Diversity Financial News

Raymond James has extended its network in Ohio as it onboards a veteran advisor from Wells Fargo into its ranks.

performance-based pay of their chief executives and senior management, to factor in the company's sustainability goal outcomes in appraisal KPIs amid their increasing influence on investor and consumer sentiments. Companies including ITC, Hindustan Unilever (HUL), Mahindra & Mahindra, Lupin, Cipla and Emaar have started to link their performance in areas like water and carbon positivity, plastic neutrality, climate-resilience, and diversity and inclusion in hiring to the remuneration of their senior management. This comes at a time when ESG (environment, social and governance practices) is becoming a buzz word in business deals, investment decisions and even consumer response to products, industry experts and executives said. ESG goals are becoming more common in annual KPIs (key performance indicators) for executive leaders, said Anandorup Ghose, partner at Deloitte India. While the weightage to these goals varies by industry, approximately around 10-15% weightage is assigned to ESG-linked metrics, he said.

Yale Program on Climate Change Communication, in collaboration with C-Voter, Tuesday released the Yale Climate Opinion Maps for India. This new online interactive tool provides the first-ever estimates of public responses to climate change in 34 of India’s 36 states and union territories, and in 604 districts, depicting the variation in global warming knowledge, beliefs, risk perceptions, and policy preferences at state and local levels across the country. Prior studies of public responses to climate change in India have often provided results only at the national level. The recent national survey in India found that large majorities in India are worried about climate-related hazards, but until now we had little information about the diversity of climate opinions within the country. While national data show that 41% of people in India say they know a lot or something about global warming, there is substantial geographic variation within the country. In Gujarat, 52% of Indians know a lot or something about the issue, whereas in Maharashtra, only 33% report this level of knowledge. More Indians living in state capital cities say they know a lot or something about global warming compared to other districts. 74% think global warming will cause more severe heat waves and 85% are worried about global warming.

Toyota Kirloskar Motor (TKM), the Indian arm of the Japanese auto giant Toyota, would want to use such technologies that align with its commitment to reducing carbon footprint as well as cutting down on the use of fossil fuels, Deputy Managing Director Swapnesh Maru said, while adding that they are cognizant of India’s energy scarcity and security situation. The TKM veteran, in a chat with ET, said his company had been adopting technologies that help cut down on emission. The company always pursued pathways that led to the best results, and adoption of a single technology would not achieve that, he said. “In a country as diverse as India, there is no one single best technology to achieve our objectives,” the Dy MD said, adding that they would continue to work on a multi-pronged approach for the Indian market. Hybrid vehicles and blended fuels came close to meeting these goals. “Today, energy scarcity and security are one of the biggest challenges. Any technology that will bring down carbon footprint or use of fossil fuel would be our priority.”

government is all set to bring a Bill in Parliament to amend the 1995 law governing Waqf boards to ensure more accountability and transparency in their functioning and mandatory inclusion of women in these bodies, sources said. They claimed that the move comes in the backdrop of demands from within the Muslim community. The Bill to amend the Wakf Act, 1995, will make it mandatory for Waqf boards to register their properties with district collectors to ensure their actual valuation. There are 30 Waqf boards in the country. The sources on Sunday pointed out that the revenue generated by all Waqf properties is estimated at Rs 200 crore per annum. This is not in sync with the number of properties such bodies have, they said.

Matt Damon, renowned for his diverse roles, has recently hinted at a much-anticipated project that has fans excited. The celebrated actor, known for his role in the classic 1998 film Rounders, has revealed that the cast has expressed a strong desire to reunite for a sequel. Here’s a closer look at the latest developments regarding the potential Rounders sequel and what to expect from Damon's upcoming film.

Riot Games' free-to-play tactical shooter «Valorant» has expanded beyond PC, launching on Xbox Series X and S and PlayStation 5 in several regions.

