Business

Shares of solar companies decline: Waaree Energies drops 10%, Premier Energies falls 5% – What’s fueling the decline?

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Shares in Indian clean energy firms experienced a setback on Friday morning, as Waaree Energies’ stock plummeted over 10%, while Premier Energies saw a decrease of more than 5% during early trading. This steep decline follows a significant sell-off of solar and clean energy stocks based in the US, prompted by a contentious new tax legislation that may retract essential subsidies for the industry.

The source of the alarm can be traced back to the U.S. capital. A contentious new budget proposal, referred to as the “Big, Beautiful Bill” and supported by Republican legislators and President Donald Trump, narrowly secured approval from the US House of Representatives with a 215-214 vote. If the Senate passes the bill, it could undo crucial clean energy incentives established through President Biden’s Inflation Reduction Act.

The legislation suggests abolishing a 30% federal tax credit for homeowners who install rooftop solar panels. Additionally, it intends to revoke grants aimed at diminishing air pollution, lowering greenhouse gas emissions, and supporting electric heavy-duty vehicles. The bill also proposes stricter compliance measures for foreign entities, which could hinder both utility-scale and rooftop solar installations.

U.S. clean energy firms were the first to bear the brunt of the news. Sunrun, the largest rooftop solar provider in the U.S., and NextEra Energy, a prominent developer in wind and solar, saw their stock prices nosedive during the trading period.

The decline in Waaree Energies’ shares is particularly significant due to the company’s exposure to the U.S. market. At the start of FY26, Waaree disclosed an order book worth Rs 47,000 crore, with 57% tied to international markets.

Similarly, Premier Energies has also been impacted by the prevailing negative sentiment. The company’s shares fell by over 5% today, reflecting the general concerns.

Waaree Energies stock performance

Waaree Energies has had a varied performance lately. Although the company’s stock has dropped 7% in the last five trading days and decreased 11% over the prior month, it maintains a 3% gain over a six-month period. Year-on-year, the solar Solutions provider has achieved a 14% increase. Nonetheless, 2025 has had a poor start, with the stock down 6% so far this year.

Premier Energies’ shares have also encountered challenges. The stock has decreased by 9% in just the past week and has lost 3% in the previous month. Its six-month performance is also negative, falling by 5%. Despite this setback, the company managed a 23% return over the past year. However, similar to Waaree, 2025 has been tough, with Premier’s stock dropping 22% year to date.

Entertainment

Candere has recently appointed Shah Rukh Khan as their brand ambassador

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SRK will be showcased in the brand’s various multimedia campaigns, including digital, television, print, and in-store promotions.

Candere, the lifestyle jewellery label from the House of Kalyan, has selected Shah Rukh Khan to serve as its brand ambassador.

Shah Rukh Khan will appear in the brand’s multimedia advertisements, which encompass digital, television, print, and in-store experiences.

Ramesh Kalyanaraman, director of Candere, stated, “The Indian jewellery market is clearly evolving, with consumers increasingly looking for items that embody their personality, match their lifestyle, and fit specific occasions. Candere is designed for this change, particularly for those who resonate with Gen Z: expressive, individualistic, and digitally savvy. We found in Shah Rukh Khan a collaborator whose cultural significance, timeless charm, and emotional connection reflect the values we uphold. He connects with multiple generations while staying immensely relevant to today’s audience. His involvement will enable us to convey that Candere’s jewellery transcends mere adornment—it’s a meaningful, personal representation of identity and intent.”

Candere has established a notable presence in the lifestyle jewellery sector with its design-centric collections. The brand is recognised for its modern women’s jewellery and has also made strides in the men’s market, providing one of the most extensive collections for men.

Shah Rukh Khan is the ambassador for Candere

Shah Rukh Khan, the ambassador for Candere, expressed, “Jewellery has always served as a significant expression of love, memories, and identity. I’m thrilled to collaborate with Candere, a brand from House of Kalyan Jewellers, which delivers a contemporary and innovative perspective on how jewellery is worn and gifted today. It’s refined, it’s pertinent, and it resonates with those who appreciate significance in every moment.”

