Tag: reaches

  • Total office space occupied in Hyderabad reaches 1.4 mil sq.ft in Q1

    Total office space occupied in Hyderabad reaches 1.4 mil sq.ft in Q1

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    Hyderabad: Coldwell Banker Richard Ellis (CBRE), a commercial real estate services and investment firm’s latest report stated that in the first quarter (Q1) of 2023, the total office space occupied in the city reached 1.4 million square feet.

    Banking, Financial Services and Insurance (BFSI) sector, technology and flexible office space operators drove the absorption of office spaces in the city, the report said.

    The report reveals that the office leasing activity has increased by 9 per cent Year-over-Year (YoY) and reached 12.6 million square feet in India.

    MS Education Academy

    Bangalore, Delhi- NCR and Chennai account for 62 per cent of the activity.

    Managing director, of Advisory and Transaction Services, CBRE, Ram Chandnani said that Hyderabad is expected to continue to drive absorption in the office space sector keeping in line with past trends.

    The report also informed that domestic firms overtook American firms accounting for nearly 50 per cent of the leasing activity in the last quarter.

    The key sectors that took the office space absorption in Hyderabad in Q1 2023, are BFSI with 42 per cent, technology with 28 per cent and flexible space operators with 13 per cent.

    According to the report, office space by small-sized deals, less than 50,000 square feet drove the absorption.

    A BSFI first leased 3,40,000 square feet in Salarpuria Knowledge City, Warner Bros. Discovery leased 120,000 square feet in International Tech Park and flexible space operators leased 97,000 square feet in Mindspace in the city from January – March, 2023.

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    ( With inputs from www.siasat.com )

  • Fresh snowfall at high reaches, rain lashes parts of Himachal; 11 roads closed

    Fresh snowfall at high reaches, rain lashes parts of Himachal; 11 roads closed

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    Shimla: Higher reaches of Himachal Pradesh’s Shimla, Kullu and Lahaul and Spiti districts on Friday received fresh spell of snow while light-to-moderate rain lashed several parts of the state following which 11 roads were closed for vehicular traffic, officials said.

    Churdhar received 30 cm of snow followed by Dodra Kwar 15 cm, Rohtang top 12 cm, Jalori Jyot 10 cm and South and North portal of Atal Tunnel Rohtang 5 cm and 2.5 cm respectively.

    A day earlier, the MeT office here issued an ‘orange’ alert for heavy rainfall, lightning, thunderstorms and hailstorms at isolated places in the mid and low hills on Friday.

    It had also cautioned against damage to standing crops and advised use of anti-hail nets or installation of anti-hail guns to save apple crop.

    On Friday, the MeT office issued a ‘yellow’ alert for thunderstorms and lightning on April 1 and 3-4 as a fresh Western Disturbance is likely to affect Northwest India from the night of April 2.

    It has also predicted light rain and snow in the higher reaches of Kinnaur, Lahaul and Spiti, Chamba, Kangra and Shimla districts and light to moderate rainfall at a few places in the remaining districts over the next few hours.

    Since Thursday night, Solan recorded 48.5 mm rainfall — the highest in the state — followed by Nahan 42 mm, Dalhousie 33 mm, Dhaulakuan 32 mm, Kangra 30 mm, Rajgarh 26 mm, Kufri 22.5 mm, Sangarh 22 mm, Narkanda 21 mm, Una and Jhandutta 20 mm each.

    Chauri and Renuka received 16 mm of rain, Nurpur 15 mm, mandi and Gharmoor 13 mm, Chopal 12.5, Sundernagar 12 mm, Jatton Barrage, Hamirpur, Naina Devi and Dharampur 11 mm each and Kheri, Dharamshala, Shimla and Poanta Sahib 10 mm each.

    As many as 11 roads including two national highways — Gramphu to Losar (NH-505) and Darcha to Sarchu (NH-3) — were closed for vehicular traffic.

    The state’s rain deficit from March 1-30 was at 42 per cent.

    A significant fall in the maximum temperatures was witnessed and Bilaspur with 22 degree Celcius was the hottest during the day. There was no appreciable change in the minimum temperatures and Keylong was coldest at night recording a low of 2.3 degree C.

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    #Fresh #snowfall #high #reaches #rain #lashes #parts #Himachal #roads #closed

    ( With inputs from www.siasat.com )

  • Apple contribution to ‘Make in India’ smartphone reaches 25% in value terms

    Apple contribution to ‘Make in India’ smartphone reaches 25% in value terms

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    New Delhi: ‘Make in India’ shipments from Apple grew 65 per cent (on-year) by volume and 162 per cent by value, taking the brand’s value share to 25 per cent in 2022, up from 12 per cent in 2021, a new report has shown.

