Latest news with #TimMcIntosh
Herald Sun
17 hours ago
- Business
- Herald Sun
Balwyn North arcade hits market after 50 years
A family-owned retail arcade in one of Melbourne's wealthiest suburbs is up for sale for the first time since 1975. The red-brick Balwyn North Village Arcade at 70 Doncaster Rd has been in the same family for two generations. It's home to Lemongrass Chicken and a decades-old Saki restaurant, both local favourites that have served the community for more than 30 years. Colliers' retail investments services director Tim McIntosh said the strip's old-school charm and compact tenancies had fostered loyalty. from tenants and landlords alike. 'It's been in continuous operation for 50 years and hasn't changed hands once,' Mr McIntosh said. 'This is one of those once-in-a-generation chances that you simply don't see in Balwyn North.' RELATED: Melb buyer's bold plan after forking $2m on home RCA: Kmart set to change everything in Temu war RCA: Buyers circling Melb's forgotten cinema Originally a smaller building, the arcade was transformed in the 1980s with a second storey added during a major renovation. But it retained its classic suburban village feel, with red brick paving, intimate shopfronts and a prime location near the route 48 tram, elite schools and the Eastern Freeway. The property has a 20-metre frontage to Doncaster Rd and visibility to more than 26,000 passing vehicles a day. The two-storey building spans 1365sq m of lettable area on an 888sq m block, and includes a mix of retail, service and hospitality tenants. According to PropTrack, Balwyn North's median house price has climbed more than 33 per cent over the past five years, from just over $2.1m to $2.8m. The demand for high-end family homes and local amenity has continued to surge. Mr McIntosh said the arcade gave a convenience meets character dynamic. 'We're seeing strong early interest from high-net-worth locals, owner-occupiers and value-add investors,' he said. 'This is the kind of investment that appeals to intergenerational buyers who understand the long-term value in location, tenancy and secure income.' Expressions of interest close at 2pm on June 18. Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Block star reveals mistake that devalue homes $250 a day: Melb market 'on like Donkey Kong' Revealed: Melb hot spots for young buyers
News.com.au
a day ago
- Business
- News.com.au
Balwyn North arcade hits market after 50 years
A family-owned retail arcade in one of Melbourne's wealthiest suburbs is up for sale for the first time since 1975. The red-brick Balwyn North Village Arcade at 70 Doncaster Rd has been in the same family for two generations. It's home to Lemongrass Chicken and a decades-old Saki restaurant, both local favourites that have served the community for more than 30 years. Colliers' retail investments services director Tim McIntosh said the strip's old-school charm and compact tenancies had fostered loyalty. from tenants and landlords alike. 'It's been in continuous operation for 50 years and hasn't changed hands once,' Mr McIntosh said. 'This is one of those once-in-a-generation chances that you simply don't see in Balwyn North.' Originally a smaller building, the arcade was transformed in the 1980s with a second storey added during a major renovation. But it retained its classic suburban village feel, with red brick paving, intimate shopfronts and a prime location near the route 48 tram, elite schools and the Eastern Freeway. The property has a 20-metre frontage to Doncaster Rd and visibility to more than 26,000 passing vehicles a day. The two-storey building spans 1365sq m of lettable area on an 888sq m block, and includes a mix of retail, service and hospitality tenants. According to PropTrack, Balwyn North's median house price has climbed more than 33 per cent over the past five years, from just over $2.1m to $2.8m. The demand for high-end family homes and local amenity has continued to surge. Mr McIntosh said the arcade gave a convenience meets character dynamic. 'We're seeing strong early interest from high-net-worth locals, owner-occupiers and value-add investors,' he said. 'This is the kind of investment that appeals to intergenerational buyers who understand the long-term value in location, tenancy and secure income.' Expressions of interest close at 2pm on June 18.
