Improving economic sentiment, enabling policies and growth in key emerging sectors may help attract 30 per cent more private equity funds at $6 billion in the realty sector next year compared to 2020, says a report. PE investments into the realty space is expected to dropped to $4.6 billion in 2020 due to decline in the overall economic activity hit by the pandemic-driven lockdowns, according to a report by global property consultancy Savills India. The next wave of investments will be driven by warehousing, affordable housing and data centres apart from commercial office which will continue to see steady improvement, says the report.
MSD Wellcome Trust Hilleman Laboratories, the joint venture to develop affordable vaccines for low-income countries, will take off by next year.
'Negotiate a longer agreement with the escalation clause fixed now.' 'This will enable you to control future cost increases.'
'We created war rooms -- from an IT perspective and also a customer war room -- to address any challenges that come up.'
A well-run non-banking company has better margins than a bank, but the objective of setting up Ujjivan was to provide comprehensive financial inclusion, Ujjivan Small Finance Bank MD & CEO Samit Ghosh tells Anup Roy in an interview.
Notwithstanding expectations of a pick-up in construction activity during a seasonally strong January-March quarter (fourth quarter) of 2022-23 (FY23), analysts are cautiously optimistic about the building material sector - encompassing paints, pipes, wood panels, tiles, metals, and cement - as volatile input costs, coupled with fears of a global slowdown, are making demand projections uncertain. Against this backdrop, analysts suggest investors stay selective and pick stocks of companies with stronger brand recall, expanding distribution network, diversified product profile, healthier balance sheet, and sustainable cash flow. "The government's various proposals under Budget 2023-24 (FY24) may lead to the building material segment growing between 8 per cent and 12 per cent for the next five years.
Credit to priority sectors as well as small and medium industries will be discussed to find ways to accelerate economic growth.
'India has formed tremendous resilience and still a strong growth.'
About 7 per cent was priced between Rs 3 crore and Rs 5 crore, 22 per cent priced between Rs 5 crore and Rs 8 crore, and 15 per cent above Rs 8 crore.
Proprietors Yadgar Marker and his daughter Phiroza launched a "Save India Club" appeal as they fought to keep it going but have now announced its impending closure.
The government has introduced friendly policies for the infra sector
New law was just one step toward fixing country's fiscal and economic problems.
A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.
Both Lok Sabha and Rajya Sabha did not see a debate on the Manipur violence, but Prime Minister Narendra Modi and Home Minister Amit Shah spoke on it during their addresses on the no-confidence motion.
The Biju Janata Dal on Tuesday opposed the no-confidence motion against the government on the Manipur violence, saying what happened in the state is due to "legacy issues" running back several decades.
'I cannot afford to go to court. I cannot afford to lose a case. I will fight the Gandhi way -- peacefully, non-violently, and with determination,' Purshottam Chauhan, a resident of the Sabarmati Ashram, tells Rosamma Thomas. Around him, the homes of former neighbours are rubble. About 300 Dalit families resided within the premises of the Sabarmati Ashram till 2021. Only about 40 now remain.
A host of dynamic reforms, policies and announcements during the last five years are expected to reach its logical fruition in the second term, says Ankit Kansal.
An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. The industry has onboarded a net of 11,600 individual distributors in the first seven months of 2023-24 (FY24) compared to just 5,555 distributors in the whole of 2022-23 (FY23), according to data from the Association of Mutual Funds in India. Like most financial products, MFs also have significant reliance on individual distributors to sell their products, even as digital platforms are gaining popularity.
Ace investor Rakesh Jhunjhunwala on Thursday said real estate developers are afflicted with very low return on capital as compared to bluechip stocks. Jhunjhunwala, who runs RARE Enterprises and is set to be a major shareholder in an upcoming airliner, said only the affordable housing developers can look at listing because of the volumes which they can deliver. It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses. Jhunjhunwala cited the case of DLF, saying the stock price plummeted to Rs 80 from Rs 1,300 per piece to illustrate the risks associated.
Tata Value Homes, a 100 per cent subsidiary of Tata Housing, on Monday launched its exclusive e-commerce platform to sell flats and is eyeing up to Rs 1,000 crore (Rs 10 billion) revenue by FY2015-16.
On the rise in petrol prices, Union Minister Alphons Kannanthanam queried, "Who buys petrol... somebody with car, somebody with a bike. Certainly, they are not starving... somebody who can afford to pay has to pay."
Biden and Modi committed that the US and India will work closely together to win the fight against the COVID-19 pandemic, renew their partnership on climate change, rebuild the global economy in a way that benefits the people of both countries, and stand together against the scourge of global terrorism, the White House said in a readout of the call.
Wealthy Indians are adding new residential addresses to their assets, many of them in Dubai. The quality of life in the desert city is comparable to any coveted city in the world. Its property market is regulated to protect investors' interests.
'Dad may act casual about it, but he's as excited about our new home as my mother.'
Stocks to watch: ACC, Ambuja Cements, India Cements, Shree Cement, Ultra Tech Cement.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Huawei phone might not surpass the popularity of the OnePlus 5, but it is a well-rounded phone that offers great performance, says Kakoli Chakraborty.
Banks are not allowed to lend to developers for purchasing land parcels.
Real estate business and market have so far been the monopoly of promoters, developers and builders.
Messi's image is everywhere, adorning the sides of buildings.
The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.
Even those who have the money to buy a house off the shelf should consider going in for a loan. Here's why.
Sunshine Schools are looking to attract interest from members of the urban 'aspirational' class -- vegetable vendors, security guards, drivers, etc -- who cannot afford the fees charged by budget private schools.
The White House and the Indian-American community are solidly backing the nomination of Neera Tanden as the director of Office of Management and Budget, describing her as the most appropriate candidate to hold the position.
The company is offering three types of flats. A one-room flat with a small kitchen in an area of 283 square feet, a one-room flat with a large kitchen in an area of 360 square feet and a one-bed room flat with a hall and kitchen in an area of 465 square feet.
Opt for an affordable house on a metro's periphery, invest and wait it out.
India's mutual fund (MF) industry had barely any retail footprint when it completed 50 years in 2013. MFs had Rs 7 trillion in assets under management (AUM) in March 2013, of which around Rs 5 trillion was in institution-focused debt funds. By comparison, bank deposits in the country stood at Rs 67.5 trillion around the same time.
Look at the sanctioned plan to know the exact carpet area you will get and pay a law firm to conduct a thorough title check.
Improved credit profile may make you eligible to transfer your existing home loan to another lender at a much lower rate.
A sum of Rs 7060 crore is provided in the current fiscal for the project of developing one hundred Smart Cities.