Tuesday, May 7, 2024

ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(24) Date. 07.05.2024

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

 

GLOBAL BUSINESS NEWS
Warren Buffett says AI may be better for scammers than society. And he's seen how

International Business News: OMAHA: Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that ...
International business
 executive to keynote Morgan St.'s 147th Spring commencement

Ranked among the world's most influential businesspeople, Jonah is recognized throughout the continent of Africa and internationally for his business ...
How Western sanctions are strangling Vladimir Putin's Arctic gas ambitions - The Economic Times

Business NewsNewsInternationalBusinessHow Western sanctions are strangling Vladimir Putin's Arctic gas ambitions. Hot on Web. MORE; Arvinder Singh ...
IMF boosts Asia growth forecast this year on China, India

International Business News: The International Monetary Fund boosted its growth forecast for Asia this year, reflecting a rosier outlook for the ...
ETML wins the digital mandate for Manipal Hospitals' International business unit

This strategic partnership positions ETML to play a pivotal role in Manipal Hospitals' ambitious international expansion by providing high-end ...
Lamborghini Bros no more: Crypto is creating a new wealth effect - The Economic Times

... Business and one of the authors of the paper ... Business NewsNewsInternationalBusinessLamborghini Bros no more: Crypto is creating a new wealth effect ...

China firms go 'underground' on Russia payments as banks pull back - Times of India

International Business News: An appliance maker in southern China is finding it hard to ship its products to Russia, not because of any problems ...
Asia
 Satellite Business Week 2024 - Asia's Most Prestigious C-Level Satellite Event

Asia Satellite Business Week (ASBW) stands as the premier event for the space and connectivity sectors within Asia and on a global scale.
Asia Business
 Law Journal Names Jamie Thomas to its 2024 Singapore A-List

Asia Business Law Journal has named Jamie Thomas to its 2024 Singapore A-List, which identifies the top 100 lawyers in Singapore based on an ...
Asian Business
 Headlines at 2:02 a.m. GMT - Yahoo News Singapore

PARIS (Reuters) -French government efforts to slow an influx of Chinese-made electric vehicles are bearing fruit, industry data show, ...

INDIAN BUSINESS NEWS


Meet Indian, world's richest businessman ever, much richer than Mukesh Ambani, Ratan ...

Throughout history, Indians have played pivotal roles in various spheres, even before gaining independence in 1947. Indian business acumen has been ...
20 Multinational Companies in India to Know | Built In

Toast · Mondelēz International · Course Hero · Clari · IMC Trading · ZocDoc · SailPoint ...
India's Trade Negotiations with East Asia: S.Korea, Japan, ASEAN - India Briefing

India Briefing examines India's trade negotiations with its East Asian counterparts - South Korea, Japan, and the ASEAN bloc.
Indian
 market has 'unexplored' opportunities, says Warren Buffett - Business Standard

Billionaire investor Warren Buffett said that the Indian market has unexplored opportunities which his conglomerate holding company, ...
India
 premier destination for global clinical trials, says Harvard scholar - Business Standard

India has emerged as a premier destination for conducting global clinical trials, an Indian bureaucrat who is also a Harvard scholar has said, ...

Savills to triple its business in India in 3 to 5 years - The Economic Times

Savills targets tripling business in India over 3-5 years, focusing on acquisitions in facility management. Top markets are UK, US, China, ...
Indian
 CXOs Emphasise ESG, Trust, and AI for Future Business Growth: Deloitte Coalesce 2023

Leaders at Coalesce anticipate significant business growth in the next 3-5 years, with the ESG framework.
Red sea crisis: The challenges and impact on Indian small businesses - SME News

Attacks by the Houthis on ships led to US and allied responses, causing chaos in maritime trade. India's small and medium-sized businesses, ...
Max Life Pension Fund Management Hosts Retirement Roadmap 2025 in a Bid to Elevate ...

New Delhi, Delhi, India (NewsVoir). Max Life Pension Fund Management Limited (“Max Life PFM” / “Company”) has laid out its roadmap for FY 25, ...
Top 10 pharma companies in India by market cap - Forbes India

... Management Institute · WeSchool · SP Jain School ... In this blog, we have compiled a list of the top pharma companies in India as listed on the NSE ( ...

ODISHA BUSINESS NEWS 

OTV Exclusive With EAM Jaishankar: Odisha Needs Good Governance That Will Help ...

