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Time of India
a day ago
- Business
- Time of India
Tata Digital leases 59,000 sq ft office space in Mumbai's Lower Parel
Tata Group 's digital business entity Tata Digital has leased nearly 59,000 sq ft office across three floors of a commercial tower in Mumbai 's Lower Parel for a five-year term. The company will be paying monthly rentals of Rs 1.05 crore and common area maintenance (CAM) charges of Rs 12.32 lakh, translating to a blended outgo of around Rs 1.18 crore per month. The agreement includes a clause to escalate rentals by 5% every year. Tata Digital is entitled to a rent-free period from February 1 to July 15, 2025, with the license fee becoming payable from July 16, showed the documents accessed through CRE Matrix. The deal covers units across 15th, 16th, and 17th floors of one of the towers of One International Centre . The transaction was registered on March 17 and the lease commencement date is February 1. The tenant has paid a security deposit of Rs 7.07 crore for the transaction. The deal also includes the provision of 49 car parks, with additional slots charged at Rs 10,000 per month each. ET's email query to Tata Digital and the property owner Nucleus Office Parks remained unanswered until the time of going to press. India's office leasing activity has remained resilient in 2025, driven by strong demand from global capability centers (GCCs), In line with this, the country's top business districts are witnessing a steady and sustained rise in demand for front offices.
Economic Times
2 days ago
- Health
- Economic Times
Corporate cafeterias' menus undergo a healthy makeover
A health revolution is silently sweeping India Inc cafeterias as employees become more health conscious spurred by a rising trend of early lifestyle-related diseases. Protein-rich meals, diabetic-friendly/low-GI food, vegan or gluten-free alternatives, homestyle food with less oil and spices, and even 'recovery-focused plates' for fitness buffs are gaining currency. Companies such as Capgemini, Hindustan Unilever, Larsen & Toubro, Accenture, Razorpay, and Myntra say they have initiated steps to promote healthy eating, food literacy, and conscious choices at their workplaces, viewing meals as a strategic input to drive energy, mood, and performance. Corporates are opting for meals with less processed sugar and saturated fat, better hydration options, and those that are nutrient-dense and energising. Some are even setting up employee wellness counters, say food service providers like Compass Group and Rassense. 'There's been a significant rise in clients prioritising healthier food choices. Over 40% of our clients have requested health-centric menu transformations,' said chef Arjyo Banerjee, chief culinary officer at Compass Group India. 'These are built on the belief that small nutritional changes at work can boost employee productivity, improve energy levels, and reduce absenteeism.'Compass Group introduced healthier grain swaps like millets and brown rice; fermented items like kombucha and raita to aid gut health; functional foods such as lemon-infused buttermilk and sprouts, and wellness-led counters. Calorie Information Desserts are whipped up with jaggery, dates, and fruits, while favourites like biryanis, dosas, and pulao are reimagined with millets and quinoa. Technology, banking, financial services, and insurance (BFSI), Global Capability Centres (GCCs), pharmaceuticals, education and consulting — featuring younger, more healthconscious workforces, and largely sedentary job roles — are leading the change. So, one can find calorie information on the food ordering app at Capgemini — it also hosts mindful eating sessions. At Razorpay, Manipal Hospitals' nutritionists and dieticians curate weekly food plans; HUL offers calorielabelled, portion-controlled dishes and personalised dietary counselling. Accenture's Purple Corridors programme promotes wellbeing as a collective responsibility at a team level, while even legacy companies like L&T opened diet-food counters at key office health-related concerns among employees are fuelling the shift. At L&T, annual health checkup data revealed a spike in lifestyle-related conditions such as high cholesterol, obesity, and diabetes. To counter this, the engineering and construction conglomerate adopted a holistic, preventive healthcare approach — with nutritious food access playing a critical role, said Dr Divyang Shah, headmedical services & community health centres at L& recent months, cafeteria menus have been enhanced to offer balanced meals prepared with minimal oil — with guidance from internal and external nutrition experts. HUL, through its 'Healthier U' programme, developed in collaboration with the Workforce Nutrition Alliance, rolled out several initiatives to promote balanced eating. These include reducing salt, sugar, and oil intake, and adding local nutrient-dense superfoods. 'Our food courts carry visual nutrition guides and educational signage to encourage informed food choices,' said a HUL spokesperson. These efforts are enhancing employee physical health, evidenced by reported improvements in blood sugar levels, weight management, and hypertension control, according to HUL.'We believe that employee well-being begins with everyday choices—starting with what's on our plates,' noted Vijay Chandramohan, head of corporate real estate services (CRES)-India and APAC at Capgemini. 'By introducing calorie labelling, expanding healthy food options, and offering expert-led sessions on mindful eating, we're empowering people to make informed decisions. This reflects our commitment to a workplace culture rooted in health, awareness, and long-term well-being.' Across companies, employee feedback is playing a key role in shaping food offerings. Razorpay, for instance, has a dedicated food feedback channel on messaging company Slack where employees share suggestions and preferences. These are reviewed by teams and shared with food vendors for implementation wherever feasible.'Several enhancements to our menu have come from employee feedback. For instance, the introduction of healthier evening snacks and add-ons like salads and beans resulted from suggestions raised during town halls and focus group discussions,' said Chitbhanu Nagri, senior vice-president -people operations, online fashion and lifestyle retailer Myntra, the cafeteria offers varied healthy options — from detox water and fresh juices like tulsi-lime and kokum, to salads and seasonal fruits — and continues to evolve based on employee preferences, said Govindraj MK, CHRO.
