Latest news with #NIP
South Wales Guardian
7 hours ago
- South Wales Guardian
Speeding ticket loopholes: What to do if you've been caught
The only speeding ticket loophole you may be able to rely on is that you did not receive the Notice of Intended Prosecution (NIP) within the statutory 14-day limit. A Notice of Intended Prosecution (NIP) is a formal warning from the police that a person may be prosecuted for a motoring offence. It is typically sent to the registered keeper of a vehicle within 14 days of the alleged offence. According to Frank Rogers Law: "If you did not receive the Notice of Intended Prosecution (NIP) within the statutory 14-day limit, you may avoid a penalty. You will not avoid a penalty using this loophole; however, if the issuer sends the NIP to the registered keeper within the time limit but you do not receive it. "The loophole is also unavailable if the NIP was sent to an old address (i.e. you have not updated your address with the DVLA) or to a vehicle rental or leasing company." There is no one 'best defence' against a speeding ticket, as this will depend largely on the unique circumstances of your case. The key point to bear in mind is that under the law in the UK, you cannot simply argue that you did not realise you were speeding; this is not a valid defence. If you did not receive the Notice of Intended Prosecution (NIP) within the statutory 14-day limit, this will most likely give you the best defence against a speeding ticket. Recommended reading: Alternatively, you may have a defence or be able to contest your speeding ticket if: First-time offenders may be offered a place on a speed awareness course, at the discretion of the police force.
Mint
22-07-2025
- Business
- Mint
B L Kashyap & Sons secures ₹1,067 crore worth of orders in 2 days, equal to 65% of its market cap
B L Kashyap and Sons (BLK), a small-cap stock, has been making waves on Dalal Street with a series of order wins, boosting its order book and enhancing revenue visibility. On Monday, the company announced that it had secured an order worth ₹ 910 crore from BPTP Limited for the construction of civil structures for residential towers, including associated non-tower areas and a community building. This was the second major order after the company secured a ₹ 157.26 crore contract on Friday from Manyata Promoters Private Limited for civil and structural works at the Embassy Manyata Business Park project. Together, these two orders amount to ₹ 1,067.26 crore, equivalent to approximately 65% of the company's current market capitalization of ₹ 1,641 crore. Earlier in May, the company had also bagged an order worth ₹ 510 crore from Fidatocity Homes Private Limited for the construction of a residential group housing project with a built-up area of approximately 28.30 lakh square feet. Zooming out, it ended FY25 with a strong order book of ₹ 3,021 crore, representing 2.16 times its FY25 revenue. Haryana and Karnataka are the largest contributors to the company's order book. Segment-wise, commercial projects account for 70% of the total order book, followed by residential (17%), institutional (8%), and infrastructure (5%), according to its latest investor filing. Looking ahead, the company aims to continue bidding for railway projects by leveraging its experience from completed, ongoing, and upcoming metro and railway projects. It plans to strategically grow its presence in the railway sector, with the goal of increasing the government project share to 25% of the order book in FY26, according to the company's recent investor presentation. Currently, its private-to-government project ratio stands at 93:07. The company is targeting a more balanced ratio by capitalizing on infrastructure investments under the National Infrastructure Pipeline (NIP). As part of its future strategy, it said it plans to strategically monetize non-core assets to achieve financial freedom by FY2027. This will involve identifying and liquidating underutilized assets, optimizing its portfolio, and reallocating resources to high-growth areas. Through the unlocking of non-essential assets, the company aims to strengthen its financial position, reduce liabilities, and increase flexibility for reinvestment in core business initiatives. Meanwhile, the company also stated that it has significantly reduced its debt from ₹ 700 crore to ₹ 275 crore in FY25. It also informed us that there is currently no term loan outstanding, with only working capital and bank guarantee limits in place. CRISIL has upgraded the company's credit rating to CRISIL B+/Stable/A4.' The company's shares entered a significant correction phase after hitting an all-time high of ₹ 120.55 apiece in August last year, shedding nearly 40% of their value since then to trade at current level of ₹ 73. This sustained decline is largely due to profit-booking, following a sharp rally between June 2022 and August 2024, during which the stock surged 488% without any major pullbacks. Looking at the long term, the stock is still up 1,162% over the past five years. From its March 2020 low of ₹ 3.30 apiece, the stock has jumped an impressive 2,112% to date.
