Business & Finance – Page 10 – Property World Global

Dec292023 by FWMNo Comments

“Poor people from far flung areas will be benefited from this POWERGRID Vishram Sadan.”-R.K. Singh, Union Minister for Power, New and Renewable Energy, Govt. of India

28 DEC 2023 6:07PM by PIB Bengaluru POWERGRID Vishram Sadan was inaugurated by R.K. Singh, Union Minister for Power, New and Renewable Energy, Govt. of India in virtual presence of Dr. Mansukh L Mandaviya, Minister of Health and Family Welfare, Chemical and Fertilizer presence of Sh. K J George, Hon'ble Minister of Energy, Sh. Tejasvi Soorya, MP, Bengaluru South, Dr. Yatindra Dwivedi, Director (Personnel) POWERGRID, Dr. Partima Murthy, Director, NIMHANS, Bengaluru and senior officials from POWERGRID. Addressing the public, R. K. Singh appreciated the noble efforts of POWERGRID and said, "Poor people from far flung areas will be benefited from this POWERGRID Vishram Sadan." He also talked about the strong power scenario in the country and the commendable efforts made by Gover...

Dec292023 by FWMNo Comments

Propelld: Reflecting on 2023 and Looking Forward to 2024

Business & Finance

Thursday, December 28, 2023 4:35PM IST (11:05AM GMT By Victor Senapaty, Co-founder, Propelld As we approach the end of 2023, it's a time to look back on a year filled with significant achievements for Propelld and to look forward with excitement to what 2024 has in store for us. This year was marked by a major milestone with our fully owned subsidiary, Edgro, obtaining an NBFC license. This achievement dramatically transformed our operations, leading to reduced costs of funds, increased margins, enhanced underwriting capabilities, and notably faster loan disbursals. Our leadership team underwent a phase of streamlining and stabilization, setting a strong foundation for efficient management and decision-making. In terms of financial performance, Propelld reached a remarkable miles...

Dec262023 by FWMNo Comments

MANA Solidifies its Footprint to East Bengaluru.

Business & Finance, News

Bengaluru, Karnataka, India Dec 26, 2023 With the aim of further expanding its presence in East Bengaluru, renowned Bengaluru-based real estate company, MANA, is excited to introduce its latest project, MANA Jardin Neo. MANA Jardin Neo, Bengaluru’s most luxurious residential property belongs to the ultra luxury category of homes. With their tagline of "Live Brilliantly", MANA is committed to offering a luxurious lifestyle and the right home to older millennials and their extended families with these apartments. MANA Jardin Neo is conveniently situated near Wipro SEZ, Kodathi, Sarjapur Road in the heart of Bengaluru City. As they embark on this new project, MANA is committed to upholding their reputation for delivering outstanding residential living experiences and is excited to furt...

Dec122023 by FWMNo Comments

SANY India presents a vision into the future of construction technology at EXCON 2023

Architecture, Business & Finance, Technology

Products are exclusively designed for Indian customers and applications 15 new machines were launched at Excon 2023 SANY India has displayed 44 machines at the Excon 2023 Bangalore, 12th December 2023: SANY India, a leading manufacturer of construction equipment, unveiled an array of revolutionary construction equipment at EXCON, the largest construction equipment exhibition in South Asia. A total of 44 machines were showcased this year, including the debut of 15 new models, including cutting-edge electric machines designed for diverse applications such as earthwork, excavation, heavy lifting, deep foundation works, mining operations, road construction, and port equipment, signifies a significant leap forward in transforming the industry. These electric machines deliver superior ...

Dec52023 by FWMNo Comments

Wipro Consumer Care and Lighting announces its 15th acquisition with a new addition of Personal Wash Brands – Jo, Doy, and Bacter Shield

Business & Finance

Bengaluru, Tuesday, December 5, 2023 – Wipro Consumer Care and Lighting, announced its 15th acquisition by acquiring Jo, Doy, and Bacter Shield, brands from VVF (India) Limited. This is also the company’s third acquisition within the last twelve months. The acquisition will be a strategic expansion for Wipro in the personal wash segment. Jo toilet soap is the key brand with a significant play in North, East and West markets. Doy operates in the premium segment with differentiated positioning, and Bacter Shield has an antibacterial range of soap and handwash. These brands together recorded a revenue of over INR 2100 MN during FY23. Mr. Vineet Agrawal, CEO of Wipro Consumer Care and Lighting, and Managing Director, Wipro Enterprises expressed enthusiasm about the acquisition, ...

