PE funding in real estate drops by 62%
Colliers International says $222 million in PE funding flowed into India’s realty sector in Q1, 2020; it estimates PE inflows of about $3.5 billion in 2020, owing to slow decision-making by investors.
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ICICI Bank Q3 net surges to ₹4,146 crore
India’s top private sector lender reported a 158% year-on-year increase in profits, aided by a one-time gain from the Essar Steel resolution.
Urban Ladder eyes a profit this quarter
The furniture retailer’s CEO and co-founder Ashish Goel says the company’s decision to cut overheads and lay off some employees will see it turn a profit before tax in the April-June quarter.
See Nifty at 12,400 in 2019: HDFC Securities
Despite significant correction in 2018 and a general election around the corner, HDFC Securities believes lower crude prices and robust domestic inflows can take the markets to new heights in 2019.
ITC first quarter profit rises 10%
The revenue from the cigarettes business fell by 41.6% to ₹5,127.6 crore.
Solar installations up by 34% in India: Report
The first quarter of 2018 was the best performing quarter for solar installations in India with 3.3 GW of total installations, says Mercom India.
