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India's energy transition story can be vividly seen through the lens of one of its most established utilities, Tata Power, which has shifted from a long-standing reliance on coal to become an integrated renewable energy company aiming for a 70% clean power capacity mix by 2030. In this episode, S&P Global Commodity Insights editor Ruchira Singh interviews Tata Power CEO and managing director Praveer Sinha on India's ambitious plan to install 500 GW of non-fossil fuel-based power capacity by the end of the decade. In a wide-ranging conversation, Sinha discusses critical infrastructure challenges — from land acquisition hurdles to transmission bottlenecks — and explains how Tata Power plans to deliver 24/7 renewable energy through integrated solar, wind, pumped hydro and battery storage solutions.
India's energy transition story can be vividly seen through the lens of one of its most established utilities, Tata Power, which has shifted from a long-standing reliance on coal to become an integrated renewable energy company aiming for a 70% clean power capacity mix by 2030. In this episode, S&P Global Commodity Insights editor Ruchira Singh interviews Tata Power CEO and managing director Praveer Sinha on India's ambitious plan to install 500 GW of non-fossil fuel-based power capacity by the end of the decade. In a wide-ranging conversation, Sinha discusses critical infrastructure challenges — from land acquisition hurdles to transmission bottlenecks — and explains how Tata Power plans to deliver 24/7 renewable energy through integrated solar, wind, pumped hydro and battery storage solutions.
Tata Power stood at the forefront of India's energy transition. The firm's long history was deeply intertwined with the country's development. As Mumbai's power needs increased, Tata Power built out thermal assets across India, and while thermal power generation remained Tata Power's mainstay, the firm slowly started diversifying. In 2020, Tata Power boldly announced a commitment to net-zero emissions by 2050, concurrent with a complete phase-down of thermal capacity. It later brought this commitment forward to 2045. To prepare for declining revenues from thermal power generation, Tata Power was actively expanding its renewable business, but stakeholders had concerns about the company's ambitions. Was the firm's decision to sacrifice potentially high returns in thermal power generation financially imprudent, or did it position the firm well as India inevitably accelerated its energy transition? In this episode, host Brian Kenny welcomes Harvard Business School Professor Vikram Gandhi and Tata Power CEO Praveer Sinha to discuss the case Tata Power and India's Energy Transition, and how India's largest private power producer is reimagining its future.
Key takeaways from this podcast: The Power of Human Capital: The speakers emphasized that human capital is the most valuable resource in any organization, even in the age of AI. Importance of Trust and Comfort: Building a strong mentor-mentee relationship relies heavily on trust and comfort, allowing for open and honest communication. The Value of Structured Processes: Tools like Hogan assessments and 360-degree feedback, combined with structured frameworks like "stop, start, continue," provide valuable insights and direction for leadership development. Organizational Culture and Leadership: The Podcast highlighted the impact of organizational culture on leadership development, drawing examples from Tata Power and KEC International. Continuous Learning and Adaptation: Effective leadership requires continuous learning, adaptation to new environments, and a willingness to embrace change, including the integration of new technologies like AI. The benefit of organizational mentorships: Organisations benefit from faster leadership development, and the retention of tacit knowledge. Leadership is not a one size fits all: There are many different leadership styles.
In this episode of Eyeway Conversations, George Abraham speaks with Sagar Patil, a visually impaired entrepreneur from Mumbai and founder of Ideal Innovative Group (IIG).After being denied admission to study electronics due to his blindness, Sagar pursued his passion independently—repairing radios, reading technical manuals, and learning through practice. What began as self-study evolved into a structured business model. Today, he designs and manufactures solar-powered torches, sensor-based lighting, and accessible tools such as talking multimeters—devices now used by other blind professionals.Sagar also runs a training program where visually impaired individuals learn electronics and gain work experience. Some go on to join his company, while others start ventures of their own in cities across Maharashtra.In this conversation, he shares:How curiosity led him to electronicsDesigning tools tailored for blind usersCollaborating with companies like Tata Power and MahindraCreating food products using mushroom byproductsSupporting others to build independent livelihoodsFor information or support, contact the Eyeway Helpdesk: 8800 00 4334Listen to the full episode now.
1. Tata Power's ₹25,000 Cr Surge - 00:38:02 - 01:53:715 Tata Power is charging ahead with a massive ₹25,000 crore capital outlay for FY26, focusing half of it on renewables. CEO Praveer Sinha revealed the company plans to add up to 2.7 GW of capacity, with long-term wind turbine deals in the pipeline. Tata Power is also eyeing two UP discoms—Purvanchal and Dakshinanchal—as they head for privatisation. Meanwhile, its nuclear ambitions hinge on legal reforms expected in the Monsoon Session. The company posted a strong Q4 with net profit up 25% to ₹1,306 crore, riding on strong performance across renewables, generation, and distribution. 2. North-East's ₹2.5 Trillion Pitch - 01:56:495- 03:13:724 Ahead of the Rising Northeast Summit on May 23–24, Union Minister Jyotiraditya Scindia announced ₹1.12 trillion in confirmed proposals and eyes a ₹2.5 trillion target. Big names like Reliance, Adani, Tata Sons, and ITC are expected to contribute an additional ₹80,000 crore. From textiles to tourism, IT to energy, the region is being positioned as a high-return, high-growth destination. The summit will feature 11 ministerial sessions at Bharat Mandapam, New Delhi. French firms are also warming up to the region, with dairy, aviation, and agri-tech sectors in focus. 3. Gensol's Clean Energy Crisis - 03:16:504 - 04:41:656 Gensol Engineering is in deep trouble. Ireda has filed an insolvency plea for a ₹510 crore loan default, just weeks after accusing the company of forging documents and misusing funds. Sebi has already barred the promoters—Anmol and Puneet Singh Jaggi—from the markets and corporate roles. Gensol raised over ₹800 crore to buy EVs for its BluSmart business but used only ₹567 crore, with ₹260 crore unaccounted for. The case, now under EOW and forensic audit, is a cautionary tale in India's clean energy push. 4. #BoycottTurkey Takes Off - 04:44:518 - 05:59:635 Social media outrage over Turkey's ties with Pakistan—especially reports of drone support—has sparked #BoycottTurkey trends. Platforms like Cox & Kings and Ixigo have paused bookings to the country. IndiGo and Air India's partnerships with Turkish Airlines came under fire, but insiders say there's no major commercial hit—yet. With Turkish Technic servicing both airlines and Celebi handling ground ops at key airports, complete decoupling looks unlikely. As with Maldives and China, boycotts only stick when commerce takes a hit—and so far, it hasn't.
Key Takeaways: The Power of Human Capital: The speakers emphasized that human capital is the most valuable resource in any organization, even in the age of AI. Importance of Trust and Comfort: Building a strong mentor-mentee relationship relies heavily on trust and comfort, allowing for open and honest communication. The Value of Structured Processes: Tools like Hogan assessments and 360-degree feedback, combined with structured frameworks like "stop, start, continue," provide valuable insights and direction for leadership development. Organizational Culture and Leadership: The webinar highlighted the impact of organizational culture on leadership development, drawing examples from Tata Power and KEC International. Continuous Learning and Adaptation: Effective leadership requires continuous learning, adaptation to new environments, and a willingness to embrace change, including the integration of new technologies like AI. The benefit of organizational mentorships: Organisations benefit from faster leadership development, and the retention of tacit knowledge. Leadership is not a one size fits all: There are many different leadership styles. #Leadership #Coaching #Mentoring #CorporateTraining #HumanCapital #Webinar #Kocharya #BusinessLeadership #CareerDevelopment #ProfessionalGrowthThis episode was recorded on 05 March, 2025 as part of MasterMind Mentor LeaderYou can watch the recording on our YouTube channel. If you like this episode, please subscribe to our podcast and connect with us on the links below. Thank you for your support!Contact Us https://coacharya.com/contactWebsite https://coacharya.comWebinars https://coacharya.com/events/LinkedIn https://www.linkedin.com/company/coacharyaYouTube www.youtube.com/@Coacharya2Facebook https://www.facebook.com/CoacharyaTwitter https://twitter.com/coacharyaInstagram https://www.instagram.com/coacharya
Breaking Barriers: Shalini Singh on Thriving in a Male-Dominated IndustryShalini Singh, Chief of Corporate Communications & Sustainability at Tata Power, is a force of impact and innovation. From leading award-winning initiatives like Club Enerji and Greenolution to earning a board seat at just 40, she has paved the way for change.In this conversation, she shares her journey of working in a male-dominated industry, the doubts she faced, and how listening became her biggest strength. A TEDx speaker and passionate sustainability advocate, she continues to drive real change—one initiative at a time.
Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of February 13 -The Indian equity market demonstrated resilience in a highly volatile session, though ultimately closing marginally lower. After showing a sharp decline in the last five sessions, the Nifty witnessed high volatility and a smart upside recovery. The index extended its downward trend for the sixth straight session, but the day's trading pattern revealed significant underlying strength. Nifty held above 23,000, supported mainly by financial stocks. -Among individual stocks, Reliance Industries emerged as the primary drag on the index, declining 1.5%, while Mahindra & Mahindra experienced the steepest fall of 3.2%. Insurance stocks surged as the I-T Bill retained the existing corporate tax rate. Metal, PSU Banks, and Financial Services showed strength sector-wise, while the Realty, Oil and Gas, and Auto sectors faced selling pressure. -This morning, the GIFTNifty was flat indicating a muted start for the Indian market. -Stocks to track: Kotak Mahindra Bank, ICICI Bank, Reliance, Bharat Forge, Tata Power, -Global cues: Asian equities rose as US-Russia talks spurred expectations for an end to the war in Ukraine. Risk sentiment was also stoked by the improving prospects for Chinese markets. -The S&P 500 closed down 0.3%, paring most of a 1.1% slide following the inflation data. Tesla Inc. led gains in megacaps and Meta Platforms Inc. rose for an 18th straight session. For the first time since November, the Nasdaq 100 erased an intraday loss of 1%. In late hours, Cisco Systems Inc. jumped on an upbeat sales forecast. -Oil extended declines after US-Russia talks. An index of dollar strength was little changed. Gold held a rally from its previous session, inching back toward its record high achieved earlier this week. -Prime Minister Narendra Modi is in Washington DC for a bilateral meeting with President Donald Trump. He also met US intel chief Tulsi Gabbard. Tune in to the Marketbuzz Podcast for more news and cues
In this episode of Market Minutes, Zoya Springwala talks about the key factors to watch out for today before the domestic market opens. The BSE Sensex and NSE Nifty 50 are expected to resume trading on a positive note, extending their gains from the previous session. Also, catch Nirav Chheda, Assistant Vice President, Nirmal Bang on the Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.
Marketbuzz Podcast: Indian markets may open gap-up according to the GIFT Nifty. Watch out for stocks like Asian Paints, Tata Power, Defence stocks and others.
This week on News Flash, Denker Wulf and Energie Engineering Nord are merging, Tata Power partners with the Asian Development Bank for $4.25 billion in clean energy projects, and TPG is considering buying Siemens Gamesa India assets. Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us! Pardalote Consulting - https://www.pardaloteconsulting.comWeather Guard Lightning Tech - www.weatherguardwind.comIntelstor - https://www.intelstor.comJoin us at The Wind Energy O&M Australia Conference - https://www.windaustralia.com Welcome to Uptime News Flash. Industry news lightning fast. Your hosts, Alan Hall, Joel Saxum, and Phil Totaro discuss the latest deals, mergers, and alliances that will shape the future of wind power. News Flash is brought to you by IntelStor. For market intelligence that generates revenue, visit www.intelstor. com. Allen Hall: Well, Phil, Tata Power has signed a 4. 25 billion memorandum of understanding with the Asian Development Bank for clean energy projects. And the agreement was signed during the ongoing COP 29 conference in Baku, Azerbaijan. The key initiatives coming out Out of this include a 966 megawatt solar wind hybrid project and a pump hydro storage project. Now the partnership will support India's target of 500 gigawatt renewable energy capacity by 2030. This is really important, Phil, because Tata plays a significant role in that. A role in India's economy. Philip Totaro: And not just in renewable energy project development and asset ownership and operations. Obviously they've got automotive, they've got steel making, they do any number of things. They're a pretty diversified industrial company. And what actually a lot of people may not know is Tata Power is actually one of the top five asset owners and operators of renewable energy assets in India already. So getting an additional, MOU signed for, for 4. 25 billion is, is not going to hurt. But keep in mind, they also have broader ambitions outside of India. They, they signed an agreement with a company in Bhutan recently to do a five gigawatt renewable project there. They've had ambition in Sri Lanka and, other kind of regional markets within the Asia Pacific region there that it gives them, they've been kind of quietly going about, spreading their influence. And I, again, I think this is a fantastic move for them and, and to be able to get this Asian Development Bank agreement in place, I think is, if they get 100 percent of that, that money that they're, they're talking about in this MOU, that, that's really gonna help push Tata Power forward. Allen Hall: Well, staying in India, TPG is in advanced talks to acquire the Siemens Gamesa Indian assets. And that deal could, well, it's valued at more than 300 million currently. Now, TPG has emerged as a front runner after outbidding industry players and a number of private equity firms. And Phil, this is a valuable asset. I know a number of companies in India were really shooting for this Siemens Gamesa business. Thank you very much. But TPG has really rocketed to the top. Philip Totaro: Yeah, and it's, it's fascinating because I wouldn't actually have expected private equity to win this one. Mainly because the, what Siemens is, is really offering in terms of their asset portfolio in, in India is their manufacturing facilities. Any operations and maintenance agreements that they have and, and that entire side of the business, I would have thought that, They would have either split off that side of the business. Maybe the Chinese were going to come in and take over the factory space. So this is,
In this episode of Market Minutes, Neeshita Beura unpacks the Adani Group's legal troubles, which caused key indices to tumble to fresh five-month lows amid heightened geopolitical tensions and foreign outflows. The podcast also highlights Hyundai Motor's renewable energy plans, Infosys' penalty concerns, and Tata Power's clean energy push. In the Voice of the Day segment, Aishvarya Dadheech, Founder and CIO of Fident Asset Management, shares his perspective on consumption trends, earnings, and valuations. Market Minutes is a morning podcast, putting the spotlight on trending stocks, crucial data points, and evolving market trends.
Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of November 21 -While yesterday was a stock market holiday on account of voting in Maharashtra, the Nifty50 finally broke its seven-day losing streak—the longest in over 20 months — on Tuesday. Despite a strong opening and a positive first half, a sharp sell-off in the latter half wiped out the day's earlier gains, reportedly triggered by news of Ukraine's strike inside Russia. -Today's trading session will also see whether the Nifty 50 bulls are able to defend the 23,500 mark on the downside, particularly on the Nifty expiry day. -Meanwhile, Deepak Jasani of HDFC Securities expects Nifty to form a higher low before embarking on a sustainable bounce. 23350-23815 could be the band for the Nifty over the near term, he says. Religare Broking's Ajit Mishra said the Nifty's movement reflects that bears are firmly in control, using every rebound as an opportunity to short. -This morning the GIFT Nifty was higher, trading at a premium of nearly 90 pts from Nifty futures Tuesday close, indicating a gap-up start for the Indian market. -Stock to track: UPL, Dr Reddy's, Tata Power, Garden Reach Shipbuilders & Engineers, Aditya Birla Capital, JSW Steel, Aegis Logistics, Adani Infra -Asian equities declined in early trading, reflecting a muted mood on Wall Street that was amplified by Nvidia Corp.'s lackluster revenue forecast. Shares in Japan and South Korea fell alongside Hong Kong equity futures. Contracts for US benchmarks declined Thursday in Asian trading after falling on Nvidia earnings. The chip giant met third-quarter revenue and earnings expectations, but failed to meet the highest estimates for future revenue. Shares in Australia were slightly higher. -The tepid response to Nvidia's earnings may ripple across global markets, given the size of the world's largest company by market value and its role in the artificial intelligence boom. Shares of South Korea's SK Hynix, which is a supplier of Nvidia, rose as much as 0.9% in Seoul. -Meanwhile, investors in Asia will also be looking to gauge the effect of a US indictment of Gautam Adani and other executives over the alleged payment of more than $250 million in bribes. -On the other hand, Bitcoin set another all-time high, supported by a series of developments highlighting the deepening embrace of the digital-asset industry in the US under crypto cheerleader Trump. The world's largest cryptocurrency is fast approaching $100,000, helped along by MicroStrategy Inc.'s massive purchases. -Gold was up early Thursday, notching its fourth daily advance. Oil prices also climbed after retreating Wednesday. Tune in to Marketbuzz Podcast for more cues
Marketbuzz Podcast: Indian markets may open in the red according to the GIFT Nifty. Watch out for stocks like L&T, Dabur, IRB Infra, Tata Power and Biocon.
In this episode of Market Minutes, Lovisha Darad talks about key events that investors will eye on October 30. On a Nifty expiry day, markets will continue to react to India Inc's Q2 results. Companies such as Maruti Suzuki India, Marico, Voltas – all reported Q2 results. Some of the companies that will report Q2 results today include L&T, Tata Power, P&G Health and Hygiene, Dabur, among others. Also, catch Divam Sharma of Green Portfolio on Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.
-Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of September 13 -This morning, GIFTNifty was higher, trading at a premium of more than 60 pts from Nifty Futures Thursday close, indicating a start in the green for the Indian market. -On Thursday, the Nifty, which struggled to cross 25,000 for the better part of the day, crossed 25,200, 25,300 and even made a new record high of 25,433, all within a span of 90 minutes. The weekly options expiry of the Nifty 50 contracts triggered a sharp short covering move, led by banking stocks. Another trigger may have been the nearly ₹3 lakh crore that were blocked for the Bajaj Housing Finance IPO. Freeing up of that capital could have also led to this upmove. -Adani Group will be in focus today as the group as unequivocally rejected and denied baseless allegations presented by Swiss publication GothamCity. They said the Adani Group has no involvement in any Swiss court proceedings, and none of their company accounts have been subject to sequestration by any authority. -Stocks to watch: BPCL, Tata Power, Tata Motors, BLS International, SBI Card, Patanjali Foods -In Asia, stocks fluctuated this morning, with the yen's rise to around 141 per dollar pressuring those in Japan, an export-oriented economy. Benchmarks rose in Australia, South Korea, Hong Kong and China, following a fourth day of gains on Wall Street. -The range-bound trading in equities suggests caution ahead of next week's Fed policy meeting, after data showed Thursday that US producer price index picked up slightly in August after the previous month's numbers were revised lower. Meanwhile, categories that feed into the Fed's preferred inflation gauge were muted. -Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced producers to evacuate platforms before it hit the coast of Louisiana. Brent crude futures rose by 34 cents, or 0.5%, to $72.31 per barrel this morning. Tune in to the Marketbuzz Podcast for more cues
In this episode of "The Brand Called You," Vineet Mittal, Chairperson of the Avaada Group shares his remarkable journey from launching internet services in India to founding Welspun Energy and monetizing it to Tata Power. Now, as the head of Avaada Group, he is spearheading the green energy revolution in India. Vineet discusses the challenges and opportunities in the renewable energy sector, the innovative sand-to-silicon strategy, and the critical role of decarbonizing India's energy grid. His insights provide a compelling vision for a sustainable and prosperous future. 00:35- About Vineet Mittal Vineet is the chairperson of the Avaada group. He founded Welspun Energy and successfully monetized the company to Tata Power in 2016. His notable recognitions amongst so many others include the prestigious Solar Man of the Year Award. He's a fellow member of the YPO. --- Support this podcast: https://podcasters.spotify.com/pod/show/tbcy/support
Marketbuzz Podcast: Indian markets may see a gap-up start according to the GIFT Nifty. Watch out for stocks like Suzlon, Tata Power, PI Industries.
Invenergy enters the Spanish offshore wind market with a planned 552 MW floating wind farm. Iberdrola considers selling US renewable assets to fund its Avangrid acquisition. Tata Power secures a major loan to finance clean energy projects in India, while National Grid divests US assets to focus on UK decarbonization. Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us! Pardalote Consulting - https://www.pardaloteconsulting.comWeather Guard Lightning Tech - www.weatherguardwind.comIntelstor - https://www.intelstor.com Allen Hall: I'm Allen Hall, president of Weather Guard Lightning Tech, and I'm here with the founder and CEO of IntelStor, Phil Totaro, and the chief commercial officer of Weather Guard, Joel Saxum, and this is your NewsFlash. NewsFlash is brought to you by our friends at IntelStor. If you want market intelligence that generates revenue, then book a demonstration of IntelStor at intelstor.com. Invenergy has announced its entry into the spanish offshore wind market with the proposed oh boy floating wind farm the planned capacity 552 megawatt site Is will be the furthest site away from the shoreline of spain if approved it will power over 600 thousand Spanish households. Wow, Phil the construction of the offshore floating wind farm is estimated to take between eight and ten years with Invenergy prioritizing local hiring and procurement through the project's development. So this is a really neat project by Invenergy, Phil. Philip Totaro: Yeah, it's interesting too, because the Spanish are trying to get an offshore market going. There's, something like 40 plus gigawatts of projects that have been kind of tentatively proposed for different tenders that they're supposed to have in Spain, but they haven't actually gotten a framework in place for how any kind of You know, subsidies are going to work. And I think power offtake may also still be a bit of a challenge there as far as the infrastructure needed to be able to support this much capacity. But the fact that, I mean, this is, and we've talked before about the fact that Invenergy is not exactly a U. S. company. They're, it's Canadian majority owned company as far as their, their parent investor, but let's say they're, the first occasion where I can recall a North American based company anyway, is venturing off into the European offshore wind market. So this is pretty interesting and, and an exciting play for them. Joel Saxum: One of the nice things here is that, that northwest corner of Spain. Good deep water port as well. So, the area's gonna be primed and ready for it. There's some demand locally there. They're ready and willing to go here. 552 megawatts for a floating offshore wind farm. That's again, I think last week we talked about the largest one we've heard of. This is now the largest one I've heard of. And the facilities are there, ready to go. Keyside to put these things out. So, 8 to 10 years, I think we'll see a big floating wind farm there. Allen Hall: Spanish utility company Iberdrola is considering selling a 50 percent stake in a portfolio of U. S. renewable energy assets, which includes 400 megawatts of solar plants and 300 megawatts of onshore wind. For an estimated 1. 6 to 1. 8 billion us dollars. The company is working with the bank of America on the potential sale and plans to formally launch the process in July with the aim of completing the transaction by the end of the year. This move comes as part of a broader review of Iberdrola's strategy in the U S following its recent agreement to fully acquire its subsidiary of on grid for 2. 5,
Welcome to CNBC-TV18's Marketbuzz Podcast. Here are all the important updates ahead of the trading session of May 9 -GIFTNifty was flat this morning, swinging between a discount and rise of nearly 10 points from Nifty Futures Wednesday close, indicating a flat start for the Indian market. -On Wednesday, the Nifty 50 ended at the exact same level it closed the previous day. While the index did slip below the 22,200 mark at one point, autos and metal stocks contributed to recovery from the lows. -The India VIX showed no signs of cooling off. The index continues to remain above the mark of 17 and gained for the ninth day in a row. Wednesday's no move day means that the Nifty remains 500 points below its recent record high of 22,794. -Today will be the weekly options expiry for the Nifty 50 contracts. -Stocks in focus: L&T, Tata Power, TVS Motor, Godrej Agrovet, Sula Vineyards. -Earnings: State Bank of India, Asian Paints, BPCL, HPCL, MGL, PNB, Quess Corp, Rain Industries, Relaxo Footwear -TCS has released its annual report for FY24 in which TCS Chairman Chandrasekaran highlights the mega trends that are shaping priorities of businesses i.e AI, New energy, Supply chain and Talent. He also thinks the macro environment is relatively better now. -Asia-Pacific markets were mixed ahead of China's April trade data, as well as pay statistics from Japan. -Overnight in the US, the Dow Jones Industrial Average extended its winning streak to six days, as investors shook off some weakness in tech. The Dow added 0.44% and notched its longest stretch of positive days in 2024. The S&P 500 inched lower and closed near the flatline, while the Nasdaq Composite pulled back by 0.18%. -Oil prices rose in early trade today as shrinking U.S. crude inventories signalled tighter supply, and amid rising hopes that the Federal Reserve would cut interest rates by the end of the year. Brent crude futures rose to $83.81 a barrel. Tune in to the Marketbuzz Podcast for more cues
Welcome to CNBC-TV18's Marketbuzz Podcast. Here are all the important updates ahead of the trading session of May 8 -The domestic market has lost ₹10 lakh crore in market capitalisation during a three-day drop. The Nifty has shed 350 points in the last three sessions. IT and FMCG came to the Nifty's rescue on Tuesday when every other sectoral index sold off. -Wednesday will also be the weekly expiry for the Nifty Bank, with some big Nifty names reporting results. L&T and Hero MotoCorp among Nifty 50 companies will report their results today. Firms like Tata Power, TVS Motor, Sterlite Tech, Sula Vineyards, Westlife Foodworld, Godrej Agrovet within the broader market universe will also report their numbers. -Stocks like Dr. Reddy's, IGL, Navin Fluorine, Pidilite, Voltas, JSW Energy and others will react to their earnings. -Asia-Pacific markets were mixed on Wednesday, mirroring moves in Wall Street's Tuesday session. -Overnight in the U.S., the Dow Jones Industrial Average notched a fifth straight day of gains and rose marginally, while the S&P 500 inched up 0.13%. In contrast, the Nasdaq Composite slipped 0.1%. -Macroeconomic uncertainties and mounting geopolitical tensions have given gold — the classic “safe haven” asset — a boost. -Gold prices topped $2,400 an ounce in April as tensions in the Middle East escalated. Spot gold is currently trading around 12% higher over the year to date. -Oil prices fell this morning after market sources cited by Reuters said that data from the American Petroleum Institute showed an increase in U.S. crude and fuel stockpiles, an indicator of weak demand. -Brent crude oil futures were near $83 a barrel. -GIFTNifty traded at a premium of nearly 20 pts from Nifty Futures Tuesday close indicating a start in the green for the Indian market. -NSE has said that it will conduct a special live trading session on Saturday, May 18 to test preparedness for handling unexpected disasters. Tune in to the Marketbuzz Podcast for more cues
bto - beyond the obvious 2.0 - der neue Ökonomie-Podcast von Dr. Daniel Stelter
Anlässlich der größten Parlamentswahl der Welt liegt der Schwerpunkt der 239. Folge von „bto – beyond the obvious – der Ökonomie-Podcast mit Dr. Daniel Stelter“ auf der Republik Indien. Seit Jahren entwickelt sich der indische Subkontinent äußerst dynamisch, hat Armut und Hunger deutlich reduziert und setzt zum Sprung in ein neues Zeitalter an. Lange Zeit unbemerkt, ist das Land drauf und dran, zur drittgrößten Volkswirtschaft der Welt zu werden und dies mit Dienstleistungen und Industrieproduktion. Aus Sicht deutscher Unternehmen ist Indien eine große Chance: als Produktionsstandort, als Absatzmarkt und als Quelle qualifizierter Arbeitnehmer. Doch nicht nur das. Wer auch in Zukunft erfolgreich sein will, hat keine Alternative, als in Indien aktiv zu werden. Entsprechend selbstbewusst präsentiert sich das Land und erwartet eine Behandlung auf Augenhöhe vom Westen, aber auch von Russland und China. Dabei hilft Indien auch eine andere Haltung, gerade im Vergleich zu China. Kulturell würde man mehr auf „Softpower“ setzen, meint der indische Top-Manager Ramabadran Gopalakrishnan im Gespräch mit Daniel Stelter. Gopalakrishnan war im Verlauf seiner Karriere in Spitzenpositionen namhafter indischer Unternehmen tätig, u. a. als CEO von Tata Sons Ltd und als Mitglied der Vorstände von Tata Power, Tata Technologies, AkzoNobel India oder Castrol India.HörerserviceNeue Analysen, Kommentare und Einschätzungen zur Wirtschafts- und Finanzlage finden Sie unter www.think-bto.com. Sie erreichen die Redaktion unter podcast@think-bto.com. Wir freuen uns über Ihre Meinungen, Anregungen und Kritik.ShownotesHandelsblatt – Ein exklusives Angebot für alle „bto – beyond the obvious – featured by Handelsblatt”-Hörer*innen: Testen Sie Handelsblatt Premium 4 Wochen lang für 1 Euro und bleiben Sie zur aktuellen Wirtschafts- und Finanzlage informiert. Mehr erfahren Sie unter: https://handelsblatt.com/mehrperspektiven Werbepartner – Informationen zu den Angeboten unserer aktuellen Werbepartner finden Sie hier. Hosted on Acast. See acast.com/privacy for more information.
