Thursday, April 24, 2025

Mysuru Real Estate Boom: G Square Alchemy Sold 230 Units For 150 Cr In Record Breaking 56 Hours


~ G Square Launches Phase 2 of Alchemy in Mysuru ~

G Square, South India’s leading real estate developer, has achieved a landmark milestone with its latest offering—G Square Alchemy, located on New Kantharaj Urs 80 Feet Road at the Rajarajeshwari Nagar Extension in Mysuru. Placing their trust in G Square, customers booked 230 out of 264 premium residential plots in Phase 1 within just 56 hours of the launch, with total bookings exceeding ?150 crores.

The Market price of the land at Rajarajeshwari Nagar in Mysuru is Rs 7000 per Sq. feet but the G Square offered the price at Rs 4999 per sq feet has attracted the more response which has led to immediate opening of Phase 2 for sale. G Square Alchemy provides plug-and-play premium residential plots with full MUDA and RERA approvals, ensuring complete legal clarity and hassle-free ownership for homebuyers and investors alike.

Spread across 41 acres, Phase 1 of the project comprises 264 meticulously planned plots, ranging from 838 to 3,875 sq. ft., designed within a fully developed township. Residents will benefit from over 35 world-class amenities, including 24x7 security, blacktop roads, underground drainage, consistent water supply, and a modern sewage treatment facility.

Mr. Bala Ramajeyam, Managing Director, G Square Realtors, said, “The rapid sell-out of G Square Alchemy within 56 hours is a remarkable testament to the confidence customers have in our vision and quality. This shows a clear shift in buyer preference toward well-planned, legally secure, and amenity-rich plotted communities. We are truly grateful for the trust our customers have placed in us. Over 70% of customers of G Square have experienced 100% returns in the past three years.  Most of the people have got their land appreciated during the pre-launch phase and truly began to see strong gains,” added Mr. Bala

Located in Rajarajeshwari Nagar, one of Mysuru’s fastest-growing residential hubs, G Square Alchemy enjoys excellent connectivity to major transit points such as the Mysuru Bus Stand, Railway Station, and Mysuru Airport. The area is well-supported by infrastructure corridors like the Outer Ring Road, New Kantharaj Urs Road, and Bogadi Road.

The region is seeing strong buyer traction from Bengaluru, Mysuru, and Chennai, owing to robust infrastructure development and rapid value appreciation. The soon-to-be-completed Kantharaj Urs Road is expected to further accelerate capital growth.

Mr. Bala Ramajeyam added, “Mysuru is fast becoming a prime investment destination, and G Square is proud to be at the forefront of this transformation. Our legacy of over 12 years, delivering more than 100 premium projects across 4,000+ acres to 15,000+ happy customers, positions us as a trusted enabler of urban expansion in South India.”

About G Square:

G Square is a pioneer in South India’s real estate sector, specializing in premium plotted developments that offer exceptional transparency, legal assurance, and customer-first service. With a rapidly expanding presence across key cities, G Square is redefining urban living through innovation, integrity, and excellence. 

Dalmia Bharat Limited Reported Its Consolidated Financial Results For The Quarter And Full Year Ended March 31, 2025


FY25 Highlights

Focus on Profitable Growth

Achieved milestone of 49.5 MTPA for Installed Cement Capacity

Announced Cement capacity expansion of 6 MTPA (mainly for new markets in West India)

Volume improved by 2% YoY to 29.4 MnT

EBITDA declined 9% YoY to Rs 2,407 Cr; EBITDA/T stood at Rs 820

Net Debt to EBITDA stood at 0.3x

One of Lowest Carbon footprint in global cement at 465 kgCO2/Ton of cement

Achieved operational RE capacity (including Group Captives) of 267 MW; share of RE consumption stood at 36.4%

Dalmia Bharat Limited, (BSE: 542216, NSE: DALBHARAT), a leading cement manufacturing company, reported its consolidated financial results for the quarter and full year ended March 31, 2025.

