Sunday, August 24News That Matters

Month: July 2025

BRIGADE HOTEL VENTURES LIMITED INITIAL PUBLIC OFFERING TO OPEN ON Thursday, July 24, 2025

BRIGADE HOTEL VENTURES LIMITED INITIAL PUBLIC OFFERING TO OPEN ON Thursday, July 24, 2025

News
The Brigade Hotel Ventures IPO is a bookbuilding IPO with a total issue size of ₹759.60 crore. The issue will consist entirely of a fresh issue of 8.44 crore shares, which will be offered at a price band of ₹85 to ₹90 per share. IPO Open Date: July 24, 2025  IPO Close Date: July 28, 2025  Price Band: ₹85 to ₹90 per share  Lot Size: 166 shares  Total Issue Size: ₹759.60 crore  https://youtu.be/gOoNC5P8f8s Bangalore, July 23, 2025: Founded as a wholly-owned subsidiary of Brigade Enterprises Ltd., Brigade Hotel Ventures Ltd. (BHVL) specializes in owning, developing, and managing hotels in prominent cities across India, focusing primarily on South India. As of March 2025, the company owns a portfolio of 9 operating hotels with 1,604 keys across cities ...
Tata Hitachi launches SHINRAI Prime CEV 5 The Most Reliable Partner

Tata Hitachi launches SHINRAI Prime CEV 5 The Most Reliable Partner

News, Technology
Bengaluru 23rd July 2025 : Tata Hitachi, a leader in the Indian construction equipment industry, today announced the launch of the SHINRAI Prime CEV 5, a next-generation backhoe loader designed to redefine trust, reliability, and performance. The SHINRAI Prime delivers exceptional fuel efficiency, higher torque at lower RPM, and reduced emissions as it is compliant with latest CEV 5 norms. Built with high-grade steel and robotic welding, its structure is engineered for durability and tough working conditions. The launch took place at SVS Aura Banquet, Sarjapur, Bengaluru on 23rd July, in presence of esteemed Customers, Senior Management of Tata Hitachi and PSN Bangalore (Authorised Dealer Partner). Designed for a wide range of applications—from construction and quarrying to agric...
“Kan-Kan Mein Ram” is not only a visual masterpiece but also a cultural compendium of universal values embedded in the Ramayana – Gajendra Singh Shekhawat

“Kan-Kan Mein Ram” is not only a visual masterpiece but also a cultural compendium of universal values embedded in the Ramayana – Gajendra Singh Shekhawat

Architecture
Release of INTACH Documentary Film by the Union Minister for Culture and Tourism  23 JUL 2025 6:23PM by PIB Delhi- The Indian National Trust for Art and Cultural Heritage (INTACH) organised a special screening for the release of its documentary film “Kan-Kan Mein Ram” on 23rd July 2025 at INTACH Multipurpose Hall, New Delhi. The event was graced by the presence of Shri Gajendra Singh Shekhawat, Minister for Culture and Tourism, Government of India, along with senior officials, scholars, and invited guests. In his keynote address following the screening, Shekhawat commended INTACH’s authentic research and creative execution, calling the film not only a visual masterpiece but also a cultural compendium of universal values embedded in the Ramayana. He appreciated how the documentar...
‘Our balance sheet remains strong to support this growth as we further prepare for next leg of expansion in the new regions.”-Mr. Puneet Dalmia, MD & CEO – Dalmia Bharat Limited

‘Our balance sheet remains strong to support this growth as we further prepare for next leg of expansion in the new regions.”-Mr. Puneet Dalmia, MD & CEO – Dalmia Bharat Limited

Business & Finance
Delivering Profitable Growth Q1 FY26 Highlights Announced Cement Capacity expansion of 6 MnTPA at Kadapa (In addition to 6Mnt Expansion announced in Belgaum in Feb 2025) Highest ever quarterly EBITDA of Rs 883 Cr Sales Volume stood at 7.0 MnT during the quarter NSR/T Increased by 6.6% YoY to Rs 5,193/T EBITDA/T increased by 40% YoY to Rs 1,261/T Net Debt to EBITDA stood at 0.33x as on June 30, 2025 Share of Renewable Power Consumption stood at 41.2% (Operational RE capacity including Group Captive - 294 MW) Bengaluru, 22nd July 2025 :  Dalmia Bharat Limited, (BSE: 542216, NSE: DALBHARAT), a leading cement manufacturing company, reported its consolidated financial results for the quarter ended June 30, 2025. Financial Highlights for the Quarter ended Ju...
“Issue notice to unauthorized shops in basements”: Maheshwar Rao.

“Issue notice to unauthorized shops in basements”: Maheshwar Rao.

