Tuesday, April 26, 2022

Knowledge and Information Services Unit, Chanakya Central Library, ASBM University, Bhubaneswar. library@asbm.ac.in ; www.asbm.ac.in

ASBM University Business Updates Vol. 10(42) 26th April, Tuesday, from Chanakya Central Library, ASBM University, Bhubaneswar.

 

ASBM University Business Updates Vol. 10(42) 26th April, 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.

 

Indian Business

Russian Ukraine War: India's Tata Steel to stop doing business with Russia

Business News: Tata Steel will stop doing business with Russia, the Indian steel major said on Wednesday, making it the latest global company to

 

India's exports up 37% at $18.79 billion till mid-April, shows data | Business Standard News

Read more about India's exports up 37% at $18.79 billion till mid-April, shows data on Business-standard. Excluding petroleum products, the growth ...

 


India
 creates least number of companies in four years in last fiscal - The Economic Times

Agencies The fiscal saw a 30% year-on-year decline in aggregate company formation. Last fiscal, India created the least number of companies in four ...

 

Ease Of Doing Business And India s Next Growth Phase -Pradeep Multani - BW Businessworld

Pradeep Multani - With 'Ease of Doing BusinessIndia offers new hope to the world in post-pandemic transition and this should encourage the ...

Indian startup ecosystem gains global recognition: Ashwini Vaishnaw | Business Standard News

Read more about Indian startup ecosystem gains global recognition: Ashwini Vaishnaw on Business-standard. Terming startups as "accelerators", ...

 

Banking

 

Daily Voice | Banking, autos look attractive, but IT needs caution, says Ihab Dalwai of ICICI ...

"Banking should potentially benefit from the expected pick-up in credit. Going ahead, higher profitability should be driven by lower credit costs," he ...


Rbi Imposes Monetary Penalty On Central Bank Of India. Details Here | Mint

The bank received a penalty for non-compliance with certain directions issued by RBI on 'Customer Protection–Limiting Liability of Customers in ...

 


Banks
 putting more of surplus funds in commercial papers as rates rise - The Economic Times

While bank funding is still more expensive than the market rates, lesser rated companies are likely to move towards bank funding rather than floating ...

 

 

Better banking using digital ID verification - BAI

IDology's Heidi Hunter joins us to talk about digital identity verification and how it can help banks and credit unions deliver speed and ...

 

RBI, Bank of Russia officials discuss payment options - The Economic Times

This was the first meeting between the two central banks after Russia invaded Ukraine on February 24. The officials assessed the technical hurdles ...

 

Asian Management

 

ADB, ILX Partner to Boost Climate and Other SDG Investments in Asia and Pacific - World

WASHINGTON, D.C. (21 April 2022) — The Asian Development Bank (ADB) and fund manager ILX Management (ILX) signed cooperation arrangements that ...

 


Gold House Starts $30-Million Fund To Promote Asian-Americans in Corporate World - The Quint

A nonprofit collective formed four years ago, Gold House, according to former Google product manager Bing Chen, had two missions from its outset, as ..

 

Deyi Tan on Asian Economies - Bloomberg

Deyi Tan, Asia Economist at Morgan Stanley, discusses her outlook for Asian economies with Juliette Saly and Doug Krizner on Bloomberg Daybreak ...

 


Grievance relating to delisting of Asian Paints' founders' company reaches PMO - Moneycontrol

Elcid's manager to the delisting offer JM Financial has countered this method of calculation. They had appointed chartered accountants SSPA & Co ...


A-rated EM manager makes case for Asia ex-China opportunities - Citywire Selector

A-rated EM manager makes case for Asia ex-China opportunities. Aubrey's Rob Brewis explains why he believes the trend of China-dominant EM funds ...

 


Asset Management Awards 2022: Best asset service providers - AsianInvestor

On Thursday (April 21), we will announce the top fund houses across Asian markets, and follow next week with our marquee winners, the top ESG ...

 

Logistics

 

How the Logistics industry acts as a catalyst in boosting India's small scale businesses

The concept of tech-driven integrated logistics is awakening in India today, and due to structural reforms, the country's logistics efficiency has ...

