City Bangalore Financial News

Bangalore, 17th December 2023: India’s most loved meat & seafood brand, Licious, takes forth its endeavour to mark December as the most flavourful month of the year, this time, with a musical twist! The brand has partnered with popular music composer Sneha Khanwalkar to create the ‘Sound of the Season’ - a catchy, groovy sound piece that aptly translates the essence of Licious Decemmmber into beats and notes. The foot-tapping number begins with a gentle reminder that it’s not December, but Decemmmber; and is interspersed with delectable notes of ‘mmmm’ as Licious’ fans are seen relishing their favourite meaty delights.

LIC The Department of Economic Affairs has decided to grant a one-time exemption to Life Insurance Corp to achieve 25% minimum public shareholding (MPS) within 10 years from the date of listing. GMR Airports NIIF will invest up to Rs 675 crore in the upcoming greenfield airport at Bhogapuram, Andhra Pradesh being developed by GMR Airports. Lupin LupinLife, the consumer healthcare business of Lupin, announced the launch of Softovac Liquifibre, a 100% Ayurvedic liquid laxative. Read more: Here's the trade setup for today's session Maruti Suzuki NCLAT adjourned the CCI matter and listed for next hearing on February 2, 2024. Brigade Enterprises Brigade Group leased office space to Sidvin Core-Tech India. The 10-year agreement is for Grade A office space at Brigade Deccan Heights in Northwest Bangalore. MOIL MOIL production has surpassed 16 lakh tonnes on 20 December.

iimcat.ac.in. The CAT 2023 exams were held on 26 November in different centres located in 155 cities across the nation. Earlier, the tentative date for CAT 2023 results was the second week of January 2024.

logistics services provider Delhivery has operationalised its largest gateway in Bhiwandi, Maharashtra one of the biggest logistics hubs in the country, housing warehouses of Amazon, Flipkart, and Samsung. The new terminal consolidates Delhivery's existing operations in Bhiwandi and includes an automated hub, sortation, freight handling, and ecommerce returns operations. In the logistics industry, a gateway is the central point at which freight moving from one region to another is interchanged between transport vehicles heading into different directions.

DreamSetGo, unveiled the first edition of its year-end sports wrap-up report — DreamSetGo’s Sports Travel Index 2023. In 2023, DreamSetGo facilitated over 7500+ sports travelers across 14 global sporting events, a 30% increase since the pandemic. This indicates an increased appetite amongst sports travel and luxury experiences, the company said.

The dedication ceremonies were held on 6th November in Bangalore and 8th November in Hyderabad. In attendance, among many leaders from both companies, were Accenture’s Brian McKillips, Senior Managing Director and Growth and Strategy Lead for Enterprise and Industry Technologies; Raghavan Iyer, Senior Managing Director, Accenture Advanced Technology Centers; Sanjeev Narsipur, Managing Director, Accenture’s Enterprise & Industry Technologies group; Steve Ambo, Managing Director and Lead of the Blue Yonder practice at Accenture; and Blue Yonder’s Chief Executive Officer Duncan Angove and Chief Technology Officer Salil Joshi, who all helped cut the ribbons on the two new centers.

Mitchell Starc is on cloud nine. The Aussie fast bowler cum batsman recently landed the deal of a lifetime. He became the most expensive player in the IPL (Indian Premier League) auction history.

Premier League (IPL) being held in Dubai’s Coca-Cola Arena. Cummins, also Australia’s cricket captain, was sold first to Sunrisers Hyderabad for a record-breaking ₹20.5 crore. But soon enough, he was pipped to the peak by mate Starc, who went to Kolkata Knight Riders for ₹24.75 crore after a mighty bidding war with Gujarat Titans.

Premier League (IPL) as the most expensive player in history. Kolkata Knight Riders secured his services with a whopping bid of Rs 24.75 crore in Tuesday's players' auction. Starc surpassed the previous record held briefly by Australia captain Pat Cummins, who was bought by Sunrisers Hyderabad for Rs 20.50 crore.

₹143.4 crore. This includes 14 overseas players. Considering the list of expensive players auctioned this year, this time 7 overseas players were the favourites, and only 4 Indian players were bagged for over ₹5 crore mark.

