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