Wednesday, December 20, 2023

ASBM University Business Updates Vol. 11(06) 20th December, Wednesday, from Chanakya Central Library, ASBM University, Bhubaneswar

ASBM University Business Updates Vol. 11(06) 20th December, Wednesday, 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.

 Business

 What is a FRAX? And other pressing questions

In other words, stablecoins are unregulated* money-market funds for folks who've become bored with dreary concepts like government interest rates, liquidity requirements, securities, corporations, profits, creditworthiness, ...

Axel Springer's OpenAI deal sets new template for media ties with Big Tech

The landmark content licensing deal between German publisher Axel Springer and Microsoft-backed OpenAI marks a breakthrough in the media industry's efforts to secure its commercial future as artificial intelligence technology ...

How Microsoft's multibillion-dollar alliance with OpenAI really works

Having previously described the tech giant as a “minority owner” in OpenAI, the wording was changed over the weekend to describe Microsoft as only holding a “minority economic interest”.

Wall Street awaits Fed decision on rates

The Federal Reserve is set to announce its latest monetary policy decision at 2pm ET Wednesday, followed by a press conference with Fed Chair Jerome Powell. Markets are fully expecting the central bank will hold rates steady for the third-straight time ...

5 Forces That Will Drive the Adoption of GenAI

Generative AI turned one in November 2023 — at least for most executive leaders who had never heard of the technology before OpenAI's release of ChatGPT dominated news coverage this past year. Executive leaders have since been busy reviewing use cases ...

 International Business

International Business Experiences That Will Advance Your Career - BusinessBecause

The Master in International Management at the University of Cape Town (UCT) Graduate School of Business is offered in association with CEMS—an ...

International Business Machines Corporation (IBM) Is a Trending Stock: Facts to Know ... - Nasdaq

International Business Machines Corporation (IBM) Is a Trending Stock: Facts to Know Before Betting on It · IBM · Earnings Estimate Revisions · 12 Month ...

Understanding The Challenges Of International Business: Things You Need To Know

Choosing the right market entry strategy is a pivotal decision in international business. Whether through exporting, joint ventures, licensing, or ...
International Business Machines Corp. stock falls Wednesday, underperforms market

Shares of International Business Machines Corp. shed 0.66% to $163.62 Wednesday, on what proved to be an all-around favorable trading session for ...
Strategies and Tools To Grow Your Small Business Internationally | Built In

Embracing flexibility and new tech can turn startups and mid-size companies into global contenders. Flexible approaches to your business to help ...

Indian Business

Indian firms record 25% biz growth during Amazon's BFCM 2023 shopping event

Indian exporters on Amazon Global Selling saw over 80% business growth during Black Friday & Cyber Monday shopping events.

Tatas top wealth creators among India's business houses - The Times of India

India Business News: Indian conglomerates, including the House of Tatas, Adani Group, Bharti Group, Murugappa Group, and Aditya Birla, ...

Unveiling the future of Indian markets - BusinessToday

... business rankings, providing an annual snapshot of India's corporate powerhouses. Casting its spotlight on the country's 500 largest listed companies ...

Indian consumer tech market expected to reach $300 b by 2027 - The Hindu BusinessLine

Indian consumer tech market to reach $300B by 2027, growing at 25% CAGR ... Business News · arrow SBI Share Price · arrow Tata Motors Share Price ...

Booming Indian coal demand powers rise of State-run giants - The Hindu BusinessLine

Shares of China Shenhua and China Coal Energy rose, but less than the Indian companies. Among coal-fired power generators, South Korea's KEPCO, US ...

Odisha Business

Rs 340 crore: Odisha mounts probe into business tied to Congress MP Dhiraj Sahu

Excise authorities investigate liquor business associated with Jharkhand Congress MP Dhiraj Sahu. Income tax department reports cash seizures of ...

Hindalco to establish ₹800 crore battery foil plant in Odisha, shares rise

The new Odisha unit will further enhance the company's capabilities to supply materials to gigafactories worldwide. The factory will be situated ...

Hindalco Industries to invest Rs 800 crore in Odisha to set up battery foil manufacturing facility

Aditya Birla Group company Hindalco Industries on Tuesday announced its plans to expand its manufacturing capacity of fine-quality aluminium foil that ...
WATCH: In 'highest-ever' haul, Rs 351 crore cash seized from Odisha business group linked ...

Rs 351 crore, an amount that many can't even dream of, was seized in the income tax department raids on an Odisha-based distillery company, owned by ...
OYO founder Ritesh Agarwal to establish five healthcare centres in Odisha - BusinessToday

... the underprivileged in his home state of Odisha over the next one year. Join Our WhatsApp Channel · Business Today Desk. Updated Dec ...

 Management

Celebrity management agency Matrix merges with Bling Entertainment - Mint

The Bollywood talent management ecosystem is currently dominated by agencies like Spice PR, Raindrop Media, and Universal Communications.

Angel One's asset management business appoints Hemen Bhatia as new CEO - Mint

... Management started managing all schemes of global giant Goldman Sachs Mutual Fund. This came after Reliance Nippon Life Asset Management, in ...

What is IT Services Management (ITSM)? | Kaseya

The process of managing, delivering and optimizing IT services is called IT service management (ITSM). A remote monitoring and management solution ( ...

