deGustibus Hospitality forays into the QSR segment

NEW DELHI: deGustibusHospitality which runs restaurant brands like Indigo, Indigo Delicatessen, Neel, D:OH!, Tote on the Turf, and the fine catering venture, Moveable Feast announced it is foraying into the QSR space.

You can read more here: deGustibus Hospitality forays into the QSR segment

Bullish on these 2 stocks in infra space: Sudip Bandyopadhyay, Inditrade Capital

Talking to ET Now, Sudip Bandyopadhyay, Inditrade Capital , says in the infra space, L&T and Dilip Buildcon are the two sticks he is betting on. Why are markets ignoring the boil in crude? It is very surprising. My view was that the way crude has moved up, markets will be little cautious.

You can read more here: Bullish on these 2 stocks in infra space: Sudip Bandyopadhyay, Inditrade Capital

Pharma looks good in 2-3-year timeframe: Anshul Saigal, Kotak Mahindra AMC

Talking to ET Now, Anshul Saigal, Kotak Mahindra AMC , says in most pharma "Mercedes" grade facilities "Maruti 800" grade product was produced earning requisite level price and this eating into margins. But that looks set to change.

You can read more here: Pharma looks good in 2-3-year timeframe: Anshul Saigal, Kotak Mahindra AMC

Milwaukee M12 Ratchet Review

Mechanics are starting to be able to work and lose the air hose once and for all with cordless power tools.  However there are still applications where the hose is needed, so we can’t quite yet throw that pneumatic air hose out yet.

You can read more here: Milwaukee M12 Ratchet Review

Yatra.com launches self-booking platform for SMEs

The company said the GST complaint system will allow the user to search through a range of flight and hotel options as per the company travel policy.

You can read more here: Yatra.com launches self-booking platform for SMEs

Iron ore price hike forces steel cos to pass on cost: Sajjan Jindal

NEW DELHI: A hike in iron ore prices by state-run NMDC has left steel companies with no choice but to pass on the increased production cost to customers, JSW Steel Chairman Sajjan Jindal has said.

You can read more here: Iron ore price hike forces steel cos to pass on cost: Sajjan Jindal

Bauxite production drops 73% to 7,269 tonne in FY17

NEW DELHI: Production of bauxite, an aluminium ore, dropped sharply by almost 73 per cent to 7,269 tonnes in 2016-17 compared to 27,146 tonnes in 2015-16, Parliament was informed today.

You can read more here: Bauxite production drops 73% to 7,269 tonne in FY17

From net neutrality to IBC & Aadhaar, how Vidhi is framing key government legislation

It's not every day that a 30-something former Oxford academic disrupts the plans of the world's biggest disruptor. But Arghya Sengupta is no pushover — his boyish charm perfectly couches confidence, clarity and commitment towards translating law for the layman.

You can read more here: From net neutrality to IBC & Aadhaar, how Vidhi is framing key government legislation

Betting on these 4 themes in 2018: Pashupati Advani

Talking to ET Now, Pashupati Advani, pashupatiadvani@globalforay , says cement, pharma, insurance and consumption -- especially white goods and food - are the four themes he is bullish on.

You can read more here: Betting on these 4 themes in 2018: Pashupati Advani

For Lupin, uncertainties of 2018 would continue in 2019: Ramesh Swaminathan

Biosimilars, complex generics and speciality would be key elements of Lupin strategy going forward, says Ramesh Swaminathan , CFO and ED, Lupin, in an interview with ET Now. Swaminathan says 2018-19 would be bad years for the pharma company and they expect things to become better only in 2019-2020.

You can read more here: For Lupin, uncertainties of 2018 would continue in 2019: Ramesh Swaminathan

Partnering with Indian Startups – New Opportunities for Foreign Investors

India’s startup ecosystem is quickly maturing as new companies adapt technological solutions to local challenges and emerging markets.

The post Partnering with Indian Startups – New Opportunities for Foreign Investors appeared first on India Briefing News.

Where to invest as crude nudges $70: Abhimanyu Sofat, IIFL

Talking to ET Now, Abhimanyu Sofat , VP- Research, IIFL , says in a hazy macro scenario, HPCL and BPCL would be the preferred bet within the OMC space.

