SBI to Sell Over 13 Per Cent Stake in YES Bank to SMBC

Schloss To Build Leela Hotel in Mumbai's BKC

Schloss Bangalore, the operator of premium hotels under 'The Leela' brand, has secured land allotment for a new 250-key luxury hotel in Mumbai’s Bandra Kurla Complex (BKC). The announcement was made via stock exchange filing on 3 June following approval from the Mumbai Metropolitan Region Development Authority (MMRDA).The project site, measuring 8,412 square metres, has been leased to Schloss Bangalore and its consortium partners for a period of 80 years. The total lease premium amounts to over Rs 13 billion. According to the terms, 25 per cent of the lease amount must be paid within two mon..

Noida To Build 400-Metre Skywalk at Sector-62/63

The Noida Authority has approved the construction of a 400-metre-long circular skywalk at the Sector-62/63 intersection near the Delhi-Meerut Expressway. Estimated to cost Rs 400 million, the project aims to benefit nearly 50,000 pedestrians daily by enhancing safety and streamlining traffic flow.Designed with a modern circular layout, the skywalk will feature an iron roof for protection against rain and heat. Escalators and lifts will be installed on both sides to ensure accessibility for senior citizens, women, and persons with disabilities.The skywalk will link to the existing foot overbrid..

91Springboard Adds 6 New Hubs in Key Cities

Co-working operator 91Springboard has expanded its national footprint by launching six new centres totalling around 3,600 desks in Mumbai, Delhi-NCR, and Pune. The addition brings over 158,000 square feet of new workspace to its portfolio, catering to corporates increasingly opting for flexible office solutions.With this latest expansion, 91Springboard now operates approximately 30,000 desks across more than 1.5 million square feet in India. The company serves a diverse clientele, ranging from entrepreneurs and freelancers to mid- and large-sized enterprises.“These new hubs are more than jus..