Parke Financial News

Radisson Hotel Group said on Wednesday it has 'accelerated' its growth in India by signing 21 hotels in 2023, under its portfolio of nine brands. The chain said it has marked its foray into the South Asian luxury market by signing the first Radisson Collection in India. The group also announced the signing and opening of the first internationally branded hotel in Ayodhya, the Park Inn by Radisson Ayodhya.

Adani Green Energy rose nearly 4% on Wednesday's trading session to ₹1,882 on BSE. The recent surge in the stock can be attributed to two key factors: the upward revision by Moody's and the operationalization of a 51 MW solar capacity in Gujarat.

Adani Green Energy Limited (AGEL) is planning to develop a 30 GW renewable energy plant with a colossal plan in Khavda, India. The project is, poised to be the world's largest upon completion, and is expected to generate a staggering ~81 billion units of electricity annually, enough to power 16.1 million homes and prevent a whopping 58 million tonnes of CO2 emissions each year. AGEL plans on expanding its operational portfolio to 9,029 MW and total portfolio to a commanding 20,844 MW.

Adani Green Energy Limited (AGEL), has operationalized 551 MW solar capacity in Khavda, Gujarat, by supplying power to the national grid, the company said today. AGEL achieved this milestone within 12 months of commencing work on the Khavda RE (renewable energy) park, starting with the development of basic infrastructure, including roads and connectivity, and creating a self-sustaining social ecosystem. AGEL also transformed the challenging and barren terrain of the Rann of Kutch into a habitable environment for its 8,000-strong workforce. AGEL plans to develop 30 GW of renewable energy capacity at this RE park. The planned capacity is expected to be operationalized in the next five years. When completed, the Khavda RE park will be the largest renewable energy installation in the world, the company said, adding that energy from the Khavda RE park can power 16.1 million homes each year.

Adani Green Energy (AGEL) shares rose nearly 4% to Rs 1,882 in Wednesday's trade on BSE after the firm said that it has operationalized 551 MW solar capacity in Khavda, Gujarat, by supplying power to the national grid. «AGEL achieved this milestone within 12 months of commencing work on the Khavda RE park, starting with the development of basic infrastructure, including roads and connectivity, and creating a self-sustaining social ecosystem. AGEL also transformed the challenging and barren terrain of the Rann of Kutch into a habitable environment for its 8,000-strong workforce,» the company said in a BSE filing.

Radisson Hotel Group on Wednesday said it has accelerated its growth in India by signing 21 hotels under a portfolio of nine brands in 2023. These 21 hotels also include the signing and opening of the group's first property at Ayodhya, in Uttar Pradesh — Park Inn by Radisson Ayodhya, as the destination gained a lot of national and international attention following the consecration of the Ram Temple last month, Radisson group said in a statement. In India, the Group continues to enjoy a first-mover advantage in the country's key pilgrim destinations. It will soon introduce branded hotels in Vrindavan in Uttar Pradesh and Ujjain in Madhya Pradesh, the statement added. Globally, Radisson Hotel Group added over 30,000 keys to its international portfolio.

Firefighters in Sweden are struggling for the second day to put out a blaze at a water park that's under construction at one of the country’s biggest amusement centers

A group of Disneyland performers in California are considering joining a union

Thousands of U.S. ride-hailing workers plan to park their cars and picket at major U.S. airports in what organizers say is their largest strike yet in a drive for better pay and benefits

 Disney Day Drinkers Club President Skip Sher has the latest on the creative mascot on 'The Bottom Line.'

(Reuters) — Performers of Disney 's cartoon characters such as Mickey, Donald and Goofy at its Disneyland theme park are looking to join Actors' Equity Association, a labor union representing those who work in live theatrical performance.

The Ford government is set to introduce automatic renewals for licence plates in Ontario as police report a surge in the number of drivers with expired credentials.

(Reuters) — Robinhood (NASDAQ:HOOD) Markets posted a rise in fourth-quarter revenue on Tuesday as the online brokerage earned higher interest off customers on loan repayments.

₹9,350 crore ($1.125 billion) to the promoters of the company. Moody's maintained stable outlook ratings for Adani Green Energy Restricted Group (AGEL RG-2), comprising Wardha Solar (Maharashtra) Pvt.

Toronto neighbourhood are calling on the municipal government to take action when it comes to a homeless encampment located in their community.The group, comprised of more than a dozen local businesses and residences, has penned a letter to Mayor Olivia Chow and other officials. It raises a number of significant safety concerns.“Residents are experiencing fear, stress and anxiety from this encampment,” the letter reads in part.Clarence Square Park, located near Front Street West and Spadina Avenue, is now largely occupied by tightly-situated tents.The letter is also addressed to Spadina-Fort York councillor and Deputy Mayor Ausma Malik, Toronto Police Chief Myron Demkiw, MPP Chris Glover and MP Kevin Vuong.Residents say they have witnessed a number of incidents over the past several months alone.

BSE at 12:49PM (IST) on Tuesday, down 0.6 per cent. The stock quoted a 52-week low price of Rs 557.15 and a high of Rs 1049.75. Earlier in the day, the stock saw a gap down opening.

Israel's war on Hamas in Gaza has also wreaked havoc on the Palestinian economy in the West Bank

Black smoke rose over Sweden’s second-largest city on Monday after a fire broke out at a water park under construction at one of the country’s biggest amusement centers

Indonesian police have named two Chinese nationals as suspects in the explosion of a smelting furnace at a Chinese-owned nickel plant on Sulawesi Island that killed 21 workers and injured dozens of others

₹453.4 crore and declared distribution of ₹208.56 crore for the December quarter. The distribution comprises ₹97 crore at ₹2.21 per unit in the form of interest payment on shareholder loan, Non-Convertible Debentures (NCDs) and Compulsory Convertible Debentures (CCDs), ₹108.89 crore at ₹2.48 per unit in the form of repayment of Special Purpose Vehicles (SPV) debt and NCD and the balance ₹2.63 crore at ₹0.06 per unit in the form of interest on fixed deposit.

New York City to Providence in Rhode Island, and onwards to Boston, as per a Fox report. The fast-moving winter storm was expected to hit the US Northeast early on Tuesday, dumping as much as 6 inches (15.24 centimeters) of snow on New York City before moving north later in the day and walloping Boston with more than a foot, forecasters said.