Latest news with #FTSE4GoodIndex
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Business Standard
3 days ago
- Business
- Business Standard
JSW Energy shares rise 2% after inclusion in FTSE4Good index
Shares of JSW Energy rose nearly 2 per cent after the company was added to the FTSE4Good Index Series for its strong Environmental, Social, and Governance (ESG) standards. The power generation firm's stock rose as much as 1.87 per cent during the day to ₹524.5 per share. The stock pared gains to trade 1.1 per cent higher at ₹520.7 apiece, compared to a 0.36 per cent decline in Nifty 50 as of 10:56 AM. Shares of the company rose for the third straight session and are up 20 per cent from their February lows. The counter has fallen 19.2 per cent this year, compared to a 7.5 per cent advance in the benchmark Nifty 50. JSW Energy has a total market capitalisation of ₹90,936.39 crore. JSW Energy Included in FTSE4Good Index Series JSW Energy has announced its inclusion in the FTSE4Good Index Series, a global benchmark for companies demonstrating strong Environmental, Social, and Governance (ESG) standards, according to the company's exchange filing. The FTSE4Good Index Series, developed by global index and data provider FTSE Russell, is widely used by investors to assess and build responsible investment portfolios. Companies in the index are evaluated on key ESG parameters such as corporate governance, health and safety, anti-corruption practices, and climate change initiatives. "JSW Energy's strong focus on Environmental, Social and Governance practices underpins its continued inclusion in the FTSE4Good Index," Sharad Mahendra, Joint Managing Director of the firm, said. "The company has set an ambitious target to achieve carbon neutrality by 2050 and aims to scale up to 30 Gigawatt Gw of generation capacity and 40 GWh of energy storage by FY 2030." JSW Energy Q4 results 2025 In Q4, the company's consolidated net profit stood at ₹415 crore as compared to ₹345 crore a year ago, up 20 per cent. Its revenue from operations stood at ₹3,189 crore as against ₹2,756 crore a year ago, up 16 per cent. About JSW Energy The company is among the leading private sector power producers and a key entity within the $24 billion JSW Group, which has diversified interests across steel, energy, infrastructure, cement, and sports. The company has built an integrated presence across the power value chain, with assets in both power generation and transmission. Commercial operations began in 2000 with a 2x130 Megawatt (Mw) thermal power plant at Vijayanagar, Karnataka. Since then, JSW Energy has expanded its capacity from 260 Mw to 12.5 Gw, with a well-diversified mix across geographies, fuel types, and power offtake models.
Business Upturn
3 days ago
- Business
- Business Upturn
Top stocks in focus on July 10: HCL Tech, Oil India, JSW Energy, Emcure Pharma, Adani Enterprises and more
Indian stock markets ended lower on Wednesday, with the Sensex falling 176.43 points to 83,536.08 and the Nifty closing 46.40 points down at 25,476.10. Intraday, the Sensex dropped as much as 330 points. On July 10, several companies are expected to be in focus. Enviro Infra: JV wins ₹395 crore pollution control project in Maharashtra HCL Tech: Partners with Astemo Cypremos for autonomous & smart vehicle solutions Elgi Equipments: SBI MF buys 18.12 lakh shares worth ₹96.4 crore FASTag Data: Q1 toll collections up 19.6% YoY to ₹20,681 crore; users rise 16.2% Oil India: Signs gas supply deal with GAIL for 900,000 SCMD Titagarh Rail: To issue ₹200 crore worth of convertible warrants at ₹945 each to promoters IDBI Bank: Share purchase agreement under inter-ministerial review Crizac: Abakkus Asset Manager buys 36.72 lakh shares at ₹298.33 Redington: Signs distribution agreement with Amazon Web Services NIIT Learnings: Acquires MST Holding GmbH and subsidiary for EUR 22.4 million JSW Energy: Added to FTSE4Good Index Emcure Pharma: Ahmedabad facility clears US FDA inspection without observations Prestige: Reports ₹12,126 crore in sales, up 300% YoY; sold 4,718 units Adani Enterprises: In talks to raise $250 million from MUFG RailTel: Bags ₹17.48 crore work order from Chhattisgarh Govt ACC Ltd: Commissions 1.5 MTPA grinding unit at Sindri, Jharkhand Panacea Biotec: Settles arbitration with Apotex Inc.; to receive $2 million Wipro: To announce quarterly earnings on July 17 Akzo Nobel: Asian Paints sells 4.42% stake in the company LCC Infotech: Whole-time Director & CFO Pratik Lakhotia resigns KPT Industries: CARE reaffirms credit rating at BBB; Stable Arvind Smart: Appoints Inshul Sahni as Associate VP – Strategy Granules India: Extends corporate guarantee to MUFG, Singapore for CHF 25.5M MPhasis: IT Dept reduces tax demand from ₹1,165 Cr to ₹583 Cr Satin Creditcare: Plans to raise funds via NCDs Amber Enterprises: To consider fundraising of up to ₹2,500 crore on July 12 Waaree Energies: To offload 2.4% stake in Indosolar via OFS on July 10–11 Adani Enterprises: ₹1,000 crore bond issue fully subscribed in 3 hours UPL: Acquires 100% in Wuhan Advanta Seeds for $4,200 Easy Trip Planners: Rollins International withdraws from proposed transaction Quick Heal: CEO Vishal Salvi resigns, effective Aug 31 Syrma SGS: Denies reports of ₹1,800 crore PCB plant in Andhra LIC: Govt approves Offer for Sale as part of FY26 disinvestment plan Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Adani enterprisesEmcure PharmaHCL TechJSW EnergyOil IndiaStock Market Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Times
29-04-2025
- Business
- Business Times
IHH Healthcare signs S$300 million sustainability-linked loan with UOB
[SINGAPORE] Integrated healthcare operator IHH Healthcare has signed its first S$300 million sustainability-linked loan with UOB, strengthening its ongoing commitment to add and uphold sustainable practices across its operations. 'As a multinational healthcare player touching millions of lives each year, we are proud to advance sustainable financing through this loan,' said Dilip Kadambi, IHH's group chief financial officer. 'We see sustainability as an opportunity to create lasting impact.' For UOB, this marks its first sustainability-linked loan for the healthcare sector. As at Dec 31, 2024, UOB has provided S$16.6 billion in sustainability-linked loans for clients across sectors including real estate, construction and infrastructure, and industrials. IHH's loan is structured under the bank's Sustainability-Linked Financing Framework, which provides clients with pre-approved and externally validated key performance indicators and sustainability performance targets. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Ang Moh Chuan, UOB's managing director of group corporate banking, said: 'This partnership with IHH Healthcare exemplifies how sustainable finance can drive meaningful change. 'UOB is committed to working with businesses across the region to accelerate their transition towards a low-carbon economy,' he added. IHH has a network of more than 140 healthcare facilities, including over 80 hospitals in 10 countries. It has set goals to cap its carbon growth this year, and improve water and waste management. Ultimately, it hopes to achieve net-zero emissions by 2050. The healthcare provider also joined the FTSE4Good Index in December last year, which measures the performance of companies on their environmental, social and governance practices.
