ASBM University Business Updates Vol.
10(26) 8th November, Monday, from Chanakya Central Library, ASBM
University, Bhubaneswar.
ASBM University Business Updates Vol.
10(26) 8th 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.
Banking
RBI revises PCA framework for banks, to be effective from 1 Jan -
Mint
RBI said the prompt corrective action framework
would apply to all banks operating in India including
foreign banks operating through branches or ...
Credit Suisse scales back investment banking as earnings
beat - CNBC
The Swiss bank also revealed that it expects to
report a net loss in the fourth quarter and said it plans to scale back its
investment banking ...
Bank holidays in November 2021: Banks to remain closed on
these days this month. Check ... - Mint
The banks remain open on the first and third Saturdays every month. Some of the festivals observed in November include Diwali, Bhai Duj, Chhath Puja, ..
Explained: Why ex-SBI chief Pratip Chaudhuri's arrest has baffled banking industry
- IndiaToday
Pratip Chaudhuri's arrest in connection with an
alleged loan scam case has sent shockwaves across the public sector banking space,
leaving many ...
Reserve Bank's new current account rules put bankers, customers in a
spot - Mint
RBI's original guidelines had asked banks not to open current accounts for borrowers with little or no loan exposure. This led to banks closing many ...
RBI gearing up to fintech challenge, asks banks to be vigilant
too - The Economic Times
Reuters With the proliferation of digital banking,
cyber security has become an extremely important area of supervisory concern.
RBI will soon launch ...
Finance
PolicyBazaar IPO changes; EV financing on the rise
Today, PolicyBazaar's parent company becomes the
third Indian tech startup to tap the public markets after Zomato and Nykaa.
We've got all the details of its IPO, including news that the founders will
sell far fewer shares than they had originally ..
HDFC reports 32% rise in Q2 standalone net profit
Standalone net profit increased to Rs 3781 crore
from Rs 2870 crore a year earlier led by almost a four-time increase in
dividend income to Rs 1171 crore from Rs 323 crore as the company's large
listed subsidiaries namely HDFC Bank, HDFC Life Insurance and ...
SBI reports its highest quarterly profit of ₹7627 cr
Net profit was ₹4,574 crore in the
September quarter last year. Total advances climbed 6%, driven by personal loans
that expanded 15%. An 11% growth in home loans more than helped mask a 4%
shrinkage in the corporate loan book. Home loans now constitute ...
SBI Q2 results: Net profit jumps to record ₹7626 crore, up 67%
On Wednesday, SBI shares were up 3.86% in noon
deals at ₹541.85 apiece on NSE. SBI scrip has
comfortably outperformed the Nifty Bank and Nifty50 indices, rising 86.83% so
far in 2021 (Year-to-Date). In the same period, Bank Nifty and Nifty rose
27.90% and ...
Airtel Q2 results: Consolidated PAT jumps 300% QoQ, in-line with estimate
The telecom operator reported a 5.4 per cent
sequential growth in consolidated revenue from operations to Rs. 28,326 crore
for the reported quarter, which was also above analysts' expectations.
Tata Motors Q2 results: Consolidated loss widens YoY, misses estimate;
sales rise 15%
The consolidated net loss reported by the company was
higher than analysts' estimate of Rs 3,451.9 crore net loss. However, the
carmaker reported a 14.7 per cent year-on-year growth in consolidated revenue
from operations to Rs. 61,378.8 crore for the ...
Logistics
Allcargo in talks to sell its project logistics business - The
Economic Times
The company is also looking at acquisitions in Europe in the multimodal transport operations (MTO) space and in India in the contract logistics ...
Logistics startup Delhivery files DRHP with Sebi for Rs 7,460 cr issue |
Business Standard News
Logistics startup Delhivery on Tuesday filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), ...
Express logistics company. TCI Express. is looking to begin deliveries using drones by the end of the ongoing fiscal, a top company official said.
SoftBank-backed Indian logistics startup Delhivery files for
$1 billion IPO | TechCrunch
Indian logistics startup Delhivery seeks to raise about $998 million in its initial public offering, the startup said in a fling with the local ...
Logistics co Delhivery files for IPO worth $1 billion | Bengaluru News -
Times of India
Logistics and supply chain services company Delhivery has filed for a Rs 7460-crore (about $1-billion) IPO, riding on the frenzy of capital ...