Ramesh Kalyanaraman, director of Candere, remarked, “The Indian jewellery industry is experiencing notable segmentation, with consumers increasingly in search of pieces that capture their personality, fit their lifestyle, and cater to specific occasions. Candere is designed for this evolution, especially appealing to those who embody the spirit of Gen Z: expressive, unique, and digitally connected. In Shah Rukh Khan, we discovered a partner whose cultural impact, enduring appeal, and emotional connection align with the principles we embrace. He effectively connects generations while remaining significantly relevant for today’s audience. His partnership will assist us in communicating the concept that Candere’s jewellery is not merely about decoration—it’s a deliberate, personal manifestation of identity and intention.”

Candere has secured a strong foothold in the lifestyle jewellery arena with its design-focused offerings. The brand is well-known for its contemporary jewellery for women and has also broadened its offerings in the men’s sector, featuring one of the largest selections available for men.

Shah Rukh Khan, as the brand ambassador of Candere, remarked, “Jewellery has always been a meaningful means of expressing love, preserving memories, and defining identity. I’m eager to be associated with Candere, a label from the House of Kalyan Jewellers, which presents a modern and fresh take on how jewellery is both worn and gifted today. It’s sophisticated, it’s relevant, and it appeals to those who cherish meaning in every moment.”

Entertainment

Dead & Company honors 60 years of music in San Francisco: Ticket information available

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SAN FRANCISCO – The long, strange journey seems to be extending longer than anticipated. Dead & Company honors 60 years.

The Grateful Dead, an iconic band from this city that has its roots in the psychedelic era, is set to return to one of its most renowned performance venues to mark 60 years since its founding in 1965.

Golden Gate Park, located in the heart of the city and known as a hub for various rock and theater performances in the ’60s, will feature three shows by Dead & Company – the name for the surviving members of the original band along with current musicians – at the Polo Fields on August 1, 2, and 3.

Dead & Company ticket price

Artist presale tickets will be available starting at 10 a.m. PT/1 p.m. ET on May 28, allowing fans to register for three-day tickets. The general ticket sales for three-day passes will commence on May 30 at 10 a.m. PT/1 p.m. ET, with prices beginning at $635 ($556 plus $79 in fees). Single-day tickets will also soon be available, starting at $245 ($209 plus $36 in fees).

In the late ’60s, the band frequently held free concerts in and around Golden Gate Park, conveniently located near their group home and headquarters at the intersection of Haight and Ashbury streets.

Currently, guitarist Bob Weir and drummer Mickey Hart are performing alongside John Mayer on lead guitar and vocals, longtime collaborator Jeff Chimenti on keyboards, former Allman Brothers member Oteil Burbridge on bass, and Jay Lane on drums with Hart.

Guitarist Jerry Garcia passed away in 1995 at the age of 53, bassist Phil Lesh died in 2024 at 84, and drummer Bill Kreutzmann, 79, stepped back from performing with the ensemble in 2023.

Each evening of the three-show celebration will kick off with opening sets lasting 75 minutes. Billy Strings will perform on the first night, followed by Sturgill “Johnny Blue Skies” Simpson on August 2 and the Trey Anastasio Band on August 3.

VIP tickets offer expedited entry and access to a designated viewing area at the front, along with exclusive bar privileges. Additionally, attendees will enjoy premium food vendors, full-service bars, upgraded restrooms, and a raised lounge with bleacher seating, according to the promoters.

The announcement of the anniversary concerts was initially made on May 13 by San Francisco’s new mayor, Daniel Lurie, who is an heir to the Levi Strauss fortune. Since assuming office early this year, Lurie has been actively addressing some of the city’s most pressing issues, such as rampant homelessness and a declining city center. The Dead & Company concerts are part of an initiative to draw more high-profile events to the area.

Entertainment

George Wendt, known for portraying Norm on ‘Cheers,’ passed away at the age of 76

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George Wendt, an American actor and comedian recognized for earning six consecutive Emmy nominations for his role as Norm Peterson on the iconic NBC sitcom “Cheers,” died Tuesday morning at his residence. He was 76.

