Latest news with #Own
The Hindu
02-08-2025
- Business
- The Hindu
Tamil Nadu expected to face evening peak power deficits in November 2025-July 2026
Tamil Nadu is expected to face power deficits of up to 5,000 MW during evening hours from November 2025 to July 2026, as per data shared by the Southern Regional Power Committee (SRPC). However, the State is confident of meeting the demand through various power arrangements. As per the data, in November 2025 the State is expected to see an evening peak demand of 17,300 MW and the availability will be 14,397 MW, resulting in a deficit of 2,903 MW. In December 2025, the evening peak demand is expected to be 17,200 MW and availability will be 14,054 MW. In January 2026, the evening peak requirement has been pegged at 18,500 MW, against an availability of 15,096 MW. For February 2026, the evening peak demand will be 19,250 MW and the expected power deficit will be 3,767 MW. In March 2026, the evening peak power requirement has been assessed at 20,300 MW, with an availability of 15,440 MW, resulting in a 4,860 MW deficit. In April and May 2026, the evening peak demand will be 20,700 MW and 19,800 MW respectively, with an expected deficit of 5,260 MW and 3,360 MW respectively. The SRPC also said the State was expected to see an energy deficit of up to 16% from November 2025 to May 2026 against its overall energy requirement. The State Load Despatch Centre told the SRPC that the power demand would be met through various power arrangements. Recently, the Tamil Nadu Electricity Regulatory Commission (TNERC) allowed the Tamil Nadu Power Distribution Corporation Limited (TNPDCL) to float medium-term tenders for procuring 800 MW round-the-clock power for a period of five years from February 2, 2026 from power plants all over India under the Finance, Own, and Operate (FOO) guidelines. The TNPDCL is presently meeting the demand from the installed capacity of conventional sources of 15,043 MW (thermal 4,320 MW + gas 408 MW + independent power producers 775 MW + central generating stations share 6,558 MW + long-term open access 2,830 MW + medium-term open access 152 MW). Taking into account a plant load factor of 85%, the net availability will be 12,786 MW, the TNERC said in its order. The median shortfall/demand deficit for FY 2026-27 and FY 2029-30 are 4,858 MW and 6,997 MW respectively, taking into account expiry of contracts and upcoming projects. Tamil Nadu's all-time high peak demand of 20,830 MW was reached on May 2, 2024. The demand was lower in the summer of 2025.
Hindustan Times
16-07-2025
- Automotive
- Hindustan Times
Range Rover Electric to skip frunk despite many EV makers marketing it as a key USP
Range Rover Electric is slated to make its global debut later in 2025. Check Offers Why put a storage compartment at a place that requires the user to lean against the dirtiest part to put stuff in? Exactly, this is the philosophy that is driving the luxury British car marque Land Rover to skip something that many carmakers market as one of the USPs in their electric vehicles. The Tata Motors-owned luxury auto OEM is working on the fully electric Range Rover, which will not have a front trunk, popularly dubbed as frunk. Unlike many automakers that offer a front trunk in their electric vehicles in place of an engine in a conventional fossil fuel car, the Range Rover EV will not feature one. In an interaction with the Australian automotive magazine CarExpert, the Range Rover Electric's chief engineer, Lynfel Owen, explained why the first Range Rover EV won't have a supplementary front cargo area. Also Read : Upcoming cars in India The automaker reportedly surveyed customers on this matter, and the consensus was that the rear luggage space was sufficient. Owen confirmed that the rear cargo space will match that of the ICE-powered SUV, with no need to raise the floor to accommodate the 117-kWh battery pack. However, consumer feedback was not the only reason behind Land Rover's decision to skip the front trunk. 'Why would I want to lean against the dirtiest part of the car to put stuff?" said Own. Removal of the front trunk for the upcoming Range Rover Electric comes as a shift in the design philosophy of the automaker. Jaguar Land Rover took a different approach with the I-Pace, which offered a small 27-litre capacity front trunk in that EV, which was discontinued late last year. The I-Pace struggled with reliability and frequently ranked near the bottom of customer satisfaction surveys. The upcoming Range Rover Electric will pack the 344 prismatic cells in a double-stacked layout, which will not allow the automaker to offer the EV in a three-row seating configuration as there won't be much space. However, the battery packing will not impact the rear storage. Speaking about the EV, Own said that it will come with go-anywhere capabilities. 'This is still a Range Rover. It is not an EV. There really isn't another EV out there doing what this car does. Not at this level of off-road ability with this type of luxury," he added. The Range Rover Electric's world premiere is scheduled for later in 2025, with deliveries expected to kick off next year. Check out Upcoming EV Cars in India. First Published Date: 16 Jul 2025, 10:25 am IST