You can read more here: Where to invest as crude nudges $70: Abhimanyu Sofat, IIFL

Ecommerce platform Paytm Mall partners with Samsung

BENGALURU: Ecommerce platform Paytm Mall has partnered with Samsung to host the consumer electronics brand store on its platform for consumers to immediately discover the brand’s flagship range of smartphones.

You can read more here: Ecommerce platform Paytm Mall partners with Samsung

Voonik reaches Ebitda profitability

BENGALURU: Voonik has reached Ebitda profitability at a monthly level, CEO Sujayath Ali said on Wednesday. The company saw Rs 117 crore in revenue in financial year 2017, while the burn was Rs 135 crore. In FY16, Voonik’s revenue was Rs 26 crore while burn was Rs 86 crore.

You can read more here: Voonik reaches Ebitda profitability

Warburg Pincus India MD Nitin Nayar quits to launch own tech fund

NEW DELHI: Warburg Pincus India managing director Nitin Nayar has resigned from the private equity firm to launch his own investment fund that will primarily focus on placing technology-related bets.

You can read more here: Warburg Pincus India MD Nitin Nayar quits to launch own tech fund

Mumbai police registers case against Mahesh Murthy

BENGALURU: A suburban police station in Mumbai has registered asexual harassment case against venture capital investor Mahesh Murthy, according to the National Commission of Women.

You can read more here: Mumbai police registers case against Mahesh Murthy

Ecommerce platform Infibeam expects boost in revenue with Govt contract

AHMEDABAD: Infibeam is anticipating a significant revenue boost after the business-to-business ecommerce platform, as part of a consortium, secured a contract to manage the government’s eMarketplace (GeM)—among the largest government IT contracts in recent times.

You can read more here: Ecommerce platform Infibeam expects boost in revenue with Govt contract

Digital media, entertainment sector to see a transformation in 2018

BENGALURU: With high-speed data connectivity finally becoming a reality in India, analysts are anticipating a transformation of sorts for India’s digital media and entertainment startup sector.

You can read more here: Digital media, entertainment sector to see a transformation in 2018

PhonePe CEO says jump in UPI transactions simply driven by cashbacks

BENGALURU: In perhaps a first-of-its-kind public outburst around incentivisation on the Unified Payments Interface (UPI) platform, chief executive of PhonePe Sameer Nigam attributed the huge jump in UPI transactions in December to artificial transactions driven by cashbacks, which have inflated the

You can read more here: PhonePe CEO says jump in UPI transactions simply driven by cashbacks

Naspers may partner Tencent to deliver $200 million to Swiggy

NEW DELHI | MUMBAI: South African Internet group Naspers has emerged as the frontrunner to lead a $150-200 million investment in Swiggy, after SoftBank and Flipkart ended independent funding discussions with the online food-delivery platform, according to three people briefed on the matter.

You can read more here: Naspers may partner Tencent to deliver $200 million to Swiggy

BHIM app behind country's digital payment ecosystem

The Mahabharata would have the mighty Bhim live unconquered, virtually indestructible. Aeons later, the eponymous app has gone from strength to strength, but may not prove immortal.

You can read more here: BHIM app behind country's digital payment ecosystem

PROJECT: Modern Rocking Chair

An ultramodern take on an American classic: the rocking chair. Beech, cherry and walnut combine in beauty and distinction.

You can read more here: PROJECT: Modern Rocking Chair

NALCO lines up 3 projects, invests Rs 25,000 crore

BHUBANESWAR: Upbeat over a 94 per cent jump in net profit, National Aluminium Company Limited (NALCO), has lined up projects with an investment of about Rs 25,000 crore, three of which will be inaugurated on Friday.

You can read more here: NALCO lines up 3 projects, invests Rs 25,000 crore

Flipkart's logistics arm Ekart raises Rs 1,632 cr from Klick2Shop

NEW DELHI: E-commerce major Flipkart's logistics arm Ekart Logistics has received a funding of Rs 1,632 crore recently from Klick2Shop, as per regulatory filings.

