OTT Series ‘Mirzapur’ Expands Into A Film, Marks Return Of Series Favourite Munna Bhaiyya

Marandi, pledging to tackle nepotism, corruption, and infiltration in the state, emphasised his commitment to protecting Jharkhand’s "roti, maati, and beti (livelihood, land, and daughters)."

He expressed confidence that the people of Dhanwar and the entire state would support the National Democratic Alliance (NDA) and enable the BJP to form the government.

Marandi highlighted the BJP's 'Panch Pran (five vows)', which aim to fulfill the aspirations of Jharkhand's 3.5 crore people.

Among the initiatives is the 'Gogo Didi scheme', which will provide Rs 2,100 directly to the bank accounts of women of Jharkhand on the 11th of each month. The 'Laxmi Johar Yojana' promises subsidised gas cylinders at Rs 500 and two free cylinders per year for every household, he said.

Under the 'Ghar Sakar Yojana,' 21 lakh families will receive permanent housing, and five lakh jobs will be created over the next five years.

Additionally, the 'Yuva Sathi Yojana' will offer financial assistance of Rs 2,000 per month for two years to graduates and postgraduates preparing for competitive exams.

Union Women and Child Development Minister Annapurna Devi, BJP leader Lakshman Prasad Singh, and numerous supporters joined Marandi during his nomination filing.

Before filing nominations, Marandi performed a special puja at his home in Giridih, seeking blessings from his mother and elders. He arrived at the nomination wearing a symbolic silver crown.

The elections in Jharkhand will be held in two phases on November 13 and 20. The last date for filing nominations for the second phase is October 29, while the counting is scheduled for November 23.

--IANS

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Rally was driven by baking stock. Nifty Bank closed at 51,259, up 471 points or 0.93 per cent.

In the Sensex pack, ICICI Bank, Wipro, Tata Steel, JSW Steel, M&M, Sun Pharma, HUL, SBI, Tata Motors, Bajaj Finserv, Asian Paints, IndusInd Bank, NTPC and HCL Tech were the top gainers. Axis Bank, Kotak Mahindra Bank, Tech Mahindra, HDFC Bank and Bharti Airtel were the top losers.

Almost all indices on the National Stock Exchange (NSE) closed with gains. PSU Bank, pharma, FMCG, realty, auto, IT and media were major gainers.

Along with largecap, buying was also seen in midcap and smallcap. The Nifty Midcap 100 index was at 55,736, up 458 points or 0.83 per cent and the Nifty Smallcap 100 index was at 18,062, up 214 points or 1.20 per cent.

Vaibhav Vidwani, Research Analyst, Bonanza said, "This rally followed a five-day losing streak, largely driven by strong quarterly earnings from ICICI Bank and Bank of Baroda, which boosted investor sentiment. The current rally is encouraging, but ongoing foreign institutional selling and weaker corporate earnings could continue to pressure the market in the near term."

Rupak De, Senior Technical Analyst, LKP Securities said, "The Nifty remained volatile during the day before closing with a meaningful gain after several days. On the downside, it sustained above the previous day's low, indicating strength in buying."

"This strength may persist as long as it stays above 24,000. Only a decisive drop below 24,000 might trigger panic in the market. On the higher end, resistance is seen at 24,500, and a decisive move above this level could spark a rally in the Nifty," De added.

--IANS

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Continuing profit before tax (PBT) grew 69 per cent to Rs 8,020 crore in H1 FY25 and 44.8 per cent to Rs 3,537 crore in Q2 FY25, said the company.

“Adani Power has embarked on the next phase of its growth journey, swiftly achieving capacity expansion milestones and securing power supply agreements to ensure long-term revenue stability,” said SB Khyalia, CEO, Adani Power Limited.

The company consistently delivers robust operating and financial performance by leveraging its inherent strengths and competitive advantages,” Khyalia added.

Consolidated power sale volume stood at 46 billion units (BU) in H1 FY25, up by 29.2 per cent from 35.6 BU in H1 FY24, due to improved power demand and higher operating capacity.

Consolidated continuing EBITDA for Q2 FY25 increased by 24.6 per cent at Rs 5,402 crore compared to Rs 4,336 crore for Q2 FY24, due to greater sales volumes as well as lower fuel and operating costs.

According to the company, power demand was flat during Q2 FY25 as compared to the corresponding quarter of FY24.

“This was primarily due to climatic conditions such as a delayed but prolonged rain spell affecting demand. Nevertheless, cumulative demand for FY 2024-25 till September 30, 2024 was robust with a growth of 5 per cent over the first half of FY 2023-24,” said the company.

Growing peak demand has also improved power offtake from the thermal power sector to ensure uninterrupted power supply during the hours of low renewable energy generation.

Meanwhile, after Adani Power, which submitted a bid of Rs 12,500 crore for the acquisition of the KSK Mahanadi Power plant in Chhattisgarh, other bidders have revised their offers upwards and the final number could be much higher, according to reports.

Adani’s competitive bid, which aggregates to Rs 27,000 crore when combined with KSK Mahanadi’s reported cash reserves of Rs 10,000 crore and trade receivables worth Rs 4,000 crore, means the lenders could achieve an unprecedented 92 per cent recovery.

KSK Mahanadi has an installed capacity of 1,800 MW. The project, which had accumulated debts of Rs 29,330 crore, was brought into the IBC process in 2019.

--IANS

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