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Reliance Power is planning to raise around ₹6,000 crore to expand operations, according to sources aware of the development after announcing last week that it had become a debt-free company. The board will meet today (Monday, September 23) to consider and approve the raising of long-term funds from domestic and/or global markets, either by way of preferential issues and/or QIP and/or rights issues and/or foreign currency convertible bonds. Reliance Power, among others, runs the 3960 MW pithead coal-based Sasan Ultra Mega Power Project in Madhya Pradesh and the 1200 MW coal-based Rosa Power Project in Uttar Pradesh. It also has a 45MW wind project in Maharashtra.

pre-poll alliance with the Congress for the Jammu and Kashmir Assembly elections was formed to give people an option to avoid a hung House, party vice-president Omar Abdullah said on Sunday. According to the seat-share agreement, the National Conference is contesting 51 seats, the Congress 32 and the CPI(M) one. The remaining six seats will witness a «friendly contest» between the Congress and the National Conference. Abdullah — who spoke to reporters at a shikara rally in the Dal lake in support of the party's Zadibal candidate Tanvir Sadiq — said, «Maybe they have something which allows them to see what has gone into the machines, we don't know what has gone into the machines. What we have heard from the people, there is no room for hung elections.» «We could have gone for a post-poll alliance but the alliance has been formed (before elections) to give people an option so that there is no hung assembly and there is no room for doubt that a government will not be formed,» he added.

Quad countries on Saturday announced Maritime Initiative for Training in the Indo-Pacific" (MAITRI) to enable Indo-Pacific partners to maximize tools provided through Indo-Pacific Partnership for Maritime Domain Awareness (IPMDA) and other initiatives. The Quad countries said they are proud to announce an ambitious expansion of their partnership to deliver trusted technology solutions to the broader Indo-Pacific region. «Anchored by shared values, we seek to uphold the international order based on the rule of law. Together, we represent nearly two billion people and over one-third of global gross domestic product. We reaffirm our steadfast commitment to a free and open Indo-Pacific that is inclusive and resilient,» read the Wilmington Declaration Joint Statement released after the Quad Summit.

US Presidential Elections 2024. In an interview, he said he presumes former US President Donald Trump will win this election ultimately, however, he would vote for Vice President Kamala Harris despite his prediction. He added that he feels most of the Americans are not intelligent enough to decide properly what is good for them. This statement has ignited debates about the matter of electoral outcomes, which is completely dependent on voter awareness, reported The Telegraph.

Ontario Provincial Police say they have uncovered a door-to-door sales fraud operation that victimized more than 200 older and vulnerable residents in Ontario.

Congress Committee chief Tariq Hamid Karra on Friday said BJP is touchy and exploitative about Article 370 and this is why Congress is focusing on restoration of statehood with all the rights for locals over land, jobs and admissions to educational institutions. Karra said the sole focus of Congress is to get absolute majority and keep BJP out of government. Congress and National Conference have entered into a pre-poll seat-sharing arrangement in the 90-seat assembly, under which NC is contesting 51 seats and Congress 32 seats. Five seats will see a friendly contest, and two seats have been reserved for CPIM in Kashmir and Panthers Party in Jammu.

Last year, five people hoping to view the Titanic wreckage died when their submersible imploded in the Atlantic Ocean

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Subscribe to enjoy similar stories. A deal between Constellation Energy and Microsoft will restart Pennsylvania’s Three Mile Island, the site of the country’s worst nuclear accident, to help power the tech giant’s growing artificial intelligence ambitions. Under the agreement, Constellation would revive the plant’s undamaged reactor, which was too costly to run and closed in 2019, and sell the power to Microsoft.

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Journalists at a news site that covers issues facing the Haitian community in the United States say they've been harassed and intimidated with racist messages for covering the false story about immigrants eating the pets of people in Springfield, Ohio

Sharp is actively scouting for an Indian partner to set up a display fab under the India Semiconductor Mission's (ISM) scheme for display fabrication facilities, people aware of the developments told ET. Sharp is in talks with several Indian players and top executives from its display vertical have met with potential partners, one of the sources said. «They have received a positive response from some and are in advanced stages of discussion and should announce their partner by the end of the year,» the person said. «Sharp has engaged in setting up display fabs for partners in other countries like China, Korea and Taiwan. In India, too, they are looking at a similar strategy wherein they are looking to partner with a strong Indian player who will take the lead on the project and they will provide their technical expertise,» the person said.

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In the past months, Bitgert has shown signs of increasing numbers of large investors, as seen in the increasing trading volume and price movement. This is a whale accumulation in the crypto space, and an enormous purchase of a currency by big investors, referred to as “whales,” might start a bull run. Their actions often convey a sense of trust in the currency, which inspires smaller investors to follow suit.

HDFC Bank hopes to complete a planned sale of loans worth more than Rs 90 billion ($1.08 billion) — its largest to date — by the end of September, three sources aware of the matter said on Thursday. The sources requested anonymity as they are not authorised to speak to media. HDFC Bank did not immediately reply to a Reuters query.

Subscribe to enjoy similar stories. Singapore's Temasek Holdings is close to buying Peak XV's 18-20% stake in Bengaluru-based Cloudnine Hospitals for around $125 million, three people aware of the development said. The deal, which has been in the works for more than a year and a half, may value the specialist mother and baby care hospitalat around $600 million, the people cited above said on the condition of anonymity.

electric vehicle, a midsize SUV called Concept eVX, in January 2025, Maruti Suzuki India plans to set up close to 25,000 EV charging points, multiple people aware of its plans said. In addition to tapping into its 5,100-plus service centres in 2,300 cities, the country's leading carmaker is also in talks with oil marketing companies (OMCs) and energy companies to create a charging ecosystem, which has been one of the biggest deterrents to faster adoption of electric mobility in the country, they said. «They (Maruti) have started surveying their dealer workshops for charging points,» said a person aware of the plans. «The plan is to have at least one dedicated bay and two charge points at its service centres. The company has already started training service mechanics in Bengaluru.»

Subscribe to enjoy similar stories. Mumbai:Mairaa could hear Bryan Adams’ Summer of 69 as soon as she opened the door to her apartment. She knew that Vivaan, her husband, only played Summer of 69 on loop when he was feeling a tad down.

Subscribe to enjoy similar stories. Online orders for categories such as fashion, accessories, home decor and kidswear are likely to be harder to return this festive season as companies look at maximising earnings and minimising logistics hurdles, experts said. Direct-to-consumer companies as well as e-commerce platforms Flipkart and Amazon may set a higher bar for accepting returns than in previous festive seasons to maintain margins by eliminating the costs of reverse logistics, staffing and packaging, according to two executives aware of the matter.

Subscribe to enjoy similar stories. Mumbai: Rising scrutiny on the flurry of small enterprises going public finally has Exhibit One: TrafikSol ITS Technologies Ltd. On Tuesday, BSE postponed the listing of TrafikSol shares after investor complaints reached the market regulator, a person aware of the matter said.

The lead engineer for an experimental submersible that imploded en route to the wreck of the Titanic says he felt pressured to get the vessel ready to dive and refused to pilot it for a journey several years earlier