Friday, June 14News That Matters

Author: FWM

Payment of property tax; OTS allowed only till July 31: DCM D.K. Shivakumar

Payment of property tax; OTS allowed only till July 31: DCM D.K. Shivakumar

News
Bangalore, Jr. 11 "One time settlement (OTS) facility given by Bengaluru Mahanagara Corporation for non-payment of property tax will be available only till July 31. Therefore, tax arrears should make use of this opportunity before the last date," said DCM D.K. Shivakumar said. "The corporation did not put pressure on the issue of tax payment because the elections were going on. The one-time settlement opportunity given by the Corporation to come under the tax ambit for non-payers of property tax will be finalized on July 31. None of this opportunity It does not expand because of that. In this opportunity, 50% exemption has been given on the penalty and 100% interest waiver has also been given. Act implemented by BJP government in haste. Our government is trying to fix this. Citi...
Avik Das Cracks India’s Toughest Entrance Exams JEE-Advanced and NEET-UG 2024 in First Go, Studying Online with ALLEN Digital-Avik secured: All India Rank (AIR) 69 in the JEE-Advanced with 307/360, 705/720 in NEET-UG, and AIR 7 in the West Bengal Joint Entrance Exam (WBJEE) and topped the West Bengal State Board with a stellar 99.2%

Avik Das Cracks India’s Toughest Entrance Exams JEE-Advanced and NEET-UG 2024 in First Go, Studying Online with ALLEN Digital-Avik secured: All India Rank (AIR) 69 in the JEE-Advanced with 307/360, 705/720 in NEET-UG, and AIR 7 in the West Bengal Joint Entrance Exam (WBJEE) and topped the West Bengal State Board with a stellar 99.2%

News, Technology
Bangalore, 12th June 2024: ALLEN Digital announces the outstanding accomplishments of its Online Program student Avik Das, who has secured All India Rank (AIR) 69 in the JEE (Advanced) examination with an impressive score of 307/360. Avik's achievements extend beyond this–he scored an exceptional 705/720 in NEET-UG and topped the West Bengal State Board with a stellar 99.2% score. Additionally, he stood 7th in the West Bengal Joint Entrance Exam (WBJEE). Hailing from Alipurduar, West Bengal, Avik attributes his success to the top-notch faculty, high-quality content and personalised guidance provided by ALLEN Online Programs. “I chose to prepare for these competitive exams online because I wanted to stay close to my family and have their support throughout this journey. The guid...
Landmark Group: Creating Realty Landmarks While Creating Value for End-users & Stakeholders

Landmark Group: Creating Realty Landmarks While Creating Value for End-users & Stakeholders

Business & Finance
Gurugram, Haryana, India Jun 10, 2024 16:53 IST Landmark Group, a real estate developer known for creating landmark structures, has made a name that has emerged as a synonym of trust and innovation. Established in 1992 by Sandeep Chhillar, the Landmark Group started as an IT company. Soon, the company, witnessing the rapidly transforming NCR's realty landscape, ventured into this field and did not look back. As the company constructed one project after another and expanded its footprint in Gurgaon, Faridabad, and Dharuhera micro-markets, the emergence of construction quality and customer's first approach was acknowledged by the end users. At present, Landmark's diverse real estate portfolio includes townships, villa complexes, group housing, and mixed-use retail spaces like Landmark...
Builder.ai Strengthens Leadership with Craig Saunders from Amazon as New Vice President of Artificial Intelligence

Builder.ai Strengthens Leadership with Craig Saunders from Amazon as New Vice President of Artificial Intelligence

News
London, United Kingdom: Tuesday, June 11, 2024 4:56PM IST (11:26AM GMT) Builder.ai, the AI-powered composable software platform that allows every business and entrepreneur to become digitally powered, is excited to announce the appointment of Craig Saunders as Vice President of Artificial Intelligence. Craig Saunders, a powerhouse in the AI industry, joins Builder.ai from Amazon, where he spent seven transformative years within the Artificial General Intelligence (AGI) organisation. During his tenure at Amazon, Craig made a significant impact by pioneering technologies for Alexa. He led research and engineering teams building foundational Knowledge Graphs for General Q&A on Alexa, established partnerships with leading universities, and his teams launched challenges within the aca...
Cushman & Wakefield Recognised as Leading Commercial Real Estate Firm at Asia Pacific Property Awards 2024

Cushman & Wakefield Recognised as Leading Commercial Real Estate Firm at Asia Pacific Property Awards 2024

