Author: Bureau

Bengaluru-based Bagmane Group has filed draft papers with the market regulator to launch a public issue of its Bagmane Prime Office REIT, aiming to raise up to ₹4,000 crore. According to the draft prospectus, the IPO will comprise a fresh issue of units worth up to ₹3,000 crore and an offer-for-sale of up to ₹1,000 crore. The proceeds will be used primarily to acquire the Luxor asset at Bagmane Capital Tech Park for ₹1,775 crore and to partly fund the purchase of a 93% stake in Bagmane Rio Business Park, valued at up to ₹1,025 crore. Bagmane Office REIT owns…

Bengaluru: Locks & Architectural Solutions, a business of Godrej Enterprises Group, closed 2025 on a strong growth trajectory, targeting revenues of ₹1,400 crore by FY26, up from around ₹1,250 crore in FY25, reflecting 12–14% year-on-year growth. The performance is driven by rising demand for digital and connected security solutions across residential and commercial markets. Digital locks emerged as the fastest-growing category, registering nearly 30% annual growth, significantly outpacing traditional mechanical locks. The portfolio spans a wide range of mechanical locks alongside advanced digital offerings such as the Neo Digital Locks range and premium connected solutions, catering to growing consumer preference…

The Indian MoD has awarded Bharat Forge Limited (BFL) a Rs. 1,661.9 crores contract for supply of 255,128 CQB Carbines (5.56 x 45 mm) to the Indian Army. The contract signed on 30th December, 2025, sets forth order execution within five years. The 5.56 x 45 mm CQB Carbine is an indigenously designed, developed, and manufactured (IDDM) compact firearm jointly developed by Armament Research & Development Establishment (ARDE), DRDO and Bharat Forge Ltd., Pune. Aligned with the Atmanirbhar Bharat mission, we – BFL, and our wholly- owned defence subsidiary Kalyani Strategic Systems Limited (KSSL), remain dedicated to equipping the Indian…

Horizon Industrial Parks has taken a key step toward going public by filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed initial public offering (IPO). The offering is expected to mobilise close to US$500 million (approximately ₹4,250 crore). This includes a pre-IPO placement of about US$200 million (₹1,650 crore) and a primary issue estimated at around US$300 million (₹2,600 crore). Positioned as one of India’s largest integrated developers and operators of industrial and logistics infrastructure by total network area, Horizon Industrial Parks delivers a comprehensive range of solutions including fulfilment…

Bengaluru: Croma, India’s omni-channel electronics retailer from the Tata Group, has opened a new store in Sahakar Nagar, Bengaluru, further expanding its presence in Karnataka. With this launch, Croma now operates 55 stores across the state, including 36 in Bengaluru. Located at Fortuna Square, 60 Feet Road, the 8,000 sq. ft. store offers a hands-on shopping experience across home appliances, digital devices, and computing products, supported by expert guidance and seamless service. The store aims to cater to tech-savvy households and professionals in North Bengaluru. Commenting on the launch, a spokesperson from Infiniti Retail Ltd. said Bengaluru continues to be…

Worsening air quality across Indian metros during winter 2025 is driving a sharp shift in urban consumer behaviour, with Mumbai emerging as a key hotspot for pollution-related searches, according to the latest data from Justdial Limited. While Delhi continued to face severe air quality episodes, Mumbai also recorded a noticeable deterioration in Air Quality Index (AQI) levels during peak winter weeks. Monitoring stations across traffic-heavy and industrial zones reported AQI levels ranging from Poor to Very Poor, highlighting that pollution concerns are no longer limited to North India. Against this backdrop, Justdial data shows a strong surge in searches linked…

In an increasingly volatile market environment, diversification has emerged as a critical strategy for long-term wealth creation. Addressing this need, Tata AIA Life Insurance has announced the launch of the Tata AIA Multicap Opportunities Fund and Tata AIA Multicap Opportunities Pension Fund, offering investors broad-based equity exposure along with life insurance protection through Unit Linked Insurance Plans (ULIPs). Designed to capture India’s expanding and diversified growth story, the new funds follow a multicap investment strategy with exposure across large, mid and small-cap companies. Anchored to the Nifty 500 Index, the strategy enables participation across sectors and market segments, while reducing…

India’s diagnostics sector is witnessing a clear transition from reactive testing to proactive and personalised healthcare, driven by rising awareness and demand for early detection, according to year-end insights from Agilus Diagnostics. Preventive blood testing recorded a 30% year-on-year growth in 2025, reflecting a growing focus on monitoring metabolic health, cardiac risk, and nutritional status before the onset of disease. Urban populations, particularly younger adults across major cities, are increasingly adopting routine health checks as part of everyday wellness. Lifestyle and gut health diagnostics saw even stronger momentum, growing 47% year to date. Tests related to microbiome health, gastrointestinal function,…

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Larsen & Toubro-Vyoma, the AI-ready cloud and hyperscale data centre business vertical of L&T, has entered a strategic partnership with SRIT India Ltd, a Bengaluru-based IT solutions provider with expertise in large-scale e-health, e- governance, telecom and mission-critical systems. With this collaboration, SRIT will introduce SRIT Cloud, a sovereign, India-localised cloud platform powered by Ministry of Electronics and Information Technology-compliant infrastructure from Vyoma. The solution is designed to meet the stringent requirements of public, joint and private sector entities in areas such as national security, governance, healthcare and telecom — ensuring data sovereignty, high availability and operational trust. The partnership…