Sunday, 22 October 2017

Selling coal may be tough for private miners winning first batch of mines


KOLKATA: Coal India (CIL) is likely to face up private competition well in the first lot of mines to be developed by rivals as the blocks on offer would be difficult to exploit and costly to operate, executives and analysts said.

You can read more here: Selling coal may be tough for private miners winning first batch of mines

IndoSpace to raise $550 million for third fund, bets on e-tail boom


MUMBAI: Five months after selling a significant chunk of its logistics assets to Canada Pension Plan Investment Board (CPPIB), industrial real estate investor IndoSpace is raising $550 million for its third fund, betting big on the boom fuelled by increasing e-commerce businesses and uniform tax ref

You can read more here: IndoSpace to raise $550 million for third fund, bets on e-tail boom

GST rate structure needs complete overhauling: Hasmukh Adhia


NEW DELHI: With the new GST regime firmly entrenched, a complete overhaul of the tax rates is now required to reduce the burden on small and medium businesses, Revenue Secretary Hasmukh Adhia has said.

You can read more here: GST rate structure needs complete overhauling: Hasmukh Adhia

Crude steel output jumps 6.8% to 8.3 mt in Sep


Domestic crude steel production rose by 6.8 per cent to 8.39 million tonnes (mt) in September 2017 compared to 7.86 mt in the same month last year, according to the official data. ", RINL, TSL, Essar, JSWL and JSPL together produced 28.438 mt," the report said, adding that the rest 21.

You can read more here: Crude steel output jumps 6.8% to 8.3 mt in Sep

Saturday, 21 October 2017

How online platforms for handcrafted products are proving to be a boon for craftsmen


Sunila Joshi, a consultant in Hyderabad, first discovered the Farida Gupta ethnic wear label online on social media two years ago. An enthusiastic mall goer, she was quite wary initially.

You can read more here: How online platforms for handcrafted products are proving to be a boon for craftsmen

Academics to get sabbatical leave to begin startups in Kerala


THIRUVANANTHAPURAM: Kerala government has given green signal to a proposal of the state Startup Mission (KSUM) to accord sabbatical leave to the faculty members of all colleges who intend to establish startups.

You can read more here: Academics to get sabbatical leave to begin startups in Kerala

None of the banks are going to lose even a single rupee in JSPL: Naveen Jindal


I am sure that JSPL will get back to the old glory but since you are talking about raising funds from the market, what is the quantum that we are looking at?We are not looking at much. And what is the mode? The mode would be-- a lot of divestment we have already done, so like oxygen plant sale.

You can read more here: None of the banks are going to lose even a single rupee in JSPL: Naveen Jindal

Send money via Facebook Messenger using PayPal


SAN FRANCISCO: Online payment gateway PayPal has allowed American people to send and request money via Facebook Messenger using PayPal accounts.

You can read more here: Send money via Facebook Messenger using PayPal

I am not afraid to make a mistake, but only make one which I can afford: Rakesh Jhunjhunwala


Rakesh Jhunjhunwala: Yes I do not watch all movies but I watch a variety of documentaries. I watch a lot of TV dramas. Then I even read. I have lazy habits. Once my sons come in, I unwind by playing carrom with them, doing their homework with them some times. Alia Bhatt: So, it is very regular.

You can read more here: I am not afraid to make a mistake, but only make one which I can afford: Rakesh Jhunjhunwala

Poker startups see surge as many log on for a game during Diwali


CHENNAI: Raveena Abrol, a resident of Chennai, was up all of Wednesday night playing poker with her family in Delhi. "I couldn't join my family this time for Diwali. But playing poker is tradition so we are all online on the same platform," Abrol said.

You can read more here: Poker startups see surge as many log on for a game during Diwali

How an Italian chocolate became part of kuch meetha during Diwali


Last year, Mumbai eatery The Sassy Spoon, the flagship restaurant of The Chocolate Spoon Company which was founded by Rachel Goenka, prepared a special treat during Diwali. A Ferrero Rocher coated with a motichoor ladoo paired with rabdi mousse.

You can read more here: How an Italian chocolate became part of kuch meetha during Diwali

Given the valuations of companies, next few years will not be easy: Samit Vartak, SageOne Investments


Talking to Nikunj Dalmia of ET Now, Samit Vartak, CIO, SageOne Investments, says there are companies available which will give you the earnings growth of 25% plus. For a stock picker like you, this year must have been a great year. It has been a tic-tac-toe market.

