Saturday, September 05
ET Intelligence Group: WeWork reported double-digit growth in revenue and Ebitda in the September 2025 quarter. Given the sustained momentum, it is likely to report a faster top line growth in FY26 compared with the 17% growth in FY25. The company plans to undertake a capex of ₹80-100 crore in each of the remaining two quarters of FY26. It has a revenue-to-rent multiple of 2.9, compared with 2.2 for peers. While the stock has remained range-bound amid the impact of tax related adjustments on net profit, the company holds promise for the long term given its focus on capacity addition and making the balance sheet strong. Analysts have maintained 'buy' with 49% upside to Monday's closing price of ₹612.2. According to the company, India's office space segment remained strong, with gross l
Mumbai: The Securities and Exchange Board of India (Sebi) has suggested excluding the value of delisted securities and zero-coupon, zero-principal bonds from portfolio value calculations to determine the eligibility of demat accounts as basic services accounts. These are among the regulator's proposals to tweak the rules for basic services demat accounts. Sebi introduced the concept of basic services demat account (BSDA) in 2012. Holders of these accounts don't have to pay the annual maintenance charges if the value of the holdings is up to ₹4 lakh. Sebi said delisted securities would be treated at par with suspended securities for determining the BSDA eligibility, as these securities lack active trading, transparent price discovery and liquidity. Excluding delisted securities from the B
