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NTPC Green Energy, a wholly-owned subsidiary of NTPC. The company, which filed its draft prospectus in September, plans to raise Rs 10,000 crore through the IPO. The IPO is entirely a fresh issue of equity shares. The offer also includes a reservation for a subscription by eligible employees and a discount is being offered to eligible employees bidding in the employee reservation portion.

Subscribe to enjoy similar stories. Get ready for a big debate over the amount of red meat on your plate. Scientists advising the U.S.

power sector expansion plans, think tank GTRI said on Monday. The Global Trade Research Initiative (GTRI) said that India's power sector is facing a 30 per cent shortage of CRGO steel, essential for electric motors and transformers. With domestic production meeting only about 10-12 per cent of demand, India relies heavily on imports, it added. It said the immediate cause of the CRGO steel shortage is import uncertainty caused by the delayed license renewals by the Bureau of Indian Standards (BIS) for many foreign suppliers from Japan, South Korea and China.

asthma cases reported in 2019 were related to prolonged exposure to pollution due to PM2.5 or fine particulate matter, a finding that researchers said provided «sufficient evidence» on the link between air pollution and asthma. The review of 68 studies conducted from 2019-2023 across 22 countries, including South Asian ones, showed that for every 10 micrograms per cubic metre increase in PM2.5, the risk of developing childhood or adult asthma increases by over 21 per cent. The respiratory condition is marked by recurring symptoms of wheezing, coughing and breathlessness and can severely impair quality of life. «We estimate that globally in 2019, almost a third of asthma cases are attributable to long-term PM2.5 exposure, corresponding to 63.5 million existing cases and 11.4 million new cases,» first author Ruijing Ni, from the Max Planck Institute for Chemistry, said.

Dhriti Prasanna Mahanta, VP and Business Head, TeamLease Degree Apprenticeship, says these changes have led to increased demand for specialised roles. Mid-senior level hiring now includes positions like credit analysts, investment bankers and financial analysts who focus on risk evaluation, capital management and financial planning. Asset managers oversee investment portfolios, while product managers develop innovative financial products. In fintech, roles such as cybersecurity managers, data scientists, research analysts, software developers, machine learning experts and database architects have become crucial, leveraging advanced analytics and technology to drive business growth and enhance customer experiences. Aatash Shah, SVP and Head-Business, Manipal Academy of BFSI, says with 80% of transactions happening through digital platforms, operations roles are transitioning to digital-first, and recruitment now focuses on customer engagement via digital channels. This reflects the broader industry trend of moving towards digitally savvy roles over traditional operational positions.

Arvind Ltd on Monday reported a 25.44 per cent decline in consolidated net profit at Rs 62.77 crore in the second quarter ended September 30, 2024 impacted by higher expenses and a one-time hit due to rise in provision for deferred tax. The company had posted a consolidated net profit of Rs 84.19 crore in the corresponding period last fiscal, Arvind Ltd said in a regulatory filing. Consolidated revenue from operations in the second quarter stood at Rs 2,188.31 crore, as against Rs 1,921.73 crore in the year-ago period, it added.

In abrdn's biannual Savings Ladder index, conducted by Opinium Research, a raft of reasons ranging from the change in government to falling interest rates have led younger investors to adopt a «use it or lose it» approach ahead of any potential tax tweaks in the Autumn Budget.  Overall, the nation's propensity to save and invest has edged up by four percentage points between May and September.  However, according to the report, «this figure masks a worrying intergenerational divide», evidenced by a growing propensity to save and invest among 18–34-year-olds, who exhibited a double dig...

Ravi Dharamshi, who backed Waaree Energies when hardly anyone else was talking about it, have made multifold returns on the solar energy stock, which got listed on the stock exchanges today. Madhu Kela's wife, Madhuri, owned 33,41,700 shares, or 1.27% equity in Waaree Energies. Disclosures made by the company in its red herring prospectus (RHP) show that Kela participated in a private placement in June 2023 and purchased 7.25 lakh shares at Rs 550 per share.

