Page 14 - Aneeka Chatterjee

Blackstone-backed firms invest ₹1,060 crore in Embassy Developments

NCL SG Holdings and Bellanza Developers convert warrants into equity, infusing ₹1,060 crore into Embassy Developments to support a ₹15,000 crore project pipeline

TMRW, LiteStore partner to add 25,000 sq ft in retail over 18 months

The expansion includes exclusive brand outlets, multi-brand stores and premium centres, with brands like Wrogn, Bewakoof and Nobero entering offline retail presence

Biocon Biologics gets six-month extension of insulin supply in Malaysia

Biocon Biologics to continue insulin supply in Malaysia through October 2025 as MoH extends existing contract under partnership with Duopharma and Biocon Sdn. Bhd.

Century to unlock ₹14,000 cr GDV with ₹1,850 cr boost from investors

The funding, led by Ares Asia and SC Lowy, will support both ongoing and upcoming projects in the city across residential and commercial verticals

Aster DM Q4 PAT up 21% at Rs 106 crore, plans to add over 2,100 beds

Aster DM Healthcare posts robust FY25 with 21% PAT growth and plans to add over 2,100 beds to expand total capacity to approximately 7,300 beds

Diageo (USL) Q4 PAT jumps 74.6% to Rs 421 crore, revenue up 2.82%

The total income for Q4 rose 2.82 per cent to Rs 6,809 crore, as compared to the same period the previous year

Embassy Office Parks REIT raises Rs 2K cr via debt issuance at 7.21%

Debt raised for three-year tenor to refinance existing obligations, saving 77 basis points; REIT targets FY26 growth with Rs 24.5-26 distributions per unit

India's tech capital, Bengaluru, still has no answer to rain woes

The city received about 103 millimetres of rainfall over the past 24 hours, according to reports by the India Meteorological Department

5 products to be launched in 18 mths, US insulin mkt share up: BBL MD & CEO

Achieving 15 per cent year-on-year growth, with nearly four biosimilars with $200 million in revenue, is a big feat, says Tambe

Assetz aims to launch Rs 7,500 crore GDV residential projects in FY26

Bengaluru-based Assetz aims to launch Rs 7,500 crore worth of residential projects in FY26 and targets 45% CAGR in pre-sales over three years with IPO plans under review

Realty firm Brigade Group acquires 5.4 acres in Chennai for ₹441.7 crore

Brigade Enterprises acquires 5.41-acre land in Chennai's Velachery for ₹441.7 crore, strengthening its position in the city with a project worth ₹1,600 crore

IWG to launch premium brand Signature, expand India footprint rapidly

IWG to launch its premium brand Signature in India in coming years and aims to add 40-50 centres by 2025, with a focus on Tier II and III cities and strategic acquisitions

Real estate major Puravankara Group's CEO Abhishek Kapoor steps down

Abhishek Kapoor resigns as CEO of Puravankara; group signs JV for 24.59-acre land in North Bengaluru with 3.48 mn sq ft saleable area and ₹3,000 crore development value

Free trade agreement fix: Liquor industry red flags UK maturation norms

According to the UK and European Union (EU) regulations, a spirit must be matured for a minimum of three years in wooden casks to be legally defined and sold as "whisky."

Biocon Q4FY25 results: Consolidated net profit rises 153% to ₹344 crore

Biocon's consolidated Q4 net profit rose 153 per cent to ₹ 344 crore, driven by strong performance across segments; Board approves plan to raise ₹ 4,500 crore

Brigade buys land near ITPL, plans Rs 2,000 cr Bengaluru office project

Brigade Group will develop 1.5 million sq ft of commercial space in Whitefield, Bengaluru, after acquiring 11 acres opposite ITPL, with a GDV exceeding Rs 2,000 crore

Indians seeking newer forms of entertainment activities in malls: CBRE

A CBRE-Invest India survey shows consumers shifting to active formats like VR and trampoline parks, with Gen Z favouring high streets and spending up to Rs 4,000 monthly

Hilton to debut LXR in Bengaluru, double India portfolio in 5 years

Hilton to bring luxury LXR Hotels to India by 2026 and plans to open 29 hotels across key cities, driven by rising domestic tourism and infrastructure growth

Merger between Aster DM, QCIL unlocks operational advantages: Azad Moopen

The merger between Aster DM Healthcare and Quality Care India unlocks clear operational and strategic advantages that will drive growth and better patient care across the combined network

Aster DM acquires 5% stake in QCIL via Rs 849 cr share swap deal

The transaction involved Aster DM Healthcare acquiring 1,90,46,028 equity shares of QCIL from BCP and TPG, the company noted