Sustainability Financial News

15.01 / 08:33

UPS security Sustainability Research wellness International Euler Motors secures $20 million in debt funding for expansion

electric vehicle maker Euler Motors on Wednesday said it has secured up to USD 20 million in debt from responsAbility Investments AG to ramp up production and distribution networks as well enhance research and development capabilities. The fresh capital infusion comes close on the heels of the company closing its Series C funding round, raising an additional Rs 200 crore from investors including British International Investment, Blume Ventures, and Piramal Alternatives India Access Fund, Euler Motors said in a statement.

15.01 / 02:57

Citi Provident Sustainability Remark fun innovations travelers Pet care goes smart with tech

Subscribe to enjoy similar stories. The world of pet care has seen remarkable advancements in the last year, offering pet parents exciting new ways to enhance the lives of their companions. With innovative technologies, wellness-focused solutions and sustainable practices, caring for pets has never been more effective or rewarding.

15.01 / 02:15

markets Provident Strategy Sustainability BBC PAM information Fire at Bangalore Bioinnovation Centre damages properties worth Rs 110 cr: Minister Kharge

Bangalore Bioinnovation Centre (BBC) on Tuesday morning and there were no casualties, Karnataka Minister Priyank Kharge said. The BBC is a Government of Karnataka undertaking which is located at the Electronic City in Bengaluru.

14.01 / 22:09

markets Provident security Strategy Sustainability PAM track Aditya Birla-backed Digantara takes flight onboard SpaceX’s rocket, system to monitor and detect objects

Digantara said it has successfully launched its SCOT (Space Camera for Object Tracking) mission for space surveillance which will detect and track objects as small as 5 cm. The launch took place on Tuesday night aboard SpaceX’s Transporter-12 mission. SCOT aims to enhance space safety, optimize traffic management, and bolster national security initiatives, the startup said.

14.01 / 17:33

markets Target Sustainability wellness Schroders Capital appoints Peter Lowe as head of UK real estate investment

Lowe, who joined Schroders as a fund manager in 2022, will support the UK real estate team in targeting outperformance for clients and capturing market opportunities as well as retaining his existing fund management responsibilities. SJP gives £5.2bn sustainable investment mandate to Schroders The appointment follows the promotion of former head of UK real estate Nick Montgomery to global head of real estate in September. In his new role, Lowe will work closely with Montgomery and Rebecca Gates, head of UK real estate asset management. Montgomery commented: «As we continue to s...

14.01 / 15:55

markets Gap Sustainability Parke Food show rights Banks added over ₹2 trillion more in deposits than loans in 2024

Subscribe to enjoy similar stories. MUMBAI : Banks in India added more deposits than loans last year, leading to a softening of the credit-deposit ratio, even as deposit growth failed to keep pace with advances, showed latest data from the Reserve Bank of India (RBI). The gap between fresh deposits and non-food credit widened to over ₹2 trillion in 2024, higher than ₹1.3 trillion in the previous year.

14.01 / 12:51

Platform Sustainability abrdn cuts fees and rebrands MyFolio Managed range

The changes to the OCF framework will take effect on 1 April 2025 and will impact the funds' institutional share class, which forms the primary class available on distribution platforms. The OCF for the abrdn MyFolio Managed I fund will decrease from 0.7% to 0.56%. abrdn to adopt 'Sustainability Focus' label for two equity funds Similarly, abrdn MyFolio Managed II fund will see its OCF drop from 0.69% to 0.59%, while for the abrdn MyFolio Managed III mandate, that will fall from 0.73% to 0.61%. In the case of both the abrdn MyFolio Managed IV and the abrdn MyFolio Managed V...

14.01 / 08:09

markets Manufacturing Gap Sustainability Experts innovations reports Trump just can't afford to ditch H-1B visas. No matter what the debate is.

H-1B visa program has become a critical pillar for sustaining economic growth and innovation. With a predicted shortfall of 1.2 million tech workers by 2026 and nearly 1.9 million manufacturing jobs expected to remain unfilled by 2033, experts warn that reducing or eliminating H-1B visas could exacerbate these challenges.

13.01 / 20:19

Racing economy Sustainability Boxing Bill country reports Thailand's Cabinet approves a draft bill to legalize casinos to boost tourism and economy

Thailand’s Cabinet approved a draft bill legalizing casinos with the aim of boosting tourism and a sluggish economy Some forms of gambling, such as betting on boxing and horse racing, are allowed but casinos remain illegal in the Southeast Asian country

13.01 / 17:55

markets Digital Strategy Sustainability Food Experts PAM Health and wellbeing take centre stage among startup founders

13.01 / 16:29

UPS Analysis Sustainability Trade Experts reports Sustained deal flow, guidance revision signal gradual revival in demand for HCL Tech

HCL Technologies (HCL Tech) beat the analyst expectation in terms of rupee denominated net profit and margin improvement though the dollar revenue growth was marginally below the estimates. The country’s third largest software exporter revised the lower end of the FY25 revenue growth guidance to 4.5% from earlier 3.5%, implying that it was on course to report among the best growth in the top tier.

13.01 / 16:29

COST Target CEO Strategy Sustainability rights WeWork India raises Rs 500 crore via rights issue, aims to reduce debt

rights issue. The funds will be utilised for the repayment of debt, strengthening the company’s pathway to being debt free, and reducing cost of capital. “Over the past eight years, we have been focused on long-term, sustainable growth. With the recent successful completion of our rights issue, we are on the path to being debt-free. This underscores the trust and confidence our investors and shareholders have in our vision and strategy in India. With this capital infusion we aim to strengthen our balance sheet by repaying existing debt and aim to drive growth which will cement WeWork India's position in the industry,” said Karan Virwani, Managing Director & CEO, WeWork India.

