New Delhi, June 12 (IANS) India’s flexible office sector crossed the 100 million sq ft mark and ended FY26 on its strongest commercial footing yet, with robust revenue growth, expanding profitability and increasing enterprise adoption, a report said on Friday.The report from flexible workspace platform myHQ said Global Capability Centres accounted for a record 45.5 per cent of all office leasing in Q1 CY26 and that enterprise clients contributed the majority of revenue across every listed oper…
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Mumbai, June 11 (IANS) Business-to-Business (B2B) travel and tourism aggregator UHM Vacation Limited made a weak debut on the BSE SME platform on Thursday, with its shares listing at a sharp discount to the issue price amid subdued investor sentiment.The stock opened at Rs 132.80 per share, nearly 20 per cent below its IPO price of Rs 166. Selling pressure continued after listing, pushing the stock to its 5 per cent lower circuit limit of Rs 126.20 per share.The opening price remained the stock’…
New Delhi, June 2 (IANS) White-collar hiring remained stable in May 2026 in India, as the insurance sector continued to lead with a over 19 per cent year-on-year (YoY) growth followed by BPO/ITES at over 9 per cent, a report said on Tuesday.The report from jobs portal Naukri said that healthcare at over 6 per cent and hospitality at over 5 per cent were other top growing sectors. Its Naukri JobSpeak Index touched 2836 in May 2026, marginally higher than the 2807 mark recorded in the same month l…
New Delhi, June 1 (IANS) Industry Chamber PHDCCI on Monday said that the India–Oman Comprehensive Economic Partnership Agreement (CEPA) strengthens India’s trade connectivity with the GCC and East Africa through strategic logistics infrastructure.The agreement will strengthen economic integration of both countries by improving market access, trade benefitting exporters, professionals and investors, according to a statement.“Reduced trade barriers will open new opportunities for MSMEs and s…
New Delhi, June 1 (IANS) India has become only the second nation, after the US, to secure a Comprehensive Economic Partnership Agreement (CEPA) with Oman, the government said on Monday, as the trade pact came into force, marking a defining milestone in bilateral economic relations and opening a transformative new chapter in strategic trade and investment cooperation between the two countries.Commerce and Industry Minister Piyush Goyal said that the CEPA marks a defining milestone in India’s en…
New Delhi, May 14 (IANS) Hiring activity across India’s semiconductor design global capability centers (GCC) gained momentum in Q1 2026, with open roles rising to 3,549 by March, a report said on Thursday.The report from Careernet said small‑scale GCCs accounted for 50 per cent of centers and led hiring momentum, with Hyderabad emerging as a growing hub alongside Bengaluru.Semiconductor design GCCs accounted for about 5 per cent of India’s total GCC landscape and have grown at 7.2 per cent…
Cairo, May 5 (IANS) Countries in the Middle East and regional organizations condemned Iran’s attacks on the United Arab Emirates (UAE), saying the attacks represent a dangerous escalation threatening regional security and stability.Saudi Crown Prince and Prime Minister Mohammed bin Salman spoke by phone with UAE President Sheikh Mohamed bin Zayed Al Nahyan, condemning the latest Iranian attacks, Xinhua news agency reported quoting Saudi Press Agency (SPA).The Saudi crown prince expressed the kin…
Riyadh, April 29 (IANS) Gulf Cooperation Council (GCC) Secretary General Jasem Mohamed Albudaiwi said on Tuesday that GCC states have rejected Iran’s illegal measures to close the Strait of Hormuz and obstruct navigation through the waterway. The statement was made at the 19th Consultative Meeting of GCC leaders held in Saudi Arabia’s port city of Jeddah on Tuesday.Albudaiwi said the leaders also rejected any measures that would negatively affect navigation through the strait, including the impo…
New Delhi, April 17 (IANS) India’s construction market, currently valued at $685 billion in 2025, is projected to touch $1.2 trillion by 2034 at a CAGR of 6.9 per cent driven by sustained infrastructure investments and urban development, a report said on Friday.The report from Savills India and Hotelivate said that demand for offices remains robust, driven by GCC expansion and occupier preference for Grade-A, sustainable workspaces. Construction costs rose by 6.4 per cent–7.6 per cent, large…
Tehran, April 5 (IANS) Iranian Foreign Minister Seyed Abbas Araghchi condemned a US-Israeli strike near Iran’s Bushehr nuclear power plant earlier in the day and warned of its potential lethal consequences for the West Asia region.Earlier, Tehran confirmed that a projectile hit near Iran’s only operating nuclear power plant on Saturday morning, killing one security worker and damaging a building on the site. It marked the fourth such attack since the US-Israel-Iran conflict began, Xinhua news ag…