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Aug122024 by FWMNo Comments

StayVista Offers Complimentary Stays to India’s Olympians, Rallying them to #TakeABreak After a Sensational Performance

Mumbai, Maharashtra, India Aug 10, 2024 13:15 ISTIndia’s largest villa rental brand is ready to host our Paris 2024 Olympics heroes for free vacations worth upto Rs. 50 lakhs. Once the games come to a close, StayVista wants to give them something they well and truly deserve after an exhilarating display: A Vacation. The brand is inviting our Olympics participants and their support system - family, friends, training staff or coaches who have made similar sacrifices. It is estimated that the complimentary stays could in the end be worth almost Rs. 50 lakhs.Olympics 2024 at Paris This #YouDeserveABreak initiative by StayVista comes on the heels of a proud and courageous effort by the Indian contingent in Paris. StayVista currently has 850+ villas in their portfolio ac...

Aug82024 by FWMNo Comments

“For Bengaluru to be able to deliver a good quality of life to its citizens, it needs to have legislation that caters to the 21st century opportunities and challenges.”-VR Vachana, Head – Municipal Law and Policy, Janaagraha,

News

The Greater Bengaluru Governance Bill 2024 — Hits and Misses8 August 2024In 2014, the Government of Karnataka constituted the BBMP Restructuring Committee, which was later renamed the Brand Bengaluru Committee (BBC) in 2024. The BBC was tasked with the crucial responsibility of designing a new and modern governance structure for Bengaluru to retain its preeminent position. Accordingly, the Committee has prepared a draft bill which has many forward-looking elements. However, the Greater Bengaluru Governance (GBG) Bill, which was tabled in the Karnataka legislative assembly on 23 July 2024, does not incorporate many progressive aspects of governance which are necessary for building a vibrant, modern Bengaluru in the 21st century.Janaagraha has undertaken an in-depth comparative ...

Aug72024 by FWMNo Comments

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...

Aug62024 by FWMNo Comments

New Balance opens its first store in Bengaluru at Brigade Road

LIFE & ARTS, Lifestyle, News

Bengaluru, 5 August, 2024 – New Balance, one of the fastest growing sports brands in the world, opens its newest retail concept at Brigade Road, Bengaluru. Highlighting its strategic expansion plans under the newly launched Indian subsidiary, New Balance has advanced its presence in several cities since the start of 2024 with Bengaluru being the latest addition to the list. This unique retail concept embodies New Balance at the intersection of sports and culture, catering to professional athletes and lifestyle enthusiasts alike. Spanning over two storeys, the store provides an intuitive and engaging experience, ensuring consumers feel welcomed and inspired. The new store on Brigade Road features a thoughtfully curated selection of performance and lifestyle products including their iconic...

Aug52024 by FWMNo Comments

Brigade achieved Pre-Sales of ₹1086 Crores with the sales volume of 1.15 Mn Sft

Business & Finance, News

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...

Aug52024 by FWMNo Comments

Brigade Group Signs Agreement for a New Office Space on Airport Road, Bangalore.

Business & Finance, News

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...

Jul292024 by FWMNo Comments

Wonderla recorded Second-highest Quarterly Revenue since Inception, Rs.177.47 crores. Surpassed 1 Million Footfalls

Business & Finance, News

Bengaluru - 29th July 2024: Wonderla Holidays Limited, India’s largest and premier amusement park chain, has announced its financial results for the first quarter of the financial year ended June 30, 2024.Highlights:Second highest ever quarterly Revenue and EBITDA since inception. Bangalore Park recorded 3.58 lakhs footfalls, Kochi Park recorded 2.75 lakhs footfalls and Hyderabad Park recorded 2.99 lakhs footfalls. Hyderabad Park recorded the highest-ever Revenue since inception. Kochi Park recorded the second-highest Revenue since inception. The fourth amusement park at Bhubaneswar has started commercial operations with effect from 24 May 2024. Bhubaneshwar Park recorded 0.70 lakhs footfalls. Recorded ARPU of Rs.1,680, a 3% growth YoY. Recorded SPH of Rs.442...

Jul282024 by FWMNo Comments

Bengaluru hosts ‘India International Travel Mart’

LIFE & ARTS, News

Bengaluru, 26th July 2024: India’s leading travel media company, Sphere Travelmedia & Exhibitions has organised the ‘India International Travel Mart’ (IITM) in Bengaluru from 26 – 28 July 2024 at the Tripura Vasini Hall, Palace Grounds.IITM is India’s premier trade exhibition that brings travel, tourism, hospitality, leisure and other related industries under one roof. It aims to bring the industry, face-to-face with the travel trade, corporate buyers and the end-customers. The event will see the participation of travel agents and tour operators, DMC, hotels and resorts, national tourism offices, technology platforms, online travel portals, etc.As IITM celebrates its 25th Anniversary this year, the occasion forms an important business platform. Travel agencies, hoteliers, tour ...

Jul272024 by FWMNo Comments

Hyderabad Homebuyers Opt for Bigger, Costlier Homes – Sales Value Soars 27% vs. 11% Rise in Transactions: Square Yards

News

Aparna Constructions and Estates leads as Top Developer, while Grade-A developers Prestige and Brigade, entered the top-10 list of developers for the highest registered home sales transactions and value.Hyderabad, Telangana, July 25, 2024 – Hyderabad’s residential real estate market has once again showcased its strength, emerging stronger in yet another quarter. The city witnessed a commendable growth in registered home sales transactions both annually (11 percent) and sequentially (4 percent) during the April-June 2024 period, as reported by Square Yards. A total of 19,574 transactions were recorded in IGR, underscoring the city's vibrant real estate activity.In the June 2024 quarter, the registered sales value surged to Rs. 11,953 crore, marking a robust 27 percent increase from ...

Jul262024 by FWMNo Comments

“Hilife Exhibitions has established itself as a leading platform for fashion, lifestyle, and luxury experiences across India and internationally,”- Mr Aby P Dominic, MD & CEO of Hilife Exhibitions.

LIFE & ARTS, Lifestyle, News

Hilife Jewels showcases over 100 top jewellery brands, and famous jewellery designers all under one roof Many jewellery lovers, celebrities, and jewellery lovers grace the grand launch of “hilife jewels exhibition” in Bengaluru one of the most premium jewellery exhibitions in the nation.Over 100 renowned jewellery brands & jewellery designers are part of the 3-day (26th,27th,28th July) hilife jewels exhibition.26th July 2024,Bengaluru:Hilife Jewels, the nation’s most premium jewellery exhibition, is currently captivating jewellery enthusiasts in Bengaluru with an unparalleled showcase of exquisite craftsmanship and dazzling gemstones. The event, which commenced on July 26th, is set to continue its splendour until July 28th at the prestigious Hotel Taj West End. Graced by ...