Friday, May 30News That Matters

Month: April 2024

Justdial reports a surge in demand for water services, Bengaluru and Hyderabad top the charts

Home Improvement, Lifestyle, News
A 101% and 56% surge in water tanker-related searches in Bengaluru and Hyderabad, respectively. -          Significant rise in searches for water-related services in Pune (31%), Mumbai (11%), Ahmedabad (7%), Chennai (6%), Delhi (3%), and Kolkata (3%) -          The most sought-after categories included water tank dealers, drinking water tanker suppliers, water tank repairs & services, and water tank cleaning services Bangalore, 12th April, 2024: As the world grapples with the ongoing climate crisis, Justdial, India's no.1 Hyper-local business search engine, unveils alarming consumer trends, shedding light on the exacerbating water scarcity issue in urban areas across the country. The nation's struggle with this issue stems from a severe mismatch between its limited water resou...

Vestian: Domestic investors dominated institutional investments in Q1 2024 (Jan-March)

Business & Finance
New Delhi, 13th April 2024: Q1 2024 reported institutional investments of USD 552 Mn, registering a decline of 55% on year and 27% on quarter. This steep fall could be attributed to the cautious approach of foreign investors amid global macroeconomic uncertainty. On the other hand, domestic investors showcased resilience and accounted for 98% of the total institutional investments received in the current quarter. Although the share has increased from 36% a year earlier, investments in value terms increased by only 21%. Domestic investors invested around USD 541 Mn across multiple deals during Q1 2024. Investor Type Value (USD Mn) % Change % Share Q1 2023 Q4 2023 Q1 2024 Q1 2024 vs Q1 2023 Q1 2024 vs Q4 2023 Q1 2023 Q4 2023 Q1 2024 Foreign 791.4 299.8 11 -9...

Indian real estate expected to reach US$ 1.5 tn by 2034; driving 10.5% of economic output: Knight Frank India – CII Report

Business & Finance
India’s GDP has the potential to reach US$ 10.3 tn by 2034 Urban cities in India will require 78 mn new homes between 2024-34 Upcoming demand could lead to USD 906 bn worth of new homes in by 2034 New Delhi, April 12, 2024: In its latest report titled ‘Indian Real Estate: A Decade from Now’, Knight Frank India, a leading real estate consultancy in the country, in association with the Confederation of Indian Industry (CII), has projected that the value of the Indian real estate sector will reach an estimated USD 1.5 trillion by 2034, constituting 10.5% of the total economic output by then. In 2023, the sector's market size was approximately USD 482 billion, contributing 7.3% to the total economic output. The residential market is expected to lead with a value of US$ 906 billion,...
Anil Kapoor and Sonam Kapoor Unveiled the Seventh Edition of Ariel #ShareTheLoad Film

Anil Kapoor and Sonam Kapoor Unveiled the Seventh Edition of Ariel #ShareTheLoad Film

Home Improvement, Lifestyle, News
Ariel Asks men 'Is your HomeTeam as strong as your Dream Team? Ariel’s new film highlights women supporting women, and husbands becoming trusted allies in household responsibilities and working as a Team at Home Mumbai, Maharashtra, India 72%* of women feel that if they are not at home for some time, their households will face problems. 72%* of women feel that household responsibilities stay on top of their minds when they are traveling. 71%* of women worry about how their partners are managing the household in their absence. 79%* of men agree that their wives call to check on the household when they are away from home. 72%* of women feel that they would be confident to make travel plans if their partners stepped up to take on household responsibilities. ...
Asian Paints On-boards Virat Kohli as the Brand Ambassador for a Revolutionary Offering – “Neo Bharat Latex Paint”

Asian Paints On-boards Virat Kohli as the Brand Ambassador for a Revolutionary Offering – “Neo Bharat Latex Paint”

Architecture, Home Improvement, Lifestyle, News
New Delhi,India Apr 11, 2024 16:19 IST Asian Paints, India's foremost paint and decor company, proudly announces the onboarding of cricketing icon, Virat Kohli as the brand ambassador for their upcoming new launch - Neo Bharat Latex Paint. Brand Ambassador, Asian Paints Ltd. Virat Kohli, with MD & CEO of Asian Paints Ltd., Amit Syngle With Neo Bharat Latex Paint, Asian Paints will revolutionize the paint category by expanding its footprint in this dynamic industry & democratize it further. Neo Bharat Latex Paint is revolutionary in every way as it comes equipped with special polymer technology that provides superior finish, higher coverage, and better washability. These “colours of progress”, as is the tag line for Neo Bharat, are an ode to the millions of ...
PVR INOX UNVEILS BENGALURU’S LARGEST CINEMA

