Chances of any quick recovery in India’s highly stressed residential real estate segment are highly unlikely, according to rating agency India Ratings and Research (Ind-Ra), which has maintained a negative outlook for the sector … READ FULL STORY
The draft airport policy that seeks to shift tariff structure to the ‘price cap’ model, from the existing ‘cost plus’ model, exposes developers to traffic risks in general and is particularly risky for greenfield … READ FULL STORY
Banks are witnessing a spurt in asset quality stress in the non-corporate segment and the overall loan loss provisions for lenders, are expected to stay elevated till fiscal year 2019-20, a report said. The … READ FULL STORY
Under the Goods and Services Tax (GST), the effective tax on under-construction projects has gone up to 12 per cent, which is an increase of 6.5 per cent. The actual GST rate is 18 … READ FULL STORY
Engineering company IRB Infrastructure, on April 25, 2017, became the first firm to announce a public offer in the infrastructure investment trusts (InvITs) space, with a Rs 5,000-crore plus public issue of its fund … READ FULL STORY
Rating agency, India Ratings and Research, has warned that signs of early stress are clearly visible in the loan against property (LAP) business, indicated by a sharp rise in 90 days past due (dpd) … READ FULL STORY
