ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(33) Date. 20.08.2024

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

GLOBAL BUSINESS NEWS

Global business urges governments to reject new international cybercrime treaty - ICC

Global business urges governments to reject new international cybercrime treaty. 13 August 2024. ICC warns of serious flaws in the newly adopted UN ...
Nomura leverages growing interest in Japan market to grow Asia-Pacific business

Nomura has offices in Singapore, Hong Kong and Dubai that focus on the wealth management theme – targeting clients in South-east Asia, Greater China ...

Aligning with Asian businesses at home | Asia Society

Asian companies operating in Australia bring a range of economic, social, and cultural benefits, contributing to the overall prosperity and ...
International Business Machines Corporation (IBM) is Attracting Investor Attention - Nasdaq

International Business Machines Corporation (IBM) is Attracting Investor Attention: Here is What You Should Know · Earnings Estimate Revisions. Here at ...

STEVIE AWARDS UNVEILS 21ST INTERNATIONAL BUSINESS AWARDS WINNERS

... International Business Awards (IBAs), the world's only international, all-encompassing business awards programme. High-achieving organisations and ...
Indian Investors Lead Foreign Business Expansion in Dubai, with 7,860 New Companies in ...

... international businesses. While India led the pack, other countries also showed significant interest in Dubai's business landscape. The United ...
The perfect funds to pair for a bull/bear strategy in Asia - Trustnet

News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, Tax Shelters, ...

INDIAN BUSINESS NEWS

Indian companies are looking to international markets for growth: CRISIL

Indian companies are increasingly looking to international markets, with 83% of large corporations using cross-border banking, up from 71% two ...
Indian Investors Lead Foreign Business Expansion in Dubai, with 7,860 New Companies in ...

... international businesses. While India led the pack, other countries also showed significant interest in Dubai's business landscape. The United ...

Revamping disaster management in India: Key changes and innovations in new bill

In the past, disaster management in India was largely reactive, concentrating on relief and rehabilitation via the Calamity Relief Fund (CRF) and ...

Government amends Foreign Exchange Management rules to simplify FDI and overseas investment

One of the most significant amendments simplifies the rules for cross-border share swaps, allowing Indian companies to issue or transfer equity ...
Department of Economic Affairs amends Foreign Exchange Management (Non-debt ... - PIB

The amendments aim to simplify cross-border share swaps and provide for the issue or transfer of Indian company equity instruments in exchange for ...
ADB grants $200 million loan to India for solid waste management across 100 cities

Asian Development Bank (ADB) will offer a $200 million (about Rs 1700 crore) loan to India to improve its solid waste management and sanitation.

Choppy Waters Await Indian Businesses: Navigating the EU's Due Diligence Directive

EU adopts corporate social responsibility directive. Indian companies doing business with EU companies would be expected to meet EU' Standard ...

Indian businesses must align cybersecurity budgets with growth amid rising digitalisation ...

India Business News: NEW DELHI: Indian businesses must align their cybersecurity budgets with their growth objectives to ensure sustainable ...

Yen carry trade: India sees redemptions worth $66 mn, mostly from midcaps

The recent panic surrounding the Yen carry trade has led to outflow of funds from India. This investment strategy involves borrowing money at low interest rates in Japan (yen) and investing it in higher-yielding assets elsewhere.

ODISHA BUSINESS NEWS

Berger Paints to invest Rs 2000 crore in 2 new plants in Bengal, Odisha - Times of India

The company will set up an integrated manufacturing unit in Odisha's Khurdha, expected to be commissioned in mid-2027. In a press meet after the AGM, ...
Infrastructure boost for Odisha: Centre approves four major National Highway Projects

Odisha National Highway projects The CM mentioned that the ... More From Business · Oyo reports first net profit of Rs 229 crore in FY24 ...
India's Facor cleared for Odisha ferro-chrome expansion | Latest Market News - Argus Media

The company plans to more than double its ferro-chrome production capacity from 145,000 t/yr to 300,000 t/yr by adding two new furnaces at its Bhadrak ...
SQUAREA achieves Rs 225 cr. sales for Odisha's first branded residences, DN YOO Odisha ...

