Tuesday, 6 March 2018

Freeze Rubber Sander Drums First For Easier Sleeve Installation


Installing small diameter sandpaper sleeves on my spindle sander’s rubber drums is usually pretty easy, but the job is more challenging with larger diameter drums. To make these sleeves easier to install, I put the rubber drum in the freezer overnight, which shrinks the rubber.

You can read more here: Freeze Rubber Sander Drums First For Easier Sleeve Installation

Final call on JSW-AION bid for Monnet Ispat likely in fortnight


NEW DELHI: A final decision on the lone bid for debt-laden Monnet Ispat and Energy Ltd is likely to be taken within a fortnight, a source in the know of the development said.

You can read more here: Final call on JSW-AION bid for Monnet Ispat likely in fortnight

Snow Shovel for Shop Cleanup


Not all of us have the room or the budget for a dedicated dust collector, so sawdust and shavings fall to the floor. If bending over to clean it up with a dust pan gets tiring or is difficult for you, do what I do: just sweep it into a snow shovel instead.

You can read more here: Snow Shovel for Shop Cleanup

Bhushan Power resolution plan by month-end: Khandelwal


The resolution plan for Bhushan Power and Steel, facing insolvency proceedings, is likely to be finalised this month, the IRP for the firm Mahender Kumar Khandelwal said today.

You can read more here: Bhushan Power resolution plan by month-end: Khandelwal

Commercial coal mining can cut import bill by Rs 30,000 crore: Crisil


KOLKATA: Centre’s move to allow private sector to commercially mine coal will boost both production and mining efficiency. Substitution of imported non-coking coal with domestic production could save roughly Rs 30,000 crore of coal imports, CRISIL has estimated.

You can read more here: Commercial coal mining can cut import bill by Rs 30,000 crore: Crisil

JET® ProShop™ Table Saw


JET has made numerous user-friendly upgrades to its hybrid ProShop Table Saw, such as a newly designed arbor lock that makes blade changes quick and easy. It also now has a clear-view blade guard assembly with separate leaves that function independently of one another.

You can read more here: JET® ProShop™ Table Saw

How Should Oilstones be Cleaned, Flattened?


Over the years I’ve acquired several oilstones for sharpening. They do not hone very well due to the buildup of oil and grime. Is there any way to clean up these stones make them usable again, and can they be re-flattened? – Ted Holm

You can read more here: How Should Oilstones be Cleaned, Flattened?

mjunction to e-distribute coal for Bihar State Mining Corporation


KOLKATA: After West Bengal and Maharashtra, mjunction services limited is all set to implement e-distribution of coal in Bihar.

You can read more here: mjunction to e-distribute coal for Bihar State Mining Corporation

Blockchain major ConsenSys inks Mou with AP, to set up academy


HYDERABAD: New York-based ConsenSys on Tuesday announced the setting up of an institute on blockchain in Andhra Pradesh as part of a memorandum of understanding (MoU) signed with the state government to develop blockchain-centric education programmes.

You can read more here: Blockchain major ConsenSys inks Mou with AP, to set up academy

Liquidity infusion may not trigger a meaningful rally in bond markets: Vivek Rajpal


In a chat with ET Now, Vivek Rajpal of Nomura says the infusion of liquidity is a step in the right direction, but not enough for bond markets to react. Let us talk a little bit about the liquidity boost for the banks.

You can read more here: Liquidity infusion may not trigger a meaningful rally in bond markets: Vivek Rajpal

This is the right time to get aggressive and push for rightful market share: Bharat Madan, Escorts


In an interview with ET Now, Bharat Madan , Financial Controller at Escorts , says their portfolio is good enough to cater to any geography or any application on a pan-India basis.

You can read more here: This is the right time to get aggressive and push for rightful market share: Bharat Madan, Escorts

GrabOnRent partners with international manufacturers to strengthen furniture portfolio


MUMBAI: Product rental marketplace GrabOnRent has partnered with international manufacturers in a bid to strengthen its furniture portfolio.

You can read more here: GrabOnRent partners with international manufacturers to strengthen furniture portfolio

ArcelorMittal safe from Trump's import tariff hike: Moody’s Investor Service


KOLKATA: Moody’s Investor Service has said ArcelorMittal is likely to be protected by direct manufacturing presence in the US, despite its high exposure in that country where it generated 21% of its sales in 2017.

