Tuesday, April 21News That Matters

Author: FWM

An Icon Returns, as ‘Welcomhotel Chennai’ welcomes back guests in the New Year

An Icon Returns, as ‘Welcomhotel Chennai’ welcomes back guests in the New Year

Architecture, Lifestyle, News
Bringing back the glory!Bengaluru, 18thJanuary 2024: ITC Hotels today announced the reopening of Welcomhotel by ITC Hotels, Cathedral Road, Chennai, a landmark property established in 1975, looking resplendent in its new avatar. This iconic hotel, with a repertoire of world-class hospitality offerings, promises to further enrich the city’s vibrant tourism and business landscape.In line with ITC Hotels’s credo of ‘Responsible Luxury’, Welcomhotel Chennai is committed to the highest levels of environmental stewardship. The hotel is LEED® Platinum & LEED Zero Carbon certified, attesting to its commitment to sustainability , utilization of renewable energy, conservation and recycling of water, and concrete measures to preserve the ecosystem. It has self-owned and offsite wind farms...
MAHINDRA SUPRO EXCEL LAUNCHED

MAHINDRA SUPRO EXCEL LAUNCHED

News, Technology
Mahindra Introduces Supro Profit Truck Excel: Elevating Customer Prosperity with Enhanced Features. Price starts at ₹6.61 lakh~ In line with brand promise, the Supro Profit Truck Excel aims to deliver superior power, class-leading mileage and bigger deck length leading to superior profits for customers ~• Offers best-in-class rated payload of 900 kg (Diesel) and 750 kg (CNG Duo) • Increased deck length of 2515 mm • Impressive range of over 500 km for Supro Excel CNG Duo • Enhanced safety feature with Anti-Roll Bar which provides stability • The Supro Profit Truck Excel series offers competitive pricing, with the Diesel variant priced at ₹6.61 lakh (ex-showroom Bangalore) and the CNG DUO variant at ₹6.93 lakh (ex-showroom Bangalore).Bangalore, January 18, 2024: Mahindra &am...
From 18th January to 28th Vishwa Guru Basavanna and Vachana Sahitya-based Republic Day Phalapushpa Exhibition: Dr. Shamla Iqbal

From 18th January to 28th Vishwa Guru Basavanna and Vachana Sahitya-based Republic Day Phalapushpa Exhibition: Dr. Shamla Iqbal

Architecture, Home Improvement, Lifestyle, News
Bengaluru, January 16 (Karnataka News): PHOTOS BY P K ANANTHKUMARFrom January 18 to 28, Vishwa Guru Basavanna and Vachana Sahitya-based Republic Day 215th Phalapushpa Pradashana was held at Lalbagh's glass house, Dr. Shamla Iqbal Horticulture and Silk Department Secretaries. said.Addressing a press conference at Horticulture Department Information Center today, the program will be inaugurated by Chief Minister Siddaramaiah at 6.00 pm on Thursday, January 18 at Glass House, Lalbagh. Deputy Chief Ministers, Major and Medium Irrigation and Bengaluru Urban Development Minister D.K. Shivakumar, Minister of Mines and Geology and Horticulture S.S.Mallikarjuna, Transport and Mujarai Department Minister Ramalingareddy, Famous scholar Nadoja Dr. Go. R. Channabasappa will arrive. ML...
Karnataka Bank and Clix Capital Enter Into Co-Lending Partnership

Karnataka Bank and Clix Capital Enter Into Co-Lending Partnership

Business & Finance
 Jan 16, 2024 19:15 IST PHOTOS BY P K ANANTH KUMARKarnataka Bank (KBL), a leading Private Sector Bank and Clix Capital, one of India’s fastest growing new-age NBFC  have entered into a strategic digital co-lending partnership through Yubi Co.lend Platform.The agreement is in line with the Reserve Bank of India's guidelines on co-lending by banks and NBFCs to priority sectors. Private sector lender Karnataka Bank and non-banking finance company (NBFC) Clix Capital on Tuesday signed up for a strategic digital co-lending partnership through the platform Yubi Co.LendSpeaking on the collaboration Mr. Srikrishnan H Managing Director & CEO,Karnataka Bank said "Our Colending partnership with Clix Capital will focus on digital credit to MSMEs with superior product and service o...
India Sotheby’s International Realty appoints Saket Dalmia as President to lead the organization’s endeavours in India.

India Sotheby’s International Realty appoints Saket Dalmia as President to lead the organization’s endeavours in India.

