ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the link.
ASIAN BUSINESS
Beijing Olympics champion Abhinav Bindra produced
some excellent shooting to clinch the gold while London Games bronze medallist Gagan Narang failed
to finish on the podium in the men's 10m Air Rifle event of the Asian Air Gun Championships here
today.
BUSINESS
In a big jump, India has moved up 16 positions
to rank 55th on a global index of the world’s most competitive economies, where
Switzerland continues to remain on top.
Market close: The benchmark Sensex ended higher by over
160 points reversing losses of more than 1 per cent earlier in the day after
the central bank surprised the street with a bigger-than-expected rate cut.
FINANCE
The government on Wednesday cut natural gas prices by 16 percent
to $4.24 per unit for the six month period beginning October 1.
INDIAN BUSINESS
Microsoft ia the first big public cloud
provider to open up shop in India, serving the country's growing tech scene.
Google CEO Sundar Pichai during the visit of Prime Minister Narendra Modi to company headquarters
on Sunday announced making internet facilities available at 500 railway
stations in India.
ODISHA BUSINESS
Odisha has
recorded about 11 per cent growth in software
exports in
2014-15 and positioned itself as the 10th largest exporting state among all the
states in the country.
RETAIL
We recently released our list of the most
powerful companies in America, breaking down which ones command the most influence.
INTERNATIONAL BUSINESS
In a note issued to investors and clients by
Jefferies & Co on Friday morning, International Business Machines
(NYSE:IBM) had its PT cut to $125.00. The firm right now has “Underperform”
rating on the stock.
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Source of Information for this issue : Google alert accessed on Google alert on October 5, 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
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