Tag: growth

Fix real estate mess to house growth

On July 23, the Supreme Court of India directed government-owned National Building Construction Company to take over 42,000 unfinished projects of realtors Amrapali Group in the National Capital Region. A week after the SC ruling, the relevant questions popped up. Does NBCC have the money required to…

Volvo Cars India Recorded 25 Per Cent Growth in FY 2018-19

Volvo sales growth in India was driven by the XC40. Highlights Volvo Cars India sold 2687 units in FY2018-19. The sales growth was driven predominantly by the XC40. Volvo opened 5 new dealerships in India in the last financial year. Volvo Cars India has witnessed a growth…

NBFC crisis slows GDP growth, real estate worst hit

Mumbai: India’s GDP growth slowed to 6.6 per cent in the October-December quarter of 2018-19, the lowest rate in five quarters, primarily due to the stress among the non-banking finance companies (NBFCs). A direct correlation can be seen as many NBFCs have been facing liquidity challenges…

BMW India achieved a 14 per cent sales growth in 2016

BMW India managed to sell a total of 7861 units in 2016 accounting 7500 BMW vehicles and 361 units of Mini up by 14 per cent over the total sales in 2015. Major contributors to the sales were the 3 Series Gran Turismo, facelift of which…

Panasonic targets 20% growth bolstered by good monsoon, 7th pay commission

Bengaluru: Panasonic India today said it is expecting “tremendous” growth in the consumer businesses, on good monsoon this year and 7th Pay Commission giving boost to consumer confidence for spending. “While we look forward, there is a tremendous growth which we are targeting from consumer businesses,…

Reliance Jio’s Subscriber Growth Slows, Data Speeds Drop 50%

Reliance Jio Infocomm Ltd. may fall short of the target set by its chairman Mukesh Ambani of adding 100 million subscribers by December 2016. Data now shows that new subscriber additions have dropped after the post – launch frenzy, brokerage firm Motilal Oswal said in a…