Parke Financial News

Tesla is letting some drivers use its Autopilot driver-assist system for extended periods without making them put their hands on the steering wheel, a development that has drawn concern from U.S. safety regulators

Our vision is to be a leading force in sustainable, innovative, and community-centric real estate development. We aspire to create iconic landmarks that stand the test of time, leaving a positive legacy for generations to come. By embracing technological advancements, sustainable practices, and a people-first approach, we aim to shape the future of commercial real estate in a way that benefits society, the environment, and all those who interact with our developments, says Sudhanshu Rai, Director of Ashrai Group.

The location of any business is far more important than, say, the size or the interior of the shop. The reason is obvious — it is the place that is more likely to be frequented by the people than, say, a place that might be good otherwise but does not have anything attractive for the people.

Henry Luo was walking through a park in Sydney with his elderly father and two toddlers when a stranger approached him, kicked a fence and screamed at him about Chinese people hoovering properties in Australia.

Delhi Mayor Shelly Oberoi on Tuesday announced that the Municipal Corporation of Delhi (MCD) will start door-step delivery of 23 services from October onwards, an official release said. During a conference held at MCD Headquarter, she was accompanied by Deputy Mayor Mohd. Aaley Iqbal, Leader of House Mukesh Goel, and senior MCD officials. Mayor Oberoi informed that for the convenience of old and non-tech savvy citizens, MCD is planning to introduce door-step delivery of its 23 services.

“Apartment swap only,” begins the advertisement for renter Adam Reider’s three-bedroom, ground-floor apartment in Montreal’s sought-after Notre-Dame-de-Grâce neighbourhood.The spacious home, which also has access to a private yard, parking and an unfinished basement, is listed at $960 per month on Facebook marketplace. It’s right by the Metro system and provides easy access to downtown.

Tata Power Renewable Energy Limited (TPREL) on Tuesday said it has signed an agreement with automotive components maker ANAND Group to set up a captive 4.4 MW solar project. In a statement, the Tata Power arm said it will facilitate the generation of 10 million units of clean energy and eliminate 5,500 tonnes of carbon emissions annually as part of the agreement. TPREL has signed a power delivery agreement (PDA) for 4.4 MW AC with the ANAND Group, it said. «This group captive project highlights our commitment to support the automotive industry in becoming more sustainable and environmentally focussed,» Tata Power Renewable Energy Limited CEO Ashish Khanna said. Previously, Tata Power and the ANAND Group collaborated for a 10.1-MW Solar PV park power project, located in Maharashtra.

Enforcement Directorate (ED) is expected to press money laundering charges against its two officers and some private individuals who were recently booked by the CBI in a bribery case linked to an accused arrested in the alleged Delhi liquor policy scam, official sources said Tuesday. ED officials Pawan Khatri and Nitesh Kohar, chartered accountant (CA) Praveen Kumar Vats, Air India assistant general manager (AGM) Deepak Sangwan, CEO of Claridges Hotels and Resorts Vikramaditya, Amandeep Dhall, owner of liquor company Brindco Sales who was arrested in the Delhi liquor policy case, and his father Birender Pal Singh, have been named as accused by the Central Bureau of Investigation (CBI) in its FIR filed on August 25. The CBI had acted on a complaint sent by the ED on August 8. While Khatri is an Assistant Director rank officer of the ED working in its Delhi zone office, Kohar is an upper division clerk (UDC) with the federal anti-money laundering agency at its headquarters here and both were not part of the team probing the Delhi liquor policy case. Amandeep Dhall was arrested by the ED on March 1 in the alleged Delhi liquor policy scam.

315Work Avenue has picked up five entire floors with office space spread over 1.62 lakh sq ft in a commercial project Raheja Woods in Pune’s Kalyani Nagar locality through a long-term lease of five years. This deal takes the company’s total office space in the tower to nearly 2 lakh sq ft as it had recently leased 33,000 sq ft here recently. The company has leased the space through its subsidiary 315 Work Avenue Pune Spaces from owner of the property MK Profinlease for monthly rental of nearly Rs 1.32 crore. The lease agreement includes a clause to escalate rentals by 5% after every 12 months. It also includes a lock-in period of 14 months for the licensee 315 Work Avenue, showed the documents accessed through FloorTap.com. “The coworking sector’s impact is poised to amplify in the future, driven by the fundamental transformation work dynamics have undergone which is unlikely to revert.