OTV Exclusive With EAM Jaishankar: 'People of #Odisha are very talented & skilled. State is rich in natural resources.
GE T&D India bags order from Power Grid Corporation - The Hindu BusinessLine

BengaluruGE T&D India Ltd. secures work order to build STAMC in Odisha for grid optimization and sustainability.
Aditya Birla's ex-HR head Santrupt Misra is the richest candidate from Odisha with Rs 461 crore

Lok Sabha Elections 2024: Santrupt Misra, the BJD candidate from Cuttack, is the wealthiest candidate in the ongoing Odisha Lok Sabha elections, ...
Booming Bhubaneswar is star of Odisha's growth story, even as BJD & BJP vie for credit

Bhubaneswar's metamorphosis from provincial town to 'smart city' has both BJP & BJD tussling to dominate the development narrative ahead of voting ...

PM Modi to address election rallies in Odisha on May 6 - The Hindu BusinessLine

PM Modi, BJP President Nadda, and EAM Jaishankar to campaign in Odisha for upcoming Lok Sabha and assembly elections.
GE Vernova to build state transmission asset management center in Odisha

GE T&D India Ltd, a listed entity of GE Vernova's electrification business in India, announced today that it has secured orders from Power Grid Corp.
Odisha
 CM Naveen Patnaik declares assets worth Rs 71 crore - The Economic Times

Odisha Chief Minister Naveen Patnaik has declared assets worth Rs 71.07 crore, up by over Rs 7 crore in the last five years, according to an ...
INDIA bloc fails to take off in Odisha - The Hindu BusinessLine

The failure of a formal alliance has resulted in a host of smaller parties contesting the elections on their own.
Odisha
 records 17.21% growth in gross GST collection in April - Zee Business

The state recorded gross GST collection of Rs 5902.25 crore last month, against Rs 5035.74 crore in April, 2023, he said. Odisha recorded a 32.94 ...
Fiscal prudent Odisha faces many challenges on socioeconomic front - Business Standard

Besides, the state's per capita income has always been less than the national average during the past ten years though the difference has been ...

SHARE MARKET NEWS


Saudi Arabia's Q1 GDP shrinks by estimated 1.8% YoY as oil sector weighs

Business NewsNewsInternationalBusinessSaudi Arabia's Q1 GDP shrinks by estimated 1.8% YoY as oil sector weighs. Hot on Web. MORE; Lok Sabha Elections ...

International Business Machines Corp. stock outperforms competitors despite losses on the day

Shares of International Business Machines Corp. slipped 0.73% to $166.20 Tuesday, on what proved to be an all-around rough trading session for the ...
SBI Life Insurance shares gain on 26% rise in Q4 premium income - BusinessToday

Shares of SBI Life Insurance rose over 3% in early deals on Monday after the firm announced its earnings for the quarter ended March 2024.
Bajaj Allianz General Insurance launches premium programme for high-value customers

India Business News: Mumbai:Bajaj Allianz General Insurance has launched a customer experience program, called Privé, which caters to customers ...
Health insurance rules changed for senior citizens: Be ready for a 10-15% hike in health ...

In a major reform, Insurance Regulatory and Development Authority of India (IRDAI) has removed the ceiling of 65 years for a person to buy a ...
Kotak Mahindra Bank's KVS Manian likely to join Federal Bank as MD CEO

The bank informed the stock exchange late Tuesday evening that Manian has stepped down from his position to pursue other opportunities in the ...
Not HDFC Bank or Axis Bank, Anand Rathi picks this banking stock to buy this week | Mint

We advise traders to accumulate the stock in the range of ₹90 – 92 with a stop loss of ₹81 (daily closing basis) for an upside target of ₹111, ...
Premji Invest in talks to pick up big stake in Bank of Baroda's Nainital Bank

Premji Invest in talks to acquire majority stake in Nainital Bank at around Rs 800 crore. Public sector lender Bank of Baroda, which owns around ...
Management
 announcement | Unilever - HUL

Vipul Mathur will join the HUL Management Committee as Executive Director, Personal Care, effective June 1st, 2024.

Q4 results today: Adani Power, Ambuja Cements, Adani Wilmar, among 18 companies to report Q4 earnings on May 1

Ambuja Cements, the Adani Group cement manufacturer, is expected to report 11.9% year-on-year (YoY) consolidated revenue growth at ₹8,913.8 crore for the quarter ended March 2024. The company's consolidated volumes are estimated to surge 15.2%, both on a ... 

GENERAL NEWS

Karnataka seeks Rs 18,000 crore assistance as Centre releases Rs 3,400 crore for drought ...

