Get latest articles and stories on Latest News at LatestLY. The office market in Delhi-NCR remained active last year despite the COVID-19 pandemic, with Gurugram witnessing a nearly two-fold jump in gross leasing to 4 million square feet, according to Colliers India. Latest News | Gross Office Leasing in Gurugram Jumps Nearly Two-fold, Noida Sees Slight Rise in 2021.
NEW DELHI, Jan 23: The office market in Delhi-NCR remained active last year despite the COVID-19 pandemic, with Gurugram witnessing a nearly two-fold jump in gross leasing to 4 million square feet, according to Colliers India. Gross leasing of office space in Gurugram stood at 2.1 million square feet during 2020. Noida saw a marginal increase in gross leasing of office space at 2.1 million square feet during the 2021 calendar year as against 1.9 million square feet in the […]
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Fitch downgrades Delhi Airport citing travel restrictions
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The second wave of the virus has resulted in weakened air traffic performance. DIAL s passenger traffic in May this year was just about 19% in the corresponding period in 2019 level, when it was not hit by the pandemic.
PTI
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Global rating company Fitch has downgraded GMR-backed Delhi International Airport Limited s (DIAL) by a notch further down in the non-investment category citing COVID-19 related travel restrictions that will likely cut revenues with reducing air traffic. The outlook has also been revised to negative from positive earlier.
The rating grade is now at BB- versus BB earlier in the high-yield segment.
The Bharti Realty has partnered with Apollo Hospitals, Government Health Services and other medical service providers and will be administering Covidshield and Covaxin.