You can read more here: Flipkart's logistics arm Ekart raises Rs 1,632 cr from Klick2Shop

Steel companies upset over hike in iron ore prices

The hike in iron ore prices has upset domestic steel companies which are now bracing for a spike in production costs. It is slated to affect both large steel majors who do not own captive iron ore mines as well as smaller and medium steel firms that rely on merchant ore supplies to feed their units.

You can read more here: Steel companies upset over hike in iron ore prices

From FY18 to FY20, there will be growth across sectors: Rajesh Kothari, AlfAccurate Advisors

Talking to ET Now, Rajesh Kothari, AlfAccurate Advisors , says continuing to bet on the four themes of auto ancillaries, speciality chemicals, a few large consumer sectors and affordable housing as they have done for some time.

You can read more here: From FY18 to FY20, there will be growth across sectors: Rajesh Kothari, AlfAccurate Advisors

Husky Tie-Down Review

We all know how important it is to secure your load to your vehicle or trailer.  However, the way we do it can vary.  Some use rope, some use cheap straps and others go all out and buy the best of the best.

You can read more here: Husky Tie-Down Review

SME IPOs make a mark in 2017, lap up record Rs 1,785 crore

NEW DELHI: Spurred by investor interest, 132 small and medium enterprises (SMEs) raised a record Rs 1,785 crore through IPOs in 2017, which was more than three times the funds raised in the preceding year.

You can read more here: SME IPOs make a mark in 2017, lap up record Rs 1,785 crore

Driver strike hits cab services in Chennai

CHENNAI: Cab availability on technology enabled aggregators like Ola and Uber took a hit on Wednesday following a work strike in the city by drivers demanding better working conditions and remunerations for serving on these platforms.

You can read more here: Driver strike hits cab services in Chennai

Bandhan Bank has 1.1 cr customer base, 28% CASA, low NPA and now IPO in a year

Talking to ET Now, Chandra Shekhar Ghosh , MD & CEO, Bandhan Bank , explains that the condition of turning into a bank is that they have to be listed within 3 years and two years are over.

You can read more here: Bandhan Bank has 1.1 cr customer base, 28% CASA, low NPA and now IPO in a year

By end of 2018, private investment will show robust growth: Rajiv Kumar, Niti Aayog

Talking to ET Now's Mythili Bhusnurmath, Rajiv Kumar, VC, Niti Aayog , says structural factor should permit us to get close to double digit growth rates without much problem.

You can read more here: By end of 2018, private investment will show robust growth: Rajiv Kumar, Niti Aayog

Why Krishna Kumar is betting contra on these 4 sectors in 2018

In an interview with ET Now, Krishna Kumar, Eastspring Investments , says he is bullish and gone contra on commodity, energy, IT and pharma sectors. He also says it is time to think about corporate banks as the next window of opportunity.

You can read more here: Why Krishna Kumar is betting contra on these 4 sectors in 2018

Doing Business in Bengaluru: India’s IT, Startups Hub

Bengaluru, formerly called Bangalore is known as the Silicon Valley of India. Here we briefly profile the city, and provide key information for expatriates looking to work and live in Bengaluru.

The post Doing Business in Bengaluru: India’s IT, Startups Hub appeared first on India Briefing News.

No single rate for all items under GST: Arun Jaitley

The government today ruled out having a single rate for all commodities under the Goods and Services Tax (GST) saying items like food products have been placed at minimum taxation levels while luxury goods were in the higher categories.

You can read more here: No single rate for all items under GST: Arun Jaitley

Why Chakri Lokapriya is betting big on L&T

Talking to ET Now, Chakri Lokapriya , CIO & MD, TCG AMC , says being conservative on the back of strong returns in 2017 is a more prudent strategy at this point in time until we get more clarity in the budget.

You can read more here: Why Chakri Lokapriya is betting big on L&T

Want to save 30% on fuel costs? Altigreen holds the key

Using Methanol as a source of fuel, the Road Transport and Highways Minister, Nitin Gadkari, wants to cut India`s crude oil import bill by 30%.

