The International Energy Agency predicts that by 2026, renewable energy (RE) will represent almost 50% of global electricity production. Transitioning to cleaner forms of energy presents an opportunity for responsible procurement in the RE sector. Responsible RE procurement not only involves obtaining RE, but also considering social and environmental costs. The growing demand for RE can induce social conflict and strain natural resources. Big consumers, including businesses, have the power to influence RE markets and demand responsible procurement. Responsible RE practices can include involving local communities, preserving ecology, and upholding accountability and transparency.
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Financial market infrastructure service providers, including CDSL, CAMS, and BSE, have experienced significant gains in the past month. Investors and traders view these companies as indicators of the thriving capital market-related businesses in the country.
Digital payments company Razorpay is exploring new product lines and focusing on its existing customer base as it faces a freeze on onboarding new customers due to a regulatory directive. The company launched Optimizer, a solution aimed at increasing payment success rates for businesses. Razorpay is doubling down on new offerings and its offline play to attract new customers. The company’s overall revenue share from new customers has significantly decreased, prompting a shift in their go-to-market strategy.
