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Business Economy


Coworking space provider Incubex NestaVera to invest Rs 100 Cr for expansion

Bangalore, Dec 11 (UNI) Incubex NestaVera, a leading coworking, enterprise workspace and serviced offices space provider is investing close to Rs 100 crore to bolster its network across Bangalore and to expand in other cities such as Hyderabad, Pune and Mumbai.
The company has raised the funding commitments through internal sources and plans to launch new and innovative products/services and further enhance its existing technology platform. Founded in 2014, according to a release here on Tuesday.
Mr Priyatosh Ranjan, Founder and CEO, Incubex NestaVera said, “ We believe there is a massive market opportunity in the co-working and enterprise office space. Our priority is to deepen the penetration in existing markets and enter new cities. We are already EBITDA positive and generating positive returns. The additional capital will aid us in expanding our footprint and we plan to touch 1 million sq ft in next 18 months. We are also targeting Rs 100 crore topline in FY 2019-20 and look to establish ourselves as a key player in the Indian shared workspace market.”
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Bridgestone’s custom built Potenza tyres for Maserati’s return to supercars: the MC20

28 Sep 2020 | 2:03 PM

Kolkata, Sep 28 (UNI) Bridgestone has been selected as the exclusive tyre supplier for the MC20, Maserati’s new super sports car.

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Lupin launches Atorvastatin Calcium Tablets USP

Lupin launches Atorvastatin Calcium Tablets USP

28 Sep 2020 | 1:52 PM

Mumbai, Sep 28 (UNI) Pharma major Lupin on Monday announced the launch of Atorvastatin Calcium Tablets USP, 10 mg, 20 mg, 40 mg, and 80 mg, having received approval from the United States Food and Drug Administration (US FDA) earlier.

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Hisense Announces Global Brand Ambassador Gong Li

28 Sep 2020 | 1:26 PM

QINGDAO, China, Sept 28, 2020 /PRNewswire/ - On September 27, Hisense, topped the Chinese TV market by market share for the 16th straight year and announced its cooperation with Gong Li as the global brand ambassador days after the release of "Leap". The international movie star Gong Li, who leads the Chinese women's volleyball team to win world championships in the movie, now plays The Champion of Television.

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Deepak Nitrite Limited Recognised by ICC as the Best Environment, Health and Safety (EHS) Compliant Company

28 Sep 2020 | 1:22 PM

MUMBAI, India, Sept 28, 2020 /PRNewswire/ - Deepak Nitrite Limited (DNL) was conferred as Best Compliant Company in Environment, Health and Safety(EHS) by Indian Chemical Council (ICC) - the apex national body of the Indian Chemical Sector.

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Tech Mahindra recognised as leader Gartner Magic Quadrant for IT Services

28 Sep 2020 | 1:11 PM

Mumbai, Sep 28 (UNI) IT major, Tech Mahindra, on Monday said that the company has been recognized as a leader in Gartner’s September 2020 Magic Quadrant for IT Services for Communication Service Providers, Worldwide.

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