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JP Power shares surge 28% in 2 days, Adani Power hits fresh 52-week high amid optimism around stake acquisitionThe balance of global power is shifting fast, but Britain is stuck in the same old Brexit rut | Rafael BehrTaking power in Mali might be a stretch but insurgents can force hand of weakened regime

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JP Power shares surge 28% in 2 days, Adani Power hits fresh 52-week high amid optimism around stake acquisition
Business
Economic Times•May 29

JP Power shares surge 28% in 2 days, Adani Power hits fresh 52-week high amid optimism around stake acquisition

Shares of Jaiprakash Power Ventures (JP Power) jumped another 7% on Friday, extending gains to a whopping 28% over just two sessions, while Adani Power shares hit a fresh 52-week high amid optimism over the latter's stake acquisition in the former. Last week, Adani Power said it has signed definitive agreements with Jaiprakash Associates (JAL) to acquire a 24% stake in Jaiprakash Power Ventures Limited (JPVL) along with the 180 MW Churk thermal power plant in Uttar Pradesh under the NCLT-approved resolution plan for JAL.

The balance of global power is shifting fast, but Britain is stuck in the same old Brexit rut | Rafael Behr
Opinion
Opinion | The Guardian•May 20

The balance of global power is shifting fast, but Britain is stuck in the same old Brexit rut | Rafael Behr

While the Labour party was in meltdown last week, Donald Trump was visiting China. By the time Wes Streeting had sent his resignation letter to Keir Starmer, the US president had completed a two-hour.

Taking power in Mali might be a stretch but insurgents can force hand of weakened regime
World•World news | The Guardian•Apr 28

Taking power in Mali might be a stretch but insurgents can force hand of weakened regime

When al-Qaida-affiliated Islamic militants launched a series of attacks on military bases and raids into major towns in Mali and neighbouring Burkina Faso last summer, observers suggested they had been inspired by their counterparts in Syria, who had overthrown the regime of Bashar al-Assad and taken power six months or so earlier. The joint offensive launched last weekend by JNIM and its allies in Mali’s Tuareg minority community was carefully planned and coordinated. One was Mali’s defence minister, Sadio Camara, killed in a suicide attack on his residence in the garrison town of Kati.

4 min
The hidden power keeping wages low
Business•NPR Topics: Business•Apr 21

The hidden power keeping wages low

For decades, economists gave short shrift to the idea of monopsony — a power employers can have to suppress wages. Now a wave of research suggests it's everywhere, and a new book argues it's key to understanding today's inequality.

14 min
Adani Power shares zoom nearly 40% in just 13 sessions. Should you book profits now?
Business•Economic Times•Apr 21

Adani Power shares zoom nearly 40% in just 13 sessions. Should you book profits now?

Shares of Adani Power have been on a strong run this month, surging as much as 37% over 13 sessions. After a healthy consolidation phase, the stock has witnessed a decisive breakout with expanding volumes, signalling fresh participation. Over the weekend, the company announced that its wholly-owned subsidiary Adani Atomic Energy has incorporated its subsidiary Coastal-Maha Atomic Energy, furthering its nuclear ambitions.

3 min
Don’t knock small talk. It has the power to mend a world ripped apart by rage | Bidisha
Opinion•Opinion | The Guardian•Apr 19

Don’t knock small talk. It has the power to mend a world ripped apart by rage | Bidisha

Great conversation is a supreme design to me, an exquisite dance of mutual pleasure practised by true proficients who make it seem effortless. That’s all the chat around the edges, the bits of make-do and banter. Through small talk, we patch and mend a world, word by word, that hasn’t been completely ripped apart by rage, paranoid mistrust, fear and loathing or numb resignation.

4 min
3 growth juggernauts can power 24% surge in Solar Industries shares, says Elara after initiating with Buy
Business•Economic Times•Mar 25

3 growth juggernauts can power 24% surge in Solar Industries shares, says Elara after initiating with Buy

4% to their day’s high of Rs 13,251 on the BSE on Wednesday after domestic brokerage firm Elara Capital initiated coverage with a Buy call, citing that the company is ‘unleashing growth juggernauts’. 2 lakh crore in FY27, along with rising global conflicts and higher defence spending worldwide. “We expect defence revenue to grow at a CAGR of 66% over FY25-28E, with its share in overall revenue rising to 42% by FY28E,” it said in a note.

4 min
In power tariff cut, an old Punjab story: Election years mean bonanza for consumers
India•The Indian Express•Mar 7

In power tariff cut, an old Punjab story: Election years mean bonanza for consumers

Election years mean a bonanza for Punjab’s power consumers. The tariff, however, is hiked in the first year of the government, past data shows. 91 crore, political experts say the decision has elections written all over it.

4 min

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Technology

At NIH, a power struggle over institute directorships deepens

Ars Technica•Feb 1