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PNB Housing to seek board nod for raising over Rs 12,000 cr

The company plans to raise up to Rs 6,000 crore by way of issuance of secured and unsecured non-convertible debentures. Besides, it has plans to issue masala bonds up to USD 1,000 million in one or multiple tranches, the filing said.

Politics

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British astrophysicist warns humanity has 50 percent chance of surviving the 21st Century

“Our societies are more brittle now and less tolerant of disruption,” Martin Rees said, discussing his new book
Salon: in-depth news, politics, business, technology & culture Salon

British astrophysicist warns humanity has 50 percent chance of surviving the 21st Century

“Our societies are more brittle now and less tolerant of disruption,” Martin Rees said, discussing his new book

Trump Organization files $90,000 lawsuit against estate of man killed in Trump Tower apartment fire

Trump Organization lawyer Sonja Talesnik has filed a lawsuit against the estate of Todd Brassner, the 67-year-old former art dealer who died after an electrical fire started in his Trump Tower apartment. According to the New York Post, the Trump Organizatio
Daily Kos

Trump Organization files $90,000 lawsuit against estate of man killed in Trump Tower apartment fire

Trump Organization lawyer Sonja Talesnik has filed a lawsuit against the estate of Todd Brassner, the 67-year-old former art dealer who died after an electrical fire started in his Trump Tower apartment. According to the New York Post, the Trump Organization is seeking “$90,000 in unpaid common charges and fees from a Trump Tower resident.” Brassner’s apartment was not equipped with sprinklers, as Trump himself had spent tons of money lobbying against having to retrofit his towering monstrosity years before. Following two fatal fires in Brooklyn and Manhattan in 1998, then-Mayor Rudy Giuliani and other elected officials debated legislation mandating landlords to retrofit existing buildings with sprinklers, if they did not already have them. Trump lobbied then-Councilman Archie Spigner that sprinklers were too expensive — at $4 per square foot — to install throughout an entire building, the New York Times reported at the time. The legislation was signed into law by Giuliani in 1999, but not before buildings like Trump’s crappy tower were given the loophole of being grandfathered out of the requirement. The rich in our country like to say that dying is too expensive. It’s the reason they claim to want to do away with the inheritance tax. But the real reason is that they want all of that money for themselves, and if you die before them, they want your money too.

Economics

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Rubique eyes profit, 1mn customers by 2020

The company uses artificial intelligence and machine learning to provide individuals and small and medium businesses with easy access to finance through loans, credit cards and other products and has already signed up over 90 lenders on its platform.
Moneycontrol Business News

Rubique eyes profit, 1mn customers by 2020

The company uses artificial intelligence and machine learning to provide individuals and small and medium businesses with easy access to finance through loans, credit cards and other products and has already signed up over 90 lenders on its platform.

Jet Airways: Investors keen, but talks stuck over Naresh Goyal#39;s role

Apart from the Tatas, Delta Airlines has also held talks with Jet Airways for a possible stake buy. But both of the prospective investors want to take over the control from Naresh Goyal
Moneycontrol Business News

Jet Airways: Investors keen, but talks stuck over Naresh Goyal#39;s role

Apart from the Tatas, Delta Airlines has also held talks with Jet Airways for a possible stake buy. But both of the prospective investors want to take over the control from Naresh Goyal

Next startup wave to target 300 million tier 2,tier 3 consumers, says Orios Ventures#39; Anup Jain

Healthcare, Fintech, ed-tech and interactive language entertainment are one of the big markets in small towns according to Jain
Moneycontrol Business News

Next startup wave to target 300 million tier 2,tier 3 consumers, says Orios Ventures#39; Anup Jain

Healthcare, Fintech, ed-tech and interactive language entertainment are one of the big markets in small towns according to Jain

Anil Agarwal indicates he is open to raising bid for Essar Steel

Agarwal said Vedanta#39;s Rs 35,000-36,000 crore offer in the first round of bidding for Essar Steel was the highest in the three-way race for Essar Steel that lenders are auctioning to recover about Rs 50,800 crore of overdue loans.
Moneycontrol Business News

Anil Agarwal indicates he is open to raising bid for Essar Steel

Agarwal said Vedanta#39;s Rs 35,000-36,000 crore offer in the first round of bidding for Essar Steel was the highest in the three-way race for Essar Steel that lenders are auctioning to recover about Rs 50,800 crore of overdue loans.

