Latest news with #ECL
Time of India
9 hours ago
- Business
- Time of India
Union Minister Kishan Reddy commences two-day visit to Eastern Coalfields Limited
New Delhi: Union Minister of Coal and Mines, Government of India, G Kishan Reddy , began his two-day visit to Eastern Coalfields Limited (ECL) today. During his visit on 20 and June 21, the Minister will review operations at the Jhanjra Underground Mine and Sonepur Bazari OCP , inaugurate the Eco Park at Jhanjra named as 'Sindoor Park' to commemorate the recent successful ' Operation Sindoor ' and participate in the grand celebration of International Day of Yoga 2025 at the Eco Park, as stated in the release. The Minister will also inaugurate the newly constructed Mahudanga Rehabilitation Site, said the release. Additionally, extending support to local communities, Reddy will distribute appointment letters to candidates under compassionate employment as per NCWA guidelines and provide tricycles to people with disabilities at RN Colony, Sonepur Bazari Area, ECL. As part of his engagement, Reddy will hold interactive sessions with stakeholders across the mining ecosystem, including coal mine workers who have played a vital role in achieving the milestones for the organization. He will also visit Rehabilitation & Resettlement (R&R) sites to meet Project Affected Peoples (PAPs) and felicitate employees for exceptional performance. (ANI)
Hans India
11 hours ago
- Business
- Hans India
Union Minister Kishan Reddy on a two-day visit to ECL
Hyderabad: Union Minister of Coal and Mines, G Kishan Reddy, began his two-day visit to Eastern Coalfields Limited (ECL) on Friday, During his visit, the Minister will review operations at the Jhanjra Underground Mine and Sonepur Bazari OCP, inaugurate the Eco Park at Jhanjra named 'Sindoor Park' to commemorate the recent successful 'Operation Sindoor' and participate in the grand celebration of International Day of Yoga 2025 at the Eco Park. He will also inaugurate the newly constructed Mahudanga Rehabilitation Site. Further to extending support to local communities, he will distribute appointment letters to candidates under compassionate employment as per NCWA guidelines and provide tricycles to people with disabilities at RN Colony, Sonepur Bazari Area, ECL. As part of his role, Kishan Reddy will conduct interactive sessions with stakeholders throughout the mining sector. This includes coal mine workers who have been essential for achieving the organizational milestones. He will also visit Rehabilitation and Resettlement (R&R) sites to meet Project Affected People (PAPs) and commend employees for exceptional performance.
India Gazette
14 hours ago
- Business
- India Gazette
Union Minister Kishan Reddy commences two-day visit to Eastern Coalfields Limited
ANI 21 Jun 2025, 00:53 GMT+10 New Delhi [India], June 20 (ANI): Union Minister of Coal and Mines, Government of India, G Kishan Reddy, began his two-day visit to Eastern Coalfields Limited (ECL) today. During his visit on 20 and June 21, the Minister will review operations at the Jhanjra Underground Mine and Sonepur Bazari OCP, inaugurate the Eco Park at Jhanjra named as 'Sindoor Park' to commemorate the recent successful 'Operation Sindoor' and participate in the grand celebration of International Day of Yoga 2025 at the Eco Park, as stated in the release. The Minister will also inaugurate the newly constructed Mahudanga Rehabilitation Site, said the release. Additionally, extending support to local communities, Reddy will distribute appointment letters to candidates under compassionate employment as per NCWA guidelines and provide tricycles to people with disabilities at RN Colony, Sonepur Bazari Area, ECL. As part of his engagement, Reddy will hold interactive sessions with stakeholders across the mining ecosystem, including coal mine workers who have played a vital role in achieving the milestones for the organization. He will also visit Rehabilitation & Resettlement (R&R) sites to meet Project Affected Peoples (PAPs) and felicitate employees for exceptional performance. (ANI)
Business Standard
5 days ago
- Business
- Business Standard
ECLT10 Season 3 Auction Shatters Records with Historic Bids and Power-Packed Rosters
PRNewswire New Delhi [India], June 16: The ECLT10 Season 3 Auction, lived up to the hype and beyond as teams battled it out in an intense, high-stakes bidding war. With franchises' strategies on full display, the auction proved to be a game-changer for the league, setting the stage for what promises to be the most competitive and entertaining season in ECL history. The highlight of the evening was Lakhan Rawat, who shattered all previous records by becoming the most expensive player ever in the history of ECLT10. He was acquired by the Rajasthan Rangers for a staggering 2.9 crores ECL coins, making a bold statement about the team's championship ambitions. Among the major auction picks, Anuj Khurana was sold to the Haryanvi Hunters for 90 lakhs ECL coins. Known for his explosive presence at the crease, Khurana's addition significantly boosts the Hunters' batting arsenal. Ravindra Singh was picked up by the Kolkata Superstars for 70 lakhs ECL coins, a move that strengthens their top-order lineup with a player known for big-match temperament. The Rajasthan Rangers further solidified their dominance in the auction by acquiring Dev Mavii for 25 lakhs ECL coins and Dhruv Malik for 60 lakhs ECL coins. Both players are known for their consistency and clutch performances, adding depth and aggression to the Rangers' squad. Bangalore Bashers secured Shubham Singh for 55 lakhs ECL coins, a dynamic addition that enhances their middle-order strength. Meanwhile, the Lucknow Lions made headlines by signing Rajat Dalal, a strategic acquisition that adds valuable experience and firepower to their lineup. Additional noteworthy signings include Biksh Chetry, Karan Khandelwal, and Ansh Kukreja sold for 40 lakhs ECL coins, 15 lakhs ECL coins and 10 lakhs ECL coins, respectively. The teams and their captains for Season 3 reflect a mix of tactical minds and on-field leaders. Munawar Faruqui to head