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Supreme Court Drama Unfolds in Smartworks IPO Case 0
- Industry News
- August 22, 2025
The Supreme Court witnessed high-stakes drama as a legal battle erupted over the Initial Public Offering (IPO) of Smartworks Coworking Spaces Limited. At the centre is an NGO’s claim of a fabricated document from the Ministry of Corporate Affairs (MCA), raising questions about corporate transparency, regulatory compliance, and investor confidence. The case highlights the interplay between market regulators and the judiciary in India’s startup ecosystem.
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EFC India Makes Strong NSE Debut, Posts Record Growth 0
- Industry News
- August 22, 2025
EFC India, a managed office infrastructure and design services provider, has begun trading on the National Stock Exchange (NSE) after its earlier BSE listing. The move is set to enhance liquidity, boost investor confidence, and support expansion efforts. EFC’s latest quarterly results show nearly 200% profit growth, with operating revenue more than doubling as demand rises from IT/ITeS, BFSI, and e-commerce sectors. Seat capacity has now surpassed 60,000, underscored by a robust order book and a fresh INR 57 crore fit-out contract.
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Real Estate to Make Uttar Pradesh a Global Capability Centre (GCC) Hub 0
- Industry News
- August 21, 2025
Uttar Pradesh (UP) is rapidly positioning itself as a premier destination for Global Capability Centres (GCCs), aiming to attract multinational companies to establish technology, analytics, and digital service hubs. Supported by a robust GCC Policy 2024, the state emphasises a skilled workforce, cost-effective infrastructure, and comprehensive incentives to foster investment and employment growth.
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Mumbai Signs MoUs to Attract Over ₹42,000 Crore Investment 0

The Maharashtra state government has signed memorandums of understanding (MoUs) with 10 companies to attract investments totalling ₹42,892 crore, focusing mainly on solar and green energy, data centres, and related infrastructure. This investment drive is part of the state’s efforts to boost industrial growth, generate employment, and strengthen sectors of strategic importance.

India’s Office Leasing Up 24% in H1 2025 Led by Mumbai, Pune, and NCR.0

India’s office leasing market recorded a strong 24% growth in the first half of 2025, driven predominantly by demand in Mumbai, Pune, and the National Capital Region (NCR). The total leasing volume reached a record 48.9 million square feet across eight major cities, marking the highest ever for a six-month period.

Israel Aerospace Industries Subsidiary Leases 45,000 Sq Ft in Gurugram for ₹32 Lakh Monthly 0

Israel Aerospace Industries’ (IAI) Indian arm, Israel Aerospace India Services Pvt Ltd, has secured a significant 45,277sqft office lease at Intellion IT Park in Gurugram for ₹32.14lakh per month, reflecting its deepening engagement with India’s defence and technology ecosystem.

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