Facebook wants to put a mic and camera in your home with the Portal

Facebook has announced Portal, a series of devices that let you do voice or video calls to other Facebook and Messenger users. Two different models were announced today, the Portal and the larger Portal+. The smaller Portal is an Amazon Echo Show style device, which is basically a giant display with a speaker. The 10.1-inch display has a resolution of 1280×800 and has 10W dual speakers. The Portal uses an array of four far-field microphones that records your conversations picks up your voice commands and a 12MP wide-angle camera that watches you sleep lets…

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Buy Reliance Home Finance; target of Rs 91: Cholamandalam Securities

RELHF’s loan book grew by 26% YoY to INR 156.4bn (lower than CSEC’s estimate of 47%). However, the book declined by 4.5% sequentially. Growth in AUM came predominantly from Construction finance and individual loans segments which grew by 25% and 21% YoY respectively. The management expects its AUM to grow by 45% CAGR over FY19-21E. Self employed segment, being the niche area for the company, continued to constitute 75% of Home loan disbursements in 1QFY19. Adding to the de-growth in loan book, the company also saw a 30bps (QoQ) dip…

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Buy Repco Home Finance; target of Rs 684: Cholamandalam Securities

Cholamandalam Securities’ research report on Repco Home Finance   RHFL’s loan book grew at moderate rate (10.3%YoY, 3.9%QoQ) to INR 99bn on the back of higher disbursements (27.7% YoY, 29.2% QoQ). In 4QFY18, Sanctions grew by 32.2% YoY (19.4% QoQ) which poses healthy loan growth trajectory for coming quarters. The management expects loan book to grow by ~20% in FY19E (15% growth in TN and 20-25% growth in ex-TN regions) and disbursements by 35-36% in FY19E. Growth in loan book was led by salaried segment (18.8%YoY). Non-salaried segment witnessed a moderate…

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In Karnataka, HD Kumaraswamy’s Party Gets Finance, Congress Home Ministry

NEW DELHI:  After days of negotiation, HD Kumaraswamy’s Janata Dal Secular and the Congress have finalized the division of power — with the crucial finance ministry going to the regional party and the home department to the Congress. The cabinet expansion is expected over the week-end, said party sources. The Congress is expected to get 22 of the 34 ministries and the JD(S) 12. Last week, only Chief Minister Kumaraswamy and Deputy Chief Minister G Parameshwara of the Congress took oath amid speculation of conflict between the coalition partners over cabinet…

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This is how a Lamborghini supercar gets home delivered in India

Driving a brand-new car from the authorized dealership to your home is a really special, one-of-its-kind experience, innit? But what if your spanking new ride is wrapped up, loaded on a flatbed truck and delivered to your doorstep? You can see something similar in the video we have below – a new Lamborghini Huracan Performante is delivered to the doorsteps of its rich (and enviable) owner in Hyderabad. It’s not uncommon to see these brand new exotic cars being transported to their owners on a flatbed. The cars have a couple…

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Parents didn’t have electricity at home or enough money to send me to school: UPSC rank 3 topper

How did a farmer’s son from a remote village in Andhra Pradesh make it to rank three, all-India level, in the Union Public Service Commission’s civil services 2016 examination? There was a time when 30-year-old Gopala Krishna Ronanki’s parents, Ronanki Appa Rao and Rukminamma, an agricultural labourer often out in the fields, did not even have electricity at home or enough money to send him to a private school. Ronanki has been a teacher in a primary school for the last 11 years. His family belongs to Parasamba village of…

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How to Choose a Home Renovation Contractor

If you ever decide to renovate your home, it is recommended that you hire a professional contractor to assist you with the job. Professional contractors will be able to ensure that you maintain the aesthetic of your home, while upgrading certain aspects of your home at the same time. Hiring a professional contractor will relieve the stress of renovating your own home, because most of the heavy lifting will be done by the contractor and his team. However, this does mean that you have to be careful in choosing the…

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Google, GE Appliances Partner to Expand Smart Home Ambitions

GE Appliances announced a deal with Google Wednesday enabling the US tech giant’s voice control home hub to be used for cooking, cleaning and other functions. The deal enables GE’s “Geneva” to communicate with the Google Assistant, so users can say: “Ok Google, ask Geneva Home to set the oven timer for 10 minutes.” The announcement comes nearly a year after GE Appliances unveiled a similar tie-up with Amazon’s Alexa-powered speakers.   It also comes as Google was expected to unveil more partnerships and initiatives in artificial intelligence at its…

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Kuri home robot can read to your kids and watch your home

You may not have to wait for the likes of ASUS’ Zenbo to cross the ocean before you can get an affordable home robot. Mayfield Robotics (one of Bosch’s startups) has taken the wraps off of Kuri, a 20-inch-tall robot companion that promises to play nicely with your smart home. It can answer questions with a human-like touch (facial expressions, head gestures and sounds), watch over your home with a 1080p camera and play audio, whether it follows you around with music or reads to your kids. It’s reportedly easy…

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Get Quality IT Services from the Comfort of your Home

  Whetheryou are an established organization or a freelancer working on a laptop from your home, you cannot refuse to take the support that the IT industry has to give you in order to keep your work going. Starting withrepairing the modem at your home to setting up a server for your firm’s website, IT support services have become the backbone of almost every industry today. The technical support provided by various IT service providers is necessary to achieve various goals and milestones. Apart from the backend services, businesses in…

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