Expect a stronger equity cult in 2018: N Jayakumar, Prime Securities

In an interview with ET Now, N Jayakumar, Prime Securities , says as people feel more comfortable about putting in SIP kind of flows into the market, there will be a greater flow of funds to the equity markets. This is the greatest counter to any international event.

You can read more here: Expect a stronger equity cult in 2018: N Jayakumar, Prime Securities

There is a feel-good factor post GST: Ullas Kamath, Jyothy Laboratories

In an interview with ET Now, Ullas Kamath , Jt MD, Jyothy Laboratories , says the sales are doing well and after a long time, they are seeing the double digit growth.

You can read more here: There is a feel-good factor post GST: Ullas Kamath, Jyothy Laboratories

Amazon may back online insurance startup Acko

MUMBAI: Amazon is in final stages of closing an investment in online-only insurance startup Acko, people familiar with the matter said. The deal will see Amazon co-create financial products with Acko - besides being its distributor - in the first such move by the web retailer.

You can read more here: Amazon may back online insurance startup Acko

CLSA is bullish on these 2 big themes in 2018, here’s why

In an interview with ET Now, Mahesh Nandurkar , India Strategist, CLSA , says betting on real estate and its allied sectors and corporate-oriented banks in 2018.

You can read more here: CLSA is bullish on these 2 big themes in 2018, here’s why

3 sectors CLSA is going to be underweight on in 2018: Mahesh Nandurkar

In an interview with ET Now, Mahesh Nandurkar , India Strategist, CLSA , says Consumer staples, NBFCs as a broader theme and IT services are the 3 sectors CLSA is going to be underweight on in 2018.

You can read more here: 3 sectors CLSA is going to be underweight on in 2018: Mahesh Nandurkar

CryptoKitty is the top cat on the blockchain block

SAN FRANCISCO: Joe Buttram, a former mixed martial arts fighter and startup security guard turned cryptocurrency investor, was looking at a new toy called a CryptoKitty. "You can see he wants to sire," Buttram, 27, said.

You can read more here: CryptoKitty is the top cat on the blockchain block

Joint Venture agreement will seek to protect the interest of the proposed firm: PK Singh

If ArcelorMittal acquires a stressed plant, it will export the produce and the first right of sale will be given to the joint venture.

You can read more here: Joint Venture agreement will seek to protect the interest of the proposed firm: PK Singh

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Interior design startup, Livspace, losses rise five times

Home interior designing startup Livpace has seen losses soar by nearly five times in financial year 2016-17, even while revenues more than doubled. The company, registered as Home Interior Design Ecommerce Pvt Ltd, saw revenues increase to Rs 22.4 crore from Rs 9.

You can read more here: Interior design startup, Livspace, losses rise five times

Econsumer mediation centre gets off to a slow start

BENGALURU: The Online Consumer Mediation Centre (OCMC) set up by the consumer affairs ministry in December 2016 to allow ecommerce customers to resolve complaints digitally appears to have got off to a slow start, with just 84 complaints registered on the portal, of which only 14 have been resolved.

You can read more here: Econsumer mediation centre gets off to a slow start

After boom in digital pay, await consolidation in ’18

BENGALURU: If 2017 was a blockbuster year for the digital payments industry, reaping benefits of demonetisation, 2018 promises to be more eventful: in terms of consolidation in the space, newer disruptors coming in including few global biggies and further scaling up of the digital lending business.

You can read more here: After boom in digital pay, await consolidation in ’18

MRP, use-by info on all eProducts from today

BENGALURU: The practice of fake discounting often alleged against many ecommerce companies may stop after the rules to display MRP and expiry details of packaged products on their platforms comes into effect from January 1.

You can read more here: MRP, use-by info on all eProducts from today

Populist measures will be good for the stock market: Arjun Divecha, GMO

The ingredients for a fairly large economic pickup in India are in place, and should that happen, corporate earnings will follow, said Arjun Divecha , head of GMO's Emerging Markets Equity team.

You can read more here: Populist measures will be good for the stock market: Arjun Divecha, GMO

Oyo loss drops by a third, sales jump

Oravel Stays, which owns and operates the OYO brand of budget hotels, has reported stronger financial results for the financial year ended March 2017, during which the company saw its losses drop by a third, while its topline has increased four-fold over the same period.

You can read more here: Oyo loss drops by a third, sales jump

China’s Alibaba on road to deliver $100 million to XpressBees

BENGALURU: China's online commerce giant Alibaba Group Holdings is in advanced talks to pick up a significant minority stake in logistics company XpressBees by making an investment of up to $100 million, said three persons with knowledge of the matter.

You can read more here: China’s Alibaba on road to deliver $100 million to XpressBees

Looking to expand further in India: Tata Steel

Tata Steel is committed to further growing its business in India and is hoping to work more closely with the government, a top official said today.

You can read more here: Looking to expand further in India: Tata Steel

SAIL plans to bid for stressed assets of Essar, Bhushan Steel

The country's largest steelmaker is considering bidding for the stressed assets of Essar Steel and Bhushan Steel that are facing insolvency proceedings.

You can read more here: SAIL plans to bid for stressed assets of Essar, Bhushan Steel

Why fashion, grocery will drive e-commerce in 2018

The difference 12 months can make! This time last year, no one could have predicted that 2017 would turn out to be such a stellar year for India's ecommerce and startup industries.

You can read more here: Why fashion, grocery will drive e-commerce in 2018

How SoftBank reordered the Indian internet ecosystem

This year the global technology world took note of the world's largest pool of private capital — the gargantuan SoftBank Vision Fund.

You can read more here: How SoftBank reordered the Indian internet ecosystem

Startups need scalable interests in 2018, with investor interest waning

According to Venture Intelligence, a tracker of deal data, 74 venture capital investments, totalling $286 million, were made in India in the third quarter of 2017, sharply down from 104 investments worth $437 million in the corresponding period a year ago.

You can read more here: Startups need scalable interests in 2018, with investor interest waning

Steel PSUs to be on par with private counterparts in 2018

Upbeat about the domestic steel industry witnessing a revival in 2017 after a gloomy spell, the steel ministry hopes that PSUs operating in the sector to fare better in 2018 and be on par with private counterparts.

You can read more here: Steel PSUs to be on par with private counterparts in 2018

Global trade can no longer be the engine of growth: Subir Gokarn

In an interview with ET Now's Mythili Bhusnurmath, Subir Gokarn , ED, IMF , says in India's case, the transitory effects of the demonetisation and the implementation of GST should be wearing off and that takes us to a more sustainable trajectory.

You can read more here: Global trade can no longer be the engine of growth: Subir Gokarn

This startup's tech could be tipping point in our fight against plastic pollution

The ubiquitous nature of plastic means it is one of the most used materials in the world. From packaging materials, to making products, plastics are an indelible part of our life.

You can read more here: This startup's tech could be tipping point in our fight against plastic pollution

Other than the big 3, startups feel the pain

BENGALURU: The year 2017 was for cautious investments and mindful entrepreneurial activity. Although it saw a huge rise in overall funding — thanks to the big three of the startup world: Flipkart, Ola, and Paytm — the funding scenario for all the others remained bleak.

You can read more here: Other than the big 3, startups feel the pain

Earnings disappointment will lead to correction in market: Siddharth Bothra, Motilal Oswal Asset Management

Talking to ET Now, Siddharth Bothra , Fund Manager, Motilal Oswal Asset Management , says after almost two years of disappointment, this year earnings growth could come back and that would be the key thing the market would focus on and take cues from there.

You can read more here: Earnings disappointment will lead to correction in market: Siddharth Bothra, Motilal Oswal Asset Management

10 digital marketing trends to watch out for in 2018

Is your business still practicing old techniques of digital marketing? Are you wondering why Digital marketing is not getting you the desired results? If yes, then this article will surely give you some live examples of how you can use some of the latest developments in the industry.

You can read more here: 10 digital marketing trends to watch out for in 2018

2018 could be the comeback year for Indian IT: Nilesh Shah, Envision Capital

Talking to ET Now, Nilesh Shah, Envision Capital , says 2018 is going to be the year when earnings start ticking up, local liquidity continues to be sanguine and the only local factor from a downside point is the progress of monsoons in the middle of the year.

You can read more here: 2018 could be the comeback year for Indian IT: Nilesh Shah, Envision Capital

SoftBank’s Uber investment may run foul of CCI

NEW DELHI: A SoftBank-led consortium has agreed to invest about $9 billion, or close to Rs 57,500 crore, in Uber Inc in a transaction that could have ramifications in India, a critical market for both entities.

