CLSA has downgraded select real estate stocks and expects most counters from this sector to consolidate in the months ahead after the sharp run seen in them in the last few months. Most positive factors in terms of a pick-up in housing demand and office space absorption, it said, are already priced in. "We expect housing industry demand to grow around 12 per cent in 2024 and for large developers to outpace industry to grow at 15 - 20 per cent.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
It also asked why the data shared pertained to a period from April 2019 even though the scheme for anonymous political funding was introduced in 2017.
Gujarat Chief Minister Narendra Modi, who is in Hyderabad could term his trip a success even before he commenced his address at the Lal Bahadur Shastri stadium.
As many as 250 children, including 10 girls from Bihar, who were forced to work as child labourers in hazardous industries were on Saturday rescued from Hyderabad's Old City, police said.
A technical advisory group of the UN health agency which met on Tuesday has sought "additional clarifications" from Bharat Biotech for Covaxin to conduct a final "risk-benefit assessment" for Emergency Use Listing of the vaccine.
The National Investigation Agency is probing a hawala transaction from Dubai which they believe was used to carry out Hyderabad's twin blasts last week. Vicky Nanjappa reports.
From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.
Prime Minister Narendra Modi will inaugurate the Global Entrepreneurship Summit and launch Hyderabad Metro Rail next week.
'While every year presents new challenges, it also provides opportunities for better growth and performance.'
About 2,000 petrol pumps, mostly in western and northern India, have run out of fuel stocks as the strike by some truckers' associations entered the second day on Tuesday.
In the months to come, the skies above promise to be a captivating theatre of action, where helicopters play starring roles, ferrying leaders, and echoing the pulse of democracy.
'India has over 300 million online sports fans, of which over 60 million use fantasy sports as their primary tool for engagement with their favourite sport.'
The new capital Amaravati has been divided into various zones.
'The World Cup alone is expected to create an additional 100,000 jobs, most of which will comprise gig workers in the delivery space, transportation, hospitality and event management.'
US technology company NVIDIA and billionaire Mukesh Ambani's Reliance Industries on Friday announced a partnership to build AI supercomputers in India. "The companies will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today," the firms said in a statement. Days before the announcement, NVIDIA founder and CEO Jensen Huang met Prime Minister Narendra Modi on Monday.
The IT slowdown directly threatens the well being of other industries as well as India's IT cities. This impact has not necessarily been factored in, yet.
Experts foresee possible scenarios: A BRS government with less majority, a BRS government with BJP and AIMIM support, or a Congress government.
Measures are also on the anvil to develop the remaining five districts of the state.
The move to demerge the hotel business into a separate entity by ITC has brought back focus on hotel stocks, which have already seen a good run thus far in fiscal 2023-24 (FY24). Analysts believe there could be more gains in store over the next one year for the stocks in this sector, but suggest investors put in money on a correction only from a long-term perspective. Hotel stocks, according to A K Prabhakar, head of research at IDBI Capital, have seen a good run as travel picked up post Covid in India. Not only have the room rents increased, the occupancy, too, has surged.
The nexus between the Telugu film industry and the drug mafia has been revealed with the Hyderabad police arresting two brothers of popular film actor Ravi Teja, along with two others. Hyderabad Police Commissioner A K Khan said that Naga Babu and Bharat Raju, both brothers of Ravi Teja, along with their friend Naresh and an Ugandan national Cheema were arrested near a hotel in Jubilee Hills on Thursday night while they were buying drugs from the foreigner.
24x7 power supply to farmers emerges as a political lightning rod in the state.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
Amazon's single largest building is also the single largest building in Hyderabad city. Spread over 9.5 acres, this multi-storied building comprises of 290 conference rooms, casual and collaborative work spaces that will house 15,000 employees, along with private areas, interfaith prayer rooms, mothers room, quiet rooms, showers, unisex rest rooms and a huge cafeteria besides a helipad on the building roof.
Movement for a separate statehood to the Telangana region is taking its toll.
Hyderabad has possibly the best infrastructure for IT in India today, says Infosys chief financial officer T V Mohandas Pai.
What some of our leaders were up to on the weekend.
Taking the supporters of Telangana supporters by surprise the Union government has given its nod to the ambitious Information Technology Investment Region proposal for Hyderabad which envisions an investment of Rs 2.19 lakh crore in and around the city over the next 25 years.
According to CoWIN data, only 73 vaccination centres are currently active in India, of which 32 are government-run.
After agonizing over this for weeks, he made a decision. When they met after work one evening, he startled her by blurting out, 'I think we should break up.' A moving excerpt from Chitra Banerjee Divakaruni's An Uncommon Love: The Early Life of Sudha and Narayana Murthy.
The city houses National Remote Sensing Centre and is also home to several companies offer geographical information system services.
Former IAF chief Bhadauria said this aircraft is "state-of-the-art" and "hugely capable".
'Since God was being shown in live action on such a large scale, Prasanth was initially sceptical about going with an animated character.'
Despite some sluggishness during 2009-10, the growth was largely on track during 2008-09 to 2012-13.
At the end of June, 2016, TCS had a total headcount of 3.62 lakh.
Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.
After reports of contamination in cough syrups sent from the country, India is considering a system to test them before exporting. It is learnt that the Central Drugs Standard Control Organisation (CDSCO) has sent a proposal to the Union health ministry on this. The idea is to test the medicines at government labs before exporting.
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