Tag Archive for report

Knight Frank’s report – DCPR 2034 – Deciphering Mumbai’s Future, unveiled by Honourable CM of Maharashtra Shri Devendra Fadnavis

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

Left to Right: Nibodh Shetty – Consultant Knight Frank, Rajan Bandelkar, President, NAREDCO West; Shishir Baijal, Chairman & Managing Director, Knight Frank; Shri Ajoy Mehta, Municipal Commissioner, BMC; Shri Devendra Fadnavis, Honourable Chief Minister of Maharashtra; Shri Durga Shankar Mishra, IAS Secretary, Ministry of Housing & Urban Affairs, Govt. of India; Shri Prakash Mehta Minister of Housing, Government of Maharashtra; Vivek Rathi, Senior Vice President – Research, Knight Frank; Arvind Nandan, Executive Director, Research, Knight Frank

Knight Frank India, one of the leading International Property Consultants launched a report on the Mumbai Development Plan 2034 – Development Control Promotion and Regulation (DCPR 2034). Titled DCPR 2034 – Deciphering Mumbai’s Future, the report delves into the fine print of the DCPR 2034 and what it spells for the residential and office sectors. The report was launched at a knowledge seminar on EODB and DCPR 2034 organised by National Real Estate Development Council (NAREDCO).

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IDFC Securities Analyst report

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

IDFC Securities has recently issued analyst report on Suzlon.

Key Highlights

 

  • ·         Industry size: Management expects FY19 industry size to be 3GW (vs 5GW earlier) and FY20 to be 8GW. The delay in connectivity and approval of PPA will impact the volumes in FY19.

 

  • ·         Market share gain in FY18: Suzlon has gained market share for fourth consecutive year. Post the financial restructuring, Suzlon’s execution has improved dramatically. Its market share in FY18 stood at 36%, gain of 349bps. It has regained its pole position in the Indian market.

 

  • ·         Suzlon has pre bid tie ups with developers rather than participate in auction on its balance sheet.

 

  • ·         Suzlon’s new product portfolio S111 – 140MW (prototype commissioned), S120-140MW (prototype expected in Q1FY19) and S128-140MW (prototype commissioned in January 2018) is likely to have lower cost of generation. All these products are likely to be commissioned in next 18 months. As a result, Suzlon is strongly positioned to effectively compete in new auction regime.

 

  • ·          International orders: Suzlon has established pipeline of 500MW of projects in US in 2016 to avail the full benefit of production tax credit. We note that in order to qualify for the 100% PTC benefit in 2016, the projects need to start construction and make a minimum of 5% investment (safe harbor investments) in 2016. Projects which meet safe harbour investments in 2016, will be eligible for 100% PTC benefit, while projects which meet safe harbour investments in 2017 will be eligible for 80% PTC benefit. International order is likely to add the order book in 2018. Read more

HDFC Bank’s Treasury Research Team’s Report on RBI Policy Watch: The Long and Winding Price Road

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

Mr. Abheek Barua, Chief Economist, HDFC Bank

Today’s policy decision suggests that the RBI seems to be taking a long term view on inflation rather than remaining purely data dependent. The discussion on the possible increase in inflation early next year (Estimate of Q1 2019-20 to 5%) as well the assertion that policy rate changes impact the real economy with a lag (with a shorter lag in transmitting to lending rates) corroborates this.

  • Also, RBI’s statements on increasing external risks and discussions on currency contagion (currency war) in the press conference, confirms our belief that the RBI is not in favour of excess depreciation and seems to want to hold on to a certain exchange rate level. A rate hike is a textbook method of defending a currency.
  • Given the upside risks to inflation, discussed extensively, another policy rate hike cannot be ruled out. However, if there is an escalation in trade war risks and a resultant global output compression then the RBI could be prompted to stay on a prolonged pause.
  • The RBI committed that liquidity conditions would be maintained close to the neutral level. This means the supply side pressures in the second half of this year could be offset by OMOs but it is unlikely that we will have any liquidity surplus. We expect OMO purchases to the tune of INR 800bn in 2018-19, including INR 300bn done so far.
  • The bond market seems to have reacted in a positive way to the rate hike (decline in 10 year yield by 6bps). This we believe is in response to the RBI’s commitment to keep the liquidity situation neutral instead of allowing the system to move into a large deficit.
  • We believe, that another rate hike is still on the table and as a result bond yields could continue to go up (after today’s relief rally). In this regard, it’s important to watch out for the inflation readings in September and October (which could be reflective of the impact of higher MSPs). Even without a major uptick in inflation, the sheer supply of government bonds (states and centre) could keep the yields elevated. Important to note, so far only 20% of the budgeted borrowings for centre and state governments has been done with majority of the supply expected to come in the second half of the year. 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

    Overseas capital investment in India touches USD 2.6 bn recording a 31% growth according to Knight Frank’s Active Capital: The 2018 Report

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

    Knight Frank, the independent global property consultancy, today launched Active Capital: The 2018 Report. Looking at the shifts in capital flows, the report dives into the sources and destinations of cross-border investments in commercial real estate.

