ICRA expects a muted 8-9 per cent recovery in revenues of its sample companies to Rs 28,150 crore in the financial year 2025 from Rs 26,000 crore, benefiting from the low base and replenishment of stock in the US and EU regions.
According to the report, by the end of 2023, the share of ratings with a stable outlook in the Asia-Pacific corporate portfolio had declined significantly, plummeting from 83 per cent at the end of 2022 to a mere 68 per cent.
Bangalore (Karnataka) [India], February 28: Brickwork Ratings (BWR) is pleased to announce the appointment of Alok Kedia as its new Managing Director & CEO, effective Monday, February 26, 2024. Alok brings with him almost three decades of extensive experience in senior management roles a
According to a release, despite an increase in net debt levels due to higher land investments, the leverage of developers is expected to remain comfortable between 1.1 and 1.3 times in FY2024, supported by robust cash flows.
New Delhi [India], October 30: Securing a Property Mortgage Loan is a transformative step on the journey to home ownership. It's not just a financial transaction; it's a commitment and an investment in your future. Whether you're a first-time home buyer or a seasoned property owner, understa
According to Fitch's report, the rating on the notes reflects the 'bb' credit assessment of a restricted group of operating entities under ReNew Power Private Limited (BB-/Stable) - one of the largest renewable-energy independent power producers in India - notched down because of the orphan
Pune (Maharashtra) [India], October 6: Bajaj Finance Fixed Deposits - A safe and profitable investment option for those who want to save their money and earn high returns. With flexible tenures, high FD rates, easy online application, nomination facility, and high credit ratings, it can offe
New Delhi [India], October 4: Fusion Micro Finance [BSE (BOM: 543652) and NSE (NSE: FUSION)], one of India's leading NBFC-MFIs, has announced that CRISIL, the Credit Rating Agency, has upgraded its credit rating on the Bank Loan Facilities and Non-Convertible Debentures of Fusion Micro Finan
New Delhi [India], September 14: Small business growth can now be aided by Scofit FinTech's latest app launch, which aims to enhance credit scores. With much excitement, Scofit Fintech has revealed the release of its latest app, Scofit, designed to aid small businesses in achieving quick loa
Pune (Maharashtra) [India], September 12: Fixed deposits (FDs) are one of the most popular and safe investment options in India. They offer a fixed rate of interest for a specified tenure, ranging from a few days to several years. FDs are ideal for investors who want to earn a steady income
The US government’s credit rating has been downgraded by the Fitch Ratings from AAA to AA, citing a “steady deterioration in standards of governance," CNN reported on Tuesday.