Tuesday, February 17News That Matters

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High priority for integrated waste management: BBMP administrator.

High priority for integrated waste management: BBMP administrator.

News
Mr. S.R. Umashankar, Administrator said that under the scope of BBMP, more priority is being given to comprehensive waste management and many projects are being undertaken for it. He was addressing a two-day workshop on "Climate Action" in collaboration with BBMP C40 cities at Room No. 419 of Vikas soudha. With a view to eliminate the problem of solid waste in the city, many initiatives have been adopted and work is being done to implement them all. He said that the state government has identified 50 to 100 acres of government-owned land in the four directions of the corporation for integrated waste management, and the process of handing over the said land to the corporation is underway. Mandatory segregation of raw and dry waste should be done in the city. He said that a waste-to-ener...
Hisense Group President Presents Strategic Roadmap for Company’s Future Success

Hisense Group President Presents Strategic Roadmap for Company’s Future Success

Home Improvement, News, Technology
QINGDAO, China, July 14, 2024 /PRNewswire/ -- Hisense, a global leader in home appliances and consumer electronics, today unveiled its ambitious growth plans at its Partner Conference in Berlin, held just ahead of the EURO 2024™ finals. Fisher Yu, Hisense Group President, delivered a keynote address titled "Beyond Champion, Beyond Glory" outlining strategic upgrades focused on brand elevation, scenario-driven products and services, industrial structure optimization, and a commitment to further global expansion. Hisense introduced multi-brand strategy Fisher Yu, President of Hisense Group, delivered the keynote address titled "Beyond Champion, Beyond Glory" Hisense strategic upgrades in brand, scenarios, industrial structure and globalization Marking its thir...
Q2 2024: Received the Highest Institutional Investments in a Quarter Post-Pandemic, Dominated by Foreign Investors – Vestian

Q2 2024: Received the Highest Institutional Investments in a Quarter Post-Pandemic, Dominated by Foreign Investors – Vestian

Business & Finance, News
New Delhi, 13th July 2024: The second quarter of 2024 witnessed institutional investments of USD 3.1 Bn, registering a sharp increase of 96% over the same quarter a year ago and 464% over the previous quarter. As the world economy is stabilizing amid geopolitical challenges, investors actively participated, resulting in the highest institutional investments in a quarter post the pandemic. Quarters Institutional Investments (USD Bn) Quarterly Change (%) Q2 2023 1.6 28% Q3 2023 0.7 -57% Q4 2023 0.8 18% Q1 2024 0.6 -31% Q2 2024 3.1 464% Source: Vestian Research Foreign investors accounted for the highest share, 71%, of the total investments received during the second quarter of 2024 as they flocked to India to capitalize on its robus...
Mumbai MMR sets new benchmark with average registered home sales value reaching ₹94 lakh in June quarter: Square Yards

Mumbai MMR sets new benchmark with average registered home sales value reaching ₹94 lakh in June quarter: Square Yards

Business & Finance, News
v  Lodha Group Leads Among Top Developers with Highest Registered Home Sales Value, Birla Estates Climbs to Third Spot  Mumbai, Maharashtra, July 15, 2024 – The Mumbai Metropolitan Region (MMR) has recorded an unprecedented surge in average registered home sales value in the second quarter of 2024, according to the latest report by Square Yards. The average registered home sales value basis the IGR data, analysed by Square Yards, reached a record-high of Rs. 94 lakh, reflecting a 10% YoY growth, despite a decrease in the total number of registered transactions in the region. In the June 2024 quarter, a total of 50,025 residential real estate transactions were registered across Mumbai MMR, amounting to a registered sales value of Rs. 46,833 crore. Although there was a 6% drop in the o...
Ramaiah Memorial Hospital Signs Long Term Collaboration Agreement with the Mount Sinai Health System

Ramaiah Memorial Hospital Signs Long Term Collaboration Agreement with the Mount Sinai Health System

LIFE & ARTS, Lifestyle, News
New York for Specialty Care Development and Quality and Technological Advancements  Collaboration between the two leading healthcare providers is aimed at benefiting patients in India and across the region  Bangalore, India July 12, 2024: Ramaiah Memorial Hospital (RMH), one of India's leading multi-super-specialty quaternary care hospitals based at Bengaluru, Karnataka, has signed an exclusive agreement with the New York-based Mount Sinai Health System today, marking the beginning of a transformative partnership that aims at advancing healthcare services through collaborations in clinical excellence, quality of care, research, innovation and technology. The collaboration, formalized through a long-term a collaboration agreement, reinforces the commitment of both institutions by ...
Technology Unbound at BTS 2024

