Co-working spaces set to expand capacity in 12-24 months as demand rises | Company News

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

Expect a time, price correction over next few months: Jyotivardhan Jaipuria

Premium Jyotivardhan Jaipuria, founder & MD, Valentis Advisors After a sharp run since their March 2023 lows, the markets seem to be in a phase of consolidation. JYOTIVARDHAN JAIPURIA, founder and managing director at Valentis Advisors, tells Puneet Wadhwa in a telephonic conversation that they have been creating some cash recently to enable them… Continue reading Expect a time, price correction over next few months: Jyotivardhan Jaipuria

Indian air carriers’ load factors dip below 90% in July after two months

The average daily load factor of each major Indian air carrier dipped below 90 per cent in July, after two months, according to the data from the Ministry of Civil Aviation, which has been reviewed by Business Standard. Following the suspension of all flights from Go First from 3 May onwards, the passenger traffic… Continue reading Indian air carriers’ load factors dip below 90% in July after two months

6 months after devastating quake, Turkey’s preparedness still uncertain

Dust and rubble fill the street as an excavator tears off chunks of concrete from an old apartment building. Bystanders and former residents watch from afar as construction equipment tears down the structure. Among the bystanders is Ibrahim Ozaydin, 30, a former resident. He watches the demolition not with worry, but with… Continue reading 6 months after devastating quake, Turkey’s preparedness still uncertain

India can achieve $5-trn economy target within 18 months: NaBFID chairman

K V Kamath, chairman of the National Bank for Financing Infrastructure and Development (NaBFID), expressed his confidence in India’s potential to achieve the $5-trillion economy target within 18 months. “Between 2003 and 2008, we doubled our growth, which was the fastest growth till now. There were various reasons we slowed down, but we… Continue reading India can achieve $5-trn economy target within 18 months: NaBFID chairman

Sebi reduces time limit for AIFs, VCs to invest overseas to 4 months

If these funds fail to make investments within this time limit, then Sebi can allocate their unutilized limits to other applicant AIFs and VCs. Capital markets regulator Sebi on Friday reduced the validity period of approval given to alternative investment funds (AIFs) and venture capital funds (VCFs) for making overseas investments to four months… Continue reading Sebi reduces time limit for AIFs, VCs to invest overseas to 4 months

Liam Hendriks undergoes Tommy John surgery months after return from non-Hodgkin lymphoma

Chicago White Sox closer Liam Hendriks underwent successful surgery Wednesday morning to repair a torn ulnar collateral ligament in his right elbow – known as Tommy John surgery – and will need 12 to 14 months to recover.  Hendriks was placed on the 15-day injured list on June 11 with right elbow inflammation. He appeared… Continue reading Liam Hendriks undergoes Tommy John surgery months after return from non-Hodgkin lymphoma

36 govt websites faced hacking incidents in first six months of 2023

As many as 36 websites of ministries and departments under the central and various state governments faced hacking incidents in the first six months of 2023, Parliament was informed on Wednesday. Cyber security watchdog CERT-In tracked these incidents. According to data shared by Minister of State for Electronics and IT Rajeev Chandrasekhar… Continue reading 36 govt websites faced hacking incidents in first six months of 2023

Meesho delists 5.2 million counterfeit, restricted products in six months

SoftBank-backed e-commerce firm Meesho has delisted nearly 42 lakh counterfeit and infringing product listings and 10 lakh restricted products in the past six months, the company said on Wednesday. The total deactivated products account for less than 5 per cent of the total products listed on Meesho’s platform, a company official said. … Continue reading Meesho delists 5.2 million counterfeit, restricted products in six months

Indians spent Rs 5,000 crore on cosmetics in 6 months, mostly online: Study

Within the past six months, over 100 million cosmetic items, ranging from lipstick and nail polish to eyeliner have been sold, generating a revenue of Rs 5,000 crore, with nearly 40 per cent of these purchases occurring online, according to Economic Times. These trends were recorded through a study by Kantar Worldpanel. Key… Continue reading Indians spent Rs 5,000 crore on cosmetics in 6 months, mostly online: Study