NTPC Board Gives Go-Ahead For Raising Rs 12,000 Crore Via NCDs

by Pabitra Mohan Senapaty

NEWS HIGHLIGHTS

Government-owned power giant NTPC said on Saturday that its board has cleared a proposal to raise up to Rs 12,000 crore through the issuance of bonds and non-convertible debentures (NCDs).

New Delhi, June 29: Government-owned power giant NTPC said on Saturday that its board has cleared a proposal to raise up to Rs 12,000 crore through the issuance of bonds and non-convertible debentures (NCDs).

NTPC said in a regulatory filing, “The Board of Directors of the company has, in its meeting held on Saturday, June 29, subject to approval of shareholders, approved the issue of secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures ('Bonds/NCDs') up to Rs 12,000 crore in one or more tranches/series not exceeding 12, through private placement in the domestic market during the period commencing from the date of passing of special resolution till completion of one year thereof or the date of next Annual General Meeting in the financial year 2025-26, whichever is earlier."

"The size, tenure, listing details (BSE and/or NSE), coupon, security (if applicable), and other details as applicable will be decided at the time of issuance of each tranche/series," it added.

NTPC is also going for the world’s first and largest 4G ethanol project at its Lara Thermal Plant in Chattisgarh. Jakson Green Pvt., the renewable energy arm of Jakson Group, earlier this month announced that it has tied up with NTPC to set up the project.

NTPC posted a net profit of Rs 21,332 crore for the financial year ended March 31, 2024, which represented a close to 25 per cent increase over the corresponding figures of the previous year.

The stock price of the company closed 0.62 per cent higher at Rs 379.50 on the BSE on Friday.

--IANS

Odisha CM, Law Minister Meet Puri King, Hold Discussion For Smooth Conduct Of Rath Yatra

by Hemanta Pande

Bhubaneswar, July 1: Odisha Chief Minister Mohan Charan Majhi and Law Minister Prithviraj Harichandan met the erstwhile king of Puri, Gajapati Maharaja Dibyasingha Deb here on Monday.

They had a discussion for a peaceful and smooth completion of the upcoming Rath Yatra, officials said.

ରଥଯାତ୍ରାର ସୂଚାରୁ ପରିଚାଳନା ନେଇ ରାଜ୍ୟ ଅତିଥିଭବନ ଠାରେ ଗଜପତି ମହାରାଜା ଶ୍ରୀ ଦିବ୍ୟସିଂହ ଦେବ, ମୁଖ୍ୟମନ୍ତ୍ରୀ ଶ୍ରୀ @MohanMOdisha ଏବଂ ଆଇନ ମନ୍ତ୍ରୀ ଶ୍ରୀ @PrithivirajBJPଙ୍କ ମଧ୍ୟରେ ଆଲୋଚନା ହୋଇଛିI ଭକ୍ତମାନେ କିପରି ସୁବିଧାରେ ରଥ ଟାଣିବେ ଏବଂ ସମସ୍ତ ନୀତି ନିର୍ଦ୍ଧାରିତ ସମୟରେ ସମ୍ପନ୍ନ ହେବ ବୈଠକର ମୁଖ୍ୟ ବିଷୟ ଥିଲା। pic.twitter.com/EWIRpSuW0S — CMO Odisha (@CMO_Odisha) July 1, 2024

The Ratha Yatra of Lord Jagannath, Lord Balabhadra and Devi Subhadra is considered the oldest and largest Hindu chariot festival celebrated annually on the bright half of the lunar month of Ashadha (June-July).

This year, the holy Rath Yatra festival falls on July 7.

Meanwhile, the State government has decided to do away with the VIP darshan system inside the Shree Jagannath Temple, Puri, on the occasion of Rath Yatra.

Read More Odisha News

Kareena Kapoor Khan's Film 'The Buckingham Murders' To Arrive In Theatres This September

by Hemanta Pande

Mumbai, July 1: Actor Kareena Kapoor Khan's film 'The Buckingham Murders' is all set to hit the theatres. On Monday, the makers shared that the film, which is directed by Hansal Mehta, will arrive in cinema halls on September 13.

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Sharing the update Kareena took to Instagram Story and uploaded the film's poster and wrote, "See you at the cinemas. 13th September."

The film is written by Aseem Arrora, Kashyap Kapoor, and Raghav Raj Kakker. It is produced by Balaji Telefilms and TBM Films alongside Shobha Kapoor, Ektaa R Kapoor, and Kareena Kapoor Khan.