You can read more here: SoftBank’s Uber investment may run foul of CCI

Odisha may only receive half of Rs 17,500 crore compensation from miners before the Dec 31 deadline

BHUBANESWAR: Over the next two days, operators of iron ore and manganese mines in Odisha are expected to pay about Rs 8,000 crore, or over half of what the Supreme Court had ordered a bunch of them to deposit with the state government as compensation for environmental violations.

You can read more here: Odisha may only receive half of Rs 17,500 crore compensation from miners before the Dec 31 deadline

Maker Spotlight: April Wilkerson, Frank Howarth, and Matt Cremona

In recent years, the Internet has removed much of the expense and heavy lifting of producing woodworking how-to content for a large audience. Online publishing has made it much easier for anyone to share their building tips and projects.

You can read more here: Maker Spotlight: April Wilkerson, Frank Howarth, and Matt Cremona

Government extends deadline for file final GST returns till January 10

The government has extended the last date for filing of GSTR-1 till January 10, 2018 for businesses with turnover up to Rs. 1.5 crore under GST. Businesses with turnover of up to Rs 1.

You can read more here: Government extends deadline for file final GST returns till January 10

All the macro trends in the bond market are bearish: Upasna Bhardwaj, Kotak Mahindra Bank

Talking to ET Now, Upasna Bhardwaj, Kotak Mahindra Bank , says a fiscal slippage is likely not just this year but also next year and this would further weigh on the markets. Talking about things to watch out for 2018, bank recap is something one has to keep in mind.

You can read more here: All the macro trends in the bond market are bearish: Upasna Bhardwaj, Kotak Mahindra Bank

Ryobi Impact Driver Review

Ryobi is the leader in the homeowner cordless power tool market.  While there are other homeowner brands available, no one has a larger battery line than Ryobi.  The Ryobi 18V ONE+ means you can use today’s battery technology and older Ryobi tools.

You can read more here: Ryobi Impact Driver Review

IIFL Wealth’s Umang Papneja on how HNIs are investing in 2018

Talking to ET Now, Umang Papneja, Managing Partner & CIO, IIFL Wealth & Asset Management, says HNI money is coming into mutual funds and also going into categories like PMS as HNI investors are opting for boutique managers.

You can read more here: IIFL Wealth’s Umang Papneja on how HNIs are investing in 2018

2018 will be the year of fund raising and market will climb the wall of supplies: Raamdeo Agrawal

We have just seen the fund raising trailer in the second half of 2017 and in 2018 at least in the first half till the market completely cools down, it will continue and the maket will rise, says Raamdeo Agrawal , MD & CO-Founder, MOFSL in an interview with ET Now.

You can read more here: 2018 will be the year of fund raising and market will climb the wall of supplies: Raamdeo Agrawal

'E-commerce market places should have no-fake policy'

BENGALURU: Top IT industry veteran T V Mohandas Pai on Friday said e-commerce market places should have a no-fake policy to address sale of counterfeit and spurious products on their platforms.

You can read more here: 'E-commerce market places should have no-fake policy'

2018 could be year of the underdogs and 2 sectors may shine: Gautam Sinha Roy, Motilal Oswal AMC

In an interview with ET Now, Gautam Sinha Roy, Motilal Oswal AMC , says we will go into 2018 with a lot of optimism but as the year builds, we have to face a lot of dark clouds. But real estate and metal sectors could see revival and growth.

You can read more here: 2018 could be year of the underdogs and 2 sectors may shine: Gautam Sinha Roy, Motilal Oswal AMC

ITC Agri Business forays tying up with overall FMCG thrust: Surampudi Sivakumar

In an interview with ET Now, Surampudi Sivakuma r, Group Head-Agri Business, ITC Limited , says a number of food processing activities with new brands and categories is their way of contributing to doubling of farmer income.

You can read more here: ITC Agri Business forays tying up with overall FMCG thrust: Surampudi Sivakumar

Aarti Industries signs Rs 10,000 crore multi-year supply deal

NEW DELHI: Speciality chemical firm Aarti Industries' today said it has signed Rs 10,000 crore multi- year exclusive supply contract with a global chemical conglomerate. Shares of the company were trading higher by 4.65 per cent at Rs 1,118.35 on BSE.

You can read more here: Aarti Industries signs Rs 10,000 crore multi-year supply deal

Telecom sector will not have it easy in 2018: Sanjay Kapoor, market expert

Talking to ET Now, Sanjay Kapoor , Market Expert, says if their costs do not come down faster, the telecom companies will be under pressure on their bottom line.

You can read more here: Telecom sector will not have it easy in 2018: Sanjay Kapoor, market expert

Why Google's first direct investment in India was daily task-management app Dunzo

The holiday season is here and e-commerce companies are not alone in inspiring a spirit of generosity. With endless gift-shopping lists to manage and with only so many hours in a day, many would have liked to offload the heavy lifting to a third party. Luckily, people can 'Dunzo it' today.

You can read more here: Why Google's first direct investment in India was daily task-management app Dunzo

Here's how 2017 has been a roller coaster ride for Indian startups

It has been a tumultuous year for the Indian startup ecosystem. From major management shakeups at some of the country's top startups, to a buyout that was set to happen, until it didn't.

You can read more here: Here's how 2017 has been a roller coaster ride for Indian startups

Mahantesh Sabarad on sectors that will drive the market in 2018

Talking to ET Now, Mahantesh Sabarad , Head-Retail Research, SBI Cap Securities , says in the large-cap space, the PSU recap and infra story will drive the market while in the small and mid-cap space, it will be the consumption and rural economy theme that will lead.

You can read more here: Mahantesh Sabarad on sectors that will drive the market in 2018

Masayoshi Son: From chicken feed to Japan's richest tycoon

TOKYO: Once asked on Twitter about his receding hairline, Masayoshi Son, founder of Japanese telecoms giant SoftBank, retorted: "My hair is not receding. I'm advancing."

You can read more here: Masayoshi Son: From chicken feed to Japan's richest tycoon

SoftBank seals deal for large Uber stake, trimming valuation

WASHINGTON: Uber and SoftBank announced a deal Thursday allowing the Japanese tech titan to take a large stake in the US ridesharing giant, making a hefty cut in the valuation of the biggest venture-backed startup.

You can read more here: SoftBank seals deal for large Uber stake, trimming valuation

A new year of mergers awaits eTravel startups

NEW DELHI: Consolidation is expected to be the dominant theme in the Indian online travel sector over the next 12 months, with the major players anticipated to gobble up their smaller rivals in their bids to grab market share, as well as to offer more niche services.

You can read more here: A new year of mergers awaits eTravel startups

eWallets hold breath as RBI looks into KYC deadline

BENGALURU: The Reserve Bank of India is 'looking into' several requests that it has received from mobile wallet companies for an extension of the deadline for the implementation of know your customer (KYC) norms for their users beyond December 31.

You can read more here: eWallets hold breath as RBI looks into KYC deadline

2017 separated the men from the boys. 2018 will be Startup Inc's time to reboot

Job losses, shutdowns, distress acquisitions and more: 2017 has been witness to several downturns in India's entrepreneurial ecosystem which initiated separation of the wheat from the chaff, making the task of starting up a rather onerous one.

You can read more here: 2017 separated the men from the boys. 2018 will be Startup Inc's time to reboot

L&T wins Rs 1,000 crore contract to maintain 5 million smart meters

NEW DELHI: Larsen & Toubro (L&T), India's biggest infrastructure and project execution company, has won a Rs 1,000-crore contract to maintain 5 million smart meters in Uttar Pradesh and Bihar over the next eight years, sources said.

You can read more here: L&T wins Rs 1,000 crore contract to maintain 5 million smart meters

KKR to invest Rs 193 cr in Kolte-Patil's township project in Pune

MUMBAI: Realty player Kolte-Patil Developers today said private equity firm KKR will invest Rs 193 crore in its township project in Pune.

You can read more here: KKR to invest Rs 193 cr in Kolte-Patil's township project in Pune

NCLT extends time period for Corporate Insolvency Resolution Process for Electrosteel Steels Limited

The National Company Law Tribunal (NCLT) has extended time period for Corporate Insolvency Resolution Process for Electrosteel Steels Limited (ESL)by a period of 90 days with effect from January 17, 2018.

You can read more here: NCLT extends time period for Corporate Insolvency Resolution Process for Electrosteel Steels Limited

Danner Boot Review

Is there really a difference from one manufacturer of boots to another manufacturer of boots?  The answer is simple, yes there is a difference.  If you don’t believe me, just ask your feet.