Science

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Funderbeam CEO to talk about disrupting startup funding at Disrupt Berlin

Startup funding hasn’t changed much in the past decade. Funderbeam is an interesting company trying to turn everything upside down using a marketplace approach, a modern syndication system and a blockchain-based platform. I’m excited to announce that Fund
TechCrunch

Funderbeam CEO to talk about disrupting startup funding at Disrupt Berlin

Startup funding hasn’t changed much in the past decade. Funderbeam is an interesting company trying to turn everything upside down using a marketplace approach, a modern syndication system and a blockchain-based platform. I’m excited to announce that Funderbeam founder and CEO Kaidi Ruusalepp will come to TechCrunch Disrupt Berlin. The first boom of venture capital […]

Jane VC, a new fund for female entrepreneurs, wants founders to cold email them

Want to pitch a venture capitalist? You’ll need a “warm introduction” first. At least that’s what most in the business will advise. Find a person, typically a man, who made the VC you’re interested in pitching a whole bunch of mo
TechCrunch

Jane VC, a new fund for female entrepreneurs, wants founders to cold email them

Want to pitch a venture capitalist? You’ll need a “warm introduction” first. At least that’s what most in the business will advise. Find a person, typically a man, who made the VC you’re interested in pitching a whole bunch of money at some point and have them introduce you. Why? Because VCs love people who’ve […]

Jane.VC, a new fund for female entrepreneurs, wants founders to cold email them

Want to pitch a venture capitalist? You’ll need a “warm introduction” first. At least that’s what most in the business will advise. Find a person, typically a man, who made the VC you’re interested in pitching a whole bunch of mo
TechCrunch

Jane.VC, a new fund for female entrepreneurs, wants founders to cold email them

Want to pitch a venture capitalist? You’ll need a “warm introduction” first. At least that’s what most in the business will advise. Find a person, typically a man, who made the VC you’re interested in pitching a whole bunch of money at some point and have them introduce you. Why? Because VCs love people who’ve […]

E-moto startup Alta Motors reportedly powers down

Brisbane, California based e-motorcycle startup Alta Motors has ceased operations, TechCrunch has confirmed.  Earlier today Asphalt and Rubber — and several subsequent outlets — reported the company stopped operating this morning, fired its sta
TechCrunch

E-moto startup Alta Motors reportedly powers down

Brisbane, California based e-motorcycle startup Alta Motors has ceased operations, TechCrunch has confirmed.  Earlier today Asphalt and Rubber — and several subsequent outlets — reported the company stopped operating this morning, fired its staff, and may be looking for a buyer. Alta has yet to comment on the situation. “As of this morning I no longer represent […]

The space pen became the space pen 50 years ago

Everyone knows about the space pen. NASA spent millions on R&D to create the ultimate pen that would work in zero gravity and the result was this incredible machine. Well, no. In fact it was made by a pen manufacturer in 1966 — but it wasn't until Octo
TechCrunch

The space pen became the space pen 50 years ago

Everyone knows about the space pen. NASA spent millions on R&D to create the ultimate pen that would work in zero gravity and the result was this incredible machine. Well, no. In fact it was made by a pen manufacturer in 1966 — but it wasn't until October of 1968 that it went into orbit and fulfilled its space pen destiny.

Culture

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Volunteers digitize, preserve collection of Field Museum

CHICAGO (AP) - Hundreds of volunteers have descended on Chicago's Field Museum to read, log, digitize and preserve specimens collected by the institution. The effort is called WeDigBio. Over the next few days, volunteers' work is expected to help scientists g
www.washingtontimes.com stories: Travel

Volunteers digitize, preserve collection of Field Museum

CHICAGO (AP) - Hundreds of volunteers have descended on Chicago's Field Museum to read, log, digitize and preserve specimens collected by the institution. The effort is called WeDigBio. Over the next few days, volunteers' work is expected to help scientists get a better sense of the history of life on ...

