Saturday, June 20News That Matters

Author: FWM

Unveiling Suryadev’s Fe550D CRS TMT Bars, Forged to Conquer Corrosion

Unveiling Suryadev’s Fe550D CRS TMT Bars, Forged to Conquer Corrosion

News, Technology
Bengaluru, 14 May 2024Suryadev Alloys and Power, a key player in the Indian steel industry and a leading player in Tamil Nadu, has launched Fe550D CRS TMT bars that offer unparalleled anti-corrosion properties. Suryadev Fe550D CRS TMT bars are meticulously crafted from high-quality iron ore and are enhanced with a robust blend of copper, chromium, and nickel.From the relentless assault of salt-laden sea air in coastal cities to the harsh reality of industrial pollutants in inland regions, the diverse climates of India present a formidable challenge to steel: corrosion. This issue poses a significant concern nationwide and is estimated to cost the Indian economy 3-4% of its GDP annually. Research indicates that the rate of corrosion in coastal areas may be up to four times greater t...
Occupiers across major markets in India willing to pay higher rentals for quality office supply

Occupiers across major markets in India willing to pay higher rentals for quality office supply

Business & Finance, News
Ø  Superior quality new office spaces command up to 20% higher rental premium over average quoted rentals in select premium micro marketsØ  GCCs drive India office space demand, with 37% share in overall leasing activity of Q1 2024INDIA, 9th May 2024  – Despite a cost-conscious mindset, occupiers across the Asia Pacific region are willing to pay higher rentals for superior quality offices, particularly in locations which facilitate talent acquisition, according to Colliers’ latest edition of Expert Insights | Asia Pacific Office Markets April 2024.  The report highlights the rising priority of APAC business leaders across industries to optimise resources, maximise savings and drive growth as they navigate a dynamic business landscape in 2024.India's top office markets too have ...
Indian senior living market has the potential to grow 5x times from current levels to touch ~USD 12 billion by 2030

Indian senior living market has the potential to grow 5x times from current levels to touch ~USD 12 billion by 2030

Home Improvement, News
Market size can grow significantly from the current levels of USD 2-3 bn to ~USD 12 billion by 2030Demographic shifts in India to create favourable demand dynamics for senior housing Low penetration of organised private players create significant demand supply gapGurgaon, 13th May 2024  – The median age of the country is likely to gradually increase from about 29 to 38 by 2050. Similarly, the proportion of aged people (above 60 years) is likely to increase from about 11% in 2024 to 21% in 2050. At the global level, over the next three decades (by 2050), of the 2.1 billion people above 60 years, India would account for a 17% share indicating a significant demand growth for senior care including housing in the country.[1]Trends in India’s population  India   USA ...
Beurer India sets aggressive growth plans, introduces Sourav Ganguly as brand face

Beurer India sets aggressive growth plans, introduces Sourav Ganguly as brand face

News
Bangalore 11May 2024: In a strategic move to enhance its footprint in the Indian home health and wellness sector, Beurer India Pvt. Ltd. today announced its ambitious expansion plans and unveiled cricket legend Sourav Ganguly as its new Brand Ambassador. The company also announced that they would be launching Blood Glucose Monitor Device which would be Made in India and would aim at transforming diabetes management in the country.
RAK Ceramics Announces Q1 2024 Financial Results

RAK Ceramics Announces Q1 2024 Financial Results

Architecture, Business & Finance, Home Improvement, Lifestyle, News
May 2024 Group revenue: Experienced a decline of 11.4% to AED 781.6 million in Q1 2024, owing to ongoing geopolitical challenges and market conditions in core markets except the UAE market.  Gross profit margin: Robust improvement of 70bps year-on-year to reach 39.3% for Q1 2024, on account of production efficiencies, lower gas prices in the UAE and improved sales of premium and differentiated products.  EBITDA performance: Year-on-year decrease of 3.9% in Q1 2024 to reach AED 151.0 million, accompanied by notable margin growth of 150bps at 19.3%.  Net profit after tax: Q1 2024 net profit decreased 21.5% year-on-year to reach AED 62.9 million, with net profit margin decreasing to 8.0% compared to 9.1% in Q1 2023.  Financial health: Net debt decreased by AED 54.3 million in Marc...
RAK Ceramics Unveils Cutting-Edge, 8500-square-feet Experience Centre in Bengaluru

RAK Ceramics Unveils Cutting-Edge, 8500-square-feet Experience Centre in Bengaluru

Architecture, Home Improvement, Lifestyle, News
Bengaluru, 10th May 2024 :RAK Ceramics, a global leader in ceramics, has unveiled its cutting-edge, spacious 8500-square-feet Experience Centre in Bengaluru, which makes it one of the biggest spaces in Karnataka. This unique space, inaugurated by Anil K Beejawat, CEO of RAK Ceramics India, is not just a showroom but a hub of innovation and inspiration. It redefines how customers interact with premium design solutions, offering a truly immersive experience.The Experience Centre is a complete tile lifestyle center and a testament to RAK Ceramics' unwavering commitment to innovation and quality craftsmanship. It follows the aesthetic look and guidelines of international standards and proudly showcases RAK's flagship offering, Luce, a translucent tile masterpiece meticulously craft...
THE LEELA PALACES, HOTELS AND RESORTS WELCOMES HIS HIGHNESS MAHARAJA SAWAI PADMANABH SINGH OF JAIPUR AS AN ICON OF INDIA BY THE LEELA

