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Time of India
01-07-2025
- Entertainment
- Time of India
Censor Board clears Rudra's 'Oho Enthan Baby' for release
The Central Board of Film Certification (CBFC) has cleared director Krishnakumar's upcoming breezy romantic entertainer, 'Oho Enthan Baby', featuring actors Rudra and Mithila Palkar in the lead, for release with an U/A certificate. Taking to its X timeline, Vishnu Vishal Studioz, one of the production houses producing the film, wrote, "Certified for emotions, laughter & love, rage and drama!#OhoEnthanBaby is officially U/A certified. See you on July 11th in Theatres.A @jenmartinmusic Musical.#OEB #OEBfromJuly11Directed by @Krishnakum25249. Produced by @VVStudioz." For the unaware, the film will mark the acting debut of Rudra, the younger brother of well known Tamil actor and producer Vishnu Vishal. The film, which has been directed by Krishnakumar Ramakumar , has been produced by Raahul of Romeo Pictures along with Vishnu Vishal. The film has been co produced by KV Durai and Javid. Oho Enthan Baby - Official Trailer A trailer released by the unit recently shows that the story will revolve around a young boy called Ashwin(Rudra) who hopes to find a life partner with traits exhibited by heroine characters in superhit Tamil films. Karunakaran, who plays Rudra's uncle in the film, tells him that he will not be able to find a girl if he imposes such conditions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo Then as expected, he falls in love and everything seems to progress smoothly, until one day a conflict emerges between and his sweetheart. ... Apart from Rudra and Mithila Palkar, the film will also feature Anju Kurian, Mysskin, Redin Kingsley, Karunakaran, Geetha Kailasam, Balaji Sakthivel, Sujatha Babu, Nirmal Pillai, Nivaashiyni Krishnan, Arun Kurian, Vijayasarathy, Kasthuri and Vaibhavi Tandle among others. On the technical front, the film will have cinematography by Harish Kannan and editing by R C Pranav. Art Direction for the film is by Rajesh and stunts have been choreographed by Rugger Ram. Choreography for the songs are by Bobby and Sathish Krishnan. Mukesh Manjunath has penned the story for the film, which has additional dialogues and screenplay by Sharadha and Mukesh Manjunath.
Hans India
01-07-2025
- Entertainment
- Hans India
Censor Board clears Rudra's 'Oho Enthan Baby' for release
Chennai: The Central Board of Film Certification (CBFC) has cleared director Krishnakumar's upcoming breezy romantic entertainer, 'Oho Enthan Baby', featuring actors Rudra and Mithila Palkar in the lead, for release with an U/A certificate. Taking to its X timeline, Vishnu Vishal Studioz, one of the production houses producing the film, wrote, "Certified for emotions, laughter & love, rage and drama!#OhoEnthanBaby is officially U/A certified. See you on July 11th in Theatres.A @jenmartinmusic Musical.#OEB #OEBfromJuly11Directed by @Krishnakum25249. Produced by @VVStudioz." For the unaware, the film will mark the acting debut of Rudra, the younger brother of well known Tamil actor and producer Vishnu Vishal. The film, which has been directed by Krishnakumar Ramakumar, has been produced by Raahul of Romeo Pictures along with Vishnu Vishal. The film has been co produced by KV Durai and Javid. A trailer released by the unit recently shows that the story will revolve around a young boy called Ashwin(Rudra) who hopes to find a life partner with traits exhibited by heroine characters in superhit Tamil films. Karunakaran, who plays Rudra's uncle in the film, tells him that he will not be able to find a girl if he imposes such conditions. Then as expected, he falls in love and everything seems to progress smoothly, until one day a conflict emerges between and his sweetheart.... Apart from Rudra and Mithila Palkar, the film will also feature Anju Kurian, Mysskin, Redin Kingsley, Karunakaran, Geetha Kailasam, Balaji Sakthivel, Sujatha Babu, Nirmal Pillai, Nivaashiyni Krishnan, Arun Kurian, Vijayasarathy, Kasthuri and Vaibhavi Tandle among others. On the technical front, the film will have cinematography by Harish Kannan and editing by R C Pranav. Art Direction for the film is by Rajesh and stunts have been choreographed by Rugger Ram. Choreography for the songs are by Bobby and Sathish Krishnan. Mukesh Manjunath has penned the story for the film, which has additional dialogues and screenplay by Sharadha and Mukesh Manjunath.
