Sunday, December 22News That Matters

Business & Finance

Stanley Lifestyles Limited’s Initial Public Offering to open on Friday, June 21, 2024, price band set at ₹351/- to ₹369/- per Equity Share

Stanley Lifestyles Limited’s Initial Public Offering to open on Friday, June 21, 2024, price band set at ₹351/- to ₹369/- per Equity Share

Business & Finance
Mumbai, June 16 2024: Bengaluru-based, Stanley Lifestyles Ltd, the country’s largest super-premium and luxury furniture brand, has fixed the price band of ₹351/- to ₹369/- per Equity Share of face value ₹2/- each for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, June 21, 2024, for subscription and close on Tuesday, June 25, 2024. Investors can bid for a minimum of 40 Equity Shares and in multiples of 40 Equity Shares thereafter. The IPO consists of fresh issue of up to Rs 200 crore and an offer for sale (OFS) of up to 9.13 million by Promoter and Investor Selling Shareholders. As of December 31, 2023, company has offered our customers an opportunity to select products across multiple catalogues, designs, configuratio...
Landmark Group: Creating Realty Landmarks While Creating Value for End-users & Stakeholders

Landmark Group: Creating Realty Landmarks While Creating Value for End-users & Stakeholders

Business & Finance
Gurugram, Haryana, India Jun 10, 2024 16:53 IST Landmark Group, a real estate developer known for creating landmark structures, has made a name that has emerged as a synonym of trust and innovation. Established in 1992 by Sandeep Chhillar, the Landmark Group started as an IT company. Soon, the company, witnessing the rapidly transforming NCR's realty landscape, ventured into this field and did not look back. As the company constructed one project after another and expanded its footprint in Gurgaon, Faridabad, and Dharuhera micro-markets, the emergence of construction quality and customer's first approach was acknowledged by the end users. At present, Landmark's diverse real estate portfolio includes townships, villa complexes, group housing, and mixed-use retail spaces like Landmark...
Cushman & Wakefield Recognised as Leading Commercial Real Estate Firm at Asia Pacific Property Awards 2024

Cushman & Wakefield Recognised as Leading Commercial Real Estate Firm at Asia Pacific Property Awards 2024

Business & Finance
Tuesday, June 11, 2024 1:53PM IST (8:23AM Gurugram, Haryana, India:  Cushman & Wakefield, one of the largest and the fastest growing real estate services firm in India, has been awarded two prestigious accolades at the Asia Pacific Property Awards 2024. This marks the fourth time and the third consecutive year that the company has been recognised for its expertise and leadership in India’s commercial real estate sector. Best Property Agency/Consultancy India – Five Star Award Real Estate Agency Single Office – Bengaluru – Award Winner Commenting on the wins, Mr. Anshul Jain, Chief Executive, India & SE Asia & APAC Tenant Representation, Cushman & Wakefield, said, "We are honoured to be recognized as the Best Property Consultancy in India at the Asia Pacific...
Blackstone Completes Acquisition of Tropical Smoothie Cafe

Blackstone Completes Acquisition of Tropical Smoothie Cafe

Business & Finance
Atlanta, GA and New York, NY – June 10, 2024 – Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have completed the acquisition of Tropical Smoothie Cafe, a leading franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. This marks the first transaction in Blackstone’s most recent vintage of its flagship private equity vehicle. “Tropical Smoothie Cafe is a nationally recognized brand with an impressive growth trajectory underpinned by a base of loyal franchisees and guests,” said Peter Wallace, a Senior Managing Director, and Michael Staub, a Managing Director, in Blackstone’s Private Equity business. “With Blackstone’s capital and resources, we look forward to accelerating the Company’s continued expansion across ...
Puravankara Among Top 4 Real Estate Developers in Adopting Best Practices: BrandXReport 2023-24

Puravankara Among Top 4 Real Estate Developers in Adopting Best Practices: BrandXReport 2023-24

Business & Finance
Bengaluru, Karnataka, India: Friday, June 7, 2024 12:48PM IST (7:18AM GMT Puravankara Limited, one of India’s most trusted and admired real estate developers, has been ranked among the Top 4 real estate companies across India for adopting best practices in the business. Ranked among the Top 5 National Real Estate Brand, Puravankara’s commitment to best practices has been acknowledged with ten well-defined parameters, like Fiscal Management, Execution Standards, Market Depth Consumer Connect: Transparent Deals, Functional Professionalism; Care for Society & Environment Employer; Communication Openness; and Desirable Practices that far exceed the prevailing standard practices. The company has maintained its 5th Rank with an improved brand score in terms of the overall Brand Ranki...
Investments in developmental assets set to surge as India marches towards USD 5 Trillion economy

Investments in developmental assets set to surge as India marches towards USD 5 Trillion economy

