Parke Financial News
23.02 / 08:03
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Kerala bus burst into flames near Alappuzha, all passengers safe | Watch video
passengers escaped unhurt as the driver noticed a burning smell and asked everyone to get off the bus quickly, PTI reported. The bus was almost fully gutted in the fire. "The fire has been extinguished by the fire force.
23.02 / 07:01
UPS
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Racing
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‘It wasn’t a priority’: American man angry with Canadian police over his stolen truck
It started off as a routine trip from New Hampshire to Burlington, Ont., where Robert Arndt was visiting his daughter and two grandchildren.“We go about four times a year to visit and we stay in the same hotel in Burlington,” said Ardnt.On Feb. 10 at 6:30 a.m, Arndt went to his truck to retrieve some clothes only to discover it was gone.
23.02 / 01:35
markets
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Dividend stocks: Bosch, Bharat Forge, National Aluminium, Sun Tv among 21 stocks to trade ex-dividend today
Dividend stocks: Shares of Bosch Ltd, National Aluminium Co. Ltd, Sun Tv Network Ltd, Bharat Forge Ltd, Kirloskar Oil Engines Ltd, Cantabil Retail India, Aegis Logistics Ltd, BLS International Services Ltd, India Nippon Electricals Ltd, Career Point Ltd, Dynamatic Technologies Ltd, Gretex Corporate Services Ltd, Garden Reach Shipbuilders & Engineers Ltd, Modison Ltd, Nicco Parks & Resorts Ltd, Nirlon Ltd, Sandesh Ltd, Saurashtra Cement Ltd, Taparia Tools Ltd, United Drilling Tools, Xchanging Solutions Ltd, Zydus Lifesciences Ltd, Kaveri Seed Company Ltd, and Remedium Lifecare Ltd will be in focus when the stock market opens on February 23 (Friday). The Board of Directors of these companies have declared interim dividend, shares buyback, and stock split for their eligible shareholders.
23.02 / 01:13
markets
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trends
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Arbitrage funds trump short-term debt, draw all-time high inflows
investors and family offices are pouring money into mutual funds' arbitrage schemes as better tax efficiency, higher returns than short-term debt funds, and no credit risk are boosting their popularity. Investors are increasingly using this category to park idle money typically for their short-term needs which have historically gone into liquid and money market funds — debt schemes that bet on high-quality short-term bonds. Data from Franklin Templeton show arbitrage schemes, whose assets under management have reached an all-time high of ₹1.64 lakh crore, saw the highest inflows across fund categories in the last 12 months to the tune of ₹67,500 crore. Arbitrage funds aim to benefit from the price anomalies between a stock and its futures contracts by simultaneously buying and selling both of them. The strategy is considered low-risk because it does not bet on the direction of the market.
23.02 / 00:43
UPS
Pool
Parke
Metro
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reports
More savers ditch bank deposits to flirt with equity
savings account (CASA) deposits — can no longer be taken for granted with the average urban saver increasingly tilting in favour of higher-yielding Dalal Street instruments, such as mutual fund plans and direct stock ownership. And the already visible struggle for deposits could intensify further for the industry with the biggest index weighting — and overseas ownership — as democratisation of technology and familiarity help lift the veil on the hitherto opaque and esoteric world of D-Street for the average rural saver, fundamentally altering the dynamics in the handling of financial savings to the detriment of high-street banks.
22.02 / 21:11
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MET
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Strategy
Parke
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Destinations
Cetera’s TRPG begins RIA integrations with acquisition of Kansas firm
The Retirement Planning Group has acquired 100% of the assets of Dightman Capital Group Inc., an RIA based in Overland Park, Kansas.
22.02 / 12:23
Aviat
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Research
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IIT Guwahati starts drone pilot training organisation
IIT Guwahati has partnered with EduRade, a brand owned by RC HobbyTech Solutions Pvt. Ltd and incubated at IIT Guwahati Research Park, to start a Remote Pilot Training Organisation (RPTO). Spanning 18 acres and with the capability to fly nine medium-class drones simultaneously, the RPTO at IIT Guwahati is being touted as India’s largest. The RPTO’s main objective is to promote drone technology in the country and meet rising demand for drone pilots. It also aligns with the vision of making India a global drone hub in line with the government's ‘Namo Drone Didi’ initiative.
22.02 / 10:19
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Assurant
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information
NFO Alert: ICICI Prudential Mutual Fund launches the Nifty LargeMidcap 250 Index Fund; all you need to know
tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.Also Read: 5 best flexi cap mutual funds gave over 20% annualised returns in the past 5 years Investors can invest under the scheme with a minimum investment of ₹100 per plan/option and in multiples of Re 1.
