Tuesday, August 8, 2017

ASBM Business Updates Vol. 6(18) 8 ,Aug, 2017, 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 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 success in Odisha, Fedco scouts for more discoms for management

 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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