Brit, Canadian face 10 years in jail for spraying Thai wall

BANGKOK (AP) - Police say a Briton and Canadian face up to 10 years in prison on charges of spraying paint on an ancient wall in northern Thailand. Security camera footage purportedly shows Furlong Lee and Canadian Brittney Lorretta Katherine Schneider, both
www.washingtontimes.com stories: Travel

Brit, Canadian face 10 years in jail for spraying Thai wall

BANGKOK (AP) - Police say a Briton and Canadian face up to 10 years in prison on charges of spraying paint on an ancient wall in northern Thailand. Security camera footage purportedly shows Furlong Lee and Canadian Brittney Lorretta Katherine Schneider, both 23, spraying a message on the walls of ...

Stiff + Trevillion’s Sea Green, Brick Clad Building in Soho to House Damien Hirst’s Studio

Stiff + Trevillion’s sea green, brick clad building on Beak Street in the Soho and Chinatown Conservation Area will house the renowned British artist Damien Hirst’s Studio.The new building for Landcap and Enstar Capital is spread over 1900 sq m across fou
Architecture & Design

Stiff + Trevillion’s Sea Green, Brick Clad Building in Soho to House Damien Hirst’s Studio

Stiff + Trevillion’s sea green, brick clad building on Beak Street in the Soho and Chinatown Conservation Area will house the renowned British artist Damien Hirst’s Studio.The new building for Landcap and Enstar Capital is spread over 1900 sq m across four floors that will be used as office space, and also features a 477 sq m restaurant at ground and basement levels. Damien Hirst recently purchased the building and is converting it into his studio.“Fulfilling part of his requirement for high ceilings, a voluminous double height space was created by a void in the second floor slab, providing a dramatic space that runs through the centre of the building. A ‘letterbox’ opening is cut into every floor slab directly over the service corridor at the back of the building, to enable large scale artworks to be hoisted up and down the building. A high level of craftsmanship to the building’s exterior offers visual stimulation and reflects the rich artistic context of the site. Inspired by the cultural tradition that gives heightened importance to the corner of a building, a striking visual accent to the building’s corner acts as a beacon for the building. Collaborating with artist Lee Simmons, the window reveals are encased in large cast aluminium panels to give the illusion of deep relief and texture. This unique textural work feathers out around the building’s cornice to crown the glazed facade,” stated Stiff + Trevillion.The facade features darker, deep blue bricks at the base of the building, and lighter sea green in the main body, which alludes to the process of hand dipping each glazed brick.Lance Routh, Director at Stiff + Trevillion, said: “We wanted to design a building which would contribute to the vibrancy and creative appeal of Soho, whilst being sensitive to the surrounding brick architecture. The level of craftsmanship and detail in the facade, combined with the distinctive colour of the brickwork, has resulted in a unique building which we hope will be an inspiring workplace for Damien Hirst and his team.”Rakan McKinnon, Director at LandCap, commented: “Stiff + Trevillion has transformed this site to create a stunning building worthy of its historic Soho setting. Through its design-led approach the practice has created a new building which we think will be worthy of listing in the future. The commercial success of the building has reinforced our belief in the importance of investing in good design.”Click on the slideshow for a sneak peek at the building.http://www.blouinartinfo.com/                                                              Founder: Louise Blouin 

La Triennale di Milano Dedicates a Major Monographic Exhibition to Achille Castiglioni

La Triennale di Milano is devoting a major monographic exhibition to Achille Castiglioni (1918-2002), one of the most important masters of Italian design. Curated by Patricia Urquiola in collaboration with Federica Sala, the exhibition “A Castiglioni” mar
Architecture & Design

La Triennale di Milano Dedicates a Major Monographic Exhibition to Achille Castiglioni

