Clipped from: https://www.financialexpress.com/money/good-news-residential-sales-in-q4-2021-highest-since-2q-2013-jll/2414324/ With the onset of the festive season and supported by discounts and incentives offered by developers plus the low mortgage rates, sales soared
Category: Industry
Domestic auto components industry to see 15-17% revenue growth this fiscal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/domestic-auto-components-industry-to-see-15-17-revenue-growth-this-fiscal-122012001647_1.html The industry may again see double-digit growth in FY23, given that the impact of the Omicron variant is limited The domestic auto components
Time to introduce electricity derivatives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-introduce-electricity-derviatives/article64907495.ece An effective hedging mechanism will help reduce volatility and enhance price discovery Energy fuels economic growth and electrical energy is a critical component
truck sales: Rising Covid-19 cases slam the brakes on truck sales growth; revival likely only by FY23: M&M – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/rising-covid-19-cases-slam-the-brakes-on-truck-sales-growth-revival-likely-only-by-fy23-mm/articleshow/88954529.cmsSynopsis Truck buyers have gotten into a “wait and watch mode,” said Veejay Nakra, the chief executive officer for the automotive sector at M&M.
China Lockdown: Supply chain woes could worsen as China imposes new Covid lockdowns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/supply-chain-woes-could-worsen-as-china-imposes-new-covid-lockdowns/articleshow/88942581.cmsSynopsis China used lockdowns, contact tracing and quarantines to halt the spread of the coronavirus nearly two years ago after its emergence in Wuhan.
Tyre industry to incur capex of over ₹20,000 cr in three years as outlook is favourable – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/tyre-industry-to-incur-capx-of-rs20000-cr-in-3-years-as-outlook-is-favourable/article64905498.ece The impact of the pandemic on tyre demand has been relatively less compared to other auto components As the demand outlook remains favourable
Below the line – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/below-the-line/article64877335.ece The JSW Group recently gave an incentive of ₹3 lakh to employees for purchasing two and four-wheel electric vehicles as part of its
Domestic two-wheeler sales take a severe knocking | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/omicron-impact-domestic-two-wheeler-sales-take-a-severe-knocking-122011600642_1.html YTD fiscal year sales plunge to the lowest in nine years, January remains muted Representative image Domestic two-wheeler sales, which were yet to
Tax hike on components to make mobile PLI uncompetitive for exports: ICEA | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/tax-hike-on-components-to-make-mobile-pli-uncompetitive-for-exports-icea-122011600652_1.html ICEA has said that increase in taxes on components will make the products manufactured in India under the PLI scheme globally uncompetitive. Demanding
No relief in sight for industries stung by supply chain woes | Deccan Herald
Clipped from: https://www.deccanherald.com/business/economy-business/no-relief-in-sight-for-industries-stung-by-supply-chain-woes-1071507.html While demand surged, the shortage of cargo containers and vessels to move them between countries worsened When the pandemic gripped the world in
agro commodity: India was slowly becoming a major agro commodity exporter. But 2022 may be a different story – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-was-slowly-becoming-a-major-agro-commodity-exporter-but-2022-may-be-a-different-story/articleshow/88823930.cms SynopsisIndian growers and agro exporters were able to show a marked improvement in exports. But their celebrations might be short lived as the
Coming out stronger: How auto industry is managing the global chip crisis – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/coming-out-stronger-how-auto-industry-is-managing-the-global-chip-crisis/articleshow/88905305.cmsSynopsis Semiconductor shortage has come at a time when cars are witnessing rising electronic content, which is driven by several aspects ranging from competitive
Boom time for companies: What record profits may mean for govt’s revenue | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/boom-time-for-companies-what-record-profits-may-mean-for-govt-s-revenue-122011401094_1.html If much higher profits this year do not propel corporation tax revenue to a level higher than the FY19 peak, something must be
Chip crunch, pandemic, high costs drag Dec qtr auto sales to multi-year low | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/chip-crunch-pandemic-high-costs-drag-dec-qtr-auto-sales-to-multi-year-low-122011401129_1.html The auto industry body expects current quarter to be better but stops short of sharing any guidance owing to pandemic related uncertainties Photo:
India Inc profitability set to dip for the first time in 12 quarters: Crisil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-inc-profitability-set-to-dip-for-the-first-time-in-12-quarters-crisil/article38232451.ece?homepage=true As many as 27 of 40 sectors are likely to see their Ebitda margins shrinking Corporate profitability, as defined by the earnings before
Propping up the property market | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/propping-up-the-property-market-122011301506_1.html A credit guarantee can give housing a boost India’s housing landscape is littered with thousands of stalled housing projects. Stalled or delayed projects
Cutting corporate debt | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/cutting-corporate-debt-122011201749_1.html Banks will struggle to grow in the coming quarters Indian companies are deleveraging and the trend is likely to continue in the foreseeable future.
Telecom connections – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/telecom-connections/article38256694.ece The government must merge BSNL, BBNL and Vi Indian telecom industry actually skipped one-generation of tech-innovation by jumping ‘pagers’ as a product. The
Textile news: Textile exports: How India can reach a target of $65 billion and counter Vietnam, Bangladesh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/textile-exports-how-india-can-reach-a-target-of-65-billion-and-counter-vietnam-bangladesh/articleshow/88801502.cmsSynopsis The path to achieving these targets will entail both government and industry taking crucial steps. And the government seems geared up for the
India’s furniture industry estimated to touch $40 bn by 2026 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/indias-furniture-industry-estimated-to-touch-40-bn-by-2026/article38217986.ece As pandemic has made online a preferred medium of shopping, number of online furniture shoppers is estimated to rise from 1.8 million in
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