Time of India
23-06-2025
- Entertainment
- Time of India
G V Prakash releases title track of Rudra's 'Oho Enthan Baby'
National Award winning music director G V Prakash on Monday released the title track 'Oho Enthan Baby' from director Krishnakumar 's upcoming breezy romantic entertainer, 'Oho Enthan Baby', featuring actors Rudra and Mithila Palkar in the lead. Taking to his X timeline, G V Prakash wrote, "Best of luck team. Delighted to unveil this melodic bliss - #OhoEnthanBaby Title Track sung by @sidsriram. Best of luck @jenmartinmusic. Wishing @TheActorRudra, @mipalkar, and the entire team my heartfelt best for this beautiful journey. #SecondSingle #OEB #OEBfromJuly11 Directed by @Krishnakum25249. Produced by - @VVStudioz" For the unaware, the film will mark the acting debut of Rudra, the younger brother of well known Tamil actor and producer Vishnu Vishal. Incidentally, the film is being jointly produced by Vishnu Vishal's production house, Vishnu Vishal Studioz. The titular track, which has been picturised on Rudra and Mithila Parkar, is a peppy western romantical number that has been rendered by Sid Sriram . The song, whose lyrics have been penned by Ashique A R, has been set to tune by Jen Martin. Actor Vishnu Vishal too took to his X timeline to thank both music director G V Prakash for releasing the song and to music director Jen Martin and singer Sid Sriram for delivering the mellifluous number. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo He wrote, "So happy to have such a beautiful love song in my brother's debut film... Loved this tune when I heard it first, I hope you do too.. Thank you @JenMartinmusic and @sidsriram. #OhoEnthanBaby title track." Sarvam Thaala Mayam - Title Track He also wrote, "Thank you @gvprakash bro for releasing our second single #OhoEnthanBaby." The film, which has been directed by Krishnakumar Ramakumar, has been produced by Raahul of Romeo Pictures along with Vishnu Vishal. The film has been co produced by KV Durai and Javid. Apart from Rudra and Mithila Palkar, the film will also feature Anju Kurian, Mysskin, Redin Kingsley, Karunakaran, Geetha Kailasam, Balaji Sakthivel, Sujatha Babu, Nirmal Pillai, Nivaashiyni Krishnan, Arun Kurian, Vijayasarathy, Kasthuri and Vaibhavi Tandle among others. On the technical front, the film will have cinematography by Harish Kannan and editing by R C Pranav. Art Direction for the film is by Rajesh and stunts have been choreographed by Rugger Ram. Choreography for the songs are by Bobby and Sathish Krishnan. Mukesh Manjunath has penned the story for the film, which has additional dialogues and screenplay by Sharadha and Mukesh Manjunath.
