HomeBusinessAxis Securities partners with Vested Finance, launches global investing for Indian investors

Axis Securities partners with Vested Finance, launches global investing for Indian investors

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In a bid to allow Indian investors to invest in U.S. listed companies, India settled leading securities service provider Axis Securities has announced its partnership with Vested Finance, an online platform that enables Indian investors to invest in U.S. stock markets to launch ‘Global Investing’ – a smart solution for Indian retail investors.

As per the partnership, Axis securities will allow Indian investors to buy or sell shares of U.S. listed companies like Facebook, Twitter, Apple, Netflix, Google, and more or to invest in theme-based baskets or ETFs; all in just clicks.

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The company in its statement said, “With easy access to a robust global market, investors can not only enjoy the benefits of geographical diversification but also secure their portfolios from a single country and single currency risk. This one of a kind solution offers professionally curated portfolios and theme-based baskets of stocks and ETFs, with a completely digital on-board and fund transfer process, thereby ensuring that global investing #SimpleHai.”

“Global investing enables the customers of Axis Securities to invest in US stock markets at zero brokerage charges. With the premium plan, investors can enjoy a host of features such as zero account opening fees, zero brokerage, and one-year free withdrawal benefits, to name a few. The platform empowers customers to invest as low as $1 for high priced shares by making investments in less than one stock,” the statement said.

Adding to the statement, the company said, “Through this platform, customers can make and manage investments in more than 1,000 stocks and ETFs. With the additional facility to invest in professionally curated model portfolios and theme-based baskets, retail investors can now participate in global growth stories backed by sound research.”

Speaking on the launch of Global Investing, B Gopakumar, MD & CEO of Axis Securities said, “India has witnessed a significant increase in demand for international investments, particularly from tech-savvy millennials. With our Global Investing, we aim to empower investors to be shareholders of the most innovative global companies and businesses.”

“Through curated investment portfolios, theme-based baskets, and research advisory, we wish to make international investing simple and help them to make the right decisions. This product will surely be a value addition by enabling our customers to seamlessly access global capital markets and build a more powerful, geographically diversified portfolio,” B Gopkumar said.

Commenting on the statement, Viram Shah, Co-founder & CEO of Vested Finance, said, “We are delighted to partner with Axis Securities, which is one of the leading retail brokerage houses in the country. Indian retail investors are interested to create a geographically diversified portfolio for long term investment.”

“We strongly believe that this platform will open doors to global trading for many Indian investors. This product will promote overseas investments and provide an outstanding capability to investors to invest directly in the US stock market,” he said.

“We strongly believe that this platform will open doors to global trading for many Indian investors. This product will promote overseas investments and provide an outstanding capability to investors to invest directly in the US stock market,” Viram added.

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CHANGSHA, China, Nov. 23, 2023 /PRNewswire/ -- SANY Group, ("SANY"), a globally leading enterprise of the high-end equipment manufacturing industry, is accentuating advancing sustainable development and the green manufacturing transformation of the heavy machinery industry, ahead of the COP28 UAE, that is set to take place from November 30 to December 12 in Dubai. The theme of the 13-day program this year is "Actionism," calling for people to rise to meet the climate change challenges.

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Taking green actions to build a sustainable future

SANY is vigorously expanding the use of green energy (renewables such as solar and wind) in production processes to reduce the reliance on traditional energy sources, lower carbon emissions, and support climate change actions. It has adopted multiple initiatives, especially in accelerating the R&D and application of wind energy, hydrogen, and electrification solutions, and achieved significant results.

SANY's subsidiary SANY Renewable Energy has been investing in and constructing wind farms to boost the proportion of wind power in the energy structure, through intelligent upgrades in manufacturing and creating intelligent workshops. By doing this, SANY Renewable Energy has reduced the overall unit energy consumption and carbon emissions by 15 percent compared to pre-upgrade.

In 2022, SANY has added more than 3,000 energy metering connections. SANY built China's first intelligent mixing station park and invested 3.22 million yuan in photovoltaic construction that will produce 900,000 kWh of power annually. The park will cut 887 tons of carbon emission, 242 tons of dust emissions, 26.7 tons of sulfide, and 13.4 tons of nitric oxide to achieve synergetic development of intelligent manufacturing and environmental conservation.

A total of 11 subsidiaries of SANY have installed photovoltaic power generation equipment, with clean energy usage amounting to 16.013 million kWh.

SANY is actively engaged in the R&D of hydrogen fuel cell technology to improve battery efficiency, reduce cost, and boost the production and storage capabilities, while expanding the applications of hydrogen energy.

Innovation-driven climate action tackles industry bottlenecks

Through establishing a green supply chain, SANY adopts renewable materials and environmentally friendly technologies to reduce resource waste and improve the sustainability of the supply chain.

SANY continues to improve the long-term mechanism for pollution prevention and control, strengthen the control of waste emissions including water, gas, and other hazardous substances, and be cautious of business and operation actions that could damage the ecological environment. In 2022, the group's wastewater and gas emissions met the standard rate of 100 percent, with a 100 percent compliance rate for hazardous waste disposal.

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