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Girish Madan, Director, Fitch Ratings, says it would be a combination of both thermal and renewable generation sides. In renewables, wWe have seen some pressure on the earnings because tariffs were coming down as competitive intensity was increasing in the sector, but of late the profitability should increase because some of the variables have turned in favour of the Gencos. Some of the commodity prices have also come down. Plus, there has been a 20-30% correction in solar module prices. All these factors could lead to enhanced EBITDA generation as well as profitability for Gencos. Where exactly in the power basket are we seeing the highest amount of activity in terms of addition of capacities? Girish Madan: Over the last few years, we have seen a large part of capacity addition has happened in the renewable space. If we talk about the last two years, around 40 gigawatts have been added in India and 80% of that has gone into solar and wind capacities, mainly solar capacities, so that is where we have seen capacity addition happening. We have seen some volatilities as far as the demand was concerned before COVID, so there was a slowdown in capacity addition. But sustained demand over the last three years has led to a great increase in capacity addition.

President Joe Biden before journalists, celebrities and politicians at the annual White House correspondents' dinner Saturday butted up against growing public discord over the Israel-Hamas war, with protests outside the event condemning both Biden's handling of the conflict and the Western news' media coverage of it. In previous years, Biden, like most of his predecessors, has used the glitzy annual White House Correspondents' Association gala to needle media coverage of his administration and jab at political rivals, notably Republican rival Donald Trump.

Australia's Jake Fraser-McGurk smashed 84 off 27 deliveries to fire Delhi Capitals to 257-4 and a 10-run win over Mumbai Indians in another IPL high-scorer on Saturday. Delhi, at their home Arun Jaitley Stadium, posted their best-ever total in the T20 tournament, a day after Punjab Kings chased down a record target of 262. Delhi's previous best was 231-4 in 2011 against Punjab Kings. This edition Sunrisers Hyderabad have twice smashed IPL records with totals of 277 and 287.

Chennai Super Kings (CSK) matches in the IPL continue to witness massive turnouts, with fans cheering loudly for the team and especially for former captain MS Dhoni. However, scammers are trying to take advantage of Dhoni's popularity by sending deceptive messages on Instagram. The Department of Telecom (DoT) has cautioned fans to stay alert and not fall prey to these fraudulent schemes. In a recent alert posted on their official platform, the DoT revealed that scamsters are impersonating MS Dhoni on Instagram and requesting money from unsuspecting individuals. «Hi, I am MS Dhoni, messaging you from my private account. I am currently in the outskirts of Ranchi and I have forgotten my wallet. Could you please transfer ₹600 via PhonePe so I can return home by bus? I will send the money back once I am home,» read a screenshot of the Instagram message shared by the DoT.

Prime Minister Narendra Modi on Saturday targeted the Congress-led INDI alliance, saying it is mulling to have five prime ministers in five years if voted to power. Addressing a rally at Kolhapur in western Maharashtra, Modi said the opposition bloc cannot even reach a three-digit figure or «at the doorstep of forming a government, but has plans to have one prime minister every year if they get a chance». «In Karnataka, Congress has planned to rotate the post of the chief minister by handing it to the deputy chief minister after 2.5 years. They had this arrangement in Chhattisgarh and Rajasthan as well,» he said. Modi said the Congress wants to extend the «Karnataka model wherein Muslims were inducted in the 27 per cent quota for OBCs», in the entire country.

Check UP Board 10th, 12th Result 2024 Highlights here The ad by the Bombay Shaving Company read, "Dear Prachi, They are trolling your hair today, they'll applaud your A.I.R tomorrow." Below, in right-hand-side corner of the ad, it read: "We hope you never get bullied into using our razor." It was the last line that drew criticism on social media on Saturday. Some users also wondered if Prachi Nigam could sue the company for using her name without her consent. The Founder CEO at Bombay Shaving Company, Bombae, Shantanu Deshpande, took to LinkedIn for share the ad and said, "It was shocking to see the amount of hate targeted at a teenage girl who had TOPPED AN EXAM because of her facial hair." "Our simple message to this amazing young woman with such a bright future.

Buy or sell stocks: Despite gold prices snapping its five-week rally in the week gone by, the Indian stock market ended higher last week. Among the frontline indices, the Nifty 50 and the BSE Sensex logged ascended nearly 0.60 percent and 0.75 percent respectively in the week gone by whereas the Bank Nifty index ascended to the tune of nearly 0.95 percent. The broad market indices outperformed the frontline indices.

Tomorrow's IPL Match: Chennai Super Kings (CSK) will take on Sunrisers Hyderabad (SRH) in a South Indian derby on April 27 at the MA Chidambaram Stadium, also known as Chepauk Stadium, in Chennai. CSK, having won 4 out of 8 matches, are at number 5 on the points table at the moment. They have won 2 out of their last 5 matches.

corporate actions, news events, regulatory changes, and economic factors. Often, investors react excessively or insufficiently to specific news events, creating opportunities for those who closely monitor the markets.