RNZ News
3 days ago
- Business
- RNZ News
Card skimming incidents on the rise in Wellington
Wellington police have received 12 reports of offending involving card skimming in the last week. Photo: 123RF Police say people have lost thousands of dollars in card skimming incidents in Wellington. Card skimming is where an offender installs a device with a camera on an ATM or POS (point of sale) terminal to capture data and record pin numbers with a view to creating fake payment cards and making unauthorised purchases or stealing funds from victim's accounts. In a statement, acting inspector Tim McIntosh said police had seen a big increase in the number of victims losing large amounts of money due to card skimming incidents. "In the last week alone, we have received around 12 reports of this offending, where in some cases victims have lost over $5,000." The public needs to be aware of this type of offending so they can take precautions to keep their cards and data safe, he said. There are a number of steps people can take to do this: Police said anyone who thought they had been a victim of card skimming should contact their bank immediately and cancel their cards and accounts. Card skimming victims were also advised to report it to police with as much information about the incident as possible through or by calling 105. Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
Time of India
26-05-2025
- Business
- Time of India
Tatas rope in Intel veteran Tim McIntosh to steer Assam chip assembly plant
Tata Electronics has appointed Tim McIntosh as vice president and head of operations and manufacturing excellence of Tata Semiconductor Assembly and Test (TSAT). McIntosh is the latest senior executive to be hired from Intel , having worked at the US firm for 34 years. In his last role at Intel, he was the advanced packaging factory general manager. Tata Electronics is setting up TSAT in Morigaon, Assam. The company is also accelerating its hiring drive, especially in Southeast Asian countries. Malaysia is a strategic location for TSAT to organise a hiring drive as the country holds 13% of the global market for chip packaging, assembly and testing services, as per a February 18 report by the Malaysian Investment Development Authority. Similarly, Singapore is a natural choice for the company as estimates from the Singapore Economic Development Board suggest that the country accounts for 10% of all chips produced worldwide and about 20% of global semiconductor manufacturing equipment production. Queries sent to Tata Electronics remained unanswered till press time. ET was the first to report in January that Tata Electronics was seeking to recruit from Intel, with hires like Reda Masarwa who is the company's senior vice president - construction and facility. Tata Electronics chief executive and managing director Randhir Thakur too joined from Intel , where he served as the president of Intel Foundry Services. But Tata Electronics is not restricting itself to Intel. Last month, the electronics arm of the Tata group appointed Global Foundries' KC Ang as the president and head of Tata Semiconductor Manufacturing. The company is conducting a hiring roadshow in Penang on May 24, followed by a walk-in drive on May 25 and May 26. A similar roadshow will take place in Singapore on May 31, followed by a walk-in drive on June 1. 'Tata Electronics is scaling — and we're looking for experienced semiconductor professionals to lead the way," Tim McIntosh said in a post on LinkedIn about the roadshow in Malaysia. 'We are expanding our semiconductor assembly and test operations in India (Assam & Karnataka), and actively hiring senior engineers, technical leaders, and domain experts in assembly, test, and quality functions. This is a unique opportunity to shape a greenfield semiconductor operation and drive high-impact innovation in one of India's most strategic tech sectors.' He further said that the company was keen to meet candidates with more than five years of deep technical experience in the semiconductor assembly, test development and quality engineering spheres.
