CG Power shares in focus as semiconductor chips production set to start this month: Report
Investors are closely tracking CG Power's stock, anticipating positive momentum as the company scales its production capabilities, potentially driving long-term growth.
CG Power shares opened at ₹660.40 today and saw a low of ₹659.20 and a high of ₹674.80 during trading. The stock closed previously at ₹658.55. Over the past 52 weeks, CG Power has traded between a low of ₹517.70 and a high of ₹874.70. As of 12:17 PM, the shares were trading 1.97% higher at Rs 671.50.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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Forbes
an hour ago
- Forbes
The Luxury Resort Aman Rosa Alpina Opens In The Dolomites
Aman Rosa Alpina Aman Rosa Alpina A historic mountain retreat, Aman Rosa Alpina sits in the village of San Cassiano among Italy's UNESCO-protected Dolomites, honoring a legacy that spans almost a century while reimagining it for the discerning Aman guest, the hotel is a tribute to luxury Alpine hospitality. Aman Rosa Alpina Aman Rosa Alpina The hotel's design, led by longtime Aman collaborator renowned architect Jean-Michel Gathy of Denniston, was created to promote peach and connection to nature, embracing the Dolomites – in both views and the sense of serenity. As such, there are spacious balconies and floor-to-ceiling windows that offers views of the landscape, and respond to the light of the mountains, while façades clad in timber and accented with dark metal give a contemporary feel. Inside, layers of stone, textured plaster and Italian artisanal detailing bring warmth and tranquility. Each of the hotel's 51 Rooms, Suites and Signature Suites, draws influence from the surrounding landscape, with the summit being the Aman Suite, the largest in the hotel, with two king-bedrooms, ensuite bathrooms with steam showers (one with a soaking tub), a dining area for six and a large south-facing terrace. On the opening, Vlad Doronin, Chairman and CEO of Aman Group, says, 'The opening of Aman Rosa Alpina is the realisation of a vision that has been years in the making.' He continues, 'I first experienced the magic of this property as a guest many years ago and developed a lasting friendship with the Pizzinini family. What started as admiration evolved into a shared ambition – to honour the legacy but also elevate this timeless mountain retreat. With its exceptional location in the heart of the Dolomites, we saw the opportunity to create a sanctuary that reflects both the heritage of the region and the essence of Aman. Rooted in our brand's commitment to timeless design, intuitive service and transformative experiences, Aman Rosa Alpina now begins its next chapter - welcoming guests into a place of peace, privacy and enduring beauty.' Aman Rosa Alpina Mountainscape Aman Rosa Alpina A longstanding symbol Alpine hospitality, the historic hotel, formerly known as Rosa Alpina has been in the Pizzinini family since 1939, with Hugo and Ursula Pizzinini remain at the helm, they say of the new iteration, 'The evolution of hotel into Aman Rosa Alpina marks a meaningful and carefully considered new chapter. As custodians of this beloved mountain retreat, it is a privilege to see it evolve under Aman – a brand that shares our deep reverence for place and commitment to excellence. This partnership allows us to celebrate our family's legacy and three generations of hospitality, while embracing a future shaped by Aman's uncompromising attention to detail and global perspective. Our mission remains the same: to preserve the authenticity and spirit of the region and for guests, past and future, to experience the timeless beauty of the Dolomites.' Aman Rosa Alpina Mountainscape Aman Rosa Alpina Complete with gastronomy led by Executive Chef Gianluca Salvato, the cuisine ranges from traditional Alpine indulgences to Italian specialities, complemented by an extensive wine selection. The Grill offers hearty fare, while Il Salotto serves an all-day menu and transforms into a piano bar at night, and for breakfast there's the Heritage Room. This offering sits alongside the intimate Divino Room, a connoisseur's library designed for exclusive wine experiences and private dinners, and next door is the wood-panelled Cigar Lounge which overlooks the forest courtesy of its floor-to-ceiling windows. Also, an upcoming opening this winter is Akari that'll serve authentic Japanese Shabu Shabu dining. Of course, an Aman wouldn't be an Aman without a dedicated wellness space, and this one covers 1,684 sqm across two levels. It dons seven treatment suites, a spectacular 20m heated outdoor infinity pool plus indoor and family pools, as well as hydrotherapy facilities including a Finnish sauna, steam bath and jacuzzi, outlined by a mountainscape. Hugo Pizzinini, Co-Owner and Managing Director at Aman Rosa Alpina tells us more about this storied property. Felicity Carter: How does Aman Rosa Alpina fit into the brand philosophy while sitting in the Dolomites? Hugo Pizzinini: Aman's ethos has long been about creating sanctuaries that exist in harmony with their surroundings, becoming an extension of the environments, they call home. In following this approach, Aman Rosa Alpina helps guests connect deeply with the Dolomites, experiencing the destination at its most authentic. The hotel has achieved all these things by honouring the region's heritage in many ways – from spa