MUMBAI, April 22 (Reuters) – India’s ICICI Bank (ICBK.NS) on Saturday reported a 30% increase in fourth-quarter net profit helped by improved net interest income and growth in loans.Standalone net profit rose to a record 91.22 billion Indian rupees ($1.11 billion) from 70.19 billion a year earlier.That topped the 90.41 billion forecast by analysts, Refinitiv… […]
MUMBAI, April 22 (Reuters) – Indian private lender ICICI Bank (ICBK.NS) on Saturday reported a near 30% increase in net profit for the fiscal fourth quarter ending in March, on the back of improved net interest income and healthy loan growth.Standalone net profit for the quarter was 91.22 billion Indian rupees ($1.11 billion), up from… […]
So far 99 anti-ESG bills filed in 2023 vs 39 in 2022Goals include protecting fossil fuel investments, firearmsBusinesses, pension investors pushing backUtah’s Republican Treasurer says ESG part of “Satan’s plan”April 22 (Reuters) – U.S. political battles over corporate sustainability are turning hotter this spring as aggressive Republican statehouse efforts face increasing pushback from businesses and… […]
April 22 (Reuters) – Hatfield’s Ferry Power Station, a Pennsylvania coal-fired power plant, stopped producing electricity in 2013. Its closure came in a wave of coal-plant shutdowns triggered by competition from cheaper, cleaner natural gas and incentives in the U.S. Clean Air Act.But the facility’s legacy of smog pollution continued long after it closed.That’s because… […]
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MOST MULTINATIONAL companies can live without Russian customers. Living without Russian commodities would be much harder. On March 15th the European Commission announced new economic constraints on Russia, including a ban on exports of European luxury items and cars—the definition of an essential good is, after all, in the eye of the oligarch. But the… […]
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Five Hertz customers brought suit in Delaware Superior Court this week, alleging that the company’s poor inventory management led to them being arrested at gunpoint–sometimes minutes after picking up their rental cars. One of the plaintiffs is a 13-year-old girl held at gunpoint while on vacation with her father. The suit claims these arrests result from Hertz’s… […]
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