Havells to acquire Lloyd’s consumer biz for Rs 1,600 cr

The electrical goods company Havells on Sunday said it will acquire consumer durable business of Lloyd Electric & Engineering for about Rs 1,600 crore.
"...(Havells’) board has approved the acquisition of Lloyd Consumer Durable Business Division (Lloyd Consumer). The acquisition is proposed to be executed at an enterprise value of Rs 1,600 crores on a debt free, cash free basis subject to closing adjustments,” the company said in a statement.

Why Assam’s Deshee Jonogoshtee Tribe is feeling isolated in their own homeland

One quiet little bamboo hut amid the otherwise noisy Rongali 2017 festivities in Guwahati’s Khanpara grounds had an unusual draw. Right in the middle, on the floor, sat a straw thali with 7 burning diyas, some sindoor and betel leaf with an areca nut, a lemon and a piece of turmeric. Unlike the other huts where music, dance and peels of laughter among the tribal representatives of the various regions of Assam flowed freely, the Deshi Janagosthi hut had just a group of people sitting watching over this small arrangement.

Robots can help clean ever-piling nuclear waste

To enter Europe’s largest nuclear site, a visitor must be wearing construction coveralls, steel-toed boots, a hard hat, and a pager-size device that rings if radiation levels get too high. Contamination enters the body through open wounds, so any cuts must be bandaged with medical tape. On the way out, after you remove your protective gear, a security guard sweeps your body with a handheld detection device to make sure nothing latched on. It’s as unsettling as it sounds.

How to stay sane in a world of crazy news

Life comes at you fast—these days, it seems, at the speed of light. The first 100 days of any new presidential administration bring a flurry of actions and reactions, but this first month alone has been a blizzard of executive orders, presidential tweets, and momentous events—among them an immigration order that created havoc at airports before being blocked in court, dozens of large protest marches, anarchists in the streets of Berkeley, one nomination to the Supreme Court, one national security adviser’s resignation, and, for good measure, a North Korean missile test.

ISRO propels into new era of space biz

It is wonderful to celebrate the success of the Indian Space Research Organisation (ISRO) which on Wednesday, once again, proved its technological mettle by launching a record-breaking 104 satellites in one go. This firmly establishes its workhorse rocket, Polar Satellite Launch Vehicle (PSLV), as a formidable player in the global satellite launch market. The rocket is reliable, having recorded 38 consecutive successful launches, can propel cargo in a range of orbits and has executed complex scientific missions to the moon and Mars. On top of it, it is cost effective.

ISRO hits record-breaking ton

The Indian Space Research Organisation (ISRO) performed a world record-breaking feat on Wednesday by launching 104 satellites in one go bettering Russia’s effort by miles.
The satellites were packed in ISRO’s workhorse PSLV-C-37 launch vehicle and placed in orbit in a mission that went off smoothly. This was PSLV’s 39th mission and broke a previous Russian record of sending 37 satellites together in 2014. NASA’s best effort is sending 29 satellites in 2013.

Bosses keep tab on staff through sensors

About a year ago, in a widely reported story, journalists at British newspaper the Telegraph found little black boxes installed under their desks. The devices, which had “OccupEye” emblazoned on them, detected if employees were at their workstations. Not shockingly, writers and editors were suspicious, worried that bosses were monitoring their moves, even their bathroom breaks. The National Union of Journalists complained to management about Big Brother-style surveillance.

Mars may have been flooded by water

Scientists have discovered a patch of land in an ancient valley on Mars that may have been flooded by water in the not-too-distant past and could serve as the prime target to begin searching for evidence of life forms on the red planet.
"On Earth, desert dunefields are periodically flooded by water in areas of fluctuating groundwater, and where lakes, rivers and coasts are found in proximity. These periodic floods leave tell-tale patterns behind them," said Mary Bourke from Trinity College Dublin in the UK.

Facebook launches app for watching videos on TV

Facebook Inc is launching an app for smart TVs that will help the social network's users enjoy its videos on a bigger screen.
The app will roll out soon from app stores for Apple TV, Samsung Smart TV and Amazon Fire TV, the company said in a blogpost on Tuesday.
The blogpost also said users can scroll through their news feed and simultaneously watch videos on their timeline.
Sound also fades in and out as one scrolls through videos in news feed now. Videos in news feed have previously played silently — one needed to tap on a video to hear its sound.

Brain damage in former players fuels soccer ‘heading’ fears

Scientists have found signs of brain damage that could cause dementia in a handful of former soccer players, fuelling worries about the danger of frequent knocks from heading the ball or colliding with others on the field.
The small study was the first of its kind, involving post mortems on six men who died with dementia after long careers playing soccer. All were skilled headers of the ball.