ASBM University Business Updates Vol.10(88)
01th August, Tuesday, from Chanakya Central Library, ASBM University,
Bhubaneswar
ASBM
University Business Updates Vol. 10(88) 01th August, 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
Bank Holidays August 2023: Banks to remain closed on these days. Full list here | Mint
Out of these, banks will
be shut on all Sundays as well as second and fourth Saturdays. The Reserve Bank
of India (RBI) has placed the holidays under ...
Bank holidays in August 2023: Banks to
be closed for 14 days in August, here's the state ...
There are
state-specific bank holidays, as well as others when all banks in
the country are closed. Banks will be closed countrywide on
August 15 ...
Federal Bank,
Canara Bank: 2 Jhunjhunwala banking bets to share
Q1 results today. Analyst views
Federal Bank may
report 30.4 per cent jump in profit at Rs 783 crore, said Kotak Institutional
Equities. It sees NII rising 21.8 per cent YoY to ...
RBI
imposes curbs on National Coop Bank, the Bengaluru bank founded
by a Gandhian
The Reserve Bank of
India (RBI) has imposed restrictions on The National Cooperative Bank,
one of Bengaluru's oldest institutions, ...
About 80% of ₹2,000 notes back in banking system as of 30 June: FinMin | Mint
New Delhi: Around six weeks after the Reserve Bank of India (RBI) decided to withdraw ₹2,000 currency notes, 77% of them have returned to the ...
The surprise move was the latest signal that the country may
revise its longstanding commitment to cheap money, meant to spur Japan's
sluggish economic growth, as rising interest rates abroad have driven up
inflation and weakened the yen.
But there's still the very real risk of US consumers simply
accepting higher prices if inflation's defeat stalls for too long, making a
case for one more rate hike. And if there's one thing the Fed doesn't want to
do, it is to give financial markets any ...
If they vote no, a strike is still a very real possibility. That
could bring millions of package deliveries to a grinding halt, upend only
recently recovered supply chains and knock the US economy for a loop.
Volkswagen has bought nearly 5% of Chinese electric vehicle
maker Xpeng for $700 million and agreed a strategic partnership to develop two
new models as it attempts to reverse a decline in sales in the world's biggest
car market.
The pan-European Stoxx 600 were down 0.3% in early deals Monday,
with all major bourses and the majority of sectors trading in negative
territory. Banking stocks led losses, dropping 0.8%, while telecom stocks were
a rare outlier, adding 0.6%.
LIC Jeevan Kiran life insurance policy:
Maturity benefit, how to apply online, premium ...
A non-linked, non-participating, individual, savings, life insurance.”
plan. This plan has differential premium rates for Smoker/Non-Smoker lives.
Add-on covers are usually additional benefits that you can add
to your comprehensive car insurance policy by paying an extra
amount.
SBI Life Insurance Company on July 25 reported
a net profit of Rs 381.04 crore for the April-June quarter of FY24, up by 45
percent from Rs 263 ...
Top five common insurance complaints in
India and how to resolve them - Moneycontrol
From delays in claim settlement to unfair terms and poor
customer service, policyholders face a number of issues with their insurance service ...
LIC Jeevan Kiran (Plan 870): The Life Insurance Corporation
of India (LIC) has launched a new plan named Jeevan Kiran.
Sebi trashes reports of plans to curb retail participation
in derivatives segment
Moneycontrol
Referring to the media reports, it said that there is “no
proposal to curb retail participation in derivative markets”.
SEBI Considering Easier Risk-Based Approach For
On-Boarding Retail F&O Investors
"There is no proposal to curb retail participation
in derivative market," SEBI said. On average 2.8 million retail investors
traded in the F&O market ...
With Indian share prices near record highs, drawing
increased retail investor interest, the regulator is concerned
smaller players could suffer ...
The two-day OFS saw a strong start, as the quota reserved for
non-retail investors got 2.73 times subscription on the Day
1. Retail investors are ...
Qatar's sovereign wealth fund is in talks to buy stake in
Reliance Retail and is said to be considering a $1bn
investment giving it a stake of ...
Mahindra Logistics Q1 Results: Firm reports Rs 9 crore loss - The Economic Times
"In Q1 FY24, we continued focusing on customer growth and
expanding margins across integrated logistics & mobility
solutions.
Trucking company Yellow said it is in talks with multiple
parties about selling Yellow Logistics as the financially
ailing operator seeks to raise ...
India's coal ministry is developing a logistics policy
and national coal evacuation plan to reduce costs, according to an official
statement.
The company, a leading player in the air cargo logistics industry,
has seen significant growth in recent years and aims to raise 36.46
crores ...
Hellmann Worldwide Logistics joins Pharma-Aero
platform; Röhlig appoints Albrecht as sea freight chief; Supply chain
disruption slowing, ...
