Tuesday, August 6, 2024

ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(31) Date. 06.08.2024

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)


 GLOBAL BUSINESS NEWS

Britain to hold international investment summit on October 14 - Times of India

International Business News: The UK government, under Prime Minister Keir Starmer, announced plans to host a global investment conference on ...

International business in a world of uncertainties - Businessamlive

Examples are international trade, foreign-owned companies, foreign investments and foreign airline businesses etc. Transactions of economic resources ...
International Business
 Machines Corporation Just Beat Analyst Forecasts, And ... - Simply Wall St

The quarterly results for International Business Machines Corporation ( NYSE:IBM ) were released last week, making it a...

Deloitte: AI complements human roles, not replaces them - Asian Business Review

With an ongoing debate about AI's potential to replace human workers, Rob Hillard, Deloitte Asia Pacific's Consulting Businesses Leader, reassured ...

Delivery Hero to combine European and Asian businesses, cut jobs - The Business Times

DELIVERY Hero is merging three of its businesses across Europe and Asia to cut costs and simplify its operations as the German food delivery ...


Asian Companies
' Climate Ambition Faces Roll-out Challenges - Bloomberg

Asian companies are increasingly setting climate targets but many of them don't have a clear plan for how to achieve those goals, ...

Rupee becomes second-worst Asian currency | World Business Watch - YouTube

After a robust first half in which it outperformed its Asian peers' currencies against the dollar, the rupee was the second worst currency, ...
Carlsberg to fully acquire South Asian business in $744 million deal - MSN

Carlsberg Acquisition: Danish brewing giant Carlsberg has announced a strategic move to solidify its position in the South Asian market by ...
Outdated, unintuitive technology is a major challenge for wealth managers in Japan - Avaloq ...

Most wealth management professionals in Japan (71%) use their investment advisory tools in client meetings, above the Asian average of 64%. Of ...

INDIAN BUSINESS NEWS


Indian Firms Told To Be Careful While Doing Business With Chinese Firms - NDTV

Indian embassy in Beijing has issued an advisory asking Indian small and medium enterprises (SMEs) to take certain precautions before doing any ...
ADB to give $200 mn loan to India for solid waste management in 100 cities

Asian Development Bank and the Government of India recently signed a USD 200 million (about Rs 1700 crore) loan to improve solid waste management ...
Indian lenders need $1 bn to upgrade core bank systems: BCG report - Business Standard

Indian lenders will have to invest one billion dollars in five to 10 years to upgrade their legacy core banking systems, according to Vipin V, ...

India set to play crucial role in developing a resilient supply chain in Indo-Pacific region

India and 13 other Indo-Pacific Economic Framework (IPEF) partners have established three supply chain bodies under the landmark Indo-Pacific ...

 Boom in wealth management as India's bull run creates more billionaires - Moneycontrol

Private banks and wealth management companies are increasingly rolling services catering to the High Networth Individuals (HNIs) with IndusInd ...

 Big bond funds managers in India argue that long-term rates going down | News on Markets

Some of India's biggest bond fund managers say the nation's interest rates are set for a long-term decline, ushering in a new investment era for the ...

 India now 20% of SAP's global business network, says Ashwani Narang | Company News

For global enterprise solutions provider SAP, India now represents 20 per cent of its global intelligent spend management and business network (ISBN) ...

Indian govt fines Zerodha Asset Management, Nithin Kamath for late hiring of CFO

The Ministry of Corporate Affairs (MCA) has penalized Zerodha Asset Management Private Limited and its directors, including founder Nithin Kamath, ...

Indian companies pledge to invest in US - Times of India

India Business News: Indian companies like JSW Steel and the Aditya Birla Group announced significant investments in the US during the 2024 ...

Foreign portfolio investors continue buying spree in Indian stock markets - Times of India

India Business News: Foreign portfolio investors continued their buying spree in Indian stock markets for the second consecutive month, ...

ODISHA BUSINESS NEWS

Odisha passes appropriation bill for Rs 95000 cr, house to meet on Aug 20 | India News

... Odisha has received improved funding from the central budget. (Only the headline and picture of this report may have been reworked by the Business ...

JSW Steel surrenders mining lease for Jajang Iron Ore Block in Odisha - Business Standard

... Odisha, out of the 4 iron Ore Mining leases in the State of Odisha ... Copyrights © 2024 Business Standard Private Ltd. All rights reserved.
Odisha
 & Bengal contribute hugely to exports of engineering goods from India

... Business & Economy · News · PRNews · Entertainment · States · East · West · North · South · Parliament · Business EconomyPosted at: Jul 30 2024 4:54PM ...
Tata Steel may need to pay over Rs 17,000 cr to Odisha govt as minerals tax - Moneycontrol

The SC bench said states have the power to impose tax and levies such as cess on land in which the mineral is extracted from. However, the company is ...

