It is likely that Jio Cinema and Disney+ Hotstar  will  merge  into  a single entity,  bringing  a new and improved OTT experience unlike any other in India. 

  In a major move that  could  change entertainment and OTT viewing in India, Mukesh Ambani’s Reliance has signed a non-binding agreement with Walt Disney Co,  bringing  the companies  closer to  a  mega-merger between RIL and Disney Star.  

 Jio Cinema and Disney+ Hotstar are also  part of  the deal,  which is  likely to be merged  into  a single  entity. Jio Cinema and Hotstar are direct rivals, but their potential merger could be a  game changer  in India’s OTT industry.  

 The Reliance-Disney merger is expected to be  completed by  February 2024, with Ambani’s  company expected  to have more control over the  combined  entity.  According to the initial details  of  the deal, the share split  between Reliance and Disney will be  51-49.  

  Once  the deal  is completed,  it will become the  largest  entertainment merger  in  India. Under the  terms of  the  deal, both  companies will  gain $1.50 for  the merger, while Reliance will  hold  more  shares  in the  company.  

 Jio Cinema and Disney+ Hotstar  are  two major  companies  when it comes to bidding for IPL  rights  and international cricket  tournaments.  With  a  potential merger  looming,  this bidding war could  be over for good. Once  Reliance  takes  control  of  Star India channels,  Star could retain  cricket rights  for  television,  while  OTT rights  could  be given to the merged Jio-Disney platform.  

 The merger between Jio Cinema and Disney+ Hotstar will create  India’s largest  OTT  platform,  with  streaming  rights to cricket and football  as well as HBO and WB content.  This  will also  help  Hotstar  escape  the losses it has  suffered in  the  past  year. 

  Meanwhile,  news of  the  Reliance-Disney  merger  has  caused  a  wave  of users  leaving  Hotstar, which has been struggling for the past few years after losing  its  IPL rights and HBO deal. 

  The Reliance-Disney deal will not  only  bring  change to the OTT  sector  but also  to TV  viewing. The companies are currently  finalizing  the final details of the merger. 

  For more  information,  visit at https://happenrecently.com/zepto/?amp=1

 New Delhi: Adani Green Energy Limited (AGEL)  on Wednesday  said  it  has completed a 1,050 megawatt  joint venture (JV) with TotalEnergies. 

 TotalEnergies has invested about  300  million  USD in subsidiary AGEL, acquiring 50% of the shares  in the  joint venture’s  projects. In  the  regulatory filing, Adani Green wrote:  “Following  execution of the joint venture agreement, the  Company  and TotalEnergies  own  a 50:50  interest  in ARE9L. ARE9L  in turn has  a  project portfolio of  1,050  MW.  TotalEnergies has acquired a 50% stake in  ARE9L. ARE9L’s shares  amount  to 300 million USD.  

 The binding agreement for the  joint venture  was announced in September.  The ARE9L  joint  venture has  a 1,050 MW portfolio comprising  300 MW  of  operating capacity, 500 MW of  capacity  under construction  and  250 MW  of assets under development  including  solar and wind  turbines  in India. AGEL said the  joint venture will  help it achieve its  renewable energy capacity  target of 45 GW  by 2030.  

 TotalEnergies is a French multi-energy company  specializing in the production  and  marketing of  energy  commodities,  including oil and biofuels, natural gas and green  gas, renewable energy  and electricity. It operates in 130 countries. 

  On  Tuesday,  AGEL announced  that  it  has  raised ₹9,350 crore by issuing preferential warrants to  promoters. Earlier this  month,  the company  announced a  $1.36 billion  facility  funded by  eight international banks  to build  2,167 MW of  solar  projects in Khavda, Gujarat. 

In the September quarter, the company reported a 149% year-on-year  rise  in consolidated net profit to ₹372 crore. As of  September 30,  its net debt stood at ₹38,190 crore, compared  with  ₹40,455 crore  as of  March  30,  2023, according to an investor presentation released on  October 30.  

 For more  information,  visit at https://happenrecently.com/zepto/?amp=1

 Demand for  agricultural  pumps is largely  resilient:  a  “good”  monsoon  boosts  farm  income  and pump purchases,  supported  by  a good  kharif  harvest,  while a  “poor”  monsoon  demands asked to use a pump  to irrigate rabi  plants.  

  According to  a report by CRISIL  Ratings, agricultural (agricultural) pump manufacturers  will  witness a decent revenue growth of 7-9% in FY25. This will  supported by  steady  domestic demand for conventional pumps and  growing consumption  of solar pumps, largely under the PM Kusum  programme.  This will follow  likely revenue growth of  8 to 10  per cent in the current  financial year.  

 Operating  margins  will  also  remain  stable,  at  12-13%  this  financial year  and  next,  thanks to improved  operating leverage and  stable  prices of key raw  materials.  This,  coupled  with a  stable  working capital cycle and moderate capital expenditure (capex), will support  the  credit risk  profile.  