Indian benchmark indices, Sensex and Nifty 50, are likely to make a subdued start on December 18, after record breaking rally across equity markets worldwide. The handover has been strong from the US markets. However, Asian markets were subdued ahead of Japan's monetary policy decision later in the day, indicating a flat start for the Indian market. India's GIFT Nifty was up 0.15% from its overnight close at 21,487 as of 8:15 a.m. IST, indicating that the Nifty 50 is likely to open around its Friday closing level of 21,456.65. The Nifty and Sensex have gained about 6.6% so far this month, and are on course to their best monthly performance in 2023, with the Nifty closing at record highs in nine of 11 sessions. Besides the easing global interest rate outlook, the rally has been driven by the Reserve Bank of India raising its fiscal 2024 growth forecast, return of foreign inflows, sustained domestic inflows, and moderation in oil prices. Stocks to watch: Tata Power, Mazagon Dock Shipbuilders, PB Fintech, Zee Entertainment Enterprises among others Tune in to the Marketbuzz Podcast for more cues
Indian benchmark indices, Sensex and Nifty 50, are set to open higher on November 29, tracking a rise in Asian and US peers. This came against the backdrop of dovish commentary from a US Federal Reserve official elevated bets of rate cuts by as early as March 2024. India's GIFT Nifty was up 0.31% at 20,029.50 as of 7:58 am IST, above the benchmark Nifty 50's previous close of 19,889.70. In the November 29 trading session, the Nifty may hit or cross the 20,000-mark and breach its all time high levels. In the previous session it crossed the 19,900-mark, just about 1.65% away from record levels. In November, the market has gained 4.25% while the mid cap index has risen 8.75%. Globally, Wall Street equities rose overnight after Fed governor Christopher Waller flagged the possibility of lowering the interest rate in the months ahead if inflation continued to come down. Key stocks to track: Zomato, Siemens, Phillips Carbon Black, Tata Power and more Tune in to Marketbuzz Podcast for more
Indian benchmark indices, Sensex and Nifty 50, are likely to open higher on November 21, tracking global peers, amid expectations that US interest rates have peaked. India's GIFT Nifty was up 0.31% at 19,803 as of 8:14 am, above the benchmark Nifty 50's November 20 close of 19,694. The previous session was a range bound one but the mid cap index hit a record high crossing 42,000. Though Bank Nifty was flat, financials will continue to be in focus as the Reserve Bank of India (RBI) has tightened norms for consumer credit. Meanwhile, Brent crude is at around $82 per barrel, which would be a slight negative for the year in markets. In terms of the global setup, the US market continued to gain with the NASDAQ hitting a 22-month high. Microsoft was in focus after hitting a fresh 52 week high. This is after Sam Altman has been announced to lead a new AI team at Microsoft. Asian markets too traded largely higher in morning trade. Also, Federal Open Market Committee (FOMC) minutes will be watched out for later in the day. Stocks to watch: ABB India, Titagarh Rail Systems, HDFC Life Insurance, Karnataka Bank, Tata Power and more Tune in to the Marketbuzz Podcast for more cues
Indian benchmark indices — Sensex and Nifty 50 — are likely to open in green on November 9, after closing with minor gains in the previous session. In terms of big cues, oil has slipped further to three month lows below $80 per barrel for Brent crude as demand concerns have mounted. US markets closed marginally higher in the overnight session as stocks like Disney reacted positively to quarterly results. Asian peers also traded in the green in morning trade. Gift Nifty indicates a positive start for the domestic market. Amid earnings to track are Mahindra and Mahindra, Adani Ports, Apollo Hospital, Ashok Leyland, ABB India and more. Tata Power shares will also be in focus as several analysts have given it a 'sell' call amid collapse in Indo coal profits. Tune in to Marketbuzz Podcast for more cues
In this episode of Market Minutes, Lovisha Darad discusses if moderating bond yields and cooling oil prices can support rally for domestic equities on November 8. Dalal Street will continue to react to a slew of July-September quarter results. Companies like Tata Power, Oil India, and Lupin are set to report Q2 scorecard on Wednesday. Also, catch Mukesh Kochar of AUM Capital on Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.
Indian benchmark indices — Sensex and Nifty 50 — are set for a muted open on August 22, on risk aversion due to persistent concerns over the health of China's economy and US interest rates. India's GIFT Nifty on the NSE International Exchange was up 0.03 percent at 19,395 at 8:05 am. In the previous session, Nifty 50 and Sensex rose as a rebound in information technology (IT) and financial stocks outweighed a slide in Reliance Industries following spin-off Jio Financial's lukewarm market debut. In the overnight session in the US market, NASDAQ rallied close to about a percent and a half. This is despite an absolutely flat closing. The Dow and Jones closed in the red. Meanwhile, pessimism about the Chinese economic outlook continues to weigh on the market. The focus is now on the Jackson Hole symposium as Fed Chair Jerome Powell is going to deliver a speech on August 25. The Indian markets will only react to this over the weekend and in the week that follows. Meanwhile, domestic investors also await the minutes of the latest monetary policy meeting of the Reserve Bank of India, due on August 24. Among the stocks to watch are Adani Enterprises, Welspun Enterprises, Tata Power and Brigade Enterprises. Tune in to the Marketbuzz Podcast for more news and cues ahead of today's session
Marketbuzz Podcast with Ekta Batra: Sensex and Nifty 50 likely to open marginally higher Indian benchmark indices — Sensex and Nifty 50 — are likely to open marginally higher on August 9 after China's consumer prices logged a smaller-than-expected fall in July, ahead of U.S. inflation data and Reserve Bank of India's (RBI) policy decision due this week. The Indian rupee is expected to struggle at the opening on Wednesday in the wake of the dollar index's move higher on weak risk appetite. The US markets closed lower in the overnight session, with concerns about bank stability capping sentiment. Asian shares were on the defensive after China inflation data confirmed the recovery in the world's second-biggest economy is losing steam. The GIFT Nifty was indicating an implied open off a little bit of a negative bias for the Indian market. Brent is at around $86 per barrel. The markets are likely to now focus on the macros versus micros as the earning season is coming to a close. The US CPI data for July is due to be released on Thursday while India's Reserve Bank of India (RBI) will make the bi-monthly policy announcement on the same day and is likely to hold the current interest rates. Among quarterly results due today are that of Tata Power, Zee Entertainment Enterprises, Abbott India, Berger Paints India, and Bharat Forge among others. Tune in to the Marketbuzz Podcast for more news and cues ahead of today's session
On today's episode, financial journalist Govindraj Ethiraj talks about Google setting up phone manufacturing in India, the impact of Heatwaves on the Indian Economy, women taking up manufacturing jobs and more.SHOW NOTES[00:55] Google Set To Follow Apple into India For Phone Manufacture [03:03] Heat Waves are expanding across India, killing hundreds, with several economic implications as well.[06:49] Why women have another shot at traditional manufacturing jobs[09:23] Nandan Nilekani donates 400 crore to IIT Bombay. Donate or Set Up Your Own College, What Should Businessmen Do ?[13:24] And hmm..what Tata Power's managing director Praveen Sinha had to say on work from home.For more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
The VCpreneur: Startups | Venture Capital | Entrepreneurship | Fundraising