XPO Logistics sets new revenue record in Q3 earnings
Third quarter revenue Greenwich, Conn.-based
truckload brokerage and less-than-truckload (LTL) services provider XPO Logistics set
a new company, ...
Management
Research: How Management Practices Impact M&A Outcomes -
Harvard Business Review
A recent analysis of 35000 manufacturing plants
found that those with more-structured management practices
were more likely to acquire ones with ...
26.4% Women Earn Degrees in Management Education,
2% Higher Than Men: Survey - News18
The Graduate Management Admission Council (GMAC) released the report, “The Global Diversity of Talent – Attainment and Representation,” to better ...
Is A Master In Management Worth It? - BusinessBecause
According to the Graduate Management Admission Council's (GMAC) 2021 Corporate Recruiters' Survey, the median salary for MiM graduates currently sits ..
Intelligent Service Management | CIO
Intelligent Service Management. Tune your technology to enhance processes and improve staff quality of life, while increasing productivity and ...
The 8 Best Ways To Level Up Your Time Management To Boost Your
Career - Forbes
Enter time management, the in-demand soft skill and secret sauce of leaders looking to prioritize and protect their most valuable asset.
T20 World Cup: Rohit Sharma's demotion indicates team management didn't
trust him to ...
Cricket News: Rohit Sharma being pushed down to
number three against New Zealand was an indication that the Indian team management did
not trust ...
Insurance
CCI approves HDFC Life's acquisition of Exide Life - Mint
The Competition Commission of India (CCI) on Tuesday approved the acquisition by HDFC Life Insurance Company of 100% shareholding in Exide Life ...
SBI offers ₹2 lakh
free insurance benefits for these customers. How to avail -
Mint
Customers who have a PMJDY account with SBI can avail accident death coverage of up to ₹2 lakh. For the earlier customers, the insurance amount ...
Best Health Insurance Companies Of 2021 – Forbes Advisor
Here are the best health insurance companies, based on coverage area, provider networks, starting rates, benefits offered and various industry ...
General Insurance: Health insurers post strong growth in YTD FY22 -
The Financial Express
The pandemic accelerated topline growth in health insurance, and it is now seen as a significant financial tool.
Insurance claim liable to be rejected if lapsed on account of non-payment of
premium: SC ...
A bench of Justices Sanjiv Khanna and Bela M
Trivedi said it is a well-settled legal position that in a contract of insurance there
is a requirement ...
Supply Chain
The supply chain is a mess. Consumers are paying the price -
NPR
The supply chain is a mess, at virtually every step of the way. From the docks to the warehouses, a lack of space is causing slowdowns, ...
The Economic Outlook For 2022 Will Be Impacted By Supply Chain And
Labor Issues - Forbes
The supply chain disruptions, which have negatively impacted growth, are viewed as primarily a function of strong demand coupled with COVID related ...
Microsoft announces new tools to modernize supply chain and
manufacturing | TechCrunch
The pandemic has wreaked havoc on the world's supply chains for a number of reasons from a lack of raw material to labor shortages, but whatever ...
Why Are Supply Chains Blocked? by Michael Spence - Project
Syndicate
MILAN – Supply-chain disruptions
are severely hampering the global economic recovery. It is a strange situation
in many ways. The types of products ...
Retail
amazon: Future Retail independent directors claim Amazon deal
violates FEMA, FDI rules ...
Future Retail. (FRL) said Amazon is in violation of foreign exchange rules since the Singapore arbitral tribunal has made FRL a party to the ...
Stocks to watch: Future Retail, IndusInd Bank, DLF - Mint
Future Retail: The independent directors of Future Retail Ltd (FRL) have written to the Competition Commission of India (CCI) requesting it to revoke ...
Fino Payments IPO Subscribed 87% On Day 2 Of Bidding, Retail Portion
Booked 4.65 Times
Retail investors have bought 4.65 times the portion reserved for them, with employees bidding for 29,075 shares. The portion set aside for non- ...
IPOs set to mobilize at least ₹20,000 cr from retail investors - Mint
Retail investors are expected to plough at least ₹20000 crore into
India's red-hot primary market in 2021, lured by sterling listing day gains
of ...
Source of Information for this issue: Google
alert accessed on 8th 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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