Tomorrow's IPL Match: Gujarat Titans (GT) will lock horns with Royal Challengers Bengaluru (RCB) on April 27 at the Narendra Modi Stadium in Ahmedabad. GT, having won 4 out of 9 matches, are at number 7 on the points table at the moment. They have won 2 out of their last 5 matches.

₹6,500 crore. Despite plenty of turbulence for the NBFC sector in the years after Kinara was founded, assets under management for the NBFC grew 150% between fiscal 2022 and the quarter ended December 2023. Assets under management as of February 2024 was ₹3,113 crore.

KKR and PBKS will certainly go down in the history books as a reminder to teams that even a 250-plus total is not safe target in the tournament anymore. The match featured 42 sixes and all four openers went past the 50-run mark.

Punjab Kings (PBKS) and Kolkata Knight Riders (KKR) on Friday rewrote the history of men's T20 cricket by producing a chase that occurs once in a blue moon. Sent into bat, Kolkata Knight Riders scored 261/6, but PBKS completed the chase with ease amid a batting onslaught from their top-order batters. KKR rode on a 138-run partnership between openers Phil Salt (75 off 37 balls) and Sunil Narine (71 off 32 balls).

Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities, lists out three ideas for the week ahead — HUDCO, City Union Bank and Deepak Nitrite.

Federal Bank as its stock pick of the month for May 2024 with a potential upside seen around 13 per cent. Shares of Federal Bank were on an uptrend and gained one per cent today to hit an intra day high of ₹158.55 against a 52-week high of ₹166.65 apiece on the BSE. On Friday, April 26, shares of Federal Bank settled 0.61 per cent higher at ₹156.95 apiece on the BSE.

KKR vs PBKS IPL 2024: Sunil Narine, the surprise factor introduced by Kolkata Knight Riders (KKR) in IPL 2024, continues to maintain his brilliant form as he provided his team with another strong start against Punjab Kings (PBKS). Phil Salt and Sunil Narine's 138-run opening partnership laid a strong foundation for KKR, which ended up with another high score of 261/6 after 20 overs. This score could have been much higher, but the middle-order batters should have capitalized on the excellent start.

Jonny Bairstow's incredible hundred, Punjab Kings set a new world record for the highest run chase in the history of T20 cricket as they overhauled the 262-run target set by Kolkata Knight Riders with eight wickets to spare in the IPL here on Friday. PBKS bettered South Africa's 259/4 against West Indies in March last year. In the IPL, Rajasthan Royals held the previous record for chasing down 224 against KKR at Eden Gardens recently, equalling the record they had set against then Kings XI Punjab (now Punjab Kings) in 2020 in Sharjah. Sent into bat, Kolkata Knight Riders scored 261/6 but PBKS completed the chase with eight balls to spare. KKR rode on a 138-run partnership between openers Phil Salt (75 off 37 balls) and Sunil Narine (71 off 32 balls).

Bachchan seen as serious, I non-serious: Rahul Gandhi Congress leader Rahul Gandhi continues to target film star Amitabh Bachchan and his actress daughter-in-law Aishwarya Rai. While he commented on Bachchan’s presence at the Ram Mandir consecration earlier this year, on Wednesday while addressing the Samajik Nyay Sammelan’ he brought in the Bachchan family again stating that while he is often labelled as ‘non-serious’ and ‘uninterested’ in politics, the Bachchans and Virat Kohli are seen as ‘serious’. 'Must Have Been Son of the Soil In Last Birth': PM Modi

Shares in Snap jumped nearly 25% in on Friday after targeted ads and new features helped the owner of the photo messaging app beat Wall Street expectations for first-quarter revenue and user growth. The Snapchat parent now expects second-quarter revenue between $1.23 billion and $1.26 billion, above analysts' estimates of $1.22 billion, according to LSEG data.

business connected to Ukraine has been charged with conducting hostile activity to benefit Russia, prosecutors said Friday. Dylan Earl, 20, is connected to Russia's Wagner mercenary group, which the U.K. government has declared a banned terrorist organization, prosecutors said. Earl is accused of fraudulent activity, research and reconnaissance of targets, and attempting to recruit others to assist a foreign intelligence service carrying out activities in the U.K.

Nomura Holdings, Japan's biggest brokerage and investment bank, reported on Friday a 670% jump in quarterly net profit compared to a year earlier as its retail and investment banking income rose to their highest levels in eight years. January-March net profit was 56.8 billion yen ($363.87 million) compared to 7.3 billion yen a year earlier when worries about a global banking crisis engulfed global markets and hit Nomura's investment banking business.