Wednesday, April 30, 2025

ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(65) Date. 30.04.2025

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

 

GLOBAL BUSINESS NEWS

The Global Economy Enters a New Era - International Monetary Fund (IMF)

The US effective tariff rate surged past levels reached during the Great Depression while counter-responses from major trading partners significantly ...


Trump's tariff tumble: The twist in US-China trade war - Times of India

International-Business News: Donald Trump seems to be softening his stance on the trade war with China. He hints at lowering tariffs, ...

Kimberly-Clark's $4 billion international tissue unit set for three-way M&A fight, sources say | Reuters

... international tissue business valued at around $4 billion, four people said. The three short-listed companies are doing due diligence on the business ...


International Business
 Machines (IBM) Is About to Report Q1 Earnings Tomorrow. Here's ...

International Business Machines (IBM) is scheduled to announce its results for the first quarter of 2025 on April 23. IBM stock has risen by mor.


International Business Machines Corp. Q1 Profit Decreases, But Beats Estimates - Nasdaq

 (RTTNews) - International Business Machines Corp. (IBM) announced earnings for first quarter that decreased from the same period last year but ...

 

INDIAN BUSINESS NEWS


SAP: Indian Businesses Are Embracing AI to Transform Core Business Functions

At the SAP NOW AI Tour in Mumbai, SAP India today revealed new analysis into how Indian businesses are benefiting from artificial intelligence ...

Elon Musk's Tesla eyes India to diversify its global supply chain; in talks with CG Semi, Micron

India-Business News: Tesla is in discussions with Micron and CG Semi to diversify its semiconductor supply chain, reducing reliance on China ... 

India has solid opportunities, but volatile in terms of growth: P&G - The Economic Times

Despite its solid growth opportunities, India is categorized as an 'enterprise market' due to its inherent volatility. P&G's India business ... 

UBS to sell India wealth business to 360 ONE, take 5% stake in India partner - The Hindu

UBS will sell its Indian onshore wealth business to asset manager 360 ONE WAM in a deal valued at 3.07 billion rupees ($36 million), while taking ...


India's Retail Market Set to Reach $1.6 Tn by 2030

The retail landscape in India is also being shaped by the rise of organized retail formats. From luxury malls in metro cities to modern high streets ...


India's Mahindra Logistics posts narrower fourth-quarter loss - Reuters

India's Mahindra Logistics reported a smaller quarterly loss on Monday, helped by growth in its key contract logistics division and a narrower ...

 

ODISHA BUSINESS NEWS


Odisha targets 130 mt steel capacity by FY30, while India aims for sustainable growth

Odisha aims to triple steel capacity by 2030, attracting ... Business News Companies News Markets News Economy News Forex News Agri ...


Jindal Stainless gains after commissioning Odisha's largest captive solar energy plant

With a combined capacity of over 30 MWp, this installation is now the largest captive solar energy plant within a single industrial campus in Odisha.


Odisha targets to triple steel production by 2030, says CM Mohan Majhi - The Hindu

He said the state, received investment proposals worth Rs 17-lakh crore at the two-day business conclave, “Utkasrh Odisha” held in January with a ...

Odisha establishes high-level Task Force to ensure smooth operation of Industries in the State

... Business EconomyPosted at: Apr 25 2025 8:01PM. Odisha establishes high ... The session, held at the Bombay Exhibition Centre, showcased Odisha's steel ...

Odisha CM meets with Spanish ambassador, invites apparel brands for sourcing, innovation centres

Spanish clothing companies ZARA, Desigual, and Mango were invited by the CM to investigate joint innovation centres and sourcing hubs in the ...

 

SECURITY MARKET NEWS


Tesla's profits plunged by 71% in Q1 2025. Can Elon Musk turn it around? - Times of India

International-Business News: Tesla faces a significant challenge as profits plummet by 71% due to backlash against Elon Musk's political ... 

Stock market today: BSE Sensex opens over 550 points up - Times of India

India-Business News: Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, continued their upward trend on Monday ... 

Motilal Oswal sees 20-25% growth opportunity in wealth business - CNBC TV18

Motilal Oswal Private Wealth is targeting higher growth than the overall industry, backed by structural shifts in the wealth management space.


After banking, It's time to buy IT Stocks - Stock Insights News | The Financial Express

While Bank Nifty are soaring to new highs, IT stocks have taken a backseat—until now. A sharp correction in the Nifty IT Index may set the stage ...

 

GENERAL NEWS


Reliance Industries becomes first Indian company to cross total equity of over Rs 10 lakh crore

Reliance Industries reports a rise in its March quarter net profit. The company's retail business rebounded. Its oil business defied the global ...


iD Fresh Food appoints Shobhit Malhotra as CEO – International Business to drive global expansion

iD Fresh Food, India's most loved fresh food brand, today announced the appointment of Shobhit Malhotra as chief executive officer – International ... 

Apple and Meta attack 'unfair' €700m EU fines

The European Union has ordered Apple and Meta to pay a combined €700m (£599m) in the first fines it has issued under legislation intended to curb the power of big tech. It has issued a €500m (£428m) fine to Apple over its App Store, while Meta has been ... 

MC Exclusive | RBI asks banks to show prudence with banking apps - Moneycontrol

Mobile banking app. Should banks operate multiple apps catering to the same customer segment? This is the question the Reserve Bank of India (RBI) has ...


Government working to reduce regulatory issues in logistics sector - The Economic Times

The government is actively working to reduce regulatory hurdles in the logistics sector to improve ease of doing business and attract investments.

 

Source of Information for this issue: Google alert accessed on 30th April, 2025
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

 


No comments: