ENNORE THERMAL POWER STATION
Russian drones attack Kyiv for second night, officials say
Russian drones and missiles struck Ukraine's capital for a second night, injuring four and damaging buildings, including a kindergarten. The attacks, targeting the country's energy system as winter approaches, caused nationwide power outages. Officials described the assaults as a methodical campaign to cripple Ukraine's infrastructure.
Power consumption on Diwali defies trend this time; peak demand dips on year
India's peak power demand on Diwali saw a slight dip this year, deviating from the usual festival trend. Government data reveals a decrease in electricity consumption on the day of the festival. This comes as a surprise, as Diwali typically witnesses higher power usage due to extensive lighting and appliance use.
After consolidation, ripe for another re-rating? 8 power stocks from different segments with an upside potential of up to 46%
As the bulls make a comeback, investors are faced with the age-old dilemma: Hold, or sell, or, indeed, buy? In the case of some sectors, the dilemma is more acute. In times of such confusion, look for answers to three questions. One: Are the fundamentals of the sector on a strong footing? Two: Does the business and sector have a high probability of continued growth? And three: How is the valuation? The smog will clear and you will take a rational approach rather than looking at the antics of the Nifty and Sensex and making decisions based on their movement.
Powerball jackpot surges to staggering $320 million for October 22 drawing - Know how to buy tickets and its deadline
The Powerball jackpot has surged to an estimated $320 million, with the next drawing set for October 22. No winner emerged from Monday's draw, allowing the grand prize to grow. Players can opt for a 30-year annuity or a lump sum before taxes. Lottery officials remind participants of the 1 in 292.2 million odds.
In festive spirit: Railways boosts crowd control
Indian Railways is implementing enhanced crowd control measures. Large holding areas outside stations and additional special trains are being run to manage heavy passenger demand during the festive season. Over 10 million passengers have travelled from the national capital via special trains. The national transporter is operating 12,000 special train services for the Chhath and Diwali festive season.
Coal import drops marginally in August to 20.58 MT
August saw a slight fall in India's coal imports compared to the previous year, with the April to August period reflecting an overall decrease. Non-coking coal imports took a hit, whereas coking coal demand showed an upward trend.
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Railways banks on holding areas and special trains to clear festive rush
Indian Railways is implementing new crowd control measures. Large holding areas outside stations and extra special trains are being used. Over one crore passengers have travelled from Delhi on special trains this festive season. Around 12 lakh railway employees are working to ensure safe journeys. Access control at 60 stations allows only ticketed passengers onto platforms. Regular announcements guide passengers.
Most AQI monitoring stations in 'red zone' as Delhi celebrates Diwali with fireworks
Following the Diwali celebrations, Delhi finds itself engulfed in a thick haze as pollution levels soared to alarming heights. Monitoring stations signal a drastic decline in air quality, clocking in at a staggering 344 on the index, with certain neighborhoods even surpassing the 400 mark—classification as 'severe' pollution.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 25%
The markets have a big element of probability. The way things have panned out in the past few weeks, it is very likely that the bulls will strengthen their case for a comeback in all segments of the market. This does not mean that corrections will not happen; they will, as they are a part of the market. But, at this point of time, it is more important to look at how the fundamentals of a sector are shaping up. Check what companies are saying not only of what happened in Q2, but what they expect to happen in Q3.
Austerlitz: W G Sebald
In the summer of 1967, a narrator resembling W. G. Sebald encounters Jacques Austerlitz at Antwerp’s Centraal Station. Austerlitz, a scholarly and talkative man in workman’s attire, observes and takes notes on the station, discussing with the narrator how grand public buildings—like Antwerp’s station—reveal underlying human insecurities.
Manipur: 7 employees of state power company 'assaulted' in Churachandpur
Seven employees of Manipur State Power Company Limited were allegedly assaulted by unidentified miscreants at a sub-station in Churachandpur district on October 18. The company has condemned the brutal attack and demanded a swift investigation and arrest of those responsible. The reasons behind the assault remain unknown.
JSW Energy shares decline 5% as Q2 PAT falls 17% YoY. Should you buy, sell or hold?
JSW Energy shares fell over 5% to Rs 514.15 on the BSE after reporting a 17% YoY decline in consolidated PAT to Rs 705 crore for Q2 FY26, compared with Rs 853 crore a year ago. Revenue, however, rose 60% YoY to Rs 5,177 crore, supported by renewable capacity additions and contributions from the Mahanadi and O2 Power projects.
Strict action initiated against those circulating fake videos against railways: Ashwini Vaishnaw
Railway Minister Ashwini Vaishnaw has launched a crackdown on those responsible for circulating deceptive videos about railway operations on social media. His comments came after an on-site evaluation of crowd arrangements at the bustling Anand Vihar railway station in Delhi. He urged travelers to exercise caution and not amplify erroneous content.
ECI observers closely monitoring Bihar elections, bypolls in 8 assembly seats across India
The Election Commission of India is ensuring fair elections. Observers are monitoring the Bihar Legislative Assembly Election 2025. Bye-elections in eight assembly constituencies are also under close watch. These observers are accessible to all parties and voters. Their role is to ensure transparency and address grievances. Polling for Bihar elections is scheduled for November 6 and 11.
