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In a significant achievement, Technopark has been awarded A+/Stable rating for the fourth consecutive year by the rating agency Credit Rating Information Service of India Ltd (CRISIL) for maintaining a robust as well as proper financial position and progress, the State government said on Friday. Technopark received A+/Stable rating by CRISIL in 2021, after which it had maintained the same in the last two years as well, a release said. At present Technopark is home to 490 Information Technology (IT) and Information Technology enabled Services (ITeS) companies with a direct employability of 75,000, it said. It further said that the high to almost full occupancy in all campuses at Technopark with diversified clientele ensures steady cash flows. Additionally, the ongoing flagship projects along with the projects in pipeline were the critical parameters evaluated by CRISIL and helped Technopark achieve the A+/Stable rating again in 2024, the release said. Welcoming the achievement, Col. Sanjeev Nair (Retd), CEO, Technopark, said that securing the A+/Stable rating from CRISIL for the fourth consecutive year underscores Technopark’s unwavering commitment to financial excellence and sustainable growth. “This milestone reflects our team’s dedication, proactive management practices, and the trust of our IT partners. It fuels us to push boundaries, ensuring a future-ready IT ecosystem that upholds global standards,” he said. “The A+ rating accompanied by a stable outlook, highlights our park’s consistent ability to meet its financial obligations while maintaining long-term sustainability. This achievement is a testament to our strong governance, strategic management, and adherence to best practices in the industry,” he said. Jayanthi L., CFO of Technopark, too welcomed the achievement and said that the stable outlook further reinforces its ability to navigate through economic fluctuations with resilience. “Being at the helm of such a legacy is not just a matter of pride but also a responsibility—to ensure that, through constant financial vigil, the organisation reaches new heights,” she said. She further said that by aligning financial and operational goals, Technopark has embraced a fundamental requirement for corporate sustainability and success by “serving as catalysts for operational efficiency.” Published - December 21, 2024 12:00 am IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit

WEST PALM BEACH, Fla. — President-elect Donald Trump said Saturday he intends to nominate real estate developer Charles Kushner , father of Trump’s son-in-law Jared Kushner, to serve as ambassador to France. Trump made the announcement in a Truth Social post, calling Charles Kushner “a tremendous business leader, philanthropist, & dealmaker." Kushner is the founder of Kushner Companies, a real estate firm. Jared Kushner is a former White House senior adviser to Trump who is married to Trump’s eldest daughter, Ivanka. The elder Kushner was pardoned by Trump in December 2020 after pleading guilty years earlier to tax evasion and making illegal campaign donations. Prosecutors alleged that after Charles Kushner discovered his brother-in-law was cooperating with federal authorities in an investigation, he hatched a scheme for revenge and intimidation. Kushner hired a prostitute to lure his brother-in-law, then arranged to have the encounter in a New Jersey motel room recorded with a hidden camera and the recording sent to his own sister, the man’s wife, prosecutors said. Kushner eventually pleaded guilty to 18 counts including tax evasion and witness tampering. He was sentenced in 2005 to two years in prison — the most he could receive under a plea deal, but less than what Chris Christie, the U.S. attorney for New Jersey at the time and later governor and Republican presidential candidate, had sought. Christie has blamed Jared Kushner for his firing from Trump’s transition team in 2016, and has called Charles Kushner’s offenses “one of the most loathsome, disgusting crimes that I prosecuted when I was U.S. attorney.” Trump and the elder Kushner knew each other from real estate circles and their children were married in 2009. Tucker reported from Newtown, Pennsylvania.Global study points to a clear solution for the massive decline in sharks and rays

Purpose Investments Inc. Announces 2024 Final Annual Income and Capital Gains Distributions For Purpose Mutual Fund Trusts with December 15, 2024 Tax Year-EndDaily News Girls Athlete of the Week: Name: Gabby Jensen School: Agoura Sport: Soccer Year: Senior Noteworthy: Jensen recorded a goal and an assist in Agoura’s 2-0 win over Oak Park on Friday night. The game was part of the Kanan Cup, an annual event that celebrates the rivalry between the Eagles and the Chargers (1-1-1). It is the second Kanan Cup win that Agoura has achieved.In a decisive move, U.S. President-elect Donald Trump has selected former Senator David Perdue to serve as ambassador to China. Perdue, with a background in business, is anticipated to navigate the longstanding trade tensions and mistrust characterizing U.S.-China relations. Announcing the appointment via his social media platform, Trump highlighted the critical role Perdue will play in maintaining peace and fostering productive communications with Chinese leaders. As he prepares for his term, commencing January 20, 2025, Trump has expressed intent to impose a 10% tariff on Chinese goods unless China acts to curb fentanyl trafficking. Perdue's nomination reflects a traditional approach of assigning political figures to the Beijing embassy, deviating from incumbent President Joe Biden's preference for career diplomats. Trump's hardline strategy is further evidenced by appointing Senator Marco Rubio for Secretary of State, hinting at a broader policy that transcends trade issues. (With inputs from agencies.)

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