NOIDA, India--(BUSINESS WIRE)--Jul 29, 2025--
The Chetu Foundation, the non-profit organization of the global digital intelligence and software solutions provider Chetu, today announced the donation of sevenfully electric meal delivery vehicles to the Akshaya Patra Foundation, a non-profit committed to ending classroom hunger in India. The initiative is a key part of both organizations’ commitment to fighting child hunger while embracing environmentally responsible practices.
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The Chetu Foundation and Akshaya Patra unveiled the seven electric vehicles (EV) during a joint ceremony this month, attended by leadership from both foundations, employees, and members of the local community. These EVs now deliver healthy midday meals to thousands of schoolchildren across the Delhi-NCR region, all while reducing carbon emissions.
“At Chetu, we strongly believe that sustainable innovation and corporate social responsibility must go hand in hand,” said Manish Kumar, HR Manager at Chetu. “These electric vehicles represent our commitment to nourishing young minds while protecting the planet.”
“We are proud to support a mission that not only addresses child hunger but also embraces a greener future,” added Shaili Bansal, Executive Director of the Chetu Foundation. “These EVs are a symbol of our dual focus—caring for our children and our planet. We look forward to deepening our impact through partnerships that create lasting and responsible change.”
The EVs come equipped with specially designed compartments to preserve food quality, safety, and hygiene during transport. Each truck will make two trips daily, delivering 3,000 meals, feeding about 18,000 students, and totaling more than 4 million meals a year to schools in Delhi, Noida, and nearby regions.
“ Chetu’s support in adding more vehicles to our fleet has made a meaningful difference in our ability to serve more communities effectively. This is going to significantly help us in reaching our goal of feeding 3 million children every day by 2027. We’re proud to have them as a partner in our mission and truly thankful for their generosity,” said Navin Goel, CEO of the Akshaya Patra Foundation USA.
This collaboration highlights how innovation and compassion can work together to solve some of society’s most pressing challenges. Through this initiative, both foundations aim to spark greater awareness around eco-friendly operations and the importance of inclusive nutrition for school-going children.
For more information about Chetu and the Chetu Foundation, please visit www.chetu.com and www.chetufoundation.org, respectively.
About Chetu India:
Founded in 2000, Chetu is a global leader in digital intelligence and software solutions. With over 2,800 experts worldwide, Chetu’s India campus incudes three advanced development centres in Sector 63, Noida. Spanning more than 169,000 square feet, these state-of-the-art facilities offer an ideal setting for developers working on cutting-edge software solutions. In addition to a dedicated Training & Development Centre for recent technical graduates, the Noida campus features modern amenities—including gyms, cafeterias, and company-sponsored clubs—that foster both professional growth and community. For more information and current career opportunities, visit Chetu’s Career Center.
About Chetu Foundation:
Founded in 2018, Chetu Foundation is the non-profit subsidiary of Chetu, a global digital intelligence and software solutions provider. Created to aid its team members in their philanthropic interests, the Chetu Foundation’s mission is based on the principles of “Empowering Children,” “Improving the Quality of Life,” “Giving Back to Communities,” and “Creating and Sustaining Change.” While the Foundation actively supports disaster recovery aid and humanitarian assistance, the main focus is the improvement of childhood wellbeing and education in the local communities around the world. To learn more about the Chetu Foundation and the work of the Chetu team members, visit www.chetufoundation.org.
The Chetu Foundation and Akshaya Patra recently celebrated the foundation's donation of seven electric vehicles to deliver 3,000 midday meals daily to schoolchildren in India.
NEW YORK (AP) — Wall Street is flirting with a record on Tuesday, as stocks zigzag under the market's surface following mixed profit reports from UnitedHealth, General Motors and other big companies.
The S&P 500 rose 0.4% and could top its all-time high set a couple weeks ago, even though more stocks fell within the index than rose. The Dow Jones Industrial Average was down 483 points, or 1%, as of 12:57 p.m. Eastern time, and the Nasdaq composite was 0.9% higher.
UnitedHealth Group tumbled 19.8% despite reporting a profit for the latest quarter that was a bit better than analysts expected. More attention was on the company’s forecast for revenue in the upcoming year, which fell short of Wall Street’s expectations and could be weaker than it was in 2025.
