Author: FWM

Dec172025 by FWMNo Comments

Holcim to acquire majority stake in Cementos Pacasmayo

Acquiring leading building materials producer in Peru to accelerate profitable growth Strengthens Holcim’s presence in very profitable region of Latin America, with projected 2025 net sales of USD 630m and EBITDA margin of 28% Strategic value-accretive acquisition expected to deliver run-rate EBITDA synergies of around USD 40m in year three, EPS accretive in year one Acquisition is fully in line with Holcim's NextGen Growth 2030 strategy and a milestone in expansion of Latin America Zug | 16 December 2025Holcim is acquiring a majority stake in Cementos Pacasmayo, a leading Peruvian producer of building materials with projected 2025 net sales of USD 630 million and an EBITDA margin of 28%. The synergistic acquisition will expand Holcim’s presence in the country and accelerat...

Dec172025 by FWMNo Comments

BHIVE Set to Close ₹400 Crore Pre-IPO Fundraise to Accelerate Expansion and IPO Journey

Business & Finance

Bengaluru, India| 16th December 2025 – BHIVE Workspace, Bengaluru’s largest coworking operator, is in advanced stages of raising up to ₹400 crore as part of its ongoing pre-IPO funding round, strengthening its balance sheet and supporting the next phase of national expansion.The fundraise comprises a significant debt component from a consortium of lenders, along with an equity infusion of approximately ₹100 crore that is in advanced stages of closure. The equity round has seen strong interest from high-net-worth individuals (HNIs), family offices, and several existing investors. This pre-IPO round represents a key milestone as BHIVE progresses toward its targeted IPO in 2027.Shesh Rao Paplikar, Founder and CEO of BHIVE Workspace, said, “Bengaluru is India’s largest and most competi...

Dec172025 by FWMNo Comments

Saksham-2025

LIFE & ARTS

https://www.youtube.com/shorts/I1novAzITEk?feature=shareThe one day, knowledge led initiative drew over 100 participants Addressed real-world challenges across hospitality operations Brought together Chefs, Hotel Engineers and FBOsBengaluru, 17 December, 2025: Elanpro, India’s leading commercial refrigeration company, today hosted Saksham, a first-of-its-kind seminar in Bengaluru aimed at fostering responsible practices across the hospitality sector. The event was inaugurated in the presence of Mr. Pawan Agarwal, Former CEO, FSSAI; Mr Sathyananda B, President-Supply Chain, Cafe Coffee Day; Mr. Subramanya Holla, President, Bruhat Bengaluru Hotel Association; representatives from M.S. Ramaiah College and Mr. Ranjan Jain, MD, Elanpro. The initiative is organised in colla...

Dec162025 by FWMNo Comments

Koffelo Launches NOC, A Cold Brew Shot That Delivers Café-Style Coffee in 5 Seconds.

LIFE & ARTS, Lifestyle, News

Tuesday, Dec 16, 2025 17:12:06New Delhi [India], December 16: Koffelo, a new-age Indian coffee brand focused on innovation and convenience, has announced the launch of NOC (Nitrogen Over Coffee) — a cold brew shot that prepares café-level cold brew in just five seconds, eliminating the traditional 24-hour brewing process.Cold brew coffee, known for its smooth taste, low acidity, and clean energy release, has been gaining popularity among Indian consumers. However, the long brewing time and need for equipment have limited its everyday adoption. With NOC, Koffelo aims to bridge this gap by offering a compact 20 ml, 2.4x concentrated cold brew shot that instantly transforms into smooth cold brew when mixed with water or milk.Each NOC shot delivers 2.4 times more natural caffei...

Dec162025 by FWMNo Comments

Formation of Coordination Committee for Timely Redressal of Public Grievances: D.S. Ramesh

News

Bengaluru, Dec. 16:In accordance with the directions of the Chief Commissioner, Greater Bengaluru Authority, a Coordination Committee comprising officials from all concerned departments has been constituted under the leadership of the Joint Commissioners within the limits of the Bengaluru East City Corporation. East City Corporation Commissioner D.S. Ramesh convened a meeting with officials to review the functioning of the committee and issued necessary directions. He stated that the committee will play a crucial role in ensuring swift, transparent, and effective resolution of public grievances.Formation of the Committee:The Joint Commissioners of the zones will serve as the Chairpersons of the committee, while the Deputy Commissioners of the zones will act as Member Secretarie...

