Parke Financial News

₹50 crore and had brought the remaining ₹350 crore of the total ₹400 crore for the aircraft purchase. In previous proceedings, Ace Aviation had argued that the asset valuation of the parked aircraft was declining due to the ongoing deadlock between the lenders and the consortium.

Delhi airport will have dedicated gates and a dedicated corridor to ensure seamless immigration clearance for G20 delegates, and a team of senior officials will monitor arrival and departure operations related to the summit. Ahead of the G20 Summit, which will be held in the national capital on September 9 and 10, Delhi airport operator DIAL on Wednesday said there are a required number of parking slots for VVIP aircraft, and that most of the guests for the summit will be coming by chartered flights or special VIP flights. «While many of the guests will be arriving at Air Force Station on the Palam side, there are many other heads of states as well as other delegation members who are going to come at Terminal-3.

Jung Kook of BTS will join the Global Citizen Festival lineup, making one of his first live solo appearances at the Sept. 23 concert in New York's Central Park. The record-setting K-Pop singer, whose debut solo single 'Seven' hit No.

₹50 crore and had brought the remaining ₹350 crore of the total ₹400 crore for the aircraft purchase. In previous proceedings, Ace Aviation had argued that the asset valuation of the parked aircraft was declining due to the ongoing deadlock between the lenders and the consortium.

New Delhi (India), August 31: As soon as you change your status to Non-Resident Indian (NRI), one of the following financial steps is to open an NRE/NRO account. While both serve your purpose, the NRE (Non-Resident External) account that allows you to maintain your foreign income in Indian rupees is fully repatriable and offers tax-exempt interest.

G20 Summit: Delhi Metro services from September 8 to 10 will commence at 4 am from the terminal stations on all lines of the network officials said on September 6, reported PTI. This early start is aimed at facilitating the movement of individuals, police personnel, and staff from other assisting agencies responsible for maintaining security, law and order, and traffic arrangements during the G20 Summit. Furthermore, parking facilities at Supreme Court, Patel Chowk, and RK Ashram Marg metro stations will remain closed from 4 am on September 8 until noon on September 11.

The counter had a total traded volume of 11:42AM shares so far with a turnover of Rs 346.0 crore on BSE. The stock traded at a price-to-earnings multiple of 56.36 and a price-to-book ratio of 18.5. A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business. Indian Railway Catering & Tourism Corporation Ltd.

For small businesses that rely on summer tourism to keep afloat, extreme weather is replacing the pandemic as the determining factor in how well a summer will go

Disney wants to narrow the scope of its federal lawsuit against Gov. Ron DeSantis to just a free speech claim that the Florida governor retaliated against the company because of its public opposition to a state law banning classroom lessons on sexual o...

Lulu Group plans to expand the reach of hypermarkets to smaller towns of Kerala and Uttar Pradesh besides proposed significant mall developments in Ahmedabad and Greater Noida, said a senior executive. The company is considering cities like Prayagraj, Gorakhpur, Kanpur, and Banaras for small-scale malls with a hypermarket focus. Additionally, the company is in the process of building five similar properties in Kerala. «We have successfully secured partnerships with the government for Banaras, Prayagraj, Gorakhpur, and Noida. The food park in Noida is in its final stages,» said Jayakumar Gangadharan, regional director of Lulu Lucknow.

G20 summit. The summit which will see the presence of 19 heads of state will see the arrival of 50 VVIP jets. Sources said that three ceremonial lounges have been prepared to receive the heads of State. Government officials said that teams of officials accompanying the leaders will be able to complete the formalities at these lounges and exit the airport from the technical area without affecting the movement of regular passengers. “The VIPs will land at the technical airport but aircraft and private jets carrying them will be parked at the Delhi airport.

Chicken Run sequel, 'Dawn of the Nugget.' Peter Serafinowicz will take on the role of Reginald Smith, and Miranda Richardson will reprise her character as Mrs. Tweedy.

Greece was struck by tragedy as relentless downpours triggered flooding, claiming at least one life, according to reports from the country's fire brigade. These inundations came just a day after Greek officials reported progress in taming the colossal wildfires, now dubbed the «largest ever» in European Union history, that had wreaked havoc across the nation.

Cities across the U.S. have found relief from this summer’s record-setting heat with the help of technologies that shield roofs, pavement and other surfaces from the sun’s scorching rays.