... India under the National Disaster Management Act,” he said. “We are grateful for the amount which has been given. There is no issue on that,” he ..
Rice procurement tops 47 million tonnes, down 6% from a year ago

Chhattisgarh's higher procurement than the State's production partly offsets shortfall in AP, Telangana, Odisha, UP and M.P..
LS elections: 17 millionaire candidates in race for four seats in Odisha - Business Standard

With total assets of Rs 41.89 crore, the BJP candidate for the Kalahandi LS seat, Malvika Devi is the richest candidate. She was followed by ...
Will Bank Employees Get A 5-Day Work Week? Key Approval Pending - News18

Will Indian banks be closed Saturdays? Negotiations for a 5-day workweek for bank employees are heating up! Get the latest on the timeline, ...
Your preference for digital is leaving banks with a bigger bill - The Economic Times

As more and more people in India take to paying digitally, banks are having to pick up a larger tab on account of rising costs of maintaining a ...
Chandigarh University becomes India's first university to offer Harvard University ...

Chandigarh University Chancellor, Satnam Singh Sandhu signed MoU with Kristen Maynard, Managing Director of Business Operations & Strategic Alliances, ...

From Apps to Art: Elevate Asian & Pacific voices with Google - The Keyword

VP Product Management, Research and Asian Google Network Exec Sponsor ... Features like the Asian & Pacific Islander Artists Series on Chrome, the Asian ...
Climate investment: big opportunities but rising costs - Asia Asset Management

Climate change poses threats to key facilities, including in energy, transportation, water, agriculture and coastal defences.
America's tech industry cannot survive without Indians: SVC Chamber of Commerce CEO

Offering College, Course ... Indian School of Business, ISB Professional Certificate in Product Management ... Asia or India. That is so huge," she said ...
Why Odisha GST department has imposed penalty on Infosys - Times of India

The penalty has been imposed on Infosys for availing ineligible input tax credit. Infosys announced the same in an exchange filing. The company said ...

 

Source of Information for this issue: Google alert accessed on 07th  May, 2024
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Sasmita Swain
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,
DrManashriNath, Librarian, Knowledge and Information Services Unit, Chanakya Central Library, ASBM UNIVERSITY Bhubaneswar. 
Library1@asbm.ac.inwww.asbm.ac.in

 

Tuesday, April 30, 2024

ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(23) Date. 30.04.2024

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

 

GLOBAL BUSINESS NEWS

US imposes sanctions on over a dozen companies, three from India for trade and ties with Iran

Popular in International. 1. Airbus lifts A350 rate, highlighting edge over ... Business NewsNewsInternationalBusinessUS imposes sanctions on over a ...
China wants everyone to trade in their old cars, fridges to help save its economy

... business investment along the way. It covers everything from heavy ... Business NewsNewsInternationalBusinessChina wants everyone to trade in ...
World's biggest energy trading firms are returning to metals - The Economic Times

Some of the world's biggest energy trading companies ... Business NewsNewsInternationalBusinessWorld's biggest energy trading firms are returning to ...
Murdoch partner helps Asia's richest man build a media empire - Times of India

Shankar rose to president of 21st Century Fox's Asia business in 2017, overseeing all of the company's operations in the region. By the time Fox ...

Asia world's most 'disaster hit' region with rising climate crisis: Report - Business Standard

WMO climate report reveals record high temperatures in Asian countries with flooding and heat waves are major issues in India.


ASBC Youth and U22 Asian Boxing Championships kicked off in Astana – IBA

The Opening ceremony of the ASBC Youth and U22 Asian Boxing Championships took place in Astana, Kazakhstan ... Technical and Management Committees. No ...
Julius Baer's Thailand JV Names New Chief Executive - WealthBriefing

... management expertise in Asia. Lombard Odier announced strategic partnerships with UnionBank in the Philippines in August 2016, Kasikornbank in ...
Nepal's tigers & prey need better grassland management: Interview with Shyam Thapa

Southeast Asian infrastructure. Study: Indonesia's new capital city threatens stable proboscis monkey population · Indonesia's new capital 'won't ...
Sri Lanka to hand management of China-built airport to India, Russia companies | Reuters

Sri Lanka will hand over management of its $209 million Chinese-built airport to two Indian and Russian companies, a cabinet statement said on ...

Mongolia: Improving the Management of Hazardous Chemicals - Asian Development Bank

The knowledge and support technical assistance (KSTA) was aimed at supporting Mongolia's Ministry of Environment and Tourism (MET) to improve the ...