You can read more here: ArcelorMittal safe from Trump's import tariff hike: Moody’s Investor Service

Trai mandate is to create a level playing field: RS Sharma


In an interview with ET Now, RS Sharma , Chairman, Trai , says incumbents are trying to discredit Trai but this tariff order is the result of a consultative process of one full year which they were paty to.

You can read more here: Trai mandate is to create a level playing field: RS Sharma

Paytm unveils 'Paytm for Business' mobile app for TN


CHENNAI: Mobile wallet company Paytm has come out with an business application aimed at serving merchants in Tamil Nadu who can track payments, navigate past collections and can also make settlements instantly.

You can read more here: Paytm unveils 'Paytm for Business' mobile app for TN

Werner Platform Review


How many times have you been working on a project and only need to reach up a couple more feet?  We have all been there where we have to grab a ladder out and end up walking up a couple of steps, down a couple of steps and then moving the ladder only to repeat it over and over again.

You can read more here: Werner Platform Review

Moody's upgrades JSW Steel's corporate family rating


KOLKATA: Moody's Investors Service has upgraded JSW Steel Limited's corporate family rating (CFR) and senior unsecured bond rating to Ba2 from Ba3 on hopes of improved sales driven by growing domestic demand.

You can read more here: Moody's upgrades JSW Steel's corporate family rating

Not trade war, these 2 factors pose bigger risks for Indian market: V Srivatsa, UTI MF


Talking to ET Now, V Srivatsa , EVP & Fund Manager (Equities), UTI MF , says though it is true that spectre of trade war will raise volatility in short to medium term, macro factors and fear of lack of earnings growth are bigger risks in the market.

You can read more here: Not trade war, these 2 factors pose bigger risks for Indian market: V Srivatsa, UTI MF

IDG Ventures receives investment from Cisco


BENGALURU: Cisco Investments has infused money into IDG Ventures India’s third fund. IDG Ventures India will continue to invest in deep tech startups in the software/SaaS space apart from consumer, fintech and healthtech.

You can read more here: IDG Ventures receives investment from Cisco

How to Get Rid of Black stains on an Exterior Door


In the October, 2017 issue of Popular Woodworking, page 10, I answered a question from a reader concerning how to handle paint on an exterior door that was beginning to lift at the cross-grain joints where water was able to get in and work its way underneath.

You can read more here: How to Get Rid of Black stains on an Exterior Door

Expecting defence space foray to give us $0.5 bn-$1 bn in revenue: Gopal Mahadevan


In a chat with ET Now, Gopal Mahadevan, CFO, Ashok Leyland , talks about how demand is increasing in the commercial vehicles industry and how his company is prepared to cater to that demand. Edited excerpts: Demand view has been very strong this quarter.

You can read more here: Expecting defence space foray to give us $0.5 bn-$1 bn in revenue: Gopal Mahadevan

Trudeau India Visit: Lessons for Foreign Investors


India is large, very diverse, and has a lot of sensitivities – understanding these cultural and political nuances is key to doing business successfully in the country. The article highlights the recent visit by Canadian PM Trudeau as a useful case study.

The post Trudeau India Visit: Lessons for Foreign Investors appeared first on India Briefing News.

We are contemplating a 7-8% price hike this year: B Krishna Rao, Parle


Talking to ET Now, B Krishna Rao , Category Head, Parle Products, delves into the trends in the biscuit market, the contracting glucose biscuits market, and the biscuit categories that are likely to grow.

You can read more here: We are contemplating a 7-8% price hike this year: B Krishna Rao, Parle

Bond yield hardening due to technical reasons, should come down: Neelkanth Mishra, Credit Suisse


Talking to ET Now, Neelkanth Mishra, Credit Suisse , says the bond yield increase is non-fundamental in nature and should come down over time.

You can read more here: Bond yield hardening due to technical reasons, should come down: Neelkanth Mishra, Credit Suisse

Monday, 5 March 2018

We’ll see GDP & corporate earnings growth this year: Anup Maheshwari, DSP BlackRock MF


The year 2018 is going to be a year of growth, which means there will be both corporate earnings as well as GDP growth, said Anup Maheshwari , chief investment officer (equities), DSP BlackRock Mutual Fund .

