Business & Finance

Sep182026 by FWMNo Comments

Tenthpin Unveils Cutting-Edge AI-Based Life Sciences Facility at Global Tech Park

Bengaluru, India, Sep 17, 2026: Switzerland based Tenthpin Management Consultants, a global leader in management and technology consulting for Life Sciences companies, today announced the launch of Innovation Hub in Bengaluru, establishing a Global Centre of Excellence dedicated to advanced therapies that delivers a cutting-edge AI and cloud-driven solutions that help organizations accelerate and transform complex gene, cell, and tissue treatments into life-saving medicines.By bringing together deep scientific expertise, and industry-leading technology partnerships, this centre serves as a hub for innovation to supports biotech and pharmaceutical organizations at every stage of the transformation journey from early-stage research and process optimization to scale-up, manufacturing, and...

Sep172026 by FWMNo Comments

CBRE Leads India Real Estate Investment Sales Activity in H1 2026, Captures More Than Half the Market

Business & Finance, News

CBRE Retains Top Global Position With a Market Share of 23%New Delhi, India-Thursday, Sep 17, 2026 16:06:59 CBRE was the top-ranked firm for commercial real estate investment sales in India during the first half of 2026, according to MSCI Real Assets.MSCI Real Assets credited CBRE with a 55% market share across all property types in India in H1 2026 - more than half of all tracked investment sales activity in the country during the period.CBRE also held the top spot in two of India's most active asset classes: development sites (77% market share) and apartment/residential assets (100% market share)."Commanding more than half of India's investment sales market is a strong signal of the confidence investors continue to place in CBRE," said Anshuman Magazine, Chairman and ...

Sep172026 by FWMNo Comments

Puravankara secures Rs 2,600 crore redevelopment project in Goregaon West, Mumbai.

Business & Finance, News

Thursday, Sep 17, 2026 16:09:0517 September 2026, Mumbai: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India’s most trusted and admired real estate developers, has secured redevelopment rights for three residential societies in Bangur Nagar, Goregaon West, Mumbai. Spread across 4.68 acres, the project offers a total developable potential of approximately 1.05 million sq. ft. and an estimated Gross Development Value (GDV) of ₹2,600 crore. The addition marks Puravankara’s eighth redevelopment project in Mumbai and further strengthens its presence in the city’s redevelopment market.Commenting on the development, Ashish Puravankara, Managing Director, Puravankara Limited, said, “Redevelopment is an important pillar of our Mumbai growth strategy and allows us to participate in...

Sep162026 by FWMNo Comments

Bengaluru’s Office REIT Stock Surges 161% YoY;City Leads Major Markets at 27% Penetration: ASSOCHAM-Knight Frank India

Business & Finance, News

Bengaluru accounts for 67.6 mn sq ft of REIT-backed office stock, the highest among major markets Bengaluru, September 16, 2026: According to the latest ASSOCHAM-Knight Frank India report, Building Viksit Bharat – Real Estate as a Catalyst for Growth, Bengaluru has emerged as the leading major office market in terms of REIT penetration, with REIT-owned assets accounting for 27% of its operational office stock. The city has 254.0 mn sq ft of operational office stock, of which 67.6 mn sq ft is held by REITs, the highest among the major markets analysed. Bengaluru's office REIT stock has increased by 161% from 25.9 mn sq ft in June 2025 to 67.6 mn sq ft as of June 2026, reflecting a significant expansion in institutional ownership over the year.Bengaluru's strong institutionalisation ...

Sep152026 by FWMNo Comments

NSE IPO Announced: Price Band ₹1,700–₹1,785; Bidding Opens September 17.

Business & Finance

The highly anticipated public issue is an entirely Offer-for-Sale (OFS) of up to 12.64 crore equity shares, closing on September 21, 2026.National Stock Exchange of India Limited’s Initial Public Offering to Open on 17th September 2026, Price Band set at Rs 1,700 – Rs 1,785 Per Equity Share of face value of Rs. 1 each• Price band of Rs 1,700 – Rs 1,785 per Equity Share bearing face value of Rs. 1 each (“Equity Shares”) • Anchor Investor Bidding Date – 16th September 2026 • Bid/Offer Opening Date 17th September 2026 and Bid/Offer Closing Date 21st September 2026 • Minimum Bid Lot is 8 Equity Shares and in multiples of 8 Equity Shares thereafter15 September, Bangalore: National Stock Exchange of India Limited has fixed the price band of Rs 1,700/- to Rs 1,785/- per Equity Shar...

Sep92026 by FWMNo Comments

RINAC, Gonvarri Launch JV to Reshape India’s Industrial Real Estate and Warehousing Landscape.

Architecture, Business & Finance, News, World

RINAC and Gonvarri Material Handling form CONSTRUCTOR RINAC to deliver integrated warehouse and intralogistics solutions in India - New joint venture combines European engineering and storage expertise with RINAC’s Indian market presence and project execution capabilities Bengaluru, September 9, 2026: RINAC India Limited and Gonvarri Material Handling (GMH) have formally established CONSTRUCTOR RINAC Private Limited, a new joint venture focused on providing integrated warehouse storage, intralogistics and cold-chain warehouse solutions to the Indian market. The JV marks the evolution of the companies’ long-standing distributor relationship into a strategic partnership aimed at addressing the growing demand for space-efficient, high-density and technology-enabled warehouse solutions in In...

Aug212026 by FWMNo Comments

Holcim to acquire Fermacell.

Business & Finance, News, World

Zug | 20 August 2026-Established European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million Premium brands fermacell® and Aestuver® expanding Holcim’s high-value Building Solutions Run-rate EBITDA synergies of around EUR 22 million to be realized in year three A milestone in Holcim's NextGen Growth 2030 strategy shaping the future of sustainable constructionHolcim has entered into an agreement to acquire Fermacell from James Hardie Industries plc. Fermacell is an established European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million. It is a leader in high-performance fibre gypsum and cement-bonded boards, and home to premium sustainable brands such as ferm...

Aug162026 by FWMNo Comments

L&T Finance Unveils Gold Loan Campaign Featuring Brand Ambassador Jasprit Bumrah

Business & Finance, News

Mumbai, Maharashtra, IndiaIntroduces three commercials to drive awareness for Gold Loan offerings with the tagline ‘Koi Bhi Sapna Hold Mat Karo, L&T Finance Gold Loan Karo’ Launches an Integrated Marketing Campaign in key markets in eight states and one union territory.L&T Finance Ltd. (LTF), one of the leading retail financiers in the country, introduced three new TV commercials (TVC) with the tagline, ‘Koi Bhi Sapna Hold Mat Karo, L&T Finance Gold Loan Karo,’ featuring its brand ambassador, Jasprit Bumrah. Through this campaign, LTF will drive awareness for its Gold Loan offerings and empower individuals, micro-entrepreneurs, and households to unlock the value of their idle gold to fuel their growth, aspirations, and dreams. L&T Finance laun...

Aug152026 by FWMNo Comments

Puravankara Q1FY27 revenue surges 63% to ₹877 crore; PAT at ₹25 crore.

Business & Finance, News

Friday, Aug 14, 2026 17:56:43Pre-sales up 28% at ₹1,439 crore; adds ₹5,200 crore of GDV in BengaluruBengaluru: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India's most trusted and admired real estate developers, reported a strong start to FY27, backed by improving realisations and disciplined execution across its residential and commercial portfolio.Puravankara reported a Profit After Tax (PAT) of ₹25 crore in Q1FY27, compared to a loss of ₹69 crore in Q1FY26, while EBITDA margin expanded to 25% from 15%. The company handed over 745 homes covering 0.94 msft during the quarter, up from 667 units in Q1FY26, sustaining the execution momentum built through FY26.Total revenue for Q1FY27 stood at ₹877 crore, up 63% YoY from ₹539 crore in Q1FY26. Operating inflows for t...

Aug122026 by FWMNo Comments

Green debt’s share in REITs doubled to 12% during 2022-26; sustainability-led funding momentum remains strong: ICRA

Business & Finance, News

Green debt in REITs grew sevenfold to ~Rs. 8,400 crore in March 2026 from ~Rs. 1,200 crore in March 2022August 11, 2026- -ICRA expects sustainable financing to play an increasingly important role in the funding strategy of Indian real estate investment trusts (REITs) over the medium term, supported by a high proportion of green-certified assets, growing environmental, social and governance (ESG) commitments, rising preference of investors for sustainable investments and evolving regulatory frameworks. Reflecting this trend, outstanding green borrowings of Indian REITs increased sharply to around Rs. 8,400 crore as of March 2026 from approximately Rs. 1,200 crore in March 2022, doubling the share of green debt in total REIT borrowings to about 12% from 6% during the period. ICRA expect...