You can read more here: Danner Boot Review

FIIs will continue to hold the bonds, domestic investors are selling: Vivek Rajpal, Nomura India

In an interview with ET Now, Vivek Rajpal, Nomura India, says while the market expected additional borrowing by the government, it is the amount Rs 50,000 crore, that has come as a negative surprise. Edited excerpts:

You can read more here: FIIs will continue to hold the bonds, domestic investors are selling: Vivek Rajpal, Nomura India

Returns in 2018 could be far lower than 2017: Rajeev Thakkar, PPFAS MF

Talking to ET Now, Rajeev Thakkar, PPFAS MF, says do not get into the market because of fear of missing out as past returns are not indicative of what comes ahead. Edited excerpts:

You can read more here: Returns in 2018 could be far lower than 2017: Rajeev Thakkar, PPFAS MF

Global firms prefer Indian techies despite US visa issues: Nasscom

Despite rising visa barriers, global firms prefer to hire Indian techies in the US due to shortage of skills in North America, said IT industry apex body Nasscom President R. Chandrashekhar on Wednesday.

Law to spend mine revenue improved people's condition: Narendra Singh Tomar

NEW DELHI: A new law, which has made it mandatory for spending of a part of revenue made from auctioning mines in developing the areas they are located in, has resulted in improved living conditions of people in these regions, government claimed today.

You can read more here: Law to spend mine revenue improved people's condition: Narendra Singh Tomar

Israeli Investment in India

Israeli investors are taking notice of Digital India as companies work to localize their products for new markets.

The post Israeli Investment in India appeared first on India Briefing News.

QIP in January end to raise capital adequacy ratio by 80 to 85 bps: Rakesh Sharma, Canara Bank

In an interview with ET Now, Rakesh Sharma, Canara Bank, says from 31st March, net interest margin has increased from 2.25% to 2.34% in 30th September and the bank does not see any reduction in margins.

You can read more here: QIP in January end to raise capital adequacy ratio by 80 to 85 bps: Rakesh Sharma, Canara Bank

2017 just set the ball rolling for MF industry for next five years: A Balasubramanian, Birla Sun Life AMC

Talking to ET Now, A Balasubramanian, CEO, Birla Sun Life AMC, says with govt borrowings going up by Rs 50,000 crore, the portfolio of a bond trader gets impacted but it does not affect the entire investing public. Therefore, one should not get worried about it. Edited excerpts:

You can read more here: 2017 just set the ball rolling for MF industry for next five years: A Balasubramanian, Birla Sun Life AMC

Fresh borrowing will come at a little higher cost than prevailing rate: Ramesh Iyer, M&M Financial

In an interview with ET Now, Ramesh Iyer , M&M Financial, says if yields rise following additional borrowing by the government, cost of borrowing is likely to go up but still will be beneficial to NBFCs who already had logged in long-term money as that will get corrected.

You can read more here: Fresh borrowing will come at a little higher cost than prevailing rate: Ramesh Iyer, M&M Financial

P2P lending in India: Is it truly delivering a disruptive new asset-class?

At the outset, it is important to understand what constitutes disruption. For many it is doing something radically different and out of the box that has upended a sector or segment. This may be correct, but to a certain extent.

You can read more here: P2P lending in India: Is it truly delivering a disruptive new asset-class?

L&T's construction arm wins Rs 1,600-crore job order

NEW DELHI: Larsen & Toubro's (L&T) construction arm has bagged an order of Rs 1,600 crore in the international market, the infrastructure major said today.

You can read more here: L&T's construction arm wins Rs 1,600-crore job order

Some things about tech were good in 2017. No, really

There was the decline of Uber, which blew itself up with missteps that included reports of rampant sexual harassment and executive misbehavior.

You can read more here: Some things about tech were good in 2017. No, really

Market sentiment may improve on introduction on new 10-year bond series: Dhawal Dalal, Edelweiss AMC

Talking to ET Now, Dhawal Dalal, Edelweiss AMC , says fiscal deficit number will have salutary or sentimental impact on the bond market but as long as the liquidity and inflation trajectories hold, in 2018 we should not be unduly worried from the bond yield perspective. Edited excerpts:

You can read more here: Market sentiment may improve on introduction on new 10-year bond series: Dhawal Dalal, Edelweiss AMC

Founders of startups enrol into B-schools, seek mentors, marketing skills to boost biz

CHENNAI: Abhinav Talgeri(25) and a group of school friends set up Monks On Wheels in December 2015 as a travel agency that curates offbeat trails. After running it successfully for 1.5 years, Talgeri is back at school as a student at Great Lakes Institute of Management, Chennai.

You can read more here: Founders of startups enrol into B-schools, seek mentors, marketing skills to boost biz

NCLT is a resolution and not a recovery mechanism: Bahram N Vakil

The newly-formed committee to review amendments to the Insolvency and Bankruptcy Code may have to look to fix contentious tax issues including stamp duty, said Bahram N Vakil , founding partner of law firm AZB & Partners.

You can read more here: NCLT is a resolution and not a recovery mechanism: Bahram N Vakil

Tax payers can see status of returns filed on GSTN portal

NEW DELHI: Tax payers can now view the status of the returns filed by them on the GST Network portal, the company handling the technology backbone of the new indirect tax system said today.

You can read more here: Tax payers can see status of returns filed on GSTN portal

Sivakasi fireworks units strike enters second day

SIVAKASI: An indefinite strike by fireworks factories in and around this town, seeking amendment to the Environment Protection Act to exempt their produce from its purview, entered the second day today.

You can read more here: Sivakasi fireworks units strike enters second day

Backed by GE Healthcare, this startup's handheld device is a revolutionary cancer detection tech

For every two women newly diagnosed with breast cancer in India, one will die of it. Comparatively, in the US for every 5 or 6 women newly diagnosed with breast cancer, only one will die of it. Breast cancer is on a rise across the world, but India is experiencing an unprecedented rise in numbers.

You can read more here: Backed by GE Healthcare, this startup's handheld device is a revolutionary cancer detection tech

RBL Bank to go stronger on fintech partnerships

BENGALURU: While banks are fighting a bitter turf war with fintech startups to retain their share of business, private sector lender RBL Bank has seen value in strategic partnerships.

You can read more here: RBL Bank to go stronger on fintech partnerships

NCLT is a resolution and not a recovery mechanism: Bahram N Vakil

The newly-formed committee to review amendments to the Insolvency and Bankruptcy Code may have to look to fix contentious tax issues including stamp duty, said Bahram N Vakil , founding partner of law firm AZB & Partners.

You can read more here: NCLT is a resolution and not a recovery mechanism: Bahram N Vakil

Here's how UberEats is outgrowing the taxi business in some cities

LONDON: Uber's fast-growing food delivery business is now bigger and more important than Uber's conventional taxi business in a number of cities across the world.

You can read more here: Here's how UberEats is outgrowing the taxi business in some cities

Profits next year, says Byju’s

BENGALURU: Edtech company Byju's is on its way to a full-year profitability in FY18, according to CEO Byju Raveendran. The firm is also working on launching its international products by the end of next year.

You can read more here: Profits next year, says Byju’s

Aion-JSW Steel files Rs 3,500 crore resolution plan for Monnet Ispat

MUMBAI: The Aion Capital-JSW Steel consortium, which last week emerged as the frontrunner to acquire bankrupt Monnet Ispat and Energy, submitted a Rs 3,500-crore resolution plan that involves paying Rs 2,500 crore to lenders and an equity investment of Rs 1,000 crore, backed by a letter of comfort f

You can read more here: Aion-JSW Steel files Rs 3,500 crore resolution plan for Monnet Ispat

​Global head of Qualcomm Ventures eyes bigger footprint in IoT, AR,mobility-led healthcare​

Qualcomm Ventures, one of the first global corporate venture arms to come up in the country, is looking to bet a lot more on emerging technologies like Internet of Things (IoT), drones and robotics.

You can read more here: ​Global head of Qualcomm Ventures eyes bigger footprint in IoT, AR,mobility-led healthcare​

Startups take a fair shot at workplace diversity

BENGALURU: Indian startups hired more women this year as they aimed to lessen the yawning gender disparity in a sector widely regarded as one of the most attractive for job aspirants in India.

You can read more here: Startups take a fair shot at workplace diversity

Classic Coatrack Leg Pattern

We’ve put together a full-size gridded pattern for the legs of our classic coatrack from the January/February 2018 issue of Woodworker’s Journal.

You can read more here: Classic Coatrack Leg Pattern

Govt forms panel to find ways to increase output of captive coal blocks

NEW DELHI: Cabinet secretary PK Sinha along with secretaries of power, coal, steel and top officials of several other ministries will look in to the reasons for low coal output from captive coal blocks and mull various options to raise their production.