You can read more here: We’ll see GDP & corporate earnings growth this year: Anup Maheshwari, DSP BlackRock MF

Capgemini has Rs 4,000 crore to buy 10 small companies


BENGALURU: Capgemini plans to spend €500 million (about Rs 4,000 crore) to buy 10 smaller firms to bolster capabilities in emerging areas such as digital and analytics and gain market share in a changing business environment. The Paris headquartered €12.

You can read more here: Capgemini has Rs 4,000 crore to buy 10 small companies

Urban youth reach out for e-wallets


89% of the people surveyed said that they use mobile wallets.

You can read more here: Urban youth reach out for e-wallets

SoftBank in talks with Paytm Mall for a Rs 3,000 crore round


BENGALURU: Japan’s SoftBank is in advanced talks to lead a new round of funding of Rs 3,000 crore in Paytm Mall, according to two sources familiar with the development, as the latter beefs up its fund-raising to take on rivals Flipkart and Amazon.

You can read more here: SoftBank in talks with Paytm Mall for a Rs 3,000 crore round

How more and more women are turning entrepreneurs while managing family along the way


Back in October 2016 when Ruchi Deepak was applying for an insurance licence to kick start her entrepreneurial journey, she had twins the same month. Looking after newborns, running the house did not deter her determination to co-start Acko General Insurance.

You can read more here: How more and more women are turning entrepreneurs while managing family along the way

Ola in talks with Temasek to add up to $1 billion to war chest


BENGALURU: India’s largest ridehailing application Ola is in talks with Singapore’s sovereign wealth fund Temasek and other investors to add $500 million-$1 billion to its war chest, according to people familiar with the development.

You can read more here: Ola in talks with Temasek to add up to $1 billion to war chest

Whitewood furniture sells company to employees


THOMASVILLE, N.C. — Whitewood Industries, a manufacturer and distributor of case goods, home furniture, and contract furnishings, has sold its privately-owned company to its employees through an Employee Stock Ownership Plan (ESOP).

You can read more here: Whitewood furniture sells company to employees

After losing China, Jeff Bezos really wants to win in India


Having forfeited China to Alibaba and JD.com, Jeff Bezos is determined to win in India, a market of 1.3 billion people who at long last are discovering the pleasures of shopping. Amazon.com Inc.’s chief has committed $5.5 billion to India and selected Amit Agarwal to spend it wisely.

You can read more here: After losing China, Jeff Bezos really wants to win in India

JM Financial interested in financing incomplete Unitech projects


Unitech, the developer named in a cheating case by home buyers, informed the Supreme Court on Monday that JM Financial Asset Reconstruction Company is interested in financing its projects that are under construction.

You can read more here: JM Financial interested in financing incomplete Unitech projects

Essar Steel creditors' panel meeting with IRP deferred


NEW DELHI: The meeting between the debt-laden Essar Steel's committee of creditors (CoC) and the Insolvency Resolution Professional (IRP) has been deferred to Wednesday, sources said.

You can read more here: Essar Steel creditors' panel meeting with IRP deferred

TiEcon Ahmedabad 2018 to focus on fintech, big data, AI and next-gen initiatives & opportunities


AHMEDABAD: TiEcon Ahmedabad 2018 to hold the third edition of the yearly entrepreneurial conference organised by TiE Ahmedabad, along with NASSCOM on Friday. TiEcon Ahmedabad aims to foster an ecosystem for India’s brightest entrepreneurs, change-makers and experts.

You can read more here: TiEcon Ahmedabad 2018 to focus on fintech, big data, AI and next-gen initiatives & opportunities

Commissioning of Nagarnar steel plant: NMDC switches on a 220KV sub-station


KOLKATA: Public sector mining major NMDC took the first decisive step towards the commissioning of its upcoming Rs 15,000-crore steel plant at Nagarnar in Chhattisgarh by switching on a 220KV sub-station last week.

You can read more here: Commissioning of Nagarnar steel plant: NMDC switches on a 220KV sub-station

We are seeing an overreaction to US tariff imposition: Jonathan Barratt, AyersAlliance


Talking to ET Now, Jonathan Barratt , CIO, AyersAlliance, says the US's tariff imposition may lead to a trade war in some commodities.

You can read more here: We are seeing an overreaction to US tariff imposition: Jonathan Barratt, AyersAlliance

As long as India delivers on reforms front, it should be the market to be in: Manish Singh, Crossbridge Capital


Talking to ET Now, Manish Singh, Crossbridge Capital , says one has to remain constructive and not panic in case there is a trade war.

