Sunday, August 24News That Matters

Month: August 2025

ASIA’S LARGEST TECH EVENT TO BE HELD AT BIEC

ASIA’S LARGEST TECH EVENT TO BE HELD AT BIEC

News
https://youtube.com/shorts/PFYcIVOs93E?feature=shared BANGALORE AUG 11,2025- The 28th edition of Asia’s largest technology event, the Bengaluru Tech Summit, will be held from November 18-20 at the Bangalore International Exhibition Centre. Karnataka’s Minister for Information and Technology Priyank Kharge on Monday, August 11 announced the 28th edition of the Bengaluru Tech Summit (BTS), Asia’s largest technology event, to be held from November 18 - 20. Conversation with Chief Minister’ - CEO Breakfast Meet held, a Breakfast Meet with with 200 top CEOs was held in the presence of Siddaramaiah,   Chief Minister of Karnataka and  D.K. Shivakumar,  Deputy Chief Minister. The meet was planned to formally announce Bengaluru Tech Summit 2025 and engage with the industry captains fro...
DG CRPF Inaugurates 304 Newly Constructed Family Quarters at GC CRPF Yelahanka, Bengaluru

DG CRPF Inaugurates 304 Newly Constructed Family Quarters at GC CRPF Yelahanka, Bengaluru

News
An interaction with "Veer Naris" and family members of martyrs of force was held to mark the occasion. *The Director General, Central Reserve Police Force (CRPF), Shri Gyanendra Pratap Singh, IPS, inaugurated a newly constructed block of 304 family quarters (Type-II) today at Group Centre, CRPF, Yelahanka, Bengaluru. This marks a significant step towards improving the living conditions and welfare of CRPF personnel and their families. The modern residential complex comprises 304 well-designed quarters, equipped with all essential amenities to provide a comfortable and secure environment. These quarters are part of CRPF's ongoing efforts to enhance infrastructure and boost the morale of the force by addressing the long-standing need for quality family accommodation. Speaking at the i...
Indian Real Estate’s financial discipline spurs credit upgrades and equity market surge; ~INR 400 Bn raised via IPOs since 2021- Colliers India

Indian Real Estate’s financial discipline spurs credit upgrades and equity market surge; ~INR 400 Bn raised via IPOs since 2021- Colliers India

News
Bank credit to the real estate sector has doubled since FY 2021; loan book at over INR 35 lakh crore at the end of FY 2025 Leading real estate companies have shown improvements in operating and net profitability margins Debt-to-equity ratio of top 50 listed real estate companies has seen a significant drop since FY 2021, signaling steady balance sheet deleveraging Credit rating upgrades in real estate are significantly higher than the number of downgrades in the post-pandemic era Real Estate continues to tap the equity market – 7 IPOs totaling to INR 76 billion in 2025 so far Bengaluru, 29th July 2025: India’s real estate sector has continued to exhibit marked improvement in terms of financial health in the post-pandemic era, outperforming other major industries in the ec...
Hyatt Celebrates Brand Entry into Estonia with the Opening of Hyatt Place Tallinn

Hyatt Celebrates Brand Entry into Estonia with the Opening of Hyatt Place Tallinn

Lifestyle, News
Hyatt Place Tallinn is the first Hyatt hotel in the country of Estonia and across the Baltic States, reflecting the company’s progress for intentional brand growth across Europe CHICAGO (August 1, 2025) – Hyatt Hotels Corporation (NYSE: H) today celebrated the opening of Hyatt Place Tallinn, marking its brand debut in Estonia and a significant milestone in the company’s continued strategic expansion across Europe. Located in the heart of Tallinn’s dynamic harbor district, just steps from the city center, Hyatt Place Tallinn is a welcoming place where guests are met with convenient amenities and experiences in a casual atmosphere, helping them balance the demands of work and life while on the road. Remarkably accessible for ferry travelers arriving from Helsinki and Stockholm, guests a...
Embassy REIT Leases Record 2.0 Million Square Feet in Q1 FY2026

Embassy REIT Leases Record 2.0 Million Square Feet in Q1 FY2026

Business & Finance, News
2.0 msf leased this quarter across 25 deals; highest-ever Q1 leasing • Chennai sees strong pre-leasing with over 500k square feet leased at Embassy Splendid TechZone • Revenue up 13% YoY to ₹1,060 crores; Net Operating Income rises 15% YoY to ₹872 crores • Raised ₹4,225 crores of debt at a blended coupon of 7.18% • Entered binding documents for divestment of ~376k square feet of two strata owned blocks at Embassy Manyata in Bengaluru Bengaluru, India, July 31, 2025 Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the first quarter ended June 30, 2025. Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said, “We are delighted to report a strong start...
Embassy REIT Appoints Amit Shetty as Chief Executive Officer

Embassy REIT Appoints Amit Shetty as Chief Executive Officer

News
Friday, Aug 01, 2025 10:08:34 -Bengaluru, Karnataka, India- Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (Embassy REIT), India’s first listed REIT and the largest office REIT in Asia by area, today announced the appointment of Amit Shetty as Chief Executive Officer, effective August 1, 2025. Amit is currently the Chief Operating Officer of Embassy REIT. He has played an instrumental role in building Embassy REIT’s business into India’s foremost commercial office enterprise. Amit joined Embassy REIT in 2021 from CBRE, where he spent 14 years. Ritwik Bhattacharjee, the current CEO, will serve as Senior Advisor to the REIT. Jitu Virwani, Chairman, Embassy Group, said, “We thank Ritwik for leading the REIT as Interim CEO, and the role he’s played in Embassy REIT’s success ove...