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Mantri Developers, one of the leading real estate developers in India, has appointed Bharat Dhuppar as the new Chief Marketing Officer. Dhuppar will be stationed at the Mantri Developers’ corporate office in Bangalore and will be responsible for marketing, brand visibility, sales and business growth. Dhuppar holds a Bachelor Degree in ...

[photo:listing:1997069:1:Medium]Real estate sector in the country will witness a prolonged and robust demand. According to a report by global realty consultation firm Cushman & Wakefield, the pan-India residential demand for 2009-2013 could be around 7.5 million units and that for office space at 196 million sq ft. The Cushman & ...

Provident Housing, a fully-owned subsidiary of the Bangalore-based Puravankara Group, is learnt to have bought a 62-acre land parcel in the outskirts of Bangalore. The deal is believed to have been struck for a value of Rs 150 crore. A person involved in the deal said the company is planning a low-cost housing project. The deal between Provident ...

Sobha Developers Ltd is working hard to raise about Rs 1,200-1,400 crore by selling part of its land parcels in a bid to reduce its outstanding debt. The developer has a time line of around two years to raise funds and is looking at outright sale or by selling stake to private equity investors. The cost of acquisition of the land that ...

Property prices and rents in India may be poised for a ``major correction'' as supply of affordable housing remains limited and office space exceeds demand, according to Goldman Sachs Group Inc. Prices and rents in some regions could fall as much as 30 percent, Goldman said in a report today. Retailers may find it tough to remain ...

ANZ National Bank Ltd., New Zealand's biggest lender, plans to move some operational and processing work to Bangalore over the next 18 months.By the end of 2009 about 5 percent of the bank's work will have moved to the Indian city, Wellington-based ANZ National said today in a statement e-mailed to Bloomberg News. Bank unions estimate ...

Citigroup’s real estate arm is set to invest around Rs 400 crore ($100 million) in Bangalore-headquartered Golden Gate Properties for about 10% stake, sources said.The deal is expected to value the tier-II real estate firm at a little over $1 billion. This marks Citigroup’s back-to-back deals in the domestic real estate space in the ...

Software giant Infosys Technologies has acquired 300 acres of land near Sarjapur in Bangalore at market prices to build a second campus in the city. Bangalore, the company's largest centre, is expected to seat 25,000 employees by March this year.According to news reports, the company has bought the land directly from the market without state ...

SAP TechEd ’07 will take place in Bangalore on November 28-30. SAP TechEd '07 Bangalore is SAP's premier educational event offering over 450 hours of instructor-led hands-on workshops and demo-rich lectures in three jam-packed days. Featured topics include Duet, SAP NetWeaver MDM, SAP xApp Analytics, and SAP NetWeaver Composition ...

Infotech Enterprises Ltd has launched its global technology centre in Bangalore. The new facility was inaugurated by Mr. Louis R Chenevert, President and COO of United Technologies Corporation (UTC). The new five-storied facility was built on two basement floors with an investment of Rs 40 crore. The centre has a built up area of 2.40 lakh sq ft. ...

There is a school of thought that says that if you are going to get something done properly, then you have to do it yourself. It is a principle at the heart of many a great business and it is one that Ramakrishna Karuturi knows well, one that this week has made him the world’s largest cultivator of roses. He has risen to the top of the rose ...

Going by this News which appeared in CNN Money, it looks there is something really BIG waiting for Bangaloreans, do you have any information about this, pleas share with us out here, just enter you name and put all that you have to say about this. any related links are most welcome."India's DLF Ltd said it has won a contract for a ...

In4velocity Systems, a Bangalore-based real estate and property development software firm, has bagged a lucrative deal valued at Rs 30 million from Omniyat Properties of Dubai. As part of the Omniyat Holdings group, Omniyat Properties is a privately held real estate investment and development firm in the UAE. Headquartered in Dubai, ...

Bangalore based Realty major Sobha Developers Limited (SDL), has entered into retail space with the launch of Sobha Restoplus. The product would be manufactured in-house, at the Company’s 3,60,000 sq ft unit located in Bommasandra, Bangalore. The production unit has a capacity of manufacturing 200 units of spring mattresses per day. The ...

German software firm SAP has opened a new facility in Bangalore with a capacity to seat over 2,000 employees as part of its future strategy. "This new facility is both a sign of SAP's acknowledgement of the breadth and quality of work being delivered by our colleagues in India, and our commitment to deepen our ...