You can read more here: As long as India delivers on reforms front, it should be the market to be in: Manish Singh, Crossbridge Capital

MedGenome Labs closes Series C funding round at $40 million


NEW DELHI: Genetic diagnostics company MedGenome Labs has closed its Series C round of funding, at $40 million (Rs 266.11 crore), bringing in new investors HDFC Ltd, HDFC Life and HDFC Asset Management, the Bengaluru and California-based venture announced on Monday.

You can read more here: MedGenome Labs closes Series C funding round at $40 million

Warangal gets its TiE, Angels chapter; SRiX opens incubator facility


HYDERABAD: Warangal district of Telangana State is fast catching up on the startup scene as it witnessed the formation of its local chapter of The Indus Entrepreneurs (TiE) and investor network Kakatiya Angels along with the inauguration of SR Innovation Exchange (SRiX), a technology business incuba

You can read more here: Warangal gets its TiE, Angels chapter; SRiX opens incubator facility

Milwaukee Heat Gun Review


Heat guns are one of the overlooked power tools.  It’s an important part of a tradesman arsenal, but you rarely hear someone bragging about their heat gun.  Usually, it’s some old beat up tool that is a no name brand, kind of like glue guns.

You can read more here: Milwaukee Heat Gun Review

Milk is India’s largest crop worth around Rs 6.5 lakh crore, says RS Sodhi of Amul


Talking to ET Now, RS Sodhi , MD, Amul , says in another 50 years, our per capita consumption will be equal to that of the US or Europe for about 800 grams per person per day. There is greater competition as opposed to what was the case perhaps seven years back.

You can read more here: Milk is India’s largest crop worth around Rs 6.5 lakh crore, says RS Sodhi of Amul

Government sets up panel on fintech to make regulations more flexible


NEW DELHI: The finance ministry has set up an 8-member committee to consider various issues related to Fintech for making regulations more flexible and promoting financial inclusion.

You can read more here: Government sets up panel on fintech to make regulations more flexible

India must have continuous reforms for higher growth trajectory: Andreas Bauer, IMF


Talking to ET Now, Andreas Bauer , Head-India, IMF , says upgrading infrastructure, opening up markets, investing in human capital, education and health, I think these are the big items that will determine India's future growth.

You can read more here: India must have continuous reforms for higher growth trajectory: Andreas Bauer, IMF

Zoho CRM introduces first conversational AI for sales teams Zia Voice


CHENNAI: Zoho has launched its first conversational AI for sales teams Zia Voice, along with Catalyst, a hyper-customization platform for enterprises.

You can read more here: Zoho CRM introduces first conversational AI for sales teams Zia Voice

Operational metric of Indian steel companies remains far more robust: Amit Dixit, Edelweiss Securities


Talking to ET Now, Amit Dixit, Edelweiss Securities , talks about the threats that loom on global trade post the US President’s proposal of increasing import tariffs on steel and aluminum. Dixit also explains how Indian steel companies are pretty much insulated from the decision.

You can read more here: Operational metric of Indian steel companies remains far more robust: Amit Dixit, Edelweiss Securities

Aditya Mittal new president of ArcelorMittal


Global steel giant ArcelorMittal today said Aditya Mittal has been appointed as president of the company. This nomination reflects the increasing global strategic role Aditya has across the group, supporting chairman and CEO Lakshmi Mittal, it said.

You can read more here: Aditya Mittal new president of ArcelorMittal

Maximum demand for new vehicles coming from north and east: Umesh Revankar, Shriram Transport Finance


Talking to ET Now, Umesh Revankar , MD & CEO, Shriram Transport Finance , says going forward, they may not be able to expand the margin further but will be able to maintain it.

You can read more here: Maximum demand for new vehicles coming from north and east: Umesh Revankar, Shriram Transport Finance

Happay joins hands with HDFC Bank for a new travel and entertainment management solution


BENGALURU: Business management solution startup Happay has partnered with private sector lender HDFC bank, to launch a new prepaid card linked Travel and Entertainment expense management solution to enable Indian enterprises to manage their business travel expenditure efficiently.