Mint
22-07-2025
- Business
- Mint
B L Kashyap & Sons secures ₹1,067 crore worth of orders in 2 days, equal to 65% of its market cap
B L Kashyap and Sons (BLK), a small-cap stock, has been making waves on Dalal Street with a series of order wins, boosting its order book and enhancing revenue visibility. On Monday, the company announced that it had secured an order worth ₹ 910 crore from BPTP Limited for the construction of civil structures for residential towers, including associated non-tower areas and a community building. This was the second major order after the company secured a ₹ 157.26 crore contract on Friday from Manyata Promoters Private Limited for civil and structural works at the Embassy Manyata Business Park project. Together, these two orders amount to ₹ 1,067.26 crore, equivalent to approximately 65% of the company's current market capitalization of ₹ 1,641 crore. Earlier in May, the company had also bagged an order worth ₹ 510 crore from Fidatocity Homes Private Limited for the construction of a residential group housing project with a built-up area of approximately 28.30 lakh square feet. Zooming out, it ended FY25 with a strong order book of ₹ 3,021 crore, representing 2.16 times its FY25 revenue. Haryana and Karnataka are the largest contributors to the company's order book. Segment-wise, commercial projects account for 70% of the total order book, followed by residential (17%), institutional (8%), and infrastructure (5%), according to its latest investor filing. Looking ahead, the company aims to continue bidding for railway projects by leveraging its experience from completed, ongoing, and upcoming metro and railway projects. It plans to strategically grow its presence in the railway sector, with the goal of increasing the government project share to 25% of the order book in FY26, according to the company's recent investor presentation. Currently, its private-to-government project ratio stands at 93:07. The company is targeting a more balanced ratio by capitalizing on infrastructure investments under the National Infrastructure Pipeline (NIP). As part of its future strategy, it said it plans to strategically monetize non-core assets to achieve financial freedom by FY2027. This will involve identifying and liquidating underutilized assets, optimizing its portfolio, and reallocating resources to high-growth areas. Through the unlocking of non-essential assets, the company aims to strengthen its financial position, reduce liabilities, and increase flexibility for reinvestment in core business initiatives. Meanwhile, the company also stated that it has significantly reduced its debt from ₹ 700 crore to ₹ 275 crore in FY25. It also informed us that there is currently no term loan outstanding, with only working capital and bank guarantee limits in place. CRISIL has upgraded the company's credit rating to CRISIL B+/Stable/A4.' The company's shares entered a significant correction phase after hitting an all-time high of ₹ 120.55 apiece in August last year, shedding nearly 40% of their value since then to trade at current level of ₹ 73. This sustained decline is largely due to profit-booking, following a sharp rally between June 2022 and August 2024, during which the stock surged 488% without any major pullbacks. Looking at the long term, the stock is still up 1,162% over the past five years. From its March 2020 low of ₹ 3.30 apiece, the stock has jumped an impressive 2,112% to date. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Time of India
17-07-2025
- Business
- Time of India
How climate-resilient infrastructure can shape India's future
India is in the process of a major infrastructure transformation. Launched in 2019, the National Infrastructure Pipeline (NIP) was set up to invest $1.5 trillion (₹111 lakh crore) across critical sectors such as energy, transport, water, and urban development between 2020 and 2025. As of early 2024, 21% of projects were completed and approximately 46% were under implementation. With the NIP nearing its conclusion, the government is expected to announce a fresh five-year roadmap later this year to further accelerate development. India's urban population is projected to nearly double, from 432 million in 2021 to 820 million by 2047. Much of this growth is happening in Tier II and III cities. However, this urban expansion is unfolding against the backdrop of increasingly frequent and severe climate events that bring with it new challenges. As new infrastructure takes shape, there's a clear need to make it stronger and better prepared for climate-related risks. Building with climate resilience in mind is no longer optional—it's essential for long-term impact. Climate vulnerabilities and risks Under the Smart Cities Mission, over 100 cities across India—including newer hubs like Dharamsala, Hubballi-Dharwad, and