THE LEELA PALACES, HOTELS AND RESORTS WELCOMES HIS HIGHNESS MAHARAJA SAWAI PADMANABH SINGH OF JAIPUR AS AN ICON OF INDIA BY THE LEELA

Architecture, Home Improvement, Lifestyle, News
MUMBAI, India, May 10, 2024 /PRNewswire/ -- The Leela Palaces, Hotels and Resorts welcomed His Highness Maharaja Sawai Padmanabh Singh of Jaipur, the head of the royal family of the erstwhile Jaipur State, and a globally acclaimed Indian polo player, as the newest Icon of India by The Leela.His Highness Maharaja Sawai Padmanabh Singh of Jaipur, an Icon of India by The LeelaIcons of India by The Leela is a unique initiative aimed at recognizing and nurturing the essence of India and the richness within through a celebration of India's finest who are the world's best. His Highness joins an esteemed list of Indians who have excelled in their fields and placed India on a global map. This includes sarod virtuosos Amaan Ali Bangash and Ayaan Ali Bangash, Nobel Peace Lau...
TTK Prestige Marks 75 Years of Prestige Pressure Cooker with Heartwarming Campaign “Celebrating 75 Saalon Ka Pyaar”

TTK Prestige Marks 75 Years of Prestige Pressure Cooker with Heartwarming Campaign “Celebrating 75 Saalon Ka Pyaar”

Home Improvement, Lifestyle, News
https://youtu.be/04aqTBSYmkcNational, May 2024 - TTK Prestige, a pioneer in kitchen appliances, celebrates a remarkable milestone as it completes 75 years of its iconic Prestige Pressure Cooker. To commemorate this significant moment in the company's history, the brand has launched a heartwarming television commercial titled "Celebrating 75 Saalon Ka Pyaar." Through this TVC, the brand aims to highlight the legacy of the Prestige Pressure Cooker in Indian households, encapsulating 75 years of love, trust and the symbol of keeping family traditions alive.The TVC takes viewers on an emotional journey with a family as each member instinctively and coincidentally decides to prepare their grandmother's traditional and beloved Biryani recipe for her birthday. As different family members ...

“At BNR LUXURE, we believe that every piece of jewellery is a testament to the artistry and craftsmanship of our skilled artisans”-Rohith Charan Reddy Bapireddy, Founder – the House of BNR Gold & Diamonds 

Lifestyle, News
 PHOTOS BY P K ANANTH KUMARBengaluru, May 10, 2024: The House of BNR Gold and Diamonds today announced the grand launch of BNR LUXURE, a haven of sophistication and style nestled in the heart of Jayanagar, Bengaluru. As we celebrate the auspicious occasion of Akshay Tritiya, BNR LUXURE invites jewellery connoisseurs and enthusiasts to embark on a journey of timeless elegance and exquisite craftsmanship.   The grand launch ceremony of BNR LUXURE was graced by the esteemed presence of the Honourable Chief Guest, Sri Rajaguru B. S. Dwarakanath, Bharathi Theertha Seva Prathistana, Ramalinga Reddy Garu, Cabinet Minister for Transport and Muzrai Department, Government of Karnataka, C. K. Ramamurthy Gaur, MLA Jayanagar, D. Kupendra Reddy Garu, Rajyasabha MP (Ex), T. A. Sharvana ...
Goyaz: India’s Largest ‘Luxury Silver Jewellery Brand’ now in Namma Bengaluru, inaugurated by actress Ashika Ranganath

Goyaz: India’s Largest ‘Luxury Silver Jewellery Brand’ now in Namma Bengaluru, inaugurated by actress Ashika Ranganath

Home Improvement, Lifestyle, News
BANGALORE INDIAGoyaz has been redefining the silver jewellery category and is rapidly expanding across the two states. Its first outlet in Bengaluru at Jayanagar was inaugurated by  actress Ashika RanganathGoyaz has lined up some amazing limited Period Akshaya Tritiya & Inaugural offers for you: On a purchase of Rs 30,000 get half a gram GOLD free, on a purchase of Rs 60,000 get 1 gram GOLD free, on a purchase of Rs 1,00,000 get 2 grams GOLD free.At Goyaz, silver jewellery is 92.5 hallmarked and 22K Gold Plated and you can choose from more than 50,000 designs with a unique Return Value of 55% (You can exchange it for a Lifetime). What's more, to make it convenient for you, we have a Video Calling facility to allow you to shop from any place with a Free Pan India delivery a...