Wednesday, 23 August 2017

Merger with HDFC Life would have been a good marriage to make: Rajesh Sud, Max Life Insurance

India’s fourth-largest private life insurer Max Life is charting an independent course after its proposed merger with HDFC’s life insurance arm collapsed. Read more here: Merger with HDFC Life would have been a good marriage to make: Rajesh Sud, Max Life Insurance
Read More Here: Merger with HDFC Life would have been a good marriage to make: Rajesh Sud, Max Life Insurance
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Binny Bansal backs VC fund 021 Capital with $50-million corpus

BENGALURU: Shailesh Tulshan, the personal investment adviser to the Flipkart’s Bansals, is starting a fund named after Paypal co-founder Peter Thiel’s book that prods entrepreneurs to focus on radical innovations than on incremental improvements. Read more here: Binny Bansal backs VC fund 021 Capital with $50-million corpus
Read More Here: Binny Bansal backs VC fund 021 Capital with $50-million corpus

REVIEW: Midi and Mini Lathes

During the last decade of the 20th century, a number of manufacturers brought out versions of their standard 1″ x 8 TPI lathes with a short bed. Aimed at the rising tide of pen turners (the first pen kits came out in 1987), they were dubbed “mini lathes. Read more here: REVIEW: Midi and Mini Lathes
Read More Here: REVIEW: Midi and Mini Lathes

The lowflation demon vexes central banks

Persistently low inflation, or “lowflation,” is vexing lots of people. According to the recent minutes of policy meetings of the Federal Reserve and the European Central Bank, central banks on both sides of the Atlantic have been trying to identify the causes — but with limited success so far. Read more here: The lowflation demon vexes central banks
Read More Here: The lowflation demon vexes central banks

Schneider, Eaton frontrunners to buy L&T’s electrical business

NEW DELHI/MUMBAI: Schneider Electric SE, the French industrial multinational and Eaton Corp have emerged as the top contenders to acquire Larsen & Toubro’ electric and automation division for Rs 15,000-Rs 17,000 crore as India’s largest engineering group looks to prune its portfolio and exit non Read more here: Schneider, Eaton frontrunners to buy L&T’s electrical business
Read More Here: Schneider, Eaton frontrunners to buy L&T’s electrical business

Tatas eye Essar Steel to regain steel crown

MUMBAI: Tata Steel, India’s second-largest private steelmaker, has expressed interest in bidding for debt-ridden Essar Steel, whose lenders have filed for revival of the company under the Insolvency and Bankruptcy Code, two people with knowledge of the development said. Read more here: Tatas eye Essar Steel to regain steel crown
Read More Here: Tatas eye Essar Steel to regain steel crown

Tricks of the Trade – Sander Circle Jig: Make Perfectly Round Wheels Quickly

I find myself needing a lot of small circles for use on wooden toys. When I cut those disks out with a circle-cutting jig on the band saw, the edge is a little too rough, so I’ve made a fixture for the disk sander that makes quick work of sanding the wheels perfectly round and smooth. Read more here: Tricks of the Trade – Sander Circle Jig: Make Perfectly Round Wheels Quickly
Read More Here: Tricks of the Trade – Sander Circle Jig: Make Perfectly Round Wheels Quickly

Sequoia Capital acquires Faces Cosmetics from Everstone Capital for $40 million

NEW DELHI: Marquee US venture capital firm Sequoia Capital has struck its maiden buyout deal in India by acquiring a leading personal care, makeup and skincare company Faces Cosmetics Canada from Everstone Capital for $40 million (Rs 266.11 crore). Read more here: Sequoia Capital acquires Faces Cosmetics from Everstone Capital for $40 million
Read More Here: Sequoia Capital acquires Faces Cosmetics from Everstone Capital for $40 million