Mindspace Business Parks REIT slipped 0.30% to Rs 302.14, declining for the third session.
The REIT has corrected nearly 1% in three sessions, from its recent closing high of Rs 305.10 on 2 March 2021.
In the past one month, the REIT unit has declined by 8.48% while the benchmark Sensex shed 0.02% during the same period.
Mindspace Business Parks REIT said that a meeting of executive committee of the manager shall be held on Tuesday, 9 March 2021, to consider and approve raising of funds by Mindspace REIT through issue of debt securities aggregating upto Rs 450 crore by way of private placement, in one or more tranches/series/issuances/phases.
Andhra Pradesh Industries Minister Mekapati Goutham Reddy on Friday directed officials to explore the viability of establishing a mega IT office complex at , on the lines of Raheja Mindspace in Hyderabad. Reddy directed officials to appraise any place near the millennium tower in the port city for the future IT park. The IT industry is the sector which can provide jobs in huge numbers, noted Reddy, even as the Mindspace complex standing on just nine acres of land in the Hitech city area of Hyderabad houses several companies and provides thousands of jobs. However, he observed that the Chief Minister Y.S. Jagan Mohan Reddy was not wishing for business process outsourcing jobs alone when they talked about IT jobs .
In HyderabadWipro announced that it has been chosen as a strategic technology services partner by Fiat Chrysler Automobiles (FCA) to establish its first Global Digital Hub in Hyderabad, India.
This digital hub, called FCA ICT India, will support FCA s Information and Communication Technology operations to focus on delivering premium mobility services and help FCA achieve its goal to enhance customer centricity through digital transformation.
As part of this engagement, Wipro will source and build a talent pool of more than 1000 skilled consultants and technologists for FCA ICT India who will help develop capabilities around futuristic technologies. The hub will showcase world-class high-performance engineering skills and digital best practices. FCA ICT India will be built from the ground up to meet FCA s specific needs and growth agenda in the region. Wipro s global expertise in the automobile sector will enable FCA to acquire the best talent and achieve digital transformation at s