ASBM Business Updates Vol.7(5) 29th January,2018,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

Banking

URL:Bank Zero Aims to Shakeup South African Banking with Tech-Savvy Offering

For a business that hasn't even launched yet, Bank Zero has attracted a disproportionate amount of attention. The reason is its founder is Michael Jordaan, the man who turned South Africa's First National Bank (FNB) into the most innovative bank in the country, winning numerous international awards along the way.

Finance

URL:Market Now: Telecom stocks plunge on data war; Bharti Airtel, Idea Cellular down 5%

NEW DELHI: Most of the telecom stocks including Bharti AirtelBSE -2.78 % (down 4.79 per cent), Idea CellularBSE -2.15 % (down 4.78 per cent), GTL InfrastructureBSE -1.86 % (down 3.39 per cent), Vindhya Telelinks (down 2.84 per cent) and Mahanagar Telephone Nigam (down 2.28 per cent) cracked in Wednesday's trade on an intensified data war after Reliance Jio introduced Republic Day 2018 offers for its customers. 

Insurance

URL:Anorak scores £4M funding to make life insurance more accessible

VCs continue to pump money into startups attempting to inject life into the legacy and lucrative insurance industry. The latest ‘insurtech’ company to pick up funding in the U.K. is Anorak Technologies, which is on a self-described mission to “build the world’s smartest independent insurance adviser,” starting with life insurance.

Supply Chain

URL:Will ONGC's HPCL acquisition lead to long-awaited integrated supply chain?

NEW DELHI: ONGCBSE -1.56 % will buy 51.1 per cent of the government's equity in HPCL for Rs 36,915 crore ($581 billion) to stem the fiscal deficit and boost disinvestment -- a year after the Modi government mooted a much-needed initiative to create an integrated supply chain in the oil sector. The government will exceed its 2017-18 disinvestment target by Rs 20,000 crore after the "strategic sale". 

Source of Information for this issue: Google alert accessed on January29, 2018 

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