Yahoo
17-06-2025
- Business
- Yahoo
Own, a new social media app, aims to tokenize the creator economy
With the TikTok deadline to sell its U.S. operations now just two days away, a new decentralized social media app launched its beta to the public on Tuesday. Own is the latest alternative to TikTok to emerge, featuring a swipeable feed for not just short videos but also text posts and images, as well as other features you'd expect, like direct messaging. However, the new app aims to disrupt the market by utilizing blockchain technology and a token economy. Most notably, content creators on the app can earn revenue without any minimum requirements for follower count or post count. The app was developed by Amir Kaltak (CEO) and Katia Zaitsev (COO), who previously co-founded web3 company Lexit. Notably, the app was also co-created by Sarah Mick (CCO), who has experience working at major dating apps Tinder and Bumble. Key highlights include the $OWN Token, which is rewarded to creators based on video engagement and is fully tradeable. Own operates on Base Layer 2 blockchain, ensuring secure transactions and content ownership. Kaltak believes this will be a game-changer for creators, especially since they earn tokens regardless of their location. 'Most creators around the world don't have access to monetization on major social platforms simply because of their location. With Own, we've built a system that levels the playing field and opens up real earning potential for creators globally,' he told TechCrunch. Kaltak adds that a portion of the platform's cash revenue is used to buy $OWN Tokens from exchanges for distribution to creators. 'We're tokenizing the creator economy in a way that rewards creators fairly while creating consistent buy-side demand for the token on the open market, which contributes to long-term price resilience and sustainability,' he said. Rewarding creators with in-app tokens has become a common practice, particularly in regions outside the U.S. One example is Chingari, a short-form video app that has attracted over 180 million users in India. Other forms of monetization include tipping, brand sponsorships, and selling items on Own Shop (the app's version of TikTok Shop). The app promises that creators can earn up to 50% more than on other platforms. Specifically, in the case of tipping, Own takes only 20% of the revenue, whereas TikTok takes 50%. For sponsorships, creators retain 90% of the earnings, with only 10% going to Own. Creators benefit most from Own Shops, keeping 95% of the revenue while Own takes just 5%. The monetization features, including tokens, are expected to be available sometime in the third quarter, between July and September. Meanwhile, Own Shop is expected to roll out as a beta sometime between October and December. Another revenue stream is content licensing. Each piece of content has proven ownership and origin, tracked on the blockchain, allowing creators to license their content while maintaining their rights. So, for example, creators can resell their content to brands for use in marketing campaigns and earn 90% of the revenue, while Own takes a 10% cut. The ranking system is also an interesting feature. Viewers have the ability to interact with content by pressing the up or down arrows to cast their votes—upvoting or downvoting posts in a manner reminiscent of platforms like Reddit. Creators who receive a higher number of upvotes can climb the leaderboard, gaining greater exposure. 'Owning your content, consumer agency, global equal pay, equal opportunity to go viral, making meaningful connections, and empowering people through self-expression and fair pay are at the forefront of correcting the current problems with social media,' Mick told TechCrunch. 'Without higher platform support and higher expectations of app ability for these creators, you're ultimately doing a disservice to their loyal fans.' Own is now available for free in the App Store and Google Play Store. The company claims to have nearly 40,000 people on the waitlist. To date, the startup has raised over $5 million from Sarah Mick, Michael Terpin (Transform Ventures), Saba Capital, Base Spin Capital, and Stoka Global.