What is change management? - Open Access Government

Andrew White, Senior Fellow in Management Practice at the University of Oxford's Saïd Business School, explains the basics of change management.

Embracing the Future: The Role of Artificial Intelligence in Revolutionizing Risk Management

One of the significant advantages of AI in risk management is its ability to provide real-time monitoring and detection of potential threats. Whether ...

 Asian Management

Handbook of Asian Management (CERC Studies in Comparative Education) - Z-Library

Our understanding of management in Asia has not kept pace with the demands of managers and students. The Handbook of Asian Management provides ...

Investors look beyond China for Asian opportunities - Professional Wealth Management

Familiarity with local markets and what wealth managers refer to as a cultural, “rooted home bias” have historically led Asian families to invest ...

International Day of Hochschule Bremen (HSB) - International Graduate Center

MBA European/Asian Management · MBA Global Management · Master Aeronautical ... MBA in European/Asian Management. Master in European Studies. Master in ...

Asian treasurers in slow shift towards money market funds | Cash management | CorporateTreasurer

... will be leading the investment into money market funds in Asia, predicts a senior director at Pictet Asset Management.

Women in Wealth Management: Three key takeaways - Asian Private Banker

At Pictet Wealth Management Asia, An Hui Ling, managing director and market head, said that to reach true gender equality within the business, the ...

 Banking

 Are banks closed today due to five-day workweek change? Check here - Hindustan Times

Bank holidays complete list is available on the RBI's website, through which people can plan their bank visits and other activities accordingly.

Are banks open tomorrow? Find out here - Mint

Bank Holidays in December 2023: Public sector banks in India do not work every Saturday. Therefore, it is important for customers to know if their ...

Five day working week for banks from 1 January 2024, is not yet approved by Ministry of Finance

A post being shared on social media claims that the Cabinet has approved an amendment to the Negotiable Instrument Act, and that Banks can now ...

Career in Banking: 10 Skills Required to Become a Banker - The Times of India

Careers News: A career in banking offers dynamic opportunities in retail, commercial, investment, and corporate finance.

Abhyudaya Cooperative Bank sees threefold rise in wilful defaults in one year | Mint

On 31 October 2022, the Mumbai-based cooperative bank reported wilful defaults amounting to ₹132 crore across nine entities, which has risen in ...

 Insurance

Reliance General Insurance introduces 'Reliance Health Global'. Details here | Mint

Reliance General Insurance reveals an innovative healthcare solution, ensuring extensive coverage, substantial sum insured, and global treatment ...
Canara HSBC Life Insurance introduces Alpha Wealth; all you need to know - Mint

Canara HSBC Life Insurance introduces a plan aimed at realizing policyholders' financial aspirations and achieving significant milestones, ...
Niva Bupa Health Insurance Introduces "Aspire", A Product For Young India

It gives options to choose co-payment limit and receive treatment abroad for emergencies or planned inpatient procedures. buying health insurance, ...

Indians lack adequate life, health cover as they save through insurance products

The underinsurance can be blamed on the inclination of Indians to use insurance for savings and not for protection. The report takes into account ...

Bought a used car: Renew insurance now or wait until name transfer? - Team-BHP

BHPian raptor_diwan recently shared this with other enthusiasts. Hello everyone,. I require a quick suggestion regarding insurance renewal.

 Logistics

 SJ Logistics IPO day 1: Issue fully booked, GMP jumps, apply or not? details here | Mint

SJ Logistics IPO opened for subscription on December 12 and will close on December 14, with a price band of ₹121 to ₹125 per share.

Logistics Performance Index 2023: THESE 13 states, UTs rank as achievers. Check full list here | Mint

The Commerce and Industry Ministry on Saturday released a report categorizing 13 states and Union Territories as achievers in the logistics index ...

India's logistics costs drop to 8.9% of GDP due to better infrastructure | Zee Business

Logistics costs are now comparable to many Western economies, and the government is aiming to further improve infrastructure through higher state ...

Logistics cost in India at 7.8% - 8.9% of GDP in 2021-22: NCAER report

Framework for scientific estimation of logistics cost to be refined further by including primary data, real-time big data.

SJ Logistics IPO Closes Today: Over 100 Times Subscription Received, Check GMP Today

Unlisted shares of SJ Logistics (India) Ltd are trading Rs 125 higher in the grey market, which is a 100 per cent listing gain from the public ...

 Supply Chain

 Want To Maximize Profits? Here Are 3 Supply Chain Cost-Reduction Strategies - Forbes

From an efficiency perspective, healthy supply chains tend to be resource-smart, diversified across regions, and have excellent visibility ...

Why supply chain resilience is key to the energy transition - The World Economic Forum

Critical raw materials are key to a successful energy transition but we need resilient, responsible supply chains to manufacture clean energy ...

Gartner on the Big Impact of Supply Chain Logistics

It is thought been first coined in 1983 by Keith Oliver, as a consultant with Booz Allen Hamilton, in a magazine article in the UK. Supply Chain ...

The Supply Chain Industry Will Continue To Be Tested In 2024 - Forbes

The supply chain industry is cyclical by nature, with the pendulum swinging from periods of high freight capacity to a dearth (the so-called ...

Logistics companies race to adapt to shifting supply chains

... supply chain resiliency after weathering years of political and pandemic-related disruptions. These trends — known as reshoring, nearshoring and ...

  

Source of Information for this issue: Google alert accessed on 20th December, 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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