Dec162025 by FWMNo Comments

Instructions Issued to Allot Shops at Palike Bazaar Through e-Auction: Maheshwar Rao

News

Bengaluru, December 16:The Chief Commissioner, Maheshwar Rao, instructed officials to allot shops at the Palike Bazaar in Vijayanagar through an e-auction process in accordance with prescribed rules.Speaking during an inspection of various locations under the GBA jurisdiction today, the Chief Commissioner stated that 79 shops will be available in the air-conditioned Palike Bazaar, and directed officials to immediately initiate the e-auction process and ensure transparent allotment as per norms.He also instructed officials to strictly regulate unauthorized commercial activities around the Palike Bazaar and directed that a separate Revenue Officer be appointed exclusively for monitoring the premises.Construction of New Building at Srirampuram Maternity Hospital:The ...

Dec162025 by FWMNo Comments

JSW Paints Completes the Acquisition Process of Akzo Nobel India

News

JSW Paints Limited today acquired a majority stake of 60.76% in Akzo Nobel India Limited (“ANIL”) from Akzo Nobel N.V. and its affiliates. JSW Paints had already acquired 0.44% stake from the public shareholders of ANIL upon successful completion of an open offer and its stake now stands at 61.2% post today’s acquisition. JSW Paints is India’s fastest growing paints company and a part of the US$ 23 billion JSW Group, India’s leading conglomerate with diverse interests across a range of B2B and B2C sectors including steel, cement, energy, infrastructure, automotive and paints. ANIL is one of India’s leading decorative and industrial paints players and was a part of Akzo Nobel, a global leader in decorative paints and industrial coatings headquartered in the Netherlands. This transaction ...

Dec152025 by FWMNo Comments

ABHFL Expands Access to Affordable Homeownership with Pragati Home Loan

Others

Monday, Dec 15, 2025 17:12:08Mumbai, Maharashtra, India (NewsVoir) Pragati Home Loan by Aditya Birla Housing Finance Limited (ABHFL) underscores the brand’s commitment to financial inclusion and accessible homeownership. Tailored for both salaried and self-employed customers—including those without formal income proof—the product offers enhanced flexibility across eligibility, documentation, and property categories. With minimal paperwork, seamless digital onboarding, and repayment tenures of up to 30 years, Pragati Home Loan makes owning a home both affordable and sustainable, aligning with India’s vision for inclusive and equitable urban development. Key Benefits • Loan amount: From 5 Lakhs to 1.5 Crore • Tenure flexibility: Up to 30 years, to ensure smaller/flexible EMI...

Dec152025 by FWMNo Comments

Where Adventure Earns Rewards: World of Hyatt Members Can Now Book Authentic Luxury Safaris with Asilia Africa

Lifestyle, News

As part of Mr & Mrs Smith’s participation in World of Hyatt, members can be more immersed in East Africa’s diverse wildlife through stays at Asilia Africa’s safari camps, where they can earn and redeem loyalty points to make every adventure even more rewarding.CHICAGO (December 9, 2025) – Hyatt Hotels Corporation (NYSE: H) today announced World of Hyatt members can discover 15 luxury safari escapes across East Africa with Asilia Africa on Hyatt’s booking channels through Mr & Mrs Smith. This will offer members access to some of the region’s most iconic landscapes from safari camps that contribute to community-led conservation efforts across Kenya, Tanzania and Uganda.“Asilia has shaped what luxury safari travel looks like, blending thoughtful design, warm, genuine hospit...

Dec142025 by FWMNo Comments

Project Walkaluru – 6th Footpath Walk in Yelahanka under North City Corporation limits receives widespread appreciation for its green, obstacle-free pedestrian pathways

News

Bengaluru, Dec. 13Project Walkaluru – 6th Footpath Walk in Yelahanka under North City Corporation limits receives widespread appreciation for its green, obstacle-free pedestrian pathwaysThe 6th Footpath Walk under Project Walkaluru was successfully conducted today in Yelahanka, jointly organised by The Ugly Indian, active citizen groups, and officials of the Bengaluru North City Corporation.More than 100 people participated — including the Hon’ble MLA of Yelahanka Assembly Constituency, the Commissioner of Bengaluru North City Corporation, Joint Commissioners, corporation officers and staff, local residents, and pedestrian enthusiasts of all age groups from across the city. Participants actively walked 10 km entirely on footpaths.The walk was flagged off by the Hon’ble MLA ...