ACCESSORIES INDUSTRY
Cement companies’ operating profit margins to fall 2% in FY’23
OPBIDTA per tonne in first half of this fiscal declined 39 per cent to ₹761 a tonne […]
Articles by Parameswaran Nair
PROJECT FINANCE
The other side of climate finance, negotiation risks
Countries from across the world met at the 27th Conference of Parties to the UN Framework Convention on Climate Change (UNFCCC), popularly COP 27, to negotiate an international agreement for addressing climate change. A key part of those negotiations is focusing on the commitment of developed countries to provide developing nations with financial support for climate action […]
REAL ESTATE
SC upholds HC order on property tax, industry welcomes decision
A Supreme Court bench led by then Chief Justice U U Lalit and Justice Bela Trivedi said that only “the existing physical qualities and state of the land and building” can be considered to determine ‘capital value’ and not “the prospects of the land” […]
ACCESSORIES INDUSTRY
Good news: JSW Steel crude output up 25% in October
JSW’s performance during the September quarter was significantly impacted by a sharp fall in steel prices, while benefits of lower raw material prices will flow through with a lag, the company said […]
PROJECT FINANCE
S Korea raises real estate project financing aid to $2.1-billion
Short-term debt yields spiraled despite efforts to cool market, asset-backed securities termed ‘weak link’ in money market […]
PROJECT FINANCE
Real estate story of insolvency, bankruptcy escape resolution
The insolvency regulator, Insolvency and Bankruptcy Board of India (IBBI), in June 2022 invited public suggestions for effective and expeditious resolution of real-estate projects. However, the power struggle between homebuyers and lending institutions for dominant control over the corporate insolvency resolution process (CIRP) of real-estate developers has only intensified post the July 2022 IDBI Trusteeship Services Limited v. Abhinav Mukherji judgment of the National Company Law Appellate Tribunal (NCLAT), which confirmed the power of homebuyers to challenge lending institutions from qualifying as Financial Creditors (on a case-to-case basis) and finding a place on the Committee of Creditors (COC) […]
PROJECT FINANCE
FM says govt capex may have started crowding in private investment
The government’s focus on capital expenditure may have begun to crowd in private investment, the finance ministry has said […]
PROJECT FINANCE
New investments jump 24% to Rs3.64-lakh-cr in June quarter
In the last quarter of FY22, project investments soared 130.2% on an annual basis to Rs 5.91 lakh crore, Brickwork Ratings said in a report on Friday […]
REAL ESTATE
Why is India’s affordable housing segment shrinking?
As prices move up, inventories drop, and active home buyer numbers show only a marginal drop, the Indian housing industry finds itself at a crossroads […]
ACCESSORIES INDUSTRY
Cement maker ACC’s profit tumbles 60% in April-June, revenue rises 15%
In the corresponding period last year, consolidated PAT stood at Rs 569 crore, its financial results show […]