Bullish on demand for premium workspace, Embassy Office Parks REIT will invest Rs 3,800 crore over the next four years to complete its ongoing office complexes as part of its strategy to expand rental portfolio. Embassy REIT, which is India's first publicly listed Real Estate Investment Trust (REIT), currently has 36.5 million (365 lakh) square feet of completed office space across Bengaluru, Mumbai, Pune and Delhi-NCR.…Bullish on demand for premium workspace, Embassy Office Parks REIT will invest Rs 3,800 crore over the next four years to complete its ongoing office complexes as part of its strategy to expand rental portfolio. Embassy REIT, which is India's first publicly listed Real Estate Investment Trust (REIT), currently has 36.5 million (365 lakh) square feet of completed office space across Bengaluru, Mumbai, Pune and Delhi-NCR.WW…

The activity in India's service sector eased from a month ago, but continued to show expansion in April, a private survey showed. Despite falling to 60.8 in April from 61.2 at the end of the previous fiscal quarter, the seasonally adjusted HSBC India Services Business Activity Index highlighted one of the strongest growth rates seen in just under 14 years, according to a press release. Composite PMI fell slightly to 61.5 in April from 61.8 in March, but it remained one of the highest prints seen in close to 14 years. A figure above 50 indicates expansion. The latest upturn in output...…The activity in India's service sector eased from a month ago, but continued to show expansion in April, a private survey showed. Despite falling to 60.8 in April from 61.2 at the end of the previous fiscal quarter, the seasonally adjusted HSBC India Services Business Activity Index highlighted one of the strongest growth rates seen in just under 14 years, according to a press release. Composite PMI fell slightly to 61.5 in April from 61.8 in March, but it remained one of the highest prints seen in close to 14 years. A figure above 50 indicates expansion. The latest upturn in output...WW…

"Tata Starbucks had a subdued quarter given the overall trends that we're seeing in the QSR [quick service restaurants] business," said Sunil D'Souza, managing director and chief executive officer at Tata Consumer Products. He, however, indicated that March was an improvement over February, and April was even better than March. "So, we see a better trend right now, and we remain focused on the larger India opportunity." Tata Starbucks Pvt. took 11 years to scale its operations to a revenue of over Rs 1,000 crore. Although the joint venture turned positive at the Ebitda level for the fiscal...…"Tata Starbucks had a subdued quarter given the overall trends that we're seeing in the QSR [quick service restaurants] business," said Sunil D'Souza, managing director and chief executive officer at Tata Consumer Products. He, however, indicated that March was an improvement over February, and April was even better than March. "So, we see a better trend right now, and we remain focused on the larger India opportunity." Tata Starbucks Pvt. took 11 years to scale its operations to a revenue of over Rs 1,000 crore. Although the joint venture turned positive at the Ebitda level for the fiscal...WW…