Davanagere—are being equipped with modern infrastructure. As these cities evolve, the threat of extreme weather events makes it crucial to embed climate resilience into every layer of planning. According to the Climate Risk Index, India ranks sixth globally among countries most affected by extreme weather events over the last three decades, with over 400 events leading to more than 80,000 deaths and economic losses amounting to $180 billion. A recent study by the Council on Energy, Environment and Water (CEEW) reveals that nearly 57% of Indian districts, housing 76% of the population, are at high to very high risk from extreme heat. These statistics highlight the critical importance of integrating climate resilience into infrastructure planning to safeguard communities and sustain economic development. Embedding climate resilience in infrastructure planning Embedding climate resilience into infrastructure planning is no longer optional—it is a strategic necessity to safeguard communities, economies, and ecosystems in a rapidly changing climate. This calls for a paradigm shift from reactive infrastructure development to anticipatory, risk-informed planning. Climate resilience must be woven into every stage of development, and this begins with rethinking how projects are conceived, designed, and executed. A few high-impact strategies include: Integrating blue-green infrastructure Thoughtful use of landscape features like rain gardens, bioswales, green roofs, and urban forests not only manage stormwater and reduce urban heat but also enhance biodiversity and liveability in densely built environments. Mainstreaming decentralised renewable and water systems Embedding rooftop solar, water harvesting, and on-site wastewater recycling into project infrastructure reduces pressure on public utilities and enhances resilience against service disruptions. Leveraging technology and climate risk mapping Using data-driven tools—such as GIS-based climate risk assessments and smart building systems—enables developers and city planners to make informed, adaptive decisions that anticipate future environmental stresses. Benefits of climate-resilient infrastructure The transition to climate-resilient infrastructure brings wide-ranging benefits that go beyond environmental protection. Economically, it significantly lowers the lifecycle costs of assets by reducing the need for frequent maintenance and disaster-related repairs, potentially cutting long-term infrastructure expenses by up to 70%. Beyond cost savings, climate-smart infrastructure also improves public health and creates new job opportunities. Buildings that use natural ventilation, non-toxic materials, and efficient cooling systems not only reduce energy use but also provide healthier indoor environments—critical in a country facing rising heatwaves and air pollution. According to the Green Industry Outlook report by TeamLease Digital, the green transition is expected to generate nearly 50 million new jobs in sectors such as clean energy, construction, and environmental services, contributing up to $15 trillion to India's economy. These combined benefits make investing in climate resilience not just wise—but essential for the country's long-term growth and well-being. Integration with national policies and global commitments India is steadily aligning its infrastructure vision with climate resilience through emerging national policies and initiatives. The National Adaptation Plan (NAP) integrates climate risks into long-term planning and mobilizes private finance for adaptive infrastructure, particularly in vulnerable urban areas. At the local level, initiatives like Patna's Samagra Udyan Yojana are transforming cityscapes with green corridors, riverfront gardens, and eco-friendly materials, setting templates for sustainable urban development. At a global level, India continues to lead with the Coalition for Disaster Resilient Infrastructure (CDRI), which promotes climate-proof infrastructure across sectors. These efforts reinforce India's commitment to SDG 13 (Climate Action) and the Paris Agreement, ensuring that future infrastructure is not only sustainable but also equipped to handle the intensifying impacts of climate change. Conclusion As India continues its rapid urbanization, integrating climate resilience into infrastructure planning is not just an environmental imperative but an economic and social necessity. By adopting green certifications, leveraging supportive policies, and embracing digital innovations, India can build infrastructure that not only withstands climate challenges but also promotes sustainable growth and improved quality of life for its citizens.
Yahoo
08-07-2025
- Business
- Yahoo
This ‘Strong Buy' Penny Stock Is Pivoting to Bitcoin Mining. Should You Buy Shares Here?
