Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
QRG Investment Dumps 3.89 Lakh Shares Of Awfis For INR 27 Cr
QRG Investment Sells Awfis Shares Worth ₹27 Crore: QRG Investment Holdings, the family office of Havells chairman Anil Rai Gupta, has offloaded 3.89 lakh shares of coworking space provider Awfis for ₹27 crore through open market transactions. This partial exit comes as Awfis continues its expansion in India's flexible office space market, which has seen a strong post-pandemic recovery. The coworking sector has seen increased demand, with a shift towards flexible work models by larger corporations and significant growth in demand for meeting rooms and coworking desks. Awfis itself reported an 8x year-on-year surge in consolidated profit to ₹11.2 crore in Q4 FY25.