Latest Answer: Traffic in road projects grew in the range of 5-6% in FY15 compared with a decrease in FY14. India Rating & Research expects that the tempo to continue in FY16 also on account of increased economic activity. Toll rate increases linked to inflation, whether completely or to a limited extent, have somewhat balance the decrease in traffic numbers in FY15.
Q:Sunteck Realty, whose clients include Bollywood celebrities, is desiring private equity funds to buy distressed assets from competitor running under debt.
Latest Answer: Very clever sign of business. The company's funds are chasing commercial properties more for better returns, and Sunteck may look to double the share of its office and retail assets to about 40% and cut residential assets from 80% if there is increased demand.