Business & Finance, News
India amongst the top five global cross-border capital destinations for land and development site investments in Q1 2024 With 67% share, foreign investors infused USD 3.6 Bn in 2023; Around 55% of real estate inflows came from foreign investors in Q1 2024 About 73% of the foreign investments during Q1 2024 were in ready assets Mumbai, 7th June, 2024  – Four of the top five global cross-border capital destinations for land and development site investments in the first quarter of 2024 were in Asia Pacific, according to a new report from Colliers. The report, Asia Pacific Global Capital Flows May 2024, listed China, Singapore, Australia and India within the top five destinations globally for cross-border capital investment in land/development sites in Q1 2024. In India, the inst...
 “Karnataka is witnessing remarkable growth in IT, BT, commerce, and industries”-Mr. Selvakumar., Principal Secretary, Commerce and Industries, GoK

 “Karnataka is witnessing remarkable growth in IT, BT, commerce, and industries”-Mr. Selvakumar., Principal Secretary, Commerce and Industries, GoK

Business & Finance, News, Technology
Bengaluru, India 7 June 2024: Bangalore, June 7, 2024: Electronics City Industrial Association (ELCIA) is excited to announce the curtain raiser event for the much awaited ELCIA Tech Summit. This prestigious event sets the stage for an array of discussions, innovations and demonstrations from the tech industry. Curtain-raiser of ELCIA Tech Summit, 2024 was  held today at Shangri La, Vasanth Nagar, Bengaluru. The ELCIA Tech Summit 2024 is set to be a unique platform curated to explore disruptive technologies, policy frameworks, and growth opportunities across industries. Designed to be more than a traditional exposition, it is a dynamic confluence of ideas and innovations aimed at igniting transformative change. With the involvement of respected industry partners including IESA (India...
India Global Innovation Connect (IGIC) 2024: Global Leaders from across 17 countries call for Greater Collaboration to foster Technological Innovation in India

India Global Innovation Connect (IGIC) 2024: Global Leaders from across 17 countries call for Greater Collaboration to foster Technological Innovation in India

Business & Finance, News
Global and domestic leaders discuss roadmap to support Digital Transformation & Start-Up Ecosystem in India Bengaluru, June 6, 2024: The 3rd Edition of the India Global Innovation Connect (IGIC) 2024 commenced today in Bengaluru with a powerful start, attracting more than 500 attendees featuring an impressive lineup of global industry leaders across 17 nations, investors, venture capitalists, entrepreneurs from US, Japan, Korea, Germany, Singapore, Israel, Switzerland, France, the UAE and others to engage in technology and business interaction with their peers in India. The inaugural day of IGIC 2024 witnessed key industry leaders from Indian and global startup founders, VC’s and investors, corporate and government leaders, technology and public policy experts under one common plat...
Southern Peripheral Road Emerging as the Heart of Gurugram Real Estate

Southern Peripheral Road Emerging as the Heart of Gurugram Real Estate

Business & Finance, News
Gurugram, Haryana, India May 31, 2024 15:02 IST The Southern Peripheral Road (SPR) in Gurugram is rapidly transforming into one of the most coveted real estate destinations in the National Capital Region (NCR). Spanning 16 kilometres, SPR has become the newest hotspot for both investors and homebuyers, drawn by its unparalleled connectivity, luxurious living options, and promising future prospects. Southern Peripheral Road Emerging as the Heart of Gurugram Real Estate Unmatched Connectivity: The Heart of SPR's Appeal One of the most compelling reasons for SPR's rise as a real estate hub is its unmatched connectivity. This 90-meter-wide road serves as a critical artery linking various key destinations within Gurgaon and beyond. According to the India Real Estate ...
Chennais Amirta Launches International Aviation College in partnership with University College of Aviation Malaysia and Announces Partnership with Birmingham Academy Singapore

Chennais Amirta Launches International Aviation College in partnership with University College of Aviation Malaysia and Announces Partnership with Birmingham Academy Singapore

Business & Finance, News
The Park, Benagaluru – 31 May 2024 –PHOTOS BY P K ANANTH KUMAR Chennais Amirta Group of Institutions, a leading name in hospitality education for 14 years with over 25,000 placements, expands its horizons with two exciting MoUs. The institution hosted a press meet to share the success of global connections to benefit its students with international exposure and earnings. Mr R. Boomeenaathan, the Chairman of Chennais Amirta Group of Institutions proudly shared the details of the Group’s two recent international MoUs titled ‘Forging Global Ties’ with University College of Aviation Malaysia (UniCAM) and Birmingham Academy Singapore. Mr R. Boomeenaathan, the Chairman of Chennais Amirta shared about another landmark international MoU that was signed by him and Mr Ng Joon Peng, the Chairm...