Nov 17, 2021 01:12 PM IST

Five years of demonetisation: Black Money deals down 75-80%; sales outstrip new supply

In post-DeMo Q4 2016-Q3 2021, sales of approximately 10.37 lakh units outstripped new launches that were at approximately 9.04 lakh units

Why Diwali 2021 was the worst in nearly a decade for auto industry

UPL displays manufacturing prowess, but rising costs bite

Analysts pared earnings forecasts even as UPL maintained revenue growth forecast for 2021-22

Housing sector witnesses over 13% QoQ growth in aggregate demand

Overall pan-India supply growth of 7.6 percent and price growth of 0.3 percent QoQ was observed in Q3 2021, says the Magicbricks PropIndex report.

Bajaj Auto reports 14% decline in total October sales

Total domestic sales were down 22 percent at 2,18,565 units last month as against 2,81,160 units in October 2020. Exports were at 2,21,050 units last month as compared to 2,30,878 units in the same month last year, down 4 percent.

High Taxes Hampering Growth of Luxury Car Segment in India: Audi

Luxury car volumes account for less than 2 percent of the overall passenger vehicle sales annually and the sector has been more or less at the same level for the past decade

HDFC Life, ICICI Pru Life face tough balancing act as reinsurers raise rates

The share of the term insurance (protection) business in total revenue declined at both HDFC Life and ICICI Pru Life last quarter due to multiple reasons

Rallis' results reveal multiple headwinds affecting agri-input sector

Uneven rains during kharif 2021 season adversely impacted herbicide sales and input cost pressures are crimping profit margins for Rallis

Residential real estate sales up 59% YoY in Q3 2021: PropTiger.com

On a pan-India basis, weighted average price stood at Rs 6,200 – Rs 6,400 per sq ft, a YoY change of 5%, the report said

Indiabulls Real Estate sales bookings more than doubles to Rs 874 crore in April-September

According to an investors presentation, new sales stood at Rs 874 crore in the first half of this fiscal year from Rs 368 crore in the corresponding period of the previous year.

India remains a bright spot for pharma companies

US business continues to face pricing pressures while latest data indicate a recovery taking hold in the Indian pharmaceutical market

Housing sales in top seven cities rise 17% in Jan-Aug: Report

Only Kolkata and Delhi-NCR witnessed 11% and 22% decline in sales from 7,767 units to 6,973 units and from 20,478 units to 16,846 units, respectively.

Housing sales in MMR touch Rs 1.33 lakh crore in January-August 2021: Report

Housing sales stood at 64,101 units, valuing Rs 41,353 crore during January-August last year.

JSPL output grows 5%; sales jump 10% in July-September

During the period under review, the company produced 1.93 million tonne (MT) steel, which was 5 percent higher over July-September quarter of financial year 2020-21, Jindal Steel and Power Limited (JSPL) said in a statement.

Services activity remains strong in September; PMI at 55.2

Continued growth ensured new jobs were created in the service sector after nine continuous months of job shedding.

Home sales surge 92% in Q3, office space demand grows in sync: Knight Frank report

The total office space absorbed across major cities was at 12.5 million sq. ft in the third quarter, representing 168% year-on-year growth

JLL Residential Market Update: Sales up by 47% YoY during January to September 2021

Most new launches in larger markets of Bengaluru, Mumbai and Delhi NCR were in affordable and mid segment

Lamborghini looks at doubling sales number in next 4 years in India

Lamborghini, which started its official operations in India in 2012, currently sells a range of super luxury cars, including the popular SUV Urus, with prices starting at Rs 3.16 crore.

Average housing prices up by 3% across 7 cities; sales increase in July-Sep quarter: Anarock

Homes priced between Rs 40-80 lakh and those between Rs 80 lakh to Rs 1.5 crore continue to dominate new supply with 41% and 25% shares, respectively. The affordable housing segment saw its supply share reduce to 24% in the quarter

India's pharma space normalising, US market needs to step up

Product offtake was strong across major therapies last month and low COVID-19 infections can aid recovery

Virus impact: Super large developers see average business dip by 39%; smaller developers took 19% hit in revenue

Sales in Tier 1 cities grew 22% between 2015 to 2019; during the same period, sales in Tier 2 cities grew 73%, from 59,390 in 2015 to 76,466 units in 2020, a report by Liases Foras said

Fertiliser and agrochemical companies face multiple headwinds in FY22

Crop sowing numbers show a normal picture. But the monsoon's uneven spread has hurt sales of agrochemicals while supply constraints are weighing on fertiliser volumes

COVID-19 second wave had lower impact on residential real estate sales: ICRA

Recovery likely in the later part of FY2022; Shrinking market share and cautious lending approach by NBFCs/HFCs may create a challenging financing environment for small developers in the near term.

Hyundai sales up 12% in August at 59,068 units

The company had sold 52,609 units in the same month last year, HMIL said in a statement.

Toyota Kirloskar domestic sales surge over two-fold to 12,772 units in August

The company had sold 5,555 units in the same month last year.