You can read more here: Want to save 30% on fuel costs? Altigreen holds the key

Consumer durable loans set to grow: ICRA

BENGALURU: Rating agency ICRA has predicted that loan disbursals in the consumer durables segment is set to grow at a constant rate of 21-24% per year and could reach Rs 1.9 to 2.1 lakh crore by March 2021.

You can read more here: Consumer durable loans set to grow: ICRA

Urban Ladder to offer Esops to attract staff

BENGALURU: Urban Ladder is set to offer Esops to attract seniorlevel talent, according to MCA documents filed by the company.

You can read more here: Urban Ladder to offer Esops to attract staff

Inside Masayoshi Son's eccentric, relentless deal spree

Early last year, Cheng Wei, founder and chief executive of the Chinese ride-hailing juggernaut Didi Chuxing, tried to resist taking money from legendary investor Masayoshi Son.

You can read more here: Inside Masayoshi Son's eccentric, relentless deal spree

Paypal founder and early Facebook investor Peter Thiel bets big on Bitcoins

Bitcoin has gained global fame in the past year, but it’s been popular at Peter Thiel’s venture firm since at least 2012.

You can read more here: Paypal founder and early Facebook investor Peter Thiel bets big on Bitcoins

RBI diktat on meal coupons was a ticket to success: Bhavin Turakhia

Though I always wanted to run an internet business in India, I was never really interested specifically in the digital payments space. At least not till the time I realised that even if the business went online, collecting cheques from clients was proving to be extremely painful.

You can read more here: RBI diktat on meal coupons was a ticket to success: Bhavin Turakhia

Uber's mentality allowed its employees to get away with bad behaviour: Arianna Huffington

India has a cure to the burnout epidemic spreading world-over, says Arianna Huffington, author and businesswoman who founded well-being and productivity platform Thrive Global.

You can read more here: Uber's mentality allowed its employees to get away with bad behaviour: Arianna Huffington

Future Group in talks to buy Snapdeal’s logistics arm

MUMBAI: Future Group, India's largest retailer, is said to be in talks to buy online retail platform Snapdeal's logistics arm Vulcan Express for about Rs 50 crore in an all-cash deal.

You can read more here: Future Group in talks to buy Snapdeal’s logistics arm

UPI continues strong run in December, clocks 145 million transactions

BENGALURU: Ending the year on a high, Unified Payments Interface (UPI) has maintained the growth momentum by clocking 145 million transactions in December against 105 million in November, reporting a growth of around 38%.

You can read more here: UPI continues strong run in December, clocks 145 million transactions

UPI reports 38% growth between November and December

BENGALURU: Ending the year on a high, Unified Payments Interface (UPI) has maintained the growth momentum by clocking 145 million transactions in December against 105 million in November, reporting a growth of around 38%.

You can read more here: UPI reports 38% growth between November and December

Disrupt or be disrupted now: Salil Parekh, Infosys

BENGALURU: Salil Parekh, who took over the reins at Infosys, India’s second-largest software exporter, on Tuesday exhorted employees to actively participate in the technology disruption to help the company achieve growth and stay relevant.

You can read more here: Disrupt or be disrupted now: Salil Parekh, Infosys

Past lessons will propel Wipro forward: Azim Premji

BENGALURU: Wipro chairman Azim Premji said both old and new practices are equally important for growth at a time when the IT services companies see a shift towards digital technologies.

You can read more here: Past lessons will propel Wipro forward: Azim Premji

Coal to add Rs 95,000 crore to government coffers by 2020

KOLKATA: Coal, considered a polluting fuel, is turning out to be a heavy contributor to the government coffers. It is likely to contribute around Rs 95,000 crore to the government's coffer in the form of clean energy cess between this financial and 2020.

You can read more here: Coal to add Rs 95,000 crore to government coffers by 2020

Gas-Fired Power Development Poised to Surge in 2018, 2019

SUGAR LAND--January 2, 2018--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The pace of North American natural gas-fired Power development appears ready to accelerate in 2018 and 2019, surpassing the high levels of development activity in prior years, according to Industria

You can read more here: Gas-Fired Power Development Poised to Surge in 2018, 2019

A New Year of Woodworking

Happy new year! Fresh pages of the calendar stretch before us, just waiting to be filled with exciting events, fond memories – and, of course, woodworking projects.