More and more of the city's lifestyle-conscious HNIs, business families and A-lister citizens are looking for homes, which match their expectations of ...
Upholding pride, Odisha to reach pinnacle of development: CM Majhi | India News

 (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated ...
Integrated Green Ship Recycling Industrial Park in Odisha Soon - Pragativadi

... Odisha News - Pragativadi | Odisha News, Breaking News Odisha, Latest Odisha News ... Business · Crime · E-Paper. © 2022 - Pragativadi Publication Pvt.
SC on retro tax on minerals: Odisha and Rajasthan to watch out for - Business Standard

Odisha, Rajasthan, Chhattisgarh, Karnataka and Jharkhand, are India's top five mineral producing states by value annually, and in the same order ...

SHARE MARKET NEWS

FACT Q1 Results: Stock Falls 7% After Net Loss of Rs 49 Cr | Pragativadi | Odisha News ...

The company reported a net loss of Rs 48.7 crore for the April to June quarter, in contrast to a profit of Rs 71.8 crore in the corresponding quarter ...
International Business Machines Corp. stock underperforms Monday when compared to competitors

Shares of International Business Machines Corp. slipped 1.03% to $189.48 Monday, on what proved to be an all-around mixed trading session for the ...
Banking, IT, auto or realty? Which segment stocks to buy in rising Indian stock market? - Mint

Stocks to buy: Experts have recommended buying stocks from banking, auto, realty, and IT segments for medium to long term.

HEG crashes over 7% as Q1 results show net profit fell 83%; stock split announced

HEG reported a steep 83.4 percent year-on-year (YoY) decline in net profit for the June quarter, plummeting to ₹23 crore from ₹139 crore in the same period last year. The company's total income also decreased by 15 percent, coming in at ₹591.90 crore ...

Nalco Q1 results: PAT up 76% at Rs 588 cr, total income at Rs 2916 cr

The company had posted a consolidated profit of Rs 333.76 crore in the year-ago period, National Aluminium Company Ltd (Nalco) said in an exchange filing. Advertisement. Nalco logo. The board has recommended final dividend of Rs 2 per share for 2023-24 ...

Manappuram Finance Q1 Results Live: Profit Rise by 11.84% YoY

Operating income, on the other hand, witnessed a minor decline of 2.4% QoQ but showed a significant increase of 17.09% YoY. This indicates that the company has been able to improve its operational efficiency over the past year.

GENERAL NEWS

Strengthening India's Healthcare Logistics Infrastructure - ET HealthWorld

Advanced tracking and monitoring systems provide real-time visibility into the movement of pharmaceuticals, enabling better inventory management and ...
Citi's wealth unit selling its trust business: report | Asian Banking & Finance

Asian Banking & Finance and Insurance Asia Summit - September 3, 2024 ... Wealth Management. ,. Image by Freepik. Citi's wealth unit selling its ...
PM Modi hails banking sector reforms in Independence Day speech, says Indian banks ...

Independence Day 2024: Prime Minister Narendra Modi in his speech at the Red Fort today hailed the banking sector reforms, and called Indian banks ...

Outflows from SIP accounts scale new high of Rs 14367 crore in July

 “Those who have been investing through SIP over the past few years have made handsome returns. Those satisfied with returns and not expecting further rally could be booking profits and also stopping SIPs,” added Sriram BKR, senior investment strategist, ...

UN Global Supply Chain Forum 2024 Recap - YouTube

Catch up on the highlights from the UN Global Supply Chain Forum 2024, held in Bridgetown, Barbados, in May 2024.

Yen carry trade: India sees redemptions worth $66 mn, mostly from midcaps

The recent panic surrounding the Yen carry trade has led to outflow of funds from India. This investment strategy involves borrowing money at low interest rates in Japan (yen) and investing it in higher-yielding assets elsewhere.

Chipmaker Texas Instruments to receive up to $1.6 billion in funding from US

Texas Instruments also expects to receive about $6 billion to $8 billion in investment tax credit from the U.S. Treasury Department, and $10 million in funding for workforce development. "This $1.6B will go a long way ...

Human Resource Management | Where are we now? - HR Grapevine

At the start of the decade, the pandemic significantly reshaped the landscape of Human Resource Management (HRM), pushing organisations to ...

rce of Information for this issue: Google alert accessed on 20^th 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.in; www.asbm.ac.in