You can read more here: Govt forms panel to find ways to increase output of captive coal blocks

PROJECT: Tripod Floor Lamp

Our author wanted a trendy lamp — without spending the big bucks to buy one. So, she made it herself.

You can read more here: PROJECT: Tripod Floor Lamp

VIDEO: Tripod Lamp Construction

Want a piece of trendy furniture, but don’t want to spend trendy furniture prices? Kristena Smith and Rob Johnstone show you the hardware, tools and techniques you need to make a tripod floor lamp in no time.

You can read more here: VIDEO: Tripod Lamp Construction

Vedanta to buy majority stake in Japan's AvanStrate Inc

NEW DELHI: Mining billionaire Anil Agarwal- led Vedanta Ltd today announced acquisition of a controlling stake in Japanese glass substrate manufacturer AvanStrate Inc from global private equity firm Carlyle Group.

You can read more here: Vedanta to buy majority stake in Japan's AvanStrate Inc

Kolte-Patil Developers to raise Rs 193 Cr from KKR for Pune township project

MUMBAI: Kolte-Patil Developers' joint venture company Kolte-Patil I-Ven Townships (Pune) (KPIT) has entered into an agreement to raise Rs 193 crore from global investment firm KKR. The said company is a joint venture between Kolte-Patil and ICICI Venture Funds Management Company.

You can read more here: Kolte-Patil Developers to raise Rs 193 Cr from KKR for Pune township project

India-Russia Trade Up 19 percent, Tariff Elimination on the Way

By Dezan Shira & Associates Following meetings with Indian trade officials in the capital Delhi, Russian Deputy Economic Development Minister Alexy Gruzdev stated that the two countries have approved the creation of a mechanism that will eliminate existing limits and barriers in bilateral trade. Gruzdev was summing up the conclusions of the meeting of the co-chairs of the Indo-Russian intergovernmental commission on trade, economic,[.....]

The post India-Russia Trade Up 19 percent, Tariff Elimination on the Way appeared first on India Briefing News.

5 sectors that may see earnings recovery in 2018: Harish Krishnan, Kotak MF

Talking with ET Now, Harish Krishnan , Senior VP & Fund Manager-Equity, Kotak MF , says he is bullish about earnings recovery in corporate banks, gas utilities, media, infra pack including cement and capital goods and food companies.

You can read more here: 5 sectors that may see earnings recovery in 2018: Harish Krishnan, Kotak MF

Next year, we should be better tuned for being on the fiscal path: Madan Sabnavis, CARE Ratings

Talking to ET Now, Madan Sabnavis , Chief Economist, CARE Ratings , says 2019 will give a political compulsion to be a bit more liberal but even from the economic standpoint, we should not be so finicky about the glide path number of 3.2% Edited excerpts: We have to deal with lower GST collection.

You can read more here: Next year, we should be better tuned for being on the fiscal path: Madan Sabnavis, CARE Ratings

We continue to be bullish on HFCs: Vinit Bolinjkar, Ventura Securities

Talking to ET Now, Vinit Bolinjkar, Head Research, Ventura Securities , says the government support in housing is very encouraging and if the Modi government has to pull along in FY19, expect a lot of thrust in this area and all these deals that are going around will help to keep the perspective bul

You can read more here: We continue to be bullish on HFCs: Vinit Bolinjkar, Ventura Securities

Ryobi Stick Vac Review

Last week we reviewed the Ryobi Wet Dry Vac and gave it high praise.  Now we have a new Ryobi vacuum to talk about, the Ryobi Stick Vac.  As you probably know, I am a huge fan of Ryobi.  I love the large 18V ONE+ cordless platform.

You can read more here: Ryobi Stick Vac Review

LendingKart gets cash credit facility from SBI

BENGALURU: Digital lending platform Lendingkart Finance has raised Rs 25 crore in cash credit facility from the country's largest lender State Bank of India, which will be primarily be used by the startup to expand its reach to 950 locations across the country and offer financing to small and medium

You can read more here: LendingKart gets cash credit facility from SBI

Positive on Reliance, expect healthy return going forward: Jal Irani, Edelweiss Securities

Talking to ET Now, Jal Irani, Edelweiss Securities , points out that Reliance valuations remain reasonable, not particularly demanding at 1.5 times price to book value and PR of about 15 times.

You can read more here: Positive on Reliance, expect healthy return going forward: Jal Irani, Edelweiss Securities

Uber selling failed auto-leasing business to startup

SAN FRANCISCO: Ride-hailing app Uber is selling its failed auto-leasing business to a startup car marketplace Fair.com that offers open-ended leases for used cars, reports say. "Uber Technologies Inc. has agreed to sell its US subprime auto-leasing business to startup car marketplace Fair.

You can read more here: Uber selling failed auto-leasing business to startup

Auctioned, allotted coal blocks fetch states Rs 4,109.3 crore

NEW DELHI: A total revenue of Rs 4,109.3 crore has accrued to states, including Chhattisgarh and Madhya Pradesh, from auctioned and allotted coal blocks till November.

You can read more here: Auctioned, allotted coal blocks fetch states Rs 4,109.3 crore

In 2018, we are hoping for crude prices between $60-70: NK Verma, ONGC Videsh

In an interview with ET Now, NK Verma , MD, ONGC Videsh , says value creation through exploration and organic route is very important on a long-term basis. We understand that M&A will be key strategy for ONGC Videsh to reach its production targets by 2020.

You can read more here: In 2018, we are hoping for crude prices between $60-70: NK Verma, ONGC Videsh

2018 could be a wake up call for investors: Jyotivardhan Jaipuria, Veda Investment

In an interview with ET Now, Jyotivardhan Jaipuria, Veda Investment . says rural recovery and infra are two themes which they have been playing for the last few months and will continue to bet on them in 2018.

You can read more here: 2018 could be a wake up call for investors: Jyotivardhan Jaipuria, Veda Investment

Men race to match women in online fashion shopping

This is one area where the gender gap may be closing. Women are considered avid online shoppers but men are now giving them stiff competition in the apparel categories and taking the lead in foot-wear and accessories.

You can read more here: Men race to match women in online fashion shopping

Inito launches portable ovulation test kits

AHMEDABAD: Inito, a medical technology startup building the next generation of portable diagnostic devices that are easy to use, has launched a fertility monitor that will enable women to track their ovulation days at home in an easy and convenient way.

You can read more here: Inito launches portable ovulation test kits

ICICIdirect’s Pankaj Pandey is positive on this ADAG group stock

Talking to ET Now, Pankaj Pandey, Head Research, ICICIdirect.com, says Reliance Capital clearly stands out and should offer good upside going forward especially as its R-Comm troubles are over. Talking about the ADAG Group.

You can read more here: ICICIdirect’s Pankaj Pandey is positive on this ADAG group stock

Why this Tata stock is a buy on dips: Mayuresh Joshi, Angel Broking

Talking with ET Now, Mayuresh Joshi, Fund Manager, Angel Broking , says while most Tata companies are doing well, Tata Motors can be accumulated on decline. The collections from GST have seen a significant drop for the second consecutive month.

You can read more here: Why this Tata stock is a buy on dips: Mayuresh Joshi, Angel Broking

Driving the future: This startup is already powering India's electric vehicle dream

Elon Musk may still be contemplating about entering the Indian market and car makers like Maruti Suzuki, Honda, Ford, and others talk about having their first electric car in India by around 2020, but a Hyderabad-based startup has raced ahead.

You can read more here: Driving the future: This startup is already powering India's electric vehicle dream

Mindtree comes up with 50 new tech solutions to make our lives easier

BENGALURU: Mid-tier software services firm Mindtree has come up with over 50 new solutions such as those in augmented reality, virtual reality, internet of things, blockchain and cybersecurity through its annual Osmosis event that ended last week.

You can read more here: Mindtree comes up with 50 new tech solutions to make our lives easier

India inks $318 million World Bank loan for Tamil Nadu irrigation scheme

NEW DELHI: The governments of India and Tamil Nadu on Tuesday signed an agreement with the World Bank for the multilateral lender to provide a $318 million loan for modernisation of irrigation projects in Tamil Nadu, improve market opportunities for small and marginal farmers and their adoption of c

You can read more here: India inks $318 million World Bank loan for Tamil Nadu irrigation scheme

GST collections dip for second month in Nov to Rs 80,808 crore

India's goods and services tax (GST) collections fell to the lowest since the tax regime was put in place in what could further queer the pitch for the Centre to keep up with the budgeted fiscal math for FY18.

