Co-working spaces in India are set to expand capacity in the next 12-24 months due to a surge in demand from startups, global capability centres (GCCs), and IT/ITeS companies, driven by the need for flexibility and cost optimization. According to a recent report by private equity advisory firm Avendus, India’s flexible workspace market… Continue reading Co-working spaces set to expand capacity in 12-24 months as demand rises | Company News
Tag: demand
German carmaker Volkswagen to tap demand for performance-oriented vehicles | Auto
The growth of GT sales is not limited only in the metros and cities, he said, adding that “if I look at the GTs even in the Tier II and tier III towns, almost 20 to 25 per cent of my sales are the GTs”. German carmaker Volkswagen is seeking to cash in on… Continue reading German carmaker Volkswagen to tap demand for performance-oriented vehicles | Auto
Lok Sabha elections: Parties line up merchandise, but demand is muted | Politics News
Premium A shop selling selling political merchandise in Delhi’s Sadar Bazaar. (Photo: Anushka Bhardwaj) With the 18th Lok Sabha elections beginning in a few weeks, political parties are leaving no stone unturned to ensure their visibility. A plethora of merchandise, including t-shirts, mugs, caps, mufflers, and badges — adorned with party logos and leaders’… Continue reading Lok Sabha elections: Parties line up merchandise, but demand is muted | Politics News
Mother Dairy expects 30% demand surge this summer for milk products: MD | Company News
The company, he said, is fully prepared to match this growing demand and has invested up to Rs 50 crore to augment capacities to ensure adequate availability of its products | Photo:X @MotherDairyMilk Mother Dairy will launch this summer 30 new products, mainly in ice cream and yoghurt categories, as it expects a 25-30… Continue reading Mother Dairy expects 30% demand surge this summer for milk products: MD | Company News
MedPlus Health reports 18% rise in Apr-June qtr profit on retail demand
Its revenue rose 29.2% to 12.84 billion rupees in April-June quarter, which managed to offset a 29% rise in expenses. BENGALURU (Reuters) – India’s MedPlus Health Services reported a 18.3% rise in first-quarter profit on Monday as increased presence of the pharmacy helped drive its retail sales. The company’s consolidated net profit rose… Continue reading MedPlus Health reports 18% rise in Apr-June qtr profit on retail demand
PB Fintech’s net loss narrows to $1.4 mn in Q1 on loan, insurance demand
Revenue from operations rose 31.8% to 6.66 billion rupees, with revenue from Policybazaar and Paisabazaar, its core online business, growing 39% to 5.16 billion rupees. India’s PB Fintech the parent of online insurance aggregator Policybazaar, reported a narrower first-quarter loss on Monday on growing demand for insurance and loans. PB Fintech, which… Continue reading PB Fintech’s net loss narrows to $1.4 mn in Q1 on loan, insurance demand
Five-day work week in banks soon as industry demand gets nod from IBA
In a meeting held last month, the Indian Banking Association (IBA) gave its nod to the industry’s demand for five days of banking, The Hindu BusinessLine (BL) reported on Monday, citing sources. The proposal has now been sent to the finance ministry for its final approval. “The matter has now been escalated to the… Continue reading Five-day work week in banks soon as industry demand gets nod from IBA
Businesses optimistic on demand, climatic factors a concern: Britannia
Businesses in India are optimistic on demand conditions despite apprehensions about global recession though challenges from a shortfall in monsoon due to ‘El Nino’ conditions still persist, said leading bakery and food company Britannia Industries. The trajectory of inflation during FY24 would depend on a host of domestic and global factors, said Britannia… Continue reading Businesses optimistic on demand, climatic factors a concern: Britannia
Demand on data-related issues, concessions on dairy out of India-UK FTA
Protecting the interest of domestic players, India has kept demands of Britain on data related issues and giving any kind of duty concessions on dairy sector out of the ambit of the proposed free trade agreement being negotiated between the two countries, sources said. However, India is looking at providing duty concessions on… Continue reading Demand on data-related issues, concessions on dairy out of India-UK FTA
Tata Motors to bolster sales infra as it looks to tap demand for EVs
Tata Motors is looking to expand sales outlets in Tier II and Tier III cities in order to cater to the increased demand for its electric model range from such locations, according to a top company executive. The company, which ended the first quarter with sales of around 19,000 electric vehicle units, is… Continue reading Tata Motors to bolster sales infra as it looks to tap demand for EVs