WEWORK
Corporates ready to pay more for hospitality-led premium office spaces
Large companies are increasingly choosing premium managed offices in Grade A+ buildings, prioritising hospitality-led services, flexibility and employee experience over traditional workspaces. Enterprise occupiers now account for nearly 70% of flex seat demand, with premium operators expected to command an even higher pricing advantage as corporate demand continues to grow.
WeWork India posts Rs 4.3 cr loss in Jun quarter
In its latest quarterly report, WeWork India has revealed a net loss of Rs 4.30 crore, which is a notable reduction compared to last year's loss of Rs 14.10 crore. Total income for the April-June period rose to Rs 700.74 crore, while operational expenses increased to Rs 704.77 crore, illustrating the company's ongoing adaptations within the coworking sector.
WeWork India Management shares slide 5%; Q1 loss narrows, revenue jumps 27% YoY
WeWork India reported a narrowed net loss of Rs 4.31 crore for Q1FY27. Revenue from operations increased 27.74% year-on-year to Rs 683.83 crore. The company expanded its operational portfolio by 18.5% to 79 centres. Free cash flow from operations grew significantly by 176.1% year-on-year. Despite a stock dip, medium-term returns have been strong.
Q1 results today: Jio Financial, Wipro, Polycab India, BHEL among 41 companies to report earnings
The June quarter earnings season gathers pace on July 16, with 41 companies, including Jio Financial Services, Wipro, Tech Mahindra, BHEL, Polycab India and 360 One, set to announce results. Corporate earnings are expected to grow around 10%, marking the strongest expansion in four quarters after TCS kicked off the reporting season on July 9.
SoftBank's Masayoshi Son says AI will need $5 trillion per year by 2040, dismisses bubble talk
"The business model will be viable because by 2040, if AI revenue makes up 20% of global GDP, spending 800 trillion yen a year is a rounding error," Son said.
HDFC Bank, HCL Tech among 143 companies to announce earnings this week
The June quarter earnings season is set to accelerate with 143 companies, including HDFC Bank, Reliance Industries and HCL Tech, scheduled to report this week. With growth projected at 10%, investors will track sectoral trends across banking, IT and consumption, focusing on margins, demand outlook and asset quality signals.
- Go To Page 1
National flex workspace brands command 19% premium over local operators: Report
Big names in flexible workspaces are charging over 19% more than smaller, independent operators, a trend expected to grow. Corporates are increasingly favouring national brands for their predictable, standardised services and pan-India presence. Hyderabad is leading the charge in seat growth, signaling a surge in demand from growing businesses across Indian office markets.
Embassy Developments to invest Rs 1,500 cr to build 3mn sq ft office space in Bengaluru: MD Aditya Virwani
Embassy Developments is investing Rs 1,500 crore to build a 3 million sq ft office complex in Bengaluru, aiming to boost rental income from commercial assets. This move complements their strong residential business, with plans to launch Rs 20,000 crore worth of homes this fiscal. The company sees robust demand for prime office spaces, particularly from foreign firms establishing Global Capability Centres in India.
Innov8 acquires Vatika Business Centres to expand co-working biz
Coworking firm Innov8 has acquired Vatika Business Centres, significantly expanding its footprint across India. This strategic move integrates 11 prime business centres in major cities, bolstering Innov8's presence in key commercial hubs. The acquisition aims to enhance client value through expanded offerings and improved technology, aligning with Innov8's vision for a leading premium workspace platform.
Sunil Singhania-backed Abakkus Small Cap Fund adds 3 new stocks, increases stake in HDFC Bank, SBI and 49 others
Sunil Singhania's Abakkus Small Cap Fund added three new stocks in May, including Tanla Platforms and Intellect Design Arena. The fund also increased its holdings in HDFC Bank, State Bank of India, and 49 other stocks, notably Equitas Small Finance Bank and Edelweiss Financial Services. No complete exits were made, and exposure remained unchanged in eight Vedanta group stocks.
SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stage
Navneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, known for its high-stakes bets on startups like WeWork, undergoes restructuring and shifts its focus towards AI. SoftBank will soon announce transition plans for his responsibilities.
Flexible office space market crosses 100 million sq ft mark, GCCs driving growth
India's flexible workspace industry wrapped up FY26 on a high note, showcasing impressive double-digit revenue growth alongside rising profits. The key players driving this trend are Global Capability Centres, which have significantly increased deal sizes and customer loyalty.
Co-working platform, DK Vertex leases one million sq ft across seven centres
DK Vertex, a co-working platform, has leased one million square feet across seven centers in Delhi-NCR, Bengaluru, and Mumbai. The company is offering 10,000 tech-enabled seats for startups and businesses. This expansion targets the growing flexible workspace sector in India. DK Vertex provides an integrated business ecosystem with various value-added services.
How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?
Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 trillion in combined market influence is being restructured through technology bets. These high-volume SEO trends highlight AI investment boom, crypto treasury models, and tech mogul comeback stories redefining global markets today. Investors now watch these moves closely as legacy wealth transforms into future-focused digital power.
When IPOs go wrong: SpaceX, AI firms face a delicate process
As SpaceX, Anthropic, and OpenAI eye massive IPOs, their leaders face Wall Street's scrutiny. Past market debuts offer cautionary tales, from Google's Playboy interview during a quiet period to Zuckerberg's casual attire. Executives must navigate roadshows and regulatory filings carefully to avoid costly missteps and ensure investor confidence.
Flex office firms' earnings jump on strong demand, premium shift
Flexible workspace firms WeWork India, Smartworks, IndiQube, and Awfis reported robust revenue growth and improved margins in the last fiscal year. Sustained demand from global capability centers and a shift to managed offices fueled this performance.
WeWork CEO John Santora's warning to senior leaders on Gen Z: 'AI is not going to provide empathy, leadership, and mentoring.'
Young professionals face a tough job market, with AI's rise causing anxiety. However, experts suggest this is a cyclical shift, not an AI-driven job apocalypse. Many are embracing freelance work for flexibility. While AI impacts some freelance roles, human skills like empathy and leadership remain crucial for career success, offering a unique advantage to adaptable workers.
India Inc lets in furry friends to tackle work worries
Companies such as Nestle, WeWork India, Swiggy and DriveU are adopting pet-inclusive practices, as organisations look for new ways to reduce employee stress, improve morale and strengthen workplace connections. The idea is increasingly being framed not as a perk, but as part of a broader rethinking of employee experience.
MNCs turning flex spaces as main hubs as GCC story deepens
Global capability centres are transforming India's office space market, shifting from temporary entry points to strategic, long-term operating hubs. These centres are increasingly opting for flexible workspaces, signing larger and longer-duration deals, and demanding bundled services beyond just office space.
WeWork India Q4 profit rises 80%, revenue up at Rs 715 cr
Total income rose to Rs 715.35 crore in the fourth quarter of 2025-26 fiscal from Rs 554.87 crore in the corresponding period a year ago, according to a regulatory filing.Total income rose to Rs 715.35 crore in the fourth quarter of 2025-26 fiscal from Rs 554.87 crore in the corresponding period a year ago, according to a regulatory filing.
WeWork India's revenue rises 23% in FY26 as flex workspace demand surges
WeWork India achieved Rs 2,477.4 crore revenue in FY2025-26, a 23.4% increase. The company expanded its footprint to 8.6 million sq ft across 76 centres. Portfolio occupancy reached an all-time high of 86.9%. WeWork India also became net debt negative for the first time. Enterprises drove 77% of core revenue in Q4 FY26. The company is well-positioned for future growth.
WeWork India says business not affected by US bankruptcy
The Chapter 11 filing will not impact WeWork India’s members and stakeholders, the company said in a statement on Tuesday, adding that it will continue to operate and serve members, landlords, and partners as usual.
WeWork India's operations remain unaffected, as company files for bankruptcy in the US
WeWork and certain of its entities filed for protection under Chapter 11 of the US Bankruptcy Code. The company said its locations outside of the US and Canada are not part of this process.
WeWork China will not participate in WeWork's strategic reorganisation
"Any operating conditions of WeWork in other regions around the world will not have any impact on WeWork China," it added.
WeWork India says no impact on Indian biz amid reports of potential bankruptcy of WeWork Global
WeWork India, a separate entity from WeWork Global, has stated that the potential bankruptcy filing by WeWork Global will not impact its operations. WeWork India, backed by the Embassy Group, holds a 73% stake and remains committed to consistent growth. WeWork India, with 50 centers across 7 cities, reported a 40% revenue increase during the first quarter of the fiscal year.
From prized startup to possible bankruptcy: WeWork's tumultuous path
Founded by Adam Neumann and Miguel McKelvey in 2010, WeWork had a tumultuous path to become a publicly-listed company. Below is a timeline of notable WeWork developments since mid-2019.
WeWork India says not impacted by US-based WeWork Global's bankruptcy warning
While announcing its quarterly result, WeWork said, "...as a result of the company's losses and projected cash needs, combined with increased member churn and current liquidity levels, substantial doubt exists about the company's ability to continue as a going concern".
WeWork to exit 40 US locations to cut costs, revenue outlook disappoints
WeWork has been working to curb its real estate footprint and reduce headcount as it grapples with long-term lease obligations that stood at $15.57 billion as of September-end. Some of WeWork's tenants, in contrast, are only on short-term leases.
A new CEO isn't the only thing WeWork needs
There’s also that continuing problem of WeWork’s need for cash — a lot of it, and rather urgently.
Load More
