Tuesday 24th April 2018
  • What's logistics company Gati upto? A Quick Update!

    Logistics firm Gati is planning a rapid expansion of its network as it aims to achieve a target of delivering 10 lakh packages per day by 2022 from about 300,000 packages daily at present.

    For this, the company plans to add 100 more delivery locations in the next six-eight months, taking its total to 700 locations. Gati would also lease about 1 million square feet of space, taking its total leased area to 4.5 million square feet.

    Continued here

  • Interview: Kunwer Sachdev, MD & Founder of Su-Kam

    1. How is the overall solar sector placed to meet the set target of 100,000 MW by 2022? What has been Su-Kam's contribution towards the goal?
    Over the past five years, the company has established about 100 MW of rooftop solar systems both off-grid and on-grid with 70 percent of the sales happening over the last one year.
    The company is working in a number of states and off-grid systems are popular in UP and on- grid systems in the South, particularly Andhra Pradesh. We have developed highly advanced solar products that increase the efficiency and reliability of the system. Hybrid Solar System which can work as both off-grid and on -grid system and our Grid-Tie inverter which can work at low voltage conditions and is able to generate solar power even during low sunshine periods are among our innovative line of products.

    Continued here

  • The Paradox of Freedom: Erich Fromm on Moral Aloneness and Our Mightiest Antidote to Terror: Brain Pickings

    The Paradox of Freedom: Erich Fromm on Moral Aloneness and Our Mightiest Antidote to Terror: Brain Pickings
    "Freedom is not something that anybody can be given," James Baldwin wrote in contemplating how we imprison ourselves, "freedom is something people take and people are as free as they want to be." It is hard not to instinctually bristle at this notion - we all like to see ourselves as autonomous agents of our own destiny who would never willfully relinquish our freedom. And yet we do - beyond the baseline laws of physics and their perennially disquieting corollary regarding free will, which presupposes that even the nature of the faculty doing the relinquishing is not the sovereign entity we wish it were, we are governed by myriad ideological, social, economic, political, and psychological forces that mitigate the parameters of our freedom. Neuroscientist Christoph Koch put it perfectly in his treatise on free will: "Freedom is always a question of degree rather than an absolute good that we do or do not possess." Read more

  • Fly ash bricks- an untapped opportunity?

    Fly ash bricks can be an enormous opportunity for SMEs. Ironically however, even as transition from clay bricks to fly ash bricks has become imperative, given the environmental damages and top soil degradation caused by the manufacturing of clay bricks and also in view of the regulatory measures taken by the Central and state governments, not much progress has been made on ground zero. Read On...

  • It took robots three years to learn to build an IKEA chair- and just 20 minutes to finish it!

    Robots can build IKEA chairs now! - Quartz
    After years of failed attempts, a research team in Singapore has successfully taught a pair of robots to do something that many humans still can't: build an IKEA chair. The wooden Stefan chair is not the world's first piece of AI-assembled flatpack furniture: Robots at MIT built a simple Lack table in 2013. A chair is more complicated. And while a robot can be programmed to do a single assembly-line task efficiently, mastering all of the small tasks that IKEA assembly requires is a bigger challenge. Some of the same things humans struggle with, like fiddling with bags of screws, dowels, and doodads while trying to distinguish the slight variations in shape, are also difficult for robots. Researchers at Singapore's Nanyang Technological University spent three years programming robots to accomplish the specific tasks necessary to build this particular chair. The next stage will be expanding the machines' intelligence to be able to assemble a chair just by looking at a photograph of the final product Read more

  • What's the most difficult CEO skill? Managing your own psychology!- Ben Horowitz

    What's the most difficult CEO skill? Managing your own psychology!- Ben Horowitz
    By far the most difficult skill for me to learn as CEO was the ability to manage my own psychology. Organizational design, process design, metrics, hiring and firing were all relatively straightforward skills to master compared to keeping my mind in check. Over the years, I've spoken to hundreds of CEOs all with the same experience. Nonetheless, very few people talk about it and I have never read anything on the topic. It's like the fight club of management: The first rule of the CEO psychological meltdown is don't talk about the psychological meltdown. At risk of violating the sacred rule, I will attempt to describe the condition and prescribe some techniques that helped me. In the end, this is the most personal and important battle that any CEO will face. Read more

  • The second most important metric for every company

    The second most important metric for every company
    Let's start by clarifying the most important metric for every company. It is the North Star Metric (NSM), which Sean Ellis elegantly defines as the "single metric that best captures the core value that your product delivers to customers." Facebook's NSM is Daily Active Users (DAUs), which captures value delivered to users; Square's NSM is Gross Processing Volume (GPV), which captures value delivered to sellers; AirBnB's NSM is Nights Booked, which (since AirBnB is a marketplace) captures value delivered to both hosts and guests. The North Star Metric is necessary and essential for a company to align its strategy, plans and people around. When company leaders set internal goals or talk publicly about the company's growth, they do so in terms of the NSM. But the NSM is not sufficient. Read more

  • Scheme to buy 2500 MW power via tariff based bidding will provide partial relief to power producers

    The scheme for procurement of 2,500 Megawatt (Mw) of coal-based power capacity for three years from operational coal-based projects without long-term Power Purchase Agreements (PPAs) from the Ministry of Power is likely to provide only a partial relief to power generators, believe experts. Read more

  • FY19 to see modest 1% growth in Cement demand

    Domestic cement demand is expected to register a modest growth of around 1% in FY19 on the back of a rebound in cement demand from Q4FY18 as against the earlier expectations in the third quarter, said market experts. The cement off-take has continued to remain weak in the first of FY18 and also in October 2017 because of factors such as weak real estate activity, sand shortage and GST implementation issues. However, if we look at the DIPP data, industry volumes increased by 23% yoy in February 2018. Read more

  • Maker's Schedule, Manager's Schedule! - Paul Graham

    Maker's Schedule, Manager's Schedule! - Paul Graham
    One reason programmers dislike meetings so much is that they're on a different type of schedule from other people. Meetings cost them more. There are two types of schedule, which I'll call the manager's schedule and the maker's schedule. The manager's schedule is for bosses. It's embodied in the traditional appointment book, with each day cut into one hour intervals. You can block off several hours for a single task if you need to, but by default you change what you're doing every hour. When you use time that way, it's merely a practical problem to meet with someone. Find an open slot in your schedule, book them, and you're done. Most powerful people are on the manager's schedule. It's the schedule of command. But there's another way of using time that's common among people who make things, like programmers and writers. They generally prefer to use time in units of half a day at least. You can't write or program well in units of an hour. That's barely enough time to get started. It's important for bosses to understand this. Read more