Author: FWM

Jul152024 by FWMNo Comments

Hisense Group President Presents Strategic Roadmap for Company’s Future Success

QINGDAO, China, July 14, 2024 /PRNewswire/ -- Hisense, a global leader in home appliances and consumer electronics, today unveiled its ambitious growth plans at its Partner Conference in Berlin, held just ahead of the EURO 2024™ finals. Fisher Yu, Hisense Group President, delivered a keynote address titled "Beyond Champion, Beyond Glory" outlining strategic upgrades focused on brand elevation, scenario-driven products and services, industrial structure optimization, and a commitment to further global expansion.Hisense introduced multi-brand strategyFisher Yu, President of Hisense Group, delivered the keynote address titled "Beyond Champion, Beyond Glory"Hisense strategic upgrades in brand, scenarios, industrial structure and globalizationMarking its thir...

Jul152024 by FWMNo Comments

Q2 2024: Received the Highest Institutional Investments in a Quarter Post-Pandemic, Dominated by Foreign Investors – Vestian

Business & Finance, News

New Delhi, 13th July 2024: The second quarter of 2024 witnessed institutional investments of USD 3.1 Bn, registering a sharp increase of 96% over the same quarter a year ago and 464% over the previous quarter. As the world economy is stabilizing amid geopolitical challenges, investors actively participated, resulting in the highest institutional investments in a quarter post the pandemic.Quarters Institutional Investments(USD Bn) Quarterly Change(%)Q2 2023 1.6 28%Q3 2023 0.7 -57%Q4 2023 0.8 18%Q1 2024 0.6 -31%Q2 2024 3.1 464%Source: Vestian ResearchForeign investors accounted for the highest share, 71%, of the total investments received during the second quarter of 2024 as they flocked to India to capitalize on its robus...

Jul152024 by FWMNo Comments

Mumbai MMR sets new benchmark with average registered home sales value reaching ₹94 lakh in June quarter: Square Yards

Business & Finance, News

v Lodha Group Leads Among Top Developers with Highest Registered Home Sales Value, Birla Estates Climbs to Third Spot Mumbai, Maharashtra, July 15, 2024 – The Mumbai Metropolitan Region (MMR) has recorded an unprecedented surge in average registered home sales value in the second quarter of 2024, according to the latest report by Square Yards. The average registered home sales value basis the IGR data, analysed by Square Yards, reached a record-high of Rs. 94 lakh, reflecting a 10% YoY growth, despite a decrease in the total number of registered transactions in the region.In the June 2024 quarter, a total of 50,025 residential real estate transactions were registered across Mumbai MMR, amounting to a registered sales value of Rs. 46,833 crore. Although there was a 6% drop in the o...

Jul122024 by FWMNo Comments

Ramaiah Memorial Hospital Signs Long Term Collaboration Agreement with the Mount Sinai Health System

LIFE & ARTS, Lifestyle, News

New York for Specialty Care Development and Quality and Technological Advancements Collaboration between the two leading healthcare providers is aimed at benefiting patients in India and across the region Bangalore, India July 12, 2024: Ramaiah Memorial Hospital (RMH), one of India's leading multi-super-specialty quaternary care hospitals based at Bengaluru, Karnataka, has signed an exclusive agreement with the New York-based Mount Sinai Health System today, marking the beginning of a transformative partnership that aims at advancing healthcare services through collaborations in clinical excellence, quality of care, research, innovation and technology.The collaboration, formalized through a long-term a collaboration agreement, reinforces the commitment of both institutions by ...

Jul122024 by FWMNo Comments

Technology Unbound at BTS 2024

Business & Finance, News

3-day event celebrating Innovation and Global Collaboration - Event to be held from 19-21 November 2024 - Chief Minister Hosts Interactive Breakfast Meet with 200+ CEOs and Leaders from prominent Tech Sectors Bengaluru, 12th July 2024 : Priyank Kharge, Minister for Information Technology & Biotechnology and RDPR, Government of Karnataka, announced the 27th edition of Asia’s largest Technology Show, Bengaluru Tech Summit (BTS) 2024, at a Press Conference held in Bengaluru. Scheduled from November 19-21 2024 at the iconic Bangalore Palace, BTS 2024 will once again position Bengaluru at the forefront of global tech innovation & collaboration.Ahead of this press conference, a Breakfast Meet was held where Siddaramaiah, Chief Minister of Karnataka, engaged in an interactive...

