ICICI Bank reported a 31% quarterly profit increase, anticipating loan growth supported by a recent rate cut despite concerns about India's economic outlook.
India Steel Works to sell 2-acre Navi Mumbai plot to unlock value and reduce Rs 70 cr debt by half.
Indian developers prioritize feasibility studies and strategic alliances to avoid repeating 2009 real estate downturn. Focus on buyer-oriented projects rather than speculative ventures.
A Mumbai NBFC starts selling shares of a Delhi real estate firm, causing further decline in stock price.
Fitch Ratings predicts positive growth for the Indian construction sector in 2007-08, driven by infrastructure and real estate investment. Profitability is expected to surge from 2009.