New Delhi [India], August 23 (ANI): India's aviation sector is expanding rapidly and the overall fleet size is expected to almost double in the next five years, said Union aviation minister Jyotiraditya Scindia.

Mumbai (Maharashtra) [India], May 4 (ANI/PNN): Dhanvarsha Finvest Ltd (BSE: 540268) has intimated the exchanges of a business update. The company's provisional loan book as on March 2022 stood at Rs 3050 Million, growing at a CAGR of 184 per cent growth in loan book driven by robust disbursement to MSMEs. The loan disbursement grew at a CAGR of 601 per cent.

Mumbai (Maharashtra) [India], December 3 (ANI/NewsVoir): Flexible workspaces are the preferred way to adopt the hybrid work model in a post-pandemic world, compared to options like changing existing office layouts or the hub-and-spoke model. This, among other factors, will potentially double the market size of coworking spaces over the next five years at a CAGR of 15 per cent, reveals the latest CII-ANAROCK Report 'Workplaces of the Future'.

Coimbatore Sep 27 PTI The Tamil Nadu textile sector is betting on growth with a focus on value addition according to a survey by Indian Texpreneurs Federation ITF a major textile body ITF conducted the survey to understand the growth aspirations of the textile and apparel sector in Tamil Nadu in line with the positive trend prevailing in exports market in the post- Covid global business environment As many as 257 member companies with the combined yearly sales turnover of Rs 36000 crore participated in the survey from manufacturing units across the value chain which includes spinning semi-integrated integrated weaving apparel processing and home textiles While 30 per cent of the entrepreneurs have mentioned they were confident of doubling their current sales in 3 years time with a 25 per cent Compound Annual Gorwth Rate CAGR 18 per ent mentioned that they will double their current sales in 4 years with a 20 per cent CAGR and 36 per cent mentioned about achieving the target of doubling yarn sales in 5 years time with 15 per cent CAGR In total 76 per cent of the surveyed firms mentioned doubling the current site of business in 3 to 5 years with new capex cycle ITF convenor Prabhu Damodharan said here Monday Stating that this showed a very positive and vibrant change in the business environment in textile and apparel sector in Tamil Nadu he said within the sub-segments of textile manufacturing home textiles weaving apparel segments were showing better momentum in terms of growth This trend will help the TN textile sector to further strengthen the value-added product manufacturing he said As far as interest for second and younger generation in the textile business 58 per cent of the entrepreneurs showed keen willingness of the next generation in taking forward the business which was a a positive sign he said On exploring IPOs 16 per cent of the companies around 40 companies were keen to explore the option to list their shares in Indian equity markets of which market capitalisation crossed Rs 240 lakh crore Team ITF will guide interested companies in making value-added products create various platforms to enable NextGen to engage and guide companies to step into eEquity markets in a structural way Prabhu said PTI NVM SS SS

Driven by challenges in the new normal Filipinos flock to a growing Facebook group called The Freelance MovementA recent survey by Microsoft shows that 1 in 2 employees in Singapore are exhausted and want a continued flexible remote work arrangementThis includes looking at the growing gig economy in Asia and how companies and governments can take advantage of the regions burgeoning and young freelancer populationThe Great Resignation in Asia is still in its nascent stagesRelate article The future of work in Singapore is distributed flexible and autonomous

How will office-providing businesses survive the lockdown? Acing Workspaces in the Era of WFH – Qdesq Keeps Up its Game That was the question haunting us in early 2020 when the concept of office itself was facing an existential crisis. But as they say, knowledge is the antidote of fear and doubt. We knew our […]