Tag Archive for markets

Knight Frank profits jump 14% to £166.7m led by resilient global markets

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Results overview

Alistair Elliott, senior partner and group chairman commented: “I am pleased to report another very strong set of results for the group. Our turnover increased by 10% in the face of volatile markets and political conditions around the world and we improved our margins with profit up 14%. We believe that this is a reflection of the success of our concentration on organic and strategic investment in people over the past five years and is a tribute to the quality of our teams across the globe.

If we reflect on our progress over the ten years since the financial crisis, there is good reason to feel confident. Since 2008, we have substantially increased the scale, breadth and scope of our business and, recognising the cyclical nature of our markets, we have retained profits in order to build a strong balance sheet that has no net debt. We think that this is particularly important in the current environment. Read more

KPIT Launches City & Utility Solution Accelerators built on PTC ThingWorx Platform for Smart City and Utility markets

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

KPIT Technologies (BSE: 532400; NSE: KPIT) has launched Smart accelerators for lights and meters. These accelerators are part of KPIT’s Smart Cities & Utilities Framework and are built on PTC’s ThingWorxâ platform.

 

KPIT’s Smart Cities & Utilities Framework includes services integrated with accelerators for smart cities and utilities to help city, utility, and infrastructure administration quickly bring transformational changes and realize the value of digital technologies. The Framework includes:

  • Infrastructure – Smart Buildings | City Infrastructure Management
  • Utilities – Smart Lights | Smart Meters (for Water, Gas, and Electricity)
  • Transportation – Smart Parking | Route Optimization | Intelligent Transportation
  • City Planning and Operations – Traffic Demand Modelling | Adaptive Traffic Signals

 

KPIT’s pre-built accelerators enable city operators and utility providers to improve city & utility operations and infrastructure. For example, the accelerator for Smart Buildings helps building managers and city department leaders improve energy efficiency, reduce downtime and service critical building equipment, and improve building efficiency. The KPIT Smart City & Utility accelerators provide a more pragmatic approach to solution development and implementation that can be tailor fit to solve specific problems and meet designated business outcomes.

 

“KPIT has chosen an accelerator-based deployment approach on PTC’s ThingWorx platform, which enables quicker implementation of smart city & utility initiatives,” said Probodh Chiplunkar, Head of Digital Business at KPIT. “Enabled by PTC’s ThingWorx platform, KPIT Smart Lights and Smart Meters Accelerators allow utility companies and counties to jointly work on optimizing energy usage on road infrastructure and save money by enabling features such as smart controlling, diming profile scheduling, alerts and alarm management, remote diagnostics, and service excellence. The ThingWorx platform can rapidly integrate various Industrial IoT and business system technologies to deliver an agnostic, open, and flexible approach to solving Smart City & Utility challenges.” Read more

India’s Biggest Singing Talent Hunt, ‘Radio City Super Singer’ Returns to Mark a Decade of Success; Expands to Span 39 Markets

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Radio City, India’s leading radio network, today announced the launch of the latest season of India’s biggest singing talent hunt Ralco Tyres presents Radio City Super Singer. With this, Radio City marks a decade of giving the country its best singing talent and will see the dynamic property reach 39 cities across India. As India’s premier singing competition, Radio City Super Singer has become one of the most sought-after platforms that has been responsible for producing some of the brightest talents since a decade in the country including Harjot Kaur, Manya Narang and Sri Ganesh, to name a few. Read more

Knight Frank India launches Capital Markets Report titled ‘Realty Asset Monetisation 2018

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Knight Frank India, one of the leading International Property Consultants today launched the third edition of theirCapital Markets report. Titled ‘Realty Asset Monetisation 2018 – An Overview’ the report deciphers the emerging trends in monetisation of real estate assets.

 

Key findings of the report:

 

PE investments across debt and equity:

  • PE investments across debt and equity shifted into a new paradigm post 2014 with the new Government coming into power
  • PE investments grew at a CAGR of around 36% from USD 2.5 billion (Rs. 17,200 Cr) in 2014 to USD 8.6 billion (Rs. 59,100 Cr) in 2017
  • The average investment per deal increased almost 2.5 times from USD 40 million (Rs. 270 Cr) per deal in 2011 to USD 102 million (Rs. 700 Cr) per deal in 2017
  • In the first 6 months of 2018 USD 4.9 billion (Rs. 33,700) has been invested across 31 deals with an average investment per deal of USD 158 million (Rs 1,080 Cr) almost four times the average investment per deal in 2011
  • While PE investments into residential sector languished, investors flocked to the commercial assets
    • Investments into office grew steadily; but warehousing sector witnessed significant traction Read more

    VASA Retail and Overseas Ltd Shares List at 20% premium, despite turmoil in the equity markets

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    By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

    The Equity Shares of VASA Retail and Overseas Ltd, engaged in the retail business, manufacturing, trading a wide range of stationeries and raw materials, surged 20 percent to Rs 36, post the listing on NSE Emerge platform.

    Photograph-Gaurav Jain, Director, Hem Securities, Rahil Vasa, Vinod Ambani, President, Reliance Industries Ltd and Hardik Vasa, CMD, Vasa Retail​​, Ringing the Gong Read more