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Mega trend: ESG investing gaining traction in India

Mega trend: ESG investing gaining traction in India

18-12-2021  comments

New Delhi (IANS) The Covid-19 pandemic accelerates demand for sustainable ESG investing in india, Motilal Oswal Financial Services (MOFSL).

The ESG (environmental, social, and governance) factors determine a company's impact on society…

Clearance of 38 lakh cheques worth Rs 37,000 cr affected by bank strike

Clearance of 38 lakh cheques worth Rs 37,000 cr affected by bank strike

17-12-2021  comments

Chennai (IANS) The ongoing two-day nationwide bank strike against the privatisation of government banks has affected clearing of cheques worth about Rs 37,000 crore, said C.H. Venkatachalam, General Secretary of the All India Bank Employees' Association…

Equities settle sharply low; bank, financial services stocks down

Equities settle sharply low; bank, financial services stocks down

17-12-2021  comments

New Delhi (IANS) The Indian equity indices - S&P BSE Sensex and NSE Nifty50 - settled sharply low on Friday, declining in five out of past six sessions amid heavy sell-offs.

The indices traded lower all through the session on Friday. The Sensex…

Banking services hit in Telugu states as employees go on strike

Banking services hit in Telugu states as employees go on strike

16-12-2021  comments

Hyderabad (IANS) Banking operations in Telangana and Andhra Pradesh came to a halt on Thursday as employees of public sector banks stayed away from work on Day 1 of the two-day strike called by the United Forum of Bank Unions (UFBU).

The strike…

Indian steel prices to fall by 10-15 percent in 2022

Indian steel prices to fall by 10-15 percent in 2022

15-12-2021  comments

New Delhi (IANS) Indian steel prices will soften by 10 to 15 per cent next year as domestic and international steel spreads narrow. Supply constraints will ease due to stronger Indian crude steel production, with more material directed towards domestic…

Adani signs world's largest Green PPA with SECI

Adani signs world's largest Green PPA with SECI

14-12-2021  comments

New Delhi (IANS) Adani Green Energy Ltd (AGEL), the worlds largest solar power developer and the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green…

Equities settle negative as auto, financial services stocks slump

Equities settle negative as auto, financial services stocks slump

14-12-2021  comments

New Delhi (IANS) The Indian equity indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses from the previous session and settled lower on Tuesday.

The decline was primarily led by auto, financial services, realty stocks, among others.…

India's Nov merchandise exports up over 27% YoY

India's Nov merchandise exports up over 27% YoY

14-12-2021  comments

New Delhi (IANS) India's November merchandise exports rose to $30.04 billion, higher by 27.16 per cent on a year-on-year basis, official data showed on Tuesday.

Exports during November 2020 stood at $23.62 billion.

The data by the…

Wipro picks Oracle Cloud to fast digitise air cargo processes

Wipro picks Oracle Cloud to fast digitise air cargo processes

13-12-2021  comments

New Delhi (IANS) IT major Wipro on Monday selected Oracle Cloud to digitise its air cargo process, as demand grows for rapid cargo transportation services in the country.

The Oracle Cloud Infrastructure (OCI) will power Wipro's Cargo Reservations,…

India's Nov retail inflation sequentially inches up to 4.91%

India's Nov retail inflation sequentially inches up to 4.91%

13-12-2021  comments

New Delhi (IANS) Higher food prices, as well as rising commodity costs, lifted India's November retail inflation on a sequential basis, official data showed on Monday.

Data furnished by the National Statistical Office showed that Consumer…

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