Business
Octopus Energy to help households slash energy bills by up to £1,800 a year | Personal Finance | Finance

Octopus Energy has announced a long-term partnership with one of the UK’s largest housebuilders to deliver “Zero Bills” homes at scale.
Zero Bills is described as a “smart proposition” that allows customers to move into homes which have no energy bills for at least five years, “guaranteed”.
The homes, built with housebuilder Bellway, are fully kitted out with green energy technology – including an air-source heat pump, a home battery, and roof-mounted solar panels – which are then optimised by Kraken, Octopus Energy’s tech platform.
Zero Bills households are expected to save around £1,800 a year on energy bills compared to those on a standard variable tariff, based on current energy rates.
Michael Cottrell, Zero Bills homes director at Octopus Energy, said: “Zero Bills is a complete game changer, and having one of the UK’s largest housebuilders on board to develop their first Zero Bills homes is a momentous occasion for sustainable living.
“With Bellway committing to this revolutionary scheme, we can provide even more homeowners with zero energy bills for five years, guaranteed. It means we can make green living the standard, not the exception.”
Bellway, which built around 11,000 homes last year, is the first major housing developer to engage with the project and is looking to implement Zero Bills homes in future developments.
The housebuilder is currently building three Zero Bills homes at its Victoria Gate development in Stafford as part of the company’s Future Homes research project. These homes are expected to be available on the market in December 2023.
From 2024, a further 250 Zero Bills homes are planned at a Bellway development in Bedfordshire, with the potential for more sites to follow soon.
The Future Homes Standard is a Government initiative requiring new homes to reduce carbon emissions by 75 percent and is due to come into force in 2025.
Octopus Energy has now accredited close to 1,000 homes across the UK through contracts with developers and housing providers.
According to Octopus, accredited plots span affordable, social, shared ownership, private ownership, and rented housing. The company plans to deliver 50,000 Zero Bills homes globally by 2025.
Jason Honeyman, CEO of Bellway, commented: “We are proud to be the first national housebuilder to partner with Octopus to deliver Zero Bills homes at scale.
“These homes will be at the cutting edge of sustainable design and will also save our customers thousands of pounds in energy costs as cost-of-living challenges persist across the country.
“This long-term partnership is a key part of our delivery of energy-efficient homes as we work towards the Future Homes Standard and it exemplifies our commitment to putting people and the planet first.”
Business
Mumbai To Face Water Crisis? Tanker Operators Announce Indefinite Suspension Of Services. Here’s Why


Mumbai may face severe water supply disruptions next week. The Mumbai Water Tanker Association has announced that tanker services across the city will be suspended indefinitely from midnight on June 7.
The association cited what it called the selective and stringent implementation of Central Ground Water Authority (CGWA) rules in the Mumbai Division as the reason behind suspension of services.
In a public notice, the association said that all water tanker operators have taken their vehicles off the road. It further added that water transportation services had been halted until further notice.
Also Read: Will Mumbai Face Water Crisis? City’s Lakes Have Supply Left Only For These Many Days
The Mumbai Water Tanker Association claims CGWA regulatory action has adversely affected tanker operators, RO plant operators, well and borewell owners and water suppliers, threatening the viability of the sector itself.
The group highlighted the role of the water tanker sector and how it has been serving Mumbai for over eight decades. It claimed that operators had no choice but to suspend services until a practical solution was reached with the authorities.
The association has written a letter to Maharashtra Chief Minister Devendra Fadnavis, asking for an immediate emergency meeting and relaxation of regulations related to the tanker business.
Their demands include a clear policy for the tanker industry and relaxation in groundwater regulations. The group has also asked that police and administrative action against tanker operators should be stopped and First Information Reports (FIRs) against them should be reconsidered.
Who Will Be Affected By The Water Supply Disruption?
The association plays a crucial role in supplying water to housing societies, hospitals, commercial establishments and industries. Thousands of residents could be affected by the suspension of tanker services.
Also Read: Offered Rs 30,000 Salary, Mumbai Cab Driver Now Earns Rs 2 Lakh A Month, Video Goes Viral
While Mumbai is waiting for the onset of monsoon, concerns remain over water availability in several localities that depend wholly or partially on tanker services.
The tanker strike comes as Mumbai is already facing a 10% water cut. The shutdown of tanker services is likely to further worsen the situation and lead to a crisis in many residential and commercial areas from Monday.
The tanker operators have expressed regret for the inconvenience likely to be caused by the suspension of services, Free Press Journal reported. They appealed to the government and departments concerned to intervene and resolve the issue urgently.
Authorities have not yet issued an official response to the strike call. If the services shut down as announced, parts of the Mumbai Metropolitan Region could suffer severe water shortages, impacting the lives of millions.
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Business
Bobby Deol’s Film Sees Slow Growth, Earns This Amount


