Latest news with #DAM


GMA Network
2 hours ago
- Entertainment
- GMA Network
SB19 performs in Hito Music Awards in Taiwan
SB19 just set the stage on fire during the 2025 Hito Music Awards in Taiwan! The P-pop Kings lit up the stage during the awards night with powerful performances of their hit songs "DAM," "DUNGKA!" and "GENTO." They also joined forces with Taiwanese boy band Ozone for a special collaboration of the group's track "World Top." Ozone also joined them for the "GENTO" dance break. SB19 previously appeared in Taiwanese show "Atom Boyz" Season 2 last year, where they also performed "GENTO." The group dropped their "Simula at Wakas" EP in April. They are gearing up for their "Simula at Wakas" tour stop in Taipei, Taiwan on June 29. The world tour kicked off at the Philippine Arena in Bulacan in May.


CairoScene
12-06-2025
- Entertainment
- CairoScene
Nawafiz: The All-Arab Festival Making Utrecht a Hotspot for MENA Music
A deeper look into Utrecht's all-Arab festival, providing a space for resistance, community, and regional sounds. Jun 12, 2025 At a time when censorship is intensifying and public expressions of Arab identity are increasingly suppressed, Utrecht's Nawafiz Festival has emerged as a crucial space for free expression and connection through music. With an all-Arab lineup, it offered not only a celebration of music but a gathering point for Arabic-speaking communities across the Netherlands and Europe. The 2025 edition brought together artists from across the SWANA region and its diaspora, not only to perform, but to speak, resist, and be seen. For the second year running, TivoliVredenburg opened its doors to an all-Arab program, making Nawafiz one of the few spaces in Europe where Arab voices are not tokenized, but placed at the forefront. Across four stages, the festival's line-up - co-curated by SceneNoise - showcased a vibrant spectrum of genres, from hard-edged rap and Egyptian mahraganat to experimental electronics, indie pop, jazz fusion, and late-night dabke. Artists like Ziad Zaza, Lina Makoul, Ahmed Eid, Double Zuksh, Lana Lubany, DAM, Narcy, and Noise Diva delivered standout sets, underscoring the depth and dynamism of the region's musical landscape. With this more ambitious second edition of the festival, Nawafiz is quickly becoming a vital platform for connecting SWANA artists with audiences across Europe, while celebrating the diversity and creativity flourishing in the region's music today. Watch the full Afterfilm from Nawafiz Festival here:
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Business Standard
11-06-2025
- Business
- Business Standard
IEX shares crash 10% on market coupling buzz; what should investors do?
IEX share price today: Indian Energy Exchange (IEX) witnessed a sudden decline in its share price on Wednesday, June 11, 2025. IEX shares tumbled 10.2 per cent today, hitting an intraday low of ₹188.5 per share on the BSE amid heavy volumes. The sudden decline in IEX share price came amid a report that Power Minister Manohar Lal could apprise all the relevant stakeholders on market coupling and its associated benefits. A report by TV channel CNBC TV18 said that market coupling would happen through a broad bid, and not any internal bid. Business Standard could not independently verify the report. At 3:05 PM, IEX stock was trading 7.8 per cent lower at ₹193.2 per share, weighed by 3.17 million volumes on the BSE. By comparison, around 1.5 million shares, on average, changed hands on the counter over the past two weeks. Combined with the volumes on the National Stock Exchange (NSE), around 69.21 million shares have changed hands on both the exchanges so far in trade. In the derivatives market, put options for IEX scrip jumped three-fold the average. This was the stock's biggest one-day decline in 15 weeks. What is market coupling? Market coupling is a process through which buy and sell bids from all the three power exchanges -- IEX, Power Exchange India Limited (PXIL), and Hindustan Power Exchange Limited (HPX) -- will be aggregated to arrive at a single market clearing price (MCP). At present, each power exchange collects their own buy and sell bids to arrive at a MCP of its own. This leads to variation in the price of electricity on each exchange. Market coupling process, in the electricity markets, aims to unify power trading platforms to ensure efficiency, transparency, and price discovery across interconnected markets. At present, India is exploring market coupling through a central entity, likely Grid-India, to unify price discovery for the Day-Ahead Market (DAM) and other segments. How will market coupling affect IEX? While market coupling is beneficial from consumer point of view as it will encourage more competition and transparency in the electricity prices, while improving liquidity across exchanges to reduce price volatility. Investors, typically, sell IEX shares due to market coupling fears as the exchange has a dominant market share of around 90 per cent in the electricity market. A level playing field across exchanges would threaten the influence it has in the price discovery mechanism. That apart, any shift in volumes or trade preference from IEX to other power exchanges could adversely affect IEX's revenue due to lower fee income. IEX share price history Over the past one month, IEX share price has surged around 11 per cent on the BSE as against a 4 per cent rise in the benchmark Sensex index. From its 52-week low level of ₹151 per share, the stock is up 39 per cent. IEX stock analysis: should you buy or sell IEX shares? According to analysts at Reliance Securities, the recent uptrend in IEX stock had helped it breach the previous resistance line on the daily chart. The stock's 10-day moving average line is well above the 21-day moving average line, indicating a bullish trend. Further, the Relative Strength Index (RSI) is showing a strong upward movement, reaching 73.18. The level is still below the 'overbought' threshold of 80. "Investors may consider taking an entry position at the current market price (CMP), as the stock could provide an opportunity for further upside movement. The Risk to Reward Ratio is favorable at 1: 1.60," the brokerage said in a note on Wednesday. The brokerage suggests investors buy IEX stock at current levels with a stop loss of ₹186. Their two-month share price target on the stock is ₹224, followed by ₹251. Fundamentally, JM Financial Institutional Equities has initiated coverage on IEX stock with a 'Buy' rating and a share price target of ₹231 as it believes the risk-reward is not in the favour the regulators who wish to implement market coupling (MC) to centralise scheduling and dispatch of power and reduce costs. Meanwhile, demand for power, both energy and peak power, in India has grown at an unprecedented rate of 8.5 per cent during FY21-24 vs the historical average of 4.5-5.5 per cent. It is projected to grow at a CAGR of more than 6 per cent during FY24-32. Further, the share of renewables (solar, wind) in total generation has increased from 10 per cent in FY20 to 14 per cent in FY25, and it is likely to increase to 24 per cent/35 per cent by FY27/FY32. IEX's revenue, meanwhile, grew from ₹198.6 crore in FY17 to ₹537.3 crore in FY25, registering a CAGR of 13 per cent, broadly in line with the growth in the power exchange market, which expanded at a CAGR of 15 per cent from FY17-FY24. During the same period, the company's Ebitda increased from ₹143.5 crore in FY17 to ₹453.7 crore in FY25, with Ebitda margin improving from 72 per cent to 84 per cent. "With rising power demand and an increasing share of exchange-based transactions in the total electricity market, we expect the volume traded through the exchange to grow at a CAGR of 13 per cent during FY25-28. This is estimated to drive growth in revenue, and PAT at CAGRs of 16 per cent and 14 per cent, respectively, over the same period," JM Financial said.