INDIAN BUSINESS NEWS

Indian companies make the cut on BCG's top 25 global value creator list

The 5-year annualised TSR of the company was at 76% and the 25 year TSR stood at 74. Varun Beverages at rank 22 and Tube Investments of India at 25th ...
Indian Fashion retail: Booming at both ends, lagging in the middle - Business Standard

India's fashion retail sees polarized growth: High-end luxury and budget-friendly brands thrive as mid-range fashion struggles with stagnant sales ...
RIL to boost homegrown Wyzr brand in Indian consumer electronics market

Mukesh Ambani's company aims to open its own manufacturing plants, expanding Wyzr's product range to include TVs, washing machines, refrigerators.
Indian companies under US sanctions for 'illicit trade' and ties with Iran - Business Today

Zen Shipping, Port India Private Limited, and Sea Art Ship Management (OPC) Private Limited have been sanctioned for supporting 'Sahara Thunder', a ...
Indian businesses
 saw 235472 ransomware incidents from Jan-Dec 2023 | News

A total of 235,472 ransomware incidents hit businesses in India in 2023, according to a latest report by Kaspersky cybersecurity solutions.
India's
 difficult business environment is improving - The Economist

In 2019 the top 20 companies in India earned 79% of all profits. The reforms also reflect a broader change going on within Indian business. A ...
Indian Hotels earned ₹470 crore hotel management fee in FY24 - Mint

The hospitality company's revenue rose 16.5% and net profit 25.5%. Its new ventures like budget hotels and catering services showed significant ...
Text of Vice President's address at 14th AIMA Managing India Awards Ceremony - PIB

Gratifying to be amongst industry leaders and promising professionals of Bharat at this distinguished gathering today. The All India Management ...
'No one can stop India's rise': VP Jagdeep Dhankar presents AIMA Managing Awards to top ...

In a ceremony held in New Delhi, the Vice President of India, Jagdeep Dhankhar, presented the 14th All India Management Association (AIMA) Managing ...
'India's security can't be outsourced': Army chief stresses on self-reliance - Hindustan Times

... Chief of the Army Staff General Manoj Pande addresses a conclave organised by All India Management Association (AIMA) on Tuesday. (MANI).

ODISHA BUSINESS NEWS


Odisha
 example before Andhra | Expert Views - Business Standard

Will Andhra Pradesh follow the Odisha model, voting differently in Lok Sabha and Assembly elections? Or will Odisha follow Andhra Pradesh, ...
Infosys Faces Penalty From Odisha GST Dept; Here's Why - News18

IT services major Infosys said the Odisha GST authority has imposed a penalty of Rs 1.46 lakh on the company for availing ineligible input tax credit.
Odisha's
 Rudradev Mallik Founded This Company With Just Rs 20000; Guess Its Turnover

Success stories always make for an interesting read and the story of Rudradev Mallik from Bhadrak village of Odisha who left his studies midway to ...
Sany Heavy Industry India sales, service office opened in Rayagada, Odisha - ET Auto

The facility will provide access to sales, service, and spare parts to its customers in the southern and western Odisha regions, the company said.
Women entrepreneurs in Odisha demand separate policy - The New Indian Express

... business. “It is high time the governments ... Odisha Wonder Women's Convention - 2024 ... Odisha Assembly of Small and Medium Enterprises (OASME).
Dvara E-Registry, IRRI unveil FPOs in Odisha to empower women farmers using eco ...

ETPrime ET PRIME - TOP TRENDING STORIES · How Indian banks gave away an opportunity called UPI, and its control, to PhonePe, and Google Pay · Business ...
Zilingo ex-CEO Ankiti Bose files FIR against co-founder - Pragativadi

... Odisha News - Pragativadi | Odisha News, Breaking News Odisha, Latest Odisha News ... business under false pretence. “As the chief ... “PRAGATIVADI, IS ...
Adani, GMR and Fairfax in pre-bid process to develop Puri airport - The Hindu BusinessLine

Fairfax, Adani, and GMR vie for developing a greenfield airport near Puri, with bids to be submitted by June 04.
TP Western Odisha Distribution appoints Parveen Kumar Verma as CEO - The Week

... BUSINESS. TP Western Odisha Distribution appoints Parveen Kumar Verma as CEO ... Sambalpur, Apr 23 (PTI) TP Western Odisha Distribution Ltd on Tuesday ...
Orissa
 Hc Penalises Company Secretary Of ₹5l For Frivolous Plea - Times of India

Cuttack: The Orissa High Court on Wednesday imposed a fine of Rs 5 lakh on Bhagyadhar Behera, a 64-year-old Bhubaneswar-based company secretary ...

SHARE MARKET NEWS

Q4 Results 2024 LIVE Updates: Tata Consumer Products, ICICI Prudential Life Insurance ...

