ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(30) Date. 30.07.2024

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

GLOBAL BUSINESS NEWS

International Business Machines (IBM) Q2 2024 Earnings Call Transcript | The Motley Fool

International Business Machines (IBM -0.04%) Q2 2024 Earnings Call Jul 24, 2024, 5:00 p.m. ET. Contents: Prepared Remarks; Questions and Answers ...
Expect double-digit growth in replacement, international business despite rubber price hike: CEAT

CEAT Tyres: CEAT anticipates double-digit growth in replacement and international business this fiscal despite rising natural rubber prices, ...

NTT DATA forges capital alliance with Alloyed to advance 3D metal-printing technologies ...

... Business Sector, NTT DATA Japan Corporation E-mail: nttdata_pjtkla ... international companies in lower large enterprise – and for their people.
9 in 10 CEOs embrace hybrid working: survey | Asian Business Review

A separate IWG research found that 74% of companies stated that in five years' time, their companies would be operating in a hybrid model. Flexible ...
DBS: 90% of multinationals empower treasury for growth | The Asian Banker

... management, as well as innovative digital payments and working capital management. As an Asia-centric bank with an extensive regional footprint ...

The Importance of Digital Identity Management in the Finance Industry

How CIMB used automation to raise staff productivity. Your e- ... 

INDIAN BUSINESS NEWS

International Business: India sets aside $24 billion for jobs - Gulf Daily News

“In this budget, we particularly focus on employment, skilling, small businesses, and the middle class,” Finance Minister Nirmala Sitharaman said ...
Indian business focus more on ESG reporting and compliance than peers globally, reveals report

What does business in India focus on? When examining insights from the subcontinent, it was seen that Indian businesses are more likely than their ...

Business News; Musk Launches Poll Asking Tesla Investment in xAI, Indian Rupee Hit Low

Here are the top business headlines of the day. Sensex down 280 pts; Indian rupee hits record low Bajaj Finserv posts Q1 results.
Union Budget 2024: A step in the right direction for Indian industry - Times of India

India Business News: Budget 2024: As a pivotal sector, healthcare made several recommendations to strengthen the ecosystem of care.
India represents 20% of SAP's global spend management, business network

For global enterprise solutions provider SAP, India now represents 20 per cent of its global intelligent spend management and business network (ISBN) ...
India's auto components industry still reeling from Red Sea crisis - Business Standard

The Indian auto component industry exported items worth $21.2 billion in 2023-24, marking a five per cent year-on-year growth, he noted.
Data management complexity emerges as a major challenge for 30% of Indian organisations

Amit Luthra, MD – India, Lenovo ISG, stated, “As highlighted in the Data Management Playbook, 2024 will be pivotal for organisations navigating the ...
Hockey India launches Athlete Management System to revolutionize talent development and ...

​New Delhi, 24th July 2024: Hockey India on Wednesday launched their cutting-edge Athlete Management System (AMS), designed to revolutionize the ...

India has made significant progress in global logistics rankings, according to the Economic ...

India's position in the World Bank's Logistics Performance Index has improved significantly, moving from 44th to 38th place in 2023. 

ODISHA BUSINESS NEWS

Odisha presents Rs 2.65 trn budget for FY25 with focus on agri, women - Business Standard

The BJP government in Odisha presented its maiden budget on Thursday with a total estimate of Rs 2.65 lakh crore for the 2024-25 fiscal, ...
Odisha govt approves 26 projects worth Rs 5,992.92 crore - PTI

Home > BUSINESS > Odisha govt approves 26 projects worth..... Back. Odisha govt approves 26 projects worth Rs 5,992.92 crore. BHUBANESWAR: The Odisha ...

Govt moves over 2000 BSF personnel from Odisha to terror-hit Jammu - Business Standard

The government has ordered the extraction of two BSF battalions, comprising more than 2000 personnel, from Odisha to beef up security in the ...
Amid Chaos, Economic Survey Tabled in Odisha Assembly - Deccan Chronicle

“While some IT companies have opened their domestic and global operations in Bhubaneswar, the state needs to encourage more IT and ITeS companies to ...
Odisha to grow at 8.5%: Economic Survey - The New Indian Express

... companies to open their operation in Odisha, thereby increasing IT/software exports from the state. DURAI. It noted that tourism sector of Odisha ...
Odisha govt asks transport officers to seize vehicles without fitness - Business Standard

The Odisha government has directed the transport authorities to seize vehicles, which are plying on roads without valid fitness certificates, ... 

