Career News & Insights

WeWork India profit jumps 512% to Rs 52 crore in Q3 FY26; revenue rises 27%

WeWork India Management Limited reported its strongest quarterly performance to date in Q3 FY26, posting record revenue, profitability and cash flows. The premium flexible workspace operator reported revenue of Rs 640.3 crore for the quarter, up 27% year-on-year and 9.6% sequentially. Earnings before interest, tax, depreciation and amortisation (IGAAP equivalent) rose 47.6% year-on-year to Rs 134.6 crore, with EBITDA margins expanding to 21.0%. Profit after tax stood at Rs 52 crore, marking a 511.8% year-on-year increase. Free cash flow from operations increased to Rs 203.8 crore during the quarter, while Return on Capital Employed improved to 32.6%, reflecting improving unit economics and balance sheet strength. Operationally, WeWork India managed a portfolio of 8.2 million sq ft across 73 centres in eight cities, with assets under management of 11.4 million sq ft including letters of intent. The company operated 1.22 lakh desks at an overall occupancy of 83.9%, while mature centre...

India-EU Trade Deal: From Cars To Olive Oil, What’s Likely To Get Cheaper For Indians

India-EU FTA promises cheaper European cars, beer, wine, food, medical equipment, and machinery as tariffs on over 90% of EU goods are slashed or removed.

Japan's Nikkei rises as yen weakens, chip-related shares advance

Japan's Nikkei share ​average ended higher on Tuesday, as technology stocks extended ⁠their advance after the yen lost some gains.

L&T Q3 Results Preview: Profit seen surging 20–35% YoY, revenue uptick likely around 16%. 6 things to watch

Larsen & Toubro is set for a strong December quarter, with brokerages forecasting 20–35% profit growth, double-digit revenue and EBITDA gains, improving margins, and a robust order book driven by steady execution and operating leverage across infrastructure and hydrocarbons segments.

New KHB Township Planned Near Kengeri: When Will It Be Ready And Who Can Apply

The area lies close to Mysuru Road, NICE Road, and the extended stretch of the Namma Metro Purple Line. This makes the proposed township attractive for daily commuters.

Axis Bank evaluating acquisition of promoter stake in CreditAccess Grameen: Sources to CNBC-TV18

CreditAccess Grameen is one of the leading microfinance institutions in India. The company has a strong presence across rural and semi-urban markets. The company has a branch network of 2,222 branches.

India-EU FTA: European wines to get less expensive

Under the pact, the duty on EU wines would fall from 150% to 20% (for expensive ones)

India-EU FTA — Mother of All Deals

The talks for the pact were concluded on Friday (January 23), and it was approved by the Union Cabinet on Saturday (January 24)

India–EU Trade Deal: Tariffs Set To Be Cut On Over 90% Goods, Wine And Chocolate On Zero-Duty List

India–EU Trade Deal: Under the agreement, several European goods imported into India will attract zero tariffs

WeWork India posts Rs 17cr profit in Dec quarter on revenue growth

Realty firm WeWork India on Tuesday reported a consolidated net profit of Rs 16.78 crore in the third quarter of this fiscal year on higher revenue.

The India–EU deal’s big swap: Automobiles and wine for labour-intensive goods

Raymond profit jumps 78% YoY on aero, defence component demand; shares surge 14%

India's Raymond reported a 78% rise in ‍quarterly profit on Tuesday, ​supported by robust demand for its ⁠aero and defense components.