Page 9 - Aneeka Chatterjee

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

HexaHealth closes Series A round of $12 mn to redefine India surgical care

Other participants included Enzia Ventures and ITI Growth Opportunities Fund, along with existing investors Chiratae Ventures and Omidyar Network India

Embassy Reit's Q4 FY25 NOI grows 17% amid robust leasing, rent escalations

This surge was fuelled by strong office demand within the Reit's key gateway markets, coupled with healthy leasing activity and rent escalations

Lighthouse invests ₹225 crore in premium occasion wear Kalki Fashion

Founded by Saurabh, Shishir, and Nishit Gupta, Kalki offers premium bridal, festive, and occasion wear for both men and women

Bhartiya Urban plans to launch over 5K apartments under Nikoo Homes brand

The luxury homes will host premium amenities, including a swimming pool, fitness centre, among others

Dr Reddy's Laboratories, Sanofi Healthcare partner for respiratory drug

Under the agreement, Dr Reddy's will have exclusive rights from SHIPL to promote and distribute Beyfortus within the country

Prestige Hospitality Ventures files DRHP to raise ₹2,700 cr through IPO

The proposed IPO comprises a fresh issue of equity shares aggregating up to ₹1,700 cr and an offer for sale of shares worth up to ₹1,000 cr by the parent company, Prestige Estates Projects

Bengaluru leads office space commitment by corporates in Oct-Mar: Anarock

About 10.8 million sq ft of office space pre-committed by corporates nationally: Anarock

Hope on call: In suicide-prone states, telepsychiatry emerges as a lifeline

With suicide rates rising in smaller states, experts say telepsychiatry is bridging critical mental health gaps through digital access, community outreach, and reduced stigma

Syngene Q4 results: PAT down 3%, revenue from ops up 11% to ₹1,018 cr

Bains further noted that after a subdued first half, impacted by a sector-wide downturn in US biotech funding, the second half of the year showed signs of recovery

Hyderabad-based Hearzap announces Rs 8-cr ESOP, to double expansion by FY28

Furthermore, with a projected revenue growth of 20 per cent in FY 2024-25, this initiative would empower team members to build personal wealth while growing with the organisation, the company believes

Bengaluru's luxury apartment sales cross Rs 1,000 cr in FY25, shows data

Hebbal emerged as the frontrunner in Bengaluru's high-end luxury apartment market in the period, commanding 22 per cent of the total sales value