Tuesday, November 14, 2023

ASBM University Business Updates Vol. 11(1) 14th November, Tuesday, from Chanakya Central Library, ASBM University, Bhubaneswar

ASBM University Business Updates Vol. 11(1) 14th November, Tuesday, 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

Diwali Bank Holidays 2023: Banks to remain closed for 6 days in THESE cities. Details here

Banks in India will be closed for six days during Diwali 2023, from November 10 to November 15, except for internet banking services.

How a banking capital of the world botched its own banking rules | Mint

Following Credit Suisse's collapse, critics and a government review say regulators missed opportunities to ensure the bank's health.

Banking sector faces risks from inflation | Zee Business

Some banks are proactive in actually selling or planning to sell securities with some hit to capital. Get more World Economy News and Business ...

Banking sector faces risks from inflation -Moody's | Reuters

The banking sector is not yet out of the woods, with reinflation a risk if banks fail to sufficiently predict rate moves, Moody's managing ...

US bank stocks sink to all-time low against S&P 500 - Financial Times

The relative performance of the S&P 500 banks index compared with the broader benchmark is at its weakest since the bank-specific measure began in ...

Finance

Across thousands of retailers, the holiday spending outlook is cautious: CNBC Supply Chain Survey

Logistics companies do not expect a surge in demand during peak holiday shopping season, according to the CNBC Supply Chain Survey. The U.S. economy is “approaching an inflection point in consumer spending,” according to C.H. Robinson, and across ...

Private equity fortunes diverge as KKR prospers while Carlyle cuts jobs

Two of the world's biggest private equity firms have reported starkly diverging fortunes as KKR boosted its fundraising expectations while Carlyle axed jobs as part of a cost-cutting drive. The results on Tuesday underscored how the ...

AerCap Holdings NV Announces Private Exchange Offers of Certain Outstanding Notes for New Notes

DUBLIN, Nov. 6, 2023 /PRNewswire/ -- On November 6, 2023, AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust (together, the "Issuers"), each a wholly-owned subsidiary of AerCap Holdings N.V. ("AerCap" or the "Company"), ...

UBS sells first AT1 bonds since Credit Suisse takeover

UBS sells AT1s for first time since CS takeover · UBS AT1 will convert into equity if capital levels drop · New UBS AT1s have yields of 10% and 10.125% - IFR.

Oil prices fall on worries of waning demand in US and China

BEIJING, Nov 13 - Oil prices backed off on Monday, reversing their Friday rally, as renewed concerns over waning demand in the United States and China dented market sentiment. Brent crude futures for January were down 71 cents, or 0.87%, ...

Insurance

How insurance bought under the MWP Act can help protect your wife - Mint

But if you have an outstanding loan or have borrowed money from someone, your life insurance policies are entitled to be attached to the loan. In case ...
Shriram Life insurance posts Rs 70 cr net profit in first half of 2023-24 - Business Standard

Shriram Life Insurance announced an 88 per cent increase in new business premium for retail and group policies in H1FY24 at Rs 860 crore compared ...

Financial readiness: 4 factors to examine your life insurance coverage | Mint

Current income: This is the first step one may start with when planning to buy life insurance. · Current expenses: · Dependents and their financial ...

Star Health Insurance and Finequs join forces to enhance health insurance accessibility ...

On November 6, 2023, Star Health and Allied Insurance unveiled a strategic alliance with Finconvenio Services (Finequs), a technology-driven ...
I frequently travel abroad. Will my Indian retail health insurance policy provide coverage abroad?

... insurance policy that provides comprehensive medical coverage during your travels. Travel insurance policies are usually cheaper than health ...

Logistics

Five Actions to Take to Travel the Future Bumpy Road of Logistics - Forbes

The principles of the global supply chain were based on three assumptions: rational government policy, logistics availability, and low variability ...

How Transparency Shapes the Success of the Logistics Industry in India - CXOToday.com

Accessible and transparent logistics services facilitate effective communication, heightened accountability, and the capacity to spot and resolve ...
Logistics platform Xpressbees raises $80 mn from Ontario Teachers' Pension Plan

The logistics company noted that it will use the funds for its future ambitions but did not disclose exact details. Moreover, the $80 million round ...

West Bengal aims INR 5000cr capex in logistics sector in 3yrs - ET Auto

West Bengal: Speaking at the sidelines of the MCCI-organised logistics conclave here on Friday, state transport secretary Saumitra Mohan said ...

Logistics Startup Xpressbees Clinches $80M from Ontario Teachers' Venture Growth at $1.4 ...

B2B logistics leader Xpressbees boosts its growth trajectory with an $80 million investment from Teachers' Venture Growth, highlighting the ...

Supply Chain

Gartner Says Just 9% of Supply Chains Expect to Gain Value from Uncertainty

Only 9% of supply chain organizations expect to achieve revenue gains due to uncertainty, according to a survey by Gartner, Inc.

2023 Supply Chain Innovator of the Year | SupplyChainBrain

... and finalists of The Supply Chain Innovation Award — a partnership between SupplyChainBrain and the Council of Supply Chain Management Professionals.

Supply Chain Innovation 2023: It's Happening Everywhere | SupplyChainBrain

It's fascinating to explore how the concept of innovation has evolved over the years in the business world in general, and supply chain management ...

The Autonomous Supply Chain Paradigm Enabling a Resilient Future - Tech Mahindra

An Autonomous SCM requires real-time monitoring of supply chain activities. By deploying IoT sensors, RFID technology, and connected devices, ...

Japan, South Korea to build supply chain for hydrogen and ammonia - Nikkei Asia

TOKYO -- Japan and South Korea will build a supply chain for hydrogen and ammonia together, the neighbors' latest move to expand their base of ...