His publicist Melissa Nathan confirmed Wendt’s passing with the following message: “George was a devoted family man and a cherished friend and confidant to everyone fortunate enough to have known him. He will be missed indefinitely. The family has asked for privacy during this period.”

A scholar of the Chicago improv scene, Wendt began as a comedian at The Second City in the 1970s before transitioning to television acting. After several guest appearances, he secured the part that would ultimately define his career: the devoted barfly Norm Peterson, whose familiar opening line of “Afternoon, everybody” became one of the series’ fan-favorite motifs.

Wendt stood out among the ensemble, earning six Emmy nominations in the supporting actor in a comedy series category throughout his tenure as a principal cast member during the 11-season span of “Cheers.” He later reprised his role in appearances on the short-lived spinoff “The Tortellis” and the long-running spinoff “Frasier.” After participating in all 273 episodes of “Cheers,” Wendt moved to CBS to star in his sitcom, “The George Wendt Show,” in which he played a radio host and car mechanic. However, the series was swiftly canceled, airing for only a month.

Wendt’s love for comedy made him a staple on “Saturday Night Live” throughout the ’90s, utilizing his South Side roots to join Chris Farley, Mike Myers, and Robert Smigel in the recurring mustachioed Chicago Superfans sketches. (In one particularly unusual piece of “SNL” history, Wendt co-hosted a 1986 episode with director Francis Ford Coppola, who was preparing to release “Peggy Sue Got Married.” Philip Glass served as the musical guest.)

Born on October 17, 1948, in Chicago, Illinois, Wendt was raised as one of nine siblings before attending the University of Notre Dame, then transferring to Jesuit Rockhurst College, where he earned a degree in economics. During his time at The Second City, Wendt met Bernadette Birkett, and the two wed in 1978. (Although never seen on-screen, Birkett voiced the character of Norm’s spouse on “Cheers.”) The couple had three children, and Wendt is also the uncle of “SNL” and “Ted Lasso” star Jason Sudeikis.

After achieving fame from “Cheers,” Wendt easily landed supporting roles for the remainder of his career, with film credits in comedies such as “Fletch,” “Gung Ho,” and “Spice World,” along with noteworthy films like the 1985 horror movie “House” and the 2019 American indie film “The Climb.”

George Wendt’s TV shows

His extensive list of TV guest appearances includes shows such as “Hot in Cleveland,” “The Twilight Zone,” “Columbo,” “George Lopez,” and “Fresh Off the Boat.” Although he never found another series as iconic as “Cheers,” Wendt contributed significantly to various sitcoms over the years, serving as a main cast member on the TBS series “Clipped” and providing voice talent for the animated series “Fancy Nancy.” In 2023, he participated in “The Masked Singer.”

Entertainment

Kiara Advani’s bikini appearance in the ‘War 2’ teaser has sent fans into a frenzy

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In a fleeting moment, Kiara is showcased in an eye-catching bikini, positioned against a sunlit beach scene, exuding allure and sophistication.

The War 2 teaser is creating a buzz online as fans are ecstatic about the adrenaline-pumping sequences. While Hrithik Roshan’s return to action and Jr NTR’s role as the antagonist steal the spotlight, Kiara Advani’s bikini look has also become a major point of discussion. Viewers are mesmerized by the stunning visuals she presented in the two-piece.

In that brief moment, Kiara is depicted in a captivating bikini, amidst a sunny beach setting, radiating hotness and charm. Fans are applauding her appearance and commending her fitness, style, and daring choice of character in this high-energy action film.

Social media was quickly filled with activity, as hashtags like #KiaraAdvani, #War2Teaser, and #KiaraInWar2 started trending just hours after the teaser dropped.

Although the teaser keeps much of the storyline under wraps, Kiara’s role seems to extend beyond being just a glamorous presence.