treatments that make use of local herbs to its dining scene which draws on alpine tradition. Of course, Aman sanctuaries are also renowned for their space, peace and privacy, and this is something the Dolomites has naturally in abundance. Our property furthers this experience, harnessing the serenity of the surrounding mountains with muted interiors, in service that is both genuine yet discreet, and through experiences that showcase the very best of the region from a local perspective. Aman Rosa Alpina Mountainscape Aman Rosa Alpina FC: What are your favourite details about the property? HP: One of my favourite details is the tactility of the property's interior, designed to draw the outdoors in through use of natural materials. In doing so, there are an abundance of beautifully textured surfaces, with soft local woods and large slabs of stone creating a real warmth throughout. When you look closer you can almost peel back these layers, as if a mirror image of the mountains that surround. More practically, our Mountain Cabins are another favourite feature that many don't know about it. Belonging to the Pizzinini family, guests can opt to spend the afternoon hiking and then enjoy private dining in their chosen cabin, with a dedicated chef on hand to create a true alpine feast in complete mountain solitude. For me, this is a rare, must-do experience combining both culinary discovery and an adventure in the great outdoors. Aman Rosa Alpina Aman Rosa Alpina FC: Are there signature experiences here you can't find at any other Aman? HP: More or less all of our experiences are uniquely curated for our location. Only here are guests able to access the Dolomiti Superski region with our bespoke Ski Butler service and enjoy access to our dedicated Ski Lounge, making for the most effortless of winter sports experiences. Only here are they able ascend our via ferrata routes with local mountain guides whose families have called the Dolomites home for centuries. From heli-skiing across remote peaks to private dining in a traditional alpine hut, all of our guest experiences are exclusive to Aman Rosa Alpina guests. Aman Rosa Alpina Aman Rosa Alpina FC: Tell us about the culinary offering, and any local ingredients or dishes guests should try? HP: The resort's dining scene is really a combination of Aman's global sensibility and the soul of our alpine setting. Guided by Executive Chef Gianluca Salvato (who trained under legendary chef, Norbert Niederkofler), guests begin their day in the Heritage Room with home-baked pastries and, one of my favourite dishes to set you up for a day in the Italian Alps, scrambled eggs with caviar. Throughout the day, they can then choose from a host of venues to suit their mood. Aman Rosa Alpina Aman Rosa Alpina The Grill is the perfect place to gather with family to enjoy recipes passed down through generations. As an Italian, the Guazzetto all'Italiana (Italian Seafood Stew) is close to my heart. In contrast, Il Salotto provides a laidback, day-to-night dining space for light fare, coffee and cocktails. For me, there is no better place to end the day than here, listening to live music from the piano and sharing a selection of locally sourced cheeses, charcuterie and our chef's own, seasonal jams. Aman Rosa Alpina Aman Rosa Alpina FC: How do you collaborate with the local community and tap into the culture? HP: Our connection to San Cassiano village and the Alta Badia region is at the heart of everything we do. From working closely with local farmers and artisans to source ingredients and materials, and collaborating with mountain guides, ski instructors and wellness practitioners with generations of experience in the region. These partnerships help bring authenticity to the guest experience and ensure that every day brings with it a new story. Aman Rosa Alpina Aman Rosa Alpina FC: Has the property have anything planned for the rest of the year? In winter 2025, we look forward to welcoming Akari, a Shabu Shabu concept, to our dining scene. We're really excited for it to open and bring a Japanese-inspired contrast to traditional alpine indulgences. Aman Rosa Alpina Aman Rosa Alpina Address: Aman Rosa Alpina, Strada Micurà de Rü, 20, 39036 San Cassiano BZ, Italy How To Get There Venice Marco Polo Airport (VCE) – the airport is about 2.5 hours' drive from the hotel, has offers the widest range of international flights. British Airways flies from London Heathrow to Venice from £54 each way including taxes and carrier fees. Innsbruck Airport (INN) – around 2 hours' drive, and is best situated for northern Dolomites. British Airways flies from London Gatwick to Innsbruck from £66 each way including taxes and carrier fees. For private arrivals, helicopter transfers are also available from Bolzano, Innsbruck, Venice, and Milan. Other activities: A year-round destination, in the warmer months allows for hiking, bike forest trails, tackle via ferrata routes, and golfing at Alta Badia. In winter San Cassiano opens onto Dolomiti Superski's 1,200km of slopes and 450 lifts; guests can use the Ski Butler for gear and transfers, warm up in the Ski Lounge, or try ice climbing, snowshoeing, and skating. What to wear: Go full look with Fusalp, the ski and fashion tech clothing brand for men and women, founded in 1952 in Annecy it has kitted the pros. Or, keep it Italian with Colmar, the heritage label founded in Monza in 1923, which has also supplied elite athletes.