Time of India
2 days ago
- Health
- Time of India
Corporate cafeterias' menus undergo a healthy makeover
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads A health revolution is silently sweeping India Inc cafeterias as employees become more health conscious spurred by a rising trend of early lifestyle-related diseases . Protein-rich meals, diabetic-friendly/low-GI food, vegan or gluten-free alternatives, homestyle food with less oil and spices, and even 'recovery-focused plates' for fitness buffs are gaining such as Capgemini, Hindustan Unilever , Larsen & Toubro, Accenture, Razorpay, and Myntra say they have initiated steps to promote healthy eating , food literacy, and conscious choices at their workplaces, viewing meals as a strategic input to drive energy, mood, and are opting for meals with less processed sugar and saturated fat, better hydration options, and those that are nutrient-dense and energising. Some are even setting up employee wellness counters, say food service providers like Compass Group and Rassense. 'There's been a significant rise in clients prioritising healthier food choices. Over 40% of our clients have requested health-centric menu transformations,' said chef Arjyo Banerjee, chief culinary officer at Compass Group India. 'These are built on the belief that small nutritional changes at work can boost employee productivity, improve energy levels, and reduce absenteeism.'Compass Group introduced healthier grain swaps like millets and brown rice; fermented items like kombucha and raita to aid gut health; functional foods such as lemon-infused buttermilk and sprouts, and wellness-led are whipped up with jaggery, dates, and fruits, while favourites like biryanis, dosas, and pulao are reimagined with millets and quinoa. Technology, banking, financial services, and insurance (BFSI), Global Capability Centres (GCCs), pharmaceuticals, education and consulting — featuring younger, more healthconscious workforces, and largely sedentary job roles — are leading the one can find calorie information on the food ordering app at Capgemini — it also hosts mindful eating sessions. At Razorpay, Manipal Hospitals' nutritionists and dieticians curate weekly food plans; HUL offers calorielabelled, portion-controlled dishes and personalised dietary counselling. Accenture's Purple Corridors programme promotes wellbeing as a collective responsibility at a team level, while even legacy companies like L&T opened diet-food counters at key office health-related concerns among employees are fuelling the shift. At L&T, annual health checkup data revealed a spike in lifestyle-related conditions such as high cholesterol, obesity, and diabetes. To counter this, the engineering and construction conglomerate adopted a holistic, preventive healthcare approach — with nutritious food access playing a critical role, said Dr Divyang Shah, headmedical services & community health centres at L& recent months, cafeteria menus have been enhanced to offer balanced meals prepared with minimal oil — with guidance from internal and external nutrition experts. HUL, through its 'Healthier U' programme, developed in collaboration with the Workforce Nutrition Alliance, rolled out several initiatives to promote balanced eating. These include reducing salt, sugar, and oil intake, and adding local nutrient-dense superfoods. 'Our food courts carry visual nutrition guides and educational signage to encourage informed food choices,' said a HUL spokesperson. These efforts are enhancing employee physical health, evidenced by reported improvements in blood sugar levels, weight management, and hypertension control, according to HUL.'We believe that employee well-being begins with everyday choices—starting with what's on our plates,' noted Vijay Chandramohan, head of corporate real estate services (CRES)-India and APAC at Capgemini. 'By introducing calorie labelling, expanding healthy food options, and offering expert-led sessions on mindful eating, we're empowering people to make informed decisions. This reflects our commitment to a workplace culture rooted in health, awareness, and long-term well-being.'feedback is playing a key role in shaping food offerings. Razorpay, for instance, has a dedicated food feedback channel on messaging company Slack where employees share suggestions and preferences. These are reviewed by teams and shared with food vendors for implementation wherever feasible.'Several enhancements to our menu have come from employee feedback. For instance, the introduction of healthier evening snacks and add-ons like salads and beans resulted from suggestions raised during town halls and focus group discussions,' said Chitbhanu Nagri, senior vice-president -people operations, online fashion and lifestyle retailer Myntra, the cafeteria offers varied healthy options — from detox water and fresh juices like tulsi-lime and kokum, to salads and seasonal fruits — and continues to evolve based on employee preferences, said Govindraj MK, CHRO.
