Sustainability Financial News

AU Small Finance Bank, Equitas Small Finance Bank and DCB Bank on Wednesday reported their Q4 results. Of the three, AU SFB and DCB Bank have also announced dividends. Here’s how they performed in Q4FY24:

edtech platforms to upskill themselves in green technology and sustainability. Edtech firms like Coursera, Emeritus, UpGrad and Terra.do are seeing high enrolment rates for courses related to ESG reporting, climate technology, carbon accounting, lifecycle analyses, etc. There is also an increasing trend of engineers wanting to learn the tech stacks used in the climate tech industry, or product managers learning how to reduce emissions of their digital products.

AI-driven quantitative investing, cryptocurrency derivatives, and quantum data analytics. As we traverse new frontiers of investment opportunities unlocked by AI, it is crucial to maintain an equilibrium. Trust remains key in making investment decisions, which reinforces the balance between embracing innovation and human discretion into finance.

Axis Bank on Wednesday announced that its board has approved the raising of funds worth Rs 55,000 by way of a mix of debt and equity. Of the total approved plan, the lender will raise around Rs 35,000 crore through issue of various debt instruments including long term bonds, masala bonds, sustainable, optionally/compulsorily convertible debentures among others.

360 ONE Wam, formerly known as IIFL Wealth Management, saw its share price surge by 13.60% during today's early morning trading session, reaching ₹870 per share. This increase followed the company's release of strong financial results for both the March quarter and the full fiscal year FY 24. The stock's surge today marks a remarkable gain of 101.50% over the past year and an impressive nearly 200% increase over the span of three years.

Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday

AMFI data. At the same time, new mutual funds’ folios in the mid cap category stood at 2,99,584. In the large cap funds, the number of new folios stood at 1,79,114.

Hitachi Payment Services has launched India's first upgradable ATMs wherein, an ATM unit can be converted to a cash recycling machine (CRM) as and when a bank needs it, eliminating the need for a separate CRM. This can be done at a bank branch, and offsite as well. Most banks offer deposit services at branches, and withdrawals can happen at off-branch locations. With a way to upgrade ATMs to CRMs, banks eliminate the need to replace ATMs. These machines will be UPI-enabled for cash deposit and withdrawal.

Day trading guide for today: Domestic equity benchmarks Sensex and Nifty 50 rose for the third straight day in the previous session following gains in telecom, tech and consumer durable shares amid a strong trend in the global markets. Volatility index plunged to within a margin of its record closing low amid fading worries over a major escalation in the Middle East conflict. The fear gauge India VIX which suggests how much the Nifty 50 index is likely to change in the next 30 days, plunged 20 per cent to reach near the level of 10.

The committee now includes special invitees from the industry including director general of Organisation of Pharmaceutical Producers of India (OPPI), managing director, US-India Strategic Partnership Forum (USISPF), industry representatives like Medical Technology Association of India (MTal), Confederation of Indian Industry (CII), forum coordinator of Association of Indian Medical Device Industry (AiMed), Federation of Pharma Entrepreneurs (FOPE), among others. The committee will evaluate the availability of medicines and medical devices, the pricing of essential medicines while providing incentives to the industry to maintain growth and build sustainability in exports. The committee will soon start consultations with the industry experts and associations of both medicines and medical devices, people in the know told ET.

₹1,00,893.63 per kl in Delhi, 3% higher on-year and 54% higher than in FY20. A strong and sustained demand is expected to result in tailwinds for Indian airlines.

geo-strategic landscape is characterised by a change that is taking place at an «unprecedented» scale and speed, Army Chief Gen Manoj Pande said on Tuesday while asserting that military strength and capabilities are necessary to prevent wars. Recent geopolitical powerplays have displayed, that where national interests are concerned, countries will «not hesitate» to go to war. These developments have reaffirmed the relevance of hard power, he said this during an event here. The Army chief took part in the AIMA National Leadership Conclave and spoke on 'Hard Power: Modernising Forces through Self-reliance'. He said the overall rise of a nation can be said to occur when there is a significant and continuous increase in its «comprehensive national power».

INR 829 crores up 30% from a year ago.The company has achieved revenue of INR 285 crores with an unprecedented revenue growth of 37% YoY in Q4 and an increase in profitability of 585% YoY to INR 43.50 crores in Q4, showcasing its resilience and strategic prowess in navigating challenging market conditions.67% of the revenue was contributed by the company’s distillery division, Piccadily Distilleries.Full Year Fiscal 2024 Financial Highlights Speaking on the results, Dharmendra Kumar Batra, Whole Time Director, Piccadily Agro Industries Limited, said “We're thrilled to announce a phenomenal quarter, capping off a year of exceptional performance. This achievement is a testament to the dedication and talent of our team. Looking forward, we're energized by our future initiatives aimed at sustaining profitable growth and creating strong value for our shareholders." Stock Ticker: (PICCADIL | 530305 | INE546C01010)https://www.bseindia.com/stock-share-price/piccadily-agro-industries-ltd/piccadily-agro-inds/530305/ About Piccadilly Agro Industries LimitedPiccadily Agro Industries Limited (PAIL), a Public Limited Company was incorporated in the year 1994.

Nifty on Tuesday ended 32 points higher to reclaim its level above 20-DEMA placed at 22,309 and form a small negative candle, which is indicating ongoing range bound movement in the market. The near-term uptrend status of Nifty remains intact and the short-term trend is choppy. Further consolidation or minor dip could be a buying opportunity. A sustainable move above 22,500 could open next upside towards 22,800 levels. Immediate support is at 22,200 levels, said Nagaraj Shetti of HDFC Securities.

Google is investing 600 million euros ($640.62 million) in a new data centre in the Dutch city of Groningen, it said on Tuesday, adding the investment will create 125 new jobs. Since 2014, Google has invested more than 3.8 billion in data centres and related digital infrastructure in the Netherlands.

– By Sagar Muthappa

In the case of any financial investment strategy, diversification is what can save you even when the times are bad. Of course, the big players remain relevant more often than not, it is always a good decision to try out promising new players with show some promising prospects. The BEFE coin is one such altcoin that has been experiencing fast growth in the last few months. It has also captured the attention of experienced and new investors alike.

Kollam, G Krishnakumar, has landed in an embarrassing situation as a local leader of the saffron party has been found responsible for the eye injury he sustained during a heated poll campaign. Krishnakumar had recently lodged a complaint with Kundara police, alleging that it was suspected to be an attack with a strong weapon by his political opponents.

India’s tech hub Bengaluru has been grappling with an acute water crisis for the past few weeks. The city’s high concentration of major industries—beyond just tech—has set alarm bells ringing with temperatures set to shoot up further. While it’s not possible to track water usage at offices across the city, a similar exercise for listed companies headquartered in Karnataka’s capital revealed an 11% collective increase in consumption in 2022-23.

earthquake on April 3 claimed the lives of at least 14 people and there were over 1,000 aftershocks since then. 1) Many aftershocks rocked Hualien in eastern Taiwan on late Monday and early Tuesday. However, no fatalities or significant damage was recorded.

Kargil war of 1999 remains etched in history as a testament to India's valour and sacrifice. On July 26, 1999, India marked its victory in this war, hoisting the tricolor proudly atop the peaks of Kargil with the bravery and resilience of its soldiers. Among the numerous heroes of the Kargil war stands Yogendra Singh Yadav, the youngest recipient of the Param Vir Chakra, India's highest military honor. Yadav's valorous act of leading the assault on Tiger Hill, despite sustaining 15 bullets, earned him the title of the "Hero of Tiger Hill."