Amazon plans to invest $1 billion in logistics and robotics companies - The Economic Times

Alex Ceballos Encarnacion, vice president of worldwide corporate development, said in an Amazon blog post that target companies may work with ...

 

The logistics industry needs to catch up on AI and ML integration to enhance delivery efficiency

On the other hand, logistics companies have been aggressively adopting new age technologies to stay ahead of the curve. Artificial intelligence ...

 

How tech-driven disruptions are driving the future of Indian logistics - Times of India

The Indian logistics sector is one of the biggest in the world, growing at an average of 10.5% every year and valued at around $215 billion.

 

Kerry Indev Logistics partners with BSH Hausgeräte GmbH - Times of India

India Business News: CHENNAI: Chennai-based Kerry Indev Logistics has signed logistics assignments for Bosch, Siemens at its new facility created ...

 

Asian Business

 

Seizing green business growth for Asia's energy players | McKinsey

Renewable energy already dominated Asian green-investment activity over ten years ago (2010), accounting for almost 80 percent of sustainability- ...

 


Asian
 Stocks Slide On Growth Concerns From Fed Rate Hikes, Pushing Dollar Up - NDTV.com

Asian stocks fell the most in two weeks on Monday as concern about rapid U.S. rate rises and slowing growth rattled investors.


Most Asian indexes gain ground on US yield drop, but Chinese stocks fall - Business Standard

Read more about Most Asian indexes gain ground on US yield drop, but Chinese stocks fall on Business-standard. A 0.78% drop for Hong Kong and ...

 


Asian
 Shares Fall Amid Interest Rate, Earnings Worries | Business News - USNews.com

By YURI KAGEYAMA, AP Business Writer. TOKYO (AP) — Asian shares declined Monday after U.S. stocks ended last week on a tumble as global markets' ...

 


Asian
 Shares Mixed After Tech-Led Rally on Wall Street | Business News - USNews.com

By ELAINE KURTENBACH, AP Business Writer. BANGKOK (AP) — Stocks were mixed in Asia on Wednesday after a rally on Wall Street led by technology ...

 

Supply Chain


Kraft Heinz and Microsoft join forces to accelerate supply chain innovation as part of broader ...

 

Through this transformation, Kraft Heinz expects to reimagine its day-to-day operations, create a more collaborative supply chain, and enhance ...

 

Supply chain pressures suggest upside risks to inflation may persist, RBI staff find - Moneycontrol

RBI staff, including Deputy Governor Michael Patra, have developed an index of supply chain pressures for India to function as an.

 


The Challenge Of Getting Those Supply Chains Closer To Home | Mint

Supply chain snarls brought on by covid and geopolitics are now forcing a rethink. Some recent developments have helped.

 


How Literal Roadblocks Hinder the Supply Chain - WSJ

This banal, logistical element of supply chains makes them vulnerable to extortion by rebels. Whether in Afghanistan or Yemen, South Sudan or Syria, ...

 


Tesla crushes Q1 estimates, warns that supply chain issues are far from over | TechCrunch

Tesla said it faced several challenges in the first quarter related to global supply chain, transportation, labor and manufacturing and that the ...

 

Asian School of Business Management

 

Top 10 Management Colleges For The Best Business Education

Business School Of The year at Asian Excellence Awards 2022 ... School of Management, BML Munjal University offers some of the top BBA, MBA, ...

 


Sharing Economy Appoints Jefferson Chan as Chairman and CEO - Hubbis

Mr. Jefferson Chan graduated from Hult International School with a Bachelor degree in Business Administration, Entrepreneurship.

 


Interest in Business Schools Survives Cost Perception and “Great Resignation” - GlobeNewswire

RESTON, Va., April 19, 2022 (GLOBE NEWSWIRE) -- The Graduate Management Admission Council (GMAC), a global association of leading graduate ...

 


Finance

Franklin Templeton is here to stay in India, we are hiring and getting ready to launch new funds: Sanjay Sapre

Debt fund investors rushed to take their money out and fund houses everywhere saw redemptions. Franklin Templeton India was the worst affected because it had been running a high-yield strategy across six of its debt schemes, totaling assets worth Rs 25,215 ...

