New Delhi, April 13 (IANS) The office leasing market in India witnessed a 10 per cent year-on-year (YoY) growth to 21.6 million sq ft in the first quarter of 2026, marking the strongest leasing activity in the past five years, according to a report released on Monday.According to the Savills India report, in terms of supply, the activity declined by 28 per cent year-on-year to 7.9 million sq ft, while the overall vacancy rate eased to 13.9 per cent during the same period, supported by steady lea…
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New Delhi, April 12 (IANS) Women’s participation in contractual and flexible roles in India’s IT and ITeS sector has seen a steady rise, reaching 40 per cent in FY26, a new report said on Sunday.The report, titled “Women in IT/ITeS: Trends in Contractual/Flexi Roles” by Careernet, showed that women’s placements have grown by 10 percentage points, from around 30 per cent in FY22 to 40 per cent in FY26.The study is based on an annual sample of around 3,000 contractual placements and indi…
Mumbai, April 9 (IANS) Signature Global has reported a slowdown in company’s performance as the sales bookings fell 20 per cent to Rs 8,220 crore in FY26.This was down from a record Rs 10,290 crore in the previous financial year, according to its regulatory filing.In its key operational updates, the Delhi-NCR-based realty firm said its pre-sales declined 5 per cent year-on-year (YoY) to Rs 1,540 crore in Q4 FY26, compared to Rs 1,620 crore in the same period last year.The dip was accompanied b…
New Delhi, April 9 (IANS) German luxury carmaker Mercedes-Benz India on Thursday reported its highest-ever annual sales, retailing 19,363 units in FY25-26, up 2.29 per cent from 18,928 units in the previous fiscal, driven by strong demand for its top-end and core luxury segments.The company also recorded a 7.45 per cent growth in the January-March 2026 quarter, selling 5,131 units compared to 4,775 units in the same period last year.The German luxury carmaker said its performance was supported b…
New Delhi, April 8 (IANS) Weather conditions across India have begun shifting once again under the influence of an active western disturbance, bringing light to moderate rainfall and a noticeable dip in daytime temperatures across several parts of North and Northwest India.The India Meteorological Department (IMD) has issued warnings for stormy weather in at least 11 states, including Delhi, Uttar Pradesh, and Bihar. Wind speeds in some regions are expected to reach up to 85 kmph. A yellow alert…
New Delhi, April 7 (IANS) Retail sector leasing in India’s top eight cities witnessed steady demand and stood at 1.95 million square feet in Q1 2026, moderating amid limited new mall supply, a report said on Tuesday.The report from commercial real estate services firm Cushman & Wakefield said leasing moderated 28 per cent quarter‑on‑quarter and 10 per cent year‑on‑year.”This moderation follows a strong 2025, which recorded 9.21 million square feet of leasing, the highest annual per…
New Delhi, April 7 (IANS) Rain lashed parts of Delhi-NCR on Tuesday morning, bringing relief from the rising temperatures, as the India Meteorological Department (IMD) issued a yellow alert forecasting strong winds, cloudy skies, rain, and isolated thunderstorms over April 7 and 8.The IMD has also indicated the possibility of one or two spells of rain or thunderstorms over these two days. Partly cloudy skies are expected to continue on April 9. Thereafter, the weather is likely to clear on April…
New Delhi, April 6 (IANS) India’s white‑collar job market closed the financial year on a strong note, with fresher hiring surging 16 per cent YOY, with growth distributed across both metro and non-metro markets, a report said on Monday.The report from Naukri said non‑IT sectors anchored job market expansion, led by hospitality with 21 per cent year‑on‑year growth, followed by BPO or ITES at 18 per cent, oil & gas and education each at 15 per cent, and real estate at 14 per cent.It …
New Delhi, April 6 (IANS) Global capability centres (GCCs) leasing in India reached a record 9.1 million square feet in the January-March period this year — the highest quarterly GCC absorption on record, a report showed on Monday.This comes against the backdrop of the country’s overall office sector registering a gross absorption of 20.7 million sq ft — the highest level recorded for any quarter, according to the report by CBRE South Asia Pvt Ltd.As compared to 19.7 million sq ft in Q1 2025…
New Delhi, April 4 (IANS) In a major crackdown under its zero-tolerance policy against drugs, the Delhi Police’s Anti-Narcotics Squad (ANS) on Saturday arrested two drug suppliers and seized a commercial quantity of ganja, along with cash and packaging materials. According to the East District Police, the operation led to the arrest of two accused, identified as Nadeem, 28, and Monu alias Abhishek, 25. The police recovered 45.760 kg of ganja, valued at approximately Rs 23 lakh in the illicit m…