Business & Finance

24th October, 2024 -  A recent Report by Les Roches Global Hospitality Education alumnus, one of the world’s leading hospitality schools, delves in-depth into the opportunities for investors in the Dubai hotel industry. Notably, UAE is the second country after Saudi Arabia regarding the highest number of projects across the Middle East; Dubai is leading the cities across UAE with 19,200 rooms in the pipeline with 67 projects.The Report ‘A Clear Roadmap for a Hotel Business Investment in Dubai’ highlights that occupancy levels are expected to sustain an upward trajectory, further solidifying Dubai's position in the global hospitality market. Occupancy rates have shown consistent growth, hitting a record 90.8% in February 2024, underscoring the strong demand in the market. Moreover, aver...

A Comprehensive Solution to Manage your Short Term Liquidity NeedsFriday, Sep 20, 2024 15:09:59 | Jana Small Finance BankFirst in the industry with one of the most competitive rates for short term Fixed Deposit for a tenure of 7 to 180 Days with instant liquidity, no exit load, instant overdraft Facilities and availability of partial withdrawal Bangalore, Karnataka, India (NewsVoir)    Jana Small Finance Bank, one of India’s leading small finance banks, today announced the launch of a comprehensive solution “Liquid Plus” Fixed Deposit with attractive interest rate of 6.75% p.a. for tenures ranging from 7 to 180 days. The rate is applicable for the minimum deposit amount of INR 10 Lakhs for retail deposits up to INR 3 Crores and above INR 3 Crores to INR 200 Crores for bulk depo...

Total revenue from operations in Q1 of FY 2024–25 is up by 3.8% over the same quarter of previous year. Profit after tax stood at 10.8% of total revenue from operations. Bengaluru, India – 07.08.2024 Bosch Limited, a leading supplier of technology and services, today posted its total revenue from operations of INR 4,317 crores (481 million euros) in Quarter 1 of FY 2024–25, an increase of 3.8% over the same quarter of last year. This growth is driven by higher demand in the overall automotive market, mainly in passenger cars segment. The Profit Before Tax stood at INR 611 crores (68 million euros) which is 14.1% of the total revenue from operations, an increase of 14.7% over the same quarter of previous year. The Profit After Tax (PAT) stood at INR 466 crores (52 million eu...

Bengaluru, August 5 , 2024: Brigade Group reported a total revenue of ₹ 1,113 Crores and Profit After Tax of ₹ 81 Crores in Q1 FY25. Pre-sales bookings in the real estate segment of Q1 FY25 stood at 1.15 Mn. Sft, with a sale value of ₹1086 Crores. Average realisation stood at ₹ 9,483 per Sft. "Real estate segment continued to be the primary driver of our growth, while other segments made healthy contributions. We believe that our diverse portfolio will help us capitalize on emerging opportunities. We will be holding the 17th edition of our annual event Brigade Showcase from the 9th to 11th August 2024. With the focus largely on sustainability, visitors can expect to learn about our eco-friendly practices, energy-efficient designs, and commitment to creating sustainable living spac...

Bengaluru, August 5, 2024: Brigade Group, through its wholly owned subsidiary, Brigade Tetrarch Private Limited, has entered into a Limited Liability Partnership (LLP) agreement to develop a 1.4 million square feet leasable office space. The proposed commercial development is expected to generate an annual lease income close to Rs. 100 Crores per year, with an investment of close to Rs. 750 Crores. “This project reflects our commitment to develop world-class, sustainable commercial spaces, with amenities that will cater to the new age workforce as well as the dynamic needs of businesses. We are confident that this development will set new benchmarks in the office segment and contribute significantly to the economic growth of North Bangalore,” said Nirupa Shankar, Joint Managing Dire...