Speaking exclusively with EQUIPMENT INDIA after winning the coveted Equipment India Person of the Year 2020 award, VG Sakthikumar, Managing Director, Schwing Stetter India, shares his thoughts on the company’s success, future plans and the market outlook.
Over 62 per cent or about $ 58 billion of the total loan advances ($ 93 billion) to Indian real estate by banks and NBFCs/HFCs are currently completely stress-free, reveals a study by ANAROCK Capital.
Gurugram-based construction firm APCO Infratech has reportedly bagged the contract for construction of the 6.5-km-long Z-morh tunnel in Jammu and Kashmir. The project is expected to provide all-weather connectivity between Srinagar and Kargil
Despite the reduction in repo rate by 50 basis points, the banks have cut MCLR by up to 10 basis points only benefitting the borrowers marginally. Expectations range from 25 basis points to 50 basis points for the next reduction with a mechanism that ensures that the reduction is passed on to the bo..
One pathbreaking offering: Most equipment we finance has inbuilt sensors. It is either inbuilt by the OEM or we put one in. The second technology is data analytics, which helps one to assess risks better.