    The contribution of exports in ‘Make in India’ smartphone shipments reached the highest ever in 2022 both in volume (20 per cent) and value terms (30 per cent), according to Counterpoint Research.

    Overall, ‘Make in India’ smartphone shipments declined 3 per cent YoY in 2022 (January-December) to reach 188 million units.

    The major factor behind this decline was the softening of consumer demand due to macroeconomic headwinds, especially in the second half of the year.

    “Apple’s EMS (electronics manufacturing services) partners Foxconn Hon Hai and Wistron were the fastest growing manufacturers among the top 10 in Q4 2022. The growth was also fuelled by increasing exports from Apple,” said senior research analyst Prachir Singh.

    In Q4 2022, Samsung emerged as the top smartphone manufacturer, ahead of OPPO whose manufacturing shipments declined 31 per cent YoY due to inventory issues in the entry-tier segment.

    “Apple’s EMS partners Foxconn Hon Hai, Wistron and Pegatron were among the top 10 EMS players in India in 2022 in terms of volume. In terms of value, Foxconn Hon Hai and Wistron led the EMS landscape,” said Singh.

    Both of these manufacturers also received the PLI incentive in the recent disbursements.

    Among OEMs, OPPO led the ‘Made in India’ smartphone shipments in 2022 with a 22 per cent share, followed by Samsung.

    Research Director Tarun Pathak said that overall, 2022 has been a good year in terms of manufacturing and localisation in India.

    “The increasing exports from Apple, Samsung and other OEMs drove the locally manufactured shipments in 2022 and somewhat offset the impact of the local demand decline. The recent disbursement of PLI incentives from the government as well as other initiatives, both at the central and state levels, has boosted the overall local manufacturing,” Pathak noted.

    Going forward, we may see the country reaping benefits of the PLI scheme thanks to increasing exports from Apple and Samsung, said the report.

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    ( With inputs from www.siasat.com )

  • Inflation in Pakistan reaches all time high of 46%

    Inflation in Pakistan reaches all time high of 46%

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    Islamabad: Short-term inflation, measured by the Sensitive Price Index (SPI), reached an all-time high of 46.65 percent year-on-year for the week ending on March 22, in comparison to last week 45.64’s percent YoY, as per data by Pakistan Bureau of Statistics (PBS), media reports said.

    On a week-on-week basis, short-term inflation increased by 1.80 percent as tomatoes, potatoes and wheat flour became costlier, Samaa TV reported.

    The SPI for the current week ended on March 22 recorded increase of 1.80 percent.

    Major increase is observed in the prices of food items – tomatoes (71.77 percent), wheat flour (42.32 percent), potatoes (11.47 percent), bananas (11.07 percent), tea Lipton (7.34 percent), pulse mash (1.57 percent), tea prepared (1.32 percent) and gur (1.03 percent), and non-food items like georgette (2.11 percent), lawn (1.77 percent) and long cloth (1.58 percent), Samaa TV reported.

    On the other hand, decrease was observed in the prices of chicken (8.14 percent), chillies powdered (2.31 percent), LPG (1.31 percent), mustard oil & garlic (1.19 percent) each, pulse Gram & onions (1.06 percent each), vegetable ghee 1 kg (0.83 percent), cooking oil 5 litre (0.21 percent), pulse moong (0.17 percent), pulse masoor (0.15 percent), and Eggs (0.03 percent).

    During the week, out of 51 items, prices of 26 (50.98 percent) items increased, 12 (23.53 percent) items decreased, and 13 (25.49 percent) items remained stable, Samaa TV reported.

    The year on year trend depicts increase of 46.65 percent, onions (228.28 percent), cigarettes (165.88 percent), wheat flour (120.66 percent), gas charges for Q1 (108.38 percent), diesel (102.84 percent), tea Lipton (94.60 percent), bananas (89.84 percent), rice Irri-6/9 (81.51 percent), rice Basmati broken (81.22 percent), petrol (81.17 percent), eggs (79.56 percent), pulse moong (68.64 percent), potatoes (57.21 percent) and pulse mash (56.46 percent), while decrease is observed in the price of chillies powdered (9.56 percent).