You can read more here: Happay joins hands with HDFC Bank for a new travel and entertainment management solution

Sunday, 4 March 2018

It is easy to raise $1 billion as virtual currency offerings hit a new peak


SAN FRANCISCO: It took Facebook seven years to raise $1 billion from investors. Uber did it in five. The messaging company Telegram has been around since 2013, but never tried to raise significant money until late last year.

You can read more here: It is easy to raise $1 billion as virtual currency offerings hit a new peak

RBI’s April interoperability deadline to stay for eWallets


BENGALURU: The Reserve Bank of India (RBI) is likely to stick to its target of making digital wallets interoperable by April despite allowing payment companies two additional months to comply with its customer verification requirement, said two bankers aware of the matter.

You can read more here: RBI’s April interoperability deadline to stay for eWallets

Trade war fears could see choppy markets, weak dollar: Peter Cardillo, First Standard Financial


Talking to ET Now, Peter Cardillo, First Standard Financial , says even if there is a watered-down situation, it is still going to be a negative and trade wars are a no-win situation for everyone.

You can read more here: Trade war fears could see choppy markets, weak dollar: Peter Cardillo, First Standard Financial

Opportunity for India to leap ahead of others in AI capabilities


NEW DELHI: India has an opportunity to create a locally designed Artificial Intelligence plan that would work for its needs and help nurture world-dominating companies specialising in this emerging field, say experts.

You can read more here: Opportunity for India to leap ahead of others in AI capabilities

Pai family, others put Rs 13.5 crore in Wellthy Therapeutics


MUMBAI: Digital therapeutics firm Wellthy Therapeutics has raised Rs 13.5 crore ($2.

You can read more here: Pai family, others put Rs 13.5 crore in Wellthy Therapeutics



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Fund flows into India to be healthy despite LTCG tax: John Praveen, Pramerica


Notwithstanding the concerns about high valuations and elevated oil prices, the Indian stock market is likely to benefit from recovery in earnings, strong fund flows and supportive government policies, said John Praveen , chief investment strategist at Pramerica International Investments .

You can read more here: Fund flows into India to be healthy despite LTCG tax: John Praveen, Pramerica

Sequoia puts $6m in NBFC lending company Finova Capital


NEW DELHI: Jaipur-based Finova Capital, an NBFC lending to small businesses and service providers in small towns and rural areas, has raised $6 million from Sequoia India. The lender will utilise the funds raised for expanding operations, investment in technology and talent acquisition.

You can read more here: Sequoia puts $6m in NBFC lending company Finova Capital

Big churn at Rivigo’s top floor as the logistics firm faces management crisis


BENGALURU: Rivigo is facing a management crisis with more than a half dozen c-suite, senior and mid-level executives leaving the logistics startup recently, according to four people familiar with the developments.

You can read more here: Big churn at Rivigo’s top floor as the logistics firm faces management crisis

Trump’s trade hurdles may cause a steel glut in India, rattle producers


US President Donald Trump’s proposed policy on steel, of which his country is the planet’s biggest importer, may cause a supply glut in India, with shipments originally bound for Washington likely to end up at seaports of the world’s fastest-expanding major economy if they can’t hurdle acros

You can read more here: Trump’s trade hurdles may cause a steel glut in India, rattle producers

Numetal ready to even drop Ruias to acquire Essar Steel


Having Rewant Ruia’s Aurora Investments as a minority shareholder of Numetal doesn’t contravene the rules, said Makram Abboud, vice-chairman, international, VTB Capital, citing legal opinions that have been obtained.

You can read more here: Numetal ready to even drop Ruias to acquire Essar Steel

KIAL-Electronic City heli taxi service starts tomorrow


BENGALURU: Kochi-based Thumby Aviation Private Limited is all set to launch first-of-its-kind helicopter taxi service tomorrow connecting a couple of locations from Kempegowda International Airport here.

You can read more here: KIAL-Electronic City heli taxi service starts tomorrow

Taxing IP is a big disincentive for R&D: Cummins CEO


American diesel engine maker Cummins Inc, which over the weekend opened its largest technical centre in Pune at an investment of Rs 1,500 crore, has termed the tax on intellectual property (IP) as a big "disincentive", even though it is bullish on India.

You can read more here: Taxing IP is a big disincentive for R&D: Cummins CEO

QuikrRealty expects about Rs 10,000 crore in sales


Pranay Chulet: "In essence, our strategy is to marry the capabilities of acquired companies with the large consumer demand that comes to Quikr as an overall platform.

