DEE Development Engineers’ biomass subsidiary gets 49% tariff hike, eyes ₹48 crore annual revenue

DEE Development Engineers’ biomass subsidiary gets 49% tariff hike, eyes ₹48 crore annual revenue


The revised rate also triggers a retrospective recovery.

Shares of DEE Development Engineers rose 4.05 per cent to ₹279.75 on Wednesday. The company disclosed a favourable tariff order for its wholly owned subsidiary, Malwa Power Pvt Ltd (MPPL).

The Punjab State Electricity Regulatory Commission (PSERC), via an order dated March 27, 2026, revised the tariff for MPPL’s 6 MW biomass power plant in Muktsar, Punjab, to ₹5.224 per kWh for an extended 10-year term — up approximately 49 per cent from the interim rate of ₹3.50 per kWh that Punjab State Power Corporation Limited (PSPCL) had been paying. The variable component of the tariff will escalate at 5 per cent annually.

The revised rate also triggers a retrospective recovery. Between May 2025 and February 2026, MPPL supplied roughly 3.37 crore units at the lower interim rate, entitling the company to recover a differential of approximately ₹5.80 crore.

For FY 2026-27, the company projects power generation revenue of ₹24.31 crore from the plant, assuming 85 per cent plant load factor. Combined with its 72,000 MT per annum Biomass Pellet Plant — set to commence operations shortly and projected to generate ₹23.40 crore annually at 50 per cent capacity — MPPL’s total estimated revenue stands at approximately ₹47.71 crore.

However, the company flagged reservations about the fixed cost component of the tariff, which was set at ₹0.97 per kWh. Management contends the PSERC applied outdated CERC regulations from 2012 rather than the 2024 norms, which prescribe O&M charges of ₹54.70 lakh per MW. The company said it is evaluating an appeal before the Appellate Tribunal for Electricity (APTEL) in New Delhi to seek an upward revision.

The plant, originally commissioned in April 2005, had operated under a 20-year PPA that expired in April 2025.

Published on April 1, 2026



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Sammaan Capital announces IHC as promoter; IHC will acquire 41.5% stake for Rs 8,850-cr

Sammaan Capital announces IHC as promoter; IHC will acquire 41.5% stake for Rs 8,850-cr


Sammaan Capital announced that an International Holding Company PJSC (IHC) will become its promoter, assuming strategic control and long-term stewardship of the company.

IHC, one of the worlds largest investment companies and the most valuable listed holding company in the Middle East with a market cap approximately $32 bn, (Rs 22 lakh crore).

Through its affiliate, Avenir, IHC will acquire a 41.5% stake in Sammaan Capital via a preferential allotment of equity shares and warrants for a total transaction value of $1 billion (Rs 8,850 crore). Sammaan Capital has already received an initial tranche of Rs 5,652 crore ($600 million) towards the allotment, while the remaining Rs 3,198 crore (around $338 million) will be received within 18 months upon conversion of warrants into equity shares.

 

Additionally, a mandatory open offer will be launched to acquire up to 26% of the companys expanded share capital from public shareholders, in compliance with Indian securities regulations.

Sammaan Capital aims to become one of the top three NBFCs in India in terms of assets under management (AUM) by FY2029, while achieving best-in-class return on assets (RoA) and return on equity (RoE). The company also plans to become a diversified NBFC by focusing on mid- to low-income borrowers through its expanding pan-India branch network and by offering products beyond mortgage loans, including secured and unsecured MSME loans, personal loans, business loans and gold loans.

As part of its FY29 roadmap, the company plans to expand its product portfolio to over 15 loan products, increase its branch network to more than 1,500, grow its customer base beyond 50 million and expand its workforce to over 10,000 employees.

Sammaan Capital will now form part of IHCs newly created financial services investment platform, Judan Financial, which aims to strengthen the groups presence across banking, insurance, asset and wealth management, capital markets, NBFCs and financial technology.

Upon completion of the transaction, IHC will be classified as a promoter and will have the right to appoint a majority of the board, enabling it to play an active role in the companys strategic direction. As a strategic promoter, IHC brings substantial capital, global funding networks and institutional relationships that will meaningfully enhance Sammaan Capital’s financial flexibility and support its growth ambitions.

Gagan Banga, managing director & CEO of Sammaan Capital Limited, said: “We formally welcome IHC as our Promoter. This partnership brings long-term, growth capital and deep global capabilities both of which will be instrumental in helping us scale responsibly and reinforce our leadership position in the market.

Sammaan Capital (formerly known as Indiabulls Housing Finance) is engaged in the housing finance and mortgage-backed lending business.

On a consolidated basis, Sammaan Capital’s net profit rose 3.85% to Rs 314.08 crore while total income increased 6.87% to Rs 2,157.87 crore in Q3 December 2025 over Q3 December 2024.

