Tuesday, July 23, 2024

 

 

 

ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(29) Date. 23.07.2024

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

  

GLOBAL BUSINESS NEWS

Expect double-digit growth in replacement, international business despite rubber price hike: CEAT

CEAT Tyres: CEAT Ltd anticipates double-digit growth in replacement and international business this fiscal despite rising natural rubber prices, ...
International Business Machines' (NYSE:IBM) investors will be pleased with their ... - Yahoo Finance

We're pleased to report that International Business Machines shareholders have received a total shareholder return of 42% over one year. And that does ...
“Two Lakes Dialogue” | 2024 International Green Low-Carbon High-Quality Development ...

... Business Council for Sustainable Development (WBCSD), and China International Chamber of Commerce Hubei Chamber, was successfully held in Wuhan ...
Deutsche Bank looks to Asia-Pacific wealth management business to drive core growth

The German lender wants the region to contribute at least 15 per cent of its global revenue in the next two to three years as it hires senior ...

Business News: Asian Paints Q1 Down By 25% | Milky Mist Eyes IPO - YouTube

On July 17, Asian Paints reported a nearly 25% drop in its consolidated Q1 FY25 net profit, which fell to Rs 1170 crore due to a challenging ...
Two Latham Counsel Named Rising Stars by Asian Legal Business

Latham Singapore counsels Esther Franks and Michael Rackham have been named among Asian Legal Business' Singapore Rising Stars 2024.

Global tech outage disrupts industries, highlights online risks

CrowdStrike software update triggers outages for Microsoft users · CrowdStrike ranks among leading global cybersecurity firms · Wide range of industries affected · Companies reporting restored services after outages · CrowdStrike shares fall, cybersecurity ... 

INDIAN BUSINESS NEWS

Budget recap: Indian businesses that got a leg-up in 2023 - The Economic Times

For Budget 2024, India Inc expects continued capex, reforms in key sectors, extended tax benefits, and measures to reduce business costs and boost ...

Tata Group wants continuity in top management of Air India post merger with Vistara

Tata Group will retain all top Air India executives post-Vistara merger. Wilson, Aggarwal, Sharma stay. Kannan returns to Singapore Airlines, ...
Logistics key for India as a business destination - World Bank

An efficient logistics sector is pivotal for India to become a globally preferred business destination. It reduces manufacturing costs, ...
India to see retail digital payments to double to $7 tn by 2030: Report - The Economic Times

India is expected to double retail digital payments to USD 7 trillion by 2030, according to a study by Kearney and Amazon Pay.
India considers major reforms to 1938 Insurance Act | Asian Business Review

The bill amendments could potentially let insurers enter the banking industry. The Indian government has expressed interest in a bill seeking ...
How the Indian cold chain logistics is embracing sustainability - ITLN

India's cold chain logistics sector is undergoing a significant transformation, grappling with the dual challenges of meeting growing demand and ... 

ODISHA BUSINESS NEWS

Tata Steel seeks bigger share in auto sector, pins strategy on Odisha plant | Company News

Tata Steel is strengthening its new cold rolling milling (CRM) complex in Kalinganagar, Odisha ... Key stories on business-standard.com are available ...
NLC India Wins Bid For Odisha's Machhakata Coal Mine - NDTV Profit

The 'Navratna' company won the bid for the Machhakata (revised) coal mine in Odisha's Angul district during the Ministry of Coal's eigth round of ...
JSW Infra to acquire ongoing Odisha pipeline project from JSW Utkal Steel for ₹1700 crore

"The company's board has approved the takeover of 30 million tonnes per annum (MTPA) "Under Development Slurry Pipeline Project" from JSW Utkal Steel ...
GMDC expands mining operations in Odisha with new coal mine agreement

... business paradigms and traditional notions of marketing and brand ... Odisha. This marks GMDC's third commercial coal mine in the state ...
Odisha: Tata Power invests Rs 4,245 crore for infrastructure development in four years

The North Eastern Electricity Supply Company was the last utility to be taken over by Tata Power on April 1, 2021 and operated under TPNODL. The four ...
NLCIL gets coal block at Angul district in Odisha - The Hindu

This is the second commercial coal mine block won by NLC India after North Dhadu Coal Block (Western Part) and the company is committed to its ...

