Mindspace REIT Reports Strong Q1 FY26 with 24% NOI Growth

06 Aug 2025 CW Team

Mindspace Business Parks REIT (NSE: MINDSPACE | BSE: 543217), a leading owner and developer of Grade A office spaces in India, has announced strong results for the quarter ended 30 June 2025. The REIT reported a 24.2 per cent year-on-year increase in Net Operating Income (NOI) to approximately Rs 616 crore, supported by robust leasing activity, increasing rents, and high occupancy levels. Committed occupancy reached 93.7 per cent, while gross leasing totalled approximately 1.7 million sq. ft.

Mindspace REIT declared a quarterly distribution of approximately Rs 353 crore, with a Distribution per Unit (DPU) of Rs 5.79, marking a 14.9 per cent year-on-year growth. The trust also concluded its first third-party acquisition outside its core portfolio with the Rs 512 crore purchase of Q-City in Hyderabad, now rebranded as ‘The Square, 110 Financial District’.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..