Aries Agro Ltd.(up 8.38%), Bohra Industries Ltd.(up 4.90%), National Fertilizers Ltd.(up 4.22%), The Fertilisers and Chemicals Travancore Ltd.(up 3.91%), Madras Fertilizers Ltd.(up 3.20%), Paradeep Phosphates Ltd.(up 3.18%), Rashtriya Chemicals & Fertilizers Ltd.(up 3.15%), Nagarjuna Fertilizers and Chemicals Ltd.(up 3.09%), Khaitan Chemicals & Fertilizers Ltd.(up 2.95%) and Sikko Industries Ltd.(up 2.77%) were among the top gainers.

Laurus Labs Ltd.(up 3.83 per cent), Biocon Ltd.(up 2.54 per cent), Natco Pharma Ltd.(up 1.98 per cent), Granules India Ltd.(up 1.86 per cent) and Glenmark Pharmaceuticals Ltd.(up 1.76 per cent) were among the top gainers.

Coal India today fell by 5.6% to day’s low of Rs 435.20 on the BSE after reporting a 22% fall in its September quarter consolidated net profit for the quarter ended September 30, 2024 at Rs 6,289. The same stood at Rs 8,049 crore in the year ago period.

Tata Elxsi Ltd. 1.94 per cent to Rs 7128.35 at 11:23AM (IST) in Monday's trade. The stock has hit a high of Rs 7399.95 and low of Rs 7006.95 so far during the session. The stock had closed at Rs 6992.25 in the previous session. The counter has had a total traded volume of 8469 shares so far with a value of Rs 6.00 crore on the NSE. It traded at a price-to-earnings multiple of 54.12 and a price-to-book ratio of 19.34.

The Conference Board publishes its consumer confidence index for October on Tuesday

«We expect the consolidation to continue in the short term; a reversal in trend will depend on a slowdown in FIIs selling intensity and the outcome of the US presidential election. The domestic macros are largely favouring the market with the unveiling of strong PMI data and reiterating economic growth forecast for FY25 by the RBI,» said Vinod Nair, Head of Research, Geojit Financial Services.

Subscribe to enjoy similar stories. India's top tech services companies are riding the AI wave with chip giant Nvidia, betting on mutually beneficial partnerships like the ones they have with software giants SAP AG and Oracle Corp.

Subscribe to enjoy similar stories. New Delhi: Following the Supreme Court's censure, the Union government plans to impose a penalty of up to ₹15 lakh for pollution- and environment-related offences ahead of Diwali and up to a ₹15,000 spot fine for burning crop residue or stubble, according to two officials.

Subscribe to enjoy similar stories. We all need to move more. The sedentary behavior of the average American presents a health risk.

Subscribe to enjoy similar stories. In the heart of Silicon Valley, well-off baby boomers enjoy meals of porchetta and cheesy polenta, prepared with herbs plucked from the community garden. Thirty-foot-tall windows offer a view on a quiet creek winding along manicured grounds.

gold in the medium to long term, as silver prices is expected to reach Rs 1,25,000 per kilogram on the Multi Commodity Exchange (MCX) and USD 40 per ounce on the COMEX within the next 12 to 15 months, the Motilal Oswal Financial Services Ltd (MOFSL) said. Silver has shown impressive growth in 2024, recording gains of over 40 per cent year-to-date and surpassing the Rs 100,000 mark domestically, driven by safe-haven demand and robust industrial usage. The financial services firm further anticipated that the gold prices will reach Rs 81,000 per 10 grams in the medium term and Rs 86,000 in the long term.

The assessments based on commercial satellite imagery were reached separately by David Albright, a former U.N. weapons inspector, and Decker Eveleth, an associate research analyst at CNA, a Washington think tank. They told Reuters that Israel struck buildings in Parchin, a massive military complex near Tehran. Israel also hit Khojir, according to Eveleth, a sprawling missile production site near Tehran.

Tech behemoth OpenAI has touted its artificial intelligence-powered transcription tool Whisper as having near “human level robustness and accuracy.”