Page 17 - Aneeka Chatterjee

India's data centers to add 500 MW capacity in 4 years: Avendus Capital

The report, *Powering Digital India* Volume II, stated that the sector doubled from 540 MW in 2019 to 1,011 MW in 2023, making India one of the fastest-growing data centre markets globally

BHIVE to add 3 mn sqft over next 2 yrs, eyes Rs 350 cr revenue in FY25

Over the past two years, BHIVE has expanded its managed office portfolio by adding 1.5 million square feet

Marlabs expects to grow its data, AI biz by 50% in 2-3 years: CEO

In January, Collins announced Marlabs' plans to hire about 500 employees in India to churn out double revenue growth in the next three years

Ola Electric's Bhavish Aggarwal announces launch of 3 motorbike variants

The e-bikes, named Roadster, Roadster X, and Roadster Pro, will be available from the fourth quarter of FY25

Truva raises $3 mn in seed funding led by Stellaris, aims to scale ops

Truva is a proptech firm catering to home buying and selling. Founded in 2023 by Puneet Arora, Monil Singhal, and Ankit Gupta, Truva is dedicated to delivering a seamless home-buying experience

May look to bring Liraglutide via clinical trial waiver: Mazumdar-Shaw

Kiran outlines how being vertically integrated puts Biocon in a strong position

HCG Q1 results: Consolidated net profit rises 58.7% to Rs 12.08 crore

HCG witnessed an Ebitda (earnings before interest, taxes, depreciation, and amortisation) of Rs 90.9 crore, compared to Rs 74.3 crore. The Ebitda margin stood at 17.3 per cent

Biocon Q1 net profit up 551%, driven by gain from Eris Life partnership

Total revenue stood at Rs 4,567 crore in Q1 FY25 as against Rs 3,516 crore in Q1 FY24

NatWest Group expands its footprint in Bengaluru with 370k sq ft office

NatWest believes that the location will serve as a hub for pioneering technology solutions and cutting-edge developments

Novo Nordisk plans to introduce drug for sickle cell disease in 3-5 years

The company announced the plan to hire about 1,300 new employees by the end of 2026 in its GBS (global business services) division, as per the statement at a media briefing

Brigade Group Q1 results: Net profit rises 285.7%, revenue at Rs 1,113 cr

Additionally, the company's Q1 FY25 revenue included Rs 707 crore from real estate, Rs 259 crore from leasing, and Rs 118 crore from hospitality

Narayana Hrudalaya's consolidated revenue rises 8.7% to Rs 1,364.4 cr in Q1

The hospital chain reported a net profit of Rs 201.49 crore in Q1FY25 as compared to Rs 184.04 crore in Q1FY24

Britannia Industries Q1 FY25 results: Net profit rises 10.5% to Rs 506 cr

Revenue rises due to better operating margins

K'taka govt launches cybersecurity policy, outflow of Rs 103 cr for 5 years

The report stated that Rs 23.74 crore of the total budget would go towards providing incentives and concessions

Prestige Estates Projects Q1 results: Net profit down 3.4% at Rs 307 crore

The realty firm's revenue from operations stood at Rs 1,862.1 crore in Q1 FY25 against Rs 1,680.9 crore in the corresponding period last year

Karnataka to triple its BioEconomy to $100 billion by 2030: Govt report

The report reveals that the number of startups in the state has surpassed 1,000, with a notable increase in biotech ventures

AI, Robotics companies led office space absorption in Bengaluru: Vestian

According to report titled- 'The Connect Q2 2024'- the office market demand surge in Bengaluru is attributed to rapid global advancements in artificial intelligence and a supportive local ecosystem

Retail leasing in Bengaluru grows by 39% in H1 2024 to 1 mn sqft: CBRE

Retail leasing in India surged to a five-year high in the first half of 2024, reaching 3.1 million square feet across eight cities

Bhive expands footprint in Brigade Metropolis, signs 2nd lease of 42k sq ft

Bhive noted the launch of a new facility on the 7th floor of Summit B, complementing its existing office in Summit A

Strides Pharma reports profit of Rs 68.3 crore in Q1, revenue up 16%

As per the company statement, US revenues for Strides in Q1 FY25 stood at a quarter-high of $70 million (about Rs 586 crore)