La Triennale di Milano is devoting a major monographic exhibition to Achille Castiglioni (1918-2002), one of the most important masters of Italian design. Curated by Patricia Urquiola in collaboration with Federica Sala, the exhibition “A Castiglioni” marks the centenary of the architect’s birth. The exhibition is on view through January 20, 2019 at Palazzo della Triennale.Achille Castiglioni was considered one of the founding fathers of the profession and of the Italian design system. “Castiglioni’s approach is simple and direct but with a wealth of inquisitiveness and irony, and it became the method he used to train later generations of designers,” writes Fondazione La Triennale di Milano in a press release. “The items he designed — most of which are still in production today, and among their manufacturers’ best-selling products — take inspiration from the everyday world and transform it into something new, adopting a wry approach to the relationship between form and function.” Castiglioni designed more than 400 temporary display installations for exhibitions and fairs. He worked with countless companies in the sector as a designer, including Alessi, Brionvega, B&B Italia, BBB Bonacina, Cimbali, Danese, Driade, De Padova, Flos, Cassina, Moroso, Knoll International, Kartell, and Zanotta.“To give a clear picture of this highly active and, in a sense, timeless figure, it has been decided not to adopt a chronological or schematic approach but to show his work by means of a series of often overlapping and intersecting aggregates of content. The idea is thus to create a map of recurrent macro and micro concepts in his designs, in a non-hierarchic, non-linear, ramified manner,” states Fondazione La Triennale di Milano.Curator Patricia Urquiola has grouped the designs in twenty clusters and displayed them in relation to each other. This helps to illustrate Castiglioni’s approach to design and the method he adopted in his work: from product design through to large-scale architecture, by way of the many display designs that were emblematic of his professional career, according to Fondazione La Triennale di Milano.The celebrated architect’s legacy of more than 60 years of activity is kept alive today by the Fondazione Achille Castiglioni — in the historic studio in Piazza Castello — dedicated to catalog, sort, archive, digitize projects, drawings, photos, models, and videos.  Patricia Urquiola is an architect and designer who made her first steps together with Castiglioni — she graduated under him at the Politecnico University of Milan in 1989. She took up both his legacy and his ability to surprise through design.The exhibition is on view through January 20, 2019, at Palazzo della Triennale, Viale Alemagna, 6 - 20121 MilanoFor more information, visit: http://www.triennale.org/en/Click on the slideshow for a sneak peek at the exhibition.http://www.blouinartinfo.com/                                                              Founder: Louise Blouin 

Auction Preview: The Ollivier Collection of Early Chinese Art - A Journey through Time at Bonhams, London, Nov 8

What: The Ollivier Collection of Early Chinese Art - A Journey through TimeWhere: Bonhams, 101 New Bond Street, London, W1S 1SRWhen: Nov 8, 10:30 GMTPublic Viewing: 04 Nov 2018 11:00 - 17:00 GMT, 05 Nov 2018 09:30 - 16:30 GMT, 06 Nov 2018 09:30 - 16:30 GMTTo
Lifestyle

Auction Preview: The Ollivier Collection of Early Chinese Art - A Journey through Time at Bonhams, London, Nov 8

