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Lineman Review: A well-intentioned but superficial rural social drama

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Lineman Review: A well-intentioned but superficial rural social drama


Former President and renowned scientist Dr APJ Abdul Kalam always spoke about how the ‘untapped’ potential of the youth of India should be utilized properly to make India a developed country. He constantly urged youngsters to dream and stated that developed India will be a network of prosperous villages and not cities. In one of his speeches at the IAS Officers’ Academy, Dr Kalam spoke about a young man from a Thoothukudi village and his scientific innovation which is what the Tamil film Lineman is all about. (Also read: Amaran review: Sivakarthikeyan and Sai Pallavi shine in Rajkumar Periasamy’s well-crafted tribute to the armed forces)

Lineman review: Despite tackling issues like abuse and corruption, the film lacks depth and emotional connection.
Lineman review: Despite tackling issues like abuse and corruption, the film lacks depth and emotional connection.

The plot

Based on a real story, Lineman, directed by debutant M Udhayakumar, narrates the story of Senthil (debutant Jegan Balaji), a young man living in Kambikattu village in Thoothukudi district, Tamil Nadu. The entire village works in the salt pans for eight months of the year to earn their livelihood and for the remaining four months, borrow money from the owner of the salt pans, Thalamuthan, to survive. Senthil’s father, Subbiah (Charle), is in a slightly better position as he is an electric lineman in the government electricity department and manages to make Senthil a mechanical engineer. However, the road for Senthil and this village is not easy – the village has no proper roads, no transport and is at the mercy of Thalamuthan. (Also read: I Am Kathalan review: Naslen Gafoor’s love story featuring techno crime is just timepass)

Now Thalamuthan, who supplies salt to the chemical factories in the surrounding area, is known to steal electricity for his salt pans which results in numerous deaths due to constant work on the electrical lines by the linemen. Senthil’s mother, too, died due to an electric shock because of these illegal lines and Subbiah’s constant endeavour is to tackle the illegal theft of electricity. Meanwhile, Senthil develops a device called the auto-sun switch where the street lights come on when the sun sets and turn off when the sun rises, thus reducing the dangers to the linemen. The entire movie is about how Senthil struggles to get his project approved by the collector and constantly petitions for the chief minister of Tamil Nadu to assess his project and implement it to save lives. But Thalamuthan and his coterie try everything from threats to murders to prevent this. What happens finally? (Also read: Pani review: Joju George’s violent gangster flick may be old wine in new bottle but is a good directorial debut)

What works and what doesn’t

Lineman revolves around Senthil and Subbiah and the difficulties of the men and women in the village. It ranges from a powerful and abusive landowner, patriarchy, domestic violence, corrupt government officials, corrupt companies, and so on. While on one hand Senthil is trying to get his project sanctioned and writes hundreds of letters to government officials, he is not fully vested in the issues of those working in the salt pans. Those working in the salt pans try to protest against their working conditions but that is not explored in depth either. And this is the core problem with the film. The director doesn’t delve deep enough into these aspects and connect them seamlessly.

While the death of Senthil’s mother may be the reason why he develops the auto-sun switch, the emotional connect is never established. Thus, Senthil comes across as more selfish in trying to achieve his dream rather than working in tandem with the people of Kambikattu to alleviate their problems because he is not an activist either.

Lineman is a well-intentioned rural social drama but it sadly remains superficial and doesn’t engage you enough.

Lineman is now streaming on Aha OTT platform.


Microsoft Copilot Pro Rolled Out Globally; Know Its Price in India, Features

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Microsoft Copilot Pro Rolled Out Globally; Know Its Price in India, Features


Microsoft Copilot Pro, the premium tier of the company’s artificial intelligence (AI) platform, is now available in 222 countries, including India. The tech giant announced on Thursday that the chatbot-based AI suite is available to individuals as well as small and medium-sized organisations. Copilot Pro was first introduced in January 2024 in select markets as a higher tier of Microsoft’s AI offerings and it bundled the access of AI in Microsoft 365 web apps along with it. Notably, the Windows OS maker recently upgraded the free version of Copilot with the GPT-4 Turbo model.

Microsoft Copilot Pro price in India

The Microsoft Copilot Pro, the premium tier of the AI platform has been set at the price of Rs. 2,000 per user per month. Individual users will have to pay the base price whereas businesses will have to pay the cumulative amount for all the users they want to make the AI tool available to. The platform will be available on the web, as well as on iOS and Android. The company is also offering a one-month free trial on the Copilot mobile apps.

