(With inputs from Reuters)Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Tesla tops $100bn m-cap, opens door to Rs 2,500-cr payout for Elon Musk
In the top spot on Corporate Knights’ Global 100 list this year is Danish renewable energy provider Ørsted. A decade ago, 85% of the energy company’s production was from fossil fuels, with only 15% from renewable energy; today Ørsted has reversed those shares, according to Corporate Knights, and has a target to “essentially become carbon neutral” by 2025. Last year’s No. 1 company, Chr. Hansen, a Danish bioscience company that uses “good bacteria” in food production to preserve food and reduce food waste, came in second this year. Rounding out the top three was Neste, an oil refiner from Finland, which, Corporate Knights notes, “is switching from refining crude oil to using cooking waste and other bio-based materials.” … [Read more...] about These are the most sustainable corporations in the world
IL&FS collapsed around August 2018 when it started defaulting on bonds that came due to investors. The company, which started as a road construction financing company had quietly grown to around 348 subsidiaries and amassed a debt pile of about Rs 91,000 crore by the time the crisis broke out in the group. The NBFC merrily rolled over securities until things came to a grinding halt. Rating agencies, analysts and regulators waited till the last moment to act. … [Read more...] about DHFL mess deepens: Has India’s banking regulator learnt its lessons from shadow banking episodes yet?
With auto companies becoming more green-conscious world over, and consumers too willing to spend more for a car that is 'cleaner,' the usage of palladium has increased exponentially. Palladium is used in catalytic converters, the device that controls exhaust emission. … [Read more...] about Explainer: Gold off the throne, why are palladium prices on a tear?