RANDEV
Entrepreneurship Summit at IIT BHU
The Entrepreneurship Cell of IIT BHU concluded E-Summit 2024, a vibrant celebration of entrepreneurship and innovation in Varanasi. The event featured panel discussions, networking opportunities, pitching sessions, and a Startup Expo showcasing innovative products.
Startups write a $1.5-billion twist in winter’s tale
December brings the highest monthly fundraise of 2023, though the annual total is the lowest in 7 years.
BFSI firms' share rises to 29 pc in total gross office space leasing in Sep qtr across 9 major cities: CBRE
Overall, the consultant said that gross office leasing activity increased by 33 per cent Year-on-Year (Y-o-Y) to 15.8 million square feet during the July-September period across nine cities -- Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, Pune, Kochi and Ahmedabad.
Delhi RERA mandates registration for property given on lease
The Real Estate Regulatory Authority of Delhi has made it mandatory for developers to register the project even in the case where the intention is to lease the area and not sell it. Delhi RERA on Monday has clarified that the commercial projects both office and retail comes under the ambit of RERA even if the developer wants to lease it.
Flight of family office: Why more and more affluent Indians are looking at foreign destinations like Dubai and Singapore to set up family offices
When the son of a consumer firm’s promoter recently decided to relocate from Mumbai to Dubai, he was not looking for new real estate pastures. He wanted, instead, to take care of his crossborder family office. Similarly, a second-generation pharmaceutical business owner from Mumbai has said he would step away from day-to-day operations to manage their new family office in Singapore.
Ecommerce share in warehouse leasing falls to 3% due to declining demand
E-commerce firms' share in Indian warehouse leasing fell to 3% amid declining demand due to the pandemic, compared to over 20% during Covid-19. Physical retailers rented 14% space during the first half of this year, as they witnessed a demand resurgence, according to Savills India. E-commerce had more than a fifth of warehouse space in 2020. Third-party logistics accounted for 44% of the total absorption in H1, followed by manufacturing, retail and fast-moving consumer goods. Experts said companies are also looking to outsource space they had taken during the pandemic.
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Domestic firms continued to lead the absorption in April-June’2023 and H1 2023, says CBRE
Domestic firms continued to lead the absorption in April-June’2023 and H1 2023, accounting for a share of 43% and 46%, respectively, mainly led by flexible space operators, technology corporates and BFSI firms according to a report by CBRE. The report points out that office leasing increased by 12% Q-o-Q and touched 13.9 mn. sq. ft. during the April-June’23 period.
Paw Power: How pets are becoming a serious business in India
India's pet care industry is growing at a CAGR of 16.5%, according to Decipher Market Research Agency, with the market size expected to reach $1,932.6m by 2030. The fastest growing pet care sectors are pet food, pet accessories, grooming, and healthcare, with increased spending leading to higher investor appetite. Premium pet products - such as organic food, luxury accessories, personalised nutrition, and telemedicine - have grown significantly, along with the number of pet care firms, with around 70 founded in the last two years alone.
Rich investors turn to AIFs investing in 'riskier' debt
According to data from the Securities and Exchange Board of India, funds raised by Category II AIFs - investment funds that can invest only in unlisted companies - from investors increased from ₹1.24 lakh crore in March 2020 to ₹2.40 lakh crore in June 2022. AIFs cannot accept less than ₹1 crore from every investor.
ETMarkets Smart Talk: Pre-IPO investing a double-edged sword: Munish Randev
"Since most family offices cannot invest large ticket sizes of more than Rs 50 crore) it's usually not conducive to bid for unlisted entity shares much before the IPO. Hence the pre-IPO funds become the usual alternative. Pre-IPO is also a double-edged sword. If the IPO market is booming and lots of company shares are being lapped up by investors, good quality companies avoid diluting much before the IPO unless some initial investors wish to exit or the company is doing a QIP just before the public issue launch."
RBI looking for at least 50,000 sq ft office space in BKC, South Mumbai
According to an Expression of Interest (EoI) floated by the RBI, the acquisition of office premises is proposed on a long-term lease basis for a minimum 40,000 square feet carpet area located in and around BKC within a radius of 5 km from its BKC office.
