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Delhi Airport operated by the GMR group has become the first airport in India to successfully achieve Net Zero Carbon Emission Airport status Level 5 certification under the Airport Council International’s (ACI) Airport Carbon Accreditation (ACA) programme. This prestigious certification recognizes the airport's commitment to reaching and maintaining a net zero carbon balance for emissions under its control (Scope 1 and 2), while also extending efforts to influence and report on all other emissions (Scope 3). Delhi Airport's remarkable achievement of Level 5 certification underscores its leadership in sustainability and carbon management. The airport had initially set an ambitious goal to become a “Net Zero Carbon Emission Airport” by 2030. Through relentless efforts, innovative strategies, and proactive initiatives such as the adoption of renewable energy, development of green airport infrastructures, promotion of electric vehicles, and implementation of zero waste to landfill programs, DIAL has met its target well ahead of schedule.

reserves in the month of July in one month since certain Indian government bonds were included in the JP Morgan bond index. Of this, $3 billion worth flows were only for index eligible bonds, said bond market analysts.

Canada Pension Plan Investment Board promoted Caitlin Gubbels to lead its global private equity group, replacing Suyi Kim, who’s leaving the fund manager after 17 years.

Snappy Kraken, a provider of marketing technology for financial advisors, has launched Snappy Kraken Enterprise, a comprehensive growth and marketing platform designed for mid-market and enterprise-level financial services organizations, including registered investment advisors and broker-dealers.

A panel has laid out specifics designed to bring numerous North Carolina state government agencies together to improve outcomes for prisoners when they are released, leading to reduced recidivism

Live Updates: From early beginners to aggressive investors, it is impossible to ignore mutual funds while planning a long-term investment strategy. Similarly, it is unthinkable to manage mutual fund investments without Livemint’s coverage of MF news, returns, NAVs, fund managers, SIP, NFOs, equity MFs, and other mutual fund schemes.

social media in our lives has seen a massive transformation. From facilitating casual interactions to becoming sources of instant news, entertainment, product discovery and promotion, social media performs many roles today. Plus, with more and more companies switching to the social space to generate awareness about their products and services, social media is brimming with opportunities and seeking fresh talent.

The big divide in America is not so much between Republicans and Democrats as between people who invest and people who don’t. For a man of his means who is running for America’s second-highest office, Tim Walz is on the wrong side. In 2022, 58% of Americans owned stock, either directly or indirectly through mutual funds.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Bhargav Buddhadev, Fund Manager, Ambit Asset Management, warns that few sectors within capex-oriented themes could see selling pressure. “Sectors like roads, railways, defense could see selling pressure given that the government in the recent budget has significantly cut down the budget allocations across these sectors, and in general as well. The Government’s capex budget expenditure, which saw a CAGR of ~12% over FY20-24 reduced to ~9% in FY25 budget estimate,” he says. Edited excerpts from a chat: FIIs have been the biggest sellers in the Indian market in the last few days given all the worries related to recession, reverse carry trade of yen, and other global factors. By when do you think we can start seeing a reversal as far as FII mood is concerned? Bhargav Buddhadev: Earnings should be the biggest driver for FIIs to start re-looking at India.

It also formed a bearish candle on the daily chart with a long upper shadow, indicating that the sell-on-rise trend may continue.

₹7,050 crore to ₹26,363 crore in the year through July, reflecting a significant increase in investor interest, said Feroze Azeez, deputy chief executive officer at Anand Rathi Wealth. “The best-performing fund in this category delivered around 80%, while the worst-performing fund achieved about 25%." “The rise in inflows and the launch of new funds—49 in total, with 9 introduced this year—indicates that this investment style has picked up considerable traction," said Azeez. Factor-based investing has been globally recognized since the 1960s as stock-pickers looked for traits that could deliver better risk-adjusted returns than traditional strategies.

Wipro has appointed Sandhya Arun as its chief technology officer (CTO) with immediate effect, as per an internal email, hours after Subha Tatavarti resigned as CTO to pursue opportunities outside the country’s fourth largest IT firm. Arun, who has held various leadership positions at Wipro over the past eight years, has been instrumental in bringing about technological innovation, leading digital transformation and pioneering the integration of artificial intelligence (AI), said the email, a copy of which was seen by ET. In her new role, she will report to chief technology and strategy officer Hari Shetty.

Michelle Gass, chief executive of Levi Strauss & Co, said the denim maker's global operations should take a cue from the Indian business in terms of keeping speed, agility and execution of its retail strategy in a market, crucial to achieving its $10-billion annual revenue target, up from about $6 billion currently. «Speed, decisiveness, agility, risk taking and making decisions, India does it really well. Every market has their own local product engine, but the bigger opportunity is operating like this speedy, agile retailer, and taking this culture of the Indian team and bringing that throughout the company is a great opportunity,» Gass told ET in an interview, adding that the Indian team is amongst the strongest it has globally. «This is one of the most dynamic, exciting markets I have been to, and there's so much happening. We have had strength in the market for some time, but they are constantly challenging themselves to be better and evolve and that's what's accelerating our growth here,» she said.

Table Space, one of the largest managed workspace providers has strengthened its top leadership team. The firm has appointed John Hogan as Chief Sales Officer, Americas and Robert Newman as Non-Executive Chairman. The recent leadership appointments reflect the company's commitment to its larger expansion plans focused on Global Capability Centres (GCCs); further reflecting the healthy demand of clients looking to establish their presence in India. “As a pioneer of managed office spaces (MOS) in India, Table Space has experienced significant growth since its inception. Today, 41% of our growth is driven by our existing Fortune 500 and GCC-focused clients. Given the trust placed in us by these global organisations, it was crucial for us to bring on board strategic leaders with international expertise to strengthen our relationships with current and prospective clients. Robert's deep knowledge of the GCC market and John's extensive experience in corporate real estate will complement our growth trajectory, helping us achieve new milestones. I am thrilled to have them join us at Table Space,” said

Canada Pension Plan Investment Board has put a portfolio of distressed Spanish loans up for sale, as the fund works to reduce its exposure to the country built up during the financial crisis last decade.

State Street Corporation has announced a new head of Investment Services, its largest business.

Euphoria in the stock market has prompted scores of new investors to scour the internet for stock tips, giving rise to a host of illegal stock advisory channels. Despite the booming demand, only 1,371 entities are officially registered with Sebi as research analysts (RAs). In response, the markets regulator has proposed relaxing the rules for becoming an RA.

AssetMark is looking to expand its influence in the wealth tech space by helping advisors tap a flourishing opportunity in financial planning for their clients.

Honasa Consumer, the parent of beauty and personal care brand Mamaearth, said its hair care brand, BBlunt, has achieved an annual revenue run rate (ARR) of Rs 100 crore and grown over four times since the company acquired it in 2022. ARR is the projection of a company’s annual revenue based on its current performance. The achievement was driven by data-based innovation strategy and product development process, integrating insights from stylists, consumer interactions and salon testing, the company said in a news release Tuesday.

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...