Popular Woodworking Magazine

Click any image to view a larger version. 1. Chisel sockets come in many different sizes, so you’ll need to take some measurements before turning the handle. Start by cutting a piece of notebook paper about 4” square. Roll it up around a pencil.

You can read more here: Popular Woodworking Magazine

SIDBI chairman hails government support for MSMEs

SIDBI has hailed the government’s move to mandatorily bring all major public sector companies to register themselves in Trade Receivables electronic Discounting System (TReDS) platform in the next 90 days.

You can read more here: SIDBI chairman hails government support for MSMEs

State oil firms offer Rs 44 crore support to startups

State oil firms have agreed to offer a financial support of Rs 44 crore to about 32 startups working on technological or business innovations that could solve some of oil industry’s problems.

You can read more here: State oil firms offer Rs 44 crore support to startups

You can read more here:

NBFCs to be hit most as PSU banks find favour: Amit Khurana, Dolat Capital

Talking to ET Now, Amit Khurana , Head Equites & Head of Research, Dolat Capital Market Pvt Ltd ., says that while private sector banks will face some pressure but they will eventually stabilise at a certain price range.

You can read more here: NBFCs to be hit most as PSU banks find favour: Amit Khurana, Dolat Capital

Ivanka to interact with entrepreneurs during Hyderabad visit

HYDERABAD: US President Donald Trump's daughter and adviser Ivanka Trump would interact with entrepreneurs and will get to know about Hyderabadi culture during her visit here next month, officials said.

You can read more here: Ivanka to interact with entrepreneurs during Hyderabad visit

Maharashtra Shops and Establishment Act of 2017

The Maharashtra Shops and Establishment Act of 2017 came into force on September 7, 2017 and implements the federally instituted reforms in the Model Shops and Establishment Act. In this article, we discuss key changes in the Act, and compliance requirements for firms in the state.

The post Maharashtra Shops and Establishment Act of 2017 appeared first on India Briefing News.

From bank perspective, recap move a credit positive: Srikanth Vadlamani, Moody's

Talking to ET Now, Srikanth Vadlamani, Moody's Investors , says the recapitalisation will ensure that the banks will be compliant with Basel III requirements, that they will have sufficient capital to clean up their balance sheets and also have a buffer for growth capital.

You can read more here: From bank perspective, recap move a credit positive: Srikanth Vadlamani, Moody's

Recapitalisation meets the need for both risk and growth capital: Rajnish Kumar, SBI

Talking to ET Now, Rajnish Kumar, Chairman, SBI, says the liquidity in the system is enough but the banking sector’s capability to lend has been impaired by provisioning. Profits are under severe stress and a one-time cleanup is expected.

You can read more here: Recapitalisation meets the need for both risk and growth capital: Rajnish Kumar, SBI

Milwaukee 11 in 1 Driver Review

Milwaukee has grown their hand tool market by leaps and bounds over the years.  What was once a small category for Milwaukee has turned in a colossal line of hand tools.  They pretty much have a hand tool for every tradesman that will help make their job easier.

You can read more here: Milwaukee 11 in 1 Driver Review

"Hope to be the fastest growing IT company in FY18"

In an interview with ET Now, C Vijayakumar, CEO, and Anil Chanana, CFO, HCL Technologies, discuss the performance and say they are focussed on opportunities in digital, analytics, cloud and are looking at potential targets in those areas. How would you evaluate your performance?

You can read more here: "Hope to be the fastest growing IT company in FY18"

There is a great deal of expectation from government on MSME front: Anshula Kant, SBI

Talking to ET Now, Anshula Kant , CFO, SBI , says does not anticipate any pressure or any push towards great lending to particular sectors following recapitalisation.

You can read more here: There is a great deal of expectation from government on MSME front: Anshula Kant, SBI

Recap bonds to be anti-inflationary and cash neutral: Rajiv Kumar, Banking Secretary

Talking to ET Now, Rajiv Kumar, Banking Secretary , says the banks have to be absolutely responsive to the needs and responsible in their lending and in their assessments quickly. The markets want to know more about the recapitalisation bonds.

You can read more here: Recap bonds to be anti-inflationary and cash neutral: Rajiv Kumar, Banking Secretary

We have a market share of 13.7% in H1: Sandeep Batra, ICICI Pru Life

Talking to ET Now, Sandeep Batra, ICICI Pru Life, says the insurance industry has been growing a little ahead of the nominal GDP. With the structural shift towards financialisation of savings, that the pace is expected to increase.

You can read more here: We have a market share of 13.7% in H1: Sandeep Batra, ICICI Pru Life

Recapitalisation of public sector banks to create confidence among foreign investors: Keki Mistry, HDFC

Talking to ET Now, Keki Mistry, Vice Chairman & CEO, HDFC, says though Rs 1.35 lakh crore is not a small amount, but there is so much of liquidity today that the markets will likely be able to absorb it.

You can read more here: Recapitalisation of public sector banks to create confidence among foreign investors: Keki Mistry, HDFC

We have moved PSU banks from neutral to overweight: Gautam Chhaochharia, UBS

Talking to ET Now, Gautam Chhaochharia , Head of India Research, UBS, says even after the price moves, our view would be that many of these banks will not necessarily be in the zone where we would call them rich or fully valued.

You can read more here: We have moved PSU banks from neutral to overweight: Gautam Chhaochharia, UBS

Not all, stick to top five PSU banks: Madhusudan Kela

Talking to ET Now, Madhusudan Kela , Market Veteran, says fund managers have been so negative in PSB space that even a 2-3% shift in favour of public sector banks would mean a huge buying. You have been making a case for PSU banks, saying they were too cheap, they offered a lot of value.

You can read more here: Not all, stick to top five PSU banks: Madhusudan Kela

Cash ban, GST disruptions to cool India's GDP growth to a 4-year low

BENGALURU India's economy will likely grow at its slowest pace in four years this fiscal year, a Reuters poll showed, as a currency ban and the new goods and services tax (GST) have disrupted business activity and dampened consumer demand. Asia's third-largest economy will grow at 6.

You can read more here: Cash ban, GST disruptions to cool India's GDP growth to a 4-year low

Recapitalisation is a very bold step by the government: Vinod Kathuria, Union Bank of India

Talking to ET Now, Vinod Kathuria, Union Bank of India , says wants provisioning ratio to improve at least to 60%. Whatever capital is received from the government, will definitely help. The challenge for good banks and large banks like SBI and Union Bank is growth.

You can read more here: Recapitalisation is a very bold step by the government: Vinod Kathuria, Union Bank of India

SAIL told to raise production at Bhilai rail mill

Expressing displeasure over SAIL’s slow progress in crucial areas of strategic importance, steel minister Chaudhary Birender Singh has asked the company to increase output from its new rail mill in Bhilai and meet all the requirements of its major customers.

You can read more here: SAIL told to raise production at Bhilai rail mill