You can read more here: GST collections dip for second month in Nov to Rs 80,808 crore

IBSFintech wants $4 million in Series A, eyes South-East Asia, Middle East

BENGALURU: Bengaluru-based fintech startup IBSFintech, which grabbed headlines for having installed the complete treasury management solution for Maruti Suzuki, is now trying to expand its footprint to South-East Asia and the Middle East.

You can read more here: IBSFintech wants $4 million in Series A, eyes South-East Asia, Middle East

2018 will be mother of all refinancing activity: V Srinivasan, Axis Bank

For the past three years, things have been so bad that every expectation of better days for banks have gone wrong. How would 2018 be? V Srinivasan , deputy managing director at Axis Bank said nothing spectacular could happen.

You can read more here: 2018 will be mother of all refinancing activity: V Srinivasan, Axis Bank

BigBasket crosses Rs 1,000-crore sales mark in FY17

MUMBAI: Innovative Retail, which runs BigBasket, has more than doubled its business to cross the Rs 1,000-crore sales mark in FY17, indicating the growing preference for online grocery-shopping in India despite sluggish trends in the broader consumer market.

You can read more here: BigBasket crosses Rs 1,000-crore sales mark in FY17

Startup angels seek tax relief, recognition to revive funding

'Angel tax', or tax on capital raised by unlisted companies by issuing shares in excess of their 'fair market value', remains a contentious issue for startups more than 18 months after the government exempted 'innovative' startups from this tax.

You can read more here: Startup angels seek tax relief, recognition to revive funding

Workmen productivity at Coal India doubles in a decade

KOLKATA: Productivity of workmen at Coal India has doubled in the past ten years, afeat that has mostly gone unnoticed. The company now produces 50% more coal with two-thirds of the manpower 10 years ago, thanks to higher utilisation of machines.

You can read more here: Workmen productivity at Coal India doubles in a decade

ITPO to raise Rs 1,500 crore to fund hotel project

NEW DELHI: The commerce ministry's trade promotion body India Trade Promotion Organisation (ITPO) plans to raise around Rs 1,500 crore through loans and by monetising some portion of land at Pragati Maidan in Delhi to part fund the Integrated Exhibition-cum-Convention Centre planned there.

You can read more here: ITPO to raise Rs 1,500 crore to fund hotel project

Moving Pictures!

Back in the golden days of publishing, to be a woodworking editor, all you needed was a keyboard, a thesaurus and spell check. Now, we need to be able to talk and look at a video camera as well — to be a movie star.

You can read more here: Moving Pictures!

JSPL successfully completes Basic Oxygen Furnace in Odisha plant

Jindal Steel & Power Ltd (JSPL) has successfully completed a 250 Ton Basic Oxygen Furnace (BOF) marking the completion of its 6 million tonne per annum (mtpa) integrated steel project at Angul, Odisha.

You can read more here: JSPL successfully completes Basic Oxygen Furnace in Odisha plant

Edelweiss Securities’ Sahil Kapoor is betting on this theme going forward

Talking to ET Now, Edelweiss Securities' Sahil Kapoor says the housing theme will be the biggest play in the next five to seven years. Edited excerpts: Why are you optimistic even for 2018? There has already been a 27% rally in 2017. Two-three things.

You can read more here: Edelweiss Securities’ Sahil Kapoor is betting on this theme going forward

SAIL supplied 55,000 metric tonnes of steel for the Delhi Metro’s Magenta Line

The 12.64 km-long section of the Magenta line inaugurated on Monday is part of the entire 36.98 km stretch that will connect Janakpuri west to Botanical Garden. KOLKATA: Steel Authority of India Ltd.

You can read more here: SAIL supplied 55,000 metric tonnes of steel for the Delhi Metro’s Magenta Line

Very bullish on 3 sectors right now: Amit Jeswani, Stallion Asset

In an interview with ET Now, Amit Jeswani , CIO, Stallion Asset , says very bullish on are infrastructure, financials, and steel cycle which they have started playing right now.

You can read more here: Very bullish on 3 sectors right now: Amit Jeswani, Stallion Asset

Bosch Router Review

What do you think of when it comes to Bosch?  I know I think of concrete tools, measuring tools and cordless tools.  In the past, I never thought about Bosch as a power tool manufacturer that designs and manufacturers routers.

You can read more here: Bosch Router Review

2018 is the year of big getting bigger: Pashupati Advani

In a chat with ET Now, Pashupati Advani, pashupatiadvani@globalforay , says this is going to be the year of the big rather than the small simply because the small are going to have difficulties sort of stepping up.

You can read more here: 2018 is the year of big getting bigger: Pashupati Advani

Global non-ferrous metal prices likely to remain buoyant

ICRA has said that global non-ferrous metal prices are likely to remain buoyant in next three months due to widening deficits in the market.

You can read more here: Global non-ferrous metal prices likely to remain buoyant

Power ministry seeks faster coal supply to Shakti winners

NEW DELHI: The power ministry has asked the coal ministry to issue directions to Coal India Ltd to start coal supply to the winners of coal contracts auctions without waiting for approval from the power regulator Central Electricity Regulatory Commission (CERC).

You can read more here: Power ministry seeks faster coal supply to Shakti winners

3 IT stocks Ravi Menon of Elara Capital is bullish on

In a chat with ET Now, Ravi Menon , Lead Analyst, Elara Capital , says bullish on HCL Technologies, Wipro and TCS. Edited excerpts: There was a lot of positivity around Indian IT ever since Accenture upped its lower end of the guidance and TCS had that mega $2.25-billion order win.

You can read more here: 3 IT stocks Ravi Menon of Elara Capital is bullish on

In IT, immediate future looks better than immediate past: R Chandrashekhar, Nasscom

In an interview with ET Now, R Chandrashekhar, Nasscom , says the overall impact of the disruption would be positive but would vary from company to company and would certainly have some impact in terms of discouraging offshoring to India wherever it is possible.

You can read more here: In IT, immediate future looks better than immediate past: R Chandrashekhar, Nasscom

Larsen & Toubro bags orders worth Rs 3,355 crore

NEW DELHI: Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 3,355 crore. The orders include design and construction of India International Convention & Expo Centre (IICC) in the national capital.

You can read more here: Larsen & Toubro bags orders worth Rs 3,355 crore

Railways, oil & gas pipeline to drive Kalpataru Power order book growth for next few quarters: Manish Mohnot

In an interview with ET Now, Manish Mohnot , Managing Director & CEO, Kalpataru Power , says growth in transmission and domestic would be stable orders and not something very significant.

You can read more here: Railways, oil & gas pipeline to drive Kalpataru Power order book growth for next few quarters: Manish Mohnot

Amazon-Patni JV seller entity gets Rs 100 crore

BENGALURU: Appario Retail, the seller entity under recently formed joint venture between Amazon and Patni group, has received a fresh capital infusion of Rs 100 crore, as per latest filings with the Registrar of Companies (RoC).

You can read more here: Amazon-Patni JV seller entity gets Rs 100 crore

We continue to be bullish on HFCs: Vinit Bolinjkar, Ventura Securities

Talking to ET Now, Vinit Bolinjkar, Head Research, Ventura Securities , says the government support in housing is very encouraging and if the Modi government has to pull along in FY19, expect a lot of thrust in this area and all these deals that are going around will help to keep the perspective bul

You can read more here: We continue to be bullish on HFCs: Vinit Bolinjkar, Ventura Securities

'DeMon, GST made lending to SMEs easier'

MUMBAI: Aditya Birla Finance (ABFL) — the lending arm of Aditya Birla Capital (ABCL) — plans to leverage its recently acquired triple A rating to grow its loan book by 35% with a focus on small businesses.

You can read more here: 'DeMon, GST made lending to SMEs easier'

Smart Farming: This startup has a new irrigation method - one that uses just an app

Farming - as we know it - may be one of the most stressful occupations in India. Water scarcity, patchy power supply and dearth of labour have consistently led to poor yield, echoing a much larger crisis that continues year after year.

You can read more here: Smart Farming: This startup has a new irrigation method - one that uses just an app

Mega trend of India’s trillion dollar opportunity to accelerate from here: Raamdeo Agrawal

Edited excerpts: Congratulations for completing 10 years of the India the Next Trillion Dollar Opportunity Fund (India the NTDO Fund). Raamdeo Agrawal : 10 more years are going to come because money is managed for much longer period.

