Subdued Demand

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Topline to remain flat in FY17; wages to grow 8%: McLeod Russel

The margins may continue to suffer due to increasing wage costs. Baheti says employee costs will grow by 8 percent in FY18 due to wage agreements. Margins will take sometime to make a comeback, he adds.
Mumbai property rates could be subdued in near future: ICRA

"Declining affordability and high economic uncertainty are the twin reasons, which would cause property prices in Mumbai to remain subdued, in the near and medium term," said ICRA in a research report.
Steel consumption grows by 3.3% in FY13

Steel consumption in the country grew by just 3.3 percent to 73.3 million tonne in 2012-13 on subdued demand due to slackening economy and high interest rates.

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Subdued Demand

Topline to remain flat in FY17; wages to grow 8%: McLeod Russel

Mumbai property rates could be subdued in near future: ICRA

Steel consumption grows by 3.3% in FY13