Power Financial News

15.08 / 05:51

Citizens Progressive love country social Power Politics has become profession of power & money, rues ex-Solicitor General Justice Santosh Hegde

power and money, and ceased to be a service, former Solicitor General of India Justice N Santosh Hegde rued on the country's independence day. Speaking to PTI here, the retired Judge of the Supreme Court also said there should an all out effort to inculcate two social values — contentment and humanism — so that there could be solidarity and peace in the society. Before independence many in the country fought against foreign rule and for independence without any monetary gain; it was because of their love for the country, it was a sacrifice, he recalled.

14.08 / 22:55

COST UPS Ford performer dividend Power Wine Penfolds power enables Treasury Wine Estates to lift dividend

A strong performance from the high-end Penfolds division has helped Australia’s largest wine group Treasury Wine Estates withstand a tougher consumer spending environment, with demand for more expensive wines still robust even after price rises.

14.08 / 18:29

Waves FLEX show Power California grid warns heat wave will stoke power demand

(Reuters) — California's Independent System Operator (ISO) warned of high temperatures and increased electricity usage during the coming week as the grid operator prepares for tight conditions works to ensure adequate supply.

14.08 / 17:13

COST SUN stage country Power Plan for India-Sri Lanka power line project in advanced stages

Mint had reported in January this year that the public sector Power Grid Corporation of India had prepared a preliminary report for the project. Mint reported that the interconnection would take place through overhead power lines and not subsea cables. Talks on establishing power grid connectivity have been on for over a decade now.

14.08 / 16:55

UPS Reuters Power letter index Greenlight bought Onex and NET Power shares in Q2, added index hedges -letter

NEW YORK (Reuters) — Greenlight Capital made investments in alternative asset manager Onex Corp and clean energy company NET Power during the second quarter but also added portfolio protection through index hedges, the hedge fund told investors on Monday.

14.08 / 11:27

UPS BLOCK Maxim country Explainer Power Mint Explainer: What is India doing to meet its rising power demand?

Mint takes a look at the trend in India's power demand and how the government plans to manage the rising need. Power demand remained elevated due to high temperatures after subdued demand in July following heavy rains across parts of north India. The peak demand has neared the Central Electricity Authority's (CEA) projection of 230 GW peak power demand for this year.

14.08 / 10:01

FIVE Power committee Bill on EC appointments gives power to PM-led panel to consider names beyond those recommended by Search Committee

chief election commissioner and election commissioners will have the power to consider even those not short-listed by the cabinet secretary-led Search Committee, according to a bill introduced in Parliament. According to Section 6 of the Chief Election Commissioner and other Election Commissioners (Appointment, Conditions of Service and Term of Office) Bill, a Search Committee headed by the cabinet secretary and comprising of two other members not below the rank of secretary, having knowledge and experience in matters relating to elections, shall prepare a panel of five persons for consideration of the Selection Committee for appointment as the CEC and ECs.

14.08 / 09:43

Provident Avid performer blues Power 9 Bosch Angle Grinders with power and precision starting at just Rs.2,100

Starting at an accessible price point of just Rs.2,100, these angle grinders provide an entry into a world of versatile and efficient grinding and cutting. Whether you're a professional craftsman or an avid DIY enthusiast, these tools are engineered to meet your needs with uncompromising performance. From small-scale tasks to more intricate projects, Bosch Angle Grinders empower you to achieve exceptional results, underscoring the brand's dedication to excellence in every tool they offer.

14.08 / 08:43

UPS Lowe's Booking Gap SENSEX Power Adani Power shares down 0.65% as Sensex falls

Adani Power Ltd. fell 0.65 per cent to Rs 286.25 in Monday's session as of 02:00PM (IST) even as the equity benchmark Sensex traded 27.5 points lower at 65295.15. Earlier in the day, the stock witnessed a gap down start to the session.

14.08 / 02:27

MET Progressive Extreme Celebrity show country Power independence day Pakistan PM Sharif hands over power to caretaker government ahead of Pak Independence Day

Tehreek-e-Insaf (PTI) Chairman Imran Khan from office through a no-confidence vote. PM Sharif started his farewell address by announcing that he was handing over the responsibility of running the nation to a caretaker government after the conclusion of his government's 16-month tenure, according to a report published by Dawn. PM Sharif's farewell address came ahead of Pakistan's Independence Day which is celebrated on August 14 every year.