What: The Ollivier Collection of Early Chinese Art - A Journey through TimeWhere: Bonhams, 101 New Bond Street, London, W1S 1SRWhen: Nov 8, 10:30 GMTPublic Viewing: 04 Nov 2018 11:00 - 17:00 GMT, 05 Nov 2018 09:30 - 16:30 GMT, 06 Nov 2018 09:30 - 16:30 GMTTop Lots of the Sale:- «An important archaic bronze ritual food vessel, Gui» - Western Zhou Dynasty. The compressed ribbed globular vessel with flaring rim raised on a hollow pedestal foot terminating in a straight foot rim, cast below the gently everted rim with a band of dragons. Measured at 32.5cm (12 3/4in) wide. Estimated Price: USD 455,700 - USD 651,000- «An important archaic bronze ritual tripod wine vessel, Jia» - Early Western Zhou Dynasty. The bulbous vessel divided into three bulging lobes each elegantly tapered to a straight leg, simply cast with a pair of 'bow strings'. Measured at 35.5cm (13 3/4in) high. Estimated Price: USD 390,600 - USD 651,000- «A magnificent and massive sancai-glazed model of a Bactrian camel» - Tang Dynasty. The camel powerfully modelled in mid-striding pose with its tall hair-lined neck reared back, the head raised and mouth open as if bellowing. Measured at 82cm (32 1/4in) high. Estimated Price: USD 390,600 - USD 520,800- «An extremely rare and massive archaic bronze ritual vessel, Fang Hu» - Eastern Zhou Dynasty. Of pear shape and lobed rectangular cross-section and on a spreading base supported on the backs of four horned buffalo. Measured at 68cm (26 3/4in) high. Estimated Price: USD 325,500 - USD 455,700- «A white marble head of Mahasthamaprapta» - Northern Qi Dynasty. The face gracefully carved with ample rounded brows tapering above slender undulating eyes. Measured at 34cm (13 3/8in) high. Estimated Price: USD 325,500 - USD 390,600- «A very rare pair of large inlaid bronze square vessels and covers, Fang Hu» - Early Western Han Dynasty. The vessels of square section, each supported on a tall, slightly splayed foot, the shoulders with two relief-cast taotie mask. Measured at each 41cm (16 1/8in) high. (4). Estimated Price: USD 260,400 - USD 390,600- «A large and rare archaic bronze vessel, Hu» - Late Shang Dynasty. The pear-shaped body of oval section supported on a spreading foot cast with a band displaying large taotie masks. Measured at 41cm (16 1/8in) high. Estimated Price: USD 234,360 - USD 286,440- «A very rare archaic bronze tripod vessel, Jiao» - Late Shang Dynasty. The deep ovoid body resting on three splayed blade-like legs, finely cast in relief on each side with a taotie mask with protruding eyes, curly fangs, C-shaped horns and clawed forelegs. Measured at 22cm (8 2/3in) high. Estimated Price: USD 195,300 - USD 260,400For details, visit: https://www.bonhams.comClick on the slideshow for the highlights of the sale.https://www.blouinartinfo.comFounder: Louise Blouin 

Auction Preview: Hiroshi Sugimoto Photographs: The Fossilization of Time at Christie's, Paris, Nov 8

What: Hiroshi Sugimoto Photographs: The Fossilization of TimeWhere: Christie's, 9 Avenue Matignon, ParisWhen: Nov 8, 6:00 PMPublic Viewing: 3 Nov, 10am - 6pm, 5 Nov, 10am - 6pm, 6 Nov, 10am - 6pm, 7 Nov, 10am - 6pm, 8 Nov, 10am - 12pmTop Lots of the Sale:- &l
Lifestyle

Auction Preview: Hiroshi Sugimoto Photographs: The Fossilization of Time at Christie's, Paris, Nov 8