Technology Unbound at BTS 2024

Business & Finance, News
3-day event celebrating Innovation and Global Collaboration - Event to be held from 19-21 November 2024 - Chief Minister Hosts Interactive Breakfast Meet with 200+ CEOs and Leaders from prominent Tech Sectors Bengaluru, 12th July 2024 :  Priyank Kharge,   Minister for Information Technology & Biotechnology and RDPR, Government of Karnataka, announced the 27th edition of Asia’s largest Technology Show, Bengaluru Tech Summit (BTS) 2024, at a Press Conference held in Bengaluru. Scheduled from November 19-21 2024 at the iconic Bangalore Palace, BTS 2024 will once again position Bengaluru at the forefront of global tech innovation & collaboration. Ahead of this press conference, a Breakfast Meet was held where  Siddaramaiah,  Chief Minister of Karnataka, engaged in an interactive...
Mumbai’s Rs 10 Crore and above luxury residential units clock highest-ever half-yearly sales of Rs 12,300 crore in H1 CY24

Mumbai’s Rs 10 Crore and above luxury residential units clock highest-ever half-yearly sales of Rs 12,300 crore in H1 CY24

News
Rs 3,500+ Cr. highest-ever recorded sales value in secondary/resale market in Mumbai with growth rate of 37% in H1 CY’24 compared to H1 CY’23. The top luxury micro-markets in Mumbai—Goregaon East, Worli, Mahalakshmi, Prabhadevi, Mumbai Central, Malabar Hill, Bandra West, Lower Parel, Tardeo, Byculla—have contributed to 80% of primary luxury sales by value in H1 CY’24. More than half of homebuyers in the more than Rs 10 Crore luxury market belong to the 35-55 age category. Mumbai, July 11, 2024— Sales of luxury homes costing Rs 10 crore and above in Mumbai have risen 8% making another new high of Rs 12,300 crore in H1 CY’24, compared to Rs 11,400 crore in H1 CY’23, according to a report by India Sotheby’s International Realty and CRE Matrix. The report, “Mumbai Luxury Housing...
South India’s Data Centre Market to Witness 65% Capacity Growth by 2030; fueled by Chennai, Bangalore, and Hyderabad

South India’s Data Centre Market to Witness 65% Capacity Growth by 2030; fueled by Chennai, Bangalore, and Hyderabad

News
Bengaluru, India, 11th July 2024:  South India's data centre market is on an impressive growth trajectory, with major cities like Chennai, Bangalore, and Hyderabad at the forefront. This surge is supported by substantial government incentives, strategic infrastructure investments, and a rising demand for digital services. The region is poised to play a crucial role in the global data centre landscape, with capacity projected to grow 65% by 2030. Significant Capacity Expansion As of now, the combined installed data centre capacity in Chennai, Bangalore, and Hyderabad stands at approximately 200 MW. This foundation is set to be significantly bolstered, with 190 MW currently under construction and an additional 170 MW planned. These developments are expected to increase the total capaci...
AirAsia brings “cinematic in-flight” experience to Indian Theaters

AirAsia brings “cinematic in-flight” experience to Indian Theaters

LIFE & ARTS, News
 AirAsia presently operates 22 direct routes from India to Malaysia and Thailand, with four more to commence soon  The airline is bringing an innovative “cinematic in-flight” experience to 130 cinemas across 12 cities in India where movie-goers have the exciting chance to win flights to any of its 130 destinations INDIA, 9 July 2024 – AAirAsia, the World’s Best Low Cost Airline for the 15th consecutive year, invites travellers from India to discover the hidden gems of Asia and Australia and beyond through its robust network that will soon connect 16 cities in India to over 130 destinations across its network via Malaysia and Thailand. In line with its expansion, AirAsia will bring an innovative “cinematic in-flight” experience for movie-goers to sel...
“CII Karnataka Real Estate Conclave 2024 spotlights on Inclusive, Sustainable and Integrated Urban Excellence”

“CII Karnataka Real Estate Conclave 2024 spotlights on Inclusive, Sustainable and Integrated Urban Excellence”

Business & Finance, News
Bengaluru, 10 July 2024: CII Karnataka organized the 1st edition of the CII Karnataka Real Estate Conclave 2024 “Karnataka Horizon: Navigating Real Estate Excellence in the South” today at Bengaluru.  The conclave took up key themes of sustainable urban development, the pivotal role of connectivity in urban growth, unlocking Karnataka's real estate potential through future mobility, the impact of ESG considerations on real estate development, and innovative investments in Karnataka's real estate through smart living and integrated townships, as the State continues to remain a beacon and hub for industrial activity. "Completing Phase 2 of Bengaluru's Yellow Line metro network, by end of this year marks a pivotal step toward enhancing urban mobility. We are anticipating a significant increa...