The scrip shed 0.03% to Rs 149.55 on the BSE.



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क्या लैपटॉप गोद में रखकर काम करने से नामर्द हो जाते हैं पुरुष, जानें क्या कहते हैं एक्सपर्ट?

क्या लैपटॉप गोद में रखकर काम करने से नामर्द हो जाते हैं पुरुष, जानें क्या कहते हैं एक्सपर्ट?


Does Laptop On Lap Reduce Sperm Count: क्या लैपटॉप गोद में रखकर काम करने से पुरुष नामर्द हो सकते हैं? यह सवाल अक्सर लोगों के मन में आता है.  एक्सपर्ट के मुताबिक, सीधे तौर पर नामर्द होने जैसी बात कहना सही नहीं है, लेकिन यह आदत पुरुषों की फर्टिलिटी यानी प्रजनन क्षमता पर असर जरूर डाल सकती है. चलिए आपको बताते हैं कि कैसे और क्यों इसका असर होता है. 

क्या होता है असर?

verywellhealth की एक रिपोर्ट के अनुसार, जब कोई व्यक्ति लैपटॉप को जांघों या गोद में रखकर लंबे समय तक काम करता है, तो उससे निकलने वाली गर्मी और इलेक्ट्रोमैग्नेटिक फील्ड शरीर के संवेदनशील हिस्सों को प्रभावित कर सकती है. साइंटिस्ट ने खासतौर पर दो कारणों पर ध्यान दिया है हीट और रेडिएशन जैसी ऊर्जा तरंगें. इनका असर होता है. 

गर्मी का क्या होता है असर?

सबसे पहले बात गर्मी की करें तो टेस्टिकल्स को सही तरीके से काम करने के लिए शरीर के तापमान से थोड़ा ठंडा रहना जरूरी होता है. यही वजह है कि स्क्रोटम उन्हें बाहर की ओर रखकर तापमान संतुलित करता है. लेकिन लैपटॉप की गर्मी इस संतुलन को बिगाड़ देती है. 2005 की एक स्टडी में पाया गया कि लैपटॉप गोद में रखने से स्क्रोटम का तापमान करीब 2.8 डिग्री सेल्सियस तक बढ़ सकता है, जिससे स्पर्म बनने की प्रक्रिया प्रभावित हो सकती है और उनकी गुणवत्ता भी गिर सकती है.

इलेक्ट्रोमैग्नेटिक फील्ड का क्या होता है असर?

दूसरी चिंता इलेक्ट्रोमैग्नेटिक फील्ड को लेकर है. ये अदृश्य ऊर्जा तरंगें लैपटॉप, वाई-फाई और मोबाइल जैसे उपकरणों से निकलती हैं. कुछ रिसर्च में पाया गया है कि वाई-फाई के संपर्क में आने से स्पर्म के डीएनए को नुकसान पहुंच सकता है और उनकी गति धीमी हो सकती है. जबकि किसी भी स्पर्म के लिए अंडे तक पहुंचने के लिए तेज और सही दिशा में मूव करना जरूरी होता है.

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कैसे पड़ता है फर्क? 

कई स्टडी में यह भी सामने आया है कि लंबे समय तक ऐसे एक्सपोजर से स्पर्म काउंट कम हो सकता है, उनके आकार और बनावट में बदलाव आ सकता है, और जेनेटिक स्तर पर भी असर पड़ सकता है. हालांकि, एक्सपर्ट यह भी कहते हैं कि लैपटॉप के इस्तेमाल और पुरुष बांझपन के बीच सीधा संबंध अभी पूरी तरह साबित नहीं हुआ है और इस पर और रिसर्च की जरूरत है. इसके साथ ही ढीले कपड़े पहनना, बहुत गर्म पानी से नहाने या सॉना से बचना और हेल्दी वेट बनाए रखना भी फर्टिलिटी को सुरक्षित रखने में मदद कर सकता है. छोटे-छोटे ये बदलाव आपकी सेहत पर बड़ा असर डाल सकते हैं.

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Disclaimer: यह जानकारी रिसर्च स्टडीज और विशेषज्ञों की राय पर आधारित है. इसे मेडिकल सलाह का विकल्प न मानें. किसी भी नई गतिविधि या व्यायाम को अपनाने से पहले अपने डॉक्टर या संबंधित विशेषज्ञ से सलाह जरूर लें.

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Anthropic leaks source code for Claude Code again: Here's what happened

Anthropic leaks source code for Claude Code again: Here's what happened



Anthropic has reportedly confirmed to Axios that the company accidentally exposed the source code of its AI coding tool, Claude Code. This has happened for the second time in a year, with the first incident dating to February. According to a report by Axios, a debugging file was mistakenly included in a routine update and published to the public registry used by developers to access software packages.