You can read more here: QuikrRealty expects about Rs 10,000 crore in sales

GMR-Megawide submits $3b proposal for Manila airport expansion


HYDERABAD: The GMR-Megawide consortium that manages the Mactan-Cebu international airport in the Philippines has submitted a USD 3-billion proposal to decongest and redevelop the Ninoy Aquino international airport in Manila.

You can read more here: GMR-Megawide submits $3b proposal for Manila airport expansion

How to Make a Cloud Lifted Ebony Spline


Greene & Greene (G&G) breadboard ends are never flush with the edge or top of a table top.  This proud look is then capped with a polished Ebony spline embedded in a mortise between the breadboard end and the table top infield.

You can read more here: How to Make a Cloud Lifted Ebony Spline

All party delegation from Goa to seek continuation of iron ore mines


An all party delegation from Goa will approach the Centre on Monday, March 5 with a demand to ensure that iron ore mining is allowed to continue in the state after March 16.

You can read more here: All party delegation from Goa to seek continuation of iron ore mines

Saturday, 3 March 2018

4 commandments a woman founder should remember to get funds and keep their startup going


I like elephants. A she elephant always leads the herd, no questions asked. But in the world of startups, where sometimes founders are bigger than the idea, the first question that gets asked is: Who are the founders? Fair enough.

You can read more here: 4 commandments a woman founder should remember to get funds and keep their startup going

SAIL's growth up 9% in February, to ramp up production


The new mills at the company's other plant locations are being rapidly ramped up and stabilised for harnessing the entire potential of these facilities.

You can read more here: SAIL's growth up 9% in February, to ramp up production

Terminals Industry Plans Record Level of Capital Project Kickoffs in 2018-19


SUGAR LAND--February 27, 2018--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The surge in North American crude oil, natural gas and natural gas liquids (NGL) production has triggered a corresponding surge in capital construction plans in the Terminals Industry, where devel

You can read more here: Terminals Industry Plans Record Level of Capital Project Kickoffs in 2018-19

Friday, 2 March 2018

India may not feel the heat of US steel tariff


KOLKATA: US president Donald Trump’s decision to impose a 25% tariff on steel imports is a concern but will have a bigger impact on China and Europe than on India, the government said.

You can read more here: India may not feel the heat of US steel tariff

ArcelorMittal forms a JV with Nippon for Essar Steel


KOLKATA | MUMBAI: ArcelorMittal said it has formed a joint venture with Japan’s Nippon Steel and Sumitomo Corp (NSSMC) as part of its bid to acquire Essar Steel.

You can read more here: ArcelorMittal forms a JV with Nippon for Essar Steel

Stanley Furniture completes sale to Churchill Downs, changes name to HG Holdings


HIGH POINT, N.C. - Stanley Furniture Co. Inc. has completed the sale of substantially all of its assets to Churchill Downs LLC. As part of the agreement, the longtime residential furniture manufacturer is changing its name to HG Holdings Inc.

You can read more here: Stanley Furniture completes sale to Churchill Downs, changes name to HG Holdings

Flipkart’s parent invests Rs 4,472 crore in wholesale arm


BENGALURU: The Singapore-based parent of Flipkart has invested Rs 4,472 crore in its wholesale arm in the single-largest fund injection into any of its units in the past few years as it steps up financing to take on USbased Amazon and China’s Alibaba in India.

You can read more here: Flipkart’s parent invests Rs 4,472 crore in wholesale arm

Auto components industry to register 13-15% growth in FY18: ICRA


The auto components industry is expected to register a higher growth of 13-15 per cent in the current fiscal on the back of robust demand from domestic original equipment manufacturers (OEMs), rating agency Icra said.

VIDEO: How to Use a Shop-Made Track Saw Jig


We designed and built a jig that makes your track saw even easier to use. This track saw jig makes it easy to make repeatable angled cuts and cross cuts. It features a fence mounted in two t-tracks. Any t-track can be mounted to this jig.

You can read more here: VIDEO: How to Use a Shop-Made Track Saw Jig

PROJECT: Rippling Water Shelf


Concentric circles — created with a circle-cutting jig — echo water’s ripple effect on this painted wall shelf.

