The Adani group has sufficient liquidity and operational cash flows to meet its debt obligations and planned capital expenditures in the medium term, according to an update on the financial situation of the Adani Group by the CRISIL Ratings.
Asset reconstruction companies (ARCs) will witness their cumulative recovery rate for stressed road projects rise 700-1,000 basis points (bps) this fiscal after doubling to 50-55 per cent last fiscal, the CRISIL Ratings said in its report.
The total capital outlay of India's top 18 states is expected to grow 7-9 per cent on a yearly basis to Rs 7.2 lakh crore this financial year 2024-25, building on a high base from last year, according to Crisil Ratings.
Non-banking financial companies (NBFCs) are increasingly attempting to access funding sources beyond banks, such as through non-convertible debentures (NCD), commercial papers (CP), foreign currency borrowings (FCB) and securitisation, to continue their growth march, asserted Crisil Ratings.
New Delhi [India], October 2: QVC Exports Limited has been assigned with CRISIL ratings to the bank facilities of the company. Looking at the performance of the Company, CRISIL has upgraded the external rating by two notches from BB- to BB+. This has been a major achievement of the organizat
India's oil marketing companies (OMCs) are expected to increase the country's crude oil refining capacity by 35-40 million tonnes (MT) by the end of fiscal 2030, the Crisil Ratings said.
Recent political developments in Bangladesh haven't had a significant impact on India's trade and going forward, the effect will vary based on industry or sector-specific nuances and their trade exposure, asserted Crisil Ratings.
A recent analysis by CRISIL Ratings, which examined 58 gold jewellery retailers representing a third of the organised sector's revenues, indicates that the sector will benefit from improved working capital management.
Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education, said Crisil Ratings.
The revenue growth of auto dealers is expected to slow to 7-9 per cent this financial year after a healthy 14 per cent last year, due to a moderation in sales volume growth and modest price hikes by car manufacturers, asserted Crisil Ratings.