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Adidas leases 45,000 sq ft space in Chennai for its first GCC in India
Real Estate

Adidas leases 45,000 sq ft space in Chennai for its first GCC in India

German sports footwear and apparel company Adidas has signed a lease deal for its first Global Capability Centre (GCC) in India, taking up around 45,000 sq ft of space in Chennai. This is also the first centre by the company in Asia outside China. The company has taken up 700-seater space at flex op...

German sports footwear and apparel company Adidas has signed a lease deal for its first Global Capability Centre (GCC) in India, taking up around 45,000 sq ft of space in Chennai. This is also the first centre by the company in Asia outside China. The company has taken up 700-seater space at flex operator Smartworks鈥� facility in Olympia Pinnacle. The office is located on the Old Mamallapuram Road, which is the largest IT corridor in the northern suburbs of the city. Earlier this year, there were reports of the company鈥檚 intent to establish its first GCC in India. Smartworks itself leased 0.2 MSF of space in Olympia Pinnacle last year.

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Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

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Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

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Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

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