Thursday, April 23News That Matters

Author: FWM

₹2,000 Crore Bet on Bengaluru: SPA Group Unveils Its Bold 2026–27 Vision with Four Landmark Developments

₹2,000 Crore Bet on Bengaluru: SPA Group Unveils Its Bold 2026–27 Vision with Four Landmark Developments

Business & Finance
Bengaluru, India | 18 December 2025: SPA Group has unveiled its bold roadmap for 2026–27, announcing plans to develop four landmark residential and lifestyle projects across Bengaluru with an approximate investment of ₹2,000 crore. The move marks one of the Group’s most ambitious expansion phases and signals a strong vote of confidence in Bengaluru’s long-term growth story. Best known for shaping iconic, nature-forward communities such as Frangipani Estates and Ecocity, SPA Group is now entering a new chapter—one that blends its deep-rooted values with a sharper, more future-ready development approach. The upcoming projects reflect a clear shift toward experience-led, hospitality-inspired living designed for modern urban families. Over the next two to three years, the Group will roll out...
“IDENTIFY COMMERCIAL BUILDINGS WITH PENDING REVENUE DUES AND INITIATE SEALING ACTION AGAINST DEFAULTERS.”- Ranganath, Additional Commissioner (Revenue) , Central City Corporation.

“IDENTIFY COMMERCIAL BUILDINGS WITH PENDING REVENUE DUES AND INITIATE SEALING ACTION AGAINST DEFAULTERS.”- Ranganath, Additional Commissioner (Revenue) , Central City Corporation.

News
Bengaluru, Dec. 18:Ensure Proper and Efficient Management of GPS: RanganathA training workshop for Revenue Department staff deputed to operate the GPS system was organised today by the Bengaluru Central City Corporation at the Puttanna Chetty Town Hall Auditorium.Addressing the training workshop, Additional Commissioner (Revenue) of the Central City Corporation, Ranganath instructed Revenue Department officials to ensure accurate and efficient implementation of the GPS system. He also directed them to identify commercial buildings with pending revenue dues and to initiate sealing action against defaulters.On the occasion, Joint Commissioner Hemant Sharan, Deputy Commissioner Raju, along with Revenue Department officers and staff, were present. 
Make Comprehensive Preparations for the Pulse Polio Programme: Dr. Rajendra K. V.

Make Comprehensive Preparations for the Pulse Polio Programme: Dr. Rajendra K. V.

News
Bengaluru, December 18,2025-The Commissioner of the West City Corporation, Dr. Rajendra K. V., has instructed officials to make all necessary and comprehensive preparations to successfully implement the four-day Pulse Polio Programme in the West City Corporation limits.Addressing a meeting held today at the Malleshwaram IPP Centre to review the preparatory measures required for the Pulse Polio Programme, the Commissioner emphasized that the programme, to be conducted over four days, should be implemented smoothly and without any lapses. He directed health officials to ensure meticulous planning and execution to achieve complete coverage.As part of the Pulse Polio Immunization Programme scheduled from December 21 to December 24, the West City Corporation has set a target to admi...
Invite tenders immediately for the redevelopment of Russell Market in Shivajinagar: Maheshwar Rao.

Invite tenders immediately for the redevelopment of Russell Market in Shivajinagar: Maheshwar Rao.

Others
 Prepare a plan for developing a citizens' waterway in stormwater drains of Ulsoor Lake.Bengaluru, December 18:Chief Commissioner Maheshwar Rao directed officials to immediately invite tenders for the redevelopment of Russell Market in Shivajinagar.While inspecting various locations within the Shivajinagar Assembly Constituency under the Central City Corporation, he stated that the Detailed Project Report (DPR) for the redevelopment of Russell Market has already been completed and instructed officials to swiftly implement the project.Russell Market is a heritage structure, and it should be redeveloped by giving it a modern touch while preserving its legacy, transforming it into a vibrant, sustainable, and people-friendly market for Bengaluru. He emphasized that tra...
The Hyatt Centric Brand Debuts in Puerto Rico with Hyatt Centric San Juan Isla Verde

The Hyatt Centric Brand Debuts in Puerto Rico with Hyatt Centric San Juan Isla Verde

Architecture, News, World
Hyatt-Centric-San-Juan-Isla-Verde-SJUCT-Espresso-Lab-2-SM PHOTO CREDIT-Hyatt Hotels CorporationLobby & Espresso Lab Side View-PHOTO CREDIT: Hyatt Hotels CorporationThe renovated hotel provides the perfect home base for exploring Puerto Rico’s vibrant coastline, rich culture, and local hidden gemsCHICAGO (December 17, 2025) - Hyatt Hotels Corporation (NYSE: H), Interlink and Vivo Beach Club today announced the opening of Hyatt Centric San Juan Isla Verde, marking the first Hyatt Centric branded hotel in Puerto Rico. Located in one of Puerto Rico’s most celebrated neighborhoods, the hotel is walking distance to the award-winning Isla Verde Beach, vibrant restaurants, nightlife, and shopping, placing savvy travelers in the middle of the action. A five-minute drive from Luis ...
“CII Karnataka Infrastructure Conclave 2025: Charts the Roadmap for a Future-Ready, Sustainable and Connected Karnataka”

“CII Karnataka Infrastructure Conclave 2025: Charts the Roadmap for a Future-Ready, Sustainable and Connected Karnataka”

News
18 December 2025, Bengaluru : CII Karnataka Infrastructure Conclave 2025  ‘Building a Future-Ready Karnataka: Sustainable, Connected, and Resilient Infrastructure’ was organised today at Bengaluru. Mr Jayaprakash IPS, Deputy Commissioner of Police, Traffic North Division, Bangalore City, Government of Karnataka emphasized “Urban decongestion demands a people-centric approach. Measures such as skywalks at critical junctions can significantly ease pedestrian and traffic pressure, but long-term infrastructure planning must always prioritise human movement over mere construction. Traffic management is a shared responsibility, and with collective participation and tools like the BTP AstraM App, we can work together towards smoother and safer mobility,”“Infrastructure is the true economi...
Holcim to acquire majority stake in Cementos Pacasmayo

Holcim to acquire majority stake in Cementos Pacasmayo

Business & Finance, World
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...
BHIVE Set to Close ₹400 Crore Pre-IPO Fundraise to Accelerate Expansion and IPO Journey

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...
Saksham-2025

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

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...