Yahoo
08-05-2025
- Business
- Yahoo
Toronto Hydro Corporation reports its first quarter financial results for 2025
TORONTO, May 8, 2025 /CNW/ - Toronto Hydro Corporation (Toronto Hydro) has announced its financial and operating results for the first quarter ended March 31, 2025. Selected financial and operational highlights (in millions of Canadian dollars)Three months ended March 312025 $ 2024 $Distribution revenue 240.2 225.2 Net income after net movements in regulatory balances 53.2 33.9 Capital expenditures 244.7 199.5 KEY FINANCIAL HIGHLIGHTS Distribution revenue for the three months ended March 31, 2025 was $240.2 million: Increase of $15.0 million compared to the comparable period in 2024 The increase was driven by higher 2025 distribution rates and higher electricity consumption, partially offset by lower revenue collected through Ontario Energy Board (OEB)-approved rate riders Net income after net movements in regulatory balances for the three months ended March 31, 2025 was $53.2 million: Increase of $19.3 million compared to the comparable period in 2024 The increase was primarily due to higher distribution revenue and lower net credit amounts deferred into regulatory accounts This was partially offset by higher operating expenses as well as higher depreciation and amortization expenses Capital expenditures for the three months ended March 31, 2025 were $244.7 million: Increase of $45.2 million compared to the comparable period in 2024 Capital initiatives in 2025 included the delivery of customer connections and replacement of overhead and underground infrastructure CORPORATE DEVELOPMENTS Effective March 19, James Hinds resigned from Toronto Hydro's Board of Directors and as a member of its Audit Committee for personal reasons. On April 8, Baoqin Guo was named Executive Vice President and Chief Financial Officer (CFO) effective May 12, 2025. Ms. Guo replaced Federico Zeni, who served as Interim CFO since November 2024. On April 25, DBRS Limited confirmed Toronto Hydro's issuer rating and senior unsecured debentures rating at "A" and its commercial paper rating at R-1 (low), each with stable trends. Effective April 29, as a result of her election to the Parliament of Canada, Councillor Jennifer McKelvie resigned from Toronto Hydro's Board of Directors. On May 8, Toronto Hydro's Board of Directors declared a dividend in the amount of $15.0 million with respect to the second quarter of 2025, which is payable to the City of Toronto by June 30, 2025. QUICK FACTS Toronto Hydro's financial and operational results are reported quarterly and available at and through Toronto Hydro is required to submit a plan for its proposed rates and spending to the OEB through an open and transparent process known as a rate application Toronto Hydro continues to invest in expanding, modernizing and sustaining the foundations of a safe, clean and reliable grid to serve the current and future electricity needs of Toronto. For more information about Toronto Hydro's 2025–2029 investment plan, please visit QUOTE "Toronto Hydro's strong first quarter performance reflects the disciplined execution of our regulator-approved long-term investment plan to deliver safe and reliable electricity to the communities we serve. We continue to make significant progress on key infrastructure investments, strengthen our cleantech partnerships and maintain operational excellence across our service area. As we look ahead, we remain focused on safely advancing grid resilience, supporting the clean energy transition and electrification, and delivering consistent value for our customers and shareholder." - Jana Mosley, President and CEO, Toronto Hydro ABOUT TORONTO HYDRO Toronto Hydro is a holding company which wholly owns two subsidiaries: Toronto Hydro-Electric System Limited (THESL) – distributes electricity; and Toronto Hydro Energy Services Inc. – provides streetlighting and expressway lighting services in the city of Toronto The principal business of Toronto Hydro and its subsidiaries is the distribution of electricity by THESL, which owns and operates the electricity distribution system for Canada's largest city. Recognized as a Sustainable Electricity Leader™ by Electricity Canada, it has approximately 797,000 customers located in the city of Toronto and distributes approximately 17 per cent of the electricity consumed in Ontario. SOCIAL MEDIA ACCOUNTS X: Instagram: FORWARD-LOOKING INFORMATION Certain information included in this news release constitutes "forward-looking information" within the meaning of applicable securities legislation. All information, other than statements of historical fact, which address activities, events or developments that we expect or anticipate may or will occur in the future, are forward-looking information. The words "anticipates," "believes," "budgets," "continual," "could," "estimates," "expects," "intends," "may," "ongoing," "outlook," "plans," "seek," "will," or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. The purpose of the forward-looking information (including any financial outlook) contained herein is to provide Toronto Hydro's current expectations regarding its future results of operations, performance, business prospects and opportunities, and readers are cautioned that such information may not be appropriate for other purposes. All forward-looking information is given pursuant to the "safe harbour" provisions