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.
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.
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.
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.
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.
The revenue from the cigarettes business fell by 41.6% to ₹5,127.6 crore.
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.