Parke Financial News

Oppenheimer have caused at the box office worldwide is disruptive. Hashtag ‘Barbenheimer’, as the two movies that released on July 21 are called together, continues to rule the ticket windows. So, who will even attempt to beat Barbenheimer? Let’s take a look.Meg 2: The Trench, a sequel to the 2018 movie The Meg, releases on August 4, 2023, and will hope to challenge some of the ticket sales of Barbie and Oppenheimer from Friday. Five years ago, The Meg had opened with £3.7 million in early August 2018, ending with total collections of £15.9 million. Actor Jason Statham reprises his role in the sequel to the shark movie. Other cast members include Cliff Curtis, Sienna Guillory, Shuya Sophia Cai, and Skyler Samuels. Meg 2 is predicted to have an opening weekend range from $22 million to$27 million.

New Delhi: The National Company Law Tribunal (NCLT) today asked the Go First management to submit a maintenance report of aircraft along with additional affidavits within the next 10 days. The NCLT’s observation came during the hearing of a plea of aircraft and engine lessors on Friday.

India’s overall pharma imports, bulk drugs continue to contribute 55-66 per cent and dependency on China for the same is expected to remain high in the coming years, report from CareEdge showed on Friday. The report revealed that India's 43 per cent of total pharma imports are from China, indicating a heavy dependency and raising concerns due to the on-going geopolitical tensions between the two Asian countries. «The contribution of bulk drug imports from China has exhibited significant growth in both value and volume terms, increasing from 64% and 62% during FY14 to 71% and 75% during FY23, respectively,» the report said.

By David Shepardson

Hyundai and Kia are telling the owners of nearly 92,000 vehicles in the U.S. to park them outside because an electronic controller in an oil pump can overheat and cause fires

Environmental advocates in California are launching a campaign to ask voters to ban new oil and gas wells near homes, schools and hospitals

I have built a good corpus through a mix of equity and hybrid funds. I am nearing retirement and would be seeking regular cash flows through my investments. Which funds are suitable for a systematic withdrawal plan (SWP)? —Name withheld on request To meet regular cash flow requirements, a SWP can be quite useful.

A member of a small free library in the national capital of the world’s largest democracy shares her thinking about the choice of red as the background colour for a poster she has created. She is addressing the ‘art collective’, a programme within the library.

IPO papers with Sebi in December 2022 The IPO of Indegene consists of a fresh issue of equity shares worth up to Rs 950 crore and offer for sale (OFS) of up to 3.63 crore equity shares by existing investors, according to the Draft Red Herring Prospectus (DRHP). The OFS consists of up to 27 lakh equity shares to be sold by individual selling shareholders — Manish Gupta, Rajesh Bhaskaran Nair, and Anita Nair — and up to 3.36 crore equity shares by existing investors, including Carlyle, Brighton Park Capital and the Nadathur Family Office.

₹400 crore and an offer for sale (OFS) of up to 4,68,19,635 shares by promoters and existing shareholders. The shareholders in the OFS would include promoters and co-founders -- Varun Alagh and Ghazal Alagh -- Bollywood actor Shilpa Shetty Kundra, Rohit Kumar Bansal, Sofina Ventures and Kunal Bahl. According to the Draft Red Herring Prospectus (DRHP), the IPO of Indegene comprises of a fresh issue of equity shares worth up to ₹950 crore and OFS of up to 3.63 crore equity shares by existing investors.

Honasa Consumer and Indegene filed their preliminary IPO papers with Sebi in December 2022, while that of Vishnu Prakash R Punglia was filed in April 2023. The three companies obtained Sebi's observations letter during July 25-28, an update with the regulator showed on Thursday.

Assembly Funds Management, the investment house backed by the billionaire Lowy family, has begun raising finance for a second property fund, reflecting growing appetite for non-bank real estate debt.

Prestige Shantiniketan, located in the serene neighborhood of Whitefield, a close-knit group of compassionate residents has recently come together to announce a heartfelt reward of Rs 25,000. Their mission? To find their beloved furry friend, Patlu, a free-spirited Indian Pariah dog who has mysteriously gone missing for over a month.

Tesla headed by Elon Musk, is on its way to India and has been making significant strides toward establishing a manufacturing facility. Following a meeting between Prime Minister Narendra Modi and the Tesla CEO during Modi's recent visit to the US, the EV maker has gone ahead with its plans for the manufacturing facility by signing a five-year lease for a 5,850 sq ft office space in Pune.

Madhya Pradesh's Kuno National Park. In a status report submitted to the government recently, the experts said these attributes enable easier monitoring of health-related issues, simplify stress-free veterinary and management intervention, and enhance tourism value. Kuno, where two batches of cheetahs from Namibia and South Africa have been introduced, is set to open for tourism and these qualities in cheetahs can enhance the park's appeal to visitors, they said.

electric vehicle maker's total commitment to 10 years. The Hindustan Times report while quoting documents shared by real estate analytics firm CRE Matrix notes that Tesla will pay a monthly rent of ₹11.65 lakh along with a security deposit of ₹34.95 lakh in order to lease the space for a 60-month period.

Authorities say one person has died in a tour bus rollover involving over 50 people in northern Arizona near the Grand Canyon West Skywalk

Are we back in 2011 or what?

Tesla are meeting up with Indian government officials to discuss its foray into the country, the US-based electric vehicle manufacturer has picked up office space in Pune’s Viman Nagar locality. The company’s India arm, Tesla India Motor & Energy, has leased the office spread over 5,850 sq ft in a coworking center on the first floor of one of the towers in Panchshil Business Park. The lease will have a total term of five years starting from October 1 with a lock-in period of three years.

Are you an NRI looking to park your funds for stable returns in India? Although there are many options to invest your money, however, if you are looking for good returns without risks, then you can opt for a fixed deposit instrument specifically meant for NRIs.

Yamuna Expressway Industrial Development Authority (YEIDA) plans to create multiple new industrial parks across a sprawling 1,300-acre expanse in Sector 10 near Yamuna Expressway. As per a ToI report, the visionary proposal encompasses a spectrum of specialized parks, each securing 100 acres of land for its distinct focus. These industrial parks encompass a leather footwear and accessories hub, a plastic processing nucleus, a handloom and handicraft sanctuary, and a cutting-edge electric vehicle haven.