You can read more here: Mega trend of India’s trillion dollar opportunity to accelerate from here: Raamdeo Agrawal

How the Indian paper industry revived itself from a slump

From bleeding balance sheets to surging profits, the estimated Rs 53,000-crore Indian paper industry is rewriting the script. Their growth continues to outpace that of international peers, though there is a global resurgence after almost 22 years, feel industry players.

You can read more here: How the Indian paper industry revived itself from a slump

Ecommerce plays a major role in making India the only market of growing paper consumption

Come New Year, MNM Triplewall Containers, maker of packaging boxes, will set up the third of its series of unique warehouses. The USP — catering to a single customer in a single industry, ecommerce.

You can read more here: Ecommerce plays a major role in making India the only market of growing paper consumption

Demand for paper will see an increase across sectors

Online shopping may be driving new demand for paper, but it's not alone. Paper demand will see an overall increase in India across sectors—education, fast moving consumer goods (FMCG) and healthcare.

You can read more here: Demand for paper will see an increase across sectors

Ecommerce plays a major role in making India the only market of growing paper consumption

Come New Year, MNM Triplewall Containers, maker of packaging boxes, will set up the third of its series of unique warehouses. The USP — catering to a single customer in a single industry, ecommerce.

You can read more here: Ecommerce plays a major role in making India the only market of growing paper consumption

CoWrks buys office space in Mumbai, Gurugram

Of the newly leased spaces, around 95,000 sq ft has been picked up in Mumbai's Worli locality, while around 1.28 lakh sq ft has been leased through two separate transactions in Gurugram. MUMBAI: CoWrks, a shared office space providing company, has leased over 2.

You can read more here: CoWrks buys office space in Mumbai, Gurugram

Chennai’s specsmakers raises $10 million

CHENNAI: City-based optical retail chain Specsmakers Opticians has raised $10 million (about Rs 64 crore) in funding led by Eight Roads Ventures India. Fulcrum Venture has made a partial exit with this deal.

You can read more here: Chennai’s specsmakers raises $10 million

Paytm looks for the next big thing in its startup incubator

MUMBAI: Paytm is all set to join the ranks of India's growing accelerators and incubators through its incubator programme to enable building and sharing of solutions among technology developers in India.

You can read more here: Paytm looks for the next big thing in its startup incubator

SoftBank’s Lydia Jett on Flipkart board

BENGALURU: SoftBank executive Lydia Jett, who recently stepped down as a director at Snapdeal, joined the board of Flipkart, months after merger talks between the two ecommerce companies fell through.

You can read more here: SoftBank’s Lydia Jett on Flipkart board

Earnings growth will come from Q3, drive markets up: Sampath Reddy, Bajaj Allianz Life Insurance

Sampath Reddy , chief investment officer at Bajaj Allianz Life Insurance , expects sustained growth in earnings of Indian companies in the next financial year, following muted earnings growth in the past three years.

You can read more here: Earnings growth will come from Q3, drive markets up: Sampath Reddy, Bajaj Allianz Life Insurance

Jio to give 'surprise cashback' on recharges before Jan 15

Reliance Jio will provide "surprise cashback" of up to Rs 3,300 on recharges of Rs 399 and above, effective on recharges before January 15, 2018, according to industry sources.

In 45 days, we decided to say no to 75% of business: Ashish Goel, CEO, Urban Ladder

When we started the business in July 2012, we had all-India shipping using third-party logistics firms except for deliveries within Bengaluru, which we completed ourselves.

You can read more here: In 45 days, we decided to say no to 75% of business: Ashish Goel, CEO, Urban Ladder

need2know: 10 macro triggers that should move the market today

Hello! Here's a lowdown on top macro triggers that may move the market on Monday. This report was compiled from agency feeds.

You can read more here: need2know: 10 macro triggers that should move the market today

Flipkart, Amazon to adopt new strategies in new year

BENGALURU: India's Flipkart and America's Amazon will adopt vastly divergent strategies in the New Year after years of matching steps in the battle to dominate one of the world's most dynamic ecommerce markets, say analysts who also expect Paytm Mall, which is backed by China's Alibaba, to open a th

You can read more here: Flipkart, Amazon to adopt new strategies in new year

Hospital bills? Short of school fees? You can bank on these startups

BENGALURU: While numerous startups have disrupted the broader retail and small enterprise lending business, a handful of them is concentrating on extremely niche sectors.

You can read more here: Hospital bills? Short of school fees? You can bank on these startups

More opportunities await startup employees in 2018

BENGALURU: Employees at Jombay have something to look forward to in the New Year: an opportunity to get skip-level promotions. Employees can volunteer to be put through an extensive six-month learning and development programme.

You can read more here: More opportunities await startup employees in 2018

BHEL bags Rs 672-cr order for 25 kV AC Mainline EMU Trains

NEW DELHI: Public sector firm Bharat Heavy Electricals Lts today said it has secured a contract for 146 sets of IGBT-based 3 phase electrics for 25 KV AC Mainline EMU (MEMU) trains. "Valued at Rs 672 crore, the order has been placed on BHEL by Rail Coach Factory (RCF), Kapurthala.

You can read more here: BHEL bags Rs 672-cr order for 25 kV AC Mainline EMU Trains

Dilip Buildcon gets board approval to raise Rs 600 crore

The company will issue and allot up to 6,000 non- convertible debentures of face value of Rs 10 lakh each in dematerialised form.

You can read more here: Dilip Buildcon gets board approval to raise Rs 600 crore

Supertech repays Rs 70-cr loans to Indiabulls group

Realty firm Supertech has repaid Rs 70 crore loans to Indiabulls group using funds it had raised from Altico Capital last week. The Noida-based developer had raised Rs 430 crore from Altico Capital last week.

You can read more here: Supertech repays Rs 70-cr loans to Indiabulls group

Coromandel to acquire Bio-Pesticides business of EID Parry for Rs 338 crore

Coromandel International, India's second largest phosphatic fertiliser player with interests in fertilisers, crop protection, specialty nutrients, organic fertilisers, has signed a term sheet to acquire the business from E.I.D.

You can read more here: Coromandel to acquire Bio-Pesticides business of EID Parry for Rs 338 crore

Merry Christmas From Tools in Action

We would like to wish you a Merry Christmas and we hope you have a wonderful day with your family.  Just in case you were the first one up and have some time, here are a couple funny videos to get your day started.

You can read more here: Merry Christmas From Tools in Action

SAIL may return to profit next year: Steel Secretary

The steel ministry expects to show profit next year on the back of continued improvement in global commodity market. The country's largest steelmaker has been posting losses since 2015-16, mainly on account of slowdown in the sector.

You can read more here: SAIL may return to profit next year: Steel Secretary

Focus is on compliance issues to emerge stronger from PCA: Dinabandhu Mohapatra

The Reserve Bank of India triggered Prompt Corrective Action (PCA) on Bank of India last week, wherein the regulator has placed certain restrictions on the state-run bank’s banking activities.

You can read more here: Focus is on compliance issues to emerge stronger from PCA: Dinabandhu Mohapatra

A cute toy just brought a hacker into your living room

SAN FRANCISCO: My Friend Cayla, a doll with nearly waist-length golden hair that talks and responds to children’s questions, was designed to bring delight to households. But there’s something else that Cayla might bring into homes as well: hackers and identity thieves.

You can read more here: A cute toy just brought a hacker into your living room

Wake up! There is no safe space for your business

Byju Raveendran was at crossroads with his tutoring business in 2015. He had grown to fame delivering high-impact lectures in an engaging way that made difficult concepts easy to understand. To accelerate, he started beaming lectures over VSAT across the country.

You can read more here: Wake up! There is no safe space for your business

Early-stage venture capital investments in India plunge to 3-year low in 2017

NEW DELHI | MUMBAI: Earlystage venture capital investments in India plunged to a three-year low this year, a situation that could trigger alarm bells across the startup ecosystem even as overall risk-capital participation touched new highs.

You can read more here: Early-stage venture capital investments in India plunge to 3-year low in 2017

Skechers takes Flipkart, sellers to High Court over fakes

MUMBAI: US lifestyle and footwear brand Skechers has filed cases against ecommerce marketplace Flipkart and four sellers on its platform for allegedly selling its counterfeit products, an issue that has grown exponentially after the rise of online marketplaces in India.

You can read more here: Skechers takes Flipkart, sellers to High Court over fakes

Etailers to focus on physical stores as they prepare to get IPO-ready

MUMBAI | BENGALURU: For the country's top online furniture and fashion retailers, offline is the mantra for next year as several of them look to become IPO ready in 2-3 years.