Commenting on the performance, Mr. Puneet Dalmia, Managing Director & CEO – Dalmia Bharat Limited, said, “The Indian economy continues to demonstrate resilience amidst the ongoing global macroeconomic uncertainty. With strong GDP growth projections supported by higher capex allocation and increased disposable income for the individuals, we remain confident about healthy cement demand in the country.” He further added, “Having successfully achieved our milestone of cement capacity at 49.5 MnT, we have commenced the next phase of expansion with the recently announced capacity addition of 6 MnT catering mainly to new markets in Western India. During the current year, while profitability remained subdued due to soft demand and weak pricing, I am confident to deliver profitable growth going forward on the back of stronger volumes, improved realizations and a consistent focus on cost leadership.”

Mr. Dharmender Tuteja, Chief Financial Officer – Dalmia Bharat Limited, said “Our cement volumes declined by 3% YoY in Q4, primarily due to the discontinuation of JP tolling volumes. However, quality of sales improved driven by a higher share of trade sales and increased contribution from premium products. Revenue from operations declined by 5% YoY to Rs 4,091 Cr, reflecting the continued softness in cement prices. However, our EBITDA grew by 21% YoY to Rs 793 Cr during the quarter due to our continued focus on cost leadership through various initiatives including increase in renewable power capacity.” He further said, “Backed by a robust balance sheet, strong leadership team and optimistic profitability outlook, we are well-positioned to successfully undertake the next phase of our expansion.”

Key updates

Commissioned 2.4 MnT cement capacity in Lanka, Assam and 0.5 MnT of cement capacity in Rohtas, Bihar. This takes company’s overall installed capacity to 49.5 MnT.

Announced strategic investment of ~Rs 3,520 Cr to establish a 3.6 MnTPA clinker unit with a 3 MnTPA grinding unit at existing Belgaum plant, Karnataka coupled with a new 3 MnTPA greenfield split grinding unit in Pune, Maharashtra. The Belgaum GU will cater to the underserved Southern Maharashtra markets while enhancing share in the existing region. On the other hand, Pune GU will entirely cater to the untapped Western Maharashtra markets.

Commissioned 2.2 MW captive solar power plant at Lanka, Assam, while 13 MW is commissioned under the Group Captive agreements, increasing our total operational RE capacity to 267 MW. Total operational renewable capacity, including the group captive, is expected to reach 595 MW by end of FY26.

The Board has recommended a final dividend of Rs 5 per share (250%) of face value of Rs 2 per share for FY2024-25 subject to approval of shareholders in ensuing AGM.

Key Recognitions during the quarter

Dalmia Cement has been recognized with several prestigious national awards, reaffirming its commitment to sustainable operations, workplace safety, and environmental stewardship.

Dalmiapuram Mines secured the First Prize for Sustainable Mining Operations under the Mines Environment & Mineral Conservation (MEMC) Awards, highlighting the company’s leadership in responsible mining practices.

The Lanka Cement Works received a Certificate of Appreciation for Excellence in Safety from the National Safety Council of India, underscoring Dalmia Cement’s dedication to maintaining a safe and secure work

At the FAME National Awards:

Meenakshi Cement Works was honored for Excellence in Safety Culture and Environmental Excellence.

Rohtas Cement Works received the award for Excellence in Occupational Health and Safety.

These achievements underscore Dalmia Cement’s unwavering focus on operational excellence, environmental stewardship, and the health and safety of its workforce across all its sites.

PNB Launches “PNB NIRMAAN 2025”- A Special Retail Loan Campaign To Facilitate Customers


~ A retail loan campaign until 20.06.2025 ~

~ Zero processing fee for Home loan and Car loan ~

Punjab National Bank (PNB), nation’s leading public sector bank, has announced its special edition retail loan campaign, “PNB NIRMAAN 2025”, until June 20, 2025. The campaign is designed to offer diversified financial Retail Products to customers across all PNB branches, as well as through its digital platforms – the PNB One app and official website.

As part of this initiative, PNB is offering exclusive benefits such as zero processing and documentation charges for home and car loans, along with zero NEC, legal, and valuation fees for home loan takeovers exceeding a specified amount.

