KITCO bags consultancy projects of BEL, HAL

KITCO Ltd, India's premier technical consultancy organisation, has bagged major consultancy projects of public sector Bharat Electronics Ltd (BEL) and Hindustan Aeronautics Ltd (HAL).

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via KITCO bags consultancy projects of BEL, HAL

SastaSundar.com opens their 200th Healthbuddy store in West Bengal

SastaSundar.com, one of the leading digital network of healthcare in India, announced the opening of their 200th Healthbuddy store in West Bengal. The SastaSundar.

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via SastaSundar.com opens their 200th Healthbuddy store in West Bengal

Govt in talks with RBI to find ways for improving credit flow to MSMEs

NEW DELHI: The MSME ministry is in talks with the Reserve Bank to explore ways to improve credit flow to micro, small and medium enterprises across the country, a top government official said today.

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via Govt in talks with RBI to find ways for improving credit flow to MSMEs

Pricey crude bad news even for oil producers in long term: Faith Birol, IEA

In an exclusive interview with ET Now, Faith Birol, ED, International Energy Agency, tries to decode the dynamics of a dearer oil. Too high oil prices mean shale oil in the US and deep water in Brazil or Mexico would get a leg-up. Even deployment of electrical vehicles may speed up.

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via Pricey crude bad news even for oil producers in long term: Faith Birol, IEA

Tata Steel launches new website, Aashiyana

KOLKATA: Tata Steel has launched a new website, Aashiyana, to address the varied needs of Individual Home Builders (IHB), the core customer segment for its Rs 5,800-crore retail brand Tata Tiscon.

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via Tata Steel launches new website, Aashiyana

Defensive right now, focus is on these 2 sectors: Sunil Subramaniam

In an interview with ET Now, Sunil Subramaniam, CEO, Sundaram Mutual Fund, says he is focussing on consumption and IT sectors now. Subramaniam also raises red flags about OMCs whose margins are seen to be facing some squeeze. Earnings by and large have been factored in by largecaps.

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via Defensive right now, focus is on these 2 sectors: Sunil Subramaniam

Moms call the shots on online shopping for household: OLX survey

NEW DELHI: Women are calling the shots more than ever before by being the key influencers to household decisions on what to shop online, reveals a survey by OLX India, an online classifieds company.

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via Moms call the shots on online shopping for household: OLX survey

Jindal Steel bets big on higher internal accruals, sale of overseas assets to reduce Rs 42,000 crore debt

Jindal Steel & Power Ltd (JSPL) said it will focus on paring its Rs 42,000 crore debt by half in the next three years.

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via Jindal Steel bets big on higher internal accruals, sale of overseas assets to reduce Rs 42,000 crore debt

Federal Bank growth intact, extra NPAs came from old accounts: CEO

Shyam Srinivasan, MD and CEO, Federal Bank, is clear that RBI’s NPA guidelines led to recognition of the slippages. Talking to ET Now, Srinivasan made the point that there is no need to raise funds as capital adequacy is stable and almost all of it is in tier I capital.

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via Federal Bank growth intact, extra NPAs came from old accounts: CEO

Entrepreneur 101: To nurture job growth, US universities seed startups

NEW YORK: A decade ago, Devin Jameson might have chosen to drop out of college and work on Eversound, a wireless headset start-up for senior communities.

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via Entrepreneur 101: To nurture job growth, US universities seed startups

How to Build a Birdhouse

Birdhouses are one of those first projects that every kid remembers. As a child, I remember building some in Girl Scouts and I have already built several with my own kids.

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via How to Build a Birdhouse

Venture debt firm Alteria Capital backs Toppr with Rs 15.5 crore

MUMBAI: Venture debt firm Alteria Capital has made its latest bet in the country’s startup ecosystem, investing Rs 15.5 crore in education technology firm Toppr.

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via Venture debt firm Alteria Capital backs Toppr with Rs 15.5 crore

Innovaccer raises $25 million Series B led by Westbridge Capital

BENGALURU: San Francisco based Innovaccer Inc., a healthcare data platform company, has raised a Series B round of $25 million (approx Rs 168 crore) led by Westbridge Capital with participation from Lightspeed Ventures.

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via Innovaccer raises $25 million Series B led by Westbridge Capital

Punit Lalbhai and Arvind's 3 pillars of growth

In an interview with ET Now, Punit Lalbhai, ED, Arvind, explains how verticality or vertical intergration, innovation and promotion of Arvind as a fabric brand will come together to boost the textile business.

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via Punit Lalbhai and Arvind's 3 pillars of growth

The antidote of Modi government's job crisis: Labour reforms in the MSME sector

The Micro, small and medium enterprises (MSMEs) are the backbone of the Indian economy, but the country's myriad laws, regulations and bureaucracy has led to a peculiar problem where enterprises prefer not to scale and remain small.

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via The antidote of Modi government's job crisis: Labour reforms in the MSME sector

Supreme Court rejects Dalmia Bharat's plea challenging NCLT's Binani order

The Supreme Court has rejected Dalmia Bharat's plea challenging the NCLT Kolkata bench order directing the lenders of the Binani Cement to consider Ultratech's revised bid, ET Now reported.

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via Supreme Court rejects Dalmia Bharat's plea challenging NCLT's Binani order

Really sad to see Sachin leave Flipkart, co-founder Binny Bansal

NEW DELHI: They were considered the Jai-Veeru of Indian startup panorama, and when one decided to finally exit the company they founded 11 years ago it was really a sad moment for the other.

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via Really sad to see Sachin leave Flipkart, co-founder Binny Bansal

Lenovo launches V-Series laptop for SMEs, startups in India

NEW DELHI: Chinese technology major Lenovo on Thursday launched a new V-series laptop "V330" for small and medium enterprises (SMEs) and startups with prices starting from Rs 48,000.

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via Lenovo launches V-Series laptop for SMEs, startups in India

JSPL will cut debt by Rs 4,000-5,000 crore this year: CEO

In an interview with ET Now, Naushad A Ansari, CEO, Steel Business, JSPL, says it is a fairly healthy situation with a strong order book and requisite ramping up. Best of all, the margins are improving. A great top line growth to start with for Jindal Steel.

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via JSPL will cut debt by Rs 4,000-5,000 crore this year: CEO

Walmart to open 50 new stores in India in 4 years

NEW DELHI: A day after announcing $16 billion investment in India's largest online retailer Flipkart, Walmart Inc said on Thursday it will continue to grow its wholesale cash-and-carry business, adding 50 new stores in the next four-five years.

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via Walmart to open 50 new stores in India in 4 years