of applicable Canadian securities legislation. Specific forward-looking information in this news release includes, but is not limited to, statements regarding the payment of dividends to the City of Toronto and Toronto Hydro's continuing investments in its grid, including those outlined in its five-year investment plan. The forward-looking information reflects Toronto Hydro's current beliefs and is based on information currently available to Toronto Hydro. The forward-looking information is based on estimates and assumptions made by Toronto Hydro's management in light of past experience and perception of historical trends, current conditions and expected future developments, as well as other factors that management believes to be reasonable in the circumstances, including, but not limited to: the amount of indebtedness of Toronto Hydro; changes in funding requirements; the future course of the economy and financial markets; no unforeseen delays and costs in Toronto Hydro's capital projects; no unforeseen changes to project plans; compliance with covenants; the receipt of favourable judgments; no unforeseen changes in electricity distribution rate orders or rate-setting methodologies; no unfavourable changes in environmental regulation; the ratings issued by credit rating agencies; the level of interest rates; Toronto Hydro's ability to borrow; and assumptions regarding general business and economic conditions. Forward-looking information is subject to risks, uncertainties and other factors that could cause actual results to differ materially from historical results or results anticipated by the forward-looking information. The factors which could cause results or events to differ from current expectations include, but are not limited to: risks associated with the execution of Toronto Hydro's capital and maintenance programs necessary to maintain the performance of aging distribution assets and make required infrastructure improvements, including to deliver a modernized grid and meet electrification requirements to achieve government net-zero greenhouse gas (GHG) emissions targets; risks associated with capital projects; risks associated with changing weather patterns due to climate change and resultant impacts to electricity consumption based on historical seasonal trends; risks associated with terrorism and pandemics, and Toronto Hydro's limited insurance coverage for losses resulting from those events; risks of changing government policy and regulatory requirements, including in respect of climate change and the energy transition and trade matters; risks of municipal government activity, including the risk that the City could introduce rules, policies or directives, including those relating to net-zero GHG emissions targets, that could potentially limit Toronto Hydro's ability to meet its business objectives as laid out in its Shareholder Direction principles; risks of Toronto Hydro being unable to retain necessary qualified external contracting forces relating to its capital, maintenance and reactive infrastructure programs; risk that Toronto Hydro is not able to arrange sufficient and cost-effective debt financing to repay maturing debt and to fund capital expenditures and other obligations; risk that Toronto Hydro is unable to maintain its financial health and performance at acceptable levels; risk of downgrades to Toronto Hydro's credit rating; risks related to the timing and extent of changes in prevailing interest rates and discount rates and their effect on future revenue requirements and future post-employment benefit obligations; risks arising from inflation, the course of the economy and other general macroeconomic factors; risk associated with the impairment to Toronto Hydro's image in the community, public confidence or brand; risk associated with Toronto Hydro failing to meet its material compliance obligations under legal and regulatory instruments; and risks associated with market expectations with respect to increases in demand for electricity. Toronto Hydro cautions the reader that the above list of factors is not exhaustive, and there may be other factors that cause actual events or results to differ materially from those described in forward-looking information. Some of the other factors are discussed more fully under the heading "Risk Management and Risk Factors" in Toronto Hydro's Management's Discussion and Analysis for the years ended December 31, 2024 and 2023, available at and through All forward-looking information in this document is qualified in its entirety by the above cautionary statements. Furthermore, unless otherwise stated, all forward-looking information contained herein is made as of the date hereof, and Toronto Hydro undertakes no obligation to revise or update any forward-looking information as a result of new information, future events or otherwise, except as required by law. SOURCE Toronto Hydro-Electric System Limited View original content to download multimedia: 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
Associated Press
27-02-2025
- Business
- Associated Press
Toronto Hydro Corporation reports its year-end financial results for 2024
