Obligated entity (CCTS)

    ESG & Governance

    A plant or unit that must meet a legally binding greenhouse gas emission intensity target under India's CCTS.

    Obligated entities are large units in notified energy-intensive sectors. Each has its own baseline intensity, based on FY 2023-24, and targets for the compliance years. They must report verified emissions every year and surrender Carbon Credit Certificates for any shortfall. About 490 entities had final targets by early 2026, with around 740 expected when all nine planned sectors are included.

    Related terms

    CCTS (Carbon Credit Trading Scheme)GHG emission intensity (GEI) targetCarbon credit certificate (CCC)

    Learn the concept

    From the research

    Valuation

    A Comparative Financial Analysis of Three Listed Companies

    Three IT services leaders, five years of numbers: similar growth, very different margins and returns on capital, and their October 2026 valuations.

    Markets

    IPO Issue Price vs. Listing Price vs. Subsequent Performance

    Seven of India's most talked-about IPOs since 2021, tracked from issue price to listing to October 2026. Buying on listing day lost money in six of seven.

    Valuation

    Paytm: Valuing a Company With No Clean Comparable

    Paytm is part payments processor, part device business, part loan distributor. Why no single peer fits, and how to value it in parts and in reverse.