Advent International plans to tap the capital markets to list portfolio company Manjushree Technopack Ltd, India's largest rigid plastic packaging solution provider, said people aware of the development. A successful listing will help monetise a part of Advent's six-year investment in the entity that counts brands such as Coke, Pepsi and Bisleri among its customers. The private equity group has hired JM Financial, ICICI Securities, Avendus Capital and Goldman Sachs to manage the IPO. It had hired Avendus and Goldman Sachs earlier this December to find potential buyers for Manjushree.

Suits: L.A." moves its production from Vancouver to Los Angeles, marking the beginning of its filming. The legal drama, featuring Stephen Amell, will now be produced in L.A., a Variety report said.

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pandi (pork) curry to showcase the region’s diverse flavours and ingredients. Coorg’s cuisine is built around staples such as rice—in forms like kadambuttu (rice dumplings) and akki otti (rice flatbread)—meat (pork, mutton, chicken and fish), and foraged wild vegetables with subtle influences from Mangaluru and Kerala. The popularity of Kodava cuisine has been fuelled by the passion of chefs such as Anjali Ganapathy, founder of Pig Out, a Kodava pop-up kitchen in Bengaluru.

SA Tech Software listed on the NSE SME platform with a premium of 90% on Friday. The stock debuted at Rs 112.1 as against an issue price of Rs 59. Ahead of the listing, the company's shares were trading with a GMP of Rs 53 in the unlisted market.

Massachusetts Gov. Maura Healey has signed into law a bill requiring businesses with 25 or more employees to disclose a salary range when posting a job

Raymond James has officially begun its August recruitment run by bolstering its employee advisor network in New York.

Picture imperfect: Why Gaurav Banerjee has an arduous job at Sony He acknowledged that the removal would hit the company's revenues but emphasised that would ensure that only viewers who wanted these channels would pay for them. An SPNI spokesperson said in response to Mint’s queries, "SPNI has recently become aware of Tata Play's decision to remove Sony channels from nearly 10 million subscribers’ bouquets.

Navneet Munot, MD & CEO, HDFC AMC, and Bharat Shah, Executive Director, ASK Group, in conversation with Nikunj Dalmia of ET Now on the occasion of Prabhudas Lilladher 80th Anniversary . Naveneet Munot says he feels more positive for the next 10-20 years from foreign portfolio investors' perspective. What the retail presence is doing is bringing down the volatility of the market on a structural basis. Now, our SIP per month is Rs 21,000 crore. In 12 months, it is equal to $30 billion. Then there is NPS, EPFO, insurance, and all of that. This money every day is so large. It will provide more stability to the market. On FIIs and FPIs Navneet Munot: Despite whatever was happening in the world, most of the great market people like Amisha bhen (Amisha Vora, Prabhudas Lilladher co-owner & Joint MD), have served like foreign portfolio investors for the last 30-32 years when they started investing. Out of the last 30-32 years, for almost 24 or 25 years, they have been net buyers of Indian equities, except for six or seven calendar or financial years, where they have been a net seller of Indian equities.

Panorama Studios International has announced July 31 as the record date for its 1:5 stock split. This means today is the last day to purchase shares in order to qualify for the split. Earlier in June, Panorama Studios revealed that it would split its shares in a 1:5 ratio. As a result, each share with a face value of Rs 10 will be split into 5 shares with a face value of Rs 2 each.

MUMBAI : ICICI Bank’s core operating profit grew by 11% year-on-year in the June quarter (Q1FY25) to ₹15,412 crore. But it should be noted that a good part of this growth was aided by almost tripling of the dividend income from group companies to ₹894 crore. Excluding dividend income, core operating profit increased by 7%.

cottonseed oil is anticipated during the festive season due to heightened demand even though the cotton yield this season has surpassed expectations, industry officials said.

fashion discovery and savings platform Magicpin said it will invest Rs 100 crore to onboard 1 lakh new restaurants and cloud kitchens on ONDC.

India House, a landmark initiative by the Reliance Foundation and the Indian Olympic Association (IOA), was inaugurated at the Paris Olympics on Saturday, marking a step in India's journey towards potentially hosting the Olympic Games in the future.