Jul112024 by FWMNo Comments

Mumbai’s Rs 10 Crore and above luxury residential units clock highest-ever half-yearly sales of Rs 12,300 crore in H1 CY24

News

Rs 3,500+ Cr. highest-ever recorded sales value in secondary/resale market in Mumbai with growth rate of 37% in H1 CY’24 compared to H1 CY’23.The top luxury micro-markets in Mumbai—Goregaon East, Worli, Mahalakshmi, Prabhadevi, Mumbai Central, Malabar Hill, Bandra West, Lower Parel, Tardeo, Byculla—have contributed to 80% of primary luxury sales by value in H1 CY’24. More than half of homebuyers in the more than Rs 10 Crore luxury market belong to the 35-55 age category.Mumbai, July 11, 2024— Sales of luxury homes costing Rs 10 crore and above in Mumbai have risen 8% making another new high of Rs 12,300 crore in H1 CY’24, compared to Rs 11,400 crore in H1 CY’23, according to a report by India Sotheby’s International Realty and CRE Matrix.The report, “Mumbai Luxury Housing...

Jul112024 by FWMNo Comments

South India’s Data Centre Market to Witness 65% Capacity Growth by 2030; fueled by Chennai, Bangalore, and Hyderabad

News

Bengaluru, India, 11th July 2024: South India's data centre market is on an impressive growth trajectory, with major cities like Chennai, Bangalore, and Hyderabad at the forefront. This surge is supported by substantial government incentives, strategic infrastructure investments, and a rising demand for digital services. The region is poised to play a crucial role in the global data centre landscape, with capacity projected to grow 65% by 2030.Significant Capacity ExpansionAs of now, the combined installed data centre capacity in Chennai, Bangalore, and Hyderabad stands at approximately 200 MW. This foundation is set to be significantly bolstered, with 190 MW currently under construction and an additional 170 MW planned. These developments are expected to increase the total capaci...

Jul102024 by FWMNo Comments

AirAsia brings “cinematic in-flight” experience to Indian Theaters

LIFE & ARTS, News

AirAsia presently operates 22 direct routes from India to Malaysia and Thailand, with four more to commence soon The airline is bringing an innovative “cinematic in-flight” experience to 130 cinemas across 12 cities in India where movie-goers have the exciting chance to win flights to any of its 130 destinationsINDIA, 9 July 2024 – AAirAsia, the World’s Best Low Cost Airline for the 15th consecutive year, invites travellers from India to discover the hidden gems of Asia and Australia and beyond through its robust network that will soon connect 16 cities in India to over 130 destinations across its network via Malaysia and Thailand. In line with its expansion, AirAsia will bring an innovative “cinematic in-flight” experience for movie-goers to sel...

Jul102024 by FWMNo Comments

“CII Karnataka Real Estate Conclave 2024 spotlights on Inclusive, Sustainable and Integrated Urban Excellence”

Business & Finance, News

Bengaluru, 10 July 2024: CII Karnataka organized the 1st edition of the CII Karnataka Real Estate Conclave 2024 “Karnataka Horizon: Navigating Real Estate Excellence in the South” today at Bengaluru. The conclave took up key themes of sustainable urban development, the pivotal role of connectivity in urban growth, unlocking Karnataka's real estate potential through future mobility, the impact of ESG considerations on real estate development, and innovative investments in Karnataka's real estate through smart living and integrated townships, as the State continues to remain a beacon and hub for industrial activity. "Completing Phase 2 of Bengaluru's Yellow Line metro network, by end of this year marks a pivotal step toward enhancing urban mobility. We are anticipating a significant increa...

Jul72024 by FWMNo Comments

Brigade Secures JDA for Prime 8Acres in West Bengaluru, Facilitated by Knight Frank India

Business & Finance, News

Development potential of 1.2 mn sq ft residential property valued at INR 1,100 crore Bengaluru 06 July 2024: Knight Frank India, a leading international real estate consultancy, has successfully facilitated a Joint Development Agreement (JDA) for a land parcel of approximately 8 acres located in the West Bengaluru micro-market. Knight Frank represented Brigade Enterprise Limited (BEL), which is considering this land for residential development project of up to 1.2 million square feet. The land is strategically located, benefiting from both transit and social infrastructure, with projected sales of INR 1,100 crore.Commenting on this, Ms. Pavithra Shankar, Managing Director of Brigade Enterprise Limited, said, “This project will be significant for the West Bengaluru micro market, and...