Parke Financial News

Shake Shack CEO Randy Garutti will retire next year with the burger and milkshake chain gaining significant momentum as it undergoes a significant expansion

Zomato plans to diversify into the catering business by leveraging its established network of restaurant partners as part of a broader strategy to service large orders, said a senior executive at the food delivery platform. The company is also looking to add more offerings to its loyalty programme, Gold, despite concerns about the potential impact on profitability, Rakesh Ranjan, chief executive for food delivery, said in an interview.

Rays Power Infra has inked an initial pact with the Uttarakhand government to build a 500 MW solar park in the state. The collaboration underscores the company's dedication to advancing sustainable energy initiatives and aligning with the Uttarakhand government's vision for an environmentally responsible future, the company said in a statement.

Adani Total Gas surging by as much as 65%. This upswing is attributed to the positive outlook on the BJP government's potential return to power in 2024, following the party's success in three key state elections, which has bolstered investor sentiment.

dash cam options for your car. Ensuring more than just a mere recording, these dash cams are equipped with advanced features that go beyond conventional expectations. From high-definition video capture and wide-angle lenses to built-in GPS tracking and intelligent parking modes, each entry on our list offers a unique blend of functionalities catering to diverse driver needs.

British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6 million) in a bumper round of funding that values the company north of $8.6 billion.

MOSCOW — An international fashion forum in Moscow has brought together designers from Brazil, China, India, South Africa and other countries, an event that underlined Russia’s shift away from the West amid the fighting in Ukraine.

President Joe Biden is stepping up his fundraising as he prepares for an astronomically expensive reelection campaign

In recent years, there has been a significant rise in the demand for pre-owned cars. Considering the changing consumer behavior coupled with wise purchasing practices, the trend is very unlikely to abate any time soon. Additionally, with car purchasing witnessing a paradigm shift from mere functionality to aspiration, pre-owned luxury cars are invariably becoming popular in the space.

A B.C. jury has found the man accused of killing a young teen girl in a Burnaby park six years ago guilty of first-degree murder.Ibrahim Ali had pleaded not guilty to first-degree murder in the July 2017 killing.

MUMBAI : The Reserve Bank of India’s (RBI) move to allow banks more flexibility in managing funds over weekends and on holidays will help smoothen the functioning of the money market and in reducing cost, according to traders. The central bank governor Shaktikanta Das, while announcing RBI’s monetary policy review said it will allow banks to move and borrow between the standing deposit facility (SDF) and marginal standing facility (MSF) during weekends and holidays from 30 December.

Sanchit Jain, Barclays' former head of emerging market options trading in Singapore, is leaving.

Barclays, which is in the process of devising a new strategy that may not, but should really, mean a lot of job cuts in its investment bank, is also making some promotions. In apress release yesterday, it said it had promoted 81 managing directors in its investment bank, down from 85 last year. 

Martin Luther King Jr.'s birth home with gasoline. The woman, 26, whose name has not been revealed, has been booked for criminal attempt to commit arson and criminal attempt to damage government property. She is likely to face federal charges in connection with the incident, the police said.

Australian Open warm-up event in Brisbane next month. Eleven months have passed since the Spaniard's defeat at Melbourne Park in the second round by American MacKenzie McDonald. Due to his hip ailment, he required surgery twice and, while out of action, dropped to 664th place in the world rankings.

carbon-neutral port operations and be Net Zero for APSEZ by 2040. Our climate-friendly transformation includes electrifying all cranes, switching all diesel-based Internal Transfer Vehicles to battery-based ITVs, and installing an additional 1000 MW of captive renewable capacity," the X post read. Gautam Adani also said his conglomerate is pledging mangrove plantations in about 5,000 hectares by the financial year 2024-25.

RBI) continued with its stance of pause in the bi-monthly policy review on Friday. The central bank held the Repo Rate (or the rate at which lends money to banks) at 6.5%, in line with the expectations of money market participants. What does the continued pause mean to mutual fund investors? The Reserve Bank of India has been holding policy rates since February this year. The apex bank had raised policy rates by 2.5% before the pause, starting from May 2022, to contain the inflationary pressure in the economy. Central banks raise interest rates to control inflation by suppressing demand for loans. According to money market analysts, the policy pause is likely to be a long one as the central bank is extremely vigilant about the inflationary pressure in the economy. Most of these analysts rule out a rate cut before June 2024.

Archies, released on Netflix. Besides, the musical thriller Chamak, Manoj Bajpayee‘s intense drama Joram, and Timothée Chalamet’s Wonka are other exciting OTT releases that have been released this week. Theatrical releases score over web originals on OTT The movie revolves around Archie Andrews and his group of friends who try to save a park in Riverdale.

Real Estate Investment Trusts (REITs) listed on domestic stock exchanges have largely been forgettable bets for many investors in 2023 so far as a delay in the pick-up in commercial real estate, a slowdown in the IT sector, and higher interest rates have capped returns. Prices of the listed REITs have mostly fallen so far this year, but investment advisors see better prospects for this asset class in 2024 if the government eases occupancy rules in special economic zones (SEZs). REITs are vehicles that own and operate income-producing properties mainly office spaces and commercial real estate.

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JOURNEY and DEF LEPPARD, two of rock's legendary and influential bands, have revealed an upcoming co-headlining stadium tour set to heat up the summer of 2024. Together, they will dominate stadium stages across North America. The two bands will perform together for the second time at Target Field on August 19, becoming the third rock concert announced for the Twins' ballpark in 2024.