GMA Network
04-06-2025
- Entertainment
- GMA Network
SB19 dedicates appreciation message for A'TIN after Philippine Arena concerts
SB19 is deeply grateful to A'TIN following their two-night show at the Philippine Arena last weekend. The P-Pop Kings posted a highlight reel of their concerts on Instagram, and said A'TIN has been there for them since the start of their journey. 'From just a small crowd to now seeing a whole ocean in front of us, no stage is ever too small, no dream is ever too big, as long as you're with us,' the band said. 'We wouldn't be here without you, A'TIN. Maraming salamat sa patuloy na pagsabay sa aming mga pangarap,' they added. 'Magkita-kita tayo soon sa next stops ng Simula at Wakas World Tour!' SB19 dropped their EP 'Simula at Wakas' in April which includes the songs 'DAM' and 'DUNGKA!' The group will have their world tour across 18 cities in Asia and the Pacific, the Middle East, and North America. —Nika Roque/JCB, GMA Integrated News
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GMA Network
04-06-2025
- Entertainment
- GMA Network
TikToker-pharmacist Arshie Larga brings driver to SB19's Simula at Wakas concert
Arshie Larga made hearts melt with his thoughtful gesture during SB19's Simula at Wakas concert at the Philippine Arena last weekend. The TikToker-pharmacist said in a TikTok video that he rented a car and hired a driver for the event. Arshie had an extra ticket so he asked his driver, whom he simply called Sir, if he wanted to watch. The driver said yes. The video showed the driver talking about wanting to watch a show at the largest arena and Arshie said, 'Ayan, mararanasan mo na.' Arshie added in the comments section, 'Naisip ko lang din kasi na instead maghintay si Sir sakin sa parking, bakit di ko na lang isama manuod. Buti pumayag naman.' In the clips that Arshie shared, the driver could be seen bobbing his head to the music and taking videos. 'During the concert, lagi syang nagvi-video tapos sinesend nya sa anak nya kasi never pa daw nakanuod ng concert. KUNG ALAM KO LANG TALAGA!' Arshie said. On their way home, the driver said he cried to SB19's song 'MAPA' because he remembered his parents who passed away. He also said he was happy to watch a concert again. As of this writing, Arshie's video has 3.7 million views, 751,800 likes, and 6,871 comments. SB19 member Stell said, 'ARSHIE' with a teary-eyed emoji. Justin also reposted the video. SB19 dropped their EP 'Simula at Wakas' in April which includes the songs 'DAM' and 'DUNGKA!' Over the weekend, the P-Pop Kings kicked off their Simula at Wakas World Tour with a two-night concert at the Philippine Arena. SB19 will have their world tour across 18 cities in Asia and the Pacific, the Middle East, and North America. —Nika Roque/JCB, GMA Integrated News