Microsoft Copilot Pro features

Copilot Pro’s main attraction is the access to Copilot on the Microsoft 365 web apps. These include Word, Outlook, Excel, PowerPoint and other web platforms, eliminating the need to separately purchase a subscription for the same. However, to access the AI tool in dedicated desktop apps for PC and Mac, a Microsoft 365 Personal or Family subscription will still be required. The tech giant also said that the feature will be extended to free mobile apps such as the Microsoft 365 app and Outlook for iOS and Android in the coming months.

Coming to its core offerings, the Microsoft Copilot Pro will offer its subscribers priority access to its latest AI models. Currently, only Pro users have the option to toggle between GPT-4 and GPT-4 Turbo. The premium platform also comes with improved AI image creation capabilities and will provide users with 100 boosts per day.

Further, users can also create and share customised Copilot GPTs. These are similar to GPTs in ChatGPT Plus which allows you to create a mini chatbot with limited data and a specific purpose. These can be created using natural language prompts.


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Happy Birthday Kartik Aaryan: 'The Man of The Year' With Chandu Champion’s Praise & Bhool Bhulaiyaa 3’s Box Office Triumph!

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Happy Birthday Kartik Aaryan: 'The Man of The Year' With Chandu Champion’s Praise & Bhool Bhulaiyaa 3’s Box Office Triumph!


New Delhi: Kartik Aaryan is celebrating his birthday today (22 November), marking another year of success in Bollywood. Known for his remarkable career, Kartik has evolved into one of the most versatile actors of his generation.

From his breakout role in ‘Pyaar Ka Punchnama’ to delivering power-packed performances in films like ‘Sonu Ke Titu Ki Sweety,’ ‘Luka Chuppi,’, ‘Bhool Bhulaiyaa 2, and Bhool Bhulaiyaa 3” he has showcased his range in both comedy and intense roles.

From delightful rom-coms to gripping thrillers, Kartik Aaryan has consistently demonstrated his versatility, cementing his place as one of Bollywood’s most dynamic stars. Seamlessly transitioning from light-hearted comedies to intense, layered roles, he has shattered typecasting stereotypes, proving himself as a powerhouse performer with remarkable range.

Kartik Aaryan has truly owned the spotlight this year, delivering two back-to-back hits that have solidified his standing as a leading force in Bollywood. With the emotionally stirring *Chandu Champion* earning critical praise and the smashing success of *Bhool Bhulaiyaa 3* breaking box office records, Kartik has showcased his unique ability to blend artistic depth with mass appeal. This winning streak highlights his evolution as a performer and his growing influence in the industry.

Kartik Aaryan’s dedication shone brightly with ‘Chandu Champion’, earning widespread acclaim as his most impactful performance yet. Critics praised his portrayal, lauding it as a career-defining act. The film’s success was crowned with Kartik receiving multiple accolades, including the ‘Best Actor Award’ at the esteemed Indian Film Festival of Melbourne. This milestone underscored his growth as an actor unafraid to take on complex, demanding roles, further cementing his reputation in the industry.

After the critical acclaim of ‘Chandu Champion’, Kartik Aaryan made a triumphant return to his trademark genre with ‘Bhool Bhulaiyaa 3’. The much-awaited sequel turned into a box-office juggernaut, amassing over ₹200 crore domestically and surpassing ₹300 crore worldwide. This blockbuster success marked a pivotal moment in Kartik’s journey, making him the youngest actor to achieve the prestigious ₹200 crore milestone, solidifying his status as a true crowd-puller.

The success of ‘Bhool Bhulaiyaa 3’ was a testament to Kartik Aaryan’s relentless dedication. He undertook an ambitious 34-day promotional tour, covering 12 cities across India, connecting with fans, and creating unparalleled buzz for the film. The excitement was electric, with audiences flocking to theaters in massive numbers. Kartik’s performance in the horror-comedy masterfully blended humor and suspense, resonating with longtime admirers while captivating a fresh wave of viewers.

 Kartik Aaryan ‘THE MAN OF THE YEAR’

Achieving both critical acclaim and commercial dominance in a single year is a rare accomplishment, but Kartik Aaryan pulled it off effortlessly. While ‘Chandu Champion’ highlighted his unwavering commitment to his craft, *Bhool Bhulaiyaa 3* solidified his status as a box-office sensation. These back-to-back triumphs have made 2024 a landmark year for Kartik, earning him the rightful recognition as Bollywood’s “Man of the Year.”