In this episode, Anjali Bansal, Founding Partner @Avaana Capital, joins our host Digjay, to talk about her path leading up to Avaana Capital, investing in process & product innovation, key headwinds & tailwinds in the current climate tech cycle, innovative sustainability startups from Avaana's portfolio, the role of the board at early stages of a startup, importance of having a diverse board, how can founders draw maximum value from their board, and what to overindex on to build longevity in one's career. Avaana is an early/growth stage fund that invests in technology and innovation-led start-ups catalysing climate solutions and sustainability. Some of its marquee portfolio startups include the likes of Terra.do, Farmart, Eeki Foods, Animall and Praman among others. Anjali has also invested in and mentored various successful start-ups including Delhivery, UrbanClap, Nykaa and Lenskart. Previously, Anjali has been the Non-Executive Chairperson of Dena Bank, appointed by the Govt. of India to steer the resolution of the stressed bank. Prior to that, Anjali was a Global Partner and Managing Director with TPG Growth PE. She also serves as an independent director on several leading boards including Tata Power, Bata, Kotak AMC, and Piramal Enterprises. Anjali is also a member of the Advisory Council for the Open Network for Digital Commerce (ONDC) and serves on the CII National Committee on Corporate Governance. You can connect with her here on Linkedin ---- Show notes – (02:17) Anjali's background & path leading up to Avaana Capital (06:37) Identifying the scale-up potential of startups (10:28) Investing in process & product innovation (14:30) Climate tech – Key headwinds & tailwinds in the current climate tech cycle (18:43) Cutting through the noise and staying focused when investing in a hot market/theme (21:37) Full-stack support that Avaana brings to startups (23:40) Innovative climate tech startups that are part of Avaana's portfolio (26:02) Role of the board at early stages of a startup and how does that evolve as the startup matures in it's lifecycle (30:08) Importance of having a diverse board and how to draw maximum value from your board (33:35) Reflecting on a multi-decadal career - What to overindex on to build longevity in one's career? (35:25) Advice for first time GPs (38:04) Rapid fire and closing remarks ---- If you liked our episode, you can subscribe to our podcast on any podcast platform of your choice (like Spotify & Apple iTunes). We would appreciate if you could leave us a review on Spotify or Apple iTunes. This helps others discover the podcast organically. You can visit thevcpreneur.com and follow us on Twitter @thevcpreneur_ & Instagram @thevcpreneur for more episodes and interesting insights on the startup ecosystem. You can also follow our host Digjay here on Linkedin & Twitter
See Tickets discloses 2.5 year-long credit card breach US charges Chinese agents in Huawei obstruction case Hive begins leaking Tata Power's data Thanks to this week's episode sponsor, Votiro UFOs are everywhere.They're in your applications, cloud storage, endpoints, and emails. That's right – UFOs – Unidentified File Objects – are hiding in files across your organization. UFOs can contain malware that exfiltrates data or deploys ransomware. And 70% of UFOs can't be detected by traditional scanning solutions like Anti-Virus and Sandboxing. That's where Votiro comes in. Votiro prevents UFOs before they hitch a ride in on files – without detection, and without slowing down business. Do you believe? Learn more at Votiro.com/UFOs For the stories behind the headlines, visit CISOseries.com
Podcast: Control Loop: The OT Cybersecurity Podcast (LS 28 · TOP 10% what is this?)Episode: An IT security professional walks into an OT bar.Pub date: 2022-10-19An assessment of port and terminal cybersecurity in the US. Tata Power discloses a cyberattack. The White House issues statements on cybersecurity. India's power company collaborates on energy sector cybersecurity. Guests Special Agent in Charge, Tom Sobocinski, and Supervisory Special Agent for Cyber, Tom Breeden, of the FBI Baltimore Field Office, discuss the FBI's collaborative approach to working with industry. In the Learning Lab, Mike Hoffman of Dragos kicks off the first of 3 segments on teaching infosec professionals how to think about OT security with the fundamental differences between IT security and OT security.Control Loop News Brief.Port and terminal cybersecurity.“US Ports and Terminals Sustain Increased Cybersecurity Attacks,”(Jones Walker LLP)Cyber attack against Tata Power.“Indian energy company Tata Power announces cyberattack affecting IT infrastructure,” (The Record)“Tata Power says hit by cyber attack, says critical system functioning,” (Mint)“Tata Power says hit by cyber attack,” (The Economic Times)Sabotage and terrorism directed against infrastructure.“Russia's MFA summons German, Danish, Swedish envoys over Nord Stream probe,” (TASS)White House statement on cybersecurity.“FACT SHEET: Biden-Harris Administration Delivers on Strengthening America's Cybersecurity,” (The White House)India collaborates on energy sector cybersecurity.“New collaboration to tackle cybersecurity issues in power transmission systems,” (India Science Wire)Control Loop Interview.Guests are FBI Baltimore Special Agent in Charge, Tom Sobocinski, and Supervisory Special Agent for Cyber, Tom Breeden, sharing the FBI's collaborative approach to working with industry.Control Loop Learning Lab.Our Learning Lab segment is the first in a series of three with Mike Hoffman, Principal Industrial Consultant at Dragos, teaching infosec professionals how to think about OT security. This episode's segment is about the fundamental differences between IT security and OT security.The podcast and artwork embedded on this page are from CyberWire Inc., which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
An assessment of port and terminal cybersecurity in the US. Tata Power discloses a cyberattack. The White House issues statements on cybersecurity. India's power company collaborates on energy sector cybersecurity. Guests Special Agent in Charge, Tom Sobocinski, and Supervisory Special Agent for Cyber, Tom Breeden, of the FBI Baltimore Field Office, discuss the FBI's collaborative approach to working with industry. In the Learning Lab, Mike Hoffman of Dragos kicks off the first of 3 segments on teaching infosec professionals how to think about OT security with the fundamental differences between IT security and OT security. Control Loop News Brief. Port and terminal cybersecurity. “US Ports and Terminals Sustain Increased Cybersecurity Attacks,”(Jones Walker LLP) Cyber attack against Tata Power. “Indian energy company Tata Power announces cyberattack affecting IT infrastructure,” (The Record) “Tata Power says hit by cyber attack, says critical system functioning,” (Mint) “Tata Power says hit by cyber attack,” (The Economic Times) Sabotage and terrorism directed against infrastructure. “Russia's MFA summons German, Danish, Swedish envoys over Nord Stream probe,” (TASS) White House statement on cybersecurity. “FACT SHEET: Biden-Harris Administration Delivers on Strengthening America's Cybersecurity,” (The White House) India collaborates on energy sector cybersecurity. “New collaboration to tackle cybersecurity issues in power transmission systems,” (India Science Wire) Control Loop Interview. Guests are FBI Baltimore Special Agent in Charge, Tom Sobocinski, and Supervisory Special Agent for Cyber, Tom Breeden, sharing the FBI's collaborative approach to working with industry. Control Loop Learning Lab. Our Learning Lab segment is the first in a series of three with Mike Hoffman, Principal Industrial Consultant at Dragos, teaching infosec professionals how to think about OT security. This episode's segment is about the fundamental differences between IT security and OT security.
There's been a Cyberattack against Tata Power. The FBI warns US state political parties of Chinese scanning. Russian influence ops play defense; China's are on the offense. Ransom Cartel and a possible connection to REvil. "Prestige" ransomware is sighted in attacks on Polish and Ukrainian targets. Distributed denial-of-service attacks interfere with Bulgarian websites. Grayson Milbourne of OpenText Security Solutions on SBOMS. Our own Rick Howard checks in with Bryan Willett of Lexmark on implementation of Zero Trust. And Mr. Musk tweets his intention to continue to subsidize Starlink for Ukraine (probably). For links to all of today's stories check out our CyberWire daily news briefing: https://thecyberwire.com/newsletters/daily-briefing/11/199 Selected reading. Hackers Attack Tata Power IT Systems: All You Need To Know (IndiaTimes) Chinese hackers are scanning state political party headquarters, FBI says (Washington Post) The Defender's Advantage Cyber Snapshot Issue 2 — More Insights From the Frontlines (Mandiant) Ransom Cartel Ransomware: A Possible Connection With REvil (Unit 42) New “Prestige” ransomware impacts organizations in Ukraine and Poland (Microsoft Security Threat Intelligence) Bulgarian Government Hit By Cyberattack Blamed On Russian Hacking Group (RadioFreeEurope/RadioLiberty) 'The hell with it': Elon Musk tweets SpaceX will 'keep funding Ukraine govt for free' amid Starlink controversy (CNBC) Starlink isn't a charity, but the Ukraine war isn't a business opportunity (TechCrunch)
Microsoft says Ukraine, Poland targeted with novel ransomware attack Wi-Fi spy drones snoop on financial firm Indian power generation giant Tata Power hit by a cyber attack Thanks to this week's episode sponsor, SafeBase Security questionnaires. If those two words sent a shiver down your spine, you need to check out SafeBase. SafeBase's Smart Trust Center is a centralized source of truth for your organization's security and compliance information. After implementing SafeBase, many companies see a 90% reduction in custom questionnaires. Imagine how much time you'd save. Visit safebase.com to find out more. For the stories behind the headlines, head to CISOseries.com.
