Stay updated with breaking news from Information Technology It Ite. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Information technology (IT) solutions provider Orient Technologies Ltd has filed preliminary papers with Sebi to raise funds through an Initial Public Offering (IPO). The initial share-sale is a combination of a fresh issue of Rs 120 crore and an Offer For Sale of up to 46 lakh equity shares by promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Tuesday.
Office market in top eight cities record transactions of 22.2 mn sq ft in the July-December 2020 period: Knight Frank report Bengaluru witnessed a surge of 8% year-on-year (YoY) to 7.5 mn sq ft in H2 2020 in leasing activities. The growth can be attributed to large occupiers who remained committed to their long-term business expansion plans. The office market in top eight cities recorded transactions of 22.2 mn sq ft in the July-December 2020 period, whereas new completions were recorded at 17.2 mn sq ft in the same period. With the return to normality, gross leasing revived to 31% of the qua...