Speaking on the occasion, Shri Ashok Chandra, MD & CEO, PNB, said: “At PNB, we are committed to empowering buyers with tailored financial solutions that simplify their journey to home and car ownership. With ‘PNB NIRMAAN 2025’, we aim to simplify and accelerate the financing journey for our valued customers.”

In addition to these benefits, the campaign also features a 5 basis point (bps) interest rate concession on home, car, and education loans, subject to applicable terms and conditions.

Third Wave Coffee And HarperCollins India Launch “Paperbacks & Pour Overs” To Celebrate The Joy Of Reading Over Coffee


This World Book Day, Third Wave Coffee, India’s beloved homegrown coffee brand, and HarperCollins India, a leading global publisher, come together to launch “Paperbacks & Pour Overs” - an initiative that brings the timeless love for books and brews to life.

Thoughtfully curated, Paperbacks & Pour Overs aims to create warm, welcoming corners for readers and coffee lovers at select Third Wave Coffee cafés across the country. These cafés will feature a handpicked HarperCollins Discovery Set—an engaging collection of popular and bestselling titles from both local and international lists. Housed on dedicated bookshelves, the selection will be refreshed periodically, ensuring there’s always something new to explore. These literary additions are designed to transform each café into a cozy reading nook—inviting comfort, sparking conversations, and offering a moment of quiet reflection for solo readers and book lovers alike, all while enjoying their favourite brews.

“At Third Wave Coffee, we’ve always believed that our cafés are more than just places to grab a great cup — they’re where people pause, connect, and create. Coffee and books have always come together effortlessly, and with Paperbacks & Pour Overs, we’re excited to give this natural pairing a place in our spaces. This partnership is a celebration of two rituals — reading and brewing — and we're proud to bring them to life for our community,” said Rajat Luthra, CEO, Third Wave Coffee 

Coffee and books have always come together — it’s the most obvious and timeless pairing. This partnership simply gives that everyday magic a curated corner to thrive in.With this effort, Third Wave Coffee aims to seamlessly weave reading into everyday café culture, spotlighting the timeless connect between coffee and books.

Speaking about this initiative, Shabnam Srivastava – GM Marketing, HarperCollins India, adds, “As we go ahead with our plan of building READ[er] communities, we are thrilled to have Third Wave Coffee as our partners to jointly build up on the bond between coffee and books as we endeavor to add another dimension to the coffee-lovers' experience by bring them a list of curated books to read as they sip!”

While the books are not for sale, customers are encouraged to pick up a paperback, read while sipping their favorite pour-over, and place it back for someone else to enjoy. The partnership also paves the way for a series of literature-led experiences, including author-led masterclasses, interactive workshops, book meetups, and co-branded merchandise—all thoughtfully designed for those who enjoy their books with a side of brew. Together, Third Wave Coffee and HarperCollins India aim to bring the café brand’s literary vision to life: connecting readers with stories, and stories with spaces that inspire.

With Paperbacks & Pour Overs, Third Wave Coffee and HarperCollins India are brewing a shared space for literature and lifestyle to meet — one page, one pour, and one conversation at a time. This collaboration invites everyone to stop by, pick up a book, enjoy a cup of coffee, and become part of a growing movement where creativity, caffeine, and community come together.

About Third Wave Coffee: Third Wave Coffee is a coffee and food QSR brand founded by Sushant Goel, Anirudh Sharma and Ayush Bathwal in 2015. With a commitment to quality and innovation, the homegrown coffee QSR chain has rapidly expanded to over 140 stores nationwide, earning a reputation as one of the fastest-growing coffee brands in the country. Third Wave Coffee is dedicated to providing a high-quality coffee-first experience to its customers across the country with a specific focus on high-quality beans, convenient locations and a technology-enabled consumer experience. Celebrated as a trailblazer in the industry, the brand was recognised as one of the ET Now Best Brands of 2024. For more information, visit Third Wave Coffee at https://www.thirdwavecoffeeroasters.com.