Time of India
2 days ago
- Business
- Time of India
Tata Digital leases 59,000 sq ft office space in Mumbai's Lower Parel
Tata Group's digital business entity Tata Digital has leased nearly 59,000 sq ft office across three floors of a commercial tower in Mumbai's Lower Parel for a five-year term. The company will be paying monthly rentals of Rs 1.05 crore and common area maintenance (CAM) charges of Rs 12.32 lakh, translating to a blended outgo of around Rs 1.18 crore per month. The agreement includes a clause to escalate rentals by 5% every year. Tata Digital is entitled to a rent-free period from February 1 to July 15, 2025, with the license fee becoming payable from July 16, showed the documents accessed through CRE Matrix. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Container Houses Indonesia (Prices May Surprise You) Container House | Search ads Search Now Undo The deal covers units across 15th, 16th, and 17th floors of one of the towers of One International Centre . The transaction was registered on March 17 and the lease commencement date is February 1. The tenant has paid a security deposit of Rs 7.07 crore for the transaction. The deal also includes the provision of 49 car parks, with additional slots charged at Rs 10,000 per month each. Live Events ET's email query to Tata Digital and the property owner Nucleus Office Parks remained unanswered until the time of going to press. India's office leasing activity has remained resilient in 2025, driven by strong demand from global capability centers (GCCs), In line with this, the country's top business districts are witnessing a steady and sustained rise in demand for front offices.
The Print
2 days ago
- Business
- The Print
TN confident of retaining Apple despite US tariff threat—state planning commission official J Jeyaranjan
'Finally, everything comes down to the economics of it. The supply chain we have developed here, and what is developing now is as good as in China. The supply chain is not there (US) and they have to create it. You cannot create it overnight. Even if you create it, (the prices) will be four or five times higher than what they are now,' Jeyaranjan said to ThePrint. In a conversation with ThePrint, Tamil Nadu State Planning Commission's Executive Vice-Chairperson J. Jeyaranjan said it was impossible for Apple to shift the manufacturing units from Tamil Nadu to the US, given the cost of manufacturing. Chennai: Despite US President Donald Trump's threat to impose a 25 percent tariff on iPhones not made in the US, Tamil Nadu remains confident of retaining Apple, citing the strong supply chain it has built in the state over the years. According to the state's industries department, Tamil Nadu accounts for 70-80 percent of the iPhones sourced from India, where only Tamil Nadu and Karnataka manufacture iPhones. TN is also home to Apple's key vendors Foxconn, Pegatron, and Tata Electronics, while Karnataka hosts Wistron. According to Jeyaranajan, Tamil Nadu is on its way to becoming a $5 trillion economy by 2047. 'The Tamil Nadu chief minister asked us to work out where we will be by 2047 before going to the NITI Aayog meeting. I expected the economy to be around $4 trillion, but when we ran the numbers—assuming the same growth rate, inflation, and dollar value—you'll be surprised to learn that Tamil Nadu is set to become a $5 trillion economy by 2047, the 100th year of independence,' Jeyaranjan said, adding that this was a reasonable projection. When asked about the HCL-Foxconn semiconductor joint venture setting up its wafers manufacturing plant in Uttar Pradesh, which was originally planned to be set up in Tamil Nadu, Jeyarajan said that the state was facing challenges in terms of allocating space for industries. However, he added that despite the constraints, companies are coming in a big way to Tamil Nadu. 