Time of India
26-05-2025
- Business
- Time of India
India's supplements wild west; Payments firms' SaaS play
India's supplements wild west; Payments firms' SaaS play Want this newsletter delivered to your inbox? Also in the letter: Pills, promotions and a dose of doubt: Influencers, VC money fuel India's booming supplements market Growing concern: Most supplements are sold directly to consumers via ecommerce websites and quick-commerce apps. They're available over the counter – no prescription, no pharmacist, and often, no evidence that they work. Multiple experts and industry executives told us this supplement boom is driven by post-Covid-19 health consciousness, amplified by influencer marketing, and backed by venture capital (VC). Tell me more: The sector attracted over $500 million in funding between 2020 and May 2025, according to data firm Venture Intelligence. Brands like Plix, Kapiva, Fast&Up, and The Good Bug are leaning into influencer-led marketing, with some partnering with doctors and wellness experts to add a veneer of credibility. Industry analysts say brands spend anywhere between 15-30% of their budgets on influencer marketing. What about regulation? In India, most supplements are regulated by the Food Safety and Standards Authority of India, not the drug regulator. This means weaker scrutiny and lighter penalties. Online pay aggregators focus on anti-fraud tech to up revenues Tell me more: Quote, unquote: Zoom out: Sponsor ETtech Top 5 & Morning Dispatch! Why it matters: The opportunity: Reach a highly engaged audience of decision-makers. Boost your brand's visibility among the tech-savvy community. Custom sponsorship options to align with your brand's goals. What's next: IT's Q1 headcount growth likely to stay flat despite improved macro Driving the news: Hiring demand for new IT joinees continues to hover around 55,000, well below the brief peak of 80,000 seen earlier in 2025, according to staffing firm Xpheno. There are currently 60,000 open roles in the IT services segment. Job scenario: AI-led hiring: Quote, unquote: Other Top Stories By Our Reporters Tatas rope in Intel veteran Tim McIntosh to steer Assam chip assembly plant: Spacetech gets an opening as India seeks more eyes in the sky: Info Edge's shareholders clear Rs 1,000 crore VC fund play: Byju's app taken down from Google Play Store: Apple's India bet reflects global confidence: Rajeev Chandrasekhar | Global Pick We Are Reading Happy Monday! As over-the-counter health supplements are increasingly available online, concerns arise about their efficacy and regulation. This and more in the latest edition of ETtech's Morning Dispatch.■ Tepid IT job demand■ Top Tata Electronics' hire■ Info Edge readies VC fundFrom collagen powders and gut health liquids to magnesium tablets and hormone-balancing pills, wellness supplements have become lifestyle staples in post-pandemic India. However, as demand surges, so do questions around efficacy and oversight Payment companies are transforming their in-house fraud detection tools into software-as-a-service (SaaS) products for banks and fintechs, unlocking a new source of recurring revenue Payment aggregators (PAs) like PayU, Razorpay, and PhonePe have developed fraud detection systems to safeguard their platforms. Now, they are pitching these tools to lenders, promising improved transaction rates and enhanced customer security.'While we already work with large banks to address their payment fraud needs, many mid- and small-sized financial institutions need strong technology solutions to fight payment fraud. We are also targeting this segment, and the opportunity is significant,' said Anirban Mukherjee, chief executive officer, competition intensifies and regulatory caps squeeze margins, payment firms are eyeing SaaS as a more stable, margin-friendly revenue stream beyond their core payment Top 5 and Morning Dispatch are must-reads for India's tech and business leaders, including startup founders, investors, policy makers, industry insiders and Reach out to us at spotlightpartner@ to explore sponsorship growth in the IT sector is expected to remain flat , experts say, even as a pause on US President Donald Trump's 'reciprocal' tariffs lifts some clouds of 88% of active demand is concentrated in technology and engineering roles. The remaining 12% spans consulting, project management, business development, analysts, and other support functions, Xpheno firms prioritising quality over volume, demand is shifting towards 'future-ready' specialised roles in artificial intelligence (AI), machine learning, cloud, and cybersecurity. These segments are reported to grow by 30-75%, depending on the area, according to another staffing firm, Teamlease.'Although there is long-term optimism, companies remain cautious in the short term, reflecting a careful approach to hiring amid ongoing global uncertainties,' said Neeti Sharma, CEO, Teamlease Electronics has appointed Tim McIntosh as vice president and head of operations and manufacturing for Tata Semiconductor Assembly and Test (TSAT), marking the latest leadership hire of an Intel veteran at the India currently has around 10–11 defence satellites operated by ISRO, "revisit times are long" and there's an urgent need for more satellites , Lt Gen AK Bhatt (Retd), DG of the Indian Space Association (ISpA), told Noida-based firm will invest up to Rs 1,000 crore in Info Edge Ventures Fund III , paving the way for increased startup Byju's app has been removed from the Google Play Store due to payment disruptions for its services, while other apps remain available on the ongoing expansion of its iPhone manufacturing operations in India indicates increasing global confidence in the country's electronics manufacturing ecosystem, said former IT minister Rajeev Chandrasekhar.■ India's richest man can't crack e-commerce, even with Shein ( Rest Of World ■ Gemini in Chrome feels like a small step toward Google's agentic era ( The Verge ■ founder plots potential deal to buy failed company ( FT