Bitcoin (BTCUSD) roared past $111,000 this year, reigniting the crypto gold rush and putting mining profitability back in the spotlight. In this high-stakes digital Wild West, progress is measured in exahashes (EHs). With the right hardware and hash rate, mining shifts from gamble to high-yield infrastructure play. That's where NIP Group (NIPG) steps in. Known for its digital entertainment and esports operations, NIP is making an audacious leap. It is acquiring 3.11 EH/s worth of active Bitcoin mining equipment via an all-stock deal with Fortune Peak and Apex Cyber Capital. This Analyst Just Raised His Broadcom Stock Price Target by 70%. Should You Buy AVGO Now? Why Alibaba Stock Looks Like a Screaming Buy After Falling 27% From Its 2025 Highs 2 ETFs Offering Juicy Dividend Yields of 20% or Higher Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Not just a detour from its gaming roots, this is a calculated pivot into digital infrastructure. With a new Digital Computing Division in place and 60 BTC expected to roll in monthly, NIP's move straddles both immediate revenue and long-term AI-HPC ambitions. Should sharp investors snag shares now on this news? Or wait it out a bit longer? Born from the 2023 merger of Sweden's Ninjas in Pyjamas and China's esports force ESV5, NIP Group is crafting the next chapter of digital entertainment. With deep roots in competitive gaming and a bold eye on innovation, the company runs elite esports teams, talent management, event production, and game publishing across China, Sweden, Brazil, and the United Arab Emirates. From arena spectacles to creator-driven content, NIP is shaping how gaming fits into daily life. And now, with a bold leap into Bitcoin mining, it is extending its reach into the future of digital infrastructure. Its market capitalization currently stands at $109 million. NIPG made its market debut on July 26, 2024, with an initial public offering (IPO) price of $9. The stock surged to a high of $17.76 just days later on July 30, 2024, before reality checked in. Since then, shares have tumbled 89% from those highs, although the tide seems to be turning. In the past month, NIPG has roared back, gaining 28%. June 30 alone saw a nearly 14% pop, capping a six-day rally with gains topping 66%. The most eye-popping intraday move was on June 26, when shares soared 20.5% — the sharpest move since March. The recent rally was sparked by buzz around its expansion into live entertainment. Add in rising excitement over its esports, talent management ventures, and Bitcoin mining entry, and investors have a penny stock reinventing itself across verticals — a high-risk, high-reward rebound story in the making. Priced at just 1.4 times sales, this penny stock also sits in classic bargain territory. NIP Group's fiscal 2024 results were a mixed bag, showing steady top-line progress but lingering profitability pain. Released on April 30, the report sent shares down nearly 12% as revenue came in at $85.3 million, just 1.9% higher year-over-year (YOY). But peel back the layers, and there's more to the story than just the miss. The revenue growth was led by a 147.5% surge in event production revenues, which almost doubled in the second half of the year thanks to tighter integration and a flurry of major events. Margins took a hit, but that was part of the plan — front-loading staff and marketing to lock in tier-one festivals for 2025. Meanwhile, Esports revenue fell 32% to $14.7 million and Talent Management declined 10% to $47.3 million. Still, NIP trimmed its net loss per share by 55% annually to $0.69, beating forecasts, although adjusted EBITDA slumped to -$9.9 million, reflecting profitability achievement challenges. Despite the profitability drag, NIP is clearly evolving. Backed by strategic capital from the Abu Dhabi Investment Office (ADIO) and Guangxi government, the group is morphing from a pure-play esports organization into a global digital entertainment platform. A new headquarters in Abu Dhabi now anchors its expansion efforts. The move comes with payroll subsidies, subsidized production facilities, and front-row access to one of the fastest-growing gaming regions. Looking ahead, NIP Group aims to scale its core businesses, launch new titles, and enter the game publishing and hospitality scene with its first S-tier complex. Backed by fresh funding, the company's Middle East expansion sets the stage for growth through 2025 and beyond. NIP Group's acquisition of 3.11 EH/s worth of Bitcoin mining equipment, set to close by Sept. 30, is more than just a headline grab. Paid entirely in equity through 119.5 million Class A shares, the deal provides near-term revenue without draining cash reserves. This places NIP in direct competition with mid-tier industrial miners. The machines are already running and are expected to yield around 60 BTC per month. For a company battling margin pressure and EBITDA losses, this new revenue stream offers instant top-line support and strategic optionality. Beyond crypto, the hardware unlocks compute capacity that could power AI models, gaming platforms, and more. With a new Digital Computing Division at the helm, NIP's mining pivot could very well become the engine behind its next growth chapter — and a pathway out of red ink. The Street may be quiet on NIPG stock, but the signal is still bullish. The stock carries a 'Strong Buy" rating from the sole analyst tracking shares. Maxim analyst Jack Vander Aarde set a price target of $6 in May, which implies potential upside of 210% from current levels. The analyst praised NIP's evolution into a diversified esports-tech player, though his trimmed target reflects recent share dilution and not wavering confidence. On the date of publication, Sristi Suman Jayaswal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
