Search For "crisil ratings"
Apparel retailers' revenue to grow 21-23 pc this fiscal
Updated : 3 years, 7 months ago IST
New Delhi [India], August 10 (ANI): Revenue of apparel retailers is expected to grow by 21 to 23 per cent in the current financial year driven by better same-store sales and higher contribution from new stores set up in the past 2-3 fiscals, CRISIL Ratings said in a report.
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Discom dues liquidation scheme 'to help realise Rs 9,000-cr receivables' f
Updated : 3 years, 9 months ago IST
New Delhi [India], June 23 (ANI): The Ministry of Power's scheme to liquidate overdues that distribution companies (discoms) owe to generation companies (gencos) can release the past receivables of the renewable energy (RE) sector of Rs 9,000 crore over the next two fiscals, CRISIL Ratings s
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EMI scheme to be boon for power sector despite higher discom payout
Updated : 3 years, 9 months ago IST
New Delhi [India], June 21 (ANI): Electricity distribution companies (discoms) could potentially save a quarter of their additional payouts, and effectively pay Rs 20,000 crore to generation companies (gencos) this fiscal, in addition to their annual cost of power purchase, if they subscribe
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Luggage makers set to travel past pre-pandemic revenues: Report
Updated : 3 years, 9 months ago IST
New Delhi [India], June 16 (ANI): Luggage makers are set to wheel in on-year revenue growth of 45-50 per cent this fiscal on the back of pent-up tourism demand, resumption of corporate travel, reopening of schools/colleges/offices, and limited restrictions on festivities and social events, C
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Rs 18 lakh crore NBFC debt set to become dearer by 85-105 bps this fiscal
Updated : 3 years, 9 months ago IST
New Delhi [India], June 14 (ANI): Borrowing costs for non-banking financial companies (NBFC) are expected to become costlier by 85-105 basis points in the current financial year due to an increase in policy rates by the Reserve Bank of India (RBI), CRISIL Ratings said in a report released on
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Hike in third-party motor insurance premium to only partially offset insur
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Ministry of Road Transport and Highways' recent move to increase the premium on third-party motor insurance after two years is a step in the right direction, but unlikely to fully offset the segment's underwriting losses, CRISIL Ratings said in
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Soaring costs to hit 25 GW of solar projects in India
Updated : 3 years, 10 months ago IST
New Delhi [India], May 25 (ANI): A sharp increase in the prices of solar modules and commodities such as steel, together with rising freight costs, will affect 25 GW private solar capacity under construction in India, CRISIL Ratings said in a report on Wednesday.
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India's fertiliser subsidy set to touch a record high of Rs 1.65 lakh cror
Updated : 3 years, 11 months ago IST
New Delhi [India], April 21 (ANI): The Indian government's fertiliser subsidy bill is set to touch an all-time high of Rs 1.65 lakh crore this fiscal against Rs 1.05 lakh crore budgeted, due to an unprecedented rise in the cost of raw materials and prices of fertilisers globally, according t
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Tour operators to reach over 70 per cent of pre-COVID revenue this fiscal
Updated : 3 years, 11 months ago IST
New Delhi [India], April 19 (ANI): The Indian tours and travel industry could see revenue increase this fiscal to over 70 per cent of the pre-pandemic (fiscal 2019-20) level, riding on high pent-up demand and increasing confidence of people to travel as the pandemic risks wane, CRISIL Rating
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India Inc performance improves in second half of 2021-22
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 2 (ANI): India Inc performance based on credit ratings improved sharply in the second half of the financial year 2021-22 on the back of sustained improvement in demand, secular deleveraging by debt issuers, and proactive relief measures by the government,
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Russia-Ukraine conflict may lead to shortage of 4-6 lakh tonnes of crude s
Updated : 3 years, 12 months ago IST
New Delhi [India], March 31 (ANI): Disruptions caused by the ongoing Russia-Ukraine conflict is likely to lead to a supply shortfall of at least 4-6 lakh tonne of crude sunflower oil for India during the financial year beginning April 1, according to CRISIL Ratings estimate released on Thurs
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High prices, stable demand to push gold jewellery retailers' revenue by 12
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], March 30 (ANI): The revenue of gold jewellery retailers is expected to rise by 12-15 per cent in the financial year beginning April 1, backed by sustained high prices of gold and steady demand, CRISIL Ratings said in a report on Wednesday.
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