Parke Financial News
03.12 / 09:55
markets
Provident
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Parke
information
International
Drones, LiDAR put in use to map Asia's largest slum redevelopment project
Dharavi Redevelopment Project (DRP) has embraced cutting-edge technologies to survey and document Asia's largest slum, officials said. Drones and remote sensing technology Light Detection and Ranging (LiDAR) are being used to map the 620 acres densely populated Dharavi slums. This is to ensure accuracy, transparency, and efficiency in a redevelopment project of this scale and complexity. The Dharavi Redevelopment Project Pvt Ltd, in which the Adani Group holds an 80 per cent stake along with the state government, plans to turn 620 acres of prime land, about three-quarters of the size of New York's Central Park, into a glitzy urban hub. About 7 lakh living in rickety shanties with open sewers and shared toilets in the densely populated slums, close to Mumbai's international airport, are to be given flats up to 350 square feet free of cost.
03.12 / 03:43
Citi
Williams
economy
Parke
musician
stars
Destinations
Hong Kong will display 2,500 panda sculptures to capitalize on a local bear craze
Thousands of giant panda sculptures will greet residents and tourists starting on Saturday in Hong Kong, where enthusiasm for the bears has grown since two cubs were born in a local theme park
03.12 / 03:29
Citi
security
Parke
WhatsApp
cover
Encounter underway between security forces and terrorists in Srinagar
encounter broke out between security forces and terrorists in the Dachigam forest area of Srinagar on Tuesday, police said. A police official said security forces launched a cordon-and-search operation in the upper reaches of the Dachigam forest after receiving specific intelligence inputs. Dachigam is a national park on the outskirts of the city. It covers an area of about 141 square kilometres. The official said the contact with the terrorists was established after they fired upon a search party of the forces, who retaliated.
03.12 / 03:15
markets
Strategy
Parke
Research
Experts
AVP
show
Smart money waiting on the sidelines in Arbitrage funds
Arbitrage funds, a category with assets worth ₹2.35 lakh crore, have received inflows of ₹89,400 crore in the last 12 months as rich investors use these schemes to park money for short-term needs. These funds now account for 53% of the net inflows into the hybrid category, according to data from WhiteOak Capital Mutual Fund. Higher returns than debt funds along with the benefit of equity taxation are driving investors to arbitrage funds. Distributors point out that many savvy investors are using these schemes to park money as they believe valuations are rich and wait for a correction to deploy more money.
02.12 / 22:03
UPS
CEO
Parke
community
show
Department
US commits to $7.54B loan for Stellantis venture to build 2 EV battery plants
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana
02.12 / 15:13
Parke
Kingstone
testing
Updates
West Indies vs Bangladesh Live Score: West Indies score after 42 overs is 83/1
Day 2 Highlights : West Indies vs Bangladesh Live Score: West Indies Keacy Carty 27 (79) Kraigg Brathwaite 37 (126) Bangladesh Taskin Ahmed 0/14 (9) West Indies vs Bangladesh Live Score: West Indies Keacy Carty 25 (74) Kraigg Brathwaite 36 (125) Bangladesh Nahid Rana 1/35 (11) West Indies vs Bangladesh Live Score: West Indies Kraigg Brathwaite 35 (124) Keacy Carty 22 (69) Bangladesh Taijul Islam 0/10 (12) West Indies vs Bangladesh Live Score: West Indies Keacy Carty 22 (69) Kraigg Brathwaite 33 (118) Bangladesh Nahid Rana 1/31 (10) West Indies vs Bangladesh Live Score: West Indies Kraigg Brathwaite 33 (118) Keacy Carty 20 (63) Bangladesh Taijul Islam 0/8 (11) West Indies vs Bangladesh Match Details 2nd Test (Day3) of Bangladesh tour of West Indies, 2024 between West Indies and Bangladesh to be held at Sabina Park, Kingston, Jamaica at 08:30 PM.
02.12 / 11:09
markets
Digital
Parke
Experts
Diversity
Courts
Traffic
Traffic chaos on Noida-Greater Noida Expressway due to farmers' protest
Police Barricades and Traffic Diversions The protest began at 10 am from Greater Noida’s Pari Chowk, with farmers marching towards Delhi. By noon, the farmers reached Mahamaya Flyover, where police established barricades at Charkha Chowk, near Amity University, and continued along the route at Mahamaya Flyover and Dalit Prerna Sthal. To ensure the farmers did not proceed to Delhi, the police conducted thorough checks on all vehicles.
