Tuesday, August 25News That Matters

Author: FWM

Aug242026 by FWMNo Comments
Century-Old Kalyan Silks Expands Bengaluru Footprint With 39th Global Showroom.

Century-Old Kalyan Silks Expands Bengaluru Footprint With 39th Global Showroom.

Architecture, LIFE & ARTS, Lifestyle, News
Kalyan Silks' new showroom opened in Malleshwaram, Bengaluru(Aug 17)BENGALURU-Kalyan Silks, one of the world’s leading networks of silk saree showrooms with a legacy of over a century, has expanded its presence in Karnataka with the grand opening of its new showroom in Malleshwaram. This outlet marks Kalyan Silks' 3rd showroom in Bengaluru and its 39th showroom globally. The inauguration of this modern shopping complex took place on Monday, August 17, 2026, at 11:30 AM. Ms. Shobha Karandlaje, Minister of State for Labour and Employment and Micro, Small and Medium Enterprises, inaugurated the outlet. The chief guest, Dr. Ashwath Narayan C N, former Deputy Chief Minister of Karnataka and MLA of Malleswaram Constituency, inaugurated the second floor, dedi...
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Aug222026 by FWMNo Comments
Karnataka Eyes ₹10K Cr CSR Surge; CM Urges IT Giants to Adopt and Brand 2,000 Rural Schools

Karnataka Eyes ₹10K Cr CSR Surge; CM Urges IT Giants to Adopt and Brand 2,000 Rural Schools

News
BENGALURU — The Karnataka government is pitching a new, zero-bureaucracy public-private partnership model to major technology companies, aiming to unlock the state’s underutilized ₹10,000 crore Corporate Social Responsibility (CSR) potential. Speaking at the 'Vision 2030 – CSR Conference' hosted by the Greater Bangalore IT Companies and Industries Association (G-BITCIA), Chief Minister DK Shivakumar invited corporations to directly build, fund, and brand 2,000 rural government schools."It is essential for businesses to join hands through CSR funds to provide the best education and technological awareness to children in the rural areas of the state at the primary level," Chief Minister DK Shivakumar called.Shivakumar was speaking at the 'Vision 2030 – CSR Conference-2026' of the Gr...
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Aug222026 by FWMNo Comments
Aludecor Launches Weather-Responsive Intelligent Louvers with Global Remote Access

Aludecor Launches Weather-Responsive Intelligent Louvers with Global Remote Access

Architecture, News
Friday, Aug 21, 2026 16:42:21New intelligent façade system responds to sun, rain and wind conditions while enabling remote monitoring and multi-platform controlNational, 21st August 2026: As buildings increasingly rely on large, glazed façades, managing heat gain, glare and indoor comfort has become an important consideration in modern building design. Addressing this need, Aludecor, one of India’s leading aluminium composite panel and façade product manufacturers, has unveiled Alubreeze Intelligent Louvers, India’s first indigenously developed intelligent louver system designed to be controlled from anywhere in the world and even to make building façades responsive to changing environmental conditions.Alubreeze Intelligent Louvers can sense, respond and adjust. The motorised m...
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Aug222026 by FWMNo Comments
PVR INOX to Open 25,000-Sq.-Ft. Multiscreen Multiplex at Bhumika Realty’s The Icon in Faridabad.

PVR INOX to Open 25,000-Sq.-Ft. Multiscreen Multiplex at Bhumika Realty’s The Icon in Faridabad.

Architecture, News
Delhi NCR, IndiaBhumika Realty, the real estate arm of Bhumika Group, today announced a partnership with PVR INOX Limited for a 25,000 sq. ft. multiscreen multiplex at The Icon, its mixed-use development on Delhi-Mathura Road in Sector 27A, Faridabad. The agreement marks the second association between the two companies, following PVR INOX’s presence at Urban Square, Udaipur. The repeat partnership comes as Bhumika Realty expands its portfolio of mixed-use and retail developments across high-growth markets.Partnership marks PVR INOX’s second association with Bhumika Realty following Urban Square, UdaipurPHOTO CREDIT-Bhumika GroupAt The Icon, PVR INOX will occupy approximately 25,000 sq. ft. across the second and third floors. The multiplex is planned to commen...
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Aug212026 by FWMNo Comments
Holcim to acquire Fermacell.

Holcim to acquire Fermacell.