WAR 2 Teaser:

WAR 2 director and star-cast

Directed by Ayan Mukerji, War 2 features two of the biggest stars in cinema, Hrithik Roshan and Jr NTR, alongside Kiara Advani. The film is part of YRF’s ambitious Spy Universe and promises an exhilarating experience with globe-trotting action scenes, stylish visuals, and an engaging plotline.

Entertainment

Hulu has released a teaser for the revival of The Amazing World of Gumball, titled The Wonderfully Weird World of Gumball

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The trailer unveiled on Monday features Gumball (voiced by Alkaio Thiele) waking up under piles of dust and debris, with his alarm clock ringing loudly.

“What is happening, Darwin?” he inquires.

Darwin (Hero Hunter) replies from a fish bowl in a nightstand, informing him that they are seven years late for school.

“Whether it’s facing off against an evil fast food empire, contending with a sentient AI infatuated with his mother, or attempting to prevent Banana Joe from wearing pants, Gumball takes Darwin, Anais, and the rest of Elmore along on this adventure,” reads an official synopsis.

Wonderfully Weird World of Gumball voice cast

Kinza Syed Khan, Teresa Gallagher, and Dan Russell will voice Anais, Nicole, and Richard, respectively.

Ben Bocquelet is one of the executive producers. Bocquelet was the creator of the original series, which aired for six seasons from 2011 to 2019.

Watch Teaser:

The Wonderfully Weird World of Gumball is set to stream on Hulu and Hulu with Disney+. It will also air globally on Cartoon Network.

Automobiles

Honda has introduced the Rebel 500 cruiser in India with a price tag of Rs 5.12 lakh (ex-showroom)

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This motorcycle is available solely in Gurugram, Mumbai, and Bengaluru through the BigWing dealers.

Bookings for the Rebel 500 are now open, with deliveries expected to begin in June 2025. The motorcycle showcases classic cruiser aesthetics, featuring a high-mounted fuel tank, a low seat, and a slender tail. It sports a blacked-out design and comes in a single shade called Matt Gunpowder Black Metallic.

Honda Rebel 500 cruiser features

The Rebel 500 is driven by a 471cc parallel-twin engine that generates 46 bhp at 8,500 rpm and a maximum torque of 43.3 N·m at 6,000 rpm. This liquid-cooled engine is coupled with a six-speed transmission. Regarding features, the Rebel 500 includes an LCD display for the instrument cluster.

Suspension for the Honda Rebel 500 consists of telescopic front forks and Showa twin shock absorbers at the rear. The braking system features a 296mm disc at the front and a 240mm disc at the rear, with dual-channel ABS as standard. The motorcycle rides on alloy wheels sized 130/90-16 in the front and 150/80-16 in the back.

Business

Shares of Protean eGov Technologies, under the ownership of Ramesh Damani, have dropped 20% after the weekend’s developments

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The steep decline in the company’s share price followed the Income Tax Department’s decision not to select them for its PAN systems overhaul project. Despite this obstacle, the company asserts that it will have a negligible impact on its current PAN processing services. The stock’s downfall has erased all gains recorded over the past year, even with prominent investors like Ramesh Damani holding shares.

Protean eGov Technologies’ shares fell sharply by 20%, hitting the lower circuit limit of Rs 1,143 on BSE due to its exclusion by the Income Tax Department (ITD) from the technology revamp project. This initiative involves the design, development, execution, operation, and maintenance of the PAN systems.

“We received a communication from the Income Tax Department (ITD) indicating that we were not favorably considered for the next stage of the RFP selection process,” Protean mentioned in a regulatory announcement on Sunday.

The company indicated that the project relates to a technology overhaul of the PAN systems at the Income Tax Department. “It seems that this might have limited or minimal impact on our existing PAN processing and issuance services under the current mandate with the ITD,” it further explained.

Protean had entered the bidding for the role of a Managed Service Provider (MSP) for the PAN 2.0 Project.

Protean eGov Technologies’ performance

In the wake of this drop, the stock has wiped away all gains from the previous year and has seen a decrease of over 4% in the last 12 months. Renowned investor Ramesh Damani possessed a 1.05% stake in the company as of the March quarter.