You can read more here: Given the valuations of companies, next few years will not be easy: Samit Vartak, SageOne Investments

GST council changes rule: Banks, insurance cos to now issue consolidated monthly invoices


NEW DELHI: The Goods and Services Tax (GST) Council has approved rule changes that will allow banks and insurance companies to issue consolidated monthly invoices after the GST Network crashed at peak filing time last month.

You can read more here: GST council changes rule: Banks, insurance cos to now issue consolidated monthly invoices

An IIT solution to 'expensive' biotechnology


When 30-year-old HR professional Rekha Verma (name changed) was diagnosed with breast cancer in 2012, she couldn’t afford ‘wonder drug’ trastuzumab. She prayed that surgery, chemotherapy and radiotherapy would be enough.

You can read more here: An IIT solution to 'expensive' biotechnology

Friday, 20 October 2017

Larry Page vs Masayoshi Son: The ride hailing race is now a battle between billionaires


The future of the ride-hailing industry depends on the capricious largesse of two internet billionaires on opposite sides of the globe. Alphabet Inc., led by , just backed Lyft Inc., while SoftBank Group Corp. chief Masayoshi Son is set to take a big stake in larger rival Uber Technologies Inc.

You can read more here: Larry Page vs Masayoshi Son: The ride hailing race is now a battle between billionaires



You can read more here:

You can now use GSTN offline to file tax returns


The GST Network has rolled out an offline, Excel-based utility to make the process of filing returns simpler. Taxpayers can download the offline utility from the GSTN portal under the download section, according to a GST statement.

You can read more here: You can now use GSTN offline to file tax returns

Smartphone upstart that beat Apple is now looking at global expansion


Emboldened by its success against Apple Inc. and Samsung Electronics Co. at home, the company now intends to tackle developed markets with higher-end devices.

You can read more here: Smartphone upstart that beat Apple is now looking at global expansion

ArcelorMittal joins race to acquire Bhushan Steel under bankruptcy code


KOLKATA: ArcelorMittal, the world's largest steel company, has joined the bidding race for stressed steel assets in the country by expressing interest to acquire Bhushan Steel.

You can read more here: ArcelorMittal joins race to acquire Bhushan Steel under bankruptcy code

Cyber Makers Spotlight: Brad Rodriguez, Katie Cleveland, and David Picciuto


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: Cyber Makers Spotlight: Brad Rodriguez, Katie Cleveland, and David Picciuto

Dallas Mavericks add Varidesk to locker room, office space


DALLAS - The Dallas Mavericks have enlisted Varidesk, a Dallas-based manufacturer of height-adjustable desk and furniture a global leader in height-adjustable desk solutions, to help create an active, collaborative, and productive locker room, training facility and office space.

You can read more here: Dallas Mavericks add Varidesk to locker room, office space

VIDEO: Step-by-Step Building a Red Oak Bookcase


This step-by-step project video shows you how to build a classic oak bookcase. This bookcase can be built using dimension lumber that can be purchased at any home center. You only need a circular saw and router to build it, plus a way to make dowel joints.

You can read more here: VIDEO: Step-by-Step Building a Red Oak Bookcase

VIDEO: Steam Bending Long Parts


Sandor Nagyszalanczy takes you through the process he used to create long, curved leg pieces for the music stand project that he built for the November/December 2017 issue of Woodworker’s Journal. It’s simple and effective, and Sandor shares the build he used for the bending.

You can read more here: VIDEO: Steam Bending Long Parts

Nearly 37 lakh GSTR-3B filed so far


Nearly 37 lakh GST returns for September have been filed till 1900 hours and 75,000 sales data is being uploaded on the GSTN portal on hourly basis, its Chairman Ajay Bhushan Pandey said today.

You can read more here: Nearly 37 lakh GSTR-3B filed so far

Nearly 37 lakh GSTR-3B filed so far


Nearly 37 lakh GST returns for September have been filed till 1900 hours and 75,000 sales data is being uploaded on the GSTN portal on hourly basis, its Chairman Ajay Bhushan Pandey said today.

You can read more here: Nearly 37 lakh GSTR-3B filed so far

Workers at Tata Steel's Dutch arm oppose Thyssenkrupp merger


The works council of Tata Steel Netherlands said on Friday it opposed preliminary plans by Tata Steel and Thyssenkrupp to combine their European steelmaking operations into a joint venture (JV) and would fight to block it if necessary.

You can read more here: Workers at Tata Steel's Dutch arm oppose Thyssenkrupp merger

Thursday, 19 October 2017

Woodworker’s Journal – November/December 2017


This issue includes plans for a Red Oak Bookcase, a Jewelry Frame, CNC gift ideas and instructions on turning a canister and making cutting boards.

