GREEN BOOK
Hotels in India move ahead of global peers in sustainability goals
Top hotel chains in India are setting high sustainability goals, with targets like 100% green certified buildings and significant reductions in plastic waste. The hospitality industry is embracing renewable energy and innovative technologies, driving sustainability efforts ahead of global peers, thereby creating a more environmentally friendly travel experience.
Should investors book some profits, or just stay invested? Vinay Paharia explains
Vinay Paharia, CIO of PGIM India MF, highlighted a growing bubble in low-quality and low-growth market segments, urging investors to steer clear. He advocated for portfolios featuring high-growth, high-quality companies. PGIM’s multi-cap fund targets these companies in various market segments, with a keen eye on sectors like healthcare, consumer discretionary, and financials.
RBI, Sebi look to facilitate local issuance of green bonds
To enable companies to issue Environmental, Social, and Governance (ESG) bonds locally, the Reserve Bank of India's (RBI) chief general manager Dimple Bhandia talked about the need for an enabling framework for such green bonds within the country, at an Assocham event Friday.
CBI probing Hindalco & MoEF ex-Director over green nod to Talabira Project in 2014-15
The Central Bureau of Investigation (CBI) is probing Hindalco Industries Ltd (HIL) and former MoEF director Dr T Chandini for alleged corruption involving excess coal mining from 2000 to 2013. The violations occurred in critically polluted areas, leading to the reallocation of mines in 2015-16. Hindalco no longer owns these mines.
House of the Dragon Season 3: Here’s what you can expect based on the book
As "House of the Dragon" concludes its second season, fans eagerly anticipate the dramatic events of Season 3. Based on George R.R. Martin's "Fire & Blood”, here’s what you can expect from the upcoming series.
IIFCL targets Rs 75000 crore loan book this fiscal
"We are expecting to cross a loan book of over Rs 75000 crore this fiscal. We had touched almost Rs 60,000 crore last fiscal" said PR Jaishankar, Managing Director, IIFCL at the company’s stakeholders meet in Mumbai on Friday.
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Green Card for Geniuses: Everything you need to know about the EB-1A visa
The EB-1A visa category allows foreign nationals with exceptional skills in diverse fields like science, arts, and business to obtain a U.S. green card. Applicants needed to demonstrate extraordinary ability by meeting at least three of ten criteria. Advantages included self-petitioning, no PERM certification, faster processing, and eligibility for dependents.
REC Ltd looking at financing overseas projects, submitted application for subsidiary at GIFT City
REC Limited, a 'Maharatna' company under the Ministry of Power, has applied to open a subsidiary in Gujarat's GIFT City to begin financing offshore projects. CMD Vivek Kumar Dewangan announced plans to start offshore financing this financial year. REC reported a 19% increase in revenue to Rs 13,023 crore and a 16% rise in net profit to Rs 3,442 crore for Q1 2024. The company aims to double its loan book to Rs 10 lakh crore by 2030, focusing on renewable energy and non-power infrastructure.
Big movers on D-Street: What should investors do with Adani Green, Nestle and Tech Mahindra?
Stocks that were in focus include names like Adani Green, which fell 7.75%, Nestle, which declined 2.5%, and Tech Mahindra, whose shares rose 0.44% on Thursday.
Silver’s got the shine to beat other asset classes, better buy on dips
Analysts recommend investing in silver as it is expected to outperform other asset classes in the next year. With strong industrial demand and potential interest rate cuts, buying on dips could yield significant returns. Consider a tactical allocation for potential gains.
How did black slave make sour-mash Jack Daniel whiskey for which US is known today?
Nathan Nearest Green was a black slave born in the US while his ancestors were from Africa and sold to white masters. He developed sour-mash whiskey which is still the top-selling whiskey and most globally recognized spirit made in the US. Green's descendants have been working at the distillery for more than 150 years.
These 2 soon-to-list SME IPOs are boasting a GMP of over 100% despite NSE price cap
Ganesh Green Bharat is enjoying a GMP approximately 120% higher than its issue price, while Effwa Infra is seeing a premium of nearly 146% above its IPO price in the unlisted market.
Ganesh Green Bharat IPO booked over 35x on Day 2; Effwa Infra’s issue subscribed nearly 38x
The SME IPO of Ganesh Green Bharat was booked over 35 times so far on the second day of the bidding process. The issue, which closes tomorrow, received bids for 15 crore shares as against 45 lakh shares on offer.
The Best Works by Haruki Murakami that Make for Great Reads
Explore the enchanting worlds of Haruki Murakami through this article, highlighting his most acclaimed books. From the surreal landscapes of "Kafka on the Shore" to the nostalgic journey in "Norwegian Wood," discover the essence of Murakami's storytelling. Uncover the magic, mystery, and profound human connections that make his works timeless and unforgettable.