Yahoo
3 hours ago
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South32's Mozal Aluminium faces care and maintenance
South32 has announced plans to place its Mozal Aluminium operation on care and maintenance from March 2026 due to uncertainties around 'sufficient' and 'affordable' power supply. The current power agreement is set to expire in March 2026 and ongoing negotiations have not yet yielded a viable solution for the facility's energy needs. Despite continuous discussions with the Government of the Republic of Mozambique, Hidroeléctrica de Cahora Bassa (HCB) and Eskom, South32 has not been able to secure confidence in electricity provision for Mozal Aluminium beyond the expiration of the current agreement. Consequently, the company has decided to curtail investment in Mozal, ceasing pot relining and standing down associated contractors from this month. The lack of a reliable power supply is expected to significantly impact Mozal's production, with an anticipated output of approximately 240,000 tonnes for the fiscal year 2026. This figure reflects the reduced number of operational pots due to the cessation of pot relining and operations only continuing until March 2026. South32 has completed a carrying value assessment of Mozal, considering the increased uncertainty regarding future electricity supply. This will lead to an impairment charge of $372m (£273.85m) for Mozal in the fiscal year 2025 (FY25) financial results, which includes $339m of property, plant and equipment, $7m of intangible assets, and $26m of raw materials and consumables. This impairment, which brings Mozal's carrying value down to $68m, will be excluded from FY25 underlying earnings, following South32's accounting policies. The company has previously expressed concerns over the future of the Mozal aluminium smelter due to potential power supply issues and the inability to secure affordable power prices beyond March 2026. Mozal Aluminium, situated just 20km west of Maputo, Mozambique's capital city, represents a significant investment in the region. The smelter, backed by a $2bn investment, was a pivotal project in Mozambique's economic recovery following a period of unrest. South32 has a 63.7% stake in Mozal Aluminium, with the Industrial Development Corporation of South Africa and the Government of the Republic of Mozambique holding 32.4% and 3.9%, respectively. Negotiations with HCB to renew a power tariff have been ongoing since 2019. Under the current agreement, South African utility Eskom is designated to supply power to Mozal when HCB cannot meet the smelter's electricity requirements. "South32's Mozal Aluminium faces care and maintenance" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
3 hours ago
- Yahoo
India plans to end state monopoly on uranium mining
The Indian Government is preparing to end a long-standing state monopoly over its nuclear sector by allowing private companies to mine, import and process uranium, reported Reuters, citing government sources. This strategic move is aimed at supporting the country's ambitious plan to increase nuclear power production capacity twelvefold by 2047, which would account for 5% of India's total power needs. Until now, the state has exclusively controlled uranium mining, imports and processing due to concerns over nuclear material misuse, radiation safety and strategic security. However, the government will maintain control over the reprocessing of spent uranium fuel and managing plutonium waste, aligning with global practices. To address the anticipated surge in nuclear fuel demand, the government is developing a regulatory framework to permit private Indian companies to engage in the uranium sector. The policy is expected to be made public within the current fiscal year and will also allow private entities to supply critical control system equipment for nuclear power plants. India's estimated uranium reserves of 76,000 tonnes (t) could fuel 10,000 megawatts (MW) of nuclear power for 30 years, according to government data. However, domestic resources are projected to meet only around 25% of the increased demand, necessitating imports and an expansion of processing capabilities. While announcing the budget earlier this year, the government revealed its plans to open the sector, without providing detailed information. This reportedly prompted major Indian conglomerates to start formulating investment plans. To facilitate private participation, New Delhi is required need to amend five laws, including those governing mining, electricity sectors and foreign direct investment policies. Last month, India unveiled a strategic plan to incentivise foreign companies to establish smelters and refineries, aiming to boost copper production and reduce import dependency by 2047. This includes incentives for state-owned Indian companies to invest in the mining operations of foreign entities. "India plans to end state monopoly on uranium mining" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