With this film, Kareena is making her debut as a producer.

According to Variety, a US-based media house, the film follows Jasmeet Bhamra (portrayed by Kareena Kapoor Khan), a detective and mother who, after losing her own child, must investigate the murder of a 10-year-old in Buckinghamshire, going down a rabbit hole of secrets, where almost everyone in the small town becomes a suspect.

In an interview with Variety, Kareena revealed that her character in the film is inspired by Kate Winslet's role in 'Mare of Easttown.' She said, "I love 'Mare of Easttown' and when Hansal came to me, I said this is something that I've really been dying to do. So we've moulded a little bit on those lines, she plays a detective cop in that."

Talking about the film, Hansal Mehta told Variety, "It was a refreshing change to make a film set in the UK., to have Kareena as this detective, to make an authentic procedural, but not to make it about the procedure and make it about grief or trauma and about closure. Kareena's face - there are a million stories on that face. It's amazing - when you put the camera on her and without saying anything it tells you so many stories, in my film she's stunning."

Mehta also revealed that he has plans to make the film part of a film franchise, depending on the reception."I have stories taking Jaspreet Bhamra forward," Mehta told Variety.

Kareena was last seen in 'Crew', which also starred Tabu and Kriti Sanon. (ANI)

Read More: Entertainment News

"Rahul Gandhi Has Degraded The Position Of LoP...":Ashwini Vaishnaw

by Hemanta Pande

New Delhi, July 1: Union Minister Ashwini Vaishnaw on Monday attacked Congress leader Rahul Gandhi over his remarks in the Lok Sabha and said that the latter has taken up a position of Leader of Opposition for the first time and has made very irresponsible statements thus bringing the level of politics down. He said that Rahul Gandhi has degraded the position of the Leader of Opposition, which was once handled by prominent leaders.

"The position of the Leader of the Opposition (LoP) is a highly responsible one. Leaders like Atal Ji, Advani Ji, and Sushma Ji have handled this responsibility with great care. Today, Rahul Gandhi has taken up a position for the first time and has made very irresponsible statements. Rahul said that no compensation is given to the martyrs under the Agniveer scheme. This is the biggest lie. Today, the Defence Minister clearly stated in Parliament that martyrs under the Agniveer scheme receive a compensation of Rs 1 crore. Rahul Ji should check his facts before making such statements. Congress has always raised such questions about the army and tried to mislead the country," Vaishnaw said.

"Rahul Gandhi insulted the constitutional position of the Speaker. This is not the first time; remember when Rahul Gandhi tore up his own government's ordinance. During the UPA government, the constitutional position of the Prime Minister was undermined by the unconstitutional body called the National Advisory Council (NAC), which was run by Sonia Gandhi," he added.

Further, the BJP leader added that the Congress has always aimed to weaken constitutional structures.

Vaishnaw also mentioned that compensation in Ayodhya has been given to the affected people. "What does Rahul know about culture? Today, he made another misleading statement regarding compensation in Ayodhya. The state government and administration have already provided clear figures on this. A compensation of Rs 1253 crore has been given to 4215 affected shopkeepers, and relocation has been carried out by the administration," he added.

Levelling up his attack on the Congress leader, Ashwini Vaishnaw said today Rahul Gandhi insulted the entire Hindu community.
"The most concerning issue is that today Rahul Gandhi labelled the entire Hindu community as violent and gravely insulted Hindu society. This is an old habit of Congress. In 2010, P Chidambaram called Hindus terrorists. In 2013, Sushil Shinde also said the same. In 2021, Rahul Gandhi said that "Hindutvavadis" should be expelled from the country," the Union Minister said.

"Rahul has degraded the position of LoP and brought the level of politics down so much. This statement deserves condemnation in the strongest terms," he added.

Rahul Gandhi said in the lower house today that the BJP is not the entire Hindu society. "Narendra Modi is not entire Hindu society. BJP is not the entire Hindu society, RSS is not the entire society, this is not BJP's contract," he said.

"Abhayamudra is the symbol of Congress...The Abhayamudra is the gesture of fearlessness, is the gesture of reassurance and safety, which dispels fear and accords divine protection and bliss in Hinduism, Islam, Sikhism, Buddhism and other Indian religions....All our great men have spoken about non-violence and finishing fear...But, those who call themselves Hindu only talk about violence, hatred, untruth...Aap Hindu ho hi nahi," the Congress leader added. (ANI)

NTPC Board Gives Go-Ahead For Raising Rs 12,000 Crore Via NCDs

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