In a statement, Tarun Garg, Whole-time Director and COO of HMIL, highlighted the company’s ability to maintain sales momentum despite challenges faced by the industry. He attributed the success to customers’ trust in Hyundai’s smart mobility solutions.

One key factor driving growth was the introduction of the Hy-CNG Duo technology, which contributed to 13.1% of domestic sales in 2024, up from 10.4% the previous year. The Hyundai Creta, with 1,86,919 units sold, continued its dominance in the SUV segment, contributing 67.6% of HMIL’s domestic sales.

The company’s SUV portfolio remained a key strength, reinforcing Hyundai’s position as a leader in the segment. Exports also played a significant role, with 1,58,686 units shipped in 2024, underlining India’s role as a global export hub for Hyundai. Looking ahead, Garg expressed confidence that the upcoming Creta Electric would further boost Hyundai’s appeal in the SUV market.

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Despite facing geopolitical issues, high global inflation, and economic recessionary concerns, private equity inflows in India’s real estate sector have shown remarkable resilience. The strength of India’s economic growth has buoyed investor confidence, making the country an attractive destination for both global and domestic institutional investors.

The industrial and logistics sector emerged as the largest beneficiary, securing USD 2.3 billion (around Rs 194 billion), which represented 54% of the total private equity investments in 2024. The sector has gained considerable attention due to its potential as India strengthens its position as a global logistics hub. While the office sector’s share of investment decreased, it continued to demonstrate resilience, aided by the gradual return of employees to workplaces and the increasing demand for office space.

Meanwhile, the residential sector also saw growing interest, particularly in premium housing, driven by rising demand for higher-end properties. Furthermore, emerging sectors such as data centers and life sciences are expected to witness substantial growth in the coming years, providing new avenues for investment.

Looking ahead, Savills India projects that private equity investments in real estate will reach between USD 4.5 billion and USD 5.0 billion in 2025. However, the office segment may see muted investments due to limited availability of investible grade assets. On the other hand, alternative sectors like life sciences and data centers are anticipated to gain prominence, attracting more investment.

Savills India highlighted that the industrial and logistics sector is likely to remain a key focus area for investment as India strengthens its position in global supply chains.

Arvind Nandan, Managing Director of Research and Consulting at Savills India, emphasized the resilience of private equity investments in Indian real estate amidst global uncertainties. He noted that the trends reflect a strategic shift towards diversification, with the industrial and logistics sector leading the way. “While the commercial office segment continues to attract steady interest, the rise in demand for premium housing has also positioned the residential sector as a key investment avenue,” Nandan stated.

As the real estate market continues to evolve, Savills India predicts sustained growth in private equity inflows, with foreign institutional investors maintaining their dominant role.

Savills India, part of Savills Plc., operates in major cities across India, including Bengaluru, Mumbai, Delhi NCR, Chennai, Pune, Hyderabad, Ahmedabad, and Kolkata.

The post Foreign Institutional Investors (FIIs) Drive Growth in Indian Real Estate with 88% Share of Private Equity Investments in 2024: Savills Report appeared first on FolksTimes.

Key Details About the Results Announcement

The ICAI confirmed this timeline through a notification on its website. Alongside the CA Final results, the institute is also expected to declare the results of the November Post Qualification Course (PQC) exams this evening.

Candidates who appeared for these exams can access their results on the official ICAI result portal, icai.nic.in. To download the results, they will need to log in using their registration numbers and roll numbers.

In an official statement, the ICAI mentioned, “The result of the Chartered Accountant Final Examinations held in November 2024 is likely to be declared on Thursday, the 26th December 2024 (Late evening) and the same can be accessed by candidates at the website icai.nic.in. It may be noted that for accessing the result at the above-mentioned website the candidate shall have to enter his/her registration no. along with his/her roll number.”

Examination Details

The CA Final exams were conducted in two groups during November 2024:

• Group 1: Held on November 3, 5, and 7.
• Group 2: Conducted on November 9, 11, and 13.

Additionally, the Post Qualification Course (PQC) exams included:

• International Taxation-Assessment Test: Held on November 9 and 11.
• Insurance and Risk Management Exam: Scheduled on November 5, 7, 9, and 11.

What Candidates Need to Know

To access their results, candidates must:

1. Visit the ICAI official result portal at icai.nic.in.
2. Enter their registration number and roll number.
3. Download and save their result for future reference.

Stay tuned for further updates as the results are released later this evening. Best wishes to all the candidates awaiting their results!

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