Tata Power Cyberattack, Zimbra Patch Released, VMware ESXi EOL, CISA Redeye & cybercrime busted Cybersecurity News CyberHub Podcast October 17th, 2022 Today's Headlines and the latest #cybernews from the desk of the #CISO: Indian energy company Tata Power announces cyberattack affecting IT infrastructure Zimbra Releases Patch for Actively Exploited Vulnerability in its Collaboration Suite Over 45,000 VMware ESXi servers just reached end-of-life Researchers Say Microsoft Office 365 Uses Broken Email Encryption to Secure Messages CISA releases open-source 'RedEye' C2 log visualization tool 75 Arrested in Crackdown on West-African Cybercrime Gangs Story Links: https://therecord.media/indian-energy-company-tata-power-announces-cyberattack-affecting-it-infrastructure/ https://thehackernews.com/2022/10/zimbra-releases-patch-for-actively.html https://www.bleepingcomputer.com/news/security/over-45-000-vmware-esxi-servers-just-reached-end-of-life/ https://thehackernews.com/2022/10/researchers-claim-microsoft-office-365.html https://www.bleepingcomputer.com/news/security/cisa-releases-open-source-redeye-c2-log-visualization-tool/ https://www.securityweek.com/75-arrested-crackdown-west-african-cybercrime-gangs “The Microsoft Doctrine” by James Azar now on Substack https://jamesazar.substack.com/p/the-microsoft-doctrine The Practitioner Brief is sponsored by: Your BRAND here - Contact us for opportunities today! ****** Find James Azar Host of CyberHub Podcast, CISO Talk, Goodbye Privacy, Digital Debate, and Other Side of Cyber James on Linkedin: https://www.linkedin.com/in/james-azar-a1655316/ Telegram: CyberHub Podcast ****** Sign up for our newsletter with the best of CyberHub Podcast delivered to your inbox once a month: http://bit.ly/cyberhubengage-newsletter ****** Website: https://www.cyberhubpodcast.com Youtube: https://www.youtube.com/c/TheCyberHubPodcast Rumble: https://rumble.com/c/c-1353861 s Facebook: https://www.facebook.com/CyberHubpodcast/ Linkedin: https://www.linkedin.com/company/cyberhubpodcast/ Twitter: https://twitter.com/cyberhubpodcast Instagram: https://www.instagram.com/cyberhubpodcast Listen here: https://linktr.ee/cyberhubpodcast The Hub of the Infosec Community. Our mission is to provide substantive and quality content that's more than headlines or sales pitches. We want to be a valuable source to assist those cybersecurity practitioners in their mission to keep their organizations secure. Thank you for watching and Please Don't forget to Like this video and Subscribe to my Channel! #cybernews #infosec #cybersecurity #cyberhubpodcast #practitionerbrief #cisotalk #ciso #infosecnews #infosec #infosecurity #cybersecuritytips #podcast #technews #tinkertribe #givingback #securitytribe #securitygang #informationsecurity
The Tata Group's flagship steelmaker Tata Steel last week approved the merger of six subsidiaries and an associate company with itself in a major move that consolidates the group's metals and mining business. The move involves listed entities, Tata Steel Long Products, The Tinplate Company of India, Tata Metaliks and TRF. The proposed amalgamation is aimed at driving synergies through raw material security, centralised procurement, optimisation of inventories, reduced logistics costs and better facility utilisation. The consolidation is in continuation with Tata Steel's drive to simplify the group holding structure. Since 2019, it has reduced 116 associated entities. Recently, the Adani Group overtook Tata to become India's most valuable conglomerate. At $278 billion, listed Adani companies had a combined valuation higher than Tata Group's $260 billion. Under the Chairmanship of N Chandrasekaran, the salt-to-software conglomerate has been consolidating businesses that share common synergies. Earlier this year, the group announced the merger of Tata Consumer Products and Tata Coffee. Tata Consumer itself was a result of the 2019 merger of consumer products business of Tata Chemical with Tata Global Beverages. A financial daily on Tuesday reported that the group and Singapore Airlines are working on merging their airline businesses Air India and Vistara, and housing them under a new joint venture. Meanwhile, Tata-owned AirAsia India is in the process of being merged with Air India Express, an Air India subsidiary that operates flights mainly on India-Gulf routes. By 2025, Tata's aviation business will be reportedly brought under Air India. Tata Sons, the group holding company, had consolidated its various businesses across aerospace and defence sectors together under a single entity, Tata Aerospace & Defence (Tata A&D). Ambareesh Baliga, Independent Market Analyst says, consolidation is a value creation proposition. Will bring in synergies and cost efficiencies. Tata's successful future businesses may also undergo consolidation. According to a financially daily, Tata Sons has commenced plans to halve the number of listed companies in the conglomerate to an estimated 15 from 29 in the coming months. This is being done to focus on investing in bigger entities that can compete in the marketplace. The news report quoted the conglomerate's executives saying that it is speeding up the simplification to focus better on the growth and scale of the large companies. Chandrasekaran, who is serving his second term as Tata Sons Chairman, restructured the group into ten verticals such as infrastructure, financial services, automotive and technology and e-commerce. The group had committed over $10 billion to deleverage and restructure Tata companies, consolidate cross-holdings, acquire strategic assets and infuse capital for future growth. Chandrasekaran is driving his 3S philosophy of simplify, synergise and scale to take the group to new heights. Simplification includes consolidating entities sharing the same sector into a single vertical and reducing subsidiary or exiting non-core businesses to bring focus and agility. An example of synergy would be Tata Motors leading the effort to develop an Electric Vehicle (EV) ecosystem in partnership with Tata Capital for financing and Tata Power for the charging infrastructure network. The group is largely focusing on home markets, as its strategy of going global has not yielded much returns. [Shailesh Haribhakti, Chairman, Shailesh Haribhakti Associates says, talent freed from separate silos. Enable clearer capital allocation. Chandrasekaran creating template for synergy. . Tata's latest ambitious goal is to harness its presence across multiple sectors into a unified offering for consumers through its super app Tata Neu. It'll be interesting to see how the consolidation exercise aids in this goal.
The Big Bull of Dalal Street, India's Warren Buffett, Man with the Midas Touch, the Eternal India Optimist, King of the Stock Market – the legendary investor Rakesh Jhunjhunwala carried many nicknames. His death on Sunday at 62, prompted an outburst of tributes from businesspersons, politicians and investors big and small who followed his insights and stock bets. Jhunjhunwala's investing career started in 1985 with 5,000 rupees of borrowed money. At the time of his death, his net worth is estimated at $5.8 billion or 46,000 crore rupees. His first big profit came from the 5,000 shares of Tata Tea he bought in 1986. In three months, Jhunjhunwala tripled his money. There was no looking back after that. In the late 1980s, the qualified chartered accountant made a leveraged bet on iron ore exporter Sesa Goa which brought him his first crores. He bought the stock at 25-26 rupees and sold the holding in tranches, riding the stock till it reached 2,200 rupees. His investment in Tata Power also paid off at the time. Jhunjhunwa's affinity for Tata group stocks continued. In fact, Tata's Titan Company made him the most wealth. He first purchased the jewellery and watch maker's shares in 2002. His other stock holdings from Tata group were Tata Motors, Indian Hotels Company and Tata Communications. He also multiplied his investments several times in stocks such as Lupin and CRISIL. His biggest holding at the time of death remained Titan, accounting for over Rs 11,000 crore or one-third of disclosed portfolio value. Although famous for his bets in listed stocks, Jhunjhunwala did not shy away from taking bigger risks through private market investments He reaped a windfall when three of his portfolio companies, Nazara Technologies, Metro Brands and Star Health and Allied Insurance, hit the public markets last year. A Business Standard analysis showed that 76% of the value of Jhunjhunwala's disclosed portfolio emerged in the last seven years after he turned 55 and the biggest gains came in the past two years. The value of his disclosed portfolio rose from 8,431 crore rupees in March 2020 to 30,652 crore rupees in August 2022. Raamdeo Agrawal, Chairman & Co-Founder, Motilal Oswal Financial Services says, he was an ‘economic philosopher', liked making predictions. Jhunjhunwala was a terrific bargain picker and he always tried to help his friends, be it with money or guidance, says Agrawal. Rakesh Jhunjhunwala was astute not just as an investor who picked stocks for long-term holding but as a trader too. In 2018, he said he made a lot of money by shorting stocks and one of his biggest fortunes came from short selling in 1992 when the Harshad Mehta scam roiled the markets. Rakesh Jhunjhunwala had his misses too in stocks, like Dewan Housing Finance Corporation, DB Realty and Mandhana Retail While some of his private investments paid off handsomely, In March last year, he acknowledged that half of his 20 private equity investments by then had turned out to be duds. His last bet was Akasa Air, in which he held a 40% stake. Motilal Oswal's Agarawal described this bet as the ultimate bargain, as Jhunjhunwala made the most of the discounts offered by the aircraft manufacturer. Jhunjhunwala made his last public appearance at the inaugural flight of Akasa, on August 7th. Among India's notable philanthropists, Jhunjhunwala's faith in the India story and bullish commentary on the economy and markets was visible till the very end. Such was his infectious optimism for India that Jhunjhunwala told a business news channel six days before his death, that regardless of global developments, Indian markets will grow, but at a slower pace. According to him, India was entering a golden age.