The Hindu
15-06-2025
- Business
- The Hindu
KSEB plea for resumption of long-term power supply contracts rejected
A Kerala State Electricity Board (KSEB) plea seeking orders for the resumption of power supply from the long-term Design, Build, Finance, Own and Operate (DBFOO) contracts has been rejected by the Kerala State Electricity Regulatory Commission (KSERC). The KSEB wanted the commission to issue orders for the resumption of supply from Jhabua Power and Jindal India Thermal Power on the strength of an order issued by the commission on December 29, a June 12 order, the commission noted that its 2023 order had been set aside by the Appellate Tribunal for Electricity (Aptel) and the Supreme Court. The issue goes back to a May 10, 2023, decision of the commission declining approval for long-term power supply agreements totalling 465 MW from Jhabua Power, Jindal Power, and Jindal India Thermal Power citing irregularities. Govt. intervenes In view of a power crisis that year, the Kerala government, invoking Section 108 of the Electricity Act, issued a policy directive to the commission for the restoration of the contracts. The commission complied with the government requirement through its December 2023 order. Subsequently, Jhabua Power and Jindal India Thermal Power challenged this order before Aptel. The KSEB observed that the third company, Jindal Power, had not challenged the order and hence was obliged to resume supply under the terms of the contract. Later in 2024, Aptel and the Supreme Court upheld the original order issued by the commission in May 2023, declining approval for the contracts totalling 465 MW. It is in this context that the commission has now rejected the KSEB petition.
Yahoo
13-06-2025
- Entertainment
- Yahoo
HISENSE "OWN THE MOMENT" TOUR BRINGS SOCCER FAN EXPERIENCE TO CHARLOTTE
From the Pitch to the Parking Lot: Hisense Immersive SoccerExperience Delivers Big Screens, Big Games and Big Prizes CHARLOTTE, N.C., June 13, 2025 /PRNewswire/ -- Hisense, a leading brand in global consumer electronics and home appliances, is bringing its nationwide "Own the Moment" Tour to select Charlotte retailer parking lots June 18 through June 28, just in time for summer's biggest soccer showdowns. As an Official Partner of the FIFA Club World Cup 2025™, Hisense is hitting the road with a multi-city tour featuring soccer-inspired activations that invite fans to experience its latest home entertainment innovations. From interactive games and exciting giveaways to engaging brand experiences, the tour celebrates the spirit of the sport and its fans in key cities hosting FIFA Club World Cup 2025™ matches across the U.S. "The Hisense Own the Moment Tour, alongside our partnership with FIFA Club World Cup 2025™, is our way of bringing fans closer to the high-speed action while showcasing how Hisense products elevate the game-viewing and home entertainment experience every day," said David Gold, president of Hisense Americas and Hisense USA. Tour Highlights: Big Games, Big Screens Zone: Enjoy archived footage and experience iconic FIFA moments on massive 100" Hisense ULED MiniLED TVs. With ultra-clear visuals, crisp audio, and smooth motion, it's the next best thing to stadium seats. Gaming Lounge: Take your shot at victory by gaming on top-tier Hisense TVs—built for competitive performance with brilliant color, peak brightness, fast refresh rates, and immersive sound. Chill Zone: Recharge with foosball and cold refreshments, kept perfectly chilled by Hisense Mini-Fridges and beat the heat with powerful Hisense AC units that deliver cool comfort even on the hottest match days. Fan Engagement: Create your own AI-powered trading card, and take a walk through the ultimate pre-game player tunnel experience. Ice-Cold Penalty Kick Challenge: Prove your precision under pressure with this thrilling shot-on-goal challenge. Can you keep your cool in the clutch? Giveaways: Guests who level-up their game and take risks for rewards can score exclusive Hisense swag – from t-shirts and magnets to FIFA Club World Cup 2025™ tickets and retailer gift cards. To learn more about the Hisense Own the Moment Tour and to find additional tour stops near you, visit About Hisense USASince 2001, Hisense USA Corporation, a subsidiary of Hisense Group, has been a leading provider of technology products, encompassing a diverse range of offerings such as televisions, Laser TVs and Cinemas, soundbars, refrigerators, ranges, dishwashers, and air conditioners. As the Official TV and Home Appliance Partner of the NBA and Official Partner of the FIFA Club World Cup 2025™, the company places maximum emphasis on performance, quality, and value, leading to remarkable industry growth and a reputation for producing reliable, award-winning products. According to Omdia, Hisense ranks No. 2 worldwide in total TV volume shipments (2022-2024) and No. 1 globally in the 100-inch and over TV segment (2023-Q12025). As the first official partner of the FIFA Club World Cup 2025™, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide. View original content: SOURCE Hisense Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
