Saturday, August 29News That Matters

Business & Finance

Aurum PropTech to Host ‘India PropTech Summit – 2024’ in Mumbai

Aurum PropTech to Host ‘India PropTech Summit – 2024’ in Mumbai

Architecture, Business & Finance, Home Improvement, LIFE & ARTS, Lifestyle, News
The event will spotlight technology opportunities across Rental, Distribution and Capital Mumbai, Maharashtra, India (NewsVoir) Thursday, Nov 14, 2024 17:11:47Aurum PropTech shall be hosting their Analyst Day ‘India PropTech Summit- 2024’ in Mumbai. The forum shall bring together key analysts, industry stakeholders and Aurum PropTech leaders across India to deliberate on Property Technology opportunities across Real Estate - Rentals, Distribution and Capital. To be held on 2nd December 2024 in Mumbai at the Jio Convention Centre, the event shall highlight Aurum PropTech’s commitment to driving technology-led disruption and shaping the future of real estate. Market, Industry, and Technology Analysts from leading firms have been invited to join Aurum PropTech leaders, entrepreneurs, an...
Canara Bank Hosts Retail Expo in Bengaluru

Canara Bank Hosts Retail Expo in Bengaluru

Business & Finance
Bengaluru, 14 November 2024: Canara Bank hosted a successful two-day Retail Expo on November 13th and 14th, 2024, at Manyata Tech Park, Bengaluru, showcasing a wide variety of real estate projects and home loan offerings. The event was inaugurated by  Mahesh M Pai, the esteemed Bengaluru Circle Head and General Manager of Canara Bank, along with Mr. Shekhar H K, Senior Vice President of Shriram Properties, and Mr. Rohit Mehta, Director of Svamitva Group. A total of 42 prominent builders and 12 car dealerships participated, exhibiting their latest property developments and automotive offerings. This unique event gave customers the chance to explore a range of residential projects and connect with leading developers—all in one place. The event was further enriched by the presence of Canara ...
LG Unveils “PROFESSIONAL LAUNDRY” Lineup for Commercial Market at Texcare 2024

LG Unveils “PROFESSIONAL LAUNDRY” Lineup for Commercial Market at Texcare 2024

Business & Finance
Equipped With Cutting-Edge AI Technologies, the Company’s Large-Capacity Commercial Washers and Dryers Deliver Excellent Energy EfficiencySEOUL, Nov. 7, 2024 — LG Electronics (LG) is showcasing its PROFESSIONAL LAUNDRY lineup at Texcare International 2024, a global B2B laundry and textile care exhibition, held in Frankfurt, Germany, from November 6-9. Prioritizing energy efficiency, the new lineup features a variety of large-capacity solutions, including 30-kilogram washers and dryers, as well as a washer-dryer combo with heat pump, offering a maximum capacity of 25 kilograms for washing and 16 kilograms for drying. With the launch of its PROFESSIONAL LAUNDRY lineup, LG aims to strengthen its position in the commercial laundry market, both in Europe and worldwide.LG’s compreh...
Majority of Homebuyers Expect a 6-15% Rise in Property Prices Over the Next Year: Magicbricks Survey

Majority of Homebuyers Expect a 6-15% Rise in Property Prices Over the Next Year: Magicbricks Survey

Business & Finance, News
Bengaluru, 29th October 2024 :  Magicbricks, India’s leading real estate platform, highlights an increasing inclination towards residential real estate as a favored investment option. According to the platform’s latest survey of high-intent homebuyers, those with annual household incomes between INR 20-30 lakh are showing the strongest preference for purchasing homes, signaling rising aspirations within the middle-income segment. These buyers are mainly considering investments in the INR 75 lakh to 1 crore range. Survey results indicate that a majority of homebuyers expect property prices to rise by 6-15% over the next 12 months, citing capital appreciation and rental yields as key motivators. Among respondents, 35% view return on investment (ROI) through property appreciation as their pr...
Immense potential for investors in Dubai’s Hospitality sector as 19,200 rooms already in the Pipeline: Les Roches Alumni Report

