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CRISIL Ratings upgrades U GRO Capital Limited's rating to CRISIL A/Stable
Updated : 2 years, 2 months ago IST
Mumbai (Maharashtra) [India], March 20: U GRO Capital, a leading DataTech NBFC focused on MSME lending marks a milestone as CRISIL Ratings upgraded its long-term rating on bank loans and non-convertible debentures to 'CRISIL A/Stable' from 'CRISIL A-/Positive', affirming the short-term ra
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SUVs to drive passenger vehicle volume 5-7% next financial year: Crisil
Updated : 2 years, 3 months ago IST
Passenger vehicle volume is expected to ascend to a new peak for the third straight time next financial year, growing 5-7 per cent on a high base of 6-8 per cent estimated for the current year ending March 2024, according to Crisil Ratings.
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Agri pump makers to see 7-9 pc revenue growth next fiscal: Crisil
Updated : 2 years, 5 months ago IST
Agricultural pump makers are expected to see healthy revenue growth of 7-9 percent in fiscal year 2024-25, supported by resilient domestic demand for conventional pumps and a surge in demand for solar pumps under the PM Kusum Scheme, according to Crisil Ratings.
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Firm domestic demand to keep India's steel imports elevated in 2023-24: Cr
Updated : 2 years, 5 months ago IST
Strong domestic demand, supported by government spending on infrastructure, building and construction segments, is expected to keep India's steel imports elevated around the 6 million tonne (MT) mark this financial year even as the global steel industry battles a slowdown, according to ratin
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Penetration of electric buses in India set to double next fiscal: Crisil R
Updated : 2 years, 5 months ago IST
It attributed two factors including the central government's focus on decarbonising public transportation and the relatively favourable total cost of ownership.
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Rising volume to lift bulk Indian drug makers' revenue 6-8% this fiscal: C
Updated : 2 years, 6 months ago IST
The bulk drugs segment of the Indian pharmaceutical sector is expected to see revenue grow at 6-8 per cent this fiscal year, helped by higher sales volume stemming from a stable growth outlook, according to a Crisil Ratings report.
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India Inc not in the crosshairs for now from Middle East conflict: Crisil
Updated : 2 years, 6 months ago IST
Some sectors such as fertilisers and diamonds -- both cut and polished -- may see a slight, but manageable, impact, while for most others impact will be insignificant, the rating agency said on Tuesday in a report.
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Chip shortage eases, offering hope for automobile makers: CRISIL
Updated : 2 years, 7 months ago IST
According to a press release by CRISIL Ratings, the scarcity of semiconductors, essential components in a wide range of electronic devices, had a significant impact on automobile manufacturing, causing production delays and reduced sales in India.
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Revenue of paper makers likely to fall 8-10pc this fiscal year: Crisil
Updated : 2 years, 8 months ago IST
Indian paper manufacturers could see revenue decline 8-10 per cent this financial year, compared with a steep 30 per cent growth last year, with average revenue expected to soften, according to Crisil Ratings.
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Tea companies likely to see 8% revenue degrowth this fiscal: Crisil
Updated : 2 years, 8 months ago IST
The tea industry in India is expected to register a 8 per cent degrowth in revenue this financial year, led by a decline in exports, said Crisil Ratings.
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Higher ad spends to lift revenue 13-15 pc for print media in 2023-24: Cris
Updated : 2 years, 10 months ago IST
Higher spending on advertisement by corporates and governments in view of the upcoming state and national elections are expected to lift the revenue of the Indian print media sector by 13-15 per cent, according to a report by Crisil Ratings.
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Per plate food cost in India inched up in past two months: Crisil report
Updated : 2 years, 11 months ago IST
The per plate cost of veg and non-veg thali in India, which has been on a decline since October 2022, nosed up in May and June 2023, according to a Crisil Ratings report.
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