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Corporate Updates: Real Estate, Banking & Consumer News

By ThePip DeskCorporate Updates: Real Estate, Banking & Consumer News

Stay updated on corporate news: Prestige Estates launches Prestige Parklane in Bengaluru, and IDFC FIRST Bank integrates its tax payment gateway.

Real Estate Expansion in Bengaluru

Prestige Estates Projects has launched Prestige Parklane along the Satellite Town Ring Road in Devanahalli, Bengaluru. The new residential development spans across 11.91 acres to serve homebuyers.

  • Comprises 1,788 homes across nine towers.
  • Offers a mix of 1, 2 and 3 Bed Homes.
  • Total saleable area of around 1.7 million sq. ft.
  • Gross development value of around Rs 1,750 crore.

Financial Sector and Gateway Integration

In the financial sector, IDFC FIRST Bank has integrated its payment gateway for Central Board of Direct Taxes collections to streamline processes. This digital update connects core banking systems directly to government tax collection mechanisms.

  • Streamlines Central Board of Direct Taxes collections.
  • Integrates payment gateway infrastructure directly.

Consumer Product and Sector Growth

Additional corporate developments highlight multi-sector activities including new consumer product launches by Adon Agro Commodities. These diverse updates showcase active portfolio expansions across different business verticals.

  • Introduction of ready-to-eat snacks.
  • Launch of flavored almonds and cashew nuts.
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