Business & Finance, News, World
Zug | 20 August 2026-Established European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million Premium brands fermacell® and Aestuver® expanding Holcim’s high-value Building Solutions Run-rate EBITDA synergies of around EUR 22 million to be realized in year three A milestone in Holcim's NextGen Growth 2030 strategy shaping the future of sustainable constructionHolcim has entered into an agreement to acquire Fermacell from James Hardie Industries plc. Fermacell is an established European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million. It is a leader in high-performance fibre gypsum and cement-bonded boards, and home to premium sustainable brands such as ferm...
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Aug202026 by FWMNo Comments
Indian REITs continues to remain resilient, backed by long-term leases, stable rental income and diversified tenants: CareEdge Ratings

Indian REITs continues to remain resilient, backed by long-term leases, stable rental income and diversified tenants: CareEdge Ratings

News
Believes India’s REIT sector has substantial room to grow, with over 150 msf of office space expected to become REIT-eligible by CY2031 GCCs driving office leasing demand notes CareEdge Ratings Occupancy trends across India's listed office REITs exceeded 90% with average occupancy climbing steadily from ~ 84% in FY24 to 89% in FY25, to about 92% in FY26Mumbai, 20th August 2026: According to CareEdge Ratings, Indian REITs have remained resilient despite the ongoing geopolitical crisis, supported by long-term lease contracts, contracted rental income and a diversified tenant portfolio.As of May 2026, the six listed REITs have a combined GAV of ~Rs 3.13 lakh crore and a market capitalisation of more than Rs 2.00 lakh crore. Combined debt level increased to Rs 68,000 crore, l...
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Aug182026 by FWMNo Comments
Waste to Woods: Raichur Reclaims 22 Acres with Miyawaki Transformation .

Waste to Woods: Raichur Reclaims 22 Acres with Miyawaki Transformation .

Architecture, News
18 AUG 2026 2:40PM by PIB DelhiRaichur in Karnataka, has transformed the 35-acre Yakalaspura dumpsite into a green asset through scientific legacy waste remediation under the Swachh Bharat Mission-Urban 2.0 (SBM-U 2.0). ~ 62,252 MT of waste has been processed and nearly 22 acres of valuable urban land, has been reclaimed so far. The restored site now supports sustainable land use, including a vibrant Miyawaki forest, demonstrating how former dumpsites can be converted into thriving ecological spaces.Under the SBM–U 2.0, cities across India are undertaking the transformation of legacy dumpsites into productive and environmentally sustainable spaces. In Raichur, Karnataka, this vision has been realized through the successful remediation of the Yakalaspura dumpsite, once a symbol ...
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Aug182026 by FWMNo Comments
Prime Office Rents Rise Across India’s Gateway Markets; Bengaluru Among APAC’s Top Performers: Knight Frank APAC Prime Office Rental Index

Prime Office Rents Rise Across India’s Gateway Markets; Bengaluru Among APAC’s Top Performers: Knight Frank APAC Prime Office Rental Index

News
Bengaluru records highest rental growth at 10.7% YoY among Indian office marketsFlex operators account for over 30% of leasing across Bengaluru, Delhi-NCR, Mumbai Prime office vacancies remain stable despite over 7 mn sq ft new completionsMumbai, August 17, 2026: Knight Frank, in its latest edition of the Asia-Pacific Office Highlights – Q2 2026, reported that India's leading office markets continued to record healthy occupier demand in Q2 2026, with Bengaluru, Mumbai and Delhi-NCR collectively leasing 9.8 mn sq ft of office space. While leasing moderated from the exceptionally high levels seen in 2025, demand remained robust, supported by stable vacancy levels despite more than 7 mn sq ft of new office completions during the quarter.Prime office rents continued to stren...
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Aug182026 by FWMNo Comments
India’s senior living market likely to exceed INR 1 trillion by 2030, almost 4X times current levels: Colliers

India’s senior living market likely to exceed INR 1 trillion by 2030, almost 4X times current levels: Colliers

News
Demand for senior housing to reach ~30 lakhs units by 2030, driven by evolving demographic shiftsOrganized supply can potentially increase from around 25,000 units currently to 1 lakh units by 2030 Penetration rate in the segment to rise from above 1% currently to ~4% in next 3-4 years Leading real estate developers & investors to deploy more than INR 130 billion for senior living projects in next 3-4 years 30-40% of the anticipated new project launches are likely to be in Tier II/III cities & spiritual hubsNew Delhi, 18 August 2026: India’s senior living market has emerged as one of the most promising alternative real estate asset classes in the country supported by growing demand for age-focused housing and increasing participation from developers, healthcare o...
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Aug172026 by FWMNo Comments
Piqué-Backed FYERS American Gambits To Anchor Global Chess League 2026 In Bengaluru.

Piqué-Backed FYERS American Gambits To Anchor Global Chess League 2026 In Bengaluru.

LIFE & ARTS, News
Appointment reinforces franchise’s global ambitions, as chess continues evolution into globally scalable, commercially compelling and culturally influential sportFYERS American Gambits set to compete at Global Chess League 2026 in Bengaluru in September with roster of Indian and international stars including Javokhir Sindarov, Nihal Sarin and Daniil DubovBengaluru, 17 August 2026:FYERS American Gambits, one of the leading franchises in the Global Chess League, has announced that football icon and entrepreneur Gerard Piqué has joined the franchise as a strategic shareholder, reflecting the organisation's long-term ambition to contribute to the continued global growth of chess.A FIFA World Cup winner with Spain and one of the most decorated players of his generation, Piqué b...
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