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IEX Power Market update for March 2021, Financial Year 2021

IEX Power Market update for March 2021, Financial Year 2021
Posted On:
2021-04-06 02:28:58
(Time Zone: Arizona, USA)
Spurred by the increasing demand for electricity across the various States, the electricity market at Indian Energy Exchange achieved an all-time high volume of 8248.52 MU in the month of March 21 surpassing all the previous milestones. The robust volumes led to a 92% YoY growth in electricity market during the month. According to the power demand data published by the National Load Dispatch Center, the national peak power demand touched 186 GW seeing a 9% YoY growth while the power consumption grew 23% YoY. The market faced transmission congestion on the inter-state transmission network due to which 24MU was lost during the month, representing 0.03% of total traded volume. ....

United States , New Delhi , Uttar Pradesh , Andhra Pradesh , Indian Energy Exchange , Indian Energy Exchange Ltd , National Load Dispatch Center , Renewable Energy Associations , Exchange Market , Financial Year , Time Zone , Day Ahead Market , Green Term Ahead Market , West Bengal , Renewable Purchase Obligation , Mutual Funds , New Issue , Public Issue , Rights Issue , Stock Markets , Post Office , National Savings Scheme , Kisan Vikas Patra , Public Provident Fund , Goi Senior Citizens Savings Scheme , 8 Bonds ,

Businessman with a love for downtown New Braunfels remembered for his energy, heart

New Braunfels businessman and restaurant owner Ron Snider, known for his work rebuilding and revitalizing downtown, died on Friday. He was 70.
Snider was born on Sept. 28, 1950. According to a previous Herald-Zeitung story, he grew up in inner-city Indianapolis, Ind., and said he traced his love of old buildings to those years.
Describing himself as a âserial entrepreneur,â Snider had worked to rebuild downtown New Braunfels since he came to town in 1982 when he began a business building wooden playground equipment. He opened the New Braunfels Smoker Company in 1989, a barbecue manufacturing company, which he sold in 1997.
It wasnât long after Snider settled in New Braunfels that he and his partner, Darrell Sollberger, began buying buildings downtown. ....

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Fire Accident at Bajaj Healthcare Limited's unit at Tarapur

Fire Accident at Bajaj Healthcare Limited s unit at Tarapur
Posted On:
2021-04-05 09:45:14
(Time Zone: Arizona, USA)
There was a minor fire accident at one of Bajaj Healthcare Limited s unit situated at Plot no. N-128 at M.L.D.C, Tarapur, Maharashtra on April 03, 2021. Due to prompt action by alert staff the fire was brought under control and no substantial loss of property or injury to human life has occurred in the incidence. However, the Company is ascertaining the extent of loss and has already informed to the Insurance Company as the entire factory and goods therein are adequately insured. ....

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ICICI Securities - Telecom - Bharti Airtel's superior execution likely to continue...

ICICI Securities - Telecom - Bharti Airtel s superior execution likely to continue.
Posted On:
2021-04-05 09:49:55
(Time Zone: Arizona, USA)
Q4FY21 ARPU and revenues for telcos would be hit due to nil IUC that came into effect from 1st Jan 21. Bharti Airtel s (Bharti) EBITDA would benefit by Rs1bn from it while that for VIL would be hurt by Rs0.8mn. Also, Q4FY21 had two days less, which will impact QoQ growth by 2%. Bharti would continue to outperform with strong subs addition driving mobile revenue (L2L) growth of 3% QoQ vs 0.6% drop for VIL. Bharti would also show continued traction in 4G subs addition (12mn) and grab higher market share. Bharti s India EBITDA growth would be strong at 20% YoY despite deconsolidaton of Bharti Infratel. Indus Towers is likely to see steady tenancy adds on lower cancellations, but its QoQ EBITDA would be hit by one-off benefits in base. Tata Communications EBITDA would be down 2.4% QoQ on normalisation of costs and higher rep ....

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Burger King India Limited: Ratings upgraded to [ICRA]A- /[ICRA]A2+, outlook on longterm rating revised to Stable

Burger King India Limited: Ratings upgraded to [ICRA]A- /[ICRA]A2+, outlook on longterm rating revised to Stable ....

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