Works of Robert Greene to achieve personal excellence and success
Robert Greene is a masterful author renowned for his deep exploration of power dynamics, human psychology, and strategic mastery. His books have become essential reading for those seeking to understand and navigate the complexities of human behavior and influence. Greene’s works, including "The 48 Laws of Power," "The Art of Seduction," and "Mastery," offer a unique blend of historical anecdotes, psychological insights, and practical advice. Through his rich and compelling narratives, Greene provides readers with timeless wisdom and strategies that are as relevant today as they were centuries ago.
ETMarkets Smart Talk: Reforms to attract FDI, simplification of tax regime & green energy likely in Budget 2024: Gurpreet Sidana
The positive trends in global markets, favourable domestic economic data, and optimism regarding corporate earnings growth have further bolstered market sentiment.
'The Fault in Our Stars': Fans 'cry like babies' and vow to 'never watch again'. Details here
ased on a book of the same name, 'The Fault in Our Stars' has set the box office on fire and left the fans teary-eyed. The emotional fans vow not to watch the romantic flick, but keep watching the same.
Uber Green electric cabs launched in Kolkata
Uber becomes the second ride-hailing service provider to offer electric vehicles in the city of Kolkata, following Snap E, another brand operating with an all-EV fleet.
Adani Group to invest $100 billion in energy transition, says Gautam Adani
Green hydrogen, which is made by splitting hydrogen from water with the help of electrolyzers powered by clean energy, is seen as a potential panacea for decarbonizing the industry as well as transportation. Speaking at 'Infrastructure - the Catalyst for India's Future' event of Crisil, Adani Group chairman Gautam Adani said energy transition and digital infrastructure are trillion-dollar opportunities which will transform India both at a local and at a global scale.
Green shoots of rural recovery? Bet on these 3 sectors, says Jyotivardhan Jaipuria
Jyotivardhan Jaipuria says both the largecap and the smallcap segments look attractive. In areas where the capacities are in place, where they are running at low utilisation, if demand recovers, then huge operating leverage can be made, those are the companies which we are really focusing on.
FY24 threw 12 multibagger stock ideas with consistent earnings growth. Which ones to chase?
FY24 featured 12 multibagger stocks with consistent earnings growth in sectors like autos, capital goods, PSUs, power, and infra sectors. Experts shared valuable insights for investors looking to capitalize on market opportunities.
What to do with Paytm, HUL, Adani Green and 3 other stocks? Aamar Deo of Angel One decodes
Markets are inherently intelligent by nature and structure, and given the kind of election mandate, markets had factored in the anti-incumbency & challenges that the government would face in the elections.
SBI board to consider $3-billion fundraise
SBI's board of directors to meet on June 11 to consider raising up to $3 billion through foreign currency bonds issued abroad.
UK workers' union says will proceed with industrial action at Tata Steel plants
Unite the Union said on Thursday that its workers will begin "working to rule" as well as taking part in a continuous overtime ban from June 18 to "severely disrupt and delay" the company's operations and order book unless the company rows back on the closure. It is calling for the Indian steel major to halt its plans until the July 4 General Election, when it expects the UK's Conservative Party led government will make way for the Opposition Labour Party.
Ind-Ra upgrades Adani Green Energy's rating, outlook stable
The ratings also reflect Ind-Ra's expectation of favourable operational to under-construction book ratio, given the operational capacity of nearly 10.9 GW, and an increase in annual capacity addition targets to 5GW.
Suzlon shares shed 5% after reporting a 20% decline in Q4 profit
Suzlon Energy shares dropped 5% to Rs 45.84 on BSE after Q4 profit declined 20% to Rs 254.12 crore. Revenue rises 29% YoY to Rs 2,179.20 crore.
Extreme heat lowers nations’ per capita income — but cities could thrive even in hotter conditions: Matthew E. Kahn
Matthew E. Kahn, Provost Professor of Economics at USC, discusses the impact of climate on economic growth and solutions offered by enterprise in an interview with Srijana Mitra Das.
INOXGFL plans to invest Rs 20,000 cr in green energy, chemicals business
The group operates in two broader segments-chemicals and renewables-comprising fluoropolymers, fluorochemicals, solar, green hydrogen and wind energy. Of the total planned investment, 60-65% is likely to go towards renewable energy addition, Jain said.
KP Green Engineering IPO subscribed 10x so far on final day; Enfuse Solutions issue booked 63x
The IPO is entirely a fresh equity issue of 1.31 crore shares and through the issue, the company aims to raise Rs 189 crore.
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