 

Amazon gets social (again); Razorpay's $80-100 million secondary share sale

In 2017, Amazon launched Spark, its first experiment with social commerce, in the US. It even brought the service to India in 2018 but things didn't go well and Spark was shut down in 2019. Now, Amazon India has bought Glowroad as it takes another ..

 

Rainbow Children's Medicare to launch IPO next week: 10 key things to know

The company intends to garner Rs 1,580.84 crore through the public issue at the upper price band. The IPO comprises a fresh issue of shares aggregating to Rs 280 crore and an offer-for-sale (OFS) of up to 2.4 crore equity shares by promoters and investors.

 

Kinara Capital raises Rs 380 crore in funding led by investment manager Nuveen

The company said the fund infusion will lead to Kinara's expansion of products and services to meet the rapidly increasing MSME credit demand in India. ETtech Illustration: Rahul Awasthi.

 

ICICI Bank Q4 Results: Standalone net profit jumps 59% YoY; 5 key takeaways

India's second largest private bank's net interest income registered a 21 per cent on-year rise to Rs 12,605 crore in Jan-Mar from Rs 10,431 crore a year ago.

 

International Business


Elon Musk's cryptic tweet channeling Elvis baffles investors | International Business News

International Business News: The world's richest person caused a stir last week after he filed a $43 billion proposal offering $54.20 a share for ...

 

Assistant Professor in International Business job with COVENTRY UNIVERSITY | 291088

We are seeking an Assistant Professor (Senior Lecturer) in International Business to join the School of Strategy and Leadership. We are looking for ...

 

Assistant Lecturer in International Business job with COVENTRY UNIVERSITY | 291065

We are seeking two Assistant Lecturers in International Business to join the School of Strategy and Leadership. We are looking for new talented and ...

 


Explainer: How will Twitter's board handle Elon Musk? - Times of India

International Business News: Many investors, analysts and investment bankers expect Twitter Inc's board of directors to reject Elon Musk's $43 ...

 

Switzerland, Thailand to relax Covid-time entry norms from next month - Times of India

International Business News: NEW DELHI: An increasing number of countries will lift their Covid-time entry restrictions from next month, ...

 

Netflix loses 200k users, 1st drop in a decade | International Business News - Times of India

International Business News: After a decade of meteoric growth that shook Hollywood to its core, Netflix has run into a wall.

 

Odisha Business

 

Land acquisition for JSW project to be done in 5 months: Odisha govt - Business Standard

In 2020, when the company proposed this project, the Odisha government reserved 2700 acres of land acquired in 2013 for the failed Posco project.


CM Naveen Patnaik says, Odisha has taken massive strides in business and industry in last ...

Bhubaneswar: Chief Minister Naveen Patnaik addresses the Transforming Odisha 2022 conclave and Focusing on 5T…

 


Odisha's
 Santanu Mishra Received Business World Social Impact Leader Award In Delhi

Odisha, Mr. Santanu Mishra, who is the co-founder and executive trustee of India's leading development organization Smile Foundation has been ...

 


RailTel Corp bags Rs 122-cr contract from Odisha Government | Business Standard News

Read more about RailTel Corp bags Rs 122-cr contract from Odisha Government on Business-standard. RailTel Corporation of India said that it has ...

 

Odisha announces Rs 120 crore bonus for Kendu leaf pluckers, binders - Republic World

Republic World

Odisha announces Rs 120 crore bonus for Kendu leaf pluckers, binders. ... Business News · Entertainment News.

 

Future Retail Limited (FRL) has been accused of placing false statements before various courts in a petition filed by Amazon.

MCR's senior management team has invested alongside Arlington Capital, according to a news release. “MCR has established itself as a preeminent provider of ...

Source of Information for this issue: Google alert accessed on 26th April, 2022
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Sanjay Kumar Rout
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,
Dr Manashri Nath, Librarian, Knowledge and Information Services Unit, Chanakya Central Library, ASBM UNIVERSITY Bhubaneswar. 
Library1@asbm.ac.inwww.asbm.ac.in

 

 

 

 

 

 

 

 

 


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