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    #Inflation #Pakistan #reaches #time #high

    ( With inputs from www.siasat.com )

  • MeT predicts ‘widespread’ rains in plains, snow over upper reaches

    MeT predicts ‘widespread’ rains in plains, snow over upper reaches

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    Weather department here on Friday predict widespread rains and thunderstorm with snowfall over higher reaches at most places of Jammu and Kashmir till weekend.

    A meteorological department official here told GNS that there was possibility of hailstorm in plains during the time—March 24-25.

    “Thunderstorm may be accompanied by strong gusty winds. Rain likely to commence from (March 24) afternoon onwards,” he said.

    The weather department also urged farmers to “postpone” spraying of orchards while commuters intending to travel on highway and other hilly areas have been asked to confirm road status from concerned traffic police before starting their journey.

    Regarding temperature, the MeT official said, Srinagar recorded a low of 5.3°C against 5.2°C on the previous night and it was 0.3°C above normal for the summer capital.

    Qazigund, he said, recorded a low of 4.0°C against 3.2°C on the previous night and it was 0.3°C above normal for the gateway town of Kashmir.

    Pahalgam, he said, recorded a low of 0.6°C against minus 0.2°C on the previous night and it was 0.2°C above normal for the famous tourist resort in south Kashmir’s Anantnag district.

    Kokernag recorded a low of 4.7°C against 4.5°C on the previous night and it was 1.4°C above normal for the place, the officials said.

    Gulmarg recorded a low of 0.0°C, the same as on the previous night and it was 1.6°C above normal for the world famous skiing resort in north Kashmir’s Baramulla district, he said.

    In Kupwara town, he said, the mercury settled at 4.0°C against 3.7°C on the previous night and it was 0.8°C above normal for the north Kashmir area.

    Jammu recorded a low of 14.9°C against 13.8°C on the previous night. It was 0.6°C below normal for J&K’s winter capital, he said.

    Banihal, he said, recorded a low of 5.0°C (below normal by 0.3°C), Batote 7.5°C (below normal by 0.6°C), Katra 12.0°C (0.5°C below normal) and Bhadarwah 5.6°C (1.7°C above normal).

    Ladakh’s Leh and Kargil, he said, recorded a low of minus 3.0°C and minus 1.9°C respectively.

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    #MeT #predicts #widespread #rains #plains #snow #upper #reaches

    ( With inputs from : kashmirpublication.in )

  • MeT forecast ‘widespread’ rains in plains, snow over upper reaches in J&K

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    Srinagar, Mar 24: Weather department here on Friday forecast widespread rains and thunderstorm with snowfall over higher reaches at most places of Jammu and Kashmir till weekend.

    A meteorological department official here told GNS that there was possibility of hailstorm in plains during the time—March 24-25.

    “Thunderstorm may be accompanied by strong gusty winds. Rain likely to commence from (March 24) afternoon onwards,” he said.

    The weather department also urged farmers to “postpone” spraying of orchards while commuters intending to travel on highway and other hilly areas have been asked to confirm road status from concerned traffic police before starting their journey.

    Regarding temperature, the MeT official said, Srinagar recorded a low of 5.3°C against 5.2°C on the previous night and it was 0.3°C above normal for the summer capital.

    Qazigund, he said, recorded a low of 4.0°C against 3.2°C on the previous night and it was 0.3°C above normal for the gateway town of Kashmir.

    Pahalgam, he said, recorded a low of 0.6°C against minus 0.2°C on the previous night and it was 0.2°C above normal for the famous tourist resort in south Kashmir’s Anantnag district.

    Kokernag recorded a low of 4.7°C against 4.5°C on the previous night and it was 1.4°C above normal for the place, the officials said.

    Gulmarg recorded a low of 0.0°C, the same as on the previous night and it was 1.6°C above normal for the world famous skiing resort in north Kashmir’s Baramulla district, he said.

    In Kupwara town, he said, the mercury settled at 4.0°C against 3.7°C on the previous night and it was 0.8°C above normal for the north Kashmir area.

    Jammu recorded a low of 14.9°C against 13.8°C on the previous night. It was 0.6°C below normal for J&K’s winter capital, he said.

    Banihal, he said, recorded a low of 5.0°C (below normal by 0.3°C), Batote 7.5°C (below normal by 0.6°C), Katra 12.0°C (0.5°C below normal) and Bhadarwah 5.6°C (1.7°C above normal).

