Latest news with #PRS
The Star
5 days ago
- Business
- The Star
Public Mutual declares over RM20mil in distributions for three funds
KUALA LUMPUR: Public Bank Bhd 's wholly-owned subsidiary, Public Mutual Bhd, has declared distributions totalling over RM20mil for three funds. In a statement, the unit trust company announced a gross distribution of 3.75 sen per unit for the Public Select Bond Fund, 0.20 sen per unit for the Public Dividend Select Fund, and 0.10 sen per unit for the PB ASEAN Dividend Fund. Public Mutual is Malaysia's largest private unit trust company, with more than 180 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.
The Hindu
5 days ago
- The Hindu
Rail passenger welfare association makes a case for improving amenities at stations on Coimbatore-Dindigul route
Welfare Association of Rail Passengers - Coimbatore-Pollachi-Palani-Dindigul (WARP-CPPD) has made a representation to the Divisional Railway Manager, Palakkad Division, for improving passenger amenities and services at stations on the Coimbatore-Dindigul route. The current platform length at Kinathukadavu Railway Station was insufficient to accommodate long-distance and express trains. The inconvenience and safety concerns of passengers have to be addressed by increasing platform length, association president S. Devadass and secretary K. Mohan Kumar said. A petition submitted by the association also sought platform coach indication boards and a PRS (passenger reservation system) counter either at the station or at the Kinathukadavu Post Office to facilitate ticket bookings. Restoration of halt at Kovilpalayam and Nallattipalayam stations will boost regional connectivity and support daily travellers, especially school children, workers and small traders, the petition said. According to the Kovilpalayam Train Passengers' Association, the Kovilpalayam Station on an expanse of over 16 acres is surrounded by colleges and industries, and, hence, would ensure profit for the Railways. The residents rely on road transport. Restoration of the one-minute stoppage at Kovilpalayam will be of help to pilgrims visiting Sulakkal Mariyamman Temple, which is only two km away from the station. Most of the pilgrims visiting the temple are from Kerala, the association said. The old station building that served the passengers till 1992 must also be rebuilt, the association emphasised.
The Hindu
23-05-2025
- The Hindu
RPF arrests West Bengal native for selling train tickets illegally
The Railway Protection Force (RPF) has arrested a man hailing from West Bengal, who was involved in illegal sale of train tickets at Podanur railway station in Coimbatore. The arrested has been identified as Imran Hossain Sekh, 37, a native of Bhagabatipur in Hooghly district, who had been residing at M.G.N. Street in the city. RPF sub-inspector P. Manikandan and his team conducted a check around the Passenger Reservation System (PRS) centre at Podanur railway station on Wednesday afternoon. They frisked Sekh, who was found in suspicious circumstances near the main portico of the railway station. A statement from RPF said Sekh was found carrying three live PRS counter tickets valued ₹26,230 and five unfilled reservation forms. His mobile phone contained images of numerous journey-expired PRS counter tickets, including 10 recently booked and sold tickets valued ₹85,065. When questioned, he confessed to having been booking railway tickets at PRS centres at Podanur, Coimbatore, Coimbatore North, Peelamedu, Mettupalayam and Ottapalam railway stations and selling them to passengers for a margin of ₹300. The RPF registered a case against Sekh under Section 143(1)(b) (purchases or sells or attempts to purchase or sell tickets with a view to carrying on any such business either by himself or by any other person) of the Railways Act, 1989. The accused, along with the seized properties, was produced before the First Judicial Magistrate Court on Thursday. The court remanded him in judicial custody till June 5.
Irish Independent
21-05-2025
- Business
- Irish Independent
Student blocks in Dublin and Galway hit the market with €115m price tag as investment rebounds
The Dublin property, trading as Mezzino at Mayor Square in the International Financial Services Centre, provides 290 bedspaces. It is located adjacent to the National College of Ireland and is a short walk to Trinity College Dublin. The Galway facility, known as Cúirt Na Coiribe, has 434 bedspaces and is located close to the University of Galway and Galway city centre. Built by local firm Kenny Developments in 2004, this premises extends to 160,422 sq ft and sits on a 1.414 hectare site. Kenny's sold it some years ago. Consequently it also comes with full planning permission for an additional 515 beds which would bring it to 920 net beds upon completion. While this planning permission will expire in about seven months, in January 2026, its existence demonstrates a positive planning history and the prospect that a revised submission could be favourably received by the planning authorities. Between the University of Galway and Atlantic Technological University campus in the city's eastern suburbs, about 22,700 full-time students attend third-level colleges in Galway. However, the city has only 5,300 purpose-built student accommodation (PBSA) beds indicating strong excess demand. Emma Reardon of Cushman and Wakefield says that both Dublin and Galway PBSAs benefit from robust year-round demand, driven by consistent academic term time occupancy and strong summer business. PBSA is considered one of the more attractive sectors of the property investment market and last year US investor/developer Hines bought a 298-bed student facility at Stephen's Quarter, Dublin 2, for around €79m, helped by inclusion of a supermarket. The deals come as new figures from Sherry FitzGerald show that capital flows into the Irish property market totalled €28.7bn in 2024, up 13pc on the year before. It includes investment in student accommodation in 2024 of €230m. Commercial property capital flows expanding by 75pc year-on-year to €4.5bn. There was a notable improvement in direct commercial investment, up 39pc to €2bn, and development land transactions also grew significantly. The data shows the residential market continued to dominate activity, accounting for €24.2bn of the total. ADVERTISEMENT Total spend by non-household entities including institutional investors, local authorities and Approved Housing Bodies (ABH) was up 10pc, although it was still below the 2022 level. The Private Rented Sector (PRS) remains largely on the sidelines, accounting for just €246m of investment, the weakest seen since 2017, with no forward fund or forward commit PRS transactions reported in 2024. This confirms that PRS investment has largely been replaced by an increase in AHBs funding new supply of rental stock including apartments, rather than both segments growing alongside each other.
Time of India
17-05-2025
- Automotive
- Time of India
58 school buses in Coimbatore found with defects, denied fitness certificate
Coimbatore: Ahead of the reopening of educational institutions after the summer vacation, at least 58 buses used for transporting students were found unfit during an inspection at the Police Recruits School (PRS) ground here on Saturday. A special committee, comprising the district collector, regional transport officers, police and education department officials, inspected 945 school vehicles on the day to check if the mandatory safety features were in place. After the inspection, 58 buses were not issued fitness certificates, as they did not have a speed governor, first aid kit, valid fire extinguishers, and inside cameras and reverse camera sensors. Collector Pavankumar G Giriyappanavar said the school buses were inspected for safety features as per the Tamil Nadu Motor Vehicles (Regulation and Control of School Buses) Special Rules 2012. At least 945 of the 1,471 school buses from 274 schools in the jurisdiction of Coimbatore Central, South, North, West and Sulur regional transport offices were inspected on the day. "Defects were detected on 58 buses. We have given them a week to rectify the issues and resubmit the buses for inspection to obtain the fitness certificate. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch Bitcoin và Ethereum - Không cần ví! IC Markets BẮT ĐẦU NGAY Undo The vehicles that are not inspected today will have to ensure they receive their fitness certificates before the reopening of schools," the collector said. An eye camp was conducted for the drivers who came for the inspection. Fire and rescue services department personnel demonstrated how to operate fire extinguishers in front of the drivers. Regional transport officers A S Viswanathan, Pradeepa and Poonkothai conducted the inspection, while the collector and deputy police commissioner (traffic) S Asokkumar supervised the process.
