Home | Contact Us | Brochure  | User Guide
0
Username
Password
Forgot Password
Capitaline Newswire App Google Play Capitaline Newswire App Store
02 Apr 2026 00:04 Sensex 73,319.55 185.23 (0.25%) || Nifty 22,713.10 33.70 (0.15%) 00
  AMC
  Single Scheme
  Multi Schemes
  Comparison
  NFO
  Charts
  MF Updates
  Miscellaneous
  Defined Sets
News
Top Equity Holdings by AMC
Interview with Fund Managers Back
19 Mar 2026 15:32
WeWork India secures Rs 475-cr managed office contract with TMUS India
WeWork India Management said that it has signed a managed office contract with TMUS India for dedicated workspace across five floors at Phoenix H10, Hyderabad.

The project covers approximately 250,348 sq. ft. and includes 1,507 workstations.

The agreement spans 60 months, with a committed term of 42 months. Works under the contract are scheduled for completion by May 21, 2026, after which TMUS India is expected to commence operations from the premises.

The contract value stands at Rs 475.49 crore. WeWork will design, develop, and manage the workspace on behalf of TMUS India.

The company clarified that neither promoters nor group companies have any interest in the awarding entity, and the transaction does not constitute a related party deal.

This order strengthens WeWork India’s footprint in Hyderabad, expanding its presence in the premium managed workspace segment for large corporate clients.

WeWork India is one of India’s leading premium flexible workspace operators. Since its inception, WeWork India has expanded across 8 cities in Chennai, New Delhi, Gurugram, Noida, Mumbai, Bengaluru, Pune, and Hyderabad, with 73 operational centres spanning 8.2 million square feet (as of December 2025).

The company had reported a consolidated net profit of 16.70 crore in the quarter ended December 2025 as against net loss of Rs 83.25 crore during the previous quarter ended December 2024. Sales rose 28.97% to Rs 634.11 crore in Q3 FY26 over Q3 FY25.

The scrip declined 4.84% to Rs 472.70 on the BSE.

Powered by Capital Market - Live News
Other Stories
Vikran Engineering bags L...
 (4-Apr  16:12)
Bajaj Housing Finance clo...
 (4-Apr  15:37)
Dabur India expects domes...
 (4-Apr  14:27)
Kernex Microsystems bags ...
 (4-Apr  13:17)
J&K Bank’s gross advances...
 (4-Apr  12:00)
Bajaj Finance Q4 deposits...
 (4-Apr  11:02)
HDFC Bank’s average depos...
 (4-Apr  10:16)
L&T Finance Q4 retail dis...
 (4-Apr  10:01)
Avenue Supermarts Q4 reve...
 (4-Apr  09:00)
RBL Bank's total business...
 (3-Apr  17:34)
  FAQs  |  SEBI  |  AMFI  |  BSE  |  NSE
Glossary  |  Disclaimer   |  Privacy Policy   © Copyright 2022 All rights Reserved. Capital Market Publishers India Pvt. Ltd.