 

 


Redmi K80 Pro AnTuTu Score, Display Details Revealed Ahead of Launch; to Get Snapdragon 8 Elite SoC

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Redmi K80 Pro AnTuTu Score, Display Details Revealed Ahead of Launch; to Get Snapdragon 8 Elite SoC


Redmi K80 Pro will launch in China on November 27 alongside the vanilla Redmi K80. The company has teased some features of the upcoming smartphones previously. Now, details including display, build and chipset of the Pro variant have been revealed. Redmi has announced the phone’s AnTuTu score as well. The Redmi K80 and K80 Pro are expected to succeed the Redmi K70 and Redmi K70 Pro, which were introduced in China in November 2023, alongside a Redmi K70E variant. A company official has confirmed that the upcoming K80 lineup will not include a K80E option.

Redmi K80 Pro AnTuTu Score, Features

The Redmi K80 Pro appears to have an AnTuTu score of 31,94,766, according to a Weibo post by the company. The post reveals that the handset will be powered by a Snapdragon 8 Elite “Extreme Edition” SoC paired with a dedicated D1 graphics chip. The phone will have “dual-looped 3D ice-sealed heat dissipation” cooling technology and a “Gaming Engine 4.0.”

In another post, Redmi confirmed that the 2K display of the K80 Pro will support a stable, high frame rate of 120FPS (frames per second) and consume 5.4W power. This is said to help users have a lag-free “high-performance” gaming experience. 

The Redmi K80 Pro display will get Xiaomi’s Dragon Crystal Glass 2.0 protection as well, according to another post by the brand. This post states that the phone will come with IP68 and IP69 ratings for dust and water resistance. The handset is set to come with an in-display ultrasonic fingerprint sensor for security.

Previously, the Redmi K80 Pro was teased to be available in a Snow Rock White shade. The Redmi K80 series phones are confirmed to get 2K resolution displays and run on Android 15-based HyperOS 2.0.

In the camera department, the Redmi K80 Pro is expected to be equipped with a triple rear camera unit including a 50-megapixel Omnivision OV50 primary sensor, a 32-megapixel ultra-wide angle sensor, and a 50-megapixel telephoto shooter with 2.6x optical zoom.

Earlier leaks claim that the Redmi K80 series will likely get 120Hz 6.67-inch displays. The base model with a 6,500mAh cell is expected to support 90W wired and 30W wireless charging, while the Pro variant with a 6,000mAh battery may come with support for 120W wired and 50W wireless charging. The vanilla handset could get a Snapdragon 8 Gen 3 chipset.


Here's Jason: Kelce will host late-night show on ESPN beginning final week of NFL season

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Here's Jason: Kelce will host late-night show on ESPN beginning final week of NFL season


Jason Kelce will try his hand at late-night television early next year.

Here's Jason: Kelce will host late-night show on ESPN beginning final week of NFL season
Here’s Jason: Kelce will host late-night show on ESPN beginning final week of NFL season

Kelce announced during an appearance on ABC’s “Jimmy Kimmel Live!” on Thursday night that he will host “They Call It Late Night with Jason Kelce,” on ESPN. The one-hour show will tape on five straight Friday nights beginning Jan. 3. That coincides with the last week of the NFL’s regular season and the playoffs.

The show will originate in front of a live audience from Union Transfer in Philadelphia. The first four episodes will air at 1 a.m. EST starting on Jan. 4 with the final episode coming on at 1:30 a.m. EST on Feb. 1.

“I loved late-night shows, I’ve always loved them. I remember sleepovers watching Conan O’Brien with my friends,” Kelce said on Kimmel’s show. “We’re going to have a bunch of guys up there — legends of the game, friends that I played with, coaches, celebrities,” Kelce said.

The Philadelphia-based band Snacktime will provide the show’s music.

The show’s title is a homage to “They Call it Pro Football,” which was NFL Films’ first full-length film in 1967. NFL Films originated in Philadelphia and founders Ed and Steve Sabol are in the Pro Football Hall of Fame. It also featured the legendary voice of John Facenda, who did the news on Philadelphia television before becoming better known as the voice of NFL Films.

NFL Films will produce the show in conjunction with Kelce’s Wooderboy Productions and Skydance Sports.

Each episode will also be also seen on Replays airing on ESPN2, and also be available on ESPN , ESPN’s YouTube channel and the Jason Kelce channel on YouTube.