Anurag Kashyap’s Bandar continued its theatrical run on Saturday, but the film is still struggling to gain momentum at the box office.
According to live estimates from Sacnilk, the crime thriller has earned Rs 0.14 crore net in India on Day 2 so far from 512 shows. With the latest numbers, Bandar’s total India net collection has reached Rs 0.64 crore, while its India gross collection stands at Rs 0.77 crore.
The film maintained an overall occupancy of around 10% on Saturday, similar to its opening-day trend, indicating limited audience traction across major markets.Bandar opened on Friday with Rs 0.50 crore net collection from 1,365 shows nationwide. The film recorded an overall occupancy of 10% on its first day.
Occupancy Performance On Day 2
The Hindi version recorded a morning occupancy of 5.46% across the country, reflecting a modest start to the day. Since the afternoon, evening and night show data is yet to be reported, the overall occupancy currently remains at 5.46%.
Among major centres, Jaipur registered the highest occupancy at 13% despite operating with only 26 shows. National Capital Region (NCR), Bengaluru and Pune followed with 9% occupancy each.
Mumbai recorded 8% occupancy from 99 shows, while Lucknow reported 7% from 34 shows. Ahmedabad and Chandigarh both stood at 5%.
At the lower end, Kolkata recorded 3% occupancy, and Bhopal managed only 2%. Surat emerged as the weakest-performing market among reported centres, with just 1% occupancy from 50 shows.
Occupancy figures for Hyderabad and Chennai were unavailable at the time of reporting.
ALSO READ: From Bend It Like Beckham To Shaolin Soccer: Football Films To Watch Amid 2026 FIFA World Cup Buzz
Show Count Trends
NCR remained the film’s biggest market in terms of screenings, accounting for 212 shows. Ahmedabad followed with 109 shows, while Mumbai had 99 and Bengaluru had 64.
Surat hosted 50 shows, followed by Kolkata with 37. Lucknow and Pune each had 34 shows, while Chandigarh had 32 and Jaipur 26.
About The Film
Directed by Anurag Kashyap, Bandar stars Bobby Deol, Raj B. Shetty, Jitendra Joshi and Sapna Pabbi.
The crime thriller follows Samar, an ageing artist whose life spirals out of control after a former partner accuses him of rape, leading him into a troubled legal and law-enforcement system.
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Zepto To File Updated DRHP Next Week, Kickstart Investor Roadshows With July IPO Aim


Quick commerce platform Zepto is set to file an updated draft red herring prospectus (DRHP) early with SEBI next week, according to sources familiar with the matter, as the company looks to take the next step in its public market journey.
The updated filing will pave the way for investor roadshows and move the company closer to a July stock market debut. Zepto had originally filed its IPO papers under the confidential route in December 2025.
Sources said the company is looking to raise around Rs 11,000 crore through the offering. Founders Aadit Palicha and Kaivalya Vohra are not expected to sell shares in the IPO, keeping their stakes as Zepto enters the public markets.
ALSO READ | Zepto IPO Gets SEBI Nod; Q-Comm Startup Expected To Raise $1 Billion
The listing comes at a time when India’s quick commerce sector is increasingly being judged on scale, profitability and the quality of revenue rather than just growth.
Sources said Zepto has crossed Rs 10,000 crore in net order value (NOV) in the current quarter, marking a key milestone as competition intensifies among the country’s largest quick commerce players.
The company has also significantly reduced cash burn, bringing it down to around Rs 120 per order from nearly Rs 200 a year ago. Internally, Zepto expects another four to five quarters before reaching what it considers an optimal break-even level across the business.
One of the key changes in Zepto’s IPO narrative is likely to be its focus on Net Realizable Value (NRV) as a core operating metric.
The move would distinguish Zepto from listed rival Eternal (formerly Zomato), which reports Net Order Value (NOV) for its quick commerce business Blinkit. NOV broadly captures the value of orders transacted on the platform, while NRV seeks to reflect the actual revenue realised by the company, including commissions, service fees and advertising income.
Sources said Zepto plans to include advertising revenue within its NRV metric, highlighting the growing contribution of ads to the economics of quick commerce. The approach could offer investors a clearer picture of monetisation compared with gross transaction value-based measures.
Meanwhile, Swiggy has disclosed gross order value and other operating metrics for Instamart, with investors increasingly tracking contribution margins, take rates and advertising income as indicators of the business’s path to profitability.
The upcoming IPO is expected to be among the largest public offerings by a new-age consumer internet company this year and will provide investors with a fresh benchmark to compare the business models and profitability trajectories of Zepto, Blinkit and Instamart.
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