Q4 Earnings Today LIVE: Investors are today keen on the performance of players like Tata Consumer Products, ICICI Prudential Life Insurance ...
All in one insurance plan: IRDAI may price Bima Vistar at around ₹1500 per individual

IRDAI discusses affordable all-in-one insurance product Bima Vistaar with industry leaders, offering comprehensive coverage at ₹1500.
RBNZ Says Insurance May Become Unaffordable for High-Risk Homes | Mint

New Zealanders who own properties in areas prone to flooding or earthquakes may find they can't afford insurance or may not be offered cover for ...
Big relief for senior citizens! IRDAI removes age limit to purchase health insurance - Details inside

In a recent notification, the insurance sector regulator said that insurers shall ensure that they offer health insurance products to cater to all ...
Tesla fires entire 'growth content' marketing team, that was formed just a year ago: Report

Tesla has recently terminated its newly formed marketing team as part of widespread company layoffs, according to a report by Bloomberg. This signals ...

Reliance Retail Q4FY24 results: Net profit rises 11.7% YoY to ₹2698 crore, revenue up 9.8% YoY

Reliance Retail released its financial performance for Q4FY24 and the entire fiscal year of FY24 after the market closed today, showcasing another year of healthy revenue growth and profitability. In Q4 FY24, the company recorded a 9.8% year-on-year ...

Alphabet Q1 Results: Google parent beats estimates with $67.6 billion revenue, declares first dividend; shares soar

Google's parent company, Alphabet, generated sales, excluding partner payouts, of $67.6 billion for the three months that ended on March 31, beating analyst expectations of $66.1 billion, sending its shares up 13 per cent in after-hours trading.

Meta Q1 Results: Facebook parent more than doubles profit to $12.37 billion, revenue up 27% to $36.46 billion

Meta Q1 Results: Facebook and Instagram parent company Meta said Wednesday its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms. But its shares dropped sharply ...
US Regulators seize Republic First Bancorp; Fulton Bank to take control of operations amid ...

In a move to protect depositors, the Federal Deposit Insurance Corporation (FDIC) has appointed Fulton Bank, N.A. of Lancaster, Pennsylvania, ...
Small finance banks seeking universal banking license need at least Rs 1000-crore net worth: RBI

RBI said that listed and profitable small finance banks with gross non-performing assets ratio less than 3% for last two fiscals can apply for ...

GENERAL NEWS

Odisha declares summer vacation for schools as heatwave grips states | India News

Odisha heatwave: IMD predicts heatwave conditions in Odisha ... Odisha declares summer vacation for ...
Boom in dairy business as summer advances in Odisha - The New Indian Express

The heatwave since the beginning of April has made dairy products a go-to choice for consumers.

Give BJP a chance to serve you better: PM to Odisha voters; targets Naveen Patnaik, BJD

Naveen Patnaik-led BJD has a firm grip on Odisha and has won five state elections in a row. Both parties considered an alliance well into early ...
Heatwave sweeps Odisha, Bhubaneswar records 44.6 degrees Celsius

Heatwave grips Odisha, with temperatures soaring to alarming levels, leading to red warnings in multiple districts.
Bank holidays in April 2024: Are banks open on Saturday, April 27, 2024? - Times of India

India Business News: Do you do your banking on Saturdays? If so, remember that banks are open only on the first, third, and fifth Saturdays if the ...
PepsiCo, Target & P&G top LinkedIn's list of top retail companies to work for in India

LinkedIn recently unveiled the 2024 Top Retail Companies list for India, highlighting the 15 best retail companies in the country where professionals ...

How to best manage your career at any stage of life - YouTube

Whether you're about to graduate and enter the workforce, or you're decades in and have hit a plateau, human resources expert Johnny C. Taylor ...
Pakistan's benchmark share index breaches 71000, hits record high; surges 74% in a year

International Business News: Pakistan's benchmark share index traded at a record high of 71474 points, up 0.8%, after earlier breaching the key ...
14 Asian American–Founded Brands Designing Travel Gear We Love

As a first generation Taiwanese immigrant, Kathy Yen says she feels a “profound significance” being an Asian American business owner. “It's a ...
RIL becomes first Indian company to cross Rs 1 lakh crore pre-tax profit - Deccan Herald

“I am happy to share that this year, Reliance became the first Indian company to cross the Rs 100,000-crore threshold in pre-tax profits,” RIL ..

 

Source of Information for this issue: Google alert accessed on 30th April, 2024
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Sasmita Swain
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,
DrManashriNath, Librarian, Knowledge and Information Services Unit, Chanakya Central Library, ASBM UNIVERSITY Bhubaneswar. 
Library1@asbm.ac.inwww.asbm.ac.in