22.02 / 07:57
Citi
Strategy
Parke
Research
shooting
performer
consequences
Office demand sees green shoots
The resurgence of Global Capability Centers (GCCs) has helped demand for Grade A office spaces make a comeback. This has meant an improved leasing trajectory for office asset owners, who have been grappling with muted demand lately. In a spillover effect of challenges facing the Indian IT sector, leasing took a beating given that technology companies have been top contributing tenants for Grade A offices until recently.
21.02 / 23:28
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students
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Schools
International
South Korean government warns striking doctors to return to work or face legal action
The South Korean government has warned thousands of striking doctors to return to work immediately or face legal action after their collective walkouts caused cancellations of surgeries and disrupted other hospital operations
21.02 / 13:27
Remark
Parke
community
Wildlife
Justice
Courts
orienteering
'We worship lions during Durga Puja...': Calcutta HC remarks on lioness being named 'Sita' at Siliguri zoo
LiveLaw. The matter was heard by a single bench of Justice Saugata Bhattacharya, who said that there is confusion regarding the naming of the lioness. He posted the matter for hearing at a later date.
21.02 / 09:55
markets
ETF
CEO
Strategy
Parke
Exodus
Global X ETFs hires CEO from Goldman Sachs AM after senior executive exodus
Effective from 8 April, O'Connor will be responsible for driving the firm's strategy, «reinvigorating» its product suit and leading the team into a «new, growth-focused era». Prior to joining Global X, he was global head of ETF product at Goldman Sachs Asset Management. He was originally hired by the firm in 2017 to build its US fund strategist model portfolio business. Global X ETFs CIO to exit amid senior management exodus O'Connor also spent over a decade at State Street Global Advisors, where he led product and capital markets teams for the SPDR ETF franchise. Hyeon-Joo Park...
21.02 / 09:03
Citi
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Universities
Celebrity
hospital
PM to participate in Gujarat Milk Fed's golden jubilee celebration on Feb 22, inaugurate projects in Varanasi on Feb 23
PM Modi will participate in the Golden Jubilee celebration of the Gujarat Cooperative Milk Marketing Federation (GCMMF). "The Golden Jubilee celebration of GCMMF will witness participation of more than 1.25 lakh farmers at Narendra Modi Stadium, Motera, Ahmedabad." On the same day, he will "dedicate to the nation and lay the foundation stone of multiple development projects worth more than ₹22,850 crore" in Mahesana and Navsari.
21.02 / 02:05
20.02 / 20:51
Parke
Death
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Vaccines
'Zombie deer disease' reported in US, Canada, other countries. Check symptoms, treatment, vaccine
Zombie deer disease" has put scientists on alert. It has 100 per cent fatality rate and so far there is no vaccine. Concerns have been raised over its potentiality to cause infection among humans, as per a report. As many as 33 states in the US have reported such cases. Apart from the US, instances of the disease have been reported in South Korea, Canada, and Norway.
20.02 / 17:43
20.02 / 16:29
COST
Parke
Highways
Banner
Fastenal
country
Financial
'Without us, you don’t eat': Greek farmers ride some 200 tractors to Athens to demand financial help
Greek farmers have ridden some 200 tractors to the capital, Athens, demanding financial help from the government as cost of living spiked in the Mediterranean country
20.02 / 16:29
Fighting
Parke
students
Universities
hospital
patient
International
South Korean doctors walk out to protest medical training push, causing surgery cancellations
South Korean trainee doctors have collectively walked off their jobs to protest a government medical policy, triggering cancellations of surgeries and other medical treatments at hospitals
20.02 / 12:09
markets
Citi
Provident
Landmark
Strategy
Parke
hospital
Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel
Radisson Hotel Group said on Monday it has signed a 150-room Radisson Blu Hotel in Ayodhya. A greenfield project, the hotel is being developed by Jeewani Hospitality in partnership with EaseMyTrip and is expected to open in 2027. This is Radisson Hotel Group’s second hotel in Ayodhya. Previously, it announced the opening of Park Inn by Radisson Ayodhya in January 2024.
19.02 / 13:41
19.02 / 05:17
markets
Provident
Assurant
security
Align
Parke
tenor
Fixed Deposits: 10 banks offering 8% and above interest on FDs
Fixed deposits (FDs) have long been a preferred investment choice for individuals seeking stability, security, and steady returns. Offering a conservative yet reliable avenue for wealth preservation and growth, FDs remain a cornerstone of many investors’ portfolios.
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