Monday, October 5, 2015

ASBM Business Updates Vol. 4(27) 5 Oct 2015, Monday from Chanakya Central Library, Asian School of Business Management, Bhubaneswar.

ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the link.
ASIAN MANAGEMENT
Six countries in Southeast Asia - Laos, Vietnam, the Philippines, Malaysia, Singapore and Indonesia - have higher-than-average female representation in top-level business management, according to a report by the Asian Development Bank (ADB) released this week.

BANKING
The introduction of a new accounting standard for financial instruments will be challenging for the banking industry, especially when it comes to modeling for expected losses, the European Central Bank's supervisory chief said on Tuesday.

BUSINESS
Market close: Taking a sharp U-turn by giving up all the early gains, the benchmark BSE Sensex tumbled over 540 points, tracking weak European markets amid lingering global growth worries.

9:59 am Market Update: The Sensex rose 87.08 points to 26280.06 and the Nifty gained 23.05 points at 8000.15.

BUSINESS COMMUNICATION
One of the big issues facing any IT organisation is that typically, while their business is IT, the business that they support is not, says Dee Smith and Associates.

FINANCE
Sachin Bansal and Binny Bansal, the co-founders of India's largest e-commerce firm Flipkart debuted on Forbes billionaire list on Wednesday, each boasting a personal fortune of USD 1.3 billion

INTERNATIONAL BUSINESS
International Business Machines Corporation (NYSE:IBM) has lost 1.94% during the past week and dropped 2.92% in the last 4 weeks.

INDIAN MANAGEMENT
A section of Air India Engineers have threatened to take the airline's management to court if it does not reverse its decision to absorb 50 odd Air India Express (AIE) engineers into subsidiary AIESL on the ground that the move would adversely impact their carreer prospects.

I asked Franklin Templeton’s CIO Sukumar Rajah to come up with three Indian stocksworth buying now as emerging markets look ugly

A World Congress on Vedic Foundations of Management Science to be held in September 2018 in Chicago was announced last week by Integrating Spirituality and Organizational Leadership (ISOL) global foundation.

ODISHA BUSINESS
After getting a modest seventh rank among states in a recent World Bank report, Odisha is banking on its latest edition of the Industrial Policy Resolution (IPR) to upgrade its rank among investors on 'Ease of Doing Business'.

The government today approved Rs 1,575.38-crore highway project in Odisha under its flagship highwaysbuilding programme NHDP.

SUPPLY CHAIN
DES PLAINES, Ill., Sep 22, 2015 (BUSINESS WIRE) -- The 2015 Thinkers & Movers Award, an industry-wide award recognizing individuals whose innovative leadership has impacted supply chain thinking and practices, will be presented on September 28 to two outstanding professionals.
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Source of Information for this issue : Google alert accessed on Google alert on September 28,  2015
We welcome your suggestions in improving this information updating service.
Knowledge Is Power. Be Informed, Be Knowledgeable, Be Powerful.

Best wishes
Compilation
Dharitri Pradhan
Library Professional Trainee
      
Information and Documentation Divison, Chanakya Central Library
Asian School of Business Management
Shiksha Vihar Bhola,
Barang Khurda Road, Chandaka
Bhubaneswar-754012


Dharitri Pradhan, Library Professional Trainee, Knowledge and Information Services Unit, Chanakya Central Library, Asian School of Business Management, Bhubaneswar. library@asbm.ac.in ; www.asbm.ac.in

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