Tuesday, May 17, 2022 Hauck Auditorium | Hoover Institution, Stanford University The Hoover Institution hosts India's Opportunities in the 2020s on Tuesday, May 17, 2022 from 6:00PM – 7:00PM PT in Hauck Auditorium at the David & Joan Traitel Building at the Hoover Institution. You are cordially invited to a special event marking the launch of the Hoover Institution's new program on Strengthening US-India Relations India's Opportunities in the 2020s A Dialogue between Condoleezza Rice Tad and Dianne Taube Director, Hoover Institution, and N. Chandrasekaran Chairman, Tata Sons, with questions to follow. SPEAKERS Condoleezza Rice is the Tad and Dianne Taube Director of the Hoover Institution and the Thomas and Barbara Stephenson Senior Fellow on Public Policy. In addition, she is a founding partner of Rice, Hadley, Gates & Manuel LLC, an international strategic consulting firm. Rice served as the sixty-sixth secretary of state of the United States (2005-2009) and as President George W. Bush's national security adviser (2001 to 2005). Natarajan Chandrasekaran is Chairman of the Board at Tata Sons, the holding company and promoter of all Tata Group companies. Chandra joined the Board of Tata Sons in October 2016 and was appointed Chairman in January 2017. He also chairs the Boards of several group operating companies, including Tata Steel, Tata Motors, Tata Power, Air India, Tata Chemicals, Tata Consumer Products, Indian Hotel Company and Tata Consultancy Services (TCS) – of which he was Chief Executive from 2009-17.
Tuesday, May 17, 2022 Hauck Auditorium | Hoover Institution, Stanford University The Hoover Institution hosts India's Opportunities in the 2020s on Tuesday, May 17, 2022 from 6:00PM – 7:00PM PT in Hauck Auditorium at the David & Joan Traitel Building at the Hoover Institution. You are cordially invited to a special event marking the launch of the Hoover Institution's new program on Strengthening US-India Relations India's Opportunities in the 2020s A Dialogue between Condoleezza Rice Tad and Dianne Taube Director, Hoover Institution, and N. Chandrasekaran Chairman, Tata Sons, with questions to follow. SPEAKERS Condoleezza Rice is the Tad and Dianne Taube Director of the Hoover Institution and the Thomas and Barbara Stephenson Senior Fellow on Public Policy. In addition, she is a founding partner of Rice, Hadley, Gates & Manuel LLC, an international strategic consulting firm. Rice served as the sixty-sixth secretary of state of the United States (2005-2009) and as President George W. Bush's national security adviser (2001 to 2005). Natarajan Chandrasekaran is Chairman of the Board at Tata Sons, the holding company and promoter of all Tata Group companies. Chandra joined the Board of Tata Sons in October 2016 and was appointed Chairman in January 2017. He also chairs the Boards of several group operating companies, including Tata Steel, Tata Motors, Tata Power, Air India, Tata Chemicals, Tata Consumer Products, Indian Hotel Company and Tata Consultancy Services (TCS) – of which he was Chief Executive from 2009-17.
India's power consumption spiked to an all-time high of 132.98 billion units in April amid the rise in mercury level in the country. According to India's power ministry, the country's electricity demand is expected to rise to 220 gigawatts in the next two months as meteorological department forecasts above normal maximum temperatures in west-central, north-west, north and north-eastern regions. It's not surprising then, that power-related stocks have been the favourable destinations with investors this year. The stock prices of power sector companies, including power generation and power distribution, have done materially better than benchmark indices. Shares of companies like Adani Power, Tata Power, Power Grid, NTPC have surged from 2 to 175%, so far, this year. In comparison, the S&P BSE Power index has gained over 35%, while the benchmark S&P BSE Sensex index declined over 7% during the same period. However, despite the rally, analysts remain bullish on related stocks and expect power utilities to benefit from the spread between rising power demand and acute energy crisis. Speaking to Business Standard, AK Prabhakar, Head of Research, IDBI Capital, said NTPC will be the biggest beneficiary of coal-shortage crisis. He is positive on NTPC, Tata Power and Torrent Power. While power demand is likely to remain elevated till June, Coal India will be a beneficiary from peak power demand, he said. However, higher employee costs a worry for Coal India's margin. That said, some industrial units in states like Uttar Pradesh, Haryana, Delhi, Punjab, Rajasthan, Tamil Nadu, are reportedly considering production cuts amid power outages. Moreover, the dwindling inventory of coal, which contributes nearly 80 per cent of India's power generation, has also failed to keep pace with the elevated energy demand. Though stated-owned Coal India has ramped up supplies to power plants by 6.7 metric tons from a year ago, analysts remain uncertain whether the increased output would cater to both international as well as domestic demand. Analysts assume Coal India to benefit from higher volume growth due to accelerated dispatches of coal to power plants at domestic front. According to Abhijeet Bora, Senior Analyst, Sharekhan by BNP Paribas says Coal India a beneficiary from higher volume growth YoY. Fixed costs dent outlook, while earnings outlook for power-generation companies remains intact, he says adding that he is bullish on NTPC, Power Grid and Tata Power. Meanwhile, high prices of imported coal due to geopolitical uncertainties are expected to send power tariffs through the roof. In March, merchant power prices surged to 8.2 rupees per unit as against an average of 4 rupees per unit. According to a report by CRISIL Ratings merchant tariffs could remain over 6 rupees per unit this quarter – the highest in the past five fiscals. Overall, with production reviving to pre-pandemic levels, the need for clean power supply also gives immense scope of growth for the power sector. Therefore, analysts expect the momentum in power stocks has more steam left. Lastly, investors saw markets shut on a choppy note, as frontline indices Nifty 50 and Sensex closed 0.67% lower each. However, primary markets were abuzz as the mega LIC IPO was subscribed over 2.91 times on the final day. As regards today, investors will watch out for earnings report card of Asian Paints, Cipla, Vodafone Idea and Gujarat Gas.
The Desi VC: Indian Venture Capital | Angel Investors | Startups | VC
Anjali Bansal is the Founder of Avaana Capital which invests in and provides scaling up support to innovation-led startups for catalyzing impact at scale while delivering commercial returns.Anjali has invested in and mentored various successful start-ups including Delhivery, UrbanClap, Darwinbox, Nykaa, and Lenskart. She is closely associated with NITI Aayog's Women Entrepreneurship Platform, digital solutions, and mentor to the Atal Innovation Mission.Anjali is former Non-Executive Chairperson of Dena Bank, appointed by the Government of India to steer the resolution of the stressed Bank, eventually leading to merger with Bank of Baroda. She was earlier a global Partner and Managing Director with TPG Growth PE responsible for India, SE Asia, Africa and the Middle East. She started her career as a strategy consultant with McKinsey and Co. in New York.She serves as an independent non-executive director on several leading boards including Tata Power, Bata, Kotak AMC, and Piramal Enterprises. She has previously chaired the India board of Women's World Banking, a leading global livelihood-promoting institution and on the Managing Committee of the Indian Venture Capital Association.She has been elected as President designate, Bombay Chamber of Commerce and Industry, and serves on the CII National Committee on Corporate Governance. Anjali previously co-founded and chaired the FICCI Center for Corporate Governance program for Women on Corporate Boards. She is a member of the Young Presidents' Organization and charter member of TiE.In this episode, we will cover:1. Looking back at India's most recent boom cycle i.e. 2020-present (2:50)2. Skeptical about this period or a believer of the potential? (7:50)3. Evolution of Anjali's career (11:55)4. The role of empathy and insecurity in professional life (16:56)5. What is Anjali's purpose behind investing (23:21)6. Why venture and how do you measure the impact of your own in venture beyond capital returns (28:57)7. The India opportunity (37:54)8. How does Avaana think about the evolving venture landscape and where to place their bets (42:25)9. Anjali's journey as an LP (47:01)10. Advice for fund managers (53:18)11. Advice for founders (56:18)
The Nifty fell for the 3rd straight session facing strong selling pressure at higher levels and ended the session lower by about 1 percent on Thursday. On January 20, the Nifty bounced off the 17,640 support cluster of 100-day SMA (17,633) and the December 13 breakout level (17,640) and also managed to defend the 20-day SMA (17,745) on closing basis. On the open interest front, maximum open interest (for January monthly expiry) on Calls has been shifted lower to 18,000 strike as it would act as a major hurdle going ahead. On the downside, the index has major support in the 17,550-17,650 zone. The index has been witnessing massive selloff since January 18, dragging the index below the 18,000 mark. The Nifty is placed very close to the support zone and is also oversold on the shorter time frame. Thus, in the sessions to come, we might see the index consolidate between the 18,000 and 17,550.
