Sustainability Financial News

ESPNCricinfo. With critics accusing Pakistan Cricket Board chairman Mohsin Naqvi of forcing Pakistan's players to train with the military during the last few days of Ramzan, Naqvi rejected the camp had anything to do with players' injuries. Briefing a press conference, Naqvi said, as quoted by ESPNCricinfo, "Injuries never occur due to fitness training." ALSO READ: Pakistan cricket team to train with army for 10 days to improve fitness: PCB chief Mohsin Naqvi He added, "People have got various theories around how to make players fit.

Indian stock market: The Nifty remained under selling pressure throughout the session as the index failed to sustain above the crucial level of 22500. On the daily chart, a dark cloud cover pattern is observed, indicating a potential bearish reversal. Immediate support is situated at 22300, below which the Nifty could extend its losses towards 22000.

Decades before the term ‘Viksit Bharat’ was coined, Rabindranath Tagore’s Gitanjali held out an Indian vision: “Where the mind is without fear and the head is held high; Where knowledge is free; Into that heaven of freedom, my Father, let my country awake." This encapsulates Viksit Bharat. With visible changes in many sectors, India is moving rapidly towards becoming a developed nation by 2047.

AdaniConneX, a 50:50 joint venture between AdEnterprises and EdgeConneX, has established India's largest sustainability linked financing to raise up to USD 1.44 billion. In a press release on Sunday, AdaniConnex said the financing has an initial commitment of USD 875 million, with a feature to extend commitment up to USD 1.44 billion. The transaction takes AdaniConneX's construction financing pool to USD 1.65 billion, building on the maiden construction facility of USD 213 million executed in June 2023.

Saudi Arabia on April 29 to meet with regional partners. Blinken, on his two-day visit to Saudi Arabia, will discuss ongoing efforts to achieve a ceasefire in Gaza that secures the release of hostages and «how it is Hamas that is standing between the Palestinian people and a ceasefire,» the US State Department said in a release.

Girish Madan, Director, Fitch Ratings, says it would be a combination of both thermal and renewable generation sides. In renewables, wWe have seen some pressure on the earnings because tariffs were coming down as competitive intensity was increasing in the sector, but of late the profitability should increase because some of the variables have turned in favour of the Gencos. Some of the commodity prices have also come down. Plus, there has been a 20-30% correction in solar module prices. All these factors could lead to enhanced EBITDA generation as well as profitability for Gencos. Where exactly in the power basket are we seeing the highest amount of activity in terms of addition of capacities? Girish Madan: Over the last few years, we have seen a large part of capacity addition has happened in the renewable space. If we talk about the last two years, around 40 gigawatts have been added in India and 80% of that has gone into solar and wind capacities, mainly solar capacities, so that is where we have seen capacity addition happening. We have seen some volatilities as far as the demand was concerned before COVID, so there was a slowdown in capacity addition. But sustained demand over the last three years has led to a great increase in capacity addition.

rebounded after two weeks of profit-taking and gained over a per cent. The week kicked off on an upbeat note, buoyed by positive cues from the global markets. However, volatility ensued as the week progressed, with the markets grappling with uncertainties surrounding mixed earnings.

Gaswizard’s GWIZ token presale has captured the attention of cryptocurrency enthusiasts and investors alike, achieving an unprecedented milestone by surpassing $50,000 in just five days. This remarkable accomplishment underscores Gaswizard’s commitment to revolutionizing the fuel industry and empowering users with innovative solutions for fuel savings and mobility.

boarding a chopper during election campaigning in the state’s Durgapur city. The incident comes in the middle of the ongoing Lok Sabha Elections in which Mamata Banerjee-led Trinamool Congress is involved in a high-stake battle with the Bharatiya Janata Party and the Congress in 42 seats of West Bengal. In 2019 general elections, the TMC had won 22 of the 42 Lok Sabha seats in West Bengal.

equities in April breaking their two months of buying activity. In April so far, thay have sold local stocks worth Rs 6,304 crore. In March and February, FPIs were net buyers at Rs 35,098 crore and Rs 1,539 crore after selling shares worth Rs 25,744 crore in January. On the net basis, they are still buyers at Rs 4,589 crore, so far in this year.

Congress on Saturday slammed as «false propaganda» Prime Minister Narendra Modi's 'snatching quotas' remarks and alleged that it was the BJP that was against reservation for SCs, STs and OBCs. Congress general secretary Jairam Ramesh said the reality is that since 1950, reservation in education and employment has been possible when there have been Congress prime ministers and Congress governments at the helm. In a video statement, Ramesh said, «The prime minister is repeatedly indulging in the false propaganda that the Congress is against the reservation for SCs, STs and OBCs and wants to snatch it away. This is absolutely false.» «The reality is that the provisions in the Constitution for reservation for Scheduled Castes and Scheduled Tribes were made because of B R Ambedkar, Jawaharlal Nehru, Sardar Vallabhbhai Patel and other Congress leaders. So, this was the contribution of the Congress,» Ramesh said.

