Singapore, September 1 (ANI): Bharti Airtel Ltd's planned USD2.8 billion equity issuance will improve its funds from operations (FFO) net leverage to around 2x and provide funds to strengthen its market position, according to Fitch Ratings.
New Delhi [India], August 19 (ANI): ICRA has forecast the year-on-year growth of the GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 20 per cent and 17 per cent respectively in Q1 FY2022, benefitting from healthy Central and state government capital spending,
Ahmedabad (Gujarat) [India], Aug 17 (ANI/VRPR Digital): Global outsourcing partner for pharmaceutical industry Dishman Carbogen Amcis Ltd has reported consolidated net sales for Q1 FY22 at Rs 551 crore, up 16 per cent from Rs 474 crore in the same quarter of previous year.
Singapore, June 30 (ANI): Fitch Ratings expects the rating headroom for Oil India Ltd (OIL) to reduce in the medium term as leverage will rise when it accelerates capex to expand capacity at Numaligarh Refinery Ltd (NRL).
Mumbai (Maharashtra) [India], June 21 (ANI/NewsVoir): Yasho Industries Ltd. (BSE: 541167 | ISIN: INE616Z01012) a leading Indian global manufacturer & supplier of specialty and fine chemicals, today announced that the Board of Directors of the company has approved the capex upto Rs. 10 cr
Singapore, June 18 (ANI): Capex intensity and the pace of receivables collection from distribution companies will dictate ratings trajectory for Greenko Energy Holdings and ReNew Power, Fitch Ratings has said in a new report.
Srinagar (Jammu and Kashmir) [India], June 17 (ANI): In a historic decision, Rs 12,600.58 crore District Capex Budget 2021-22, which is more than double the previous year's budget of Rs 5134.40 crore, has been approved for the equitable development of Jammu and Kashmir.
Mumbai (Maharashtra) [India], June 15 (ANI): India Ratings and Research (Ind-Ra) has said the operating performance of thermal power plants can improve meaningfully, given the change in incremental demand supply equation after a decade.
New Delhi [India], June 11 (ANI): Union Finance Minister Nirmala Sitharaman on Friday held a virtual meeting with senior government officials to discuss the infrastructure roadmap ahead.
Mumbai (Maharashtra) [India], May 24 (ANI): Aditya Birla-led Grasim Industries on Monday posted a consolidated net profit of Rs 2,617 crore for the March quarter, up 13 per cent from Rs 2,309 crore in the same quarter of previous fiscal.
Pune (Maharashtra) [India], April 5 (ANI): Leading dairy FMCG company Parag Milk Foods on Monday announced plans to raise Rs 316 crore by way of preferential issue of equity shares, foreign currency convertible bonds (FCCBs) and issue of convertible warrants.
Mumbai (Maharashtra) [India], Feb 27 (ANI): Oil marketing firm IndianOil Corporation (IOC) is expanding its Panipat refinery's capacity from 15 million metric tonnes per annum (MMTPA) to 25 MMTPA at a cost of Rs 32,946 crore.