Immense potential for investors in Dubai’s Hospitality sector as 19,200 rooms already in the Pipeline: Les Roches Alumni Report

Business & Finance, News
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...
Emaar India announces its entry in the Maharashtra Market Introduces Casa Venero, Ultra-Luxury Project in Alibag

Emaar India announces its entry in the Maharashtra Market Introduces Casa Venero, Ultra-Luxury Project in Alibag

Business & Finance, News
Bengaluru, 21st October 2024 : Emaar India the Indian business entity of the globally renowned brand Emaar, famous for developing Burj Khalifa, is now entering the Mumbai market with an offering in Alibag. The company will be introducing a coveted villa - only destination for the who’s who of Mumbai- the financial capital of India.  It will soon be launching its first ultra-luxury villa project, The Casa Venero in Alibag, Maharashtra. The company has set up their sales lounge in the Oberoi. Located just 20 mins away from the Mandwa jetty in, Alibag, this project will be the epitome of finesse & pure leisure, a heavenly abode far away from the hustle-bustle of the city.  Casa Venero is set to redefine new standards of luxury living, with its exquisite design, myriad of opulent element...
“We are actively working to announce our Phase II expansions within the next 9 months and achieve our interim milestone of 75 MnT by FY28.”-Mr. Puneet Dalmia, MD& CEO – Dalmia Bharat Limited,

“We are actively working to announce our Phase II expansions within the next 9 months and achieve our interim milestone of 75 MnT by FY28.”-Mr. Puneet Dalmia, MD& CEO – Dalmia Bharat Limited,

Business & Finance
Optimistic about the India Growth Story  Q2 FY25 HighlightsVolume increased 8.4% YoY to 6.7 MnT EBITDA/T stood at Rs 650/T Renewable Energy consumption increased to 39%[1] Executed Renewable Power Agreements under Group Captive for 151 MW cumulatively (in addition to 127 MW already executed earlier) Net Debt to EBITDA stood at 0.25xBengaluru, 21st October 2024 :  Dalmia Bharat Limited, (BSE: 542216, NSE: DALBHARAT), a leading cement manufacturing company, reported its consolidated financial results for the quarter ended September 30, 2024.Financial Highlights for the Quarter and half year ended September 30, 2024(Figures in Rs. Crores)ParticularsQ2FY25Q2FY24YoYH1FY25H1FY24YoYSales Volume (MnT)6.76.28.4...
Jana Small Finance Bank Introduces “Liquid Plus Fixed Deposit”.

Jana Small Finance Bank Introduces “Liquid Plus Fixed Deposit”.

Business & Finance, News
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...
Inventure Academy & Prestige Estates Projects Ltd (PEPL) partner with Government of Karnataka to transform more Government schools

Inventure Academy & Prestige Estates Projects Ltd (PEPL) partner with Government of Karnataka to transform more Government schools

Business & Finance, LIFE & ARTS, Lifestyle, News
Bengaluru, India, 20 August 2024:Inventure Academy, awarded School of Year all India by EducationWorld,, today announced a significant expansion of its partnership with the Government of Karnataka to adopt three more government schools. In collaboration with Prestige Estates Projects Ltd, this initiative aims to replicate and build on the transformative impact achieved at Ramagondanahalli Government School (RGHalli), which Inventure adopted in 2019.The newly adopted schools will benefit from Inventure’s proven model of comprehensive school development. This includes a robust focus on developing a meaningful and relevant vision that the community believes in, faculty recruitment and development, innovative curriculum and pedagogy, and the implementation of Inventure’s signature prog...
Bosch Limited registers 14.1% profit before tax in Q1 FY 2024-25

Bosch Limited registers 14.1% profit before tax in Q1 FY 2024-25

Business & Finance, News
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...