SHARE MARKET NEWS

International Business Machines Corp. stock outperforms competitors on strong trading day

Shares of International Business Machines Corp. advanced 4.33% to $191.98 Thursday, on what proved to be an all-around mixed trading session for ...
Asian stocks subdued after lacklustre earnings from US tech; yen firms - Business Standard

The US dollar was broadly firm, with traders watching out for an inflation reading on Friday and Federal Reserve meeting next week.
Tech slump knocks Asia shares, yen towers at 2-1/2-month peak - The Economic Times

In early Asian trade, Nasdaq futures rebounded 0.4% and S&P 500 stock futures rose 0.3%. "Traders have played outright defence, as the saturated ...

Stock market today: Asian stocks track Wall Street gains ahead of central bank meetings

... Management said in a commentary. " Since the Federal Reserve began raising interest rates in March 2022 to counter inflation, he added, “the big ...

Stock markets fall for 4th day on selling in banking shares, STT hike - The Hindu

Benchmark BSE Sensex declined for the fourth day in a row on July 24 due to selling in financial and banking shares and the government's move to ...
Banking stocks under pressure after Budget 2024 skips major reforms for sector

Barring Federal Bank, all banking stocks nosedived in the sea of red on July 23 after 2024 Budget failed to announce any major reforms for the sector.
Govt, Sebi warnings pile up as retail participation in stock mkt explodes - Business Standard

... retail investors, especially in the high-risk futures and options segment. | Photo: Bloomberg. Bloomberg. 2 min read Last Updated : Jul 25 2024 | 1 ...

Gainers & losers: Stocks and sectors that moved the most on July 22

Indian benchmark indices witnessed a volatile session on July as investors exercised caution ahead of the Union Budget of 2024. Finance Minister Nirmala Sitharaman is due to table the budget on July 23 and investors are eagerly waiting to see a glimpse ...

Tesla share price falls 8% in extended trade as Q2 profit misses estimates

Tesla's Q2 net income declined to $1.48 billion from $2.70 billion a year ago amid price cuts to revive demand and increased spending on AI projects. · Get Instant Loan up to ₹10 Lakh!

Asia stocks skid as China trims rates; Biden steps aside

SYDNEY, July 22 (Reuters) - Asian shares slid anew on Monday, getting little lift from a surprise rate cut by China's central bank, while Wall Street futures firmed in the wake of President Joe Biden's decision to bow out of the election race.

GENERAL NEWS

Jindal Steel and Power Q1 result: Profit grows to ₹1456.54 crore

Jindal Steel and Power Ltd (JSPL) on Wednesday posted a 4 per cent increase in profit after tax to ₹1,456.54 crore during the June 2024 quarter, helped by higher income. It had clocked ₹1,399.52 crore profit after tax (PAT) for the period ended June 30, ...
Insurance Budget 2024 Live Updates: Life and health coverage plans to become affordable ...

Insurance Union Budget 2024 Live, FM Nirmala Sitharaman Insurance Budget Speech 2024 Live Updates: On July 23 at 11 AM, Finance Minister Nirmala ...
Strengthening Digital SCM Services: Launch of SCM and Advanced Business Management ...

Launch of SCM and Advanced Business Management Solutions (Mo9). Jul. 24, 2024. Marubeni Corporation. In order to strengthen the Digital Supply Chain ...
Growing the links in sustainable supply chains - Westpac IQ

With stakeholders demanding greater transparency and performance, how can you build a business case for improving supply chain sustainability? And ...
Budget 2024: Will the rise in taxes on F&O drive retail investors towards long-term investment? - Mint

Derivative trading in India has gained significant momentum post COVID-19 pandemic, attracting retail investors who view it as a quick way to earn ...
Organisations struggle to nurture creativity even though they see it as essential

Despite their belief in creativity, many organisations are struggling to create environments that nurture and encourage innovative thinking.
Report on the Management of the Government's Portfolio for the Year 2023/24 - GIC

GIC remains focused on long-term performance amidst profound uncertainties in the investment environment. The GIC Portfolio achieved an annualised ...
Thomson Reuters launches new AI-Assisted Research skill saving customers time on ...

A business management tool for legal professionals that automates workflow. ... Management, Research, Thomson Reuters. “We're excited to be ...
RBI proposes to tighten banks' LCR norms, releases draft guidelines - Business Standard

Additional 5% 'run-off' factor imposed on retail deposits in view of proliferation of digital banking. Advertisement. RBI, Reserve Bank of India.

Banking sector awaits privatisation and capex boost in Budget 2024 - Moneycontrol

Will FM Nirmala Sitharaman fulfill income tax-payers' expectations in Budget 2024? Banking stocks, including SBI, Bank of Baroda, IDBI Bank, HDFC Bank ...

 

rce of Information for this issue: Google alert accessed on 30th 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.in; www.asbm.ac.in