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Business Economy


Sunteck Realty Q3 PAT rises by 239 percent

Mumbai, Feb 14(UNI) Realty Major, Sunteck Realty Limited reported a
rise of 239 percent in its PAT foe the quarter ended
December 31, 2017 at Rs 60.20 crore as compared with PAT of Rs 17.80
crore for the same quarter a year ago period.

Revenue for the quarter under review roseby 141 percent ti Rs 201.50
crore as comapred with revenue of Rs 83.70 crore for the quarter
ended December 31, 2016

Commenting on the Q3 FY2018 performance, Mr. Kamal Khetan, Chairman
and Managing Director, Sunteck Realty Ltd. said ''Sunteck has
delivered a robust financial performance during this third quarter
of FY2018. The improvement in market sentiments with a traction for
our BKC projects has led not only to strong growth but also notable
improvement in margins. This gives a glimpse of the cash flow
potential that our BKC inventory can release.
Our project in Oshiwara District Centre (ODC), Sunteck City
continues to see significant improvement in infrastructure and this
zone is poised to create huge value for its stakeholders, just like
BKC. We are gearing up to launch for sale of new inventory in the
coming quarters. In addition, we also commenced construction of two
projects-Sunteck Icon at BKC junction and Gilbert Hill at Andheri
(W).,he added.
UNI JS NV1510
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Exports down by 10 pc in June

15 Jul 2019 | 10:50 PM

New Delhi, Jul 15 (UNI) Trade data for June showed that exports came down by 10 per cent at 25 billion dollars and imports also saw a drop of nine per cent.

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HYSEA & STPI-Hyderabad to organize Annual Innovation Summit 2019 on Aug 1

15 Jul 2019 | 7:11 PM

Hyderabad, Jul 15 (UNI) HYSEA (Hyderabad Software Enterprises Association) , in association with Software Technology Parks of India(STPI-Hyderabad) will organize the 27th edition of the Annual HYSEA Innovation Summit 2019 at HICC here on August 1.

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India looking for deeper engagement with UK: Goyal

India looking for deeper engagement with UK: Goyal

15 Jul 2019 | 6:51 PM

New Delhi, Jul 15 (UNI) India is looking for ideas from all sides to strengthen and to give confidence to international investors, with the best of technologies, to come to India and invest, Union Commerce and Industry Minister Piyush Goyal has said.

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Quick Ride hits 2 mln registered car-poolers in India

15 Jul 2019 | 6:42 PM

New Delhi, Jul 15 (UNI) Quick Ride, a car and bike-pooling application, on Monday announced the successful registration of more than 2 million users on its platform across Bangalore, Mumbai, Delhi-NCR, Pune, Hyderabad, Chennai, Kochi, and Kolkata.

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Kris Reynolds appointed as New ‘Director for Westin Hyderabad Mindspace

15 Jul 2019 | 6:16 PM

Hyderabad, Jul 15 (UNI) Mr Kris Reynolds has been appointed as the new ‘Director ( Sales and Marketing’) for The Westin Hyderabad Mindspace with immediate effect.

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