Tag: ITES

Office Space Absorption In Bangalore Plunges As IT-Demand Falls

Being an important IT- Hub, Bangalore always depends on the IT and ITeS sectors for its growth and development. Facing weak demand from these sectors, Bangalore now witnesses lower office space absorption. There has never been a doubt for anyone about the close relation of Bangalore with the IT and ITeS sectors. This is comparatively […]

DLF gets approval from government

The government has provided in-principle approval to DLF to denotify four of its IT, ITES Special Economic Zones (SEZ), which the company did not want to build because of the slowdown in the real estate business. However, the denotification will be subject to the condition that DLF returns all the tax benefits that it had […]