What is source code


Source code is the original set of instructions that developers write to tell software or an app how to work. It’s written in programming languages like Python or JavaScript and acts like a blueprint, defining everything from how a button behaves to how data is processed behind the scenes. What users see on their screens is just the final output, while the source code is the logic that makes it all function.

 
 


To make it clearer, think of source code as a recipe in a kitchen. The dish you eat is the finished product, but the recipe explains exactly how it’s made step by step. Similarly, source code is what developers use to build and modify software, even though users never directly interact with it.


What happened and what followed


The issue of leaked source code for Claude Code came to light after a security researcher found that the package contained a source map file capable of revealing the full underlying codebase. The report by Axios noted that the code was quickly replicated and dissected across GitHub.

 


According to a report by Emerge, after this, Anthropic reportedly began issuing DMCA takedown notices against GitHub mirrors of the leaked code. Soon after, a South Korean developer named Sigrid Jin—who was recently featured by the Wall Street Journal for consuming 25 billion Claude Code tokens—responded within hours. He rebuilt the core architecture in Python from scratch using an AI orchestration tool called oh-my-codex, and published a new project called “claw-code” before sunrise.

 


Emerge added that the project is said to be a Python-based reimplementation of the original codebase rather than a direct copy, which puts it in a grey area. Whether that distinction holds up from a legal standpoint remains open to interpretation.


Why this matters


As per Axios, the leaked source code reportedly included multiple feature flags pointing to capabilities that appear to be already developed but not yet released. The report cited an Anthropic spokesperson as saying that these features include the ability for Claude to review its most recent session to identify improvements and carry those learnings across conversations.

 


The code also references a “persistent assistant” mode that could allow Claude Code to continue running in the background even when the user is inactive. In addition, it highlights remote access capabilities, enabling users to control Claude from a phone or another browser, a feature that has already been rolled out for Claude Code.

 


In simple terms, this means the leak not only allowed people to copy Claude Code’s existing features from the source code but also allowed them to copy features that Anthropic was planning to release in the coming weeks. The report further said that the leak won’t shut Anthropic’s business. Still, it gives every competitor a free engineering education on how to build a production-grade AI coding agent and what tools to focus on.


What did Anthropic say


As per Axios, an Anthropic spokesperson told the publication that, “Earlier today, a Claude Code release included some internal source code. No sensitive customer data or credentials were involved or exposed.”

 


The spokesperson added, “This was a release packaging issue caused by human error, not a security breach. We’re rolling out measures to prevent this from happening again.”


What happened in February


According to a report by NDTV, citing Odaily, an early build of Claude Code was similarly exposed in February 2025, leading Anthropic to pull the package from npm and remove the associated source map.

 



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BRICS-led Development Bank touts yuan funding for Global South

BRICS-led Development Bank touts yuan funding for Global South


The lender’s view aligns with Beijing’s push to elevate the yuan’s role as a global funding currency, signalling room for continued growth in issuance and liquidity for foreign issuers in China’s onshore bond market.
| Photo Credit:
THOMAS WHITE

China’s onshore bond market, backed by ample liquidity and a stable currency, is emerging as an attractive funding source for developing economies, according to the BRICS-led New Development Bank.

With borrowing costs low, the Chinese bond market “is now one of the most cost-effective funding sources in the world,” Zhongxia Jin, the bank’s director general for treasury and portfolio management, said in Beijing on Tuesday. “We don’t just see the Chinese bond market as a source for cheap cash, we see this market as the future of local currency finance.”

Yuan-denominated funding, Jin added, provides a natural hedge for projects in local currencies, particularly across the Global South, which includes India, Indonesia and the Philippines, as well as Brazil and other parts of Latin America. Such financing is especially suited to initiatives like the green transition.

The lender’s view aligns with Beijing’s push to elevate the yuan’s role as a global funding currency, signalling room for continued growth in issuance and liquidity for foreign issuers in China’s onshore bond market.

“Chinese bond market is no longer just an alternative asset class, it tends to become a key pillar of global financial architecture,” Jin said, citing lower funding costs and relative currency stability.

New Development Bank sold five yuan-denominated notes totalling 25 billion yuan ($3.6 billion) last year, the largest annual issuance since it began tapping the market in 2016, according to data compiled by Bloomberg. In its latest deal late last year, the bank extended panda bond maturities to 10 years for the first time, signaling a push to secure longer-term funding.

New Development Bank was established by BRICS members Brazil, Russia, India, China and South Africa, according to the bank’s website.

More stories like this are available on bloomberg.com

Published on April 1, 2026



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