Search For "disruptions"
Covid-19 disruptions exacerbate credit quality deterioration for India Inc
Updated : 5 years, 6 months ago IST
Singapore, Sep 11 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 22 rated Indian non-financial companies will fall by 24 per cent in the current financial year, global rating agency Moody's said on Friday.
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Crisil reaffirms AA, A1+ ratings on Welspun Corp's bank facilities, debt p
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 5 (ANI): Welspun Corp said on Saturday that Crisil has reaffirmed its ratings on Rs 5,825 crore bank facilities and debt programmes at AA and A1-plus.
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Credit quality weakens for A-Pac metals and mining on economic slowdown
Updated : 5 years, 6 months ago IST
Singapore, September 3 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 24 rated mining and mining services companies in the Asia Pacific will decline around 10 per cent to 53 billion dollars in 2020 from 59 billion dollars in 2019, Moody's Inv
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Indian pharma's sales to rise after cost cuts support margins in pandemic-
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 29 (ANI): Indian pharmaceutical companies' sales will rise after a gradual easing of the coronavirus pandemic-related lockdown measures that caused disruptions across most markets in April to June, Fitch Ratings has said.
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Growth expected in Q2 as worst from Covid-19 over: EY
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 29 (ANI): The first quarter (April to June) is likely to be the worst of current financial year due to economic disruptions caused by Covid-19 pandemic and recovery is expected ahead, global consultancy firm Ernst & Young (EY) has said.
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Rural demand to support economic recovery but cannot substitute for urban
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): As the share of agriculture in India's gross value added is about 17 per cent, rural demand at best can extend support to consumption demand but cannot be a substitute for urban demand, India Ratings and Research (Ind-Ra) said on Friday.
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IFC supports MSMEs, farmers with $500 million in COVID-19 response support
Updated : 5 years, 6 months ago IST
Hong Kong, August 25 (ANI): The International Finance Corporation (IFC) has said that thousands of micro, small, and medium enterprises besides millions of farmers across Asia and the Pacific stand to benefit from its first phase of COVID-19 crisis response funding.
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Ind-Ra downgrades South Indian Bank to A with negative outlook
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 22 (ANI): India Ratings and Research (Ind-Ra) has downgraded South Indian Bank's long-term issuer rating to A from A-plus with a negative outlook.
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Parijat Care and Productivity Mantra During Covid Crisis
Updated : 5 years, 6 months ago IST
New Delhi [India], August 20: The COVID-19 is a public health crisis that has impacted the global economy and led to worldwide catastrophic socio-economic, health and livelihood disruptions. It has adversely impacted all sectors of the economy and especially the manufacturing sector. Food se
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COVID-19: MNRE extends time of RE Projects till Aug 24
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 14 (ANI): The Ministry of New and Renewable Energy (MNRE) has decided to extend the time of RE projects till August 24 considering disruptions due to lockdown.
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Despite COVID-19 disruptions, Ace Group committed to timely delivery of pr
Updated : 5 years, 7 months ago IST
New Delhi [India] Aug 14 (ANI/NewsVoir): Though the outbreak of coronavirus has taken its toll on the real estate sector too, accentuating the current period of slowdown, realty major Ace Group has reiterated its promise to deliver all its projects on time and as per the commitments made wit
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RITES Q1 net profit drops to Rs 60 crore on COVID-19 woes
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 11 (ANI): Government-owned RITES Ltd said on Tuesday its profit after tax dropped to Rs 60 crore in the quarter ended June on a standalone basis from Rs 93 crore in Q1 FY20.
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