Arvind Kejriwal ordered the immediate suspension of the teachers and the vice principal of a Delhi Government school where incidences of sexual harassment has been reported. In this Delhi government school, two boys were sexually assaulted allegedly by their classmates in April this year.

₹185 per equity share of face value of ₹10 each. Bids can be made for a minimum of 600 equity shares and in multiples of 600 equity shares thereafter. C P S Shapers SME IPO's issue price is 18.5 times of the face value of the equity shares, according to Red herring prospectus (RHP).

Assetmonk, an alternative real estate investment platform, has acquired around 90,000 sq ft of office space in Tidel Park, a commercial office property in Taramani, Chennai, valued at around Rs 89 crore. The acquired floor in 1.2 mn sq ft IT park in Tidel Park hosts around 250 Fortune US conglomerates as its tenants, delivering an average rental yield exceeding 10.6%. The asset was bought from a Mumbai-based seller and is targeting an IRR of 16.5% over 5-6 years’ tenure. “The inclusion of the exceptional commercial asset at Tidel Park to our portfolio is a deliberate move in our long-term strategy, aimed at identifying unique and high-potential investment opportunities for seasoned investors.

SJVN shares rose 5% and hit a 52-week high at Rs 63.8 in Tuesday's trade on BSE after the firm's wholly owned subsidiary received the letter of award from Assam Power Development Corporation Limited (APDCL). «SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of the company, has received a Letter of Awards from Assam Power Development Corporation Limited (APDCL) for three solar power projects of cumulative capacity 320 MW,» the company said in an exchange filing. SGEL had participated in three separate tariff-based competitive bidding tenders of APDCL i.e. 50 MW, 70 MW and 200 MW. The 50 MW and 70 MW projects are under the solar park category and have been allotted at a tariff of Rs 3.92/Unit. While the 200 MW project is to be developed anywhere in Assam and has been allotted at a tariff of Rs 3.90/Unit, SJVN said. These three solar power projects shall be developed on Build Own and Operate (BOO) basis.

Tata Power Renewable Energy Limited (TPREL), renewable energy subsidiary of Tata Power, signed a group captive power delivery agreement (PDA) for 4.4 MW AC with the Anand Group, a global automotive systems and parts industry leader. Under this agreement, TPREL will facilitate the generation of 10 million units of clean energy through renewable sources. The project is expected to eliminate 5500 tonnes of carbon emissions annually, aligning with TPREL's mission to create a greener and cleaner future for its Commercial and Industrial (C&I) customers.

Mint Sustainability Summit, Gaurav Kumar Singh, IAS, Joint Secretary of the Chhattisgarh Rural Development Department and in-charge officer of RIPAs (Rural Industrial Parks Authority), shed light on their transformative power. Singh stated, “In RIPs, economic activities are orchestrated within villages, harnessing local markets and indigenous knowledge. This paradigm shift diminishes the lure of urban migration while invigorating the village economy.

climate change. But the funding available to them is $46 billion. How does one fill this gap? In a panel discussion on financing the green transition at the Mint Sustainability Summit, Nawal Saini, MD, Brookfield Renewable Power & Transition Group, said there was a need to deepen the bond markets and make available long-term fixed-rate capital.

NEW DELHI : The government may review its capital expenditure plans for this fiscal year during pre-budget meetings slated to start in October-November, two senior officials said. This comes amid expectations that the Narendra Modi administration will announce a slew of popular schemes in the coming months ahead of general elections early next year.

CNBC-TV18 which cited sources. The decision comes as the financially constrained airline secured urgent funding of ₹100 crore from lenders to meet some immediate expenses. The report added that Go First plans to use the ₹100 crore funding to pay parking and airport costs, employees' salaries, insurance premiums, aircraft maintenance, repair, and statutory dues.

Goldman Sachs Group struck a deal to sell an investment-advisory business aimed at the mass-affluent market to Creative Planning LLC, a $US240 billion ($373 billion) wealth-management firm, according to people with knowledge of the matter.

I can predict one thing with certainty about anyone who reads this week’s Ontario Court decision about Jordan Peterson and the College of Psychologists: they will be stricken with overwhelming boredom.

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