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Indian flexible workspace companies are seeing robust revenue growth and better profits. This is due to strong demand from large businesses and global centers. Companies are shifting to flexible office spaces across multiple cities. Occupancy rates are high, and more centers are becoming profitable. This trend is expected to continue, driving further expansion and stability in the sector.
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News and Media
Omnitech Engineering plans to raise 418 crore via a fresh issue and 165 crore through an offer for sale to fund new facilities and repay debt. Despite a loyal customer base and strong export revenue, the company faces geographical and tariff risks, a longer working capital cycle, and negative operating cash flow in FY25, prompting investor caution.
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News and Media
IDFC First Bank has settled 583 crore with the Haryana government despite an ongoing financial fraud investigation. The bank confirmed full payment of principal and interest, emphasizing its commitment to customer-first principles and cooperation with authorities to apprehend those responsible. This proactive payment was made without waiting for the investigation's conclusion.
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News and Media
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