News
Bengaluru, July 21: BBMP Chief Commissioner Maheshwar Rao has instructed officials to issue notices and initiate legal action against unauthorized commercial establishments constructed in basement areas within the Mahadevapura Zone. Addressing a meeting held today on various matters related to the Mahadevapura Zone, he emphasized that basements are designated solely for parking purposes and should not be used for commercial activities. In cases where shops have been illegally constructed, officials must issue notices and take appropriate legal action. Prepare a Comprehensive Plan for Each Lake:There are 52 lakes in the Mahadevapura Zone. The Chief Commissioner directed officials to prepare individual and comprehensive development plans for each lake. These plans should cover devel...
Bengaluru Tech Summit 2025 to be held from Nov 18-20 in BIEC.

Bengaluru Tech Summit 2025 to be held from Nov 18-20 in BIEC.

News
BENGALURU: (Jul 21) Bengaluru Tech Summit 2025 is scheduled to take place from November 18 to 20, an official said on Monday. It is an initiative of the Department of Electronics, IT and Biotechnology, Government of Karnataka, in partnership with industry stakeholders, and brings together the worlds of technology and business, according to its website. "This year, we will host the 28th edition of BTS. It is a powerful platform to showcase your country’s innovation ecosystem, connect with Indian industry leaders and startups, and explore collaboration across research, technology, and policy," Ekroop Caur, Secretary to the Government of Karnataka, Department of Electronics, IT & BT, said.The Global Collaboration Meet, organised by the Department of Electronics, IT & BT under t...
“AIAMA EXPO 2025”, -The three-day event, scheduled from 6th to 8th November 2025 in Tripura Vasini, Palace Grounds, Bengaluru.

“AIAMA EXPO 2025”, -The three-day event, scheduled from 6th to 8th November 2025 in Tripura Vasini, Palace Grounds, Bengaluru.

News
  AIAMA announces India’s Largest-Ever Agarbathi Expo to position country as Global Incense Hub   ~ AIAMA EXPO 2025 is the largest international conference and exhibition hosted in the agarbathi industry Bengaluru, 18th July 2025: The All India Agarbathi Manufacturing Association (AIAMA), the premier body representing the Indian agarbathi industry, has announced, “AIAMA EXPO 2025”, an International Agarbathi Expo & Conference to cement India’s position as a global hub for agarbathi manufacturing. The three-day event, scheduled from 6th to 8th November 2025 in Tripura Vasini, Palace Grounds, Bengaluru, has been conceptualised around the theme, 'Traditionally Modern'. The apex body will also be introducing Bureau of Indian Standards (BIS) certification as the quality mark ...
Sublime Appoints Amit Singh as Chief Executive Officer to  Lead Its Next Chapter of Growth and Impact

Sublime Appoints Amit Singh as Chief Executive Officer to Lead Its Next Chapter of Growth and Impact

News
Bengaluru, 17 July 2025 — SUBLIME today announced the appointment of Amit Singh as its new Chief Executive Officer. With over two decades of leadership in various facets of marketing and growth strategies across industries, Amit joins Sublime at a pivotal moment to scale its growth and cultural influence in India and beyond. Founded by Uzma Irfan, Sublime has evolved into a distinctive platform that seamlessly integrates art, culture, design, and storytelling, creating a sanctuary for modern aesthetes, emerging creators, and conscious consumers. The appointment of Amit Singh marks a new chapter in the brand's strategic growth, innovation, and community building. Sublime was born from the idea that inspiration can be a daily experience. As we enter our next phase, I’m delighted to wel...
Somany Ceramics Acquires Majority Stake in Durabuild, Enters High-Growth Construction Chemicals Segment

Somany Ceramics Acquires Majority Stake in Durabuild, Enters High-Growth Construction Chemicals Segment

News, PROPERTY MATTERS
Thursday, Jul 17, 2025 16:07:46 Somany Ceramics acquires majority stake in Durabuild, entering the booming construction chemicals market. New Delhi [India], July 17: Somany Ceramics Ltd., one of India’s most respected names in building materials, has acquired a majority stake in Durabuild, a Delhi-based manufacturer of construction chemicals, marking its strategic entry into the rapidly expanding construction chemicals market. Founded in 1998 by the late Dr. Dhananjoy Ghanti, a pioneer widely regarded as India’s first construction chemical chemist and currently spearheaded by Mr Rudrabir Ghanti, Durabuild brings with it a strong legacy of R&D-driven innovation. With a product portfolio of over 200 SKUs across waterproofing systems, concrete admixtures, tile adhesives, protecti...
Design a Comprehensive Development Plan for Major Junctions: Maheshwar Rao

Design a Comprehensive Development Plan for Major Junctions: Maheshwar Rao

News, PROPERTY MATTERS
Bengaluru, July 14: BBMP Chief Commissioner Maheshwar Rao has directed officials to design a comprehensive development plan for major junctions within the BBMP limits. Addressing a meeting held today at the BBMP head office, which focused on various issues across different zones, the Chief Commissioner stated that while several junction development projects are already underway in the city, officials must now prepare an integrated development plan for other key junctions to ensure uniform progress. Resolve Issues in Flood-Prone Areas: Currently, there are 53 flood-prone areas under BBMP limits. Of these, problems have been resolved in 4 locations. Work remains to be completed in 49 areas, with 22 locations receiving World Bank funding. The Chief Commissioner instructed officials t...