 CRISIL Ratings  analyzed  five  major agricultural  pump  manufacturers, accounting for  nearly  55%  of the  industry’s  revenue estimated at ~Rs 6,000 crore  in FY24  to  publish  the report. The sector is dominated by conventional pumps (grid-connected  pumps  and diesel  pumps),  which  account for about 90% of the market  share, with the  remainder being  solar  pumps.  

 Demand for  agricultural  pumps is largely  resilient:  a  “good”  monsoon  boosts  farm  income  and pump purchases,  supported  by  a good  kharif  harvest,  while a  “poor”  monsoon  demands asked to use a pump  to irrigate rabi  plants.  This was also  evident  in the current  financial year, where  revenue growth  was largely  volume-driven,  as conventional pump  sales  increased amid irregular  monsoons caused by  El Nino  conditions. 

  “Taking into account  normal monsoons in  FY25, industry  revenue growth  will  be  largely  driven by production.  While conventional pumps may see  steady  growth at  6-8%,  solar pump volumes will grow at a faster  rate  of  about 20% year-on-year,  supported by expected  decline  in pump prices,” said Anuj Sethi, Senior  Director.  CRISIL  Rating. 

  Solar  pumps are expected to become cheaper in  FY25  as manufacturers pass on lower prices of solar modules,  an important raw material, the report added. accounts for about 65-70% of the cost of  a  solar  pump. .  This, combined with  increased  order  intake  under the PM KUSUM  program,  is  expected  to close in March 2026; will  be behind  double-digit volume growth expectations for  the  next  fiscal year.  

 Steady growth in  conventional  pump volumes,  coupled with  the prices  of  key raw materials  – cast  iron, steel and copper  (accounting for about 70 to 75%  of total  costs), the  remaining  product lines  will  remain profitable as  operating  healthy at  12-13%  this  financial year.  and the next  (~12%  in  2023), CRISIL Ratings said. 

 “Conventional pump  manufacturers  are operating at  65-70% capacity  and solar pump  manufacturers  at  around 40%, thereby avoiding  the need for  significant investment.  This,  coupled  with healthy cash  flows  and  a steady  working capital cycle, driven by  one-off  receivables and moderate  inventory levels, should  keep  the  credit  profile  in the  sector stable, ”  said Aditya Jhaver, Director, CRISIL Ratings. 

 Debt metrics will remain  strong,  with interest coverage and  leverage  expected at 18-20 times and  below  0.10  times respectively  this  financial year  and  next,  better than  a year. little compared to  fiscal 2023.  Therefore, precipitation  and weather  patterns are the same as  geopolitical  factors. Risks  affecting key  commodity  prices will  need to be monitored.  

 For more  information,  visit at https://happenrecently.com/zepto/?amp=1

 With the  Premium  Free  option, the insurance company  will pay  the premium on your behalf and  ensure  that  your  investment plan stays on  track  without  increasing the  financial burden on  your  family. 

  Investment and insurance  products are becoming increasingly popular among Indian parents  due to  their dual benefits. They provide life  insurance,  ensure financial protection for  children  in case of unforeseen events, and provide  the opportunity to create  wealth  by investing  in various funds.  

 “Who will pay the  insurance  premium if something happens to me? What will happen to the  plan?  – is  a  question  asked by  many  investors.  One  prominent additional  option that comes to their rescue in a situation like this is  the death premium waiver, which comes into effect in case  of  the  policyholder’s death.  For parents, nothing is more important than securing their  child’s future,  and this  choice  can be a saving  grace  if something  happens  to them.  

 How does WOP work?  Suppose  the policyholder  dies. Often, families may have difficulty meeting  the payments  of  these plans. However, with the  premium free  option, the insurance company  will pay  the premium on your behalf and  ensure  that  your  investment plan stays on  track  without  increasing the  financial burden on  your  family.  

 How WOP secures your investment 

  These  products  include  two  main  elements:  insurance coverage  and  investment  in market-linked funds. Typically, the premium is  divided  between these  items  based on your  needs. The returns  from  stock  market performance of these funds  increase  over time and are  returned  to the nominee when the plan  matures.  If you  die  during the  insurance  period, the insurance  department will provide  financial support to the  candidate.  Unlike standard life insurance policies where  coverage ends  after payment of  the death  benefit,  these plans  continuously increase  the investment component until maturity. With the WOP option, the responsibility for  paying the  premium  is transferred to the  insurance company.  

  The  criteria for  activating  this option  are clear:  it comes into effect  after  the death of the  insured,  ensuring that their dependents do not have to  bear  the  additional  burden of  paying premiums during the period of bereavement .  

 For more  information,  visit at https://happenrecently.com/zepto/?amp=1