Byju's Cuts Costs, Vacates 0.4 Mn Sq Ft in Bengaluru

21 Feb 2024 CW Team

EdTech major Byju's has opted to streamline its costs by vacating a substantial 4 lakh sq ft of office space in Bengaluru. This strategic decision reflects the company's efforts to optimise operational expenses and adapt to evolving workplace trends in the aftermath of the changing work landscape.

The move to relinquish office space aligns with the growing trend of organisations reevaluating their real estate needs in response to increased remote work adoption. Byju's decision to optimise its workspace is indicative of a broader shift in corporate strategies, emphasising flexibility and efficiency in the utilisation of physical office spaces.

This cost-cutting measure is expected to contribute to Byju's overall financial efficiency and agility in the current dynamic business environment. The move comes as companies across various sectors reassess their office requirements and adopt more agile approaches to accommodate remote work preferences and changing workforce dynamics.

Byju's, a prominent player in the EdTech sector, joins the ranks of organisations worldwide adapting to the evolving nature of work post-pandemic. The decision to vacate office space underscores the company's commitment to staying adaptive, cost-effective, and aligned with contemporary workplace trends.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..