USD 251 mn loan for urban
flood management in Chennai · Department of Economic Affairs
Additional Secretary Rajat Kumar Mishra and ADB ...
Centre release traffic management framework for drones - The
Economic Times
India will onboard multiple public and private
service providers for managing drone traffic in airspaces
below 1000 feet.
l&t: Skill management, project execution new hurdles post
pandemic: L&T CFO R Shankar ...
L&T's presence across the country gives it the
flexibility to manage people better, Raman said. Yet, as the
company prepares its next five-year ...
Source of Information for this issue: Google
alert accessed on 1st November, 2021
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Chanakya Central Library
Information and Documentation Division, Chanakya Central Library.
ASBM University, Shiksha Vihar, Bhola, Barang, Khurda Road, Chandaka
Bhubaneswar- 754012
Website: www.asbm.ac.in, Tel: 0674-2374832, 2374833, Email: Library@asbm.ac.in,
Niharbala Nayak, Librarian, Knowledge and Information Services Unit, Chanakya
Central Library, ASBM UNIVERSITY Bhubaneswar. Library1@asbm.ac.in; www.asbm.ac.in
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