Page 11 - Pratigya Yadav

Real estate major DLF net profit rises 28% YoY to Rs 487 crore

At the end of the second quarter (Q2), the company's revenue stood at Rs 1,360 crore and net debt at Rs 2,142 crore, said the company

Housing sales in tier-1 cities in 2022 set to cross previous peak of 2014

Total sales in top-7 cities is expected to exceed 360,000 units this year; the previous peak in the year 2014 was 343,000 units

Sprite now a $1 billion brand in India: Coca-Cola CEO James Quincey

Quincey told investors, "India had a knock-out quarter clearly they are having a very strong run this year. He also said that the company is looking to continue to invest strongly in the country.

Office space net absorption expected to reach pre-pandemic levels: experts

While tier-1 remains the key demand driver, there is considerable interest in tier-2 cities due to improved infra and the prevalence of hybrid working model

Industrial & warehousing leasing up 9% YoY on strong demand: Colliers study

Delhi-NCR and Pune together accounted for about 70 per cent of the leasing and 60 per cent of total supply

NAREDCO sets up finance committee to help builders in getting funds

The NFC will also support large-scale projects to access funds via financial institutions and educate members to enhance their credit ratings.

RERA project & agent registrations up by 109% in last 3 years, shows data

The states with maximum project registrations are Maharashtra, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, Telangana and Tamil Nadu.

Rents in gated communities in Bengaluru increase by 40%, says report

Traditionally, rents increase by 7-8 per cent in a year but this year they have increased from anywhere between 15-40 per cent.

Hitachi Energy to supply transformers for NTPC renewable energy park

The NTPC REL facility in Kutch produce electricity to support 8 million people

Retailers, mall developers eye growth beyond metro cities, says report

Growing internet usage has whetted the appetite for quality products in these cities and has given a fillip to e-commerce too

Nestle India profit up 8.3% in Sept qtr, net sales growth at five-year high

Strong growth in e-commerce channels driven by emerging formats such as 'quick commerce' and 'click & mortar'; E-commerce contribution to sales at 7.2% in the quarter

Festivities push FMCG sales up 11% in first two weeks of October

Sales were down in September due to weak rural demand

Air quality-driven construction ban may delay realty projects in Delhi-NCR

568,000 housing units are under various stages of completion. Periodic bans by NGT, govt, or apex court in response to poor air quality have serious consequences, say experts

Smog-covered festivities for Delhi-NCR as stubble burning, Diwali coincide

Ongoing construction across NCR to exacerbate situation; While the number of residue-burning cases reported so far is about half of last year's figure, it is likely to shoot up in the days ahead

D2C meat brand Pescafresh to expand presence in Bengaluru, Gurugram

Will set up processing units conforming to HACCP and FSSAI standards at both locations by November

Big ticket items driving growth in consumer durables this festive season

Televisions, microwave ovens, vacuum cleaners, washing machines are expected to drive the growth of the consumer durable industry during this festival season

Wheat price rise normal; have enough stocks to meet demand: Govt

According to FCI, the wheat stock in Central pool on April 1 next year is expected to be 11.3 million tonnes, higher than the buffer requirement of 7.5 million tonnes

Smart protein market could reach $4.2 billion by 2030: Deloitte study

Experts at a Summit on the subject said India has crop diversity, a competitive talent pool, and hundreds of people working on an opportunity that can create several jobs across the value chain

PE investments in realty dip 25% in 2022 on inflation, interest rate spike

In terms of average transaction size, the sector saw average deals of $191 million in 9M 2022, up 53% over $125 mn in the same period in 2021

Office space leasing activity up 66% YoY in Jan-Sept of 2022: CBRE report

Benguluru, Delhi-NCR and Chennai led the space absorption, together accounting for 62% of total transaction activity in the first nine months of the Calendat year