You can read more here: A New Year of Woodworking

Office furniture maker Steelcase to give out 16 grants worth $67,000 each

"Students today are preparing for futures they can't predict and jobs that have yet to be invented," said Sean Corcorran, General Manager of Steelcase Education.

You can read more here: Office furniture maker Steelcase to give out 16 grants worth $67,000 each

About 22% hike in iron ore prices to increase production cost of steel

KOLKATA | MUMBAI: Steel companies hoping to post strong numbers in the January-March quarter riding on a strong demand pickup have come in for a rude shock.

You can read more here: About 22% hike in iron ore prices to increase production cost of steel

Nature Carvings

Here are three of my recent woodcarvings. I carve – primarily with hand tools; paint and then mount carvings on found wood burls, etc. You can find more of my photos on my website.

You can read more here: Nature Carvings

Jharkhand takes a cue from Odisha stops transportation from defaulting mines

The Jharkhand government has stopped issuing online permits for transport of coal and iron ore to several companies in the state, including state-run miner Coal India.

You can read more here: Jharkhand takes a cue from Odisha stops transportation from defaulting mines

VIDEO: Spindle Turning a Kitchen Canister with Lid

This kitchen canister is a great woodturning project to practice and improve your lathe and spindle turning skills. A storage canister project like this one is called a hollow form. Because the grain runs vertically up and down the canister, rather than across, this is a form of spindle turning.

You can read more here: VIDEO: Spindle Turning a Kitchen Canister with Lid

Coal India may miss production target during FY18

Coal India may miss out on meeting its production target of 600 million tonnes in 2017-18, going by the production pattern during the first nine months of the year. Provisional figures for the April-December 2017 period showed it has produced 383.

You can read more here: Coal India may miss production target during FY18

Owens Shares Holiday Joy

Editor’s Note: Shortly before Christmas, Woodworker’s Journal was alerted to the following news release that just missed our deadline for the “Weekly” issue that went live on Tuesday, Dec. 19.

You can read more here: Owens Shares Holiday Joy

Best Finish for a Bear Carving?

For the past 8 to 10 years, I have enjoyed a miniature freestanding carving of a bear that we brought from California. It was formed from a piece of redwood and has always been kept indoors.

You can read more here: Best Finish for a Bear Carving?

Bessey 8-in. KliKlamps®

Bessey’s light-duty KliKlamps combine several features that can bring better control when clamping up delicate assemblies. Their magnesium jaws and glass-fiber reinforced handles are lightweight but rigid, and the clamps’ steel rail ensures that the jaws remain aligned during use.

You can read more here: Bessey 8-in. KliKlamps®

WORX® 8V Forcedriver

An impact driver’s internal mechanics reduce the wrist fatigue that can occur when driving screws or other fasteners with an ordinary drill/driver. That’s why it has become a mainstay assembly tool for many woodworkers, DIYers and jobsite users.

You can read more here: WORX® 8V Forcedriver

NDMC hikes iron ore prices by up to 22 per cent

KOLKATA: National Mineral Development Corporation (NMDC) Limited, the country's largest mining company, has raised prices of iron ore with effect from January 2, 2017.

You can read more here: NDMC hikes iron ore prices by up to 22 per cent

Impact of interconnect norms for telcos not to be severe: Vikas Halan, Moody's Investor Service

Talking to ET Now, Vikas Halan, Moody's Investor Service , says initially the larger telecom players like Bharti and Idea and Vodafone combined would have higher traffic coming in than going out, but that will change in a couple of years.

You can read more here: Impact of interconnect norms for telcos not to be severe: Vikas Halan, Moody's Investor Service

Klein Voltage Tester Review

Electricians trust Klein Tools more than any other brand out there.  Don’t believe me, check out any electricians tool bag and see for yourself.  Klein has been making tools for over 150 years.  To me, that says a lot about a company.