What: Hiroshi Sugimoto Photographs: The Fossilization of TimeWhere: Christie's, 9 Avenue Matignon, ParisWhen: Nov 8, 6:00 PMPublic Viewing: 3 Nov, 10am - 6pm, 5 Nov, 10am - 6pm, 6 Nov, 10am - 6pm, 7 Nov, 10am - 6pm, 8 Nov, 10am - 12pmTop Lots of the Sale:- «Sea of Japan, Rebun Island, 1996» - Hiroshi Sugimoto (born 1948); silver print, silver, inked on a photographer's label bearing the title, date and edition number '5/5' Neg # 460 '(back of frame). Measured at image / sheet / mounting: 119.2x148.5 cm. (47x58 ¾ in.)  Estimated Price: USD 231,458 - 347,188- «Bass Strait, Table Cape, 1997» - Hiroshi Sugimoto (Born in 1948); silver print, mounted on a silver, signed ink on a photographer's label bearing the title. Measured at image / sheet / mounting: 119.2x148.5 cm. (47x58 ¾ in.)  This print is number three in an edition of five. Estimated Price: USD 231,458 - 347,188- «Brooklyn Bridge, 2001» - Hiroshi Sugimoto (Born in 1948); silver print, silver, signed on a label of the photographer with the title, date and edition number '2/5'. Measured at image / sheet / mounting: 148.5x119.2 cm. (58 ¾x47 in.)  Estimated Price: USD 138,875 – 208,312- «Church of the Light, 1997» - Hiroshi Sugimoto (Born in 1948); silver print, mounted on silver ink on a photographer's label bearing the title, date and issue number '4/5'. Measured at image / sheet / mounting: 148.5x119.2 cm. (58x47 in.) Estimated Price: USD 115,729 - 173,594- «Woodland Chapel, 2001» - Hiroshi Sugimoto (Born in 1948); silver print, mounted on silver ink on a photographer's label bearing the title, date and edition number '4/5' . Measured at image / sheet / mounting: 148.5x119.2 cm. (58x47 in.). Estimated Price: USD 115,729 - 173,594- «In Praise of Shadow, 1998» - Hiroshi Sugimoto (Born in 1948); silver print, mounted on silver ink on a label of the photographer with the title, date and issue number '2/5' (back of frame). Measured at image / sheet / mounting: 148.5x119.2 cm. (58 ¾x47 in.) Estimated Price: USD 69,437 - 92,583- «Lightning Fields # 128, 2009» - Hiroshi Sugimoto (Born in 1948); silver print, mounted on silver ink on a photographer's label bearing the title, date and issue number '5/5' (back of frame). Measured at image / sheet / mounting: 148.5x119.2 cm. (58x47 in.) Estimated Price: USD 57,864 - 81,010- «Chapel of Notre-Dame-du-Haut, 1998» - Hiroshi Sugimoto (Born in 1948); silver print, mounted on a support signed in silver ink on a photographer's label bearing the title, date and edition number '2 / 5 ',' Neg # 932 '(back of frame). Measured at image / sheet / mounting: 148.5x119.2 cm. (58 ¾x47 in.) Estimated Price: USD 57,864 - 81,010For details, visit: https://www.christies.com/Click on the slideshow for the highlights of the sale.https://www.blouinartinfo.comFounder: Louise Blouin 

Sport

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FE will not give best efficiency point in season five

The series had evaluated replacing the current point available for setting the fastest lap with one to reward for the driver in the top five positions who used the least amount of energy in a race. But it is understood that this was rejected by the FIA’s Wo
Motorsport.com - All - Stories

FE will not give best efficiency point in season five

The series had evaluated replacing the current point available for setting the fastest lap with one to reward for the driver in the top five positions who used the least amount of energy in a race. But it is understood that this was rejected by the FIA’s World Motor Sport Council and the points format used in season four – only drivers in the top 10 can score the fastest lap point – will ... Keep reading

Yamaha's Thailand breakthrough «confirmed» - Vinales

Vinales posted the fifth-fastest time of the first session in Japan on Friday morning, 0.282s off the pace of Ducati rider Andrea Dovizioso. Rain prior to second practice rendered the session unrepresentative, with neither Vinales nor Rossi setting a laptime
Motorsport.com - All - Stories

Yamaha's Thailand breakthrough «confirmed» - Vinales

Vinales posted the fifth-fastest time of the first session in Japan on Friday morning, 0.282s off the pace of Ducati rider Andrea Dovizioso. Rain prior to second practice rendered the session unrepresentative, with neither Vinales nor Rossi setting a laptime on slick tyres and ending up outside of the top 10. But despite the disruption, Vinales said he felt FP1 provided enough evidence to ... Keep reading

Verstappen: F1's penalty points belong «in the bin»

Penalty points were introduced for the 2014 season as a way of punishing repeat offenders, with drivers who accumulate more than 12 points automatically banned from the next race. The concept gained momentum after Romain Grosjean picked up a one-race ban in 2
Motorsport.com - All - Stories

Verstappen: F1's penalty points belong «in the bin»

Penalty points were introduced for the 2014 season as a way of punishing repeat offenders, with drivers who accumulate more than 12 points automatically banned from the next race. The concept gained momentum after Romain Grosjean picked up a one-race ban in 2012, for triggering a first-corner accident at Spa which was influenced by his record of incidents in previous races. Verstappen is ... Keep reading

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