As the EV space picks up pace in India, so is the fuel behind it all: charging. And big players like Tata Power and Jio-BP are pushing their weight to establish themselves in the budding infrastructure. Add to it all, an all-electric cab fleet operator BluSmart is scaling and paving the way for broader charging infrastructure. But with both charging biggies making big moves, who really has the upper hand in the foreseeable future? Stories originally reported by Seetharaman G: ‘Low margins, high stakes: The Tata Power foundation to Tata Group's electric empire' Olina Banerji, Sruti Sonal: ‘EV rivals Tata, Jio-BP supercharge BluSmart's India expansion plans' Hosts: Anushka Chhikara, Olina Banerji. Produced by Nithin Shamsudhin, editing by Rajiv CN, music by Sameer Rahat of Baqsa Studios. Write to us on podcast@the-ken.com
With so many Indian startups achieving unicorn status in 2021, the situation begs an answer to the question: # Is this growth sustainable or are we in a bubble?# What does this mean for foreign and Indian investors? #What does this mean for the next decade of VC and Startups? To understand this better, in today's episode, we've brought Anjali Bansal, founder of Avaana Capital, that invests in innovation-led start-ups creating sustainability and impact at scale while delivering outsized returns. Previously, Anjali has been Global Partner and MD with TPG Growth PE and a strategy consultant with McKinsey and Co. in New York. She's also the former non-executive Chairperson of Dena Bank, where she successfully led the resolution of the stressed bank.She has invested in and regularly mentors various successful start-ups including Delhivery, Nykaa, Alpha Vector, Lenskart, Urban Company, Darwinbox, Coverfox and FarMart.She is closely associated with NITI Aayog's Women Entrepreneurship Platform and Digital Solutions and is on the Expert Advisory Committee for the Start Up India Seed Fund Scheme. She has been appointed as President, Bombay Chamber of Commerce and Industry, and serves as an independent director on several leading boards including Tata Power, Kotak AMC, and Piramal Enterprises.During the episode, Anjali talks about the volatility in the Indian startup ecosystem, the opportunities for entrepreneurs and investors; she also shares learnings from her portfolio and much more.Notes - 00:40 - Intro and background02:55 - Working at ISRO and early career04:59 - Ideology behind Avaana Capital08:22 - Is the Indian startup ecosystem in a bubble?17:21 - Common patterns and learnings from the winners20:50 - Mistake: Investing in the idea and not the team22:44 - Ability to move quickly as a fund34:49 - Learnings from early-career at Mckinsey36:29 - Potential in Indian startups41:01 - What all she prefers to read on a daily basis
GM told Bolt owners to park 50ft away from other cars in case of fire yet a Bolt EV was spotted at a CFL stadium full of thousands of people. What James Learned Tesla megapacks aren't full shipping container size Bigger, slower wind turbines still kill birds but far fewer The advantages to electric construction equipment Speed bumps in India are so high Tesla won't sell the Model 3 there, only the Y due to ground clearance Letter: Listener hears Toyota side of the EV story, coal in China, Canadian EV mandates aren't mandates just yet. Insurance calculator + FSD button FSD 10.1 is out, still appears to be 2 stacks Ground clearance an issue in Indiahttps://www.teslarati.com/tesla-model-3-ground-clearance-india-launch/ Tesla's non-disclosure agreement with Full Self-Driving beta testers, we learn that the automaker tells them to be “selective” with what they share publicly and warns them that “a lot of people want Tesla to fail.” Cleantechnica offers advices on how Toyota can avoid bandruptcy. The March Forward Norway bans gas car sales in 2025, but trends point toward 100% EV sales as early as April Polestar was advertising on canadian cable news Renwables met 97% of Scotland's electricity demand in 2020 In July electric vehicle sales in the US made up more than 20% of all passenger vehicle sales (and nearly 5% of all light duty vehicles sales). Tata Power won a 250 megawatt tender for a solar farm in India. The price: 3.3 cents per kilowatt hour. JUST 3 years ago a major study predicted this price wouldn't be reached in India until 2030. Brian, just to be clear, the current year is 2021. And THAT is the theme of our podcast, isn't it? The total global battery capacity deployment onto roads in all newly sold passenger xEVs combined amounted to 108 GWh (up 157% year-over-year). First half of 2021
Today on the Clean Power Hour Episode 50! Celebrating a year of CPH with John Weaver: Rooftop solar being blocked by powerful lobby groups including EEI (Edison Electric Institute); Update on the new solar iROSA at ISS; #Tesla signs deal with new home builder to outfit whole community with Solar Roof, Powerwall, and EV chargers; Sin City is going solar, thanks to MGM Resorts International ($MGM), who just launched a new 100-megawatt (MW) solar array; Tata power energizes country's largest carport (6.2 MW); Jinko working on 30% efficient hybrid solar cell; Resi flow battery manufacturer coming to America and much more clean energy transition news. **Please subscribe to the channel**Likes, shares and comments are awesome - do it! **Hit that bell for the energy transitionLet's grow solar! -Tim Montague, host & creator, @TGMontague on TwitterThe electric utility anti-rooftop solar playbook: Blocking Rooftop Solar, includes seven case studies from around the nation exposing the specific actions taken, which sometimes were illegal, and quite often were manipulative.https://pv-magazine-usa.com/2021/06/28/the-electric-utility-anti-rooftop-solar-playbook/Tesla signs deal with new home builder to outfit whole community with solar, Powerwall, and chargershttps://electrek.co/2021/06/22/tesla-signs-deal-new-home-builder-to-outfit-whole-community-solar-powerwall-chargers/ Sin City is going solar, thanks to MGM Resorts introduces 100-megawatt solar array to power 13 hotels on Las Vegas Striphttps://electrek.co/2021/06/29/mgm-resorts-introduces-100-megawatt-solar-array-to-power-13-hotels-on-las-vegas-strip/ Tata power energizes country's largest carport, 6. 2 mw 30k square meters, 7.4 acres; Notably This carport in an addition to the list of Tata Power's previous large solar solutions including the world's largest rooftop (16MW) at a single location at Radhasoami Satsanghttps://timesofindia.indiatimes.com/business/india-business/tata-motors-tata-power-inaugurate-indias-largest-solar-carport-in-pune/articleshow/83631797.cmshttps://www.tatapowersolar.com/project/16-mw-rooftop-solar-power-system-rssb-ees-beas/1366 Technologies (kerfless solar cell manufacturer) expanding into India, merges with perovskite companyhttps://www.pv-magazine-india.com/2021/06/24/1366-technologies-to-open-2-gw-wafer-factory-in-india/Video of ISS solar installation:Unpacking the iROSA: https://www.youtube.com/watch?v=HV55gceKAxs (iROSA repowers the ISS and is a test best for Artemis Gateway the NASA space station that is going to orbit the moon to support the moonbase); 6 wings, https://twitter.com/Thom_astro/status/1408064975428415500 (this is good but vid is too low quality)Power grid failure in California that WASN'T - CAISO california battery reponsehttps://rmi.org/the-california-blackout-that-wasnt/Small solar being deployed in war zones to keep life goinghttps://www.linkedin.com/feed/update/urn:li:activity:6813319930818252800/Just a cool number - “70% of US commercial buildings with at least 10,000 square feet of roof space do not have solar installations which adds up to over 600,000 sites and 145 GW of total capacity”https://www.spglobal.com/platts/en/market-insights/latest-news/electric-power/062421-significant-growth-potential-in-us-commercial-solar-market-despite-challenges-speakersJinkoSolar rCorporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/ Twice a week we highlight the tools, technologies and innovators that are making the clean energy transition a reality - on Apple,
The ZENERGY Podcast: Climate Leadership, Finance and Technology
One quick note - we had some wifi connectivity issues for the first ten minutes or so - please bear with us, as the insights shared by Mr. Khanna are too good to miss. I highly recommend you listen to this audio with headphones - and then everything should smoothen out after the ten minute mark or so. Thank you and hope you enjoy! Ashish Khanna is the President of Tata Power - Renewables, which is now India's largest integrated power company, that has helped transform the Indian electricity landscape. In this conversation, Mr. Khanna expresses his insight into the hurdles that the solar energy sector has yet to overcome to hit its potential, as well as the potential areas for US-India partnership in the sustainable energy sector. Mr. Khanna also provides advice to the younger generation on entrepreneurial opportunities in this space, and I hope you enjoy this conversation with Mr. Ashish Khanna! Topics covered on this podcast: [2:16] Future of Solar Energy: facts on Indian electricity statistics over the coming decades and why solar is well-positioned to tap into this, plus the obstacles that the industry must overcome [12:50] Where are the entrepreneurial opportunities for new companies in the renewable sector in India [19:58] What insight would Mr. Khanna give to the younger generation? [21:56] Could there be a potential US-India partnership in the renewable energy sector?