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Tata Power is on a growth trajectory: Why it is stock pick of the week


Tata Power is on a growth trajectory: Why it is stock pick of the week
Synopsis
Tata Power’s net debt/equity ratio fell to 1.4 times from 2 times during the past financial year. Rapid scale up of the distribution business and continued good performance by its EPC business are some of the other factors that have made the company a favourite of analysts.
With an all round improvement in verticals like generation, transmission and distribution, EPC (engineering, procurement and construction), etc, Tata Power was able to report good numbers for the fourth quarter of 2020-21. In addition to the newly acquired Odisha distribution circle, its 53% y-o-y revenue growth is also triggered by strong execution of the solar EPC projects and performance by the coal division. After the recent acquisition of ....

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Asia shares wary of US inflation, Bitcoin tries to steady - The Hindu BusinessLine


Asia shares wary of US inflation, Bitcoin tries to steady
Reuters
SYDNEY |
Updated on
Crypto savaged as China clamps down on its mining
Asian shares got off to a cautious start on Monday as investors awaited key US inflation readings for guidance on monetary policy, while Bitcoin tried to steady after being hammered on news of China s crackdown on mining and trading of the cryptocurrency.
MSCI s broadest index of Asia-Pacific shares outside Japan dipped 0.4 per cent in slow trade. Japan s Nikkei added 0.2 per cent and Chinese blue chips lost 0.5 per cent.
Nasdaq futures were flat and S&P 500 futures firmed 0.2 per cent. EUROSTOXX 50 futures and FTSE futures added 0.1 per cent. ....

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Nepal faces Covid crisis amid political deadlock


Nepal faces Covid crisis amid political deadlock
Nepal s President Bidya Devi Bhandari has dissolved parliament and set a date for elections as Covid-19 adds to what was already a political deadlock. Some accuse Prime Minister KP Sharma Oli of worsening the Covid crisis after he repeated claims that the virus is no worse than the flu. Al Jazeera reports in this YouTube video. ....

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Woman Spots Huge Spider in Car While Driving at 60mph: 'Almost Killed Me'

Woman Spots Huge Spider in Car While Driving at 60mph: 'Almost Killed Me'
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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