Hi-Tech Pipes Limited, one of India’s leading manufacturers of steel tubes and pipes, announced the commencement of its 5 MW captive green power utilization project. The initiative, launched on 17th October 2024, is a significant step towards enhancing the company’s sustainability goals. The project sources green power from both a 3 MW Group Captive open […]
Caledonia Investments plc has bolstered its investment portfolio by acquiring a majority stake in Direct Tyre Management Limited (DTM) for £55 million. This strategic move aligns with Caledonia’s focus on investing in high-quality, well-established businesses with proven management teams. The acquisition was completed with the participation of DTM’s management, who reinvested alongside Caledonia to secure […]
In a landmark move for sustainable manufacturing in India, Jubilant Ingrevia Limited has announced a strategic partnership with O2 Renewable Energy XVIII Private Limited, a subsidiary of O2 Power SG PTE. LTD, Singapore. This collaboration signifies a pivotal advancement towards the adoption of renewable energy sources, specifically through hybrid open access combining solar and wind […]
Tech Mahindra, a global frontrunner in digital transformation, consulting, and business re-engineering services, has introduced i.Riskman, an innovative Environmental, Social, and Governance (ESG) risk assessment platform. Aimed at empowering organizations to navigate the complex landscape of climate-related risks, i.Riskman offers a holistic solution for evaluating the impact of such risks on business strategies, financial parameters, […]
In a significant move towards enhancing the landscape of consultancy services, RITES Ltd, a renowned transport infrastructure consultancy and engineering firm, has inked a game-changing Memorandum of Understanding (MoU) with CARE Advisory Research and Training Ltd. (CART), a subsidiary of CARE Ratings Limited. This collaboration is set to redefine the consultancy domain across various sectors, […]
Indian conglomerate Larsen & Toubro (L&T) has secured a three-year sustainability-linked loan of $107 million from Sumitomo Mitsui Banking Corporation (SMBC) to help achieve its environmental, social, and governance (ESG) goals. The Japanese banking group has been appointed by Larsen & Toubro as the sole sustainability coordinator and lender. Toshitake Funaki — Sumitomo Mitsui Banking […]
Wipro Limited said that it has appointed Frederic Abecassis as the company’s Southeast Asia’s new head of banking, financial services & insurance (BFSI) industry sector. According to the Indian IT services provider, Frederic Abecassis will lead the business growth of the company in the BFSI sector across Southeast Asia, including Hong Kong. The new Wipro […]
Happiest Minds Technologies, a Mindful IT Company, has partnered with CredQuant Solutions, Singapore’s ESG (Environmental, Social, and Governance) solution provider, to drive ESG transformation in banking, financial services, and insurance (BFSI) space. The partnership is expected to help BFSI customers address ESG Screening, ESG Rating Models, Sustainability Disclosures & Reporting, Impact Reporting and Carbon Footprint […]
Intellect Design Arena under its artificial intelligence (AI) products suite IntellectAI has launched iESG, an intelligent data sourcing solution. According to the Indian software company, iESG is designed for financial institutions looking to integrate ESG intelligence into their business processes to handle their environmental, social, and governance (ESG) risks. Powered by AI, the intelligent data […]
Infosys has entered into a partnership with Harvard Business Publishing for providing digital and life skills to India’s next generation via Infosys Springboard. The critical digital and life skills will be made available to users free of cost. Infosys said that the initiative is part of its continued efforts in empowering over 10 million people […]