Odisha logs 25% growth in GST collection - The Statesman

... BusinessOdisha logs 25% growth in GST collection. he progressive collection under State GST up to July 24 stands at Rs.8866.95 crore against a ...

Purohit demands CBI probe into Rs 60K crore mining scam in Odisha

... Odisha as per the recommendation of Justice MB Shah commission. Raising the issue under Rule 377 of the Rules of Procedure and Conduct of Business ...

SHARE MARKET NEWS

International Business Machines Corp. stock outperforms competitors despite losses on the day

Shares of International Business Machines Corp. shed 0.28% to $189.12 Friday, on what proved to be an all-around poor trading session for the ...
World's richest lose $134 billion in stock slump, led by Bezos - Times of India

International Business News: Jeff Bezos's net worth shrank by $15.

Asian Stocks Rally on Fed Cut Hopes; US Weighs China Chip Curbs | Bloomberg - YouTube

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo ...

Asian stocks steady, yen firm ahead of Bank of Japan's policy decision - Business Standard

Focus will be on whether the BOJ will raise rates, with several Japanese media reporting that the bank would consider raising rates.
How secure are systems now in the insurance industry? - Asian Business Review

Consequently, insurers are turning to regulatory technology, a sector forecasted to grow by 20% globally, with Asia expected to lead this growth.
Nifty may open 200 points lower as Asian stocks wilt - The Hindu BusinessLine

Besides, underwhelming performances of some big companies, including Intel, dragged the market further. Meanwhile, Nifty futures at Gift City ruling ...
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global

India Business News: S&P Global Ratings reported that state-backed digital initiatives in India could lead to a tripling of retail borrowing by ...

Indian Oil Corporation Q1 Results Live : profit falls by 75.56% YOY

The operating income was down by 26.15% q-o-q & decreased by 71.26% Y-o-Y. The EPS is ₹2.69 for Q1 which decreased by 74.31% Y-o-Y.

Ola Electric IPO Live Updates: E2W maker subscribed 8% on day 1 so far, employee portion fully booked; check GMP

The IPO consists of an offer for sale (OFS) of 8.49 crore equity shares valued at ₹645.56 crore at the higher end of the price range by investors and promoters, in addition to a new issue of equity shares up to ₹5,500 crore. Under the OFS, Ola Electric's ...

Maruti Suzuki Q1 results: PAT up 47% to Rs 3650 cr on high demand of SUVs

The share of SUV sales in Maruti's overall sales grew to 31 per cent from 25 per cent a year ago, making it the company's second-biggest segment after compact cars. Advertisement. Maruti Suzuki, Maruti Suzuki logo. Maruti is one of the first carmakers ...

GENERAL NEWS

Asian Development Bank commits $200 million loan for solid waste management in 100 Indian cities

New Delhi, July 30 Asian Development Bank (ADB) and the Government of India recently signed a USD 200 million (about Rs 1700 crore) loan to ...

Indian banks want customers, but no smartphones please - The Economic Times

Indian banks transferred $2.5 trillion, or 80% of GDP, through smartphones. However, the RBI is now raising liquidity requirements for ...

Gadkari asks FM Sitharaman to withdraw 18% GST on life, medical insurance premiums

The request followed a memorandum from the Nagpur Divisional Life Insurance Corporation Employees Union. NEW DELHI: ...

Govt. introduces Disaster Management (Amendment) Bill, 2024 in Lok Sabha - The Hindu

Disaster Management Act 2024: Government to introduce a Disaster ... Indian student arrested for submitting fake records to return to India.

Odisha to reduce its reliance on West Bengal; will procure potatoes from Uttar Pradesh

Odisha government plans to reduce reliance on West Bengal for ... Business Line BL on Campus Sportstar Frontline இந்து தமிà®´் ...

Second Quarter Gold Demand Hits Record Highs, Supporting Rising Prices - Pragativadi

... Odisha News - Pragativadi | Odisha News, Breaking News Odisha, Latest Odisha News ... Business · Sports · E- paper · Lifestyle & Culture · Travel ...

BJD Rajya Sabha member pitches for revising coal royalty for Odisha - ET EnergyWorld

... business paradigms and traditional notions of marketing and brand building are under scrutiny, though think tanks around the world have earmarked ...

rce of Information for this issue: Google alert accessed on 06th Aug, 2024
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Sasmita Swain
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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