You can read more here: Klein Voltage Tester Review

Govt introduces 45kg urea bags in place of 50kg to cut demand

The government today said it has introduced 45kg bag of urea in place of existing 50 kg bag with a view to bringing down the consumption by 10 per cent. This decision was taken in September. Urea manufacturers have been given six months for smooth implementation.

You can read more here: Govt introduces 45kg urea bags in place of 50kg to cut demand

Despite a weaker dollar, rupee to remain range-bound in H1: Devesh Divya, Standard Chartered Bank

In an interview with ET Now, Devesh Divya, Standard Chartered Bank , says US yield curve will continue to flatten, US term premier remains negative and these are really excellent conditions for emerging markets.

You can read more here: Despite a weaker dollar, rupee to remain range-bound in H1: Devesh Divya, Standard Chartered Bank

L&T wins Rs 1,454-crore contracts including in Egypt

NEW DELHI: Infrastructure major Larsen & Toubro (L&T) today said its construction arm has won contracts worth Rs 1,454 crore including one in Egypt.

You can read more here: L&T wins Rs 1,454-crore contracts including in Egypt

In 2018, small cap will continue to outperform large cap: Sunil Subramaniam, Sundaram MF

Talking to ET Now, Sunil Subramaniam , CEO, Sundaram Mutual Fund , says the PE rerating story is approaching its end but the earnings growth driver for small and midcaps is economy and that is poised for a take-off.

You can read more here: In 2018, small cap will continue to outperform large cap: Sunil Subramaniam, Sundaram MF

PSU banks may outperform pvt banks in next one year: Manish Sonthalia, Motilal Oswal AMC

Talking to ET Now, Manish Sonthalia, Motilal Oswal AMC - PMS, says that while PSU banks are tactical buys for next one year, over a three-year period, the private sector banks are still going to win hands down.

You can read more here: PSU banks may outperform pvt banks in next one year: Manish Sonthalia, Motilal Oswal AMC

RINL's April-December turnover zooms to Rs 11,405 crore

NEW DELHI: Rashtriya Ispat Nigam Ltd(RINL) registered a growth in all areas of operations including the turnover which stood at Rs 11,405 crore during April-December of 2017, the PSU said.

You can read more here: RINL's April-December turnover zooms to Rs 11,405 crore

Glencore sells Australian coal mine to Gupta's GFG Alliance

SYDNEY: Glencore has agreed to sell one of two Australian coal mines it put up for sale last year to British industrialist Sanjeev Gupta's GFG Alliance for an undisclosed sum, the two companies said separately on Tuesday.

You can read more here: Glencore sells Australian coal mine to Gupta's GFG Alliance

We need to balance consumer comfort, government budget and HPCL’s financials: MK Surana

In an interview with ET Now, MK Surana , CMD, HPCL, says in MS and HDS price, the long -term view and the international prices are taken into account while adjusting the prices on a regular basis.

You can read more here: We need to balance consumer comfort, government budget and HPCL’s financials: MK Surana

Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI

NCLT is not the panacea for all bad loans, but with defaulting promoters being made to increasingly realise that they are not irreplaceable, the dedicated recovery framework should discourage cavalier risk-taking, forcing companies to deleverage and create sufficient reserves, State Bank of India (S

You can read more here: Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI

Government relaxes norms for rectification of returns under GST

NEW DELHI: The Finance Ministry has permitted businesses to rectify mistakes in their monthly returns - GSTR-3B - and adjust tax liability, a move that will help them file correct returns without fear of penalty.

You can read more here: Government relaxes norms for rectification of returns under GST

Rs 15,000 crore of existing inventory will help DLF stick to policy of selling ready property: Ashok Tyagi

Talking to ET Now, Ashok Tyagi , CFO, DLF , says policy of selling something which is either ready or there is a 100% commitment of it being ready in a stipulated timeframe will stretch balance sheet a bit but the inventory will help.

You can read more here: Rs 15,000 crore of existing inventory will help DLF stick to policy of selling ready property: Ashok Tyagi

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An open letter from Arianna Huffington to India

One of the biggest news storylines of 2017 was about the role technology plays in all aspects of our lives. As we begin 2018, looking ahead at a new year with resolutions for a better life, it's time to examine and recalibrate our relationship with technology.