Business & Finance
Tuesday, June 11, 2024 1:53PM IST (8:23AM Gurugram, Haryana, India:  Cushman & Wakefield, one of the largest and the fastest growing real estate services firm in India, has been awarded two prestigious accolades at the Asia Pacific Property Awards 2024. This marks the fourth time and the third consecutive year that the company has been recognised for its expertise and leadership in India’s commercial real estate sector. Best Property Agency/Consultancy India – Five Star Award Real Estate Agency Single Office – Bengaluru – Award Winner Commenting on the wins, Mr. Anshul Jain, Chief Executive, India & SE Asia & APAC Tenant Representation, Cushman & Wakefield, said, "We are honoured to be recognized as the Best Property Consultancy in India at the Asia P...
Blackstone Completes Acquisition of Tropical Smoothie Cafe

Blackstone Completes Acquisition of Tropical Smoothie Cafe

Business & Finance
Atlanta, GA and New York, NY – June 10, 2024 – Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have completed the acquisition of Tropical Smoothie Cafe, a leading franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. This marks the first transaction in Blackstone’s most recent vintage of its flagship private equity vehicle. “Tropical Smoothie Cafe is a nationally recognized brand with an impressive growth trajectory underpinned by a base of loyal franchisees and guests,” said Peter Wallace, a Senior Managing Director, and Michael Staub, a Managing Director, in Blackstone’s Private Equity business. “With Blackstone’s capital and resources, we look forward to accelerating the Company’s continued expansion across ...
Axis Bank organizes cleanliness drive at Nandi Hills in Bangalore

Axis Bank organizes cleanliness drive at Nandi Hills in Bangalore

News
Bangalore, June 10, 2024: To mark World Environment Day 2024, Axis Bank, one of the largest private sector banks in India, organized ‘Open for the Planet Clean-A-Thon’- a cleanliness drive at Nandi Hills in Bangalore. More than 111+ volunteers including the Bank’s branch employees, local communities, environmental activists/influencers, local authorities participated in this initiative and collected 106 kg of waste from the tourist site. The volunteers also educated the local people about the importance of environmental sustainability and cleanliness. The Bank’s ‘Open for the Planet’ Clean-a-thon campaign will run from 5th - 12th June, covering 20+ high-footfall tourist destinations across India, including cities such as Mumbai, Pune, Varanasi, New Delhi, Guwahati, Vishakhapatnam, and H...
Puravankara Among Top 4 Real Estate Developers in Adopting Best Practices: BrandXReport 2023-24

Puravankara Among Top 4 Real Estate Developers in Adopting Best Practices: BrandXReport 2023-24

Business & Finance
Bengaluru, Karnataka, India: Friday, June 7, 2024 12:48PM IST (7:18AM GMT Puravankara Limited, one of India’s most trusted and admired real estate developers, has been ranked among the Top 4 real estate companies across India for adopting best practices in the business. Ranked among the Top 5 National Real Estate Brand, Puravankara’s commitment to best practices has been acknowledged with ten well-defined parameters, like Fiscal Management, Execution Standards, Market Depth Consumer Connect: Transparent Deals, Functional Professionalism; Care for Society & Environment Employer; Communication Openness; and Desirable Practices that far exceed the prevailing standard practices. The company has maintained its 5th Rank with an improved brand score in terms of the overall Brand Ranki...
Investments in developmental assets set to surge as India marches towards USD 5 Trillion economy

Investments in developmental assets set to surge as India marches towards USD 5 Trillion economy

Business & Finance, News
India amongst the top five global cross-border capital destinations for land and development site investments in Q1 2024 With 67% share, foreign investors infused USD 3.6 Bn in 2023; Around 55% of real estate inflows came from foreign investors in Q1 2024 About 73% of the foreign investments during Q1 2024 were in ready assets Mumbai, 7th June, 2024  – Four of the top five global cross-border capital destinations for land and development site investments in the first quarter of 2024 were in Asia Pacific, according to a new report from Colliers. The report, Asia Pacific Global Capital Flows May 2024, listed China, Singapore, Australia and India within the top five destinations globally for cross-border capital investment in land/development sites in Q1 2024. In India, the inst...
 “Karnataka is witnessing remarkable growth in IT, BT, commerce, and industries”-Mr. Selvakumar., Principal Secretary, Commerce and Industries, GoK

 “Karnataka is witnessing remarkable growth in IT, BT, commerce, and industries”-Mr. Selvakumar., Principal Secretary, Commerce and Industries, GoK

Business & Finance, News, Technology
Bengaluru, India 7 June 2024: Bangalore, June 7, 2024: Electronics City Industrial Association (ELCIA) is excited to announce the curtain raiser event for the much awaited ELCIA Tech Summit. This prestigious event sets the stage for an array of discussions, innovations and demonstrations from the tech industry. Curtain-raiser of ELCIA Tech Summit, 2024 was  held today at Shangri La, Vasanth Nagar, Bengaluru. The ELCIA Tech Summit 2024 is set to be a unique platform curated to explore disruptive technologies, policy frameworks, and growth opportunities across industries. Designed to be more than a traditional exposition, it is a dynamic confluence of ideas and innovations aimed at igniting transformative change. With the involvement of respected industry partners including IESA (...