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Anagh Pal
29 Sep 2023, 16:40

Domestic occupiers keep office space demand high in 2023

Domestic occupiers keep office space demand high in 2023

Domestic occupiers keep office space demand high in 2023

During the first three quarters of 2023, there was a 38 million square feet of gross absorption in office space in the the top six cities. This figure closely matched the gross absorption during the same period in 2022, indicating a robust trend even in the face of ongoing global uncertainties, as per a report by Colliers, a diversified professional services and investment management firm.

Jet Airways hits upper circuit after Jalan Kalrock Consortium infuses Rs 100 cr more
29 Sep 2023, 12:09

Jet Airways hits upper circuit after Jalan Kalrock Consortium infuses Rs 100 cr more

Jalan Kalrock Consortium, the winning bidder for the revival of grounded carrier Jet Airways, on Friday said it has infused an additional Rs 100 crore in the airline as per the court-approved resolution plan. JKC also said it is expecting the airline to be up and running next year with the launch date likely to be announced in the next few days.

200mm fab capacity to reach record high due to automobile chip boom
28 Sep 2023, 13:43

200mm fab capacity to reach record high due to automobile chip boom

Global fabrication capacity for 200-millimeter wafers is forecast to jump 14 per cent over the next three years, a report showed on Thursday, as demand for chips used in electric vehicles (EVs), in particular, is sharply rising. "The global semiconductor industry's ramp to record 200mm fab capacity highlights the bullish expectations for growth in the automotive market in particular," SEMI President and CEO Ajit Manocha said.