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January 14, 2025

US braces for wild, dark comeback of Trump

Washington: Buckle up: Donald Trump returns to the White House next week for a second term that promises to be even more volatile -- and hard-line -- than his roller-coaster first presidency.Buoyed by his historic political comeback, the billionaire Republican has shown no sign of changing the bombastic style that shook the United States and the world from 2017 to 2021."If you liked Trump One, you're going to love Trump Two," Peter Loge, the director of George Washington University's School of Media and Public Affairs, told AFP.For all the talk of a more disciplined Trump, the 78-year-old -- who will become the oldest person ever sworn in on January 20 -- appears to be much the same mercurial figure as last time around.Before even setting foot back in the Oval Office, he has spoken of a ne

January 14, 2025

JSW Energy shares jump over 4% after receiving letter of intent to acquire Mahanadi thermal plant

Shares of JSW Energy jumped 4.39% to Rs 540.50 in early trade on Tuesday after the company successfully emerged as the applicant to acquire KSK Mahanadi Power Company, which owns 3,600 MW of thermal power plants, under insolvency proceedings.According to a company statement, this follows the approval of the Committee of Creditors, with the transaction pending regulatory approvals from the National Company Law Tribunal and the Competition Commission of India.JSW Energy has received a Letter of Intent (LoI) from the Resolution Professional for its resolution plan submitted under the Insolvency and Bankruptcy Code, 2016, for KSK Mahanadi Power Company Ltd (KMPCL).KMPCL owns a 3,600 MW thermal power plant in Chhattisgarh. Currently, 1,800 MW (600 MW x 3 units) is operational, with 95% of the c

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