You can read more here: Etailers to focus on physical stores as they prepare to get IPO-ready

Government looks to award coal blocks on production or revenue sharing model

NEW DELHI: The system of coalblocks allocation could undergo an overhaul, with New Delhi leaning towards the oil-and-gas industry model that involves sharing production or revenue instead of the existing practice of auctions.

You can read more here: Government looks to award coal blocks on production or revenue sharing model

Biotech startups choosy on deals with big pharma: Bayer executive

MUMBAI: Awash with financing options from venture capital firms, the best of the biotech startups are at a pole position, getting picky and pricey about deals with their larger pharma peers, Kemal Malik, who helms the global innovations unit at Bayer, the $55-billion German healthcare-to-agriculture

You can read more here: Biotech startups choosy on deals with big pharma: Bayer executive

India's plastics export poised to cross USD 8 bn mark in FY18

MUMBAI: The Plastics Export Promotion Council (PLEXCONCIL) is confident that India's plastics exports will cross USD 8 billion mark due to the positive growth trend.

You can read more here: India's plastics export poised to cross USD 8 bn mark in FY18

Myntra bets on AI, augmented reality to enhance user connect

NEW DELHI: Online fashion retailer Myntra is using futuristic technologies like data mining and artificial intelligence (AI) to help designers come up with patterns and styles that can boost sales for apparel makers.

You can read more here: Myntra bets on AI, augmented reality to enhance user connect

2017 in retrospect: Realty faces slowdown, up for recovery post RERA

KOLKATA: The real estate sector, which witnessed a slew of policy measures through the year, experienced a market slowdown but the affordable segment emerged as its growth driver, say property consultants and developers.

You can read more here: 2017 in retrospect: Realty faces slowdown, up for recovery post RERA

Too drunk to drive? Here are the startups that can help you reach home safely

Driver Amarendra Thakur, 36, has been chauffeuring pub hoppers to their homes on the night of December 31 and into the early hours of the new year for over a decade.

You can read more here: Too drunk to drive? Here are the startups that can help you reach home safely

How founders hold on to equity yet raise cash

Late last month, Mumbai based venture capital firm Unicorn India launched its maiden debt fund with a corpus of Rs 600 crore ($93 million) and a plan to invest about Rs 20 crore each in 10 companies.

You can read more here: How founders hold on to equity yet raise cash

Check inflation but not at cost of making agriculture un-remunerative: Abhay Laijawala

We are seeing a slow and steady return of rural purchasing power, says Abhay Laijawala , MD and head of India research at Deutsche Equities. In an interview to ET Now, Laijawala said that a pickup in food inflation is encouraging. Edited excerpts:

You can read more here: Check inflation but not at cost of making agriculture un-remunerative: Abhay Laijawala

Jet Airways, JSW Energy top bets for Tuesday; HCC due for a breakout: Kunal Bothra

Many infrastructure stocks have broken out on their long-term charts and some of them could actually end up rallying 30-40 per cent, feels Kunal Bothra an intependent market expert. Bothra said Independent Market Analyst said that HCC is due for HCC for a big breakout.

You can read more here: Jet Airways, JSW Energy top bets for Tuesday; HCC due for a breakout: Kunal Bothra

IT may emerge as a surprise pack in 2018, outdo broader market: Pankaj Sharma

Among investible names, investors have exhausted the valuation limits to some extent, says Pankaj Sharma , an independent market expert. In an interview to ET Now, Sharma said IT could be a surprise pack in CY18.

You can read more here: IT may emerge as a surprise pack in 2018, outdo broader market: Pankaj Sharma

GST regime to stabilise in next 18 months: Niti Aayog Vice Chairman Rajiv Kumar

BENGALURU: The Goods and Services Tax (GST) regime would get stabilised in the next 18 months, Niti Aayog Vice Chairman Rajiv Kumar said today.

You can read more here: GST regime to stabilise in next 18 months: Niti Aayog Vice Chairman Rajiv Kumar

Zoomcar is sharpening its focus on user experience

With over 3,000 cars across 27 cities, 9 lakh trips every year,and a revenue of Rs 121.2 crore in financial year ending 2017, it’s heady times for India’s biggest self-drive car rental startup Zoomcar.

You can read more here: Zoomcar is sharpening its focus on user experience

What did some of India's biggest auto makers do in the face of their toughest challenges

While it’s common to hear that marketing is not 'rocket science', there are tough calls that have to be taken, lest a product or campaign come spiralling down to the ground.

You can read more here: What did some of India's biggest auto makers do in the face of their toughest challenges

Woodworker’s Journal – January/February 2018

This issue includes plans for a Modern Rocking Chair, Natural Edge Bowls, a Five Drawer Tool Chest, a Coatrack and tips on how to get the most out of your scroll saw.

You can read more here: Woodworker’s Journal – January/February 2018

How to Get Your House Ready for Cold Weather

Our late fall certainly seemed like winter, but now it’s actually here. Snow and cold will be a reality for the next few months. Winter weather has a way of letting you know your windows aren’t completely shut or that your door needs new weather stripping.

You can read more here: How to Get Your House Ready for Cold Weather

McDermott, CB&I to Merge into Oil & Gas EPC Giant with $139 Billion in Active Projects

SUGAR LAND--December 20, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--The market for engineering, procurement and construction (EPC) services in the Oil & Gas Industry is about to see a big shakeup, as heavyweights McDermott International Incorporated (NYSE:MDR) (Houston, Texa

You can read more here: McDermott, CB&I to Merge into Oil & Gas EPC Giant with $139 Billion in Active Projects

RIL partners Myntra to co-brand denim collection

MUMBAI: Reliance Industries today partnered with fashion ecommerce player Myntra to co-brand its exclusive denim collection Mast & Harbour with the flagship product from the former, RElan FeelFresh. "RElan FeelFresh is one of our flagship products.

You can read more here: RIL partners Myntra to co-brand denim collection

Tata Power arm wins coal mine in Russia

NEW DELHI: Tata Power today said its Russian subsidiary Far Eastern Natural Resources LLC has bagged the mining licence for a thermal coal mine in Kamchatka province in far east Russia.

You can read more here: Tata Power arm wins coal mine in Russia

Rural recovery a must going into 2019 elections, says Dabur CEO

"I think the effects of demonetisation and GST are now behind us in the urban economy," says Duggal.Sunil Duggal, CEO, Dabur India, says there is telltale signs of demand revival in rural India and it should look up further in the year ahead. Excerpts from an interview with ETNow.

You can read more here: Rural recovery a must going into 2019 elections, says Dabur CEO

Steel ministry to transfer stake in HSCL to housing ministry

NEW DELHI: Steel ministry today agreed to transfer its entire 49 per cent stake in Hindustan Steelworks Construction Ltd (HSCL) to housing and urban affairs ministry. The move will pave way for state-owned construction firm NBCC India Ltd to take full control of its subsidiary HSCL.

You can read more here: Steel ministry to transfer stake in HSCL to housing ministry

Thyssenkrupp strikes pact with workers ahead of Tata merger

German steel giant Thyssenkrupp has announced a "negotiated settlement" with its workers to clear the way for its proposed joint venture with Tata Steel Europe.

You can read more here: Thyssenkrupp strikes pact with workers ahead of Tata merger

India’s next inflation reading may come at 5%: K Harihar, FirstRand Bank

As inflation goes up, liquidity tightens and the outlook for the US improves, India will need to play a fine balancing act to keep its house in order, says K Harihar, FirstRand Bank. Excerpts from an interview with ETNow.

You can read more here: India’s next inflation reading may come at 5%: K Harihar, FirstRand Bank

Milwaukee Knife Review

What do you think of when you hear Milwaukee Tool?  Some things that come to my mind are quality, innovation, the large line of cordless power tools, top rated battery technology and yes, the color red.

You can read more here: Milwaukee Knife Review

Adani is said to seek A$3 billion debt for Aussie coal plans

Indian conglomerate Adani Enterprises Ltd. needs as much as A$3 billion ($2.3 billion) in debt financing to help start producing Australian coal from one of the world's largest mines, after major banks from Sydney to New York said they don't want to lend to polluting fossil-fuel projects.

You can read more here: Adani is said to seek A$3 billion debt for Aussie coal plans

GST regime more primitive than VAT: Amit Mitra

The hurried launch of GST without proper infrastructure in place has made the indirect tax system more "primitive" than the VAT regime, West Bengal Finance Minister Amit Mitra said.

You can read more here: GST regime more primitive than VAT: Amit Mitra

TCS order, Accenture guidance do not lift the cloud over IT: Agarwal

Prateek Agarwal , Business Head & CIO at ASK Investment Manager , says even if there is some rural tilt in Union Budget, it would not bother him. Excerpts from an interview with ETNow.

