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 21 (ANI): Crisil has reaffirmed its ratings assigned to bank facilities, debt programmes and corporate credit rating of Thomas Cook India at A-plus/CCR A-plus/negative/A1/stable.
New Delhi [India], June 19 (ANI): Crisil has downgraded the rating on long-term bank facilities of state-owned engineering major Bharat Heavy Electricals Ltd (BHEL) from AA/negative to AA-minus/negative.
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.
Mumbai (Maharashtra) [India], June 9 (ANI): High exports for the second sugar season (October to September) in a row coupled with increased supplies of ethanol at remunerative prices for blending with petrol will improve operating profitability of integrated mills by 75 to 100 basis points t
Mumbai (Maharashtra) [India], June 5 (ANI): The expansion of Emergency Credit Line Guarantee Scheme (ECLGS) announced by the government will help companies in sectors like civil aviation, hotels and tour operators where demand has been severely affected by the intense second wave of Covid-19
Mumbai (Maharashtra) [India], June 4 (ANI): Crisil Ratings has reaffirmed AAA/stable/A1-plus ratings on the bank facilities and short-term debt programme of Ambuja Cements.
Pune (Maharashtra) [India], June 4 (ANI/NewsVoir): On June 4, 2021, RBI Governor Shaktikanta Das announced that repo rates and reverse repo rates would remain unchanged at 4% and 3.35% respectively.
Mumbai (Maharashtra) [India], May 29 (ANI): India's bicycle industry is pedalling to a decadal-high demand growth of 20 per cent this fiscal with sales likely to touch 1.45 crore units compared with 1.2 crore units last fiscal, according to Crisil Ratings.