It and other health care companies also felt tremendous pressure from a projected rate increase for Medicare Advantage by the U.S. government, which fell well short of what investors had hoped. Humana skidded by 20.4%, Elevance Health dropped 13% and CVS Health sank 13.5%.
Helping to keep the market in check was Corning, which climbed 16.8% after announcing a deal with Meta Platforms that's worth up to $6 billion. Corning will supply optical fiber and cable to help build out data centers for Meta, enough that Corning is expanding its optical-fiber manufacturing facility in Hickory, North Carolina.
Also supporting the U.S. stock market were gains for General Motors, which rose 8.5%, and hospital-operator HCA Healthcare, which rallied 7.8%. Both delivered profits for the end of 2025 that topped Wall Street’s expectations. Each also approved programs to send billions of dollars to their investors by buying back their own stock.
Profit reports elsewhere on Wall Street were mixed. UPS, which moves packages around the global economy, rose 3.4% after reporting a stronger profit and forecasting better revenue for 2026 than analysts expected. UPS also said it would cut another 30,000 jobs as it continues a turnaround effort.
American Airlines lost 5% after delivering a profit for the end of 2025 that fell well short of analysts' expectations, in part because the U.S. government shutdown's siphoned away some revenue.
The pressure is on companies to deliver strong growth in profits following the record-setting runs for their stock prices. Stock prices tend to follow corporate profits over the long term, and earnings need to rise to quiet criticism that stock prices have grown too expensive.
Several of Wall Street’s most influential stocks will deliver their latest earnings reports later this week. They include Meta Platforms, Microsoft and Tesla on Wednesday and Apple on Thursday.
Several of those Big Tech stocks were among the strongest forces lifting the S&P 500 Tuesday, including gains of 2.1% for Apple and 2.2% for Microsoft.
Another way stock prices can look less expensive to investors is if interest rates fall. The Federal Reserve will announce its next move on interest rates Wednesday, but the widespread expectation is that it will hold its main interest rate steady for now.
Inflation remains stubbornly above the Fed's 2% target, and lower interest rates could worsen increases in prices for U.S. consumers at the same time that they give the economy a boost. Traders expect the Fed to resume its cuts to interest rates later this year.
In the bond market, Treasury yields were relatively steady ahead of the Fed's decision. The yield on the 10-year Treasury held at 4.22%, where it was late Monday.
It had edged lower earlier, after a report from the Conference Board said confidence among U.S. consumers weakened last month. Economists had expected to see a slight improvement, but confidence dropped to its lowest level since 2014, even lower than it was during the COVID-19 pandemic.
In stock markets abroad, indexes rose across much of Europe and Asia.
India’s Sensex index added 0.4% after Prime Minister Narendra Modi said the country had reached agreement on a free trade deal with the European Union.
The accord, which touches 2 billion people, followed nearly two decades of negotiations. It’s one of the biggest bilateral engagements on commerce. The timing comes as Washington targets both India and the EU with steep import tariffs.
South Korea's Kospi jumped 2.7%, and Hong Kong's Hang Seng rallied 1.4% for two of the world's bigger moves.
AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
Traders Robert Finnerty Jr., foreground, and Michael Milano work on the floor of the New York Stock Exchange, Monday, Jan. 26, 2026. (AP Photo/Richard Drew)
Specialist Meric Greenbaum works at his post on the floor of the New York Stock Exchange, Monday, Jan. 26, 2026. (AP Photo/Richard Drew)
Specialist Michael Pistillo works at his post on the floor of the New York Stock Exchange, Monday, Jan. 26, 2026. (AP Photo/Richard Drew)
Currency traders pass by a screen showing the Korea Composite Stock Price Index (KOSPI), center, and the foreign exchange rate between U.S. dollar and South Korean won, left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, Jan. 27, 2026. (AP Photo/Ahn Young-joon)
A board above the trading floor of the New York Stock Exchange displays the closing number for the Dow Jones industrial average, Monday, Jan. 26, 2026. (AP Photo/Richard Drew)
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, Jan. 27, 2026. (AP Photo/Ahn Young-joon)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won, left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, Jan. 27, 2026. (AP Photo/Ahn Young-joon)
