Page 18 - Aneeka Chatterjee

Awfis, Nyati Group signs largest managed aggregation deal of 300K sqft

With the latest addition, Awfis now has half a million square feet of Grade-A flexible workspace with Nyati Group

hBits aims to list first SM REITs by Q3FY25, applies for licence with Sebi

The company stated that this strategic move is part of hBits' commitment to democratising access to commercial real estate investments for retail investors across India

Indian cities see 45% residential price hike in last 5 years: Anarock

Bagaluru, a locality in Bengaluru Urban district, recorded the highest price appreciation of 90 per cent between 2019 and the first half of 2024

Delhi-based Proptech startup HouseEazy raises $7 mn in Series-A funding

HouseEazy said that the funds collected will be used to drive growth in new NCR (National Capital Region) geographies, expand its footprint, enhance products, and support team expansion

Birla Fertility & IVF to expand footprint in South and West by FY25

Birla Fertility & IVF already has a 60 per cent hold in Tier II cities such as Siliguri, Bhubaneswar, Varanasi, Meerut, Ranchi, and others

Realty firm Shriram Properties targets Rs 5,000-cr annual sales by FY27

The realtor aims to achieve cumulative sales exceeding 20 million square feet over the next three years

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