Author: Editor
Mumbai, 15 October 2024 – Private equity investments witnessed a 4% decline in the first half of FY25, primarily due to reduced investments in the offices sector. The total number of deals also declined from 24 (1H FY24) to 17 (1H FY25). Shobhit Agarwal, MD & CEO – ANAROCK Capital, says, “Private equity investments in offices are primarily driven by foreign investors, which have tapered down due to global factors such as geopolitical tensions and elevated interest rates. However, the aggregate numbers and the dominance of foreign investors in Indian real estate remained largely stable due to the ADIA/KKR investment in…
~Launches Home Loans and Loans Against Property for BharatPe’s merchant partners~ Mumbai, October 15, 2024: Aditya Birla Housing Finance (ABHFL), a fully owned subsidiary of Aditya Birla Capital Limited, India’s leading diversified financial services company, announced a strategic partnership with BharatPe, a renowned Indian fintech company to facilitate access to home loans and loan against property for merchant partners. ABHFL is the first housing finance company to partner with BharatPe, offering streamlined access to secured lending through advanced digital solutions, significantly enhancing the user experience. This collaboration enables ABHFL to offer Home Loans (HL) and Loans Against Property (LAP) to over 1. 3 crore…
Mumbai, October 14, 2024 – The Ministry of Skill Development & Entrepreneurship (MSDE) has announced partnership with Meta today for the launch of two initiatives: an AI Assistant for the Skill India Mission and establishing 5 Centers of Excellence (CoEs) in Virtual Reality (VR) and Mixed Reality (MR). Under this, an innovative AI-powered chatbot powered by Meta’s open-source Llama model will be developed, to enhance the learner experience on the Skill India Digital (SID) Portal. By making Meta’s open-source AI models accessible to India’s AI ecosystem, we envision a collaborative e-governance framework for adoption of impactful AI solutions with potential…
ITC Hotels opens the fifth dining establishment of its ground breaking and pioneering brand in reinvented Southern Indian cuisine mosaics ‘Avartana’ at ITC Maurya, New Delhi. The hotel already showcases world renowned, award-winning dining destinations Bukhara and Dum Pukht. Avartana, another globally recognized culinary brand now joins ITC Maurya’s signature food and beverage repertoire. The quintessential elements with the warmth and hospitality of ITC Maurya manifest themselves at this 54-seater restaurant (with a 10 seater Private Dining Room) allowing gastronomic wonders in the interactive kitchens to delight diners at Avartana. Avartana will be open from 7 to 11 pm for…
SKY Embraces His Fashion Vibes with Consumers in Namma Bengaluru Bengaluru, India – October 13, 2024 – The Indian Garage Co. (TIGC) marked a significant milestone with the inauguration of its first-ever Exclusive Brand Outlet (EBO) on Brigade Road, Bengaluru, a prime destination for high-street fashion. The event highlighted a vibrant blend of fashion, culture, and community, heralding a new chapter in the brand’s journey. The opening featured a ceremonial ribbon-cutting led by Anant Tanted, Founder & CEO of The Indian Garage Co., alongside India’s cricket sensation and brand ambassador, Suryakumar Yadav (SKY). This momentous occasion underscored TIGC’s commitment to expanding its footprint in the fashion retail landscape.…
In a firm statement, Iran has pushed back against accusations linking it to Hamas’ devastating October 7 attack on Israel. The denial comes as international attention focuses on the potential involvement of regional powers in the conflict. Iran’s permanent mission to the United Nations in New York addressed recent reports by The New York Times and The Wall Street Journal. These reports suggested that Israel had obtained minutes from Hamas’ secret meetings, implying Tehran was aware of the attack plans. “Any claim aiming to partially or entirely link the operation to Iran or Hezbollah is invalid and comes from fabricated…
In a shocking turn of events, former Maharashtra minister Baba Siddique was fatally shot outside his son’s office in Mumbai’s Bandra East. The 66-year-old NCP leader’s murder has sent waves of disbelief through the political community and beyond. The attack occurred around 9:30 PM when gunmen opened fire on Siddique and an associate. Despite quick medical attention, Siddique succumbed to chest wounds. In a surprising development, the notorious Lawrence Bishnoi gang has claimed responsibility for the assassination through a social media post. This claim is currently under investigation by central agencies. Two suspects have been arrested so far: 23-year-old Gurmail…
The political landscape of Maharashtra is reeling from the shocking news of Baba Siddiqui’s tragic death, a former minister whose life was devoted to public service and community upliftment. This incident, which took place in his son’s office, has not only left a family in grief but has also ignited conversations about the pervasive issues of violence and security in politics. As we reflect on Siddiqui’s life and contributions, it becomes clear that his legacy is one of resilience, compassion, and an unwavering commitment to the people. Early Life: From Humble Beginnings to Political Aspirations Born into a modest family,…
Fireworks in Bengaluru: India’s Cricket Carnival Ends Bangladesh’s T20 Dreams Sanju Samson’s Explosive Century Leads India to Historic 297-Run Total and Series Sweep In a display of cricketing fireworks that lit up Bengaluru’s night sky, Team India delivered a performance for the ages, crushing Bangladesh by a staggering 133 runs in the final T20I of the series. This victory not only secured a 3-0 clean sweep but also etched India’s name in the record books with the highest T20I score by a Test-playing nation. A Batting Masterclass The stage was set when India won the toss and chose to bat,…
34-year-old woman brutally assaulted during festival of feminine power, exposing the chasm between worship and reality In a chilling paradox that has gripped the nation, a horrific incident of sexual violence has cast a dark shadow over India’s capital during one of its most revered festivals. As millions across the country adorned their homes with vibrant decorations and filled the air with devotional songs celebrating Navratri, a 34-year-old woman became the victim of a brutal rape in Delhi, starkly exposing the gulf between divine veneration and earthly reality. The incident, which occurred in the early hours of Friday, has sent…