01.12 / 20:25
markets
Digital
Parke
Experts
PAM
country
reports
MP has got investment proposals of Rs 78,000 crore during my 6-day tour of UK, Germany: CM Mohan Yadav
Chief Minister Mohan Yadav said on Saturday. Investment proposals of Rs 59,350 crore and Rs 18,090 crore were received from UK and Germany, respectively, in the education, health, skill development and technology sectors, Yadav told reporters here on his return from the tour. «During the UK visit, the focused areas of the delegation were minerals, semiconductor, health, automobile, EV, renewable energy, education and food processing. In Germany, we have specially focused on technology research, green energy and industrial development,» he said. In UK, the SRAM and MRAM group has given an investment proposal worth Rs 25,000 crore in semiconductors and science and technology Park, an official said. «Similarly, Helion Pharmaceuticals has given an investment proposal worth Rs 3,000 crore. After discussions with the company head, it was immediately decided to allocate land to the pharma major in Indore's Smart Industrial Park. Germany's Long House Partners has proposed investment of Rs 14,000 crore in the technology and innovation sector, while AMS OSRAM is keen to invest Rs 1500 crore in semiconductor/electronics sector,» the official said.
01.12 / 15:03
Parke
Kingstone
testing
Updates
West Indies vs Bangladesh Live Score: Bangladesh score after 33 overs is 77/2
Day 1 Highlights : West Indies vs Bangladesh Live Score: Bangladesh Shadman Islam 53 (108) Shahadat Hossain 16 (73) West Indies Kemar Roach 2/26 (9) West Indies vs Bangladesh Live Score: Bangladesh Shadman Islam 52 (107) Shahadat Hossain 15 (68) West Indies Alzarri Joseph 0/14 (5) West Indies vs Bangladesh Live Score: Bangladesh Shadman Islam 51 (102) Shahadat Hossain 15 (67) West Indies Kemar Roach 2/24 (8) West Indies vs Bangladesh Match Details 2nd Test (Day2) of Bangladesh tour of West Indies, 2024 between West Indies and Bangladesh to be held at Sabina Park, Kingston, Jamaica at 08:30 PM.
01.12 / 11:27
UPS
FIVE
Booking
Waters
Parke
Food
Sip on Bengaluru: Cocktails inspired by the city’s scents
Subscribe to enjoy similar stories. You can see that the servers at Soka are fully invested in its complex new limited menu inspired by the scents of Bengaluru. At each table of the intimate 38-seater bar, servers take guests through the details of the five cocktails in the menu, Vāsané, which positions itself as an “olfactory archive of Bengaluru".
30.11 / 17:09
markets
Digital
Man
Parke
Experts
Investigations
park
Panchsheel Park murder: Delhi Police arrest servant who worked in same building, was aware of topography of house
The police tracked down the accused after an exhaustive investigation, which included the analysis of footage from over 500 CCTV cameras, electronic surveillance, and technical evidence. The victim, a 64-year-old man Rohit Kumar, was brutally murdered at his residence in Panchsheel Park on November 25.
30.11 / 15:19
Parke
Updates
South Africa Women vs England Women Live Score: 3rd T20I of England Women tour of South Africa, 2024 to start at 09:30 PM
Venue : SuperSport Park, Centurion South Africa Women squad - Anneke Bosch, Laura Wolvaardt, Tazmin Brits, Annerie Dercksen, Chloe Tryon, Nadine De Klerk, Sune Luus, Faye Tunnicliffe, Sinalo Jafta, Ayanda Hlubi, Eliz-Mari Marx, Nondumiso Shangase, Nonkululeko Mlaba, Tumi Sekhukhune England Women squad - Alice Capsey, Danni Wyatt-Hodge, Heather Knight, Maia Bouchier, Paige Scholfield, Sophia Dunkley, Freya Kemp, Nat Sciver-Brunt, Amy Jones, Seren Smale, Charlie Dean, Lauren Bell, Lauren Filer, Linsey Smith, Sarah Glenn, Sophie Ecclestone South Africa Women vs England Women Match Details 3rd T20I of England Women tour of South Africa, 2024 between South Africa Women and England Women to be held at SuperSport Park, Centurion at 09:30 PM.
30.11 / 15:19
Parke
Kingstone
testing
Updates
West Indies vs Bangladesh Live Score: 2nd Test (Day 1) of Bangladesh tour of West Indies, 2024 to start at 08:30 PM
Venue : Sabina Park, Kingston, Jamaica West Indies squad - Alick Athanaze, Keacy Carty, Kraigg Brathwaite, Mikyle Louis, Justin Greaves, Kavem Hodge, Kevin Sinclair, Joshua Da Silva, Tevin Imlach, Alzarri Joseph, Anderson Phillip, Jayden Seales, Jomel Warrican, Kemar Roach, Shamar Joseph Bangladesh squad - Mahmudul Hasan Joy, Shadman Islam, Shahadat Hossain, Zakir Hasan, Mehidy Hasan, Mominul Haque, Jaker Ali, Litton Das, Mahidul Islam Ankon, Hasan Mahmud, Hasan Murad, Nahid Rana, Shoriful Islam, Taijul Islam, Taskin Ahmed West Indies vs Bangladesh Match Details 2nd Test (Day1) of Bangladesh tour of West Indies, 2024 between West Indies and Bangladesh to be held at Sabina Park, Kingston, Jamaica at 08:30 PM.
