Latest news with #870
Hans India
05-07-2025
- Business
- Hans India
Nippo debuts BLDC ceiling fans, eyes 10% market share
Indo National Limited, the maker of the iconic Nippo brand, has announced its foray into the Rs1,000 crore BLDC (Brushless Direct Current) ceiling fan market with the launch of a new range of energy-efficient fans. The move marks a strategic expansion of Nippo's home solutions portfolio and positions the brand within India's rapidly growing energy-efficient appliance segment. The BLDC ceiling fans, developed through advanced R&D techniques such as electromagnetic simulation, sensor-less algorithm design, and power electronics optimization, promise up to 70 per cent energy savings. Operating at just 28 watts compared to the conventional 80-watt ceiling fans, the new range could save consumers approximately Rs1,870 in electricity per fan annually. 'Our entry into the ceiling fan category with BLDC technology reflects our commitment to sustainable innovation and long-term consumer value,' said Pavan Kumar BVS, CEO of Nippo. 'We are excited to offer high-performance, stylish fans that are both eco-friendly and cost-effective.' The new fan range includes two models—Vayou and Airiana—featuring high-speed performance (380 RPM), low noise (<60dB), 7-speed RF remotes (with an extra remote included), and a 5-year motor life. These models are currently available in nine key cities including Hyderabad, Vizag, Lucknow, and Nagpur, via electronics retailers and leading e-commerce platforms. India's BLDC fan market is projected to grow at a CAGR of 20–25 per cent in the coming years. Nippo aims to capture 10 per cent of this market over the next five years, leveraging its strong brand trust, distribution network, and continued investment in R&D.
The Hindu
11-06-2025
- The Hindu
Arrest of duo with 20 kg consignment uncovers inter-State hashish oil network
The arrest of two men en route to deliver 20 kilogram of hashish oil to a buyer in Bengaluru uncovered a drug supply network spanning Andhra Pradesh, Odisha and Karnataka. The accused, Pangi Keshava Rao, 40 from Alluri Sitarama Raju district in Andhra Pradesh and Jayaram Khemundu, 26 from Koraput district, Odisha, were picked up from outside a hotel near the Outer Ring Road in Pedda Amberpet by the LB Nagar Special Operations Team (SOT) and Abdullapurmet police. The seized hashish oil, valued at ₹1.2 crore, was sourced from a man identified as Krishna, 30, also a native of Alluri Sitarama Raju district, who is currently absconding. Police said Keshava Rao, a farmer, and Khemundu, a tree cutter and civil contractor, were drawn into the drug trade by the lure of easy profits. 'They were procuring hashish oil from Krishna and selling it in Bengaluru for nearly 10 times the cost price. Hyderabad was being used as a key transit point,' said Rachakonda Commissioner of Police G. Sudheer Babu. Investigators found that Krishna, a childhood friend of Rao, had previously introduced him to the narcotics trade while Khemundu joined in later. Rao had already been arrested by the Anakapalli Town police in a Narcotic Drugs and Psychotropic Substances (NDPS) Act case. According to the police, two days before the arrest, a Bengaluru-based buyer had placed an order for 20 kilogram of hashish oil. Rao and Khemundu collected the consignment in Hukumpeta and travelled to the outskirts of Hyderabad to meet the buyer. Acting on a tip-off, the SOT and local police laid a trap and caught the duo red-handed. Apart from the hash oil, police recovered three mobile phones and ₹870 in cash. Efforts are on to trace Krishna and the Bengaluru buyer.
Barnama
04-06-2025
- Business
- Barnama
CPO Futures Likely To Trade Sideways Next Week Amid Limited Market Catalysts, Shorter Week
By Siti Noor Afera Abu KUALA LUMPUR, May 31 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to move sideways next week due to limited market catalysts and a shorter trading week. Palm oil trader David Ng said the lack of fresh trading cues will likely keep the market range-bound in the near term. 'We expect the commodity to trade between RM3,750 and RM3,950 per tonne,' he said. Cargo surveyors expect exports of Malaysian palm oil products during May 1-25 to rise between 7.3 per cent and 11.6 per cent, compared with the same period a month ago. Meanwhile, Fastmarkets Palm Oil Analytics senior analyst Dr Sathia Varqa said market participants will be keenly watching for May supply and demand estimates from newswire polling and the full month production data from the Malaysian Palm Oil Association, including data from the Malaysian Palm Oil Board (MPOB), due on June 10. On a Friday-to-Friday basis, the spot-month June 2025 contract rose RM64 to RM3,888 per tonne, July 2025 was RM55 higher at RM3,891 per tonne, and August 2025 added RM51 to RM3,878. The September 2025 note rose RM49 to RM3,870 per tonne, October 2025 edged up RM46 to RM3,870, and November 2025 gained RM43 to RM3,874. The weekly trading volume was down to 281,987 lots from 331,960 the previous week, while open interest narrowed to 241,994 contracts from 244,075.
Barnama
30-05-2025
- Business
- Barnama
CPO FUTURES SLIP ON WEAK SOYBEAN OIL, SNAPPING 5-DAY RALLY
WORLD By Siti Noor Afera Abu KUALA LUMPUR, May 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped its five-day rally to close lower on Friday, dragged down by weakness in the soybean oil market, said palm oil trader David Ng. He noted that key support and resistance levels are seen at RM3,800 and RM4,000 per tonne respectively. Meanwhile, Fastmarkets Palm Oil Analytics senior analyst Dr Sathia Varqa said CPO futures close lower as traders booked their profits ahead of the long weekend. At the close, the spot month June 2025 contract lost RM41 to RM3,888 per tonne, July 2025 decreased by RM51 to RM3,491 per tonne, and August 2025 went down RM54 to RM3,878 per tonne. September 2025 was RM51 lower at RM3,870 per tonne, October 2025 slid by RM49 to RM3,870 per tonne, and November 2025 eased RM46 to RM3,874 per tonne. Trading volume fell to 59,698 lots from 69,553 lots yesterday, while open interest narrowed to 241,994 contracts from 244,448 contracts previously. The physical CPO price for June South fell by RM30 to RM3,930 per tonne. Bursa Malaysia Bhd and its subsidiaries will be closed on June 2 in conjunction with the official birthday of His Majesty Sultan Ibrahim, King of Malaysia and would resume operations on June 3 (Tuesday).
GMA Network
25-05-2025
- General
- GMA Network
No winners of major lotto draws on Sunday, May 25, 2025
There were no winners of either of the major lotto jackpots offered by the Philippine Charity Sweepstakes Office (PCSO) on Sunday, May 25, 2025. No bettor chose the winning combination of 57-51-13-47-24-18 for the Ultra Lotto 6/58 jackpot, which has now reached P76,870,794.40. There was also no winning bettor for the Superlotto 6/49 prize of P34,162,383.60, with nobody choosing the winning numbers 35-13-42-14-24-16. Click here for the complete lotto results for Sunday, May 25, 2025. — BM, GMA Integrated News