Retail
Future Retail RP files for liquidation in NCLT - Mint

Mumbai: The resolution professional (RP) of Future Retail Ltd (FRL) on Friday filed for liquidation, marking an inglorious end for the company ...
Retail pie in NSE cos at record - Mint

Retail investors pumped in ₹7,596 crore, with the shareholding increasing from 7.5% in the June quarter. Simultaneously, Foreign Institutional ...
Future Retail heads for liquidation - The Times of India

India Business News: Future Retail, the bankrupt company owned by Kishore Biyani, may be headed for liquidation after its resolution plan was ...

Retail credit growth continues to spike in Q2 2023 - Mint

In Q2 2023, serious delinquencies improved in various product categories, signaling responsible credit repayment by consumers, except for credit ...

Retail inflation in October likely to slip below 5 per cent again - The Hindu BusinessLine

which has been in the range of 5.5-6 per cent. India's retail inflation likely to be in 4.5-4.9% range; RBI likely to maintain status quo on ...

Asian School of Business Management

Asia's universities attract the next generation wealthy - Financial Times

Business Education: Asia-Pacific Business Schools · Asian Businesswomen working ... School of Business at Singapore Management University. “There are ...

B-schools to train startup investors - Mint

The Indian School of Business and the Indian Institutes of Management have developed courses to meet the needs of professionals appointed by ...

Forbes Asia's Power Businesswomen 2023

The annual list highlights 20 outstanding female entrepreneurs and business leaders who are transforming the Asia-Pacific region.

Thinkers50 awards recognize 13 from MIT Sloan

Bensaou, a professor of technology managementAsian business, and comparative management ... ©2023 MIT Sloan School of Management. previous next start ...

International Institute of Hotel Management partners in Najafi 100 Million Learners Global Initiative

... business, government, society, and the environment. For more than 75 ... SPORTSAsian Games 2023ICC World Cup 2023World Cup 2023 ScheduleWorld Cup ...

Odisha Business

Odisha investing Rs 2,500 crore to support millet farmers: CM Patnaik - Business Standard

Odisha Chief Minister Naveen Patnaik on Thursday said his government is investing over Rs 2500 crore for providing income and livelihood support ...

Mahimananda Mishra Wins Lifetime Achievement Award at Times Business Awards Odisha-2023

Bhubaneswar (Odisha) [India], November 10: On the august occasion of the 4th Edition of prestigious Times Business Awards Odisha 2023, ...

Larsen & Toubro arm secures significant orders in Odisha, Madhya Pradesh

"Water & effluent treatment business of L&T Construction has secured repeat orders from the Water Resources Department, Government of Odisha to ...

L&T Construction secures 'significant' orders from Odisha, MP water resources departments

The company has secured repeat orders from the Odisha government's water resources department to execute Cluster XXII and Cluster XXV Mega Lift ...

Jindal Steel & Power honoured with Times Business Award for Sports Development and Impact |

Bureau,Odishabarta. Bhubaneswar:November 9, 2023: Leading steelmaker Jindal Steel & Power (JSP) has been awarded the Times Business Award Odisha ...

Indian Business

Dominance and vibrancy: Is Indian business getting oligopolistic? - Business Standard

Understanding what is going on in India is never simple, for there are always contradictory narratives. One story is that Indian business is ...

Indian businesses outshine global peers, anticipate 72pc surge in B2B spending in 2023

Indian businesses are at the forefront of global optimism, with a remarkable 72 per cent expecting a substantial surge in Business-to-Business ...

72 per cent Indian businesses expect surge in B2B spending in 2023: Survey, ETCFO

B2b: The survey by American Express highlighted that 88 per cent of businesses feel optimistic about the future success of their company for the ...

Indian businessmen most bullish on globalisation benefits - The Times of India

India Business News: Mumbai: Indian business leaders have remarkable confidence in the pivotal role of trade in globalisation.

Indian businesses lead global optimism, 72% expect surge in B2B spending: Survey

Additionally, business travel is set to make a comeback, as 72 per cent of Indian businesses plan to increase spending on travel, entertainment, ...

International Business

International Business Machines Corporation (IBM) is Attracting Investor Attention - Nasdaq

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an ...

International Business Machines Corp. Shares Near 52-Week High - Market Mover - Nasdaq

International Business Machines Corp. (IBM) shares closed today at 0.8% below its 52 week high of $150.23, giving the company a market cap of ...

International Business Machines Corp. stock rises Thursday, outperforms market

Shares of International Business Machines Corp. inched 0.17% higher to $146.62 Thursday, on what proved to be an all-around grim trading session ...
International Business Machines Corporation (IBM) is Attracting Investor Attention - Yahoo Finance

International Business Machines Corporation (IBM) is Attracting Investor Attention: Here is What You Should Know. Zacks Equity Research. Fri ...

International Business Machines a Top 25 Dividend Giant With 4.53% Yield (IBM) - Nasdaq

International Business Machines Corp (Symbol: IBM) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $18.73B worth of ...

 

 

Source of Information for this issue: Google alert accessed on 14th November, 2023
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Mamata Sahu
Information and Documentation Division, Chanakya Central Library.
ASBM University, ShikshaVihar, Bhola, Barang, Khurda Road, Chandaka Bhubaneswar- 754012
Website: 
www.asbm.ac.in, Tel: 0674-2374832, 2374833, Email: Library@asbm.ac.in,
DrManashriNath, Librarian, Knowledge and Information Services Unit, Chanakya Central Library, ASBM UNIVERSITY Bhubaneswar. 
Library1@asbm.ac.inwww.asbm.ac.in

 

 

 

 

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