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  • Two arrested for kidnapping, raping teenager in Thane
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  • 3 74 lakh voters to cast their votes in Aurangabad Division Graduate constituency poll next month
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Business Economy


Private Equity Firms That Are ESG Strong Are Likely to Be the Winners, as Businesses Reset Following the Shocks of 2020, a New Survey by ERM Shows

LONDON, Oct. 19, 2020 /PRNewswire/ -- A new survey of leading private equity (PE) firms by ERM, a world-leading sustainability consultancy, has found that companies that have embraced environmental, social and governance (ESG) issues are now having a distinct advantage in value creation.
This survey, which follows a similar exercise carried out by ERM in 2016, found there was a significant belief that considering ESG at the heart of investment will generate strong returns. The 'mainstreaming of ESG' in investment processes is well underway, with 93% believing a focus on ESG will generate good investment opportunities. However, there is still a certain reluctance from some to fully embrace the opportunity where a strategic outlook and systematic approach is needed to realize ESG premium at exit. As an example, only 25% of firms have a thematic ESG fund or strategy and take a reactive, opportunistic approach to ESG investment.
However, the future is clear that 86% of respondents expect the pipeline of ESG investment opportunities to increase over the next three-five years than currently. That said, there are some hurdles to overcome. The lack of harmonization of sustainability frameworks is a brake to ESG integration. The survey found 53% respondents admitting they are not using any ESG framework like the Sustainable Development Goals (SDGs) and Taskforce on Climate-related Financial Disclosure (TCFD) to identify opportunities at a tactical level.
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Home relocation services see more takers in WFH world

25 Nov 2020 | 9:26 PM

- Agarwal Packers and Movers, DRS Group from Hyderabad is leading the way
- The company launches new campaign #Bade Bhaiya Matlab Agarwal Packers and Movers, the original founder of the company, DRS Group
HYDERABAD, India, Nov. 25, 2020 /PRNewswire/ -- The country's home relocation companies are seeing good traction thanks to work from home (WFH) norms and the preference for owned houses during the COVID-19 pandemic. The home relocation business has also seen a spurt as families relocate to save rent or work from home from their home town or some of them have taken decision to move to home town or near to home town to take up completely different profession and get away from the hustle and bustle life of metros.

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Ashok Leyland Chennai plant closed due to cyclone

25 Nov 2020 | 8:48 PM

Chennai, Nov 25 (UN) As the very severe cyclonic storm
Nivar came very closer to the coast, the Hinduja Group
flagship Ashok Leyland today announced closure of its
Chennai plant as a precautionary measure.

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AB InBev introduces first super mild beer Beck's Ice Premium Lager with alcohol content of just 3 5 pc

AB InBev introduces first super mild beer Beck's Ice Premium Lager with alcohol content of just 3 5 pc

25 Nov 2020 | 7:21 PM

Gurugram, Nov 25 (UNI) In an industry first, the world’s leading brewer Anheuser Busch InBev (AB InBev) on Wednesday announced the launch of Beck’s Ice Premium Lager, a ‘super mild beer’ with alcohol strength of just 3.5% ABV in Haryana.

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IIL to set up new viral antigen manufacturing facility in Telangana with Rs 75 cr investment

IIL to set up new viral antigen manufacturing facility in Telangana with Rs 75 cr investment

25 Nov 2020 | 7:10 PM

Hyderabad, Nov 25 (UNI) Indian Immunological Ltd (IIL), the market leader in veterinary biologicals, on Wednesday announced the ground-breaking of a new viral antigen manufacturing facility in Phase III of Genome Valley, Karkapatla, Ranga Reddy District of Telangana.

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Virtual Events Platform Airmeet Launches Multi-Track Event Format, Good for Mega-Conferences with Exhibition Booths

25 Nov 2020 | 5:54 PM

NEW DELHI, Nov. 25, 2020 /PRNewswire/ -- All-in-one, secure, simple, and scalable virtual events hosting platform Airmeet, today unveiled a new format which supports multi-track events for organisers to host large-scale, grand, and stunning virtual conferences. Catering to enterprise businesses and media companies, the setup is designed to provide an immersive, rich, and hassle-free event engagement experience to its users.

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