Articles for tag: assigns, ESG, Financial, ICRA, Inaugural, InCred, India, Investment, Rating, Services, Signaling, Step, Sustainable, Transformative

September 15, 2024

ICRA ESG assigns its inaugural ESG rating to InCred Financial Services, signaling a transformative step towards sustainable investment in India.

ICRA ESG Ratings Limited has announced its first Environmental, Social, and Governance (ESG) rating for InCred Financial Services, a non-banking financial company. Recently registered as a Category-I ESG Rating Provider by SEBI, ICRA ESG aims to aid investors in understanding non-financial risks and opportunities. InCred received a rating of Impact 57, categorized as Moderate. This ...

September 10, 2024

Market News

Business

Amid declining global fuel demand, ONGC Videsh pivots to securing overseas projects, prioritizing renewable transitions for sustainable growth.

ONGC Videsh, India’s leading overseas oil and gas company, is strategically focusing on acquiring stakes in producing assets abroad as global demand for refined fuels is expected to decline due to the shift towards renewable energy. According to Anupam Agarwal, the company’s head of finance, long-term exploration projects are not a priority, and efforts are ...

September 9, 2024

Market News

Business

Mahindra unveils its electric vehicle, the e-ZEO, on World EV Day, heralding a new era in sustainable urban logistics.

Mahindra Last Mile Mobility Limited has unveiled its newest electric vehicle, the e-ZEO, which stands for “Zero Emission Option,” as part of its efforts to boost environmentally friendly transportation. This announcement coincided with World EV Day on September 9, 2024. The e-ZEO is designed for improved energy efficiency and faster charging, aimed at transforming urban ...

September 1, 2024

Market News

Business

Striving for Ecological Balance: India’s Vision for Sustainable Development

Environment Minister Bhupender Yadav emphasized the importance of balancing economic growth with ecological sustainability during the Ideas4LiFE event at IIT Bombay. He advocated for a responsible approach to development, stressing that one-third of the Earth should be preserved for biodiversity, as it supports around 50,000 species essential for human consumption. Yadav outlined three key actions ...