ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the links.
Management
President Trump has once again hired a new chief of staff, to bring needed order to a White House rocked by infighting
and missed opportunities. Many people hope that John
Kelly, a veteran Marine general known
for his organizational rigor, will now provide “adult supervision.”
Critics voice pessimism: rigor or not, no chief of staff will ever discipline
this famously impulsive celebrity president.
After successfully steering one of the discoms
in Odisha under the distribution franchise model, Feedback Energy Distribution
Company Ltd (Fedco) has recently signed up with three discoms in Madhya Pradesh
as management operator and is eyeing more such opportunities, including in
Uttar Pradesh.What started as a consultancy to shore up discom performance and
revenues, for Fedco, a 100 per cent subsidiary of power distribution company
Feedback Infra, managing the performance of state power discoms has become a
potential business.
Business
Communication
WhatsApp already dominates the consumer messaging app segment
with over a billion active users, and now it seems the company is now looking
to emulate similar success in the business segment. The WhatsApp beta for Windows Phone recently received an update that upgraded the version
number to 2.17.234, and added a feature that hints at major changes coming our
way. The Facebook-owned app reportedly became more business-friendly with the
update
International Business
CNBC's Jim Cramer singled out Domino's Pizza, Inc. DPZ
0.69% as being one of a small handful of stocks investors
"left for dead" but in fact have a lot of life
left. Cramer followed Monday with his bullish stance on the pizza chain in
an interview with CEO Patrick Doyle.
Banking
State Bank of
India cut deposit rates on savings accounts for the first time below 4 percent,
while Reserve Bank of India reduced key policy interest rates to lowest in over
6 years.Banking sector in this week was all about interest rate
movements with the country’s largest bank State
Bank of India cutting deposit
rates on savings accounts for the first time and with the Central Bank cutting
key policy interest rates to lowest in over 6 years.
Source of Information for this issue: Google alert accessed on August, 8th, 2017
Knowledge Is Power. Be Informed, Be Knowledgeable, Be Powerful.
Best wishes
Compilation
SK ABDUL GAFFAR
Asst. Librarian
Information and Documentation Division, 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,
SK ABDUL GAFFAR, Asst Librarian, 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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