Kelce is in the first year of a multi-year agreement with ESPN. He appears on the network’s “Monday Night Countdown” show as well as providing halftime and postgame analysis. He played 13 years for the Philadelphia Eagles before retiring at the end of last season and was the most sought-after former player by networks. He participated in last year’s NFL Broadcasting and Media Workshop, which used to be known as the “Broadcast Bootcamp.”

Kelce has made news lately, though, for other reasons.

He was involved in a confrontation with a fan in State College, Pennsylvania, before the Penn State-Ohio State game on Nov. 2, when a fan heckled Kelce and appeared to shout an anti-gay slur about his brother, Kansas City Chiefs tight end Travis Kelce, for dating pop star Taylor Swift. Video showed Kelce grabbing the fan’s phone and throwing it to the ground.

Kelce apologized about the incident on ESPN on Nov. 4.

On Thursday night an autograph seeker verbally confronted Kelce outside the El Capitan Entertainment Center in Hollywood, where “Jimmy Kimmel Live!” is taped.

Video obtained by TMZ shows Kelce explaining that he doesn’t sign autographs for people that follow where he is going. After being shouted at for over two minutes, Kelce eventually got out of the car and signed autographs, including shaking the hand of a man who was berating Kelce with obscenities.

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This article was generated from an automated news agency feed without modifications to text.


Asus ROG Ally X With 120Hz Display, Larger 80Wh Battery Launched in India: Price, Specifications

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Asus ROG Ally X With 120Hz Display, Larger 80Wh Battery Launched in India: Price, Specifications


Asus ROG Ally X was launched in India on Monday. The handheld gaming device was introduced globally at Computex 2024 in June, boasting specifications such as a 7-inch 120Hz display and an AMD Ryzen Z1 Extreme CPU. It is the successor to the Asus ROG Ally (review), which debuted in April last year, and is claimed to pack significant upgrades, the most notable of which is a larger battery – one of the biggest areas of complaint with its predecessor.

Asus ROG Ally X Price in India

Asus ROG Ally X price in India has been set at Rs. 89,900 and will be available starting today in a single colourway: black. The handheld gaming device can be purchased from Asus ROG Store, Eshop, Flipkart, Amazon, and also via offline channels.

Asus ROG Ally X Specifications

Asus ROG Ally X carries similar specifications as its global counterpart. It sports a 7-inch full-HD touchscreen IPS display with a refresh rate of 120Hz and a 7ms response time. Asus claims this screen has a peak brightness of up to 500 nits and has 100 percent sRGB coverage. For protection, it has Corning Gorilla Glass Victus on top. To tackle issues such as screen tearing, the company has equipped the gaming handheld with AMD’s FreeSync Premium technology.

In terms of dimensions, the Asus ROG Ally X measures 28.0 x 11.1 x 2.47 and weighs 678g. It is powered by a 4nm AMD Ryzen Z1 Extreme chipset under the hood, featuring a Zen 4 architecture with 8 cores and a peak clock speed of 5.10 GHz. The processor is paired with an RDNA 3 GPU and 24GB of LPDDR5X dual-channel on-board RAM. In terms of storage, it is equipped with a 1TB PCIe 4.0 NVMe M.2 SSD that is expandable up to 4TB. The device runs on Windows 11.

For an enhanced gaming experience, the Asus ROG Ally X features a dual-speaker system with Smart Amplifier Technology and support for Dolby Atmos. Additionally, its in-built array microphone gets Hi-Res certification and comes with AI noise cancellation technology.

In terms of connectivity, the Asus Ally X gets a Thunderbolt 4 port with DisplayPort support, a USB 3.2 Gen 2 Type-C port, a 3.5mm headphone jack, and a UHS-II microSD card reader. It also supports Wi-Fi 6E and Bluetooth 5.2 technologies. The handheld is backed by an 80Wh 4-cell Li-ion battery – double the capacity offered by its predecessor. The gaming device supports 65W charging via USB Type-C.


Samsung’s New ISOCELL ALoP Camera Technology Could Result in Slimmer Camera Bumps

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Samsung’s New ISOCELL ALoP Camera Technology Could Result in Slimmer Camera Bumps


Samsung has introduced a new camera technology which aims to revolutionise the smartphone market by eliminating chunky camera bumps while maintaining similar brightness levels. The technology, dubbed All Lenses on Prism (ALoP), has been developed by Samsung Semiconductor which employs a large set of telephoto lenses without having to incur the space they require. Samsung claims it as a future telephoto camera solution for capturing portrait photos in day and night situations without any change in the quality on smartphones with a compact camera module.