You can read more here: An open letter from Arianna Huffington to India

Indian markets are not signalling that we are close to a top: Ramesh Damani

I n an interview with ET Now, Ramesh Damani, Member, BSE , says old favourites of this bull markets, the small-cap, the midcap, some of the larger caps will continue to perform and delight investors.

You can read more here: Indian markets are not signalling that we are close to a top: Ramesh Damani

Govt may offer tax boost for angel investors

NEW DELHI: In what may come as a boost for startups, the government may remove tax hurdles for angel investors grappling with notices, which have forced them to slow down fresh investments in recent months.

You can read more here: Govt may offer tax boost for angel investors

Beating Google, Tesla, this startups self-driving truck is all set to hit Indian roads

Name of the Company: Flux Auto Name of Founder (s): Pranav Manpuria and Abhishek Gupta City: Bengaluru Revenues: NA Headcount: 24 Industry: Autonomous vehicles Investors Details & Amount raised: Bootstrapped While the global giants may have decided to stay away from the dust and pothole-ridde

You can read more here: Beating Google, Tesla, this startups self-driving truck is all set to hit Indian roads

We may be looking at marginal rupee appreciation as a counter to inflation: Brijen Puri, JP Morgan

Talking with ET Now, : Brijen Puri, JP Morgan , says as long as the dollar behaves the way it is and there is no global volatility, the rupee should continue to perform the way it is. Edited excerpts: What is leading to the rupee strength? We have managed to hit a five-month high.

You can read more here: We may be looking at marginal rupee appreciation as a counter to inflation: Brijen Puri, JP Morgan

Elon Musk made his name a household word. Who was he?

A Tesla is an electric car. Just about everybody knows that. But it is less widely known that the car was named for Nikola Tesla, an electrical engineer who was once renowned as the prototype of a genius inventor.

You can read more here: Elon Musk made his name a household word. Who was he?

Crude above $70 will be negative but a stable rupee will offset effect: Yogesh Mehta, Motilal Oswal Securities

Talking to ET Now, Yogesh Mehta, Motilal Oswal Securities , says at this point not worried about the inching up of crude prices.

You can read more here: Crude above $70 will be negative but a stable rupee will offset effect: Yogesh Mehta, Motilal Oswal Securities

Coal India achieves near 8 per cent sales growth

KOLKATA: Coal India has achieved a 7.6% growth in sales during April-December 2017 against the previous corresponding period when it achieved a 0.6% growth. During this period, Coal India sold almost 421 million tonnes of coal reducing pithead inventory by about 37.5 million tonnes.

You can read more here: Coal India achieves near 8 per cent sales growth

Google’s new artificial intelligence talks like you, me and everyone

SAN FRANCISCO: In a major step towards its "AI first" dream, Google has developed a text-to-speech artificial intelligence (AI) system that will confuse you with its human-like articulation.

You can read more here: Google’s new artificial intelligence talks like you, me and everyone

Industrial IoT startups to drive next wave of growth: Report

While wearables and devices have been the darling of investors in the IoT sector, going forward, industrial IoT startups will drive the next wave of growth, say the Zinnov Zones 2017 IoT Technology and Services report.

You can read more here: Industrial IoT startups to drive next wave of growth: Report

Five revolutionary technology that is still under the radar

Predicting what technology will become hot this year is like predicting which TV show will be a hit. Technologies like cryptocurrency and AI made headlines in 2017 and will continue to make news in 2018.

You can read more here: Five revolutionary technology that is still under the radar

Last year's bumpy ride still jolts tech-based logistics startups

BENGALURU: For tech-based logistics startups BlackBuck and Rivigo, financial year 2016-17 was marked by heavy costs from expansion, as well as a hit from demonetisation, which led to a slower growth overall for the companies.