You can read more here: PROJECT: Rippling Water Shelf

Simple Tips for Refreshing Your Home Décor for Springtime


As the snow melts away and the temperatures start to rise, the entrance into springtime feels like coming out of a fog. Gone are the gray and blustery days – they’ve been replaced by the sounds of songbirds, the warm spring breeze, and the growth of new life everywhere you look.

You can read more here: Simple Tips for Refreshing Your Home Décor for Springtime

Easy DIY Organization Hacks for Your Playroom


A child’s playroom is a magical place – a place where the imagination comes to life and anything is possible. Unfortunately, it can also be a place of clutter where no amount of effort results in a long-lasting solution.

You can read more here: Easy DIY Organization Hacks for Your Playroom

The Top 6 Essential Gardening Tips for Spring


When spring finally arrives, you probably want to take every opportunity you have to enjoy your outdoor living spaces. Unfortunately, winter can be rough on your landscaping so you may need to do some work to bring things back up to snuff once the snow melts.

You can read more here: The Top 6 Essential Gardening Tips for Spring

Milwaukee Cushion Grip Screwdriver Review


Milwaukee is making a name in the hand tool market with their large product line.  In the past we have checked out a wide variety of screwdrivers, check out our Milwaukee Screwdriver Review and the Milwaukee 11 in 1 Driver Review.

You can read more here: Milwaukee Cushion Grip Screwdriver Review

L&T slashes cost for Shivaji Memorial in Arabian Sea off Mumbai


In a major climbdown, infra-major Larsen & Toubro ( & T ) has drastically Lslashed the estimated project cost for the proposed Chhatrapati Shivaji Maharaj Memorial in the Arabian Sea off Mumbai, and consequently was awarded the Letter of Acceptance (LoA) by Maharashtra government this week.

You can read more here: L&T slashes cost for Shivaji Memorial in Arabian Sea off Mumbai

SMEs to create jobs in India: Chris Zook, Bain's global strategy co-head


Chris Zook, co-head of the global strategy practice for nearly 20 years at consulting firm Bain & Company, has been helping companies find new sources of growth.

You can read more here: SMEs to create jobs in India: Chris Zook, Bain's global strategy co-head

ArcelorMittal forms JV with Nippon Steel to acquire Essar Steel


Lakshmi Mittal-led ArcelorMittal has announced a joint venture with Japanese steel major Nippon Steel and Sumitomo Corporation to acquire Essar Steel in India, after its Indian subsidiary ArcelorMittal India Pvt. Ltd submitted a resolution plan on February 12.

You can read more here: ArcelorMittal forms JV with Nippon Steel to acquire Essar Steel

Thursday, 1 March 2018

Customers threaten to dump e-wallets as KYC norms kick in


India’s mobile wallet companies are seeing red as angry customers threaten to stop using these digital platforms, which are struggling to comply with regulatory norms that required them to complete the verification of transacting customers on the last day of February.

You can read more here: Customers threaten to dump e-wallets as KYC norms kick in

Residential furniture orders drop 9% in December


HIGH POINT, N.C. - Despite gains in October and November, residential furniture orders dropped 9% in December compared to the year prior,  according to the latest Furniture Insights survey of residential furniture manufacturers and distributors from Smith Leonard.

You can read more here: Residential furniture orders drop 9% in December

Coal India output rises marginally to 54.4MT in February; misses target


Coal India production edged up to 54.46 million tonnes in February 2018 compared to the same month last year but missed the target of 61.43 million tonnes. Coal offtake also improved by 4 per cent to 49.97 million tonnes (MT) in the month under review but lagged the targeted volume of 52.

You can read more here: Coal India output rises marginally to 54.4MT in February; misses target

Fuming a Finish – Cool but Dangerous!


I’ve enjoyed building Arts & Crafts furniture for a number of years. The look of the quarter-sawn oak after finishing has always been a strong selling point – a common approach is a historical finishing process called fuming.

You can read more here: Fuming a Finish – Cool but Dangerous!

Zomato co-founder Pankaj Chaddah quits as it shuffles top management


MUMBAI & NEW DELHI: 10 years after he co-founded Zomato, Pankaj Chaddah has hung his boots at the food technology firm in what is the first of its kind instance of a founder leaving a unicorn startup in recent times.