Samsung’s ISOCELL ALoP Technology Explained

According to Samsung, traditional camera units housing a telephoto sensor usually utilise a folded telephoto camera structure that uses a prism and has a lens set placed between the prism and image sensor. Its height determines the width of the camera bump due to the lenses standing vertically with respect to the plane of the smartphone’s body.

However, this structure is said to bring limitations, especially when it comes to brightness improvements which may require a bigger lens that would potentially result in an even larger camera bump.

Samsung says its new ALoP technology mitigates this dilemma by placing the lenses horizontally upon the prism. It employs a 40-degree tilted prism reflection surface and a 10-degree tilted sensor assembly. This enables makers to increase the brightness levels by increasing the lens diameter and the related effective lens size (EPD) without affecting the shoulder height of the camera module. In essence, smartphones can have lenses with a larger aperture without increasing the camera bump size.

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The new ALoP technology can reduce camera module length by 22 percent
Photo Credit: Samsung

ALoP Technology Benefits

The new lens technology can accommodate an f/2.58 lens aperture at a focal length of 80mm, Samsung said. In contrast with folded camera optics, ALoP places the lens ahead of the prism and can use larger apertures for low-noise portrait images in darker conditions.

The company also claimed that ALoP technology can lead to a reduction of up to 22 percent in the camera module length as compared to conventional folded camera optics. Courtesy of the tilted prism reflection surface and sensor assembly, the smartphone can have a slimmer body with a lower-profile camera unit at the rear.

The new ISOCELL technology is also claimed to improve aesthetics by ensuring that only circular lens shapes are visible instead of rectangular prism. And the effective reduction in size for large camera bumps, which makes the phone harder to use on flat surfaces, will lead to a sleeker, more ergonomic phone design, Samsung said.


LinkedIn to Add Games to Its Platform That Will Rank Firms Based on Employees Scores: Report

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LinkedIn to Add Games to Its Platform That Will Rank Firms Based on Employees Scores: Report


LinkedIn, the Microsoft-owned professional social media platform, is working on diversifying its offerings beyond job searches and business networking. The company is reportedly going to add games to the platform to increase user engagement. LinkedIn would be the latest in the line of several social media platforms like Facebook and YouTube that have experimented with adding in-app games.

According to a TechCrunch report, LinkedIn is working on bringing several puzzle-based games on the app, three of which are called “Queens”, “Inference” and “Crossclimb.” The social media platform confirmed its gaming plans to the publication, but did not reveal a launch window for the upcoming games.

“We’re playing with adding puzzle-based games within the LinkedIn experience to unlock a bit of fun, deepen relationships, and hopefully spark the opportunity for conversations,” the report quoted a LinkedIn spokesperson as saying.

Nima Owji, an app researcher, also found evidence of in-app LinkedIn games, posting screenshots on X (formerly Twitter) that suggest that companies on the platform will be ranked in the games based on the scores of their employees. The screenshots showcase three games — “Blueprint”, “Queens” and “Crossclimb,” all of which seem puzzle-based games.

While LinkedIn confirmed its plans to offer games to its users, there are no details yet about the number and genre of games that will be available on the platform. The games could likely be offered as part of LinkedIn Premium subscription.

Earlier this month, LinkedIn disclosed sales figures for its premium subscription for the first time, confirming that the service reached $1.7 billion (roughly Rs. 14,091 crore) in revenue in 2023 after the company added AI tools to the platform.

In November last year, YouTube introduced “Playables” game arcade, collection of over 30 arcade games that can be played on the YouTube app on iOS, Android and Web, for its premium subscribers.


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I Want To Talk review: Abhishek Bachchan shines in Shoojit Sircar's drama about mortality

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I Want To Talk review: Abhishek Bachchan shines in Shoojit Sircar's drama about mortality


Indian cinema, till date, has had a lot of stories centred on fathers: revenge dramas, comedies, actioners… but seldom one about a terminally ill man who wishes to reconnect with his daughter. (Also read: The Whale movie review: Masterful, moving performances by Brendan Fraser and Hong Chau clash with an overdone story)

Abhishek Bachchan plays the lead in I Want to Talk.
Abhishek Bachchan plays the lead in I Want to Talk.

While the one liner of I Want To Talk forces one to compare it to the 2022 acclaimed Hollywood film The Whale, there’s a big difference here: I Want To Talk is based on a real story, The Whale was not.

