Stock Market Today: Positive sentiments intact despite the impending Fed rate hike
Share Market LIVE Update: Indices gained 0.5% on Monday as in which Sensex jumped around 300 points and Nifty around 100. All indices ended in green with IT and Realty leading the rally. Coal India stock was underwhelming while Adani Ports and Tech Mahindra jumped.
Traders almost fully expect another jumbo-sized Fed hike next week following two 75-basis-point increases while major currencies regain some of the ground they lost to a surging dollar. Markets in China, Hong Kong and South Korea are closed today for holidays.
12 Sep 2022, 03:24:36 PM IST
Office real estate's coworking share rises to 20% in H1'22 from 6% in 2021: Report
With major companies and businesses including start-ups now opting for co-working, the share of co-working spaces across the top 7 cities post COVID-19 stood at 20 per cent in H1 2022 in comparison to 6% in same period of 2021, shows data compiled by Anarock Group.
However, the the share of IT or ITeS sector declined from 49 per cent in H1 2021 to 36 per cent in H2 2022 due to many IT companies are now also preferring flexible spaces to regular office spaces. (Full Story)
12 Sep 2022, 03:11:43 PM IST
Bharti Airtel's unit Nxtra Data partners with Bloom Energy for fuel cell technology
Bharti Airtel on Monday announced that its subsidiary Nxtra Data Limited has partnered with Bloom Energy to deploy low environmental impact fuel cell installation at its data centres in Karnataka, reducing carbon emissions through a cleaner, hydrogen ready fuel supply.
Nxtra will be the first data centre company in India to deploy fuel cell technology to reduce carbon emissions at its data centres while unlocking cost and sustainability benefits, Bharti Airtel said in a statement. (ANI)
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