TORONTO, Feb. 26, 2025 /CNW/ - Toronto Hydro Corporation (Toronto Hydro) has announced its financial and operating results for the year ended December 31, 2024. Selected financial and operational highlights (in millions of Canadian dollars) Year ended December 31 2024 $ 2023 $ Distribution revenue 937.8 839.5 Net income after net movements in regulatory balances 130.3 139.9 Capital expenditures 882.4 755.0 KEY FINANCIAL HIGHLIGHTS Distribution revenue for the year ended Dec. 31, 2024 was $937.8 million: Increase of $98.3 million compared to the comparable period in 2023 The increase was driven by higher revenue collected through Ontario Energy Board (OEB)-approved rate riders, higher 2024 distribution rates and higher electricity consumption Net income after net movements in regulatory balances for the year ended Dec. 31, 2024 was $130.3 million: Decrease of $9.6 million compared to the comparable period in 2023 The decrease was primarily due to higher operating expenses, higher depreciation and amortization expense due to higher in-service asset additions, and higher financing costs This was partially offset by higher distribution revenue Capital expenditures for the year ended Dec. 31, 2024 were $882.4 million: Increase of $127.4 million compared to the comparable period in 2023 Capital initiatives in 2024 included the delivery of customer connections, replacement of overhead and underground infrastructure, customer-initiated relocations and expansions, reactive capital, and stations programs CORPORATE DEVELOPMENTS On Nov. 12, 2024, the OEB issued its 2025–2029 Custom Incentive Rate-setting (CIR) Decision, and on Dec. 12, 2024, issued its CIR Final Rate Order (together, the 2025–2029 CIR Decision and Rate Order), both in relation to Toronto Hydro's 2025–2029 CIR Application. The 2025–2029 CIR Decision and Rate Order approved the negotiated settlement proposal as filed, final electricity distribution rates for the first year of the five-year rate period effective Jan. 1, 2025, a custom incentive rate-setting index for the period commencing on Jan. 1, 2026 and ending on Dec. 31, 2029, and the final clearance of various deferral and variance account balances for the 2020–2024 period through rate riders. The approved rates for 2025 were implemented on Jan. 1, 2025. On Nov. 27, 2024, Federico Zeni was named Interim Chief Financial Officer. Mr. Zeni replaced Céline Arsenault, former CFO, who left Toronto Hydro in November 2024. On Dec. 16, 2024, Toronto Hydro issued 28 common shares to the City of Toronto (City) for total proceeds of $50.0 million in relation to a one-time upfront special equity investment from the City. On Dec. 17, 2024, Toronto City Council appointed Brian Topp and Councillor Rachel Chernos Lin to Toronto Hydro's Board of Directors. Mr. Topp was also appointed as Chair of the Board upon nomination by the City effective as of Dec. 19, 2024, replacing David McFadden, whose term on the Board ended in December 2024. Mr. Topp's term on the Board ends on June 27, 2026, or the effective date of the appointment of a successor. Deputy Mayor Jennifer McKelvie and Councillor Dianne Saxe were re-appointed as directors of Toronto Hydro by City Council on Dec. 17, 2024, with each of their terms and that of Councillor Chernos Lin lasting until Nov. 14, 2026, or the effective date of the appointment of a successor. On Jan. 2, 2025, Toronto Hydro issued 14 common shares to the City for total proceeds of $25.0 million in relation to an annual equity contribution from the City. On Feb. 26, 2025, Toronto Hydro's Board of Directors declared a dividend in the amount of $15.0 million with respect to the first quarter of 2025, which is payable to the City by Mar. 31, 2025. QUICK FACTS QUOTE 'Toronto Hydro is proud to have had another year of strong financial performance in which we continued to provide meaningful value to our customers and shareholder. As we look forward to 2025, we're committed to continuing to invest in expanding, modernizing and sustaining the grid and our operations to meet the current and future needs of our customers and our city.' - Jana Mosley, President and CEO, Toronto Hydro ABOUT TORONTO HYDRO Toronto Hydro is a holding company which wholly owns two subsidiaries: Toronto Hydro-Electric System Limited (THESL) – distributes electricity; and Toronto Hydro Energy Services Inc. – provides streetlighting and expressway lighting services in the city of Toronto The principal business of Toronto Hydro and its subsidiaries is the distribution of electricity by THESL, which owns and operates the electricity distribution system for Canada's largest city. Recognized as a Sustainable Electricity Leader™ by Electricity Canada, it has approximately 796,000 customers located in the city of Toronto and distributes approximately 18 per cent of the electricity consumed in Ontario. SOCIAL MEDIA ACCOUNTS X: Facebook: FORWARD-LOOKING INFORMATION Certain information included in this news release constitutes 'forward-looking information' within the meaning of applicable securities legislation. All information, other than statements of historical fact, which address activities, events or developments that we expect or anticipate may or will occur in the future, are forward-looking information. The words 'anticipates,' 'believes,' 'budgets,' 'can,' 'committed,' 'continual,' 'could,' 'estimates,' 'expects,' 'focus,' 'forecasts,' 'further notice,' 'future,' 'impact,' 'increasingly,' 'intends,' 'may,' 'might,' 'objective,' 'once,' 'ongoing,' 'outlook,' 'plans,' 'propose,' 'projects,' 'schedule,' 'seek,' 'should,' 'trend,' 'will,' 'would,' or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. The