     

    Key India findings of the report:

     

    • ·         India ranks an impressive 19th position amongst the 73 countries that attracted cross-border capital into their property market in 2017. With USD 2.6 bn of cross-border capital inflows (excluding development sites), India ranks ahead of its Asia Pacific regional counterparts like Malaysia, Thailand, Indonesia, Vietnam and Philippines, which collectively attracted lesser capital flows compared to India.

     

    • ·         Capital flows into Indian property market have been 10 times higher than the outflows in 2017. USD 2.6 bn of inflow was recorded compared to outbound capital flows to the tune of USD 0.26 bn last year. Led by a battery of reforms like RERA, GST and demonetisation, the attractiveness of Indian real estate potential has caught the fancy of international investors and developers alike resulting into this favourable investment account.

     

    • ·         Compared to 86% share in 2016, United States, Canada and Singapore collectively contributed to 84% of capital inflows to Indian property followed by United Kingdom, United Arab Emirates and Hong Kong in 2017. Read more

    THE ELITE ARE OPEN TO LIFE PARTNERS OUTSIDE COMMUNITY: AN ELITEMATRIMONY REPORT

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

    EliteMatrimony, the premium matchmaking service for the elite, from BharatMatrimony, has revealed interesting findings on India’s rich and the affluent who are looking to find their life partners. This trend is from their existing users, comprising of over 1,50,000.

    Studying the demographic patterns of the registered users and their preferences, the data revealed fascinating insights. These findings are given below:

    • ·         The top five countries that witnessed maximum number of registrations are from India, United States, UAE, Australia and UK. For elites living in USA, the top 5 places with the highest number of registrations are California, Texas, Washington, New York and New Jersey. Within India, the top 5 states are Maharashtra, Delhi, Karnataka, Andhra Pradesh and Tamil Nadu. Read more

    TRA’s Brand Trust Report 2018: Samsung leads; Sony & LG follow – all retain pole positions in encore of 2017

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

    TRA’s Brand Trust Report 2018 (BTR 2018), a syndicated research conducted amongst 2,488 consumer-influencers across 16 cities in India was released in the city today. Samsung leads the list second year in a row to become India’s Most Trusted Brand. Sony and LG follow to retain pole positions as India’s second and third Most Trusted Brands in an encore of 2017. The fourth Most Trusted Brand is India’s leading multinational conglomerate, Tata, and is followed by the Cupertino based technology company, Apple, slipping a rank from last year. Read more

    M&E industry to cross Rs 2 trillion by 2020: FICCI EY Report

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    By Stephen Fernandes Mobile: 9820707327 Email: stevfern@gmail.com

    Growing at 13% over 2016, the industry reached Rs 1.5 trillion in 2017. Led by digital segment, the growth demonstrated that advertising budgets are in line with changing content consumption patterns Read more

    SonicWall Cyber Threat Report Illustrates Intense Cyber Arms Race; Cyber Attacks Becoming No. 1 Business Risk

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

     

    SonicWall, the trusted security partner protecting more than 1 million networks worldwide, announced research and intelligence findings from its 2018 Cyber Threat Report. In sum, the company recorded 9.32 billion malware attacks in 2017 and saw more than 12,500 new Common Vulnerabilities and Exposures (CVE) reported for the year.

     

    “The cyber arms race affects every government, business, organization and individual. It cannot be won by any one of us,” said SonicWall CEO Bill Conner. “Our latest proprietary data and findings show a series of strategic attacks and countermeasures as the cyber arms race continues to escalate. By sharing actionable intelligence, we collectively improve our business and security postures against today’s most malicious threats and criminals.”

     

    Last year by June alone, India faced cyber security threats worth over $4 billion. Financial sector witnessed a little less than 50% cyber attacks throughout the year. Needless to mention, it is one of the most targetted countries owing to several reasons such as rapid transition into a cashless economy, increased usage of wireless data, among others.  Read more

    LTI Tops the ‘Challengers’ List in Everest Group’s PEAK Matrix™ Service Provider of the Year 2018 Report

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

    Larsen & Toubro Infotech Ltd. (NSE: LTI, BSE: 540005), a global technology consulting and digital solutions company has topped the list of ‘Challengers’ in the Everest Group’s PEAK Matrix™ Service Provider of the Year 2018 report.

    Now in its third year, PEAK MatrixTM Service Provider of the Year report has introduced a separate list of ‘Challengers’. These are the top 10 service providers with annual revenue of under $2 billion establishing themselves as credible alternative to their larger peers by focusing on specific solution segments, geographies, and/or industries.

    This recognition underscores LTI’s capabilities as a trusted service provider for companies seeking an outcome-oriented partner. In addition to leading the Challengers list, LTI also climbed to the 13th position in the IT Services Top 20 list from the 16th position in 2017. The Top 20 list is created using a consolidated score reflecting points received on individual evaluations in Everest Group’s PEAK MatrixTM assessments throughout the year.

    Jimit Arora, Partner, Everest Group said, “As today’s enterprises navigate the complex landscape of next-generation and legacy technologies, a global business footprint and a complex provider portfolio, they are looking for service providers with strong broad-based capabilities and successful services strategies that align well with the evolving enterprise IT demand. With consistent performance across Everest Group’s PEAK MatrixTM assessments, LTI has established itself as a compelling partner for enterprises seeking a digital transformation.” Read more