Brickwork Ratings analysis of the cement sector reports that demand will drive healthy growth but, the price rise will restrict contraction in margins despite expected high input costs in FY22 Industrial Sector Analysis Cement demand, after having declined in FY20 (-1%) and FY21 (-11%), is expect... Read more...
SafeStorage, India’s leading self- storage solution provider registered positive growth in demand for its business. SafeStorage saw 12x growth in business owing to its massive technology upgrade in the recent times. The company has completely overhauled its website- with a new Graphic User Interfa... Read more...
Tribeca, the developers of Trump Towers in India has announced the appointment of Mr. Harshwardhan Prasad as the new CEO to spearhead the business expansion of the company. Harsh comes with deep experience in the Indian real estate market. Prior to joining Tribeca, he occupied leadership roles at so... Read more...
Real estate firm, Prestige Estates Projects Ltd., reported an 88 per cent year-on-year growth in its sales bookings at Rs 2,111.9 crore for the quarter ending September on better housing demand. Its sales bookings stood at Rs 1,123.3 crore in the year-ago period. In a regulatory filing, Bengaluru... Read more...
Realty+ Masterclass presents today, SELL.DO CEO Summit on the topic - "Bengaluru Realty poised for Transformation & Growth" that will feature a thought-provoking conversation on topical issues of real estate of Bengaluru. Real estate developers are likely to post record sales booking numbers ... Read more...
Revenue of paint companies will rise 10-12%, with improving consumer sentiment and economic recovery driving growth in decorative and industrial segments alike, according to Crisil Ratings. At the other end, operating margin will shrink ~200 basis points and is expected to be at about 17%, though... Read more...
Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Government of India, Shri Piyush Goyal shares his sentiments while inaugurating the India Pavilion at Expo 2020 Dubai. At a time when the whole world is coming together to recover from the pand... Read more...
Australia’s housing price growth will slow to 7 percent next year as macroprudential controls add to the headwinds of worsening affordability, reduced immigration and incentives and possibly even higher mortgage rates, AMP Capital Chief Economist Shane Oliver says. Dr Oliver said, "He had alrea... Read more...
Vitero Tiles, one of the leading tiles brand from the house of Aparna Enterprises announced path-breaking 120% growth in the state of Maharashtra. Majority of this growth has been fueled by Mumbai and Pune markets. Additionally Vitero is also confident that with encouraging consumer sentiment, ext... Read more...
Ratings agency ICRA has revised up its 2021-22 real GDP growth estimate for India to 9 percent from the earlier 8.5 percent. A ramp-up in COVID-19 vaccination, healthy advance estimates of kharif (summer) crop and faster government spending were the factors which led to the revision. It can be no... Read more...