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Managed flexible workspace provider Simpliwork Offices is planning to invest Rs 750 crore next fiscal to expand its portfolio and raise up to Rs 2,800 crore in equity and debt for future growth. Founded in 2018, Bengaluru-based Simpliwork Offices currently has an office portfolio of around 4.2 million square feet, roughly 50,000 desks, across major 8 cities. Salarpuria Sattva, one of the leading real estate firms in the country, with a large presence in the office market, has a 50 per cent stake in Simpliwork Offices. Kunal Walia, the founder and CEO of Simpliwork, along with some other investors, holds the remaining stake. In an interview with PTI, Walia noted that the leasing of flexible office space rose during the 2022 calendar year, and demand continues to be strong from large enterprises. The overall leasing of office space crossed 45 million square feet last year, after two years of slowdown due to the COVID pandemic, he highlighted. "Specifically, within that demand, we h

Updated On: 12 Mar 2023 | 11:13 PM IST

US Fed chair Jerome Powell has reiterated that the Federal Open Market Committee (FOMC) is likely to raise rates further than previously anticipated

Updated On: 08 Mar 2023 | 10:47 PM IST

Multiple platforms, organisations and initiatives have come up that can help women set up, grow and lead businesses, fostering a more inclusive and innovative environment

Updated On: 06 Mar 2023 | 7:16 PM IST

Lock into one-two year FDs and continue laddering, say experts

Updated On: 07 Dec 2022 | 10:45 PM IST

Facility supported by MUFG Bank and Sumitomo Mitsui Banking Corporation with equal participation

Updated On: 02 Dec 2022 | 12:02 AM IST

Fund managers and MF distributors expect net inflows to turn positive after completion of rate hike cycle

Updated On: 14 Nov 2022 | 10:34 PM IST

Co to hive off part of debt, receivables to a SPV; to hold 49% stake in SPV

Updated On: 27 Sep 2022 | 10:59 PM IST

BNP Paribas said it has a cautious stance on the Indian markets amid lack of positive catalyst for further earnings upgrades amid slowing global demand, lofty valuations and a slowdown in retail flows

Updated On: 22 Sep 2022 | 9:24 PM IST

The higher yields have provided a good entry point for debt investors after years of low yields

Updated On: 16 Aug 2022 | 11:51 AM IST

Even as stock prices dropped, the earnings half of the P/E equation remained relatively resilient. Now that Wall Street analysts are cutting profit estimates at a faster pace than usual

Updated On: 07 Aug 2022 | 10:23 PM IST

Mauritius has become an attractive destination for debt investments in India

Updated On: 03 Feb 2022 | 12:41 AM IST

In a Q&A, R Sivakumar says the key drivers of foreign flows in India would be the inclusion of Indian bonds in global fixed-income benchmarks

Updated On: 19 Sep 2021 | 8:59 PM IST

The Nifty Midcap and Smallcap 100 indices have by far the best returns among various asset classes so far this year

Updated On: 12 Sep 2021 | 10:11 PM IST

The apex court had upheld on February 12 the validity of e-voting process for winding up of the MF schemes and said that disbursal of funds to unit-holders will continue

Updated On: 14 Jul 2021 | 10:51 PM IST

The government had, in May last year, announced a slew of measures to help MSMEs tide through the Covid-19 crisis.

Updated On: 21 Jun 2021 | 6:10 AM IST

Cash flows in the March quarter and debt reduction are key triggers

Updated On: 21 Mar 2021 | 7:31 PM IST

The company had said in July that it had completed the restructuring and term debt had reduced substantially

Updated On: 21 Oct 2020 | 6:05 AM IST

Banks may look at conserving capital, with asset quality concerns rising amid Coronavirus-induced lockdown

Updated On: 30 Apr 2020 | 12:38 AM IST

Axis Bank was the top loser in the Sensex pack, dropping 9.16 per cent

Updated On: 03 Apr 2020 | 7:39 PM IST

Their tolerance to NAV fluctuations has been tested once too often. Opt for high-quality, low-risk portfolios

Updated On: 10 Mar 2020 | 10:04 PM IST