You can read more here: Woodworker’s Journal – November/December 2017

20 Gift Project Plans




You can read more here: 20 Gift Project Plans

CNC Gift Project Ideas


A weather station is an old-school way of predicting your local weather. They need no batteries, make great use of scrap lumber that is too good to throw away and are lovely gifts to top it off. We used a CNC router to shape the piece, but you can do it old-school if you prefer.

You can read more here: CNC Gift Project Ideas

Design commerce firms opt for offline mode for stronger revenue targets


MUMBAI: India’s virtual stores are opting for an omni-channel model to increase footfalls with design commerce player India Circus being the latest.

You can read more here: Design commerce firms opt for offline mode for stronger revenue targets

Bengaluru-based Cashfree banks on Bulk Transfers


MUMBAI: Cashfree founders Reeju Datta and Akash Sinha were interacting with e-commerce players trying to digitise cash-on-delivery payments when they stumbled upon a much bigger problem the companies were facing— bulk bank transfers.

You can read more here: Bengaluru-based Cashfree banks on Bulk Transfers

How Ola and Flipkart are making sure they are not beholding to a single investor


For Bhavish Aggarwal, it was a conundrum not easy to resolve. On the one hand, was the lure of a $ 1 billion cheque for his ridehailing company Ola, at a time when it was mired in a fierce battle for supremacy with the world’s most valuable startup, Uber.

You can read more here: How Ola and Flipkart are making sure they are not beholding to a single investor

November/December 2017 What’s in Store Round-up


Preval Sprayer SuperMax 16-32 Drum Sander, Model 71632 Here’s a familiar video (it’s ours from AWFS): SKILSAW SPT44A-00 13-amp Reciprocating Saw with Buzzkill Vibration Suppression Festool Hybrid Sanders (Corded or Cordless)

You can read more here: November/December 2017 What’s in Store Round-up

How to Cut Circles with a Router and Jig


You can easily cut perfect circles for your next woodworking project, using a router attached to a circle cutting jig. The circle jig acts as a compass, guiding the router around a central pivot point. All you have to do is set the position of the router and the depth of the bit.

You can read more here: How to Cut Circles with a Router and Jig

Making a Kitchen Canister and Lid


Learn how to turn a kitchen canister for storing dry goods, such as coffee or tea. 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.

You can read more here: Making a Kitchen Canister and Lid

Woodworker’s Journal – November/December 2017 Issue Preview


It’s the time of year when there’s an outpouring of generosity from woodworkers’ shops – and why not, when great gifts are such fun to make? In the November/December issue of Woodworker’s Journal, you’ll find the project plans and know-how to create some snazzy-looking Cutting Boards

You can read more here: Woodworker’s Journal – November/December 2017 Issue Preview

November/December 2017 Issue Preview


It’s the time of year when there’s an outpouring of generosity from woodworkers’ shops – and why not, when great gifts are such fun to make? In the November/December issue of Woodworker’s Journal, you’ll find the project plans and know-how to create some snazzy-looking Cutting Boards

You can read more here: November/December 2017 Issue Preview

Milwaukee Penlight Review


Milwaukee has changed the power tool lighting industry for good.  Ever since Milwaukee looked at the lighting category and decided to change the way we see and use lighting, they have been kicking butt and taking names.  No longer are lights looked as being a cheap add on or a second thought.

You can read more here: Milwaukee Penlight Review

Vedanta’s Anil Agarwal may soon set up $1 billion fund for startups


MUMBAI: Metals billionaire Anil Agarwal, who made a surprise $2-billion investment in blue-chip miner Anglo American Plc earlier this year, now intends to launch a $1-billion venture capital fund to help young Indian entrepreneurs build their businesses from ground up.

You can read more here: Vedanta’s Anil Agarwal may soon set up $1 billion fund for startups

7 deadly pesticides world has banned used in India


Recent deaths of farmers due to pesticide poisoning in Yavatmal and other districts of Maharashtra have opened up a debate over the rationale of using all such pesticides in India which are either banned or restricted elsewhere in the world due to their high toxicity.

You can read more here: 7 deadly pesticides world has banned used in India

Wednesday, 18 October 2017

Sajjan Jindal,T V Narendran elected to worldsteel key posts


NEW DELHI: JSW Steel CMD Sajjan Jindal has been elected treasurer and Tata Steel MD T V Narendran and ArcelorMittal chief L N Mittal as members of the global body World Steel Association (worldsteel). "The Board of Directors yesterday elected ...

You can read more here: Sajjan Jindal,T V Narendran elected to worldsteel key posts

JSW Steel eyes Italian long products company Aferpi


KOLKATA: JSW Steel is pursuing options to expand its presence into Europe and is eyeing Italian long products company Aferpi as part of its strategy.