​Aptiv, a global technology company, today announced the grand opening of a new state-of-the-art facility for its Technical Center in Pune, India. With a focus on developing safer, greener and more connected mobility solutions, the Aptiv Technical Center will play a pivotal role in shaping the future of mobility in India and around the world."India is a thriving economy with great growth potential and a highly skilled talent pool, making it an attractive market for expansion and investment, said Mr. Mattias Carlsson, Vice President, Global Engineering, Connection Systems & Electrical Distribution Systems, Aptiv. The new Technical Center in Pune demonstrates Aptiv's commitment to expanding its footprint in India.

Coherent Corp, a Pennsylvania (US) based manufacturer of electronics, and instrumentation devices, on Tuesday said it has entered into a memorandum of understanding (MoU) with Guidance Tamil Nadu and IIT Madras Research Park (IITMRP) to start its first global centre of excellence (COE) in Taramani, Chennai. The centre will be located on the IITMRP campus and focus on research and development (R&D) of products and services used in lasers, optical networking components and systems, EV batteries, and compound semiconductor devices for the markets supported by mobile, intelligent, and electric applications.

Vikas Gupta and Aswath Venkataraman from WestBridge Capital, Ecoworld, Bengaluru, have clinched the winner position in a corporate quiz organized on India’s glorious past, vibrant present and promising future. Commercial real estate developer and operators, Brookfield Properties conducted the quiz across Bengaluru, Chennai, Delhi, Gurugram, Kolkata, Mumbai and Noida for employees at its tenant companies across these cities.

Gkw Layout, Suvarana Layout, Anubhavanagar, Priyadharshini Layout, Pf Layout, Shivananda Nagar, 1st, 2nd, 3rd Main, Industrial Town, A. D. Halli, Kuvempu Rangamandira Park, Veerabhadreshwara Theatre, part of Beml Layout, Manivilas Garden, Ngo's Colony, Kamalanagar Govt.

Mirae Asset has acquired a pre-leased and income-producing warehousing property spread over 11 acres in Bhiwandi near Mumbai from property and logistics developer BGR Constructions LLP, furthering its investments into logistics and industrial real estate in India. The company’s India arm, Mirae Asset Investment Managers (India), has made this acquisition of a logistics facility in BGR Logistics Park with over 500,000 sq ft leasable area through a category II alternative investment fund (AIF), Mirae Asset Credit Opportunities Fund, for around Rs 175 crore. “This acquisition is in line with our strategy to acquire core assets in tier-1 cities. We will continue to evaluate and invest in such grade-A assets across major warehousing hubs as we expand our presence in India,” Hakim Ronak, head-real estate investments, Mirae Asset Investment Managers (India), told ET. This is Mirae Asset’s second such transaction in the last six months and with this, it now owns around 800,000 sq ft warehousing space with a total investment of over Rs 300 crore in Bhiwandi alone. Prior to this, Mirae Asset had acquired another pre-leased and income-producing warehousing property spread over 10 acres in Bhiwandi with 300,000 sq ft leasable area. “This park provides a competitive edge in terms of its location.

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Adani Logistics, Sajjan Jindal-owned JSW Jaigarh Port, TVS Group, and Welspun Group have shown interest in bidding for Renaissance Indus Infra, a warehouse and industrial park developer undergoing insolvency process, said people aware of the development. Two special-purpose vehicles floated by promoter Mayur Suchak's Renaissance Group are undergoing insolvency. These are Renaissance Indus Infra which is involved in warehousing and industrial development in or around Bhiwandi, Mumbai and Renaissance Urban Infra which is engaged in the business of infrastructure developments and creation of industrial smart cities. IIFL Facilities Services; Authum Investment and Infrastructure, which recently acquired assets of Reliance Home Finance and Reliance Commercial Finance; and JC Flowers Asset Reconstruction Company, which acquired Yes Bank's ₹48,000 crore distressed assets portfolio, also submitted expressions of interest (EoI), said one of the persons cited above. Clearwater Capital Partners Singapore Fund and Catalyst Trusteeship are the only two creditors for the Renaissance Group's SPVs admitted for corporate insolvency. Ares SSG Capital is the sole bondholder for which Catalyst is the debenture trustee. The lenders are working on group resolution although both cases were admitted separately by the National Company Law Tribunal.