13.01 / 11:25

markets Target Strategy Analysis Sustainability Trade Experts Goldman Sachs analysts answer 5 investor questions before Union Budget

fiscal deficit targets, consolidation efforts, spending priorities, among others, as markets keenly observe how India’s fiscal policymakers plan to navigate a cyclical growth slowdown and elevated public debt. The first question investors are asking, according to Goldman Sachs, is whether the government will meet its FY25 fiscal deficit target of 4.9% of GDP. The brokerage said the answer to that is yes. Higher income tax collections and increased dividends from the Reserve Bank of India (RBI) and state-owned enterprises are expected to offset shortfalls in corporate taxes and excise duties. Lower-than-budgeted capital expenditure further supports the government’s ability to stay on track despite slower nominal GDP growth.

13.01 / 10:29

markets security Analysis Sustainability trends Trade Experts Why are markets falling? Key factors driving the downtrend and this week's outlook

Indian stock markets have been on a bumpy ride over the past few months. While there were moments of recovery, the lack of stability has left many investors feeling uncertain and losing confidence. So, what’s really going on? ETMarkets spoke to Kranthi Bathini, Equity Strategist at Wealthmills Securities to decode the current market scene. Excerpts: Markets have been on a downtrend lately, can you summarize the current market situation? Kranthi Bathini: We’ve observed a seesaw pattern in the markets recently. After a mild recovery in early January, markets failed to sustain above the 24,000 mark due to several factors:

13.01 / 07:39

Provident Digital Citizens Platform security Sustainability information How AI and digitalisation can make India's pension schemes more accessible and efficient

India’s pension sector has historically been limited in scope, with coverage predominantly available to government employees and a small fraction of the private-sector workforce. In the past, pension services were riddled with bureaucratic challenges, requiring beneficiaries to fill in complex paperwork, endure long delays, and often travel to distant government offices to collect their pensions. These barriers were particularly significant for India’s rural population, which struggled to access pension schemes due to limited infrastructure and awareness.

13.01 / 07:25

markets Entertainment Sustainability Food Research Inside innovations From toys to apparel: Inside the growing market for children’s products

Subscribe to enjoy similar stories. From educational toys to healthy snacks, consumer brands are tapping into a fast-growing opportunity in children’s products, driven by modern parents’ willingness to invest in high-quality, safe, and innovative offerings. Brands such as Peak XV-backed toy maker Skillmatics, kids apparel-focused Includ, and entertainment firm Green Gold have seen their businesses grow due to interest in a fairly underserved category, the founders told Mint. Skillmatics’ global revenue touched nearly ₹500 crore in 2024 while its India business doubled in the same period compared to the previous year, its founder and chief executive Dhvanil Sheth said.

13.01 / 00:35

markets Target Sustainability Trade show performer recommendations Stocks to buy: Ankush Bajaj recommends three stocks for today—13 January

Subscribe to enjoy similar stories. On Friday, the market opened flat at 23,551.90, and with high volumes, it fell by 222 points to the intra-day low of 23,344.35. However, after coming close to 23,350, the market showed strength and rose 240 points to intra-day high of 23,596.60.

13.01 / 00:09

markets Sustainability trends Trade track recommendations Features Stocks to buy: Two stock recommendations from MarketSmith India for 13 January

Subscribe to enjoy similar stories. India's benchmark index, Nifty 50, extended its losing streak to three consecutive sessions, closing at 23,431.50. The index opened the session on a muted note at 23,551.90, tracking global market cues, and remained range-bound for most of the day.

13.01 / 00:09

Provident Digital Platform security Sustainability Diversity innovations UPI ends 2024 on a high; industry bats for more incentives, monetisation to support growth

Subscribe to enjoy similar stories. The Unified Payments Interface (UPI) platform ended 2024 on a high, posting record transactions in December both in terms of value and volume.

12.01 / 09:47

markets Digital Strategy Sustainability Trade Experts country Geopolitical uncertainties, Trump 2.0, AI to influence global trade in 2025: Experts

India, they said, need to prioritise their AI (artificial intelligence) strategy as it promises to transform trade logistics and supply chain management and reshape traditional trade patterns. «AI is fast emerging as an important vehicle for future trade's journey. The AI-driven digital transformation is poised to boost not only services trade, but it may also create whole new categories of tradable AI-powered goods — from autonomous vehicles to robotics and beyond,» trade expert and Hi-Tech Gears Chairman Deep Kapuria said.

11.01 / 17:23

markets UPS Sustainability Research Simulation Experts Mission fusion: 3 Indian startups working on clean and unlimited energy through nuclear fusion

It isn’t only Pranos that is bringing in the excitement of nuclear fusion to India. At least two more Indian startups are taking baby steps in the sector. Anubal Fusion, headquartered in Hyderabad, was the first Indian startup to throw the hat into the ring. It has raised a pre-seed round from VC firm Speciale Invest. Hyderabad-based Hylenr has, meanwhile, received a patent for its version of a low-energy reactor which, in theory, could have applications in specific low energy use cases like aboard satellites. The three startups, all at an early stage, are taking different routes to solving the challenges in sustaining fusion.

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