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Volkswagen has acquired over 1 lakh sq ft office space in the Andheri suburb of Mumbai to shift its India headquarters from Bandra-Kurla Complex, according to reports.
Reports stated that the lease transaction with tenure of five years has been concluded at Rs 130 per sq ft a month.
The company also has an office on the outskirts of BKC to house its HR and finance function, says report.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.