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Why the Indiabulls Real Estate-Embassy Group merger is a crown of thorns

The merged entity will be India’s biggest real-estate developer, but the deal comes with its fair share of challenges, the reason why the Indiabulls stock has underperformed the broader market this year.The stock market’s reservation stems from the somnolence in real estate, particularly the residential market, where Indiabulls has a substantial exposure. The concerns are not entirely unwarranted.
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priyanka
8 Sep 2020 6 Mins Read 0 comment
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With the merger of Indiabulls Real Estate and the Embassy Group, the real-estate market will have a new leader soon — but it promises to be a crown of thorns — for the moment. The response of the stock market, in a way, tells the story. The proposed merged entity’s potential saleable area has risen substantially, but the stock price
to June. But with the weak macro economic situation, the diversification into residential space may prove to be a challenge for the Embassy Group-led merged entity, stretching it thin. Market leadership often comes at a price. To quote Shakespeare in Henry IV: uneasy lies the head that wears a crown. ( Graphics by Mohammad Arshad)
With the merger of Indiabulls Real Estate and the Embassy Group, the real-estate market will have a new leader soon — but it promises to be a crown of thorns — for the moment. The response of the stock market, in a way, tells the story. The proposed merged entity’s potential saleable area has risen substantially, but the stock price to June. But with the weak macro economic situation, the diversification into residential space may prove to be a challenge for the Embassy Group-led merged entity, stretching it thin. Market leadership often comes at a price. To quote Shakespeare in Henry IV: uneasy lies the head that wears a crown. ( Graphics by Mohammad Arshad)

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Message from Planet Labs’ eye in the sky: India is a medieval knight in the age of modern warfare
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Message from Planet Labs’ eye in the sky: India is a medieval knight in the age of modern warfare

Satellite pictures of the Galwan valley region shared by US-based Planet Labs exposed China backtracking on the agreement with India to disengage. While the images did help India foster its case in shaping global opinion, it also exposes the country’s unpreparedness in advanced technologies. The episode underlines the urgent need to nurture companies in satellite imaging and space technology.

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