Advanced Composite Deck

Country Garden's Property Arm Predicts $150.03 Million Earnings Drop

The property services arm of Chinese builder Country Garden is expecting a drop of up to 1.10 billion yuan ($150.03 million) in annual earnings as its sanitation business plans to record an impairment charge for goodwill and tangible asset. The unit, Country Garden Services, said the impairment was primarily because the expansion of its sanitation business had not been carried out as was scheduled and expected in the past years, leading to a drop in both sales and profit. The long payment period of some customers of the sanitation business had also resulted in some "unsatisfactory" cash flow..

India's Coal Imports Decline By 3.1% in April-October FY25

India’s coal imports fell by 3.1% to 149.39 million tonnes (MT) during April-October in FY25, compared to 154.17 MT in the same period last year, according to the Ministry of Coal. The decline is attributed to the government’s initiatives to enhance domestic coal production and reduce import dependence. The Non-Regulated Sector, which excludes the power sector, recorded an 8.8% year-on-year drop in coal imports during the period. Coal imports for blending by thermal power plants also decreased significantly by 19.5%, despite a 3.87% increase in coal-based power generation during the same ..

YEIDA Plans Enhanced Connectivity for Noida Airport

The Yamuna Expressway Industrial Development Authority (YEIDA) is exploring improved connectivity between the Noida International Airport in Jewar and National Highway 34 (NH-34), which passes through Sikandrabad in Bulandshahr. In collaboration with the National Highways Authority of India (NHAI), YEIDA is identifying potential alignments for a new route to address challenges caused by land acquisition for the airport. This development disrupted direct access from Jewar to Sikandrabad via the existing Jewar-Sikandrabad road, necessitating an alternative route through Jahangirpur and Jhajhar. ..