China says US waged cyberattacks on national time centre
China on Sunday accused the United States of conducting cyberattacks on Beijing's national time centre that could have caused severe damage to critical financial and telecommunications infrastructure. Western countries have accused hacker groups allegedly supported by China of conducting a global cyber espionage campaign against figures critical of Beijing, democratic institutions, and companies in various sensitive sectors.
North Western Railway runs 44 pairs of special trains for Diwali and Chhath
In celebration of Diwali and Chhath Puja, both the North Western Railway and Central Railway are set to operate a fleet of over 1,700 special trains. To ensure a smooth travel experience, additional coaches, dedicated volunteers, and RPF personnel are on standby. Major stations feature designated holding areas to assist travelers.
Milan's data centre capacity set to surge tenfold in five years, A2A CEO says
The rapid expansion of data centres, needed to drive artificial intelligence, promises to boost revenues for utilities like A2A, which will supply the electricity they need.
JSW Energy Q2 Results: Cons PAT falls 17% YoY to Rs 705 crore but revenue climbs 60%
JSW Energy reported a 17% year-on-year fall in consolidated net profit to Rs 705 crore for Q2, despite a 60% revenue surge to Rs 5,177 crore. EBITDA increased by 67% YoY to Rs 3,180 crore, driven by renewable capacity additions. The company affirmed its healthy balance sheet and credit ratings, with installed capacity at 13.2 GW.
Adani Power shares gain 7% on approval for Godda plant grid connection project buzz
Adani Power shares surged after receiving government approval to connect its Godda plant to the Indian grid, enabling domestic supply beyond Bangladesh. The company also formed a joint venture for a Bhutanese hydroelectric project. Despite a dip in Q1 profit, analysts remain optimistic about its significant capacity expansion plans.
Foxconn teams up with Nvidia on AI factory infrastructure development
Taiwan’s Foxconn is teaming up with US chipmaker Nvidia to build AI factory systems. At a tech event in California, Foxconn revealed plans to use Nvidia’s advanced power setup in its Kaohsiung data centre. This move highlights its push into AI servers, green energy, and modern data infrastructure.
PlayStation network still down? Users report server, social, and login problems
PlayStation Network faced major disruptions Tuesday evening. Thousands of users in the United States reported issues connecting to servers and accessing features. Reports indicated server connection problems were most common. Users expressed frustration with repeated outages. PlayStation has not yet commented on the cause of the network downtime. Users await updates on the ongoing situation.
Govt committee on nuclear power bats for up to 49% FDI
A government committee has proposed allowing up to 49% foreign investment in India's nuclear power sector and amending the civil liability Act. These changes aim to shield operators from other liability laws and include equipment suppliers in contractual liability caps, facilitating global participation to meet the 100 GW nuclear capacity target by 2047.
Ennore tragedy: BHEL asked to take strict disciplinary action
The Centre has ordered BHEL to take action against officials involved in the Ennore Thermal Power Station steel arch collapse. Nine migrant workers died in the incident. The Ministry of Heavy Industries is seeking resignations from director-level officers. A probe is underway to fix accountability for the lapses. Subcontractor selection is also under scrutiny. Three contractors have been arrested.
India panel urges faster nuclear approvals, fuel security to meet 100 GW goal
A government panel has urged India to accelerate nuclear project timelines, secure long-term uranium supplies, and expand reprocessing capacity to meet its ambitious 100 GW nuclear target by 2047. Recommendations include faster approvals, domestic and foreign uranium sourcing, and utilizing advanced foreign reactor designs alongside indigenous ones.
Ukraine accuses Russia of deliberately severing external link to Zaporizhzhia plant
Ukraine's Foreign Minister Andrii Sybiha alleges Russia intentionally severed the Zaporizhzhia nuclear power station's external power line. This action, he claims, is to test a reconnection to Russia's power grid. Ukraine fears Moscow will redirect the plant's output. The plant currently produces no electricity and has been without external power for weeks.
Jindal Power buys Apraava Energy’s Jhajjar power plant
Naveen Jindal-owned Jindal Power Ltd (JPL) has agreed to acquire the 1,350 MW Jhajjar Power Project in Haryana from Apraava Energy for an estimated Rs 4,000 crore. This strategic acquisition significantly boosts JPL's thermal power portfolio, reinforcing its base-load capacity amidst robust demand.
Over Rs 5.5 lakh crore push thermal power plans get all charged up
India's top power companies are set to invest over Rs 5.5 lakh crore to boost thermal power capacity by more than 50 GW by 2032. This expansion runs parallel to their ongoing investments in renewable energy sources. The move aims to meet soaring electricity demand and ensure grid stability.
Assam launches ‘Shraddhanjali’ scheme for dignified return of deceased residents
The Assam government has launched the 'Shraddhanjali' scheme. This initiative ensures a dignified return for Assamese students and workers who die outside the state. The scheme aims to ease the financial burden on grieving families. A designated police officer will facilitate the body's repatriation. This comes after recent tragic incidents involving migrant workers.
TN CM MK Stalin announces Rs 10 lakh compensation for Ennore Power Plant collapse victims' families
Nine workers died in a power plant collapse at Ennore. Tamil Nadu Chief Minister MK Stalin announced ten lakh rupees compensation for each victim's family. Prime Minister Narendra Modi also offered two lakh rupees ex-gratia. The incident involved a steel arch collapse at the construction site. Officials are investigating the cause of the accident.
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