You can read more here: Zomato co-founder Pankaj Chaddah quits as it shuffles top management

Larsen & Toubro bags Shivaji statue contract for Rs 2,500 crore


MUMBAI: The 210-metre-high statue of the Maratha warrior king Shivaji has moved closer to reality with the state government finally awarding the contract to build the much-delayed memorial in the Arabian Sea to engineering major Larsen & Toubro (L&T).

You can read more here: Larsen & Toubro bags Shivaji statue contract for Rs 2,500 crore

Maker Spotlight: Jen Woodhouse, Jimmy DiResta and Ben Uyeda


Online publishing has made it much easier for anyone to share their building tips and projects. But as the costs were removed, in some cases, so were the quality filters.

You can read more here: Maker Spotlight: Jen Woodhouse, Jimmy DiResta and Ben Uyeda

Expect a constant negative bias as we go along: UR Bhat, Dalton Capital Advisors


Talking to ET Now, UR Bhat, Dalton Capital Advisors , says for the next quarter or two, there would be further pain as far as NPAs are concerned. Edited excerpts: We have been seeing a lot of volatility, very violent moves coming by in the markets of late.

You can read more here: Expect a constant negative bias as we go along: UR Bhat, Dalton Capital Advisors

India's outback coal bets sour as global prices recover


Australian mining legend Lang Hancock’s dream four decades ago of exporting coal from the country’s remote Galilee Basin is becoming a nightmare for two Indian conglomerates.

You can read more here: India's outback coal bets sour as global prices recover

Success of the rural story helped by a good monsoon could lift consumption sentiment: SK Ghosh, SBI


In a chat with ET Now, SK Ghosh, SBI , explains the Indian growth story and how a growing fiscal deficit might transform into a revival of investment activity in the country.

You can read more here: Success of the rural story helped by a good monsoon could lift consumption sentiment: SK Ghosh, SBI

Ridgid Impact Screwdriver Review


Have you ever had to drive a screw in a hard to reach place and just wished someone would come up with a simple solution to your situation?  Well, Ridgid has come up with a cordless option that just might work for you.  Let’s take a look at the Ridgid Impact Screwdriver Review.

You can read more here: Ridgid Impact Screwdriver Review

L&T's construction arm wins orders worth Rs 1,593 cr


The company's buildings and factories business won orders worth Rs 535 crore from a reputed IT major for construction of an IT park in Hyderabad. NEW DELHI: Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 1,593 crore across business segments.

You can read more here: L&T's construction arm wins orders worth Rs 1,593 cr

These 2 sectors to lead market once corrective phase is over: Gautam Shah, JM Financial


In a chat with ET Now, Gautam Shah , Associate Director & Technical Analyst, JM Financial, says after 4-6 weeks, Indian markets expected to get back on track and make higher highs sometime in the middle of this year and metals and capital goods are likely to be the market leaders.

You can read more here: These 2 sectors to lead market once corrective phase is over: Gautam Shah, JM Financial

Employment Contracts in India: Enforceability of the Non-Compete Clause


Foreign firms in India often seek to enforce the non-compete clause in employment contracts against their employees, associates, vendors, or other business partners. Here we examine its legal validity.

The post Employment Contracts in India: Enforceability of the Non-Compete Clause appeared first on India Briefing News.

I am positive on the Indian economy in all respects: Bimal Jalan


ET Now: We have had Q3 GDP numbers come in at a five-quarter high. What is the sense that you are getting in terms of the overall path of recovery for the Indian economy? Bimal Jalan: My view continues to be very positive.

You can read more here: I am positive on the Indian economy in all respects: Bimal Jalan

Next big driver for mutual funds will be flows from Bharat: Sundeep Sikka, Reliance Nippon Life AM


Flows from small cities and towns where we are focussing a lot are going to be the growth driver, says Sundeep Sikka , ED & CEO, Reliance Nippon Life AM , in an interview with ET Now.

You can read more here: Next big driver for mutual funds will be flows from Bharat: Sundeep Sikka, Reliance Nippon Life AM

Wednesday, 28 February 2018

BILT Graphic Paper gets insolvency breather from Delhi High Court


MUMBAI: The Delhi High Court has ordered IDBI Bank not to initiate insolvency proceedings against BILT Graphic Paper, which figures in the list of 29 companies that the Reserve Bank of India ordered banks to resolve through bankruptcy laws.

You can read more here: BILT Graphic Paper gets insolvency breather from Delhi High Court

Life insurers earn more in Oct selling lesser policies

The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...