Office space leasing to increase by 10-15% in 2022 : Experts
“Occupiers’ intention to expand is expected to exert downward pressure on vacancies in the coming years,” said Anshuman Magazine, chairman & CEO-India, South-East Asia, Middle East & Africa at CBRE.
Haryana government’s reservation law might impact office space leasing
Haryana government on Saturday notified the Employment of Local Candidates Act, 2020 which will be implemented from January 15.
India's logistics space demand resilient: Report
In Asia, the net absorption reached 27.4 million sq ft, a record quarterly high, despite disruption to manufacturing and container shipping, real estate consultancy CBRE's Asia Pacific report said.
78% of warehousing occupiers intend to expand real estate footprint in the next three years : Survey
As per the survey, 84% of occupiers expect the operating environment to improve in the next three years while 78% plan to add to their logistics footprint in the next three years and 61% view cost as the top barrier to expansion.
Corporates' demand for flexible workspace up 73 pc in Jan-Jun period
In its latest report for the office market, property consultant Cushman and Wakefield said the total seats leased by enterprises could cross 50,000 during the 2021 calendar year.
Baba Randev-led Patanjali Group clocks Rs 30k cr turnover in FY'21; aims to be debt free in 3-4 years
The Patanjali Group is aiming to make its companies debt-free in the coming 3-4 years, and a substantial portion of the follow-on public offer (FPO) of Ruchi Soya, which has a debt of around Rs 3,330 crore, will be diverted to pare its debt, Ramdev said while addressing a virtual press conference.
E-commerce firms, third-party logistics lease over 5 lakh sq ft in Gurgaon
“In less than a month, we have already seen close to half a dozen leasing transactions signalling strong growth in the segment. NCR has emerged as the preferred hub for warehousing due to its connectivity to multiple states,” said Vibhor Jain, managing director-north India at Cushman & Wakefield.
Sebi decisions to encourage retail investors' participation in REITs: Realty players
REIT is a tax-efficient vehicle that enables owners of real estate to pool income generating assets together in a portfolio.
Bachendri Pal to lead all women team aged above 50 in Himalayan expedition
Organised by the Tata Steel Adventure Foundation in collaboration with the Ministry of Youth Affairs and Sports under the FIT India banner, the expedition is slated to conclude in the Karakoram range of Jammu and Kashmir in the second week of October.
As Americans head to the polls, COVID-19's long shadow looms
The pandemic has killed about 230,000 people in the country and destroyed millions of jobs, defining the last year of Donald Trump's presidency and becoming a rallying cry for his Democratic opponent, Joe Biden.
Institutions invest $3.5 billion in Indian realty this year
Positive sentiment after first REIT listing helps boost investments.
Five Maoists killed in encounter in Odisha: DGP
Two teams of SOG have been conducting a combing operation since Sunday and they spotted a group of Maoists in the jungle. After noticing the security personnel, the Maoists fired and the SOG jawans retaliated leading to the encounter, police said.
HNIs board flight to safety amid wild swings in market
In equities, investors are opting to stagger their investment in large cap.
Ghodawat sells 2.5 lakh sqft property in Bengaluru for Rs 350cr
The diversified Sanjay Ghodawat Group has interests in aviation, consumer products, education, energy, food processing, mining and textiles.
Gagan Randev joins Colliers International as the National Director, Capital Markets & Investment Services
Gagan will partner with Suresh Castellino, National Director, CMIS at Colliers International to further strengthen the CMIS business with predominant focus on NCR and Kolkata.
Here's how to protect your wealth in times of Brexit-like turmoils
Strategically allocating your wealth across asset classes such as stocks, bonds, real estate and gold can help you weather markets storms.
After taking on global giants like Nestle, Baba Ramdev's Patanjali now targets Horlicks
GSK Consumer, the maker of Horlicks, had announced a disappointing set of numbers for its January-March (Q4FY16) quarter.
Two more cases against Ramdev's trust
With this, the number of cases registered against the trust in past one week in land-related matters has gone up to 83.
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