You can read more here: TCS order, Accenture guidance do not lift the cloud over IT: Agarwal

Already saved 140 years of waiting: Sminq wants to eliminate the frustration of being in a queue

This 17-month old startup does not offer a disruptive technology, but rather a simple solution to a mind-numbing problem.

You can read more here: Already saved 140 years of waiting: Sminq wants to eliminate the frustration of being in a queue

Quikr acquires HDFC's digital, realty units in all stock deal

India's largest mortgage lender HDFC has sold its realty brokerage business HDFC Realty and its digital real estate business HDFC Developers which owns HDFC Red to online classifieds player Quikr. The all-stock deal will see HDFC pick up around 3.

You can read more here: Quikr acquires HDFC's digital, realty units in all stock deal

Eric Schmidt shows adult tech supervision lost its cool: Gadfly

One of the trendsetters of "adult supervision" in the technology industry is now out of the picture. It's too bad. Today's tech startups could certainly use more adults. Eric Schmidt, the former CEO of Google and executive chairman of parent company Alphabet Inc.

You can read more here: Eric Schmidt shows adult tech supervision lost its cool: Gadfly

Sequoia Capital is said to explore $5 billion mega-venture fund

Sequoia Capital is in early discussions to raise a $5 billion venture fund, people familiar with the plans said.

You can read more here: Sequoia Capital is said to explore $5 billion mega-venture fund

Following Muhammad Ali's mantra, Nazara Technologies have come far to launch its IPO

NEW DELHI: In one of his most vivid childhood memories, Nitsh Mittersain reminisces taking overnight trains from Mumbai to Sangli in Maharastra to visit his grandfather's textile mill.

You can read more here: Following Muhammad Ali's mantra, Nazara Technologies have come far to launch its IPO

‘In 2018, Maruti’s constraint may be production capacity’

In an interview to ET Now, Maruti Suzuki India chairman RC Bhargava said he expects a little better than 10% growth this year and looks forward to double-digit growth next year. What are you going to do different next year?

You can read more here: ‘In 2018, Maruti’s constraint may be production capacity’

Bengaluru’s Sling Media to play important role in DISH Network's 5G tech rollout in the US

BENGALURU: Sling Media’s Bengaluru development centre will play an important role in parent company DISH Network’s 5G product rollout strategy in the United States, a top executive told ETtech. "Bengaluru has been a core development centre for us in terms of products.

You can read more here: Bengaluru’s Sling Media to play important role in DISH Network's 5G tech rollout in the US

Quikr buys HDFC Realty and RED in an all stock deal

MUMBAI: India’s largest mortgage lender HDFC has sold its realty brokerage business HDFC Realty and its digital real estate business HDFC Developers, which owns HDFC RED, to online classifieds player Quikr. The all-stock deal will see HDFC pick up around 3.

You can read more here: Quikr buys HDFC Realty and RED in an all stock deal

Food delivery firms will fight for a seat at the table

MUMBAI: India’s food-technology space is all set to make a comeback next year, drawing the curtains on a year that has seen consolidations, new entrants and a massive clean-up exercise by incumbents as they jostle for the top spot in the delivery market.

You can read more here: Food delivery firms will fight for a seat at the table

Troubleshooting Tips for Scroll Saw Use

Download the PDF of Carole Rothman’s tips for troubleshooting scroll saw problems below. Click Here to Download.

You can read more here: Troubleshooting Tips for Scroll Saw Use

January/February 2018 What’s in Store Round-up

See the link above for a closer look at the 3M WorkTunes Connect Hearing Protectors.

You can read more here: January/February 2018 What’s in Store Round-up

CIL subsidiaries issue LoIs to 10 companies for supplies

Coal India subsidiaries have finally issued electronic letters of intent for supplies of 27 million tonnes of coal annually for 25 years to 10 companies that won them through an e-auction on discounts offered over their existing tariffs.

You can read more here: CIL subsidiaries issue LoIs to 10 companies for supplies

VIDEO: Resawing with a Band Saw

Resawing is the technique of cutting a board to a thickness. The best tool for resawing is the band saw.

You can read more here: VIDEO: Resawing with a Band Saw

Flipkart's move to develop in-house brands may help it achieve overall profitability

It turned out great for Flipkart that Anurag Shukla had spent considerable time in China. As a purchase manager at Samsung India, he had even picked up a working proficiency in Mandarin as he networked with electronics suppliers in the neighbouring country.

You can read more here: Flipkart's move to develop in-house brands may help it achieve overall profitability

VIDEO: Cutting at an Angle with a Scroll Saw

Woodworking expert Carole Rothman explains why you might need to make angled cuts with a scroll saw, and shows her methods for doing so.

You can read more here: VIDEO: Cutting at an Angle with a Scroll Saw

'Replacing coal plants with renewables will help save Rs 54,000 crore in power costs'

The country can save up to Rs 54,000 crore in power costs and reduce air pollution by replacing expensive coal plants with renewables, according to a new analysis by Greenpeace India.

You can read more here: 'Replacing coal plants with renewables will help save Rs 54,000 crore in power costs'

Sachin Tendulkar-backed Smaaash raises Rs 90 crore through syndication deal

Sachin Tendulkar-backed gaming and entertainment company Smaaash has raised Rs 90 crore in equity financing, through a syndication deal, less than a month after it had raised Rs 25 crore from consumer-focused investment firm Sixth Sense Ventures.

You can read more here: Sachin Tendulkar-backed Smaaash raises Rs 90 crore through syndication deal

Naaptol to double its customer base to ten million

KOLKATA: Home shopping company, Naaptol plans to double its customer base of ten million in 2018 and is going to roll out its brick-and-mortar stores for the first time in smaller cities. The company is also moving to complete dispatch of orders to customers from its own fulfilment centres.

You can read more here: Naaptol to double its customer base to ten million

Mahindra Group invests in Finland startup Medixine

LONDON: The Mahindra Group today announced an investment of 200,000 euros in a Finnish start-up which won a competition run by the Indian conglomerate in search for the next big idea.

You can read more here: Mahindra Group invests in Finland startup Medixine

In 2018, Maruti probably will face constraint from production capacity: RC Bhargava

Talking to ET Now, RC Bhargava , Chairman, Maruti Suzuki , says this year expects a little better than 10% growth and next year also would like to have double digit growth. Edited excerpts: What are you going to do different next year? I do not think anything very different is going to happen.

You can read more here: In 2018, Maruti probably will face constraint from production capacity: RC Bhargava

Ryobi Wet Dry Vacuum Review

Over the last couple of years, Ryobi has been rocking the power tool world.  They have come out with some crazy stuff like a garage door opener, the Score, a cooler, a fan and not to mention a whole line of cordless power tools.

You can read more here: Ryobi Wet Dry Vacuum Review

Real India story unfolding in small and midcap sectors: Sanchita Mukherji, Blue Edge

Talking to ET Now, Sanchita Mukherji, Blue Edge, says investors would do well to invest into diversified equity mutual funds where the fund manager's alpha is over and above the beta generated by the broader markets.

You can read more here: Real India story unfolding in small and midcap sectors: Sanchita Mukherji, Blue Edge

Ola launches 'Lite' version to serve tier II, III markets

NEW DELHI: Cab hailing app Ola on Thursday said it has launched a 'Lite' version of its app that works on the lowest Internet connectivity and will target consumers in tier II and III cities of the country.

You can read more here: Ola launches 'Lite' version to serve tier II, III markets

Zoomcar launches PEDL in Mumbai, 5th city to offer cycle sharing service

At present, PEDL cycles have been placed across 30 locations in Palava. PEDL has about 200 cycles in Palava and has been able to manage more than 2000 trips per days on an average in a very short duration.

You can read more here: Zoomcar launches PEDL in Mumbai, 5th city to offer cycle sharing service

Carlyle Growth buys controlling stake in Visionary Revenue Cycle Management

MUMBAI: Global private equity fund Carlyle Growth today announced it has bought a controlling stake in Visionary Revenue Cycle Management, a provider of healthcare solutions for an undisclosed amount. ET was the first to report the proposed transaction on November 6.

You can read more here: Carlyle Growth buys controlling stake in Visionary Revenue Cycle Management

2G verdict: CBI evudence may not have been strong enough: HP Ranina

Talking to ET Now, HP Ranina , Senior Advocate, SC , says CBI may not have done its homework or maybe there were some issues involved and the agency can now directly go to the Supreme Court also.

You can read more here: 2G verdict: CBI evudence may not have been strong enough: HP Ranina