Mumbai Disruptors, and Elvish Yadav takes charge of Haryanvi Hunters. While Lakshya captains the Kolkata Superstars. Mahesh Keshwala (Thugesh) returns to head the Chennai Smashers, and Bangalore Bashers will be led by Abhishek Malhan. Harsh Gujral takes the reins at Dynamic Delhi, Rajat Dalal leads Lucknow Lions, as he transfers from Haryanvi Hunters. Commenting on the upcoming season 3, founder, ECLT10, Himanshu Chandnani, said,"ECL Season 1 and 2 proved that the fusion of cricket and digital creators has the power to create something truly unique. The response from fans was overwhelming and reaffirmed our belief in this new-age format. With Season 3, we're taking things to the next level with even more entertainment. Our goal is to make ECL the biggest digital sports league in the country." Adding to the closure of the event, founder, ECLT10, Anil Kumar mentioned,"With new additions like Harsh Gujaral, our most expensive player Lakhan Rawat joining in alongside our already established roster, we're building on the same incredible spirit from Season 1 and 2. We've pushed hard to make Season 3 even more dynamic, and we can't wait for the action to unfold. Our goal has always been to create an experience where fans feel truly connected to the game -- and this season takes that to the next level." With these strategic moves and record-breaking signings, ECLT10 Season 3 is poised to deliver unprecedented cricket entertainment. The fans can expect gripping rivalries, thrilling finishes, and a season full of unforgettable moments as the ECLT10 continues to redefine the boundaries between sports and digital stardom. About ECLT10 (Entertainers Cricket League T10) ECLT10 (Entertainers Cricket League T10) is India's leading digital-first cricket league, combining high-octane T10 cricket with the star power of the country's top social media influencers and entertainers. Since its inception, ECLT10 has redefined the cricket entertainment landscape by uniting traditional sports with the reach and influence of digital creators. Now in its third season, ECLT10 builds on that momentum with ten competitive franchises (including two exciting new entrants), record-breaking auction bids, and next-level fan engagement initiatives. Season 3 promises more jaw-dropping performances, deeper community integration via creator-driven activations, and an expanded broadcast footprint that will bring T10 action to even larger audiences. As the league continues to push boundaries in the creator-economy era, ECLT10 remains committed to delivering an immersive, must-watch spectacle that blends world-class cricketing talent with the vibrancy of India's digital entertainment ecosystem.
Business Upturn
5 days ago
- Business
- Business Upturn
Inside information, negative profit warning – Oma Savings Bank Plc lowers its earnings guidance for 2025
OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE, 15 JUNE 2025 AT 21:55 P.M. EET, INSIDE INFORMATION Inside information, negative profit warning – Oma Savings Bank Plc lowers its earnings guidance for 2025 Oma Savings Bank Plc (OmaSp or Company) lowers its earnings guidance for 2025 as the company's cost level is expected to remain high throughout the 2025 financial year due to investments in risk management and quality processes, increased headcount, and efforts to address the findings of the Financial Supervisory Authority's inspection. In addition, the update to the ECL model implemented during the first quarter has increased the level of credit loss provisions more than anticipated. Furthermore, fee and commission income is expected to grow more slowly than anticipated in the prevailing economic environment. OmaSp estimates that the Group's comparable profit before taxes is EUR 50-65 million for the financial year 2025. New business outlook and earnings guidance for 2025 are as follows (updated 15 June 2025): The outlook for the Company's business for the financial year 2025 is affected by the decline in market interest rates and the continued high level of costs due to IT investments and system improvements required by risk management and quality processes. In addition, the Company continues to invest in customer experience on different channels. The uncertainty of the operating environment and economic situation affects the development of balance sheet items and comparable profit for the financial year 2025. Oma Savings Bank Plc provides earnings guidance on comparable profit before taxes for 2025. Earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. Forecasts are based on the management's insight into the Group's business development. We estimate the Group's comparable profit before taxes to be EUR 50–65 million for the financial year 2025 (comparable profit before taxes was EUR 86.7 million in the financial year 2024). Previous business outlook and earnings guidance (published 5 May 2025): The outlook for the Company's business for the financial year 2025 is affected by the decline in market interest rates and the continued high level of costs due to IT investments and system improvements required by risk management and quality processes. In addition, the Company continues to invest in customer experience on different channels. The uncertainty of the operating environment and economic situation affects the development of balance sheet items and comparable profit for the financial year 2025. Oma Savings Bank Plc provides earnings guidance on comparable profit before taxes for 2025. Earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. Forecasts are based on the management's insight into the Group's business development. We estimate the Group's comparable profit before taxes to be EUR 65–80 million for the financial year 2025, with a clarification that the figure is expected to be below the mid-point of the range (comparable profit before taxes was EUR 86.7 million in the financial year 2024). Oma Savings Bank Plc Additional information: Karri Alameri, CEO, tel. +358 45 656 5250, [email protected] Sarianna Liiri, CFO, tel. +358 40 835 6712, [email protected] DISTRIBUTION: Nasdaq Helsinki LtdMajor media