After surpassing the market expectations, Facebook owner, Meta
Platforms witnessed an 11% rise in its revenue to $32 billion in the second
quarter. The company has predicted an upbeat third-quarter revenue above market
expectations.
The Federal Reserve is expected to raise interest rates on
Wednesday, the latest in a series of increases that have squeezed the budgets
of debt-laden Americans, while rewarding those with money to stash in savings.
The Federal Reserve has already ...
DETROIT, July 25 (Reuters) - General Motors (GM.N) is wrestling
with costs and struggling to build more electric vehicles, as it reported
Tuesday that adjusted pre-tax profit and margins in its key North American
market fell from the first quarter, ...
United Parcel Service announced Tuesday that it had reached a
tentative deal on a five-year contract with the union representing more than
325,000 of its U.S. workers, a key step in averting a potential strike next
month.
GE, 3M up on strong full-year profit forecasts · RTX shares
tumble on Pratt & Whitney jet engine problem · US consumer confidence rises
to two-year high in July · Indexes up: Dow 0.20%, S&P 0.30%, Nasdaq 0.69%.
Business administration is the process of managing and
coordinating diverse business operations for a company or organisation. It
involves supervising ...
In today's fast-paced and highly competitive business environment,
brand management has emerged as a crucial discipline for
organizations across ...
... into a false sense of security about their readiness to
respond to a crisis by assuming their company needs only one
crisis management plan.
Hitachi Payment Services said the acquisition will transform its
market standing by integrating the cash management business into
its overall ...
Business Management And Financial Managementthe stock market
2023who invested ... To avoid further regulatory scrutiny, the company added
that the ...
Why International Business Machines
Corporation (NYSE:IBM) Could Be Worth Watching
Let's talk about the popular International Business Machines
Corporation ( NYSE:IBM ). The company's shares saw a...
International Business News: Kissflow which competes with the
likes of Microsoft, Salesforce, Zoho, Mendix and Airtable – inaugurated its
Dubai ...
By Bennett Caplan I am pleased to introduce my colleague,
Bennett Caplan, head of secretariat for FIVS, which is essentially the international ...
International Business News: The GCC's leading immigration
advisory firm, Step Global, headed by MD and U.S. Lawyer Preeya Malik, is
offering free ...
International Business Machines (NYSE:IBM) shareholders notch a
10% CAGR over 3 years, yet earnings have been shrinking · Investors can buy low
cost ...
Indian companies can directly list in GIFT IFSC, says FM Nirmala
Sitharaman
Says government's vision for GIFT IFSC transcends the realm of
traditional finance and ventures · The government has permitted Indian
companies to ...
The direct overseas listing will allow Indian companies to
access foreign funds on various exchanges overseas. “A direct listing of
securities by ...
Union Finance & Corporate Affairs Minister Nirmala
Sitharaman on Friday said that Indian companies can now
directly list their shares on foreign ...
What Indian Businesses need to know about AI
Zendesk is a San Francisco-based technology firm that specialises in
software-as-a-service products ...
"The government has taken a decision to enable direct
listing of listed and unlisted companies on the IFSC
exchanges," Finance Minister Nirmala ...
Gen V K Singh inaugurates New Session of Asian Business School
- ANI News
Noida (Uttar Pradesh) [India], July 24: Asian Business School
(ABS) welcomed a new batch of enthusiastic young students for the Post
Graduate ...
Asian stocks down in early trade, US Stocks settled
mixed. Q1 earnings of RIL, ICICI Bank, Kotak Bank, Tata Steel at focus.
Domestic equity markets ...
Asian markets were trading mostly weaker on Wednesday ahead of
the ... in shares of technology, materials and communication services companies.
Asian stocks were up in early trade, US stocks
settled higher overnight. Domestic stock indices may see a tepid start to
Tuesday's session amid a lack ...
Asian Paints Quarterly Results for Q1FY24 - ICICI Direct
Bath Fittings business: Sales decreased by 28.2% to Rs 84.7 crore from Rs 118.0 crore on the back of a high base in the last year due to price ...
Source of Information for this
issue: Google alert accessed on 01th August, 2023
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Mamata Sahu
Information and Documentation Division, Chanakya Central Library.
ASBM University, ShikshaVihar, Bhola, Barang, Khurda Road, Chandaka
Bhubaneswar- 754012
Website: www.asbm.ac.in, Tel: 0674-2374832, 2374833, Email: Library@asbm.ac.in,
Dr ManashriNath, Librarian, Knowledge and Information Services Unit, Chanakya
Central Library, ASBM UNIVERSITY Bhubaneswar. Library1@asbm.ac.in; www.asbm.ac.in
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