You can read more here: Last year's bumpy ride still jolts tech-based logistics startups

Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI

NCLT is not the panacea for all bad loans, but with defaulting promoters being made to increasingly realise that they are not irreplaceable, the dedicated recovery framework should discourage cavalier risk-taking, forcing companies to deleverage and create sufficient reserves, State Bank of India (S

You can read more here: Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI

India has answers to the biggest question of our time: Arianna Huffington

BENGALURU: Young Indians are falling prey to depression in larger numbers, spurring concern at the highest levels about the spread of mental health problems that has been likened to an ‘epidemic’.

You can read more here: India has answers to the biggest question of our time: Arianna Huffington

Flipkart to focus on higher monthly active users in 2018

BENGALURU: Homegrown online retail market leader Flipkart believes that it has made competition irrelevant in 2017 and that the company will now focus on increase in the monthly active transacting customers as the key metric, going forward, said Flipkart CEO Kalyan Krishnamurthy in an interview to E

You can read more here: Flipkart to focus on higher monthly active users in 2018

SAIL banking on staff support for quick turnaround

Welcoming 2018, Chairman PK Singh today asked the employees to expedite the pace of the company's turnaround as it has been posting losses since 2015 -16. Enthusing them to take charge of their destinies and write a new future for the company, he said SAIL has overcome most of the difficulties.

You can read more here: SAIL banking on staff support for quick turnaround

Gayatri Projects wins Rs 583-crore highway project from NHAI in Odisha

This is in addition to a Rs 1,139-crore project awarded on December 20 last year in a joint venture with public joint stock company Kyivmetrobud under the Bharatmala project.

You can read more here: Gayatri Projects wins Rs 583-crore highway project from NHAI in Odisha

RINL reports 30% growth in turnover at Rs 11,405 crore in April-Dec 2017

RINL which runs the Visakhapatnam Steel Plant has reported a 30% growth in turnover to Rs 11,405 crore in April-December 2017 riding on higher production and sales during the period. Production of hot metal went up to 3.

You can read more here: RINL reports 30% growth in turnover at Rs 11,405 crore in April-Dec 2017

Happy New Years Day From Tools in Action

On one hand, it has been a long year, on the other hand, it flew by.  OK, maybe I had too much beer last night and still trying to figure out what day it is.  We hope you have a great year going forward and enjoy every minute.  Start your year out right and watch some classic Fails.

You can read more here: Happy New Years Day From Tools in Action

SAIL chairman urges employees to accelerate pace of turnaround

Steel Authority of India Ltd (SAIL) chairman, P K Singh has exhorted employees to complete the company's remaining modernisation and expansion projects while urging them to accelerate the pace of turnaround.

You can read more here: SAIL chairman urges employees to accelerate pace of turnaround

2018 could see revival in IT space: Deepak Jasani, HDFC Securities

Talking to ET Now, Deepak Jasani , Head, Retail Research, HDFC Securities , says the IT sector and Infosys has been an underperformer so far in terms of the index. This year may see a revival in IT space, specially Infosys.

You can read more here: 2018 could see revival in IT space: Deepak Jasani, HDFC Securities

BSE has been ready to offer commodities for almost 2.5 years now: Ashish Kumar Chauhan

In an interview with ET Now, Ashish Kumar Chauhan , MD & CEO, BSE, says they have all the technologies, clearing settlements and production fund and other things and can go live once they launch in October 2018. What do you make of the convergence for the new exchanges.

You can read more here: BSE has been ready to offer commodities for almost 2.5 years now: Ashish Kumar Chauhan

SCCL targets 85 million ton coal production in next 5 years

HYDERABAD: Singareni Collieries Company Limited (SCCL), a state-owned miner, today said it expects the coal production to touch 85 million tonnes per annum in the next five years as it plans to open up 12 new mines. According to a statement issued by SCCL, the miner transported 46.

You can read more here: SCCL targets 85 million ton coal production in next 5 years

Next 8-9 months, we will evaluate all the asset classes: Mrugank Paranjape, MCX

The Securities & Exchanges Board of India (Sebi) board last week took the decision to grant universal licences for exchanges which means players like you have a huge opportunity.

You can read more here: Next 8-9 months, we will evaluate all the asset classes: Mrugank Paranjape, MCX