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247 CORPORATE PARK
Why IPO valuations, SpaceX’s included, may not conclusively capture the current state of AI playThe AI IPO season is here with SpaceX, Anthropic, and OpenAI preparing for huge listings. These companies are seeking public funds to cover...- In 1999, a Texas farmer donated 87 acres for a public park for just $10, and in 2025, the city sold it to a data center developer for $10 millionA Texas farmer's 1999 gift of 87 acres for a park was intended to benefit local children. Decades later, that land is slated for a data cen...
- Delhi Gymkhana Club has MF investments worth Rs 200 crore, earned more from food and parties than sports: Financial reportDelhi Gymkhana Club saw its surplus surge nearly ten times to Rs 9.5 crore in 2023-24. Restaurants, bars, and banquets drove this revenue g...
- The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
- Gurgaon: Dispense LPG cylinders in 2–3 minutes with BPCL’s new 24/7 serviceGurugram now features India’s first LPG ATM, a 24/7 gas vending machine that dispenses composite cylinders in just 2–3 minutes. This pilot ...
- Bengaluru companies make commute a KRACompanies in Bengaluru are tackling traffic congestion by offering financial incentives for mass transit and carpooling. They are discourag...
- Embassy Office Parks REIT upgrades leasing guidance to 6.5 mn sq ft of office space in FY24The firm has recorded the highest ever leasing of 2 million sq ft across 25 deals, encompassing 1.2 mn sq ft of new leases and 7 lakh sq ft...
- SMFG India Credit expands presence with strategic office lease at Embassy 247 in MumbaiSumitomo Mitsui Financial Group's Indian subsidiary, SMFG India Credit, has signed a lease agreement for 194,000 square feet of office spac...
- HCC jumps over 4% after JV wins Pune Metro Rail ProjectThe contract is for construction of eight elevated metro rail stations .
- Solar tariffs rise slightly in Rajasthan auctionIn the last SECI auction held here in May, the winning bid had been Rs 2.44 per unit, the lowest until now, made by Acme Solar.
- Link Intime leases 60,000 sq. ft. office space in Mumbai’s 247 ParkThe total lease tenure is nine years with a clause of rental reset with 15% appreciation every three years.
- Milestone Capital Advisors looks to raise Rs 1,400 croreIt will make investment primarily in pre-leased assets with the aim to generating periodic yields and capital appreciation on exit.
- Prestige Estates in talks to buy out PE in ExoraPrestige Estates Projects is in final talks to acquire private equity fund Red Fort Capital's 62 per cent stake in the city's Exora Busines...
- Foreign funds Brookfield, Blackstone Group, others eye Red Fort Capital’s stake in Exora business parkPrestige Group, which jointly developed the prime office space with Red Fort Capital owns the remaining 38% stake in the property.
- Wells Fargo, Amazon poised to expand office space in IndiaWells Fargo and Amazon are poised to scoop up one million sqft each of new office space as global corporations renew their roles in the Ind...
- Ansal API looks to raise Rs 500 cr from private equity firmsAnsal API is looking at a fund infusion of about Rs 500 crore from a host of private equity investors for its ongoing construction work in ...
- HCC divests 74 pc stake in 247Park to IL&FS Milestone FundHindustan Construction Company (HCC) on Thursday said that it has divested 74 per cent stake in its new-age business destination 247Park in...
- HCC Realty to dilute stake in Mumbai projectInfrastructure major Hindustan Construction Company (HCC) is in talks with private equity players to offload stake in one of its major proj...
- Boston-based Visual IQ begins India operationsVisual IQ, a Boston-based leading provider of digital Marketing Business Intelligence (MBI), has commenced its Indian operations from Kochi.
- Hiranandani plans to set up 100-acre IT SEZ in cityThe Hiranandani Group is planning a 100-acres special economic zone on the outskirts of Mumbai, a source close to the development said.
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