29.11 / 20:07
Citi
security
Parke
War
peace
Destinations
mountaineering
Customers at Starbucks can sip coffee and observe a quiet North Korean village
Coffee drinkers can sip their beverages and view a quiet North Korean mountain village from a Starbucks shop at a South Korean border observatory
29.11 / 14:03
Digital
Align
Parke
awards
WhatsApp
Macrotech buys 100% stake in Janus Logistics for Rs 48 crore
Realty developer Lodha, listed as Macrotech Developers has made strategic acquisition of a 100% equity stake in Janus Logistics and Industrial Parks Pvt Ltd (JLIPPL) from Phoenix Logistics and Industrial Parks for nearly Rs 48 crore. This strategic move aligns with the company’s vision for growth in digital infrastructure through its Lodha Industrial and Logistics Park (LILP) initiative. No regulatory approvals are required for the acquisition that was conducted on Friday, Macrotech said in a regulatory filing.
29.11 / 12:05
markets
Citi
Strategy
Parke
awards
PAM
techno
park
DLF to sell Kolkata IT park for Rs 637 crore
DLF Info City Developers (Kolkata) Ltd., a wholly owned subsidiary of DLF Cyber City Developers Ltd, the rental arm of DLF, has entered into definitive agreement to sell and transfer its Kolkata Tech Park 1 business undertaking to RDB Primarc Techno Park LLP ( An affiliate of Primarc & RDB group), for Rs 637 crore. “This is reflective of the value embedded in our core assets created over the years with good quality tenant partners and asset management. It also demonstrates our commitment to continuously enhance shareholder value,” said Sriram Khattar, Vice Chairman & MD, DLF Rental Business. Kolkata Tech Park 1 is one of the largest IT Park in eastern India with gross leasable area of approximately 1.49 million sq ft.
29.11 / 04:25
markets
Strategy
Parke
Diversity
performer
2020
rights
New status symbols: How India’s family offices are redefining the investment paradigm
Subscribe to enjoy similar stories. For a new generation of Indian family offices managing the wealth of freshly minted tech and startup billionaires, real estate no longer holds the bragging rights it once did. Their new buzzwords: stocks, private equity, alternative assets, Reits, InvITs, and startups.
28.11 / 22:03
Digital
Sustainability
Parke
community
President
show
innovations
Proptech's Transformative Role in Real Estate
real estate industry is experiencing a profound transformation, led by the rise of prop-tech, a technological revolution set to redefine how properties are developed, managed, and purchased. In an insightful conversation with Vandana Ramnani, Editor - Real Estate at HT Digital, Boman Irani, President - CREDAI, and Chairman and Managing Director - Rustomjee Group, shared his thoughts on how proptech is not only enhancing efficiency but also addressing the complexities of land acquisition, redevelopment, and regulatory processes.
28.11 / 06:37
Fighting
Parke
BTS
community
cover
reports
BTS’ Suga left his former home due to repeated fights with neighbours?
Global K-pop phenomenon BTS is no stranger to the spotlight, often finding itself embroiled in controversies involving its members. Most recently, member Suga has become the subject of online buzz. Previously linked to legal issues surrounding a drunk driving case, Suga is now facing renewed attention over alleged conflicts with neighbors at one of his former residences. A report by Biz Hankook sheds light on Suga’s move from his luxurious UN Village villa, which followed his departure from another property in 2021. The report states that Suga initially purchased a residence in Hannam Riverhill in 2018 for? 3.40 billion KRW. However, just three years later, in November 2021, he vacated the property, reportedly due to disagreements with other residents in the community.
28.11 / 03:09
markets
Strategy
Parke
Election
reports
Features
Eknath Shinde wants his son Shrikant to be Maha Deputy CM? Here's what's buzzing
Devendra Fadnavis is widely expected to be sworn in as Maharashtra's next Chief Minister following a green signal from the BJP central leadership. After Shinde's resignation on November 26, it cleared the path for a Fadnavis-led government. The Maharashtra Governor had requested Shinde to continue as caretaker chief minister until the new government is formed. The swearing-in ceremony is scheduled for December 2 at Mumbai’s iconic Shivaji Park, with an elaborate event planned by the BJP, featuring dignitaries and religious leaders.
27.11 / 21:33
CEO
Entertainment
Parke
Golf
reports
Sporting
athletics
LIV Golf will hire sports and entertainment leader Scott O'Neil to replace Greg Norman, report says
Scott O'Neil is set to become the next CEO of Saudi-funded LIV Golf
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