13.08 / 19:43

UPS Cooper country rock Power Nepal PM likely to sign power pact with China during Sept trip

Prachanda's China visit in September could result in a power trading agreement on the lines of the Himalayan nation's cross-border power trading agreement with India, signalling a balancing act by the former Maoist leader. Nepal wants to develop a cross-border transmission line with China via the border district of Rasuwa, which is expected to be signed during Prachanda's visit, according to Kathmandu-based sources. Nepal also wants to learn best practices in agriculture from China while simultaneously engaging with India in the same sector, according to one of sources quoted above.

13.08 / 18:11

Provident Aviat Mobile Duke plane Power Plane crash at Lake Hickory leaves over 18,000 without power in Caldwell and Catawba Counties; Details here

Plane Crash at Lake Hickory Causes Power Outage for 18,000 Residents in Caldwell and Catawba Counties Early Sunday morning, an unfortunate plane crash near Lake Hickory has led to a significant power outage affecting approximately 18,000 residents in both Caldwell and Catawba counties. The aircraft incident occurred off 32nd Avenue Drive NW, according to initial reports. Catawba County Communications indicated that the plane had made contact with powerlines during the crash.

13.08 / 08:25

Aware Remark country cover hospital Power "Happy to give Rs 50 lakh from MP fund," Rahul Gandhi inaugurates power facility at Wayanad hospital

Congress leader on Sunday inaugurated the power facility at Dr Ambedkar District Memorial Cancer Center in Kerala's Wayanad and said that he is happy to give Rs 50 lakh from the MP fund. «I am very happy to come here and inaugurate the power plant. I hope this electrical line will help the hospital.

13.08 / 05:09

Target NIFTY Power Adani Power, HCL Tech look attractive for short term. Here's why

Nifty remained predominantly rangebound, with the benchmark index slipping below 19,500. However, it did not experience a significant correction as traders chose to stay on the sidelines due to the upcoming holidays. From a technical standpoint, the Nifty continues to exhibit a bearish trend as it remains below the 21-day Exponential Moving Average (21-EMA).

12.08 / 12:55

Power Solar 500 After launching Rs 500 cr solar projects, Meghalaya govt scraps thermal power plans

Meghalaya cabinet has approved a proposal to scrap a 500 MW thermal power project after the North Eastern Electric Power Corporation Limited (NEEPCO) expressed its interest in green energy, Power Minister AT Mondal said on Saturday. The minister said that following the cabinet clearance, an MoU signed with the company will now stand scrapped, though the government will continue to pursue the project with other interested parties in the future to bridge the huge power deficit.

12.08 / 10:11

UPS Manufacturing CEO Mobile Power Servotech Power, UP govt collaborate to set up EV charger manufacturing plant at Rs 300 cr investment

Servotech Power Systems will invest Rs 300 crore to set up an EV charger manufacturing plant in Uttar Pradesh as part of an agreement with the state government. The manufacturing facility is being set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022, the company said in a statement on Saturday.

12.08 / 07:43

Citi Waters Power Bengaluru: Power cut in several parts of the city on 13 August. See list of affected areas here

Several areas in Bengaluru are expected to witness power cuts today and tomorrow i.e. on 12 and 13 August.

12.08 / 03:03

COST Target social Power Nuclear power Ban on nuclear power make no sense, says Coalition

Households and business will be condemned to higher power prices for decades if Australia does not embrace nuclear power, according to Coalition senators who are trying to overturn the existing ban.

11.08 / 16:23

Power Q4 Jindal Steel &Power Q4 net down 14% at ₹1,687 crore

₹1,686.94 crore, a fall of 14.37% year-on-year (YoY) from ₹1,960.13 crore during the same period last fiscal. The company reported adjusted Ebitda of ₹2,704 crore, a 17% fall YoY. The company is on the path of deleveraging, with the net debt reduced by ₹141 crore to stand at ₹6,812 crore, with net debt-to-Ebitda at 0.75x, while debt-to-equity stood at 0.29.

11.08 / 11:07

Citi Target Williams Progressive Strategy exclusive Power analyst 4 big analyst cuts: Plug Power slashed to Neutral, Wolverine gets 3 downgrades

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Plug Power, Wolverine Worldwide, Cano Health, and Stanley Black & Decker.

11.08 / 11:03

Lowe's SUN NIFTY SENSEX performer Power Top gainers, losers today: HCL Tech, Titan, Power Grid, Asian Paints, IndusInd Bank; check full list

Nifty settled lower for the second consecutive session on August 11 amid weak global cues with the dollar's rise against its major global peers after the US inflation came in steady. US consumer prices rose moderately last month which raised hopes that the US Fed will leave interest rates steady next month. Sensex opened 40 points higher at 65,727.80 against the previous close of 65,688.18 but soon slipped into the red and traded in the negative territory for the rest of the session.

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