IPL auctions 2024: Money is raining in Dubai. As some of the best cricketers go under the hammer at the IPL auction 2024, IPL teams can't stop themselves from raising the peddle. At the IPL auction 2024, some intense bidding war was in play with franchises bringing all their negotiating strategies to the table.

IPL auction 2024: The mini-auction of the 2024 season of the Indian Premier League (IPL) is set to be conducted on Tuesday in Dubai at the Coca-Cola Arena. In total 333 players will go under the hammer and the teams will spend around ₹250 crore to fill the 77 available slots in their team. The IPL auction 2024 is expected to witness some intense bidding war and the performances of players in the ICC World Cup 2023 will surely be accounted for.

Colliers India has elevated Arpit Mehrotra as Managing Director, Office Services for India. Mehrotra, who presently serves as the Managing Director, South India has expertise in office transactions, lease negotiations and tenant representation.

Josh Hazlewood, who has been tipped to create ripples in auction room, will be available for IPL 2024 only from the first week of May, as per the BCCI intimation to the teams. Hazlewood, who played an integral role in Australia's recent ODI World Cup win, will be away in March and April as the pacer and his wife are expecting their first child. Hazlewood, who was released by the Royal Challengers Bangalore, has been bracketed in the top-of-the-line Rs 2 crore base price category in the player auction to be held in Dubai on Tuesday.

private equity investor InvAscent, through India Life Sciences Fund IV, has invested $10 million to acquire a minority stake in ABI Health Technologies Private Limited Ltd, a health-tech Software as a Service (SaaS) company headquartered in Bangalore. Founded in 2018 by Ajit Veerappan, ABI is a health-tech SaaS business which provides technology solutions to hospitals and diagnostic Labs. The company’s product, ClaimBook, helps a hospital to automate its entire health insurance claims management process, improving revenue cycles while reducing revenue leakage.

Nirupesh Joshi and Mercy Amalraj were high-flying technology consultants, earning handsomely, with successful stints in Boston, Seoul and Hong Kong until 2018. One fine day the couple gave it all up, got into entrepreneurship in an entirely alien area: the world of mechanical watches the couple had all along been fascinated by.They landed in Bengaluru, the ground-zero of wrist watches and startups. “A watch carries memories through generations.

kea.kar.nic.in from 11.00 am to 4 pm on December 18 to 4.00 pm (during post office working hours). Karnataka Examinations Authority said that further chance will not be given to register for KSET-2023, adding that candidate applying through this special window will be allocated to only Bangalore examination centre. «Many of the candidates are requesting to extend the registration date for Karnataka state eligibility test (KSET)-2023. Detailed notification with regard to submission of online application, syllabus, application submission link and such other information may be obtained from the KEA website,» Karnataka Examinations Authority said in the notification. To access the Karnataka Examinations Authority notification click here

Premier League 2024, reports arrived on 16 December that Delhi Capitals had approached MI to trade Rohit Sharma ahead of the IPL 2024 season. According to a report by CricTracker, which cited Sports Today, the Delhi Capitals are looking for a senior player to lead their side in the upcoming season, as their regular captain Rishabh Pant was supposed to play as an Impact Player. Amid the MI rejected the offer by DC, Pant will have to lead the squad, which is returning after a brutal car accident.

Bengaluru next month, with its vice president of engineering Srinivas Narayanan, to discuss issues related to artificial intelligence (AI) product and safety, the US-based company’s vice president of global affairs Anna Makanju said on Tuesday. “Countries like India are critical to AI’s future, and India has the most critical ingredients…some of the most impressive technology talent in the world, a track record of developing impressive technology businesses and a focus on competing on the global stage,” she said.

PTI quoted a State govt official as saying. According to details, Prime Minister Narendra Modi, Union Home Minister Amit Shah, BJP chief JP Nadda, and other leaders of the party are expected to be presented at the ceremony. The former Union Minister and Bharatiya Janata Party (BJP) leader Vishnu Deo Sai was chosen as the new Chief Minister of Chhattisgarh by the party.

home loan EMIs have been pivotal factors in convincing tenants to invest in their own homes. The report also threw light upon the continued reliability of the real estate sector for investment among Indians. In the survey, it was found that 74% of respondents found real estate as a better option to invest in compared to other options like gold, bitcoin, etc.