ASIAN SCHOOL OF
BUSINESS MANAGEMENT
Asian School of Business Management, Bhubaneswar organised
the 21st National Management Colloquium (NMC) – LOGISTICS on the 6th of
December 2014 in its premises. The Colloquium was organised on the theme
"Logistics: What Next?" with sub theme 'Resource Optimisation' and
'Effect of E-Commerce on Logistics'.
This colloquium was inaugurated by Dr. A. K. Chattopadhyay,
Managing Director, TRL Krosaki Limited by lighting the 'lamp of wisdom'. He
emphasised on revival of India Economy in days ahead. The hindrance on its way
is "We have great minds but not mindsets". The Founder & Director
Prof. (Dr.) Biswajeet Pattanayak in his welcome address asserted that “the
future of the world lies in Asia and companies who will flexibly integrate
logistics into their fold will remain relevant in the future" and further
said the future of e-commerce depends on the development of Logistics and
supply chain sector.
The Key Note Speaker Shri Subrat Tripathy, Chief Executive
Officer, Dhamara Port Co, Ltd. while emphasising faster change is the need of
the hour, stated that the first developing India will be possible by
managing law, agriculture, energy, security and infrastructure. He further
asserted that that landscape of logistics has changed dramatically and
‘unbundling’ and ‘restructuring’ of the logistics sector is a must for Indian
businesses to become globally competitive.
BANKING
In a bid to improve efficiency of banks and to bring
down their operational costs, the Reserve Bank of India (RBI) has asked banks
to make all possible efforts to enable customers to get onboard the mobile
banking platform. Henceforth, mobile banking PIN can be generated from ATMs,
mobile phones, internet banking and mailers. RBI has also asked banks to
promote mobile banking and go all out to acquire mobile numbers of customers.
In its new circular detailing mobile banking norms, RBI has sought to standardize procedures across banks.
"There are differences in procedures adopted by banks for registering customers for mobile banking as well as in the channels of delivery and authentication process. Lack of awareness as well as standardization of procedures at banks also adds up to the problems, which has led to a slow pickup of mobile banking service despite the high mobile density in the country."
In its new circular detailing mobile banking norms, RBI has sought to standardize procedures across banks.
"There are differences in procedures adopted by banks for registering customers for mobile banking as well as in the channels of delivery and authentication process. Lack of awareness as well as standardization of procedures at banks also adds up to the problems, which has led to a slow pickup of mobile banking service despite the high mobile density in the country."
BUSINESS
India’s communications satellite GSAT-16 was on Sunday, put on a
Geosynchronous Transfer Orbit (GTO) by the European launcher Ariane 5 VA221,
from the Kourou space port in French Guiana. Bad weather had delayed the flight
by two days.
GSAT-16's 48 transponders - 12 in the C band, 12 in the extended C and
24 in the Ku band - cover the entire country and the Andaman & Nicobar
islands.
The Indian Space Research Organisation (ISRO) briefly said the 3,181 kg
GSAT-16 was put in orbit.
It was delivered on an Ariane 5 rocket along with US broadcast
satellite DIRECTV-14, launch company Arianespace said.
GSAT-16 will be used by television, telephone, Internet, public and
private operators. It replaces the INSAT-3E — which expired in April this year
— at 55 degrees East longitude.
The cost of the satellite, built by ISRO in Bengaluru, and
Arianespace's launch fee are put at around Rs. 880 crore.
ISRO last launched a communication satellite in January this year.
The satellite now goes around Earth in a temporary elliptical one about
36,000 km at one end and it must be adjusted gradually into a circular one.
The first post-launch exercise to increase the satellite's orbit will
be taken up a day later at around 4 a.m. at the Master Control Facility,
Hassan, ISRO chief Radhakrishnan had told The Hindu before the launch.
INDIA BUSINESS
Google
today announced the launch of an interface ‘Google My Business’ here
to help Indian small and medium businesses (SMBs) succeed online.
Google
said the new product, designed to work across both desktop and mobile devices
(tablets and smart phones), will help small and medium businesses to create and
update their business info on Google Search, Maps and Google+ from one place
for free in both Hindi and English.
‘Google
My Business’ makes it easier for business to create their online presence even
when they don’t have a website and manage it from their smart phones, making it
easier for customers to get in touch with local businesses when they search for
them online, Google said.
“India
is strategic market for Google and we are committed to invest in solutions that
cater to the needs of SMBs in India,” Google Head of Small and Medium Business
Sales Suryanarayana Kodukulla told reporters here.
He
said “Globally over 2 million businesses use Google’s advertising platform to
find potential buyers on internet. We have very ambitious plan of bringing down
the barriers that inhibits SMBs in India from embracing the internet.”
INTERNATIONAL
BUSINESS
Intel Corp. bought
Canadian company PasswordBox, which developed a system for users to manage
their passwords. PasswordBox, created by the Montreal-based company, was
downloaded 14 million times since the application had been developed around a
year back. PasswordBox can also be used for storing and encrypting credit card
information for faster checkouts during online shopping. While Intel took the
company over, the financial details of the deal was not revealed by the California-based
company. According to the general manager of the Intel Security Group - Chris
Young, PasswordBox will help users simplify logins and relieve them from
password fatigue. Young issued a news release which said that both the
companies shared the same goal of improving digital identity protection across
all platforms and devices. A Series A venture funding round led by the OMERS
Ventures funded $6 million in PasswordBox in 2013.
