News articles tagged Economic Slowdown

Infra firms pay over $1 bn in finance, interest costs in H1

India’s major infra companies have paid over $1 billion in finance and interest costs during H1 of the current fiscal, causing significant margin dents.

Aditya Birla invests Rs 130 crore in Tata Housing’s Gurgaon project

Aditya Birla Group invests Rs 130 cr in a residential project on Dwarka Expressway by Tata Housing and Sidhartha Group, with expected IRR of 25-27% over four years.

Small cities resist realty slowdown

Tier-II and Tier-III cities in India are experiencing significant growth in residential real estate transactions, contrasting with the slowdown in major metros.

Supply of office dips sharply in Q2

Office space availability in India's top cities plummeted by over 75% in Q2 due to high vacancy rates and weak commitments in ongoing projects, marking the lowest supply in recent quarters.

Freebies to attract customers in slowdown

In response to RBI's new loan policy, developers are introducing offers and freebies to attract buyers amid an economic slowdown and unsold inventories.

Foreign retailers likely to postpone India Entry, JLL

According to JLL India's report, foreign retailers may delay their entry into India due to high costs and upcoming elections, impacting real estate developers and rentals.

Bangalore Sees Lower Office Space Absorption as IT Demand Falls

Office space absorption in Bangalore fell by 24% in 2012 compared to 2011 due to weaker demand from the IT and ITeS sectors, impacted by the global economic slowdown.

India Inc. Faces Fall in Earnings and Revenue Growth

Indian companies face profit declines and slower revenue growth, as rising costs and falling demand impact earnings, particularly among major industry players.

IMf Chief says,Global Economic Crisis presents many lessons.

IMF chief Christine Lagarde emphasizes the need for a robust financial sector to drive economic growth, citing it as a key lesson from the global slowdown.

DLF drops mall proposal

DLF abandons mall plan in Chennai due to recession, seeks residential project approval.

Ambuja Realty plans to spread

Ambuja Realty is expanding into real estate, hospitality, life care, and education despite the economic slowdown. The company has invested ₹1200 crore in projects since its inception.

Developers Unable to meet Retail Space Target

Retail space development in India lagged by 54% in 2008, with only 34 of 74 planned malls delivered. High vacancy rates and economic slowdown contributed to developers deferring projects.

Hotels focus on value play to beat slowdown

Premium hotel room rates drop 25% due to occupancy decline. Hotels target steady segments like cabin crews and long-stay programs to combat the slowdown.

Market expects speedier, steeper rate cuts

The RBI may cut interest rates sooner and more aggressively than planned due to the Mumbai terror attacks and the economic slowdown. The attacks targeted key business hubs, impacting investor confidence. Analysts expect further rate cuts to counter the slowdown and bolster the economy.