About HarperCollins India: HarperCollins India publishes some of the finest writers from the Indian subcontinent and around the world, publishing approximately 200 new books every year, with a print and digital catalogue of more than 2000 titles across 10 imprints. Its authors have won almost every major literary award including the Man Booker Prize, JCB Prize, DSC Prize, New India Foundation Award, Atta Galatta Prize, Shakti Bhatt Prize, Gourmand Cookbook Award, Publishing Next Award, Tata Literature Live!, Gaja Capital Business Book Prize, BICW Award, Sushila Devi Award, Sahitya Akademi Award and Crossword Book Award. HarperCollins India also represents some of the finest publishers in the world including Harvard University Press, Gallup Press, Oneworld, Bonnier Zaffre, Usborne, Dover and Lonely Planet. HarperCollins India is also the recipient of five Publisher of the Year Awards – in 2021 and 2015 at the Publishing Next Industry Awards, and in 2021, 2018 and 2016 at Tata Literature Live. HarperCollins India is a subsidiary of HarperCollins Publishers.

Herbalife India Launches Sleep EnhanceTM Across The City


* Herbalife Sleep EnhanceTM Is Made With A Saffron Extract That Is Clinically Shown To Improve Sleep Quality

Herbalife India, a premier health and wellness company, community, and platform, introduces Sleep EnhanceTM—which is caffeine-free and made with a plant-based, clinically studied ingredient that is shown to improve the quality of sleep. This launch comes at a time when sleep disorders are increasingly prevalent in India, driven by hectic lifestyles, digital distractions, and rising stress levels.

In today’s fast-paced world, quality sleep is no longer a luxury but a necessity. However, with hectic work schedules, increasing screen time, and rising stress levels, many people struggle to achieve quality sleep. Studies show that nearly half of Indians wake up feeling tired, and digital exposure before bedtime further deteriorates sleep quality. Recognizing the growing need for effective sleep solutions, Herbalife is stepping in to improve the way India sleeps. Sleep Enhance is formulated with Affron, a genuine saffron extract that is shown to improve the quality of sleep when taken 1 hour before bedtime for at least 28 days.

Sleep Enhance is free from added sugars, artificial flavors, and caffeine, making it an effective addition to one’s nighttime routine. It has a hibiscus flavor and contains a saffron extract which is clinically shown to improve sleep quality, improve mood after waking up, and help one wake up with a feeling of calmness.

"Sleep is no longer just about rest it’s about resetting and recharging the body and mind. At Herbalife India, we believe in solutions that align with evolving consumer lifestyles. Sleep Enhance contains saffron extract that is clinically shown to improve the quality of sleep and helps you wake up with a feeling of calmness. In today’s fast-paced world, where sleep deprivation has become the norm, we are committed to helping people reclaim their nights and, ultimately, their well-being," said Ajay Khanna, Managing Director, Herbalife India.

With the sleep industry witnessing a surge in demand for science-backed remedies, Herbalife is positioned at the forefront of this movement, ensuring that consumers don’t just sleep, they improve their sleep quality.

About Herbalife International India Private Ltd.

Herbalife (NYSE: HLF) is a premier health and wellness company, community and platform that has been changing people's lives with great nutrition products and a business opportunity for its independent distributors since 1980. The company offers science-backed food products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle to live their best life.

For more information, visit https://www.herbalife.com/en-in

GE Aerospace Partners With United Way Bengaluru To Equip 53 More Women Drivers With e-rickshaws


GE Aerospace in India, in partnership with United Way Bengaluru (UWBe), distributed 53 e-rickshaws to empower women with sustainable livelihood opportunities. The event, held at GE Aerospace's Bengaluru research and engineering campus, was attended by Bengaluru Police Commissioner Shri B. Dayananda, IPS. Supported by Parihar, an initiative of the Bengaluru Police Commissioner’s office, the ‘e-auto’ program also offers training to equip these new drivers with the skills needed to operate the eco-friendly vehicles and partner with cab aggregators via a pre-fitted smartphone.

What began as a modest initiative with just six e-rickshaws has now grown to 69 e-rickshaws.