SHARE MARKET NEWS

International Business Machines Corp. stock rises Monday, still underperforms market

Shares of International Business Machines Corp. inched 0.03% higher to $182.88 Monday, on what proved to be an all-around favorable trading ...
Asian shares fall as investors ponder US-China equation post Trump win | World News

Management · Multimedia · Sports · Cricket · Industry · Companies · Lifestyle ... Topics : Asian economy Asia shares US China US China trade war US ...
Asia stocks dip as geopolitical uncertainty adds headwinds fro investors | News on Markets

It has been a turbulent week in markets, with a tech sell-off sparked by deepening Sino-US trade tensions, uncertainty over US President Joe Biden's ...
Odisha Cement earnings preview: what Wall Street is expecting - Markets Insider

Analysts expect a profit of INR 53.97 per share this year. A year earlier, the company earned INR 44.05 per share. This story was written by Markets ...
Banking shares rise | Capital Market News - Business Standard

Banking stocks were trading with gains, with the BSE BANKEX index rising 27.09 points or 0.04% at 60332.43 at 09:47 IST.

Asian stocks slide on rising trade tensions, yen climbs - The Economic Times

Asian equities fell due to U.S.-China trade tensions; MSCI Asia-Pacific shares down 0.57%, South Korea 1%, Nikkei 2%, Shanghai 0.4%, CSI300 0.5%.
International business travel market to reach $2.1 trillion by 2031, grow at 9.5%CAGR

International business travel market to reach $2.1 trillion by 2031, grow at 9.5%CAGR : Allied Market Research. July 18, 2024. According to Allied ...

Do the Indian equity markets now resemble a mug of beer that has been poured too quickly? What investors should do

I also have a personal froth indicator that has proven to be infallible over the past two decades. When investment bankers start cold-calling me to arrange an IPO for Value Research, I know that equity markets may be overheated. I'm serious.

JSW Steel Q1 Results Live : profit falls by 63.86% YOY

As compared to the previous quarter the revenue declined by 7.19% and the profit decreased by 34.95%. The Selling, general & administrative expenses rose by 8.43% q-o-q & increased by 7.49% ...
Indian block trades led by global firms reach record $15 billion this year | News on Markets

International companies are seizing on the strength of India's stock market to offload stakes in local subsidiaries to investors wanting to get in on ... 

GENERAL NEWS

Tata Asset Management embraces digital transformation and AI innovation

In an era where digital transformation is reshaping the financial industry, Tata Asset Management stands at the forefront, leveraging cutting-edge ...
Budget 2024-25 to boost logistics infra with multimodal connectivity: Allcargo CFO

The logistics sector contributes 5 percent to the nation's GDP and generates employment for 2.2 crore people. It is pivotal as the country moves a $6 ...

Supply chain expert looks at impacts of global IT outage - YouTube

Supply chain expert looks at impacts of global IT outage. 3 views · 15 minutes ago ...more. KSHB 41. 177K. Subscribe.
Retail sales in June 2024 show 5% growth compared to last year

Retail businesses across regions have indicated growth in sales compared to June 2023, with South India showing the highest increase at 7%, ...
Worldwide travel and banking hit after cybersecurity update causes IT chaos - BBC News

Major IT outages have hit industries across the world; almost 1,400 flights are cancelled and banking, healthcare and shops affected.
Income Insurance continues talks with Allianz

Income Insurance reiterates that there is no assurance that any transaction will materialise or that any definitive or binding agreement will be ...
RBI issues revised Master Directions on Fraud Risk Management for Regulated Entities

The Reserve Bank of India has today, issued three revised Master Directions on Fraud Risk Management for the Regulated Entities viz.
Why Is Communication Important in Leadership? · Babson Thought & Action

Effective communicators convey a compelling vision and motivate others to engage and take action toward shared goals. Prioritize the Audience. Kristen ...
How to leverage social impact as an HR superpower | Culture & Behaviour

75% of Gen Zeers say an organization's community engagement and societal impact is an important factor when considering a potential employer.3. 72% of ...

 

rce of Information for this issue: Google alert accessed on 23th July, 2024
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Rasmita Barik
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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