Business & Finance, News
New Delhi, 15th January 2024:India Sotheby’s International Realty today announced that Saket Dalmia has invested in the company and has joined the Board as President. With his extensive experience at PHD Chambers of Commerce, spearheading several initiatives such as Young Business Leader Forum and Start-Up20 Finance Task Force, Mr. Dalmia will now be an integral part of India Sotheby’s International Realty, as the company targets a sales transaction turnover of $1 bn in its 10th year of operation.“We are thrilled to announce the appointment of Mr. Saket Dalmia as President of India Sotheby's International Realty, where he will be instrumental in driving strategy, fostering growth, and identifying new business opportunities. With over two decades of experience running businesses...
Colliers India forays into Residential Services; appoints Ravi Shankar Singh as Managing Director, Residential Transaction Services, India

Colliers India forays into Residential Services; appoints Ravi Shankar Singh as Managing Director, Residential Transaction Services, India

Business & Finance, News
Gurgaon, 15th January 2024: Leading diversified real estate professional services firm, Colliers India, ventures into the residential business. Having established a firm footing over the past few years in office services, project management, valuations & advisory services, capital markets and facilities management, among other businesses, the firm has now announced its expansion into the residential space.Ravi Shankar Singh has been appointed to lead the business as the Managing Director for Colliers’ Residential Transaction Services in India. Boasting over two decades of experience, Ravi is no stranger to the real estate industry. With professional stints at top real estate firms, he is adept in a broad spectrum of real estate capabilities, including residential transactions, ...
Asian Paints Along with St+art India Foundation Infuse Touch into ‘Art’ via Project Sparsh at Rajasthan Netraheen Kalyan Sangh School, Jaipur

Asian Paints Along with St+art India Foundation Infuse Touch into ‘Art’ via Project Sparsh at Rajasthan Netraheen Kalyan Sangh School, Jaipur

Architecture, Home Improvement, News
Friday, Jan 12, 2024 10:30:26 | Inspiring and enriching young minds with the transformative power of tactile artwork there by making ‘Art’ accessible to allMumbai | Jaipur, India (NewsVoir)    Art connects people through thoughts & feelings you cannot express. While a majority of art is visually captivating, pieces that bring the beauty and joy of art to people who are not able to experience it visually, are rare. This very concept of tangible art gave rise to Project Sparsh, an initiative launched by Asian Paints and St+art. Sparsh aims to bring the magic of art to visually impaired children, letting them experience it from an entirely new perspective. https://youtu.be/44WHWtRMVNU Rajasthan Netraheen Kalyan Sangh is a school in Jaipur that has been transforming the liv...
PM inaugurates Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu in Navi Mumbai

PM inaugurates Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu in Navi Mumbai

Architecture, World
Built at cost of about Rs 17,840 crores, Atal Setu is the longest bridge in India and also the longest sea bridge in the country12 JAN 2024 7:19PM by PIB DelhiThe Prime Minister,  Narendra Modi inaugurated Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu in Navi Mumbai today.   Modi took a walkthrough of the photo gallery and a showcase model of Atal Setu.MTHL Atal Setu has been constructed at the cost of more than Rs 17,840 crores and is about a 21.8 km long 6-lane bridge having about 16.5 km length over the sea and about 5.5 km on the land.The Prime Minister was accompanied by the Governor of Maharashtra,   Ramesh Bais, Chief Minister of Maharashtra,   Eknath Shinde and Deputy Chief Ministers of Maharashtra,   Devendra Fadnavis and   Ajit Pawar.Atal Bihari Vajpayee Se...
Property Finder’s Zingat joins forces with Hepsiemlak, a Doğan Holding company in Türkiye

Property Finder’s Zingat joins forces with Hepsiemlak, a Doğan Holding company in Türkiye

Business & Finance
The strategic partnership exemplifies Property Finder’s confidence in the Turkish market’s long-term potential, as part of its vision to expand market share in the MENAT region. The merger between Property Finder’s Zingat and Hepsiemlak, seeks to strengthen Türkiye’s real estate ecosystem with better opportunities for all stakeholders and customers.Dubai, United Arab Emirates, 11 January 2024: Property Finder, the leading property portal in the Middle East and North Africa (MENA), has announced its latest partnership with Hepsiemlak, a Doğan Holding company in Türkiye, under its local subsidiary - Zingat.As part of this important consolidation for the sector, Property Finder will become a minority partner in Hepsiemlak, and provide advisory on best practices from its years of ex...

Institutional investments from domestic investors in realty sector jump 120pc in 2023 to USD 1.5bn: Vestian

Business & Finance
New Delhi, 11th Jan: Institutional investments in the real estate sector from domestic investors more than doubled to USD 1.5 billion in 2023, according to Vestian latest report.The inflow of funds from domestic investors stood at USD 1511 million (USD 1.5 billion) last year, registering a remarkable growth of 120 per cent from USD 687 million in the 2022 calendar year. The share of domestic investors increased to 35% in 2023 from 14% in 2022 amid global headwinds.On the other hand, the share of foreign investors shrunk over the previous year on account of the macroeconomic slowdown. While foreign investors continued to dominate investments with 65% share in 2023, their share reduced from 79% a year earlier. Nearly 72% of the foreign investments were concentrated in commercial asse...