Rupee not in a free-fall, makes sense to let it weaken a bit: Ray Farris, Credit Suisse

Talking to ET Now, Ray Farris, Credit Suisse, says the central bank will probably look at some weakness in the currency in a controlled fashion as an adjustment mechanism against the deterioration in trade balance.

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via Rupee not in a free-fall, makes sense to let it weaken a bit: Ray Farris, Credit Suisse

Amtek Auto sells its SMI JV stake to Nippon Steel and Sumitomo Metal Corp

Debt-ridden Amtek Auto today said it has signed a share purchase agreement with Nippon Steel and Sumitomo Metal Corporation to sell its stake in its joint venture (JV) company SMI Amtek Crankshaft.

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via Amtek Auto sells its SMI JV stake to Nippon Steel and Sumitomo Metal Corp

Having learnt from Posco episode, Odisha creates land bank for industries

BHUBANESWAR: Mineral-rich Odisha, aspiring to become a manufacturing hub in India with downstream metal industries, has "learnt from the Posco experience" and prepared a GIS-based land bank of 121,000 acres for various industries, according to a top official.

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via Having learnt from Posco episode, Odisha creates land bank for industries

We expect 30-35% growth in FY19: Anoop Kumar Mittal, NBCC

In an interview with ET Now, Anoop Kumar Mittal, CMD, NBCC, says the growth will be seen in the last quarter or last half of the year but it will be visible from the first quarter because most of the big projects have been started.

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via We expect 30-35% growth in FY19: Anoop Kumar Mittal, NBCC

Nazara Games and Royal Challengers Bangalore launch RCB Epic Cricket mobile game

CHENNAI: Nazara Games has partnered with Royal Challengers Bangalore to launch their second mobile game RCB Epic Cricket. The game is a 3D simulative game for fans featuring multiplayer mode that allows users to play against other players across India.

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via Nazara Games and Royal Challengers Bangalore launch RCB Epic Cricket mobile game

Walnut and Maple Rocking Horse

It is a tradition that I make our grandchildren a rocking horse for their first birthday. My family and friends encouraged me to create an entry into the State Fair of Texas this past Fall. I created this rocking horse just for the State Fair and won the First Place Blue Ribbon.

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via Walnut and Maple Rocking Horse

Tata Steel raises $1.9 billion overseas loan

In one of the largest debt issuances this year, Tata Steel has raised about $1.9 billion through syndicated loans for its Singapore units Nat Steel Asia and TS Global to refinance its existing high-cost debt.

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via Tata Steel raises $1.9 billion overseas loan