purpose of the forward-looking information (including any financial outlook) contained herein is to provide Toronto Hydro's current expectations regarding its future results of operations, performance, business prospects and opportunities, and readers are cautioned that such information may not be appropriate for other purposes. All forward-looking information is given pursuant to the 'safe harbour' provisions of applicable Canadian securities legislation. Specific forward-looking information in this news release includes, but is not limited to, statements regarding the payment of dividends to the City of Toronto as shareholder and Toronto Hydro's continuing investments in its grid, including those outlined in its 2025–2029 investment plan. The forward-looking information reflects Toronto Hydro's current beliefs and is based on information currently available to Toronto Hydro. The forward-looking information is based on estimates and assumptions made by Toronto Hydro's management in light of past experience and perception of historical trends, current conditions and expected future developments, as well as other factors that management believes to be reasonable in the circumstances, including, but not limited to: the amount of indebtedness of Toronto Hydro; changes in funding requirements; the future course of the economy and financial markets; no unforeseen delays and costs in Toronto Hydro's capital projects; no unforeseen changes to project plans; compliance with covenants; the receipt of favourable judgments; no unforeseen changes in electricity distribution rate orders or rate-setting methodologies; no unfavourable changes in environmental regulation; the ratings issued by credit rating agencies; the level of interest rates; Toronto Hydro's ability to borrow; and assumptions regarding general business and economic conditions. Forward-looking information is subject to risks, uncertainties and other factors that could cause actual results to differ materially from historical results or results anticipated by the forward-looking information. The factors which could cause results or events to differ from current expectations include, but are not limited to: risks associated with the execution of Toronto Hydro's capital and maintenance programs necessary to maintain the performance of aging distribution assets and make required infrastructure improvements, including to deliver a modernized grid and meet electrification requirements to achieve government net-zero greenhouse gas (GHG) emissions targets; risks associated with capital projects; risks associated with changing weather patterns due to climate change and resultant impacts to electricity consumption based on historical seasonal trends, terrorism and pandemics, and Toronto Hydro's limited insurance coverage for losses resulting from those events; risks of changing government policy and regulatory requirements, including in respect of climate change and the energy transition; risks of municipal government activity, including the risk that the City could introduce rules, policies or directives, including those relating to net-zero GHG emissions targets, that could potentially limit Toronto Hydro's ability to meet its business objectives as laid out in its Shareholder Direction principles; risks of Toronto Hydro being unable to retain necessary qualified external contracting forces relating to its capital, maintenance and reactive infrastructure programs; risk that Toronto Hydro is not able to arrange sufficient and cost-effective debt financing to repay maturing debt and to fund capital expenditures and other obligations; risk that Toronto Hydro is unable to maintain its financial health and performance at acceptable levels; risk that insufficient debt or equity financing will be available to meet Toronto Hydro's requirements, objectives or strategic opportunities; risk of downgrades to Toronto Hydro's credit rating; risks related to the timing and extent of changes in prevailing interest rates and discount rates and their effect on future revenue requirements and future post-employment benefit obligations; risks arising from inflation, the course of the economy and other general macroeconomic factors; risk associated with the impairment to Toronto Hydro's image in the community, public confidence or brand; risk associated with Toronto Hydro failing to meet its material compliance obligations under legal and regulatory instruments; and risks associated with market expectations with respect to increases in demand for electricity. Toronto Hydro cautions the reader that the above list of factors is not exhaustive, and there may be other factors that cause actual events or results to differ materially from those described in forward-looking information. Some of the other factors are discussed more fully under the heading 'Risk Management and Risk Factors' in Toronto Hydro's Management Discussion and Analysis for the years ended December 31, 2024 and 2023. All forward-looking information in this document is qualified in its entirety by the above cautionary statements. Furthermore, unless otherwise stated, all forward-looking information contained herein is made as of the date hereof, and Toronto Hydro undertakes no obligation to revise or update any forward-looking information as a result of new information, future events or otherwise, except as required by law.
