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Detailed stories on technology startups, business and economic current affairs.
Thousands of crores have gone into brand new funds investing in “ESG” firms. But how does a coal miner or a fraud-hit company count?

We have a hot new phenomenon in the market—ESG, short for “environment, social and governance”. The market knows it, listed companies know it, fund managers know it and the regulator knows it.
Companies are lining up to attract more equity capital with their statements of commitment towards environment and social consciousness and impeccable governance standards.
Fund managers who are looking for ways to attract more retail money in equity funds have launched seven new funds in the past one-and-a-half years, solely focused on companies that are scoring high on the three parameters of environmental sustainability, social impact and corporate governance. …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
A Rs 10,440 crore share swap with listed Shalimar Paints could give the building materials startup a public market presence without a traditional IPO. But the novel route leaves investors grappling with dilution, valuation and governance concerns.