'Whoever has already come here is staying here, and new companies are also coming here. For instance, Global Capability Centres were not there in the city and we made conscious efforts to bring them here, and today, we are second in terms of hiring spaces for work to establish GCCs. The size of export was hardly around a billion USD in 2021 and today it has crossed 15 billion USD,' Jeyaranjan said. Also read: Israeli film fest in Chennai postponed amid backlash for 'legitimising' Netanyahu govt's actions in Gaza How Tamil Nadu will become a $5 trillion economy After DMK came to power in 2021, Tamil Nadu Chief Minister M.K. Stalin announced that he would make Tamil Nadu a trillion USD economy by 2030. When asked about Tamil Nadu's current progress toward the $1 trillion target, Jeyarajan said the state is on track to achieve it, though recent projections suggest it may be delayed by a year. Stating that Tamil Nadu is one of the fastest growing economies in the country, he said, 'One trillion USD economy is not a fancy number, but a consciously set target with respect to the growth of the state. In fact, our aim is to triple the state's GSDP,' Jeyarajan said. He also explained to ThePrint how Tamil Nadu will achieve the $1 trillion target by 2030 and $5 trillion by 2047. 'Unlike other states, the growth process in Tamil Nadu is not driven by current economic policies alone. The growth is conditioned and guided by the social change we have brought in the past 100 years or so. By democratising education, we have empowered people from various communities across various sections of the society. Once you start growing, you cannot derail it or stop it,' he said. Jeyaranjan said that the long-term efforts of the state government over the years have now started to pay 'dividends'. 'If you look at our Gross Enrolment Ratio, India stands at around 26-27 percent, while Tamil Nadu is at 50-51 percent. This is because the state has successfully extended education to all sections of society,' he said. He also explained that the state government's policies empowering women has paid off in the long run, which can be seen in college enrolment and employment numbers. 'The state government provides an incentive of Rs 1,000 per month to girls who studied in government schools and pursued higher education. As a result, girl enrollment increased by 30% last year. As a continuation, in Tamil Nadu Public Service Commission, the state has 30 percent reservation for women. Now the number of women getting into TNPSC is more,' Jeyaranjan said, adding that the number of women in TNPSC has surpassed 30 percent. The state government has also been implementing a slew of other schemes to empower women, including Rs 1,000 in monthly financial assistance and free bus travel for women. He also gave an example of how the government has allocated funds to administer HPV vaccines to all girl children. 'It will prevent so many cases of cervical cancer. You will reap the benefits only after 30 years. That is the kind of investments we make,' he said. Why Tamil Nadu lags compared to other southern states in IT Although Tamil Nadu is considered a major contributor to software exports, it still has fewer IT companies compared to Bengaluru in Karnataka and Hyderabad in Telangana. On the limited opportunities in the IT sector, despite establishing the state's first IT park in 1996, Jeyarajan said that Tamil Nadu has been facing certain challenges in attracting more IT companies. 'When the IT revolution came, during the first 5 years, we slept. When the first IT park was built in 1996, we had already lost 5 years. By that time, Bangalore was ahead and it already had the advantage of having Bharat Electronics and the Indian Institute of Science. Most of the founders of IT companies were from Bengaluru. Since it was a containment town, it had a cosmopolitan culture compared to us. Their lifestyle was different, but here we were more conservative,' he explained. When it comes to Hyderabad, he said that the amount of land available in the state's headquarters was a point of attraction for IT firms. Jeyaranjan also pointed to the lack of evening and night life in Chennai as one of the reasons for fewer IT companies in the state compared to other southern states. Nevertheless, he said that there are plans to improve the evening and night life in Chennai and policies to that effect will be announced soon. (Edited by Zinnia Ray Chaudhuri) Also read: PMK founder Ramadoss says son Anbumani 'held his feet & cried' for tie-up with BJP for 2024 LS polls
