Tuesday, October 3, 2023

 

ASBM University Business Updates Vol. 10(97) 03rd October, Tuesday, from Chanakya Central Library, ASBM University, Bhubaneswar

ASBM University Business Updates Vol. 10(97) 03rd October, 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.

Business

Under pressure that hasn't eased since the pandemic, some health care workers are preparing to strike

As the US hovers on the edge of another season of respiratory viruses, some health care workers are preparing to swap their medical instruments for picket signs, sounding the alarm about a staffing crisis that they say is already affecting patient care ...

What does the UAW strike have in common with this year's wave of labor action? 3 experts explain

More than 17,000 members of the United Auto Workers have put down their tools in recent days, the first time in 80 years they face a strike against Detroit's Big Three auto companies together. But the historic labor action is about more than just this ...

What Makes an Inclusive Leader?

Leaders play a particularly critical role: They account for a difference of up to 70 percentage points in employees' experience of belongingness and psychological safety, and inclusive leaders see a 17% increase in team performance, a 20% increase in ...

10 digital transformation questions every CIO must answer

Impactful DX requires a business-centric approach supported by the right skills, culture, and strategy. Here's how to assess whether your digital journey is on the path to success. Serious male boss team leader hr recruiter talking to businesswoman ...

Fast fashion is leaning into resale, but it may do little to reduce emissions, new study says

Resale platforms at fast-fashion retailers like H&M, Shein and Zara are projected to have a minimal impact on reducing emissions, a new study has found. The companies can have a greater impact on the environment if they focus on using more sustainable ...

Asian Business
21st Asian Business & Social Forum 2023 & The Healthier India Conclave 2023

New Delhi [India], September 25: AsiaOne Media Group successfully organised the 21st Asian Business & Social Forum and The Healthier India ...
Asian markets news: Doom loop momentum builds | Zee Business

These moves are unlikely to provide a springboard for Asian markets on Thursday, and beyond Australian retail sales there is nothing on the ...
Asian Legal Business Quarterly Webinar Series - Q3 Insights

Join the Asian Legal Business (ALB) team for our Quarterly Webinar Series, a quarterly look at the ever-evolving Asian legal landscape.
Sensex, Nifty fall on weak Asian stocks, foreign fund outflows - The Hindu BusinessLine

Equity benchmarks fall in early trade; Asian Paints, Kotak Mahindra Bank, Tech Mahindra, TCS, Infosys & Axis Bank lag.
Asian Business Headlines at 3:18 a.m. GMT - Yahoo News

Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by China. ... Asian Business Headlines at 3:18 a.m. GMT. Updated ...

Odisha Business
Odisha's GST collections rose by 12.85% to Rs 4,249 cr in September - Business Standard

The state generated 20.66 lakh waybills in September, as compared to 17.66 lakh waybills during the corresponding period of last year · BSE Odisha 10th ...

Odisha: Xerox shop owner asked to pay fine of Rs 25000 after failing to return Rs 3 to customer

... Business Today Desk. Updated Sep 28, 2023, 3:52 PM IST. As per ...
NLC India's Talabira power plant to supply 800 MW to Odisha's GRIDCO

... Odisha. By Our Bureau. comment Comments. Share. Copy link; Email; Facebook ... GRIDCO is engaged in the business of bulk purchase and sale of power to ...

NLC India completes PPAs for 2,400 MW coal-fired Talabira plant in Odisha

Power transmission company GRIDCO Ltd on Thursday signed the PPA to source 800 MW of electricity from the 3x800 MW coal-fired plant being set up at an ...
Odisha Discoms rope in local vendors for equipment supply, operational & commercial ...

... business endeavours. The four discoms, namely- TP Central, TP Southern, TP Northern and TP Western Odisha Distribution Limited have also ...

Indian Business
AI, cloud can help Indian small businesses create about 46 million jobs by 2030 - ET CIO

India's current rate of at least basic cloud adoption for all businesses, such as the use of web-based email services or cloud-based storage ...

Zepto, BluSmart, Ditto Insurance top LinkedIn's 25 Indian Start-ups List

It is an annual ranking of the emerging companies where professionals want to work, globally, based on unique LinkedIn data, the company said. The Top ...
Indian tech funding hits 5-year low with third consecutive quarterly decline: Report

There were five funding rounds exceeding $100 million, raised by companies such as Perfios, Zepto, Ola Electric, Ather Energy, and Zyber 365, with ...
India's Byju's to merge businesses, slash around 5,500 jobs – ET | Reuters

Indian education firm Byju's plans to cut around 5500 jobs to decrease costs amid a restructuring of its business, the Economic Times reported on ...

Top Crypto Gurus in India: Insights and Analysis - BusinessToday

She actively supports and invests in the crypto space while maintaining her influence in the Indian business sector. Tanvi Ratna - Policy Advisor and ...
Logistics
CJ Darcl Logistics to raise funds via IPO, files draft papers with SEBI - Moneycontrol

CJ Darcl Logistics Limited, a diversified logistics company in India, filed draft papers with capital market regulator to raise funds via initial ...
Staff crunch in retail, logistics as festive season nears | Mint

Mumbai/New Delhi: Retailers and logistics service providers are struggling to strike a balance between hiring contract workers to maximize festive ...
National Logistics Policy enhanced India's global competitiveness, believe CFOs - ET CFO

A year after the National Logistics Policy (NLP) was launched on 17 September, 2022 by Prime Minister Narendra Modi, its impact can be witnessed ...