Nov212023 by FWMNo Comments

Bengaluru Office Market dull in Jul-Sep; Hyderabad shines with sharp jump in Demand-Supply

Business & Finance, News

Bengaluru, Hyderabad and Chennai contributed 58 per cent to total office leasing and 70 per cent to new supply during Q3 of this calendar year. New Delhi, 20th November: India’s most prominent office market Bengaluru remained slow during the July-September period as office space gross leasing fell by 28 per cent year-on-year while new supply declined 25 per cent, according to Vestian. Real estate consultant Vestian expects office demand in Bengaluru to rise with large IT companies calling their staff back to office. Vestian has released its office market report for the third quarter of this calendar year, showing 21 per cent growth in office leasing and 26 per cent increase in new supply across top seven cities. As per the data, the absorption of office space in the July-Septem...

Nov102023 by FWMNo Comments

Bid Your Price for Multiple Items ; Karnataka’s biggest digital auction to be held at LuLu Mall Bengaluru

Business & Finance, Lifestyle, News

' Nov 09, 2023 13:46 IST Lulu Digex Auction ' will enable deal-hungry buyers to get their hands on the latest technology and sleek-looking designs in gadgets, home appliances, electronics, and home essentials just for rupee one.The auction can be available for many products, where the participants can bid for the items and get products at the price of their wish. This most exclusive auction fest begins at LuLu Mall in Bengaluru on Friday at 4 p.m. with its latest consumer tech products. Savvy shoppers are gearing up for an amazing opportunity to grab their favourite products with their own bid price. More than 15 products from the major brands will be available for bidding. Drawing an impressive line-up of top brands from around the world and will be a magnet for shoppers, technology e...

Nov62023 by FWMNo Comments

Strong sales momentum and operational discipline continues to drive SOBHA’s performance

Business & Finance

Bangalore, 6 November 2023 Sobha Limited (SOBHA) announced its financial results for the quarter ending September 30, 2023 (Q2-FY24).SOBHA delivered a strong quarter yet again on account of remarkable sales and operational performance. Robust growth in sales has been recorded across all operating regions quarter on quarter, reinforcing strong commitment towards sustainable growth Brief highlights include: • Highest ever quarterly sales value of Rs. 17.24 billion, up 48.1% compared to Q2-FY23 • Historically highest quarterly new sales area of 1.69 mn sft, up 26.1% over Q2-FY23 • Average Price realization Rs. 10,223 per sft, increase of 17.4% compared to Q2-FY23 • A new milestone of over 1,000 homes sold in a quarter • Highest ever quarterly Real Estate collections at Rs. 12,598 mn ...

Nov32023 by FWMNo Comments

Pantaloons unveils ‘Pantaloons OnLoop’ in India

Architecture, Business & Finance, News

Launches first flagship store under this concept in Bengaluru Bengaluru; November 3, 2023: -Photo and Video By..P.K.Ananth Kumar Pantaloons, India’s leading fashion brand from Aditya Birla Fashion and Retail Ltd., in a historic step towards transforming the fashion retail environment, announced the grand launch of its very first Pantaloons OnLoop store in JP Nagar, Bengaluru today. Pantaloons OnLoop is a playful, distinctive, technology-first experiential store, designed for the young and modern customer who is seeking fun and excitement in all they do. The new store spread over a sprawling 70,000 sq. ft. is a sensory feast, offering experiences beyond fashion, with a spectrum of 50+ fashion brands across categories of Apparel, Footwear, Watches, Sunglasses, Cosmetics, Bags an...

Nov32023 by FWMNo Comments

Provident Housing Unveils the 12th Edition of Bengaluru Home Habba

Architecture, Business & Finance, Home Improvement, News

03/11/2023 Bengaluru, Karnataka, India – Business Wire India Provident Housing Limited, part of the Puravankara Group (BSE: 532891), one of India’s most trusted developers, is organising the 12th edition of the Bengaluru Home Habba. This three-day home festival, which began today, will continue till November 5 at the Sindhoor Convention Centre in JP Nagar, Bengaluru. The Bengaluru Home Habba will offer home buyers savings of up to Rs. 15 Lakh* on select homes. Customers signing an agreement at the festival will also get a cashback of Rs. 50,000 during the booking process. Additionally, there will be a ‘Spin the Wheel’ setup, where every customer booking a Provident home will win assured offers, each worth Rs. 51,000. These offers span across home automation, gold vouchers, travel vo...