CIRCULAR ECONOMY

CMR Green Tech shares fall 8% after solid 43% stock market debut. Buy, sell or hold?

CMR Green Technologies shares fell sharply from their post-listing highs after debuting at a 43% premium to the IPO price. While analysts remain positive on the company's long-term prospects in the recycled metals space, they advise investors to avoid chasing the stock and wait for better entry levels.

BRICS+ agriculture beyond borders: Trade and resilience for a food-secure world

With India’s leadership and BRICS+ cooperation, agriculture can become not only a source of food, but a foundation for resilience, prosperity and global trust.

With robust GMP, how a little-known aluminium recycling IPO is set for one of strongest listings this year

CMR Green Technologies' IPO is poised for a strong debut, boasting a 36% grey market premium. The aluminium recycling giant saw overwhelming investor demand, with subscriptions exceeding 127 times. Analysts highlight its market leadership, expansion potential, and alignment with green initiatives, suggesting significant listing gains.

Rural tap water coverage reaches nearly 82 pc under Jal Jeevan Mission, claims government document

India has achieved remarkable progress in providing tap water to rural households, claims government. The Jal Jeevan Mission has connected millions of homes, while the Swachh Bharat Mission has transformed sanitation. Over 5 lakh villages are now ODF Plus. These initiatives are improving health and education outcomes across the rural India.

India has immense opportunities in global seafood business: Andhra CM Naidu

He announced plans for an aquaculture corridor to integrate research and technology, aiming to position Andhra Pradesh as a sector growth hub and boost India's seafood exports.

PSUs to get concessional forex swaps to boost external borrowings

The Reserve Bank of India will introduce a special foreign exchange swap facility for public sector undertakings. This initiative aims to encourage external commercial borrowings by these entities. The facility will be available until September 30. It is expected to significantly increase dollar inflows into India. Governor Sanjay Malhotra anticipates healthy flows from this and other government measures.

CMR Green Technologies IPO Day 3: Issue booked over 127 times on strong QIB demand; 40% GMP signals strong listing premium

CMR Green Technologies' IPO saw a strong subscription of 127 times, with QIBs leading the demand. The issue, an offer-for-sale, garnered a grey market premium of nearly 37%, indicating a potential listing price of Rs 262. The company is India's largest non-ferrous metal recycler, poised to benefit from sustainable manufacturing trends.

Jain Irrigation, Ankur Scientific partner on agri waste-to-energy project in Maharashtra

Jain Irrigation Systems Ltd and Ankur Scientific are joining forces for a new project in Jalgaon, Maharashtra. This initiative will convert farm waste into thermal energy and biochar. Farmers will gain an extra income source from their crop residue. The plant will process nearly 50 tonnes of agricultural biomass daily.

Business as second nature: Biomimicry offers a framework to shift from replication to innovation using natural principles

CMR Green Technologies IPO Day 2: GMP signals 31% upside; Issue sees strong subscription. Should you subscribe?

CMR Green Technologies' Rs 631 crore IPO is attracting significant investor attention. The issue is oversubscribed, with a strong grey market premium indicating potential listing gains. The company is a leader in non-ferrous metal recycling. Investors are showing interest in this manufacturing and sustainability-linked business. The IPO remains open for subscription.

CMR Green Technologies IPO Day 1: 65% subscribed, GMP at 33%, brokerages review and key details

CMR Green Technologies IPO opened today with robust investor interest. Non-institutional and retail investors showed strong demand. The grey market premium suggests a potential listing price above the IPO band. The company is India's largest non-ferrous metal recycler. Its business aligns with the global shift towards recycled metals. The IPO closes on June 5.

CMR Green Tech’s Rs 630 cr IPO opens for bidding: Check GMP, brokerages review and other details

CMR Green's IPO is generating significant buzz, with a strong grey market premium suggesting robust investor interest. The company, a leader in non-ferrous metal recycling, is poised to benefit from the growing demand for sustainable manufacturing. While analysts note its strong market position, concerns about the offer structure and margins exist.

CMR Green raises Rs 188 crore in IPO anchor round; SBI MF, ICICI Pru MF among top investors

CMR Green Technologies raised Rs 188 crore from anchor investors before its IPO opening, attracting strong participation from mutual funds, insurers and global institutions. The robust demand underscores investor interest in sustainability-focused businesses and India's growing metal recycling and circular economy sector.

IPO Calendar: Investors to get 2 mainboard public offers this week after a month of lull

India’s IPO market is set to revive with two mainboard issues, CMR Green Technologies and Hexagon Nutrition, opening this week after a lull. Together aiming to raise nearly Rs 770 crore, the offerings come amid volatile markets, with investors closely watching subscription trends for signals on primary market sentiment.

Irdai asks insurers to tie senior exec performance to customer service

India's insurance regulator, Irdai, is changing how insurance company executives are evaluated. Performance and pay will now be linked to customer results, not just financial numbers. Insurers must also share more data on product performance and customer service. This aims to build trust and accountability.

This Gujarat couple turns factory waste into affordable construction bricks that stay cooler in summer and absorb pollution

In Gujarat, a startup named Co2ncrete is tackling India's housing shortage and industrial waste by building prefabricated homes from factory byproducts like fly ash and silica sludge. This innovative, cement-free technology allows families to get homes built in about a month, significantly reducing costs and environmental damage.

HPCL, Tata Motors partner for used lubricant pilot project

Hindustan Petroleum Corporation Ltd and Tata Motors have joined forces for a pilot project. This collaboration aims to create an organized system for managing used automotive lubricants. The initiative will focus on collection, storage, and recycling of this hazardous waste. It supports India's Extended Producer Responsibility framework.

Four myths about the falling rupee and what India must actually do

India's rupee is facing pressure from global events. The nation needs a plan to tackle weaknesses that amplify these impacts. Energy independence and boosting domestic manufacturing are key. Strengthening talent mobility and improving FTA utilization are also vital. These steps will build resilience against external shocks and support India's growth.

MSMEs will drive Andhra's economic shift: CM Naidu

The state aims to create 100 unicorns and support women entrepreneurs, with initiatives including startup promotion and strengthening industrial infrastructure.

Wastewater turning into resource: NMCG pitches circular water economy model

Sewage is now seen as a resource in India. Treated wastewater is replacing freshwater use in industries. Projects are underway to supply treated water to refineries and power plants. This initiative aims to reduce freshwater extraction and protect rivers. It promotes a circular water future by reusing treated water for industrial and non-potable needs.

Natural diamonds, real change: Driving sustainable impact in India

The diamond industry is prioritizing sustainability, with India leading the charge by integrating a fifth 'C' – conscience – alongside traditional metrics. Companies are adopting solar power, water recycling, and community development programs, exemplified by Shree Ramkrishna Exports achieving carbon-negative status. These initiatives are enhancing traceability, environmental standards, and social impact across the sector.

India’s $1 trillion import dependence makes green transition a strategic necessity

India faces significant import reliance across key sectors. Aatmanirbharta requires a growth model shift, with the green economy offering a powerful solution. This pathway can attract substantial investments and create millions of jobs. Focusing on renewable energy, bioeconomy, and circularity will reduce import dependence and enhance economic security.

Finance Ministry asks PSU banks, insurers to adopt austerity measures, shift to EV

India’s finance ministry has directed state-run banks, insurers and financial institutions to cut costs through measures such as limiting travel, holding meetings virtually and shifting to electric vehicles. The order applies to institutions including State Bank of India, Bank of Baroda and Life Insurance Corporation of India.