Veteran businessman Anand Mahindra, who is active on social media, has given necessary tips for the growth of companies. At the same time, he said that it is in everyone’s interest to carry on the business in a sustainable manner.
Anand Mahindra said that the best growth opportunity for companies comes from serving the lower echelons of the system. He said that environmental, social and administrative (ESG) issues are not issues to be avoided. The Chairman of Mahindra Group said, “As a businessman, it is beneficial to start a business that serves as many people as possible. Businesses need to find a purpose that is oriented towards the time to come. “
On the occasion, 50 leading global companies, including the Mahindra Group and Reliance Industries, pledged to adhere to the ECG standards set by WEF.
Some of the major companies making this commitment are Accenture, Bank of America, Credit Suisse, Dell Technologies, Deloitte, EY, Hanecan, HP, HSBC Holdings, IBM, JLL, KPMG, MasterCard, McKinsey, Nestle, PayPal, PWC, Royal Dutch Shell, Philips, Salesforce, Schneider Electric, Siemens, Sony, Total, UBS, Unilever, Yara International, and Zurich Insurance Group.
The 6-day online Davos Summit of the World Economic Forum has started from January 24. This time 1000 veterans from all over the world are joining the forum and putting forward their point. On January 28, Prime Minister Narendra Modi will address the World Economic Forum. He will address the forum through video conferencing.
Passionate news enthusiast with a flair for words. Our Editorial Team author brings you the latest updates, in-depth analysis, and engaging stories. Stay informed with their well-researched articles.
Mumbai, April 16 (IANS) – The BSE Sensex is facing a significant dip of over 300 points on Tuesday amid ongoing geopolitical tensions, with the index currently at 73,040 points and down by 358 points. The market is apprehensive about the possibility of Sensex falling below the crucial 73K mark if the trend continues.
IT and financial sectors are witnessing a downtrend, with major players like Infosys, Bajaj Finserv, Indusind Bank, Ultratech Cement, and L&T experiencing a decline of more than 1 per cent. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, highlighted that economic and geopolitical concerns are likely to exert pressure on the markets in the short run.
According to Vijayakumar, the rise in US bond yields poses a threat as it diminishes the likelihood of rate cuts by the Federal Reserve this year. The surge in bond yields has a negative impact on high-risk assets such as equities, potentially leading to an increase in Foreign Institutional Investor (FII) selling in emerging markets like India.
Elaborating on the geopolitical aspect, Vijayakumar pointed out, “The market is more concerned about the geopolitical issue. Israel military chief’s statement that ‘there will be a response to Iran’s attack on Israel’ has increased the probability of escalation of tensions in the Middle East. This is likely to keep the markets weak in the near-term.”
In light of the current market scenario, investors are advised to closely monitor developments while considering accumulating high-quality large-cap stocks on corrections. Vijayakumar suggested that corrections in the market will make valuations of large-caps more reasonable, particularly in sectors like banking, IT, autos, capital goods, oil & gas, and cement. Additionally, with metal prices showing stability, metal stocks are expected to exhibit resilience in the market.
New Delhi, April 16 (IANS) realme has launched the realme P series 5G, starting with the realme P1 Pro 5G under Rs 20,000. The device features a stunning display, powerful performance, and impressive camera capabilities. Let’s delve into the detailed review to see if it’s worth the investment.
The realme P1 Pro 5G sports a vibrant 6.7-inch FHD+ Curved AMOLED display with a refresh rate of up to 120Hz, enhancing the viewing experience. It also offers TÜV Rheinland Strobe-free Certification for visual comfort in dimly-lit environments.
Powered by the Snapdragon 6 Gen 1 5G Chipset, the device boasts an 8-core 64-bit architecture for potent performance and lower power consumption. The phone comes with 8GB RAM+128GB ROM or 8GB RAM+256GB ROM and runs on realme UI 5.0 based on Android 14.
With a versatile camera setup including a 50 MP Sony LYT primary camera and an 8MP ultra-wide camera, the realme P1 Pro 5G captures stunning details. The device also features a 16 MP selfie camera for crisp and clear selfies, making it a great choice for photography enthusiasts.
The sleek and ergonomic design of the realme P1 Pro 5G is inspired by Bird Culture Phoenix Design, offering a sophisticated look. The phone is lightweight at 184 grams, with a 93% screen-to-body ratio and IP65 water and dust resistance.
Equipped with a 5000 mAh battery and 45W SUPERVOOC charger, the device ensures robust battery life and quick charging. Fully charge the phone in just 67 minutes or reach 50% charge in 30 minutes, minimizing downtime.
In conclusion, the realme P1 Pro 5G redefines the mid-tier smartphone experience with its impressive display, powerful performance, and excellent camera capabilities. Whether you’re a power user or a casual user, this device offers a compelling option in the competitive market, elevating the mid-range smartphone experience.
ProcMart, an online B2B marketplace, has successfully raised $30 million in its Series B funding round led by Nandan Nilekani and Sanjeev Aggarwal’s VC fund. The capital will be used for strategic acquisitions, expanding distribution network, and strengthening global operations in Southeast Asia.
Founded in 2015 by Anish Popli, ProcMart aims to revolutionize the Indian MRO industry by focusing on centralised procurement and optimizing non-core expenditures. The company’s credibility and infrastructure position it well to take advantage of the market opportunity.
The funding round also saw participation from Paramark Ventures, in addition to existing investors Sixth Sense Ventures and IndiaMART. The capital will be utilized for talent acquisition, technology development, and expanding operations in new regions in India and globally.
Fundamentum, one of the lead investors, was impressed by ProcMart’s consistent growth and profitability over the last 3 years. Ashish Agarwal of Edelweiss Discovery Fund highlighted ProcMart’s excellent service capabilities and partnership potential.
With a presence in 20 cities in India and operations in Malaysia and Indonesia, ProcMart continues to expand its reach and services. The company’s focus on fundamentals and profitability has attracted strong backing from investors, paving the way for future growth and success.
Viral1 week ago