Congress leader Priyanka Gandhi Vadra on Saturday said that the Bharatiya Janata Party wants to weaken the democracy in the country and has pressurised every institution in the last 10 years to not comment against it. Addressing an election rally in Valsad, Priyanka Gandhi Vadra said, «They (BJP) want to weaken the democracy and people of the nation. Institutions that protect your rights be it media have been weakened. Media used to ask us every day but nothing of that sort is happening today.» Referring to remarks of BJP leader Anantkumar Hegde on «rewriting constitution», Priyanka Gandhi said that it is a «dangerous» trend.

Delhi Chief Minister Arvind Kejriwal on Saturday filed his response on the Enforcement Directorate’s affidavit in the Supreme Court. He said that the mode, manner, and timing of his arrest just before when the schedule of the Lok Sabha elections had been announced and the Model Code of Conduct had come into play, speaks volumes about the arbitrariness of the ED. Kejriwal also said that there exists no proof or material demonstrating that the AAP received funds or advanced kickbacks from the South group, let alone utilising them in the Goa election campaign.

Mallikarjun Kharge on Saturday said that the names of party candidates for prestigious Amethi and Rae Bareli seats in Uttar Pradesh will be announced in a «few days». Addressing a press conference here, he claimed that though the BJP says the corrupt must be put in jails, when leaders facing corruption charges join the saffron party, they are «put on the lap» and sent to Rajya Sabha or assembly. «You have to wait for a few more days… when the names of candidates come from people to me and I sign the notification, it will be announced,» he said when asked about candidates for Amethi and Rae Bareli Lok Sabha constituencies. «Those questioning Congress leaders for changing constituencies must also tell me how many times have (Atal Bihari) Vajpayee and (Lal Krishna) Advani changed their seats,» Kharge said, when asked about the BJP criticising Rahul Gandhi for fighting the elections from Kerala's Wayanad instead of Amethi.

West Bengal Chief Minister Mamata Banerjee encountered a minor injury while boarding her helicopter on Saturday in Durgapur. This incident occurred as she was enroute to a public rally in Asansol. Banerjee proceeded with her scheduled activities after receiving first aid.

Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities, lists out three ideas for the week ahead — HUDCO, City Union Bank and Deepak Nitrite.

Huawei Technologies Co's latest smartphones carry a version of the advanced made-in-China processor it revealed last year, independent analysis revealed, underscoring the Chinese company's ability to sustain production of the controversial chip. The Pura 70 series Huawei unveiled last week sports the Kirin 9010 processor, consultancy TechInsights found in a teardown of the device. That's a newer version of the Kirin 9000s made by Semiconductor Manufacturing International Corp. for the Mate 60 Pro, which alarmed officials in Washington who thought a 7-nanometer chip beyond China's capabilities.

Aussiebum, Australian brand of men's swimwear, underwear, and clothing plans to establish its own manufacturing unit in India to produce for domestic and global markets, Sean Ashby founder and CEO of the company told ET. The brand aim to capture 3-5% share of the innerwear market in India by 2026 and has already started selling online. “This localized production will create employment opportunities while enabling aussieBum to seamlessly blend Indian talent and resources into its design and innovation process,” said Ashby.

Small cap stock below ₹10: The board of directors of Standard Capital Markets Ltd is going to consider and approve a special dividend for its eligible shareholders in its upcoming meeting next week. The board of directors of the dividend paying stock may also consider and approve the fundraise proposal in this meeting through the issuance of fresh shares.

Its AUM rose 9.4% year-on-year overall, increasing 3.9% over the first quarter alone. This was partly driven by various «market dynamics», including positive foreign exchange effect alongside overall net inflows hitting €53.5bn over 12 months to the end of March 2024. US sustainable funds suffer highest redemptions on record in first quarter In Q1, Amundi recorded net inflows of €16.6bn, which the CEO Valérie Baudson noted were «very balanced» across its main client segments, variety of expertise bases and geographies. This pushed against the wider slowdown trend across European...

Nestle India’s share price fell on Friday to the day’s low of Rs 2,511.60, dropping 2% after the company declared its Q4 results on Thursday. The standalone net profit rose 27% year-on-year (YoY) to Rs 934 crore for the March quarter as compared to Rs 737 crore a year ago.