MANAGEMENT
Microsoft said
Monday it was buying the mobile email management application Accompli, in a
deal reported to be worth more than $200 million.
The deal
gives Microsoft a startup helping people more easily manage their mail on
handsets using Google
Android or Apple
iOS operating systems.
"In
a world where more than half of email messages are first read on a mobile
device, it's essential to give people fantastic email experiences wherever they
go," said Microsoft vice president Rajesh Jha in a blog post. "The Accompli team is
passionate about this quest. Their app provides innovative ways to focus on
what's important in your inbox, to schedule meetings, and work with attachments
and files."
The
price was not disclosed by Microsoft, but reported by the news website Re/code.
Accompli's
Javier Soltero said on his blog that the app "will become part of
Microsoft's ambitious effort to reimagine productivity for the mobile
era."
He
noted that "18 months ago we started building a team and a product around
the idea that we could make mobile email better. Today that journey continues
as part of a larger organization with the technology, talent, and market reach
that will help us take the vision of Acompli to hundreds of millions of mobile
users across the world."
ODISHA BUSINESS
Bharti Airtel Ltd today said its high speed 3G services are
available to customers in Odisha.
With this, Airtel now offers a wide bouquet of mobile services to customers in Odisha, with its offerings spanning 2G & 3G services, a company release said.
Airtel is a major mobile operator in Odisha with over 8.5 million customers, it said.
With this, Airtel now offers a wide bouquet of mobile services to customers in Odisha, with its offerings spanning 2G & 3G services, a company release said.
Airtel is a major mobile operator in Odisha with over 8.5 million customers, it said.
Airtel 3G
will be available to customers in Bhubaneswar, Cuttack, Rourkela, Sambalpur,
Brahmapur, Keonjhar, Jajpur Road, Jajpur Town and Paradip, it said.
Airtel customers across these cities can now experience high speed 3G mobile broadband experience and enjoy buffer-free video streaming, high speed downloads, file sharing and transfers, online gaming and much more on the go.
Airtel 3G services will available at prices starting as low as Rs. 27/- and customers can choose from a variety of simple and affordable plans, the release added.
Airtel customers across these cities can now experience high speed 3G mobile broadband experience and enjoy buffer-free video streaming, high speed downloads, file sharing and transfers, online gaming and much more on the go.
Airtel 3G services will available at prices starting as low as Rs. 27/- and customers can choose from a variety of simple and affordable plans, the release added.
RETAIL
A
year after parting ways with Walmart, billionaire Sunil Mittal's Bharti Retail
plans to borrow up to 2,000 crore to accelerate store openings and spruce up
operations. The company board has already passed the fund-borrowing resolution,
according to Bharti Retail's recent filings with the registrar of companies.
The filing, however, didn't specify when and where the amount will be utilised.
A Bharti spokesperson declined to comment.
A
real estate industry official privy to Bharti Retail's plan said, "The
company has stabilised most of the operations post-Walmart and is now looking
for some big-ticket spending to improve back-end efficiency and
expansion." Experts said the company may need funds to spruce up back-end
operations and speed up expansion to compensate the void created by its
estranged partner Walmart. Bharti and Walmart ran an equal wholesale joint
venture in India until differences cropped up between the partners, leading to
a split in the six-year-old alliance in October last year.
SUPPLY
CHAIN
Infor, a
renowned provider of business application softwares, has joined hands with the
prominent sportscar manufacturer Ferrari. According to this new agreement,
Ferrari will be investing in Infor Sales and Operations Planning (S&OP).
The S&OP will be abolishing the age-old legacy systems and
spreadsheet-based processes of erstwhile ERP LN contract, to make way for a
faster and more precise supply chain planning process.
The
contract will help Ferrari to make use of automated workflows of Infor’s
S&OP, in order to maintain a constant flow of information between demand
from the market/dealer and supply from the automaker’s manufacturing plant.
This in turn, will improve the accuracy, planning and flow of data within the
company. In addition to it, Ferrari can also track and alter the changes,
taking in the factors of demand from dealer and supply from its production
plant into consideration. This effectively will reduce the time taken by company
to meet the customer demand by a substantial degree.
_________________________________________________________________
Source of
Information for this issue : Google alert accessed on Google alert on Dec 8 , 2014
We
welcome your suggestions in improving this information updating service.
Knowledge
Is Power. Be Informed, Be Knowledgeable, Be Powerful.
Best wishes
Compilation
Sabita
Sahu
Junior
Librarian
Concept,
Layout and Editing
Syamaghana
Mohanty
Chief
Librarian
Information
and Documentation Divison, Chanakya Central Library
Asian
School of Business Management
Shiksha
Vihar Bhola,
Barang
Khurda Road, Chandaka
Bhubaneswar-754012
www.asbm.ac.in
Tel:
0674-2374832, 2374833
E-mail:
library@asbm.ac.in, chieflibrarian@asbm.ac.in
Sabita Sahu :Junior Librarian Knowledge and Information Services Unit, Chanakya Central Library, Asian School of Business Management, Bhubaneswar. library@asbm.ac.in ; www.asbm.ac.in
No comments:
Post a Comment