Thursday, November 21News That Matters

Month: September 2024

Knight Frank assists Central Warehousing Corporation in monetising assets worth over INR 782 Cr

Knight Frank assists Central Warehousing Corporation in monetising assets worth over INR 782 Cr

News
Over 83 acres of Grade A warehousing space transacted under a PPP model Close to INR 700 Cr invested by Blackstone’s Horizon Industrial Park  New Delhi, September 02, 2024: Knight Frank India, the country’s premier real estate and infrastructure advisory consultancy, has successfully executed the monetisation of ~83 acres of prime Grade A warehousing properties for Central Warehousing Corporation (CWC), India’s largest public sector warehousing company. As part of its monetisation efforts, CWC earmarked prime warehousing properties across 50+ locations for modernization and development under Public-Private Partnership (PPP) with a total investment of INR 782 crores across 16 properties. Blackstone’s Horizon Industrial Park has committed to developing Grade A warehousing across 13...
Greenply Industries of India and Samet of Türkiye come together offering exceptional furniture accessories to elevate living spaces worldwide

Greenply Industries of India and Samet of Türkiye come together offering exceptional furniture accessories to elevate living spaces worldwide

Architecture, News
This strategic collaboration under the brand Greenply-Samet has commenced its manufacturing activities and commercial production as per the Phase-I plan on 30th March 2024 at its state-of-the-art unit in Vadodara, Gujarat ~ Bengaluru, 30th August 2024 : Greenply Industries Ltd., a pioneer in the Indian plywood industry, and Samet, one of the leading global brands in functional furniture hardware have commenced their business operations together as part of their joint venture Greenply-Samet and are set to revolutionize the Indian furniture hardware market.   Greenply Industries and SAMET B.V. marked a significant milestone on 26th October 2023 by forming a Joint Venture Company named "Greenply Samet Private Limited." This strategic collaboration under the brand Greenply-Samet is poised to...
Regency Ceramics to Expand Production Capacity with Strategic Buyout

Regency Ceramics to Expand Production Capacity with Strategic Buyout

News
Bengaluru, 2nd September 2024 : In a significant development, Regency Ceramics - a legacy ceramic manufacturing company listed on BSE/NSE has announced a structured takeover of Segno Ceramics Private Limited. The standout deal will grant Regency Ceramics complete control of the manufacturing plant, effective from August 22, 2024. Regency Ceramics is committed to make a significant impact and aims to contribute to the industrial resurgence within the state. Regency Ceramics has entered into an agreement without the burden of heavy capex spend, ensuring a marginal impact on cash flows. The all-cash deal will strengthen Regency Ceramics’ market position, particularly in South and East India. Spread over 50 acres, the plant has a production capacity of 3.6 million sq.mtrs (MSM) per year. Th...
TEGA Honors Bengaluru’s Outstanding Educators

TEGA Honors Bengaluru’s Outstanding Educators

News
Bangalore 31 August 2024: The D4A Education Foundation hosted the inaugural Educators’ Guild Awards (TEGA), a prestigious event honoring the outstanding contributions of educators in Bengaluru. The awards ceremony recognized the dedication, passion, and innovative teaching methods of educators who have significantly impacted the lives of their students. The awards ceremony, held on August 31, 2024, was a resounding success, drawing together a diverse group of educators, students, parents, and community members. The event was a testament to the profound impact that educators can have on the lives of young people. Award Categories: Shiksha Ratna: Lifetime achievement award recognizing teachers who have made a significant impact not only in their schools but also in their communities. ...