The firm’s institutional shareholders encompass Canara Bank (1.23%), Bank of Baroda (1.54%), Punjab National Bank (2.25%), Axis Bank (3.18%), and State Bank of India (4.93%).

As per Trendlyne data, the stock has received four ‘buy’ recommendations, with an average target price of Rs 2,104, suggesting a potential upside of 47%.

Entertainment

How to View the Eurovision Song Contest Final 2025

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The final of the 2025 Eurovision Song Contest will go live at 9 p.m. (3 p.m. EST) on Saturday from the St. Jakobs Halle arena located in Basel, Switzerland. You can catch it from anywhere through various streaming platforms.

This event is organized by the European Broadcasting Union, which is a collective of public-service broadcasters worldwide. If you’re in the United States, you can stream the contest via Peacock since NBCUniversal owns the rights, and NBC is an associate member of the union.

In the United Kingdom, you can tune in to several BBC channels (or listen via the radio). In Italy, watch it on RAI, and in Spain, tune in to RTVE. While most members of the European Broadcasting Union are based in Europe, they are also present in countries like Israel and Algeria.

Australia has participated in Eurovision since 2015, and you can catch it on SBS. Many viewers in that music-loving nation do, even though the contest broadcasts at 5 a.m. on the Australian East Coast. If no broadcaster in your home country has the rights to air the contest, you can find the livestream on the Eurovision Song Contest channel on YouTube.

Each broadcaster provides its own commentary, and many commentators have their own loyal audiences: Graham Norton’s hilariously entertaining commentary has prompted individuals in numerous countries to use a VPN to access the BBC broadcasts. Furthermore, some regional languages are featured: SVT provides commentary in Swedish as well as in two Sámi languages in partnership with the Finnish public broadcaster, Yleisradio.

In summary, these days, accessing Eurovision is more convenient than ever, no matter your location.

Eurovision Song performances are scheduled to take place in the following sequence on Saturday:

  1. Norway
  2. Luxembourg
  3. Estonia
  4. Israel
  5. Lithuania
  6. Spain
  7. Ukraine
  8. Britain
  9. Austria
  10. Iceland
  11. Latvia
  12. Netherlands
  13. Finland
  14. Italy
  15. Poland
  16. Germany
  17. Greece
  18. Armenia
  19. Switzerland
  20. Malta
  21. Portugal
  22. Denmark
  23. Sweden
  24. France
  25. San Marino
  26. Albania.
Automobiles

Toyota’s latest blue paint is fantastic, but it’s limited to select models

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Wave Maker, the eleventh exclusive color for Toyota’s TRD Pro line, will be available at dealerships later this year.

Over the years, Toyota’s TRD Pro line has featured some outstanding color choices: Army Green, Electric Lime, Terra, Mudbath, and more. This year, the brand is introducing another striking hue to its extensive color selection: Wave Maker.

Developed by the Calty Design team at Toyota, Wave Maker is the eleventh distinct paint choice for the TRD Pro line. For 2025, it will be one of just five colors offered for TRD Pro models, joining Ice Cap, Magnetic Gray, Midnight Black, and the previously mentioned Mudbath.

Toyota’s General Manager says

“We spent several years using warm natural shades influenced by traditional landscapes like Terra and Mudbath as our signature colors. With Wave Maker, our inspiration came from uncharted adventure areas, extending even to space. Wave Maker captures an elemental essence that conjures images of icy depths and the excitement of venturing into new territories.” — Benjamin Jimenez, General Manager, Calty Ann Arbor.

The new color is reminiscent of the existing Heritage Blue found on other models such as the 4Runner and Land Cruiser, yet it holds its own uniqueness. It differentiates itself from its counterpart hue with a brighter appearance and more turquoise undertones. Currently, there aren’t many similar colors available on the market.

Wave Maker will debut on TRD Pro versions of the 4Runner, Tacoma, Tundra, and Sequoia later this year. While Toyota has not yet disclosed whether there will be an additional cost, anticipate an increase of around $350 to $475 if it is added (which is quite likely).

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