Tuesday, February 8, 2022



ASBM University Business Updates Vol. 10(36) 8th February, Tuesday, from Chanakya Central Library, ASBM University, Bhubaneswar.

ASBM University Business Updates Vol. 10(36) 8th February, Tuesday, from Chanakya Central Library, ASBM University, Bhubaneswar.

ASBMU Business Updates is a Weekly Selective Compilation of Business News from Various Sources. 
To find details follow the links.


Banking

Online transfer of funds between post office and banks announced in Budget 2022 - The ...

Finance minister Nirmala Sitharaman also announced to set up 75 digital banking centres in 75 districts by scheduled commercial banks.

Budget 2022: Govt to set up 75 digital banking units in 75 districts - The Economic Times

Finance Minister Nirmala Sitharaman said during her Budget speech that the Centre has proposed to set up 75 digital banking units (DBUs) in 75 ...

Budget 2022: Integrating 1.5 lakh post offices with core banking a big push to digital ...

Presenting Budget 2021-22, Finance Minister Nirmala Sitharaman announced that all of 1.5 lakh post offices will come under the core banking system ...

HDFC Bank, ICICI Bank and SBI may be the biggest beneficiaries from govt's push to ...

1.5 lakh post offices coming on the core banking platform, combined with ... key beneficiaries include banks like Axis, HDFC and SBI and low cost ...

Internet banking to be made available across all post offices this year: Budget 2022 - The ...

Therefore, transfer of funds via internet banking from a core-banking enabled post office to one which is not part of the core banking system is not ...


Logistics

Railway Budget impact: Rail logistics to enter speed track - The Economic Times

"Railways will develop new products and efficient logistics services for small farmers and small and medium enterprises, besides taking the lead ...

Global Logistics 2022: Is this the new normal?

It's clear that the pandemic has exposed the vulnerability of global supply chains—a problem the logistics industry will continue to face this ...

Logistics stocks surge up to 7% after FM proposes plan for swift movement of goods in Budget

Shares of logistics companies jumped after Finance Minister Nirmala Sitharaman said the government will focus on swifter movement of goods across ...

Budget 2022: 'Focus on multi-modal connectivity to boost logistics sector' | Business Standard News

The government's drive to encourage integrated logistics and multi-modal connectivity is definitely a positive move towards the progress of the ...


Retail

Supreme Court sets aside February ruling restraining Future Retail from selling its assets to ...

In his February ruling, Justice JR Midha had said Future Retail, Future Coupons and group founder Biyani were in violation of an October interim ...

Banks act against Future Retail for missing payments - Mint

MUMBAI : Lenders to India's Future Retail have started classifying loans to the retailer as a "non-performing asset" after the company missed ...

TCS buyback: Retail investors can buy now and tender for a quick 10-20% gain - Economic Times

Out of the four crore shares that will be bought back, 60 lakh shares or 15% of the buyback is reserved for retail shareholders holding shares ...

Let Amazon, Reliance Retail bid for FRL assets: Lenders to SC - The Economic Times

Future Retail Ltd's lenders on Thursday suggested a bidding between Amazon and Reliance Retail for the retailer, so that the creditors could ...

 Business

Union Budget 2022 Explained Live Updates: Crypto, NFT come under tax net

Finance Minister Nirmala Sitharaman Tuesday presented the Union Budget 2022-23 in Parliament. In five big infrastructure projects, the government has proposed expanding highways in the country by 25,000 kilometres, allocating Rs 60,000 crore to the Nal ...

Cryptic tax rules confuse investors, and more crypto news

Digital rupee on blockchain may not be best idea: experts; Crypto exchanges say signups jumped 30-50% on Tue; WazirX founder announces new blockchain venture. On crypto tax, investors and experts ...

Charges, rules at these banks will change in Feb

In February 2022, new rules regarding money transfer and fees applicable on services of several top banks will come into effect. Here is a look at what these new changes are. SBI latest charges for IMPS transaction. SBI has stated that the ceiling for ...

Manyavar-owner Vedant Fashions collects Rs 945 cr from anchor investors ahead of IPO

The company has decided to allot 1,09,09,450 equity shares to anchor investors at Rs 866 apiece, which is also the upper band of the public issue, aggregating the transaction size to Rs 944.75 crore, according to a circular uploaded on the BSE website.