TCS World 10K Bengaluru Onboards Sodexo To Elevate Race Day Experience


TCS World 10K Is The First Indian Distance Running Event To Be Served By A Globally Renowned Food Services Brand

* Tailored menus packed with superfoods, dietary diversity, and sustainable choices

* From live stations to post-run power boxes - nutrition meets innovation at every step

Procam International, the promoter of the TCS World 10K Bengaluru, has onboarded Sodexo for the upcoming 17th edition of the World Athletics Gold Label Race, scheduled to take place on Sunday, 27th April 2025. In a first for India’s distance running circuit, Sodexo will serve as the food and beverage facilitator, bringing a professionally curated, and sustainability-driven culinary experience to the event. From energising packed meals for over 30,000 runners to fine hospitality for 1,500 dignitaries, this collaboration sets a new benchmark in race-day nutrition and mindful hospitality.

The association is an extension of TCS World 10K Bengaluru’s commitment to providing a smooth and premium race day experience to all participants and attendees - one that extends beyond the course and into every touchpoint of a participant’s journey. 

As part of this association, Sodexo expert chefs and nutritionists have come together to craft a reimagined, nutrient-rich menu for Procam Marquee. Featuring superfoods like ragi, oats, and quinoa, the menu strikes a balance between taste, performance, and planet-friendly choices, and will be served through engaging live culinary stations. In addition, Sodexo will offer thoughtfully curated, individually packed refreshments post-run that includes nutrition-forward, energizing food items with both function and flavour in mind.

Commenting on its maiden association with the TCS World 10K Bengaluru, Sambit Sahu, MD, Sodexo India, said, “The TCS World 10K Bengaluru embodies a commitment to a lifestyle of performance, wellbeing and sustainability. We’re proud to bring together Sodexo’s deep expertise in nutrition and sustainable practices to elevate the race day experience. From fuelling performance to aiding post-run recovery, nutrition plays a vital role, and our thoughtfully curated menu reflects this. With a focus on responsibly sourced ingredients and superfoods that support the body’s natural rhythm, every meal is carefully crafted. This opportunity allows us at Sodexo to demonstrate how food can power both individuals and a greater purpose, and we’re excited to serve meals that nourish, uplift.”

Speaking on the association, Vivek Singh, Joint MD, Procam International, said, “Partnering with Sodexo is a natural fit, given our shared values that include a focus on excellence, attention to detail, and a people-first approach. We want every participant and guest to feel the care, energy, and celebration the TCS World 10K Bengaluru stands for.” 

The TCS World 10K Bengaluru is a World Athletics Gold Label Race, a premier destination on the global road racing calendar. With a total prize purse of USD 210,000, the event brings together elite athletes from 12 nations and amateur runners from across India to celebrate health, fitness, and community. Visit https://tcsworld10k.procam.in/ for more details.

About Sodexo India

Sodexo India is fuelled with the brand purpose of creating a better everyday for everyone to build a better life for all. We provide a bouquet of 100+ service offerings to varied clientele — corporates, healthcare organizations, manufacturing locations, educational institutes and in remote environments. Our solutions range across food & catering, facilities management, technical services, workplace experience, energy management, and benefits & rewards services. Sodexo India is powered by a team of 50,000 employees who cater to 500+ clients at 1,100 sites daily. We harbour an inclusive, diverse, fair, equal, and positive work environment to improve the quality of life of those we serve, everyday.

For details, visit our website https://in.sodexo.com/home.html or follow us on LinkedIn, Instagram, Facebook, X.

About Procam International

Since its inception in 1988, Procam International has been the driving force behind the growth and development of sports management in India. Founded by the dynamic Singh brothers Anil and Vivek, Procam is India's premier sports management company and is involved in live events, sports consultancy, and live television production.

With astute planning and exemplary execution, Procam has a track record of conceptualising and promoting over 100 international events, across the disciplines of Powerboat Racing, Cricket, Football, Tennis, Distance Running, Squash, WWE, Horse Racing, Volleyball, among others. These events have elicited participation of the highest calibre of athletes and huge public interest and attendance.

Pioneers of the distance running movement in India, Procam International’s Big 4 – Tata Mumbai Marathon, Vedanta Delhi Half Marathon, Tata Consultancy Services World 10K and Tata Steel World 25K Kolkata— are global leaders in their respective distances. They have ushered in a running revolution that has helped redefine the health, fitness, and ‘giving’ paradigm of our country. For details visit https://procam.in

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