Page 6 - Aneeka Chatterjee

India emerging GCC hub for life sciences companies, says EY report

The report, titled Reimagining Life Sciences Global Capability Centres (GCCs), said that life sciences GCCs in India now handle 70 per cent of finance, 75 per cent of HR, 62 per cent of supply chain

Top developers on track to hit ₹1.49 trn pre-sales target in FY26: Anarock

India's top 10 listed developers logged ₹44,317 crore in Q1 pre-sales, nearly 30% of their FY26 target of ₹1.49 trillion, with DLF and Prestige leading the momentum

Uppal Group commits Rs 100 cr working capital to premium alcobev push

The liquor brand aims to have a bottling plant by the end of ongoing financial year 2026

Reit penetration in office market can reach 25-30% by 2030: Colliers India

Colliers report highlights 371 mn sq ft of Grade A office stock in India holds REIT potential, led by Bengaluru and Hyderabad, with demand from GCCs and BFSI firms driving growth

Altum Credo raises ₹170 cr from BII to expand affordable housing finance

Altum Credo will use the funds to expand credit access for low-income households, strengthen IT systems, and scale operations across existing geographies

Narayana Health unveils AIRA by Athma, AI tool for patient data management

Narayana Health's Athma incubator introduces AIRA, an AI-driven tool designed to streamline patient records, enhance efficiency, and reduce errors in healthcare.

Brigade Ent signs long-term lease for mixed-use development in Chennai

Bengaluru-based Brigade Enterprises signs a long-term lease for a 7-acre site in Chennai to develop a mixed-use destination featuring Grade A office space and a 225-key 5-star deluxe hotel.

Sumadhura Group eyes investment of ₹10,000 crore in next four years

While Sumadhura is primarily a residential developer, its portfolio also spans commercial, warehousing, and plotted development

Nova IVF Fertility introduces AI into IVF labs for precise embryo selection

Nova IVF Fertility introduces AI-powered Vita Embryo across 120 clinics in India, improving IVF success rates and accuracy, in partnership with South Korea's Kai Health

Construction costs surge 40% since 2019; experts call for GST reforms

Construction costs in India's affordable housing sector have surged 40% since 2019, squeezing developer margins. Experts suggest GST reforms could ease costs and protect housing affordability

Table Space leases 5.34 lakh sq ft in Gurugram, to sublease to Google

The space is in Tower 2 of Intellion IT Park, a commercial project developed by Tata Realty's Mikado Realtors. The project is located in Golf Course Extension, near Sector 59, Gurugram

Realty, hospitality firms upbeat on GST Diwali bonanza and tax relief

Real estate and hospitality companies hope that GST reforms, including lower taxes and simplified compliance, will boost demand, support tourism, and aid in the growth of the economy

IndiQube to expand into new cities, targets 30% revenue growth in FY26

The recent market debutant entered new markets like Kolkata and Mohali in the quarter ended June

Brigade Group Q1 profit surges 95% to ₹158 cr on strong residential sales

Robust residential demand and strong launch pipeline drive Bengaluru developer's stellar first-quarter performance

Arintra secures $21m Series A funding led by Peak XV for AI medical coding

The funding, joined by Endeavor Health Ventures and Y Combinator, will boost Arintra's US expansion, product development, and team growth while setting up a Bay Area base

US tariffs threaten to derail India's affordable housing market recovery

Pointing to worker incomes and jobs in micro, small and medium enterprises (MSMEs), and small and medium enterprises (SMEs) that typically make up majority of the customer base of affordable housing

Confident about Biocon's response to US tariffs: Kiran Mazumdar-Shaw

We remain confident in our global footprint and are well positioned to respond once more details are available. , said Biocon Chairperson

Puravankara posts ₹68.55 crore net loss in Q1FY26, revenue down 20%

Lower handovers and sales due to regulatory changes drag Puravankara into the red in Q1FY26 as revenue declines 20.3 per cent and net loss widens to Rs 68.55 crore

Biocon Q1 results: Net profit down 95%, revenue rises 15% to ₹4,022 cr

Biocon's Q1 net profit declines sharply due to high base from one-time gain last year; biosimilars, CRDMO and generics drive revenue and operational growth

Sumadhura Group invests ₹1,000 cr in Capitol Towers for commercial use

Sumadhura Group secures long-term leases from global tenants at its Capitol Towers tech park in Whitefield, projecting Rs 50 crore annual revenue from 5 lakh sq ft of space