The plot

Abhishek Bachchan plays Arjun Sen, a marketing professional, who is diagnosed with last stage cancer, and he is told by doctors he has about 100 days to live. Naturally worried, he starts spending more time with his daughter Reya (younger version played by Pearle Dey) as his divorce with his wife Indrani is finalised. He even thinks of ending it all one day, only to be convinced otherwise by his nurse, Nancy. And what gives him hope is a request by his daughter: she wants to dance with him at her wedding in the future.

Shoojit Sircar, the director, is in no hurry with I Want To Talk. It’s an indulgent film, which takes its own sweet time to move the story forward. The first half is about Arjun’s struggle to come to terms with being a patient (both as a noun and a verb), and forces you to think: what would you do if you were given just a few months to live, one fine day?

The diagrams Arjun prefers to be explained his surgeries on, him feeling like a medical ‘project’- and the doctor reaffirming his belief- it catches you off guard simply because all this isn’t something you discuss at the dinner table. Shoojit and his screenplay-dialogue writer Ritesh Shah have lent a lighter tone to a serious situation, which some viewers might take time to process. Yours truly laughed at a point, while the theatre was silent. Maybe it’s this belief that Sircar targets: what if you look at the brighter side of things, even when it’s all bleak?

The winning blend

The second half of the film thankfully wears its light heartedness on it’s sleeve- and Johnny Lever’s casting (as Johnny) has a lot to do with it. The man brings a smile to your face with his mere presence, and gets a couple of terrific lines which crack you up. Bachchan, too, has immersed himself in his role as Arjun, who is initially scared of one surgery, but later gets obsessed with them. He has survived 19! His equation with his doctor Jayanta Deb (Jayant Kriplani) is also a highlight- the chemistry the two share also infuses a lot of enthusiasm into the story.

Bachchan fully utilises his real life demeanour as a chill guy with some of the best one liners in the room, for his character. “Speaking in between when two Sens are talking is ‘inSensitive’”- he tells his daughter’s boyfriend. I couldn’t help but spot Abhishek’s father Amitabh’s own portrayal of an ageing father in Piku here, who is involved, to a fault, in his daughter’s life.

There are pacing issues with I Want To Talk. The first half is apt, with a conflict at hand and Arjun’s plan of action. The second half however is unnecessarily stretched initially, and almost wears you out. It ends on a good, hopeful note though. What stays is the title and irony: his daughter, in a voiceover towards the end, wishes she could have a heart to heart with her dad just once. Then whose perspective is the title, from? Reya or her dad Arjun? I want to think.


NTPC green energy’s $1.2 billion IPO fully sold on last day

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NTPC green energy’s .2 billion IPO fully sold on last day


NTPC green energy’s $1.2 billion IPO fully sold on last day

The $1.2 billion initial share offering of the renewable-energy arm of top Indian power producer NTPC Ltd. was fully sold on the last day of its sale as investors clamor for exposure to the rapidly expanding sector.
The demand for NTPC Green Energy Ltd. shares underlines the rush for new issuances in a country that’s been a global hotspot for dealmaking in recent months. The appetite for renewable energy stocks is particularly higher as the sector is a key part of the government’s ambitious net zero carbon agenda, with Waaree Energy’s $514 million IPO seeing a nearly 56% jump in its trading debut in Mumbai.
The sale comes against a weak market backdrop as foreign funds offload local shares. The indictment of billionaire Gautam Adani by US prosecutors and the rout of shares in his companies have also weighed on investor sentiment.
NTPC Green Energy raised about $469 million through anchor share allotment on Monday. The allocation saw participation from global money managers including Goldman Sachs, the Capital Group and T. Rowe Price Group Inc., while Singapore government and Abu Dhabi Investment Authority were among key investors.
The firm seeks to use the proceeds to invest in its subsidiary, focusing on India’s rapidly expanding power requirements, and repay loans taken by the unit, according to a draft prospectus.
The company’s shares are valued at 4.9 times their price-to-book value based on annualized financials for fiscal year 2025 and are fairly valued, according to Indian brokerage Geojit Financial Services. For the year that ended March 2024, NTPC Green’s shares held a price-to-book value of 15 times compared to its larger peer Adani Green Energy Ltd.’s shares that traded at 22 times.
The brokerage recommended its clients to subscribe to the issue on a long-term investment basis, based on its strong brand recall, superior execution capabilities, portfolio expansions and investment in nextgen energy solutions.