Top 10 things to know before the market opens today

The market is expected to open in the red as trends on the SGX Nifty indicate a negative opening for the broader index in India with a loss of 34 points. The BSE Sensex fell 143.20 points to 58,644.82, while the Nifty50 declined 43.90 points to ...

 

Supply Chain

Supply Chain Management (SCM) Software Update: SCM keeps the supply chain wheels turning

Supply chain management software has become the solution of choice for companies as they ride out the ongoing pandemic and plan for the future.

A normal supply chain? It's 'unlikely' in 2022 | World News,The Indian Express

The deepening understanding that the supply chain crisis has staying power poses a daunting challenge to policymakers.

How shipping and supply chain backlogs are impacting inflation - YouTube

Lori Ann LaRocco, Senior Editor at CNBC, joins Worldwide Exchange to discuss her latest reporting on the link between inflation and supply chain ...

Lean Supply Chain Management or Agile? Here's How to Achieve Both | 2022-01-30 ...

Can global supply chains be both agile and lean? With the right kind of digital transformation, the answer is yes.

Supply chain challenges mean new concerns for businesses - Diginomica

Today's distributors and manufacturers have supply chains quite different from those two decades ago. Modern firms use Lean manufacturing techniques ...

Insurance

Covid brings life insurance penetration in India to global levels - The Economic Times

Thanks to the coronavirus pandemic, many more Indians purchased life insurance policies. According to the Economic Survey 2021-2022, ..


After hike in limit, over 50% of bank deposits now insured: Economic survey

In terms of amount, the total insured deposits (Rs 76.2 lakh crore) as at end-March 2021 constituted 50.9 per cent (up from about 30 per cent ...

Budget 2022: Insurance guarantees next round of infra build-up - Times of India

India Business News: Contractors bidding for infrastructure projects will find it easier to get on board with the government accepting surety ...

At $8.65 bn, LIC 10th most valued insurance brand globally: Report - The Economic Times

Life Insurance Corporation, which is bound for the nation's largest share sale by March, is the strongest and the largest brand in the country ...


Asian School of Business Management


ASBM MBA Admission 2022 begins; Get direct link to apply here - News by careers360

Asian School of Business Management, Odisha has invited applications for the MBA programme. Get direct link apply for MBA admissions here.

ISB placements: Average pay offered surges by 20% - The New Indian Express

The ISB has 39 per cent of women students, which is the highest among leading business schools in the south Asian region.

FORE School of Management's 2020-22 batch achieves 100 per cent placement - Telegraph India

The 2020-22 batch of the MBA programme at FORE School of Management in New Delhi has achieved 100% placement despite the COVID-19 pandemic causing ...

BGSU faculty, alumni research into female leadership in Asia hailed as pioneering - Sentinel-Tribune

Chin-Chung (Joy) Chao '08. The anthology looks at leadership from Asian women in several sectors – including business, non-profits, journalism and ...

Somaiya Vidyavihar University appoints Dr. Raman Ramachandran as Head of ...

... of Management Development Programmes at K J Somaiya Institute of Management ... Raman was also a member of the Asia Pacific Business Board, ...

 Management

Management and Life Lessons from Ground Zero - The Hindu BusinessLine

In this book, veteran marketer and leader Harrish M. Bhatia, distills practical learnings from his 38-year long career spreading from Aristocrat ...

Indian Institute of Management Kashipur, Times Professional Learning announce Post ...

The year-long programme in its second year is aimed at managers to understand management functions, develop future-ready managerial skills, ...

Subscription management platform Chargebee nabs $250M as SaaS soars | VentureBeat

Chargebee, is a subscription management and recurring billing platform used by big-name companies such as Okta.


Source of Information for this issue: Google alert accessed on 8th  February, 2022
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Chanakya Central Library
Information and Documentation Division, Chanakya Central Library.
ASBM University, Shiksha Vihar, Bhola, Barang, Khurda Road, Chandaka Bhubaneswar- 754012
Website: 
www.asbm.ac.in, Tel: 0674-2374832, 2374833, Email: Library@asbm.ac.in,
Niharbala Nayak, Librarian, Knowledge and Information Services Unit, Chanakya Central Library, ASBM UNIVERSITY Bhubaneswar. 
Library1@asbm.ac.inwww.asbm.ac.in


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