Mumbai (Maharashtra) [India], Aug 19 (ANI): Malls have been recovering faster after the second wave compared with the first wave supported by a rapid easing of restrictions and pent-up demand, Crisil Ratings said on Thursday.
Mumbai (Maharashtra) [India], August 16 (ANI): Buoyed by healthy growth outlook, the cement industry is pressing the pedal on capacity additions with 80 million tonnes expected over the next three years through fiscal 2024, a quarter more than that seen during the last three fiscals (64 MT).
Mumbai (Maharashtra) [India], Aug 14 (ANI): Cash losses of power distribution companies (discoms) will remain elevated at around Rs 46,000 crore this fiscal or 40 per cent higher than the Rs 33,000 crore seen in the pre-pandemic levels of fiscal 2020, Crisil Ratings has said.
Mumbai (Maharashtra) [India], Aug 12 (ANI): Crisil Ratings has reaffirmed A1-plus rating on the Rs 100 crore commercial paper programme of Jubilant Foodworks Ltd (JFL).
Mumbai (Maharashtra) [India], August 5 (ANI): After declining 13 to 15 per cent last fiscal, cigarette sales volume is set to rise 7 to 9 per cent to 83 to 85 billion sticks this fiscal, driven by recovery in out-of-home consumption, limited price hikes and a lower-base effect.
Mumbai (Maharashtra) [India], July 30 (ANI): Crisil Ratings has upgraded rating on non-convertible debentures of Hindalco Industries Ltd to AA-plus with a stable outlook from AA with a positive outlook.
Mumbai (Maharashtra) [India], July 28 (ANI): Revenue growth of fast-moving consumer goods (FMCG) sector will double from 5 to 6 per cent last fiscal to 10 to 12 per cent in the current one, Crisil Ratings has said.
Mumbai (Maharashtra) [India], July 8 (ANI): The 100 billion dollar information technology (IT) services sector will stage a strong recovery this fiscal with revenue growth of 10 to 11 per cent, according to Crisil Ratings.
Mumbai (Maharashtra) [India], June 26 (ANI): Rising module prices may diminish returns for 12 GW of bid out solar projects by 200 basis points and inflate tariffs of future bids by 10 to 15 paise per unit, according to Crisil Ratings.
Mumbai (Maharashtra) [India], June 23 (ANI): The tours and travel industry which was beginning to recover before the second wave of Covid-19 infections began will now see revenue this fiscal reaching only 35 to 40 per cent of the pre-pandemic levels, Crisil Ratings said on Wednesday.
Mumbai (Maharashtra) [India], June 15 (ANI): Air traffic is expected to slump in fiscal 22 and fully recover only by fourth quarter of next fiscal because of debilitating consequences of second Covid-19 wave in India, according to Crisil Ratings.
Mumbai (Maharashtra) [India], June 12 (ANI): A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, according to Crisil Ratings.