    Ladakh’s Leh and Kargil, he said, recorded a low of minus 3.0°C and minus 1.9°C respectively.(GNS)

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    #MeT #forecast #widespread #rains #plains #snow #upper #reaches

    ( With inputs from : roshankashmir.net )

  • Rahul gets rousing welcome at Delhi airport, Sonia reaches his residence

    Rahul gets rousing welcome at Delhi airport, Sonia reaches his residence

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    New Delhi: Congress leader Rahul Gandhi on Thursday received a rousing welcome at the IGI airport here after returning from Surat in Gujarat, where a court earlier in the day convicted the Wayanad MP in a criminal defamation case against him over his alleged ‘Modi surname’ remark in 2019.

    Rahul Gandhi was convicted under IPC Sections 499 and 500. The maximum possible punishment under this section is two years.

    After Rahul Gandhi’s arrival in Delhi, his mother and former Congress president Sonia Gandhi also reached his residence amid sloganeering by Congress workers.

    In the airport, the Congress leader was received by Adhir Ranjan Chowdhury, Pramod Tiwari and DMK leader T.R. Baalu.

    Outside the airport, scores of Congress workers were present to receive him.

    The Congress has termed the court decision “politics of vendetta and exploitation”.

    Congress President Mallikarjun Kharge said on Thursday that they will appeal in higher courts against the conviction of Rahul Gandhi.

    “We will appeal in higher courts.”

    The Court of Chief Judicial Magistrate H.H. Varma sentenced him to two years in jail and also imposed a fine of Rs 15,000 after finding him guilty.

    However, on Rahul Gandhi’s plea, his sentence has been suspended and bail has been granted to enable him to move an appeal against his conviction within 30 days.

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    #Rahul #rousing #Delhi #airport #Sonia #reaches #residence

    ( With inputs from www.siasat.com )

  • X-rated clip at Patna station: GRP team reaches Kolkata to probe the incident

    X-rated clip at Patna station: GRP team reaches Kolkata to probe the incident

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    Patna: Three days after passengers at the Patna railway station were surprised when the TV screens installed on the platforms reportedly played X-rated clip for almost three minutes instead of the usual advertisements, a team of General Railway Police (GRP) went to Kolkata from Patna on Wednesday to investigate the incident.

    The team will quiz the officials of Dutta Communications, the company assigned to play advertisements and information on the television screens of the Patna railway station. The office and studio of Dutta Communications are located in Kolkata.

    After the incident on Sunday, the Divisional Railway Manager (DRM) of Danapur division terminated the contract of Dutta Communication and placed it on the black list.

    The railway authorities have registered two FIRs against the company officials under the IT Act in Patna.

    The X-rated clip was telecast on dozens of LED screens on Platform No. 10 on March 19 for almost three minutes, leading to passengers waiting for trains facing an awkward and embarrassing situation.

    (Except for the headline, the story has not been edited by Siasat staff and is published from a syndicated feed.)

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    ( With inputs from www.siasat.com )

  • Awantipora Accident: One More Injured Succumbs, Toll Reaches Six

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    SRINAGAR: Another non-local labourer, who was injured in a road accident in Awantipora area of Pulwama district, has succumbed to his injuries, taking the death toll to six.

    Quoting an official, KNO reported that Ali Hassan Ansari of Jharkhand succumbed to his injuries at SMHS hospital in Srinagar on Wednesday morning.

    Five persons had died and 28 were injured in a road accident in Awantipora area on March 18.

    The accident took place when a bus turned turtle on national highway in Awantipora.

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    #Awantipora #Accident #Injured #Succumbs #Toll #Reaches

    ( With inputs from : kashmirlife.net )

  • Bijbehara Road Tragedy: Second Tourist Fatality, Toll Reaches Two

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    SRINAGAR: A second tourist who was involved in a collision between an ETIOS car and a truck near Arwani Bridge in Bijbehara, Anantnag district in south Kashmir, has died from their injuries. This brings the total number of fatalities from the accident to two. The deceased has been identified as Karuna Sardar, a 35-year-old resident of Kolkata who was injured along with four others in the incident.

    The injured persons identified as Rakesh son of Ratan Lal of Udhampur, Nandita Vedi and Bahnolal Chjerveti, both residents of Kolkata and an unidentified man, were evacuated from the site to a nearby hospital for treatment, they said.

    Another injured person identified as Retu Devi (42) of Kolkata, undergoing treatment at the hospital succumbed later on, taking the toll of deaths to two.

    Confirming the incident, a police official said that a case has been registered in this regard for further investigations. (GNS)

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    ( With inputs from : kashmirlife.net )