PVR INOX UNVEILS BENGALURU’S LARGEST CINEMA

News, Technology
~14-screen Megaplex at Phoenix Mall of Asia features 3 Premium formats, MX4D, ScreenX & Insignia~ National, April 11, 2024:PHOTOS BY P K ANANTHKUMAR PVR INOX, the largest and the most premium cinema exhibitor in India, today announced the launch of Bengaluru’s largest cinema at Phoenix Mall of Asia and its largest cinema in South. The 14-screen Megaplex located in the largest and one of the most premium malls in Bengaluru features three premium formats – MX4D, ScreenX, and Insignia.  PVR INOX also introduces the first MX4D, the immersive 4D movie experience and ScreenX, 270-degree cinema viewing in South India. The new cinema will augment PVR INOX foothold in Bengaluru with 172 screens in 26 cinemas and in the state of Karnataka with 219 screens in 37 cinemas.  The company c...

DEVX LAUNCHES CO-WORKING SPACE IN UDAIPUR

News
The center is spread across 25,000 sq feet Total Assets Under Management – 10.25 Lakhs Sq feet Pan India presence with 27 Centers across 10 cities in India To add more assets across India with more than 2 Million Sq Feet area Ahmedabad, April 10, 2024: DevX, Gujarat’s largest Managed Office Space provider, today announced the launch of it’s new Coworking Space in Udaipur Jaipur – a 25,000 sq feet, 300 seater center. DevX recently raised a mix of Equity and Debt of $ 7 million funding, which will be deployed for further national and global expansion. The company plans to add more assets across India with more than 2 Million Sq feet area. Gujarat’s leader in the Managed office space segment, DevX is a co-working space cum accelerator founded in September 2017 by 3 entrepreneur...
Aahana Resort Launches Pool Villas: A Luxurious Retreat in Jim Corbett National Park

Aahana Resort Launches Pool Villas: A Luxurious Retreat in Jim Corbett National Park

Architecture, Lifestyle, News
India: 9th April 2024 Aahana Resort, nestled in 13.5 acres of lush green landscape of Jim Corbett National Park, announces the launch of its latest luxury offering: Aahana Pool Villas. Seamlessly blending luxury with adventure, these four-bedroom Private Pool Villas offer luxury living in nature’s embrace. Crafted for those who command the extraordinary, these villas are a testament to a harmonious blend of sustainability and comfort.  Every villa has its own private, temperature-controlled pool spread over 300 sq ft, complemented by a rejuvenating jacuzzi and hydrotherapy lounge, ensuring unparalleled relaxation for guests. Moreover, to curate an experience tailored to individual preferences, every villa includes a  dedicated Heritage Host, committed to ensuring a comfortable and p...
Asian Paints On-boards Virat Kohli as the Brand Ambassador for a Revolutionary Offering – “Neo Bharat Latex Paint”

Asian Paints On-boards Virat Kohli as the Brand Ambassador for a Revolutionary Offering – “Neo Bharat Latex Paint”

Architecture, Home Improvement, Lifestyle, News
New Delhi, India Asian Paints, India's foremost paint and decor company, proudly announces the onboarding of cricketing icon, Virat Kohli as the brand ambassador for their upcoming new launch - Neo Bharat Latex Paint. Brand Ambassador, Asian Paints Ltd. Virat Kohli, with MD & CEO of Asian Paints Ltd., Amit Syngle With Neo Bharat Latex Paint, Asian Paints will revolutionize the paint category by expanding its footprint in this dynamic industry & democratize it further. Neo Bharat Latex Paint is revolutionary in every way as it comes equipped with special polymer technology that provides superior finish, higher coverage, and better washability. These “colours of progress”, as is the tag line for Neo Bharat, are an ode to the millions of Indians who are in pursu...
Samsung Showcases Bespoke Home Appliances Featuring AI Capabilities and Enhanced Connectivity

Samsung Showcases Bespoke Home Appliances Featuring AI Capabilities and Enhanced Connectivity

Home Improvement, News
03-04-2024 (from L-R) Saurabh Baishakhia – Sr. Director, Digital Appliances, Samsung India, Richard Oh, Corporate VP, Digital Appliances, JB Park, MD& CEO Samsung SWA, Dipesh Shah, Managing Director, SRI-B launch BESPOKE AI at Samsung BKC in Mumbai Samsung, India’s largest consumer electronics brand, today showcased Bespoke appliances that are powered by AI, demonstrating the future of connected and sustainable homes. With AI-powered home appliances, Samsung aims at exceeding customers’ expectations in the fast growing premium appliances market. With inbuilt Wi-Fi, internal cameras and AI chips, Samsung’s latest appliances featuring Bespoke AI seamlessly connect and provide convenient home management with easy to access controls through the SmartThings Application. ...