Author: AU News Bureau
The Hansgrohe Group, a leading German manufacturer of bathroom and kitchen fitting products, has introduced its latest innovative technology – the Textile Shower Hose under its AXOR brand, a first of its kind in the market. According to the release, the AXOR Textile Hose is made from recycled PET yarn, offering a highly resistant and long-lasting sustainable alternative to traditional metal hoses. It incorporates an innovative water-proof and repellent system that ensures superior hygiene standards while allowing for effortless cleaning and low-maintenance upkeep. This ingenious design delivers both exceptional functionality and an indulgent, spa-like ambiance when taking a shower. As…
Asian Paints said that its Singapore wholly owned subsidiary, Asian Paints International (APIPL) entered into a share purchase agreement with SCIB Chemicals S.A.E., Egypt (SCIB) to acquire 24.3% stake from minority shareholders of SCIB. SCIB Chemicals S.A.E., Egypt (SCIB) is a subsidiary of APIPL and SCIB. SCIB is, inter alia, engaged in the manufacturing, sale, and distribution of paints and related products. Turnover for 2023-2024 was Rs 433.95 crore. The acquisition of stake from certain minority shareholders shall allow greater shareholding representation to APIPL in SCIB and provide an exit to the minority shareholders. APIPL will acquire 437,352 shares for…
Aparna Constructions and Estates Private Limited has announced its foray into the retail-commercial and entertainment segments with the launch of Aparna Neo Mall and Aparna Cinemas in Hyderabad recently. Located in the Nallagandla region, Aparna Neo is spread across 3.67 acres with an expanse of 3.5 Lakh square feet and is the only mall within the 8 km radius. Aparna Constructions has made a strategic investment of Rs 252 crore in Aparna Neo and an additional investment of Rs 32 crore in Aparna Cinemas. โHyderabad is poised to emerge as the 4th fastest growing city. This rapid urbanization is fuelling…
The Godrej and Boyce Manufacturing Company, a mixed-use development project that combines commercial offices with luxury residential units has made major real estate transactions, selling premium office spaces to Godrej Industries Limited for Rs 157 crore in Mumbai’s Vikhroli, reported Moneycontrol. As per the report of Moneycontrol, citing document accessed by Propstack, the sale involves two office spaces located in the posh Godrej One tower in Vikhroli, Mumbai. The agreement for this transactions was finalised on April 30. About the office spaces The first office space, situated in the 8th floor of the north tower in the Godrej One building,…
By Ar. Anil Badan, Founder and Principal Architect of Studio B Architects. The goal of every hotelier is to provide an unforgettable experience to the guests while they stay in. But, what if hotels seek to go beyond the conventional comfortable rooms with views or jacuzzi-equipped bathrooms? The solution lies in the integration of technology in hotels, creating a smart room, to enhance the overall guest experience. From online research to web check-ins, technology is making its way into every aspect of the hotel room, offering convenience to the guests and the hotel staff. These rooms are now equipped with…
Jan Kath, known for his expertly crafted hand knotted carpets, has made the organic next step venturing into the world of furniture, with ‘Daydreamer’, his first upholstered seating design. The furniture features a movable wooden mechanism, which allows the design to serve a variety of positions: a platform for a mattress, a classic sofa shape with a backrest, or a comfortable nest-like shape supported by its airy frame. Kath is known to purposefully break conventional styles and stray away from design rules. His carpet creations are woven with juxtaposing features; classic elements inspired by oriental carpets are intertwined with a…
Nuance Studio, an industry leader renowned for its innovative Litheoz concrete technology, presents the two ground-breaking product series: The Blucco Set and Artego Freestanding. These new additions exemplify Nuance Studioโs commitment to pushing the boundaries of design, craftsmanship, and functionality in modern living spaces. Nuance Studioโs latest innovation, the Blucco Set, sets a new standard in concrete furniture, blending minimalist design with ergonomic brilliance. The collection includes three essential pieces: The Blucco chair, a versatile side table, and a sleek flat seater. This series redefines indoor and outdoor furniture, offering a unique fusion of comfort, luxury, and elegance. Simultaneously, the…
India’s cement sector has launched a pilot programme utilising electric trucks, according to the Times of India. The industry has deployed about 150 electric vehicles, exploring their potential for reducing long-term operating costs, despite challenges like high initial costs and inadequate charging infrastructure, according to the Cement Manufacturersโ Association president and Shree Cement Managing Director Neeraj Akhoury. A report called โGreening Logistics: Electrification in cement & raw material transportโ was released, stating that the industry is heavily reliant on road transport and internal combustion engine trucks for moving cement, clinker and other raw materials across an average distance of 300km.…
