Friday, October 18News That Matters

Business & Finance

TTK Prestige launches Endura Pro Mixer Grinder in Pai International Electronics Ltd, Indiranagar, Bangalore

TTK Prestige launches Endura Pro Mixer Grinder in Pai International Electronics Ltd, Indiranagar, Bangalore

Business & Finance, News
TTK Prestige launched the Endura Pro to revolutionize the Indian kitchen Bangalore, 19th January 2024 - TTK Prestige, India's leading kitchen appliance company, has launched its latest innovation, the Prestige Endura Pro Mixer Grinder. The launch event took place on 18th January 2024 at Pai International Electronics Ltd, Indiranagar, in Bangalore. The Prestige Endura Pro is all in one Mixer Grinder with 14 functionalities, powered by 1000W motor made of pure copper and equipped with ball bearings, the Endura Pro ensures efficient performance, minimal noise, and a longer motor life. 14 functionalities - include Wet Grinding, Dry Grinding, Chutney making, Juicing, Blending, Chopping, Atta Kneading, Thick Shredding, Thin Shredding, Adjustable Slicing, Mincing, Citrus juicing, Finger...
Discover Your Dream Home at the Mega Property Expo in Bengaluru

Discover Your Dream Home at the Mega Property Expo in Bengaluru

Business & Finance
Bengaluru, January 20, 2024: The vibrant city of Bengaluru, known for its beautiful weather and cosmopolitan culture, is set to host a Mega Property Expo  presented by SBI Home Loan. This two-day extravaganza will take place on January 20 and 21 at the State Bank of India, Local Head Office, 65, St. Mark’s Road, Bengaluru, from 10:00 am to 7:00 pm. Bengaluru has been a magnet for people nationwide and from abroad, drawn to its fantastic facilities, rapid development, and employment opportunities. The real estate sector, which faced a brief lull during the pandemic, is now on a robust comeback trail. The city's skyline is dotted with malls, IT parks, townships, and commercial establishments, making it an ideal destination for those seeking a new home or investment opportunity. htt...
Pre-fixed auto counter opened at LuLu Mall Bengaluru

Pre-fixed auto counter opened at LuLu Mall Bengaluru

Business & Finance, News, World
The new initiative aims to provide a convenient and efficient transportation option for the customers, while also promoting safety and transparency in the auto-rickshaw service Bengaluru: To ensure hassle-free shopping, LuLu opened a pre-fixed auto counter at LuLu Mall, Rajajinagar, on Friday in association with the city traffic police. Anita Haddannavar, DCP, Traffic West Division, inaugurated the new counter at the mall in the presence of Ramesh GR, ACP Vijayanagar, Santhosh Kumar, Inspector Magadi Road Traffic Police Station, and other dignitaries. The new initiative provides better connectivity for customers without any hassle. Customers can easily catch autos from these kiosks at pre-fixed rates. It ensures services to 520 points, including Neelasandra, Adugodi, Airport HAL...
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 KUMAR Karnataka 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.Lend Speaking 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, ...
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 o...

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...

India’s Retail Inflation 5.69 per cent in December 2023

Business & Finance
CONSUMER PRICE INDEX NUMBERS ON BASE 2012=100 FOR RURAL, URBAN AND COMBINED FOR THE MONTH OF DECEMBER 2023 12 JAN 2024 5:30PM by PIB Delhi The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) is releasing All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of December 2023 (Provisional) in this press note. CPIs for Sub-Groups and Groups for both All India and all States/UTs are also being released. The price data are collected from selected 1114 urban Markets and 1181 villages covering all States/UTs through personal visits by field staff of Field Operations Division of NSO, MoSPI on a weekly roster. During the month of Decemb...

Hyderabad registers residential sales of Rs 9497 crores in Oct-Dec quarter; Aparna Construction and Sumadhura Infracon lead in volume and units sold

Business & Finance
Hyderabad, 12th Jan, 2023: In a robust display of economic activity, Hyderabad witnessed a surge in residential sales, recording an impressive 16,808 transactions in Q4, 2023 amounting to a substantial Rs 9497 crores, according to IGR data sourced by Square Yards. Top Developer - Hyderabad (Q4' 2023) - Primary   Developer Name Total Sale Value in Cr. No. of Transaction 1 Aparna Constructions And Estates 510 621 2 Sumadhura Infracon 196 145 3 Myscape Properties 153 115 4 BSCPL Infrastructure 126 104 5 Cyber City Builders and Developers 122 106 6 Candeur Developers And Builders 113 126 7 Incor Infrastructure 107 90 8 DSR SSC Builders And Developers 101 49 9 Sri Aditya Homes 96 58 10 Koncept Ambience ...