Chinese e-commerce giant Alibaba plans to list its logistics unit Cainiao in Hong Kong - CNBC

Founded in 2013, Cainiao is a logistics network that helps Alibaba fulfil deliveries placed on its e-commerce platforms both in China and abroad.
Delhivery with AWS, and Nexus Ventures launch “Velocity” for logistics start-ups

Delhivery, Nexus Ventures, and AWS launched "Velocity", a 6-week start-up accelerator program to foster innovation in logistics.
Banking
RBI imposes monetary penalty on State Bank of India, Indian Bank, Punjab & Sind Bank

The Reserve Bank of India (RBI) has, by an order dated September 21, 2023, imposed a monetary penalty of ₹1.30 Crore (Rupees One Crore and Thirty ...
RBI approves merger of Sahebrao Deshmukh Co-op Bank with Cosmos Co-op Bank

RBI approves merger of two Maharashtra-based co-op banks, Cosmos Bank to acquire Sahebrao Deshmukh Co-op Bank. Post-merger, Cosmos Bank will have ...
How will biometrics shape the future of banking? - The Banker

The Deloitte Center for Financial Services expects synthetic identity fraud to generate at least a $23bn loss by 2030, prompting many banks and ...
Bank
 holidays in October 2023: Banks will remain shut for 18 days as per the RBI calender ... - Mint

Bank Holidays October 2023: Banks closed for 18 days, including weekends and festive holidays.
The Latest Fixed Deposit Interest Rates: Sept 29, 2023 - The Hindu BusinessLine

Note that fixed interest rates may be subject to a revision after a specified tenure depending on the bank's T&Cs. Some banks/FIs allow fixed rate ...
Retail
ADIA looks to put $600 million into RIL's retail business - The Economic Times

Abu Dhabi Investment Authority (ADIA) is reportedly looking to invest $600 million in Mukesh Ambani's retail empire, Reliance Retail Ventures ...
ADIA may infuse $600 million in Reliance Retail: Report | Mint

Abu Dhabi Investment Authority (ADIA) is mulling to buy additional stake in Mukesh Ambani's retail empire. According to a report by the Economic ..
JSW Infrastructure IPO: Issue fully booked on day 2; retail portion subscribed over 4 times

JSW Infra IPO retail investors' portion received bids for 11,21,84,478 shares against 2,47,78,761 shares on offer for this segment. JSW Infrastructure ...
Rahul Mishra, Indian Retail Giant Reliance Unveil Joint Venture Brand - WWD

Rahul Mishra is launching his new ready-to-wear brand, backed by Indian retail giant Reliance, at Paris Fashion Week.
JSW Infrastructure IPO subscribed 2.13 times, retail quota booked 4.52 times on Day 2

Investors subscribed to 29.02 crore equity shares against an offer size of 13.62 crore, resulting in a subscription rate of 2.13 times. Retail ...
Management
Wealth management in India will quadruple in the coming decade: Nuvama Group MD ...

The group currently manages Rs 2.5 lakh crore of client assets. Ashish Kehair, Managing Director and CEO of Nuvama Wealth Management, which listed on ...
Kunal Shah-Led CRED Launches Vehicle Management Platform CRED garage - Inc42

Fintech unicorn CRED has now introduced vehicle management for members with the launch of the
Gandhi Jayanti: Drawing wealth management lessons from the three wise monkeys

Modern wealth management places a premium on responsible investing, with a growing emphasis on environmental, social, and governance (ESG) factors ..
Nuvama Wealth Management makes stock market debut; lists at - Mint

... management, asset management and capital markets. Nuvama Wealth Management is now the third listed wealth management company on Dalal Street after ...
Asset Management Lawyers | Services & Industries - Ropes & Gray LLP

With leading practices in hedge funds, private investment funds and registered funds, our Asset Management Lawyers are uniquely positioned to ...
Asian Management
ADB's capital reforms to unlock USD 100 billion funds for Asia, Pacific in next 10 years

Asian Development Bank (ADB) on Friday approved capital management reforms that unlock USD 100 billion in funds over the next 10 years to support ...
ADB unlocks $100 bn funding capacity with capital management reforms

The Asian Development Bank (ADB) on Friday approved capital management reforms, which would unlock $100 billion in new funding capacity over the ...
Strategies for strengthening disaster finance in Indonesia | ORF

... Management Knowledge Centre, Asian Development Bank (ADB), the World ... management policy. Investing in climate-resilient infrastructure, for ...
Study: Asian international travelers plan more trips, higher spend | Hotel Management

According to MMGY Travel Intelligence's 2023 Portrait of Asian International Travelers research report, the average Asian international traveler ...
Fund Selector Series: 'We plan to add names around India and Japan' - AsianInvestor

... management of international wealth management at Nomura. As Singapore-based head of the fund selection team in Asia, Nicholson oversees Nomura's ...
Indian Management
Wealth management in India will quadruple in the coming decade: Nuvama Group MD ...

Wealth management in India will quadruple in the coming decade: Nuvama Group MD & CEO Ashish Kehair · In an interaction with Business Today, Kehair ...
How India management denied Shubman Gill a chance to replace Babar Azam as No.1 batter?

The Indian cricket team will be aiming to win the third IND vs AUS ODI match in Rajkot and boost their preparations for the upcoming ODI World Cup ...
India gov't to propose setting up a separate body for vast data management, draft bill shows

The Indian government plans to propose setting up the National Data Management Office, according to a draft Digital India Bill seen by TechCrunch.
Wealth Management Sector Likely To Grow 8x In 8-10 Years, Says Nuvama's Ashish Kehair

Nuvama aims to double its number of RMs in the next three to five years, expand its presence beyond 100 Indian cities and offshore, ...
Why Fund Managers, Partners Are Quitting VC Firms In India - Inc42

Partners and fund managers are stepping down from prominent venture capital firms in India, mimicking the exits of founders from Indian startups.

 

 

Source of Information for this issue: Google alert accessed on 3rd october, 2023
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Bishnu Priya Mishra
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.inwww.asbm.ac.in

 

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