You can read more here: JSW Steel eyes Italian long products company Aferpi

Anti-Corruption Laws in India – Compliance Requirements for Businesses


The festive season in India involves the exchange of gifts; however, companies should note that certain exchanges may attract liability under various domestic and foreign anti-corruption statutes. This article highlights key compliance strategies for firms to minimize such risk exposure.

The post Anti-Corruption Laws in India – Compliance Requirements for Businesses appeared first on India Briefing News.

Online consumer services pvt ltd raises $2,50,000 in 'pre-series A' round


BENGALURU : Bengaluru-based home maintenance services start-up, Gapoon Online Consumer Services Private Limited, has raised $2,50,000 in a 'pre-series-A' round.

You can read more here: Online consumer services pvt ltd raises $2,50,000 in 'pre-series A' round

Neither fiscal nor monetary stimulus is advisable for India: Sajjid Chinoy, JPMorgan


Talking to ET Now, Sajjid Chinoy, JPMorgan, says if global growth remains as strong and buoyant as the IMF forecast, then eventually that is going to spin over into India. We will see that later in the year and in 2018, our exports will do very well. The economy seems to have stalled.

You can read more here: Neither fiscal nor monetary stimulus is advisable for India: Sajjid Chinoy, JPMorgan

Balanced funds turning mainstream investments, here’s top 3: Dhirendra Kumar


In an interview with ET Now, Dhirendra Kumar, CEO, Value Research, says his top 3 recommendations among balanced funds are Aditya Birla Sun life Balanced 95, L&T India Prudence and Tata Balanced fund.

You can read more here: Balanced funds turning mainstream investments, here’s top 3: Dhirendra Kumar

Makita Cordless Track Saw Review


Before I get started I wanted to clarify something.  I called this review a Makita Track Saw review.  To be honest I am not sure if Track Saw is a registered name to Dewalt or a generic name.  The reason I say this is because Makita calls it a plunge cut saw.

You can read more here: Makita Cordless Track Saw Review

Here's the MF mantra from Kotak’s Nilesh Shah


Talking to ET Now, Nilesh Shah , MD, Kotak AMC , says go to a balanced fund if the market corrects and go on to large-cap or midcap if market corrects more. How do you make money in this market?

You can read more here: Here's the MF mantra from Kotak’s Nilesh Shah

Gold worth Rs 120 crore transacted within 6 months: Paytm


NEW DELHI: Mobile wallet company Paytm on Wednesday said gold worth Rs 120 crore has been transacted within six months of launch of sales on its platform and the number of buyers crossed one million mark on the Dhanteras day.

You can read more here: Gold worth Rs 120 crore transacted within 6 months: Paytm

Dipan Mehta’s four top mid-cap ideas for Samvat 2074


Talking to ET Now, Dipan Mehta, Member, BSE & NSE, says bullish on Mahindra Holidays, Team Lease, Zee Learn and UFO Moviez in Samvat 2074. The first disappointment this season has come in from Axis Bank. What has been your take on how the stock would get punished today?

You can read more here: Dipan Mehta’s four top mid-cap ideas for Samvat 2074

Next year, banks face heart attack from silent stress in mid corporates: Saurabh Mukherjea, Ambit Capital


Talking to ET Now, Saurabh Mukherjea, Ambit Capital , says there is a train-wreck line ahead of us. Somewhere between January and June 2018, some of the companies on insolvency list are going to go bankrupt. Plus, there is incremental stress from telecom and thermal sectors.

You can read more here: Next year, banks face heart attack from silent stress in mid corporates: Saurabh Mukherjea, Ambit Capital

A personal air purifier wearable can be the answer to India’s air pollution woes


Early this year a Greenpeace report aptly titled 'Airpocalypse' stated that as many as 1.2 million deaths take place every year due to air pollution in India and Delhi is the country’s most polluted city.

You can read more here: A personal air purifier wearable can be the answer to India’s air pollution woes

We are, in a sense, scared bulls who are holding on: Manish Chokhani, Enam Holdings


Discussing the Street view for Samvat 2074, with Nikunj Dalmia & Ayesha Faridi of ET Now, Manish Chokhani , Director, Enam Holdings , says if you ask us for fresh new things to buy today, we would be a bit more sanguine but as long as the ride is there, you stay invested.

You can read more here: We are, in a sense, scared bulls who are holding on: Manish Chokhani, Enam Holdings

Selling coal may be tough for private miners winning first batch of mines

KOLKATA: Coal India (CIL) is likely to face up private competition well in the first lot of mines to be developed by rivals as the blocks o...