To expand the company’s presence in India and accelerate developmental enhancements to its data center and management solutions for global markets, Brocade announced on August 1, 2007, the opening of a world-class research and development facility in Bangalore. Brocade, provider of networked storage solutions that help ...

BANGALORE, JUNE 22:  S Gopalakrishnan on Saturday took over as Chief Executive Officer of Infosys Technologies Ltd from Nandan M Nilekani, who assumed charge as Executive Chairman of the Bangalore-based IT major.   Shareholders approved senior management changes -- announced by the Board of Directors in April -- in the 26th ...

Bangalore, India, May 13, 2007 - Printo, India’s first retail printing brand, announced the launch of its 4th and largest Bangalore store at Whitefield. The Whitefield outlet is 4th in a chain of 200 stores which the company will roll out across India over the next three years. The next store is expected in Malleswaram by end May. ...

Bangalore, India, April 10, 2007 – Ascendas, Asia’s leading business space provider, celebrated today the 10th anniversary of its flagship project in India, the International Tech Park Bangalore (ITPB). It also inaugurated the Park’s 6th building, the Navigator. To date, over S$330 million (US$220 million) have been ...

BANGALORE: In a bid to expand its offline presence in the country, travel portal MakeMyTrip.com (MMT) today announced the launch of its Bangalore office. According to MMT founder and CEO Deep Kalra, people still prefer buying holiday packages offline although the online travel business had grown threefold in the last one year to Rs 54 ...

Taj Group of Hotels has announced that they are going to invest about Rs 1,000 crore for developing four hotels in Bangalore. The company has also submitted an expression of interest (EoI) on their plans to build a world-class hotel in Delhi. Sumit Guha, vice president (development), Indian Hotels said in a statement on their plans: ...

As star hotel room tariffs skyrocket and getting a room becomes more and more difficult, a new genre of serviced apartments has emerged as a cost effective alternative for business travellers to Bangalore.  These apartments offer the flexibility associated with short-term accommodation, avoiding long-term commitments and largely cater to ...

By Steve Ranger,, ZDNet Asia Away from the giant gleaming campuses that house thousands of IT workers across Bangalore, it's possible to find smaller, more thoughtful operations staffed by academics and top technical experts.While India may have built its reputation on low-cost IT services, now companies want to tap that skills pool for ...

Bangalore, April 04: With an aim to address the growing demand from India-based business partners, IBM Tuesday announced the opening of a new autonomic computing technology center here. The new development center was created to meet the overwhelming demand from domestic business partners and customers for technology and systems that are ...

NEW DELHI, APR 4 :  European Aeronautic Defence and Space Company (EADS) plans to open a technology centre at the new Bangalore airport by the end of 2008. According to company officials, the centre will employ around 2,000 professionals. The technology centre will bring both EADS subsidiaries and Indian partners under the same roof, ...

Hyderabad-based dairy products firm, Heritage Foods announed plans to set up at least 30 retail stories under the brand - `Fresh@` - by the end of 2007 in Bangalore, a part of it Rs 1.5 billion plan to invest in retail operations in South India, reports Business Standard. On Thursday, the firm announced,  opening of retail stores in ...

Tuesday, March 27, 2007 NEW DELHI: The Commonwealth Business Council (CBC) is working on a proposal for developing Uganda as Bangalore of Africa. The CBC is also taking initiatives for setting-up of a state-of-the-art IT Park in the African country, apart from drafting an IT Policy framework. According to a recent CBC report, Uganda is best ...

OMS (Optimum Media Solutions), the independent media arm of the Mudra Group, has bagged the media duties for the Bangalore based realty major, Sobha Developers. The company was set up by PNC Menon in 1995; Menon is a real estate player in West Asia and has several major projects to his credit. The company’s claim to fame is to have worked ...

BP Solar to expand its cell manufacturing capacity in Spain and India Press Release from BP Solar Hamburg/Madrid, 22 March 2007 BP Solar today announced that it has begun constructing two mega cell plants, one at its European headquarters in Tres Cantos, Madrid and the second at its joint venture facility, Tata BP Solar, in Bangalore, India. For ...

A recently survey conducted by Federation of Indian Chambers of Commerce and Industry (Ficci) said that a major chunk of real estate firms believe that the rising price in Indian real sector is here to stay. The survey, which is based on the findings from the 24 leading real estate consultancy firms, developers, construction companies, builders ...