Mumbai (Maharashtra) [India], July 22 (ANI): India Ratings and Research (Ind-Ra) has assigned AAA rating to Hindustan Petroleum Corporation Ltd's (HPCL's) Rs 7,500 crore non-convertible debentures (NCDs) due to the company's strategic importance in supporting fuel retailing and marketing ope
Mumbai (Maharashtra) [India], July 16 (ANI): The overall residential demand is expected to decline by over 25 per cent year-on-year in the current financial year FY21 due to ongoing COVID-19 pandemic after registering a fall of 5 per cent in FY20, according to India Ratings and Research (Ind
Mumbai (Maharashtra) [India], July 10 (ANI): The pre-provisioning operating profit (PPOP) of top five private sector banks by advances size can decline by 15 per cent year-on-year in the current financial year as compared to 4.9 per cent in FY20, India Ratings and Research (Ind-Ra) said on F
Mumbai (Maharashtra) [India], July 7 (ANI): Indian pharmaceutical companies have built a strong abbreviated new drug application (ANDA) pipeline since FY12 through scaling-up of investments in R&D but this will increase the inspection intensity, India Ratings and Research (Ind-Ra) said o
Mumbai (Maharashtra) [India], July 6 (ANI): The impact of COVID-19 and associated policy response is likely to result in an additional Rs 1.67 lakh crore of debt from the top 500 debt-heavy private sector borrowers turning delinquent between FY21 and FY22, India Ratings and Research (Ind-Ra)
Mumbai (Maharashtra) [India], July 4 (ANI): Steel prices could fall further in coming weeks as domestic production will gradually increase with the easing of lockdown restrictions along with no corresponding increase in demand, according to India Ratings and Research (Ind-Ra).
Mumbai (Maharashtra) [India], June 29 (ANI): India Ratings and Research (Ind-Ra) expects the gross state domestic product (GSDP) of all states in India to contract during the current financial year in the range of 1.4 to 14.3 per cent.
Mumbai (Maharashtra) [India], June 29 (ANI): India Ratings and Research (Ind-Ra) on Monday downgraded Haldia Petrochemicals Ltd's (HPL's) long-term issuer rating to AA-minus from AA while resolving the rating watch negative (RWN).
Mumbai (Maharashtra) [India], June 27 (ANI): The all-India energy demand decreased 14.9 per cent year-on-year to 102.7 billion units in May while energy supply also decreased 14.9 per cent, resulting in the energy deficit remaining at 0.5 per cent (May 2019: 0.4 per cent), according to India
Mumbai (Maharashtra) [India], June 24 (ANI): India's gross domestic product (GDP) will contract by 5.3 per cent year-on-year in the current financial year (FY21), marking the lowest growth rate in the country's history and sixth instance of economic contraction, India Ratings and Research (I
Mumbai (Maharashtra) [India], June 8 (ANI): India Ratings and Research (Ind-Ra) has assigned Adani Ports and Special Economic Zone (APSEZ) Ltd's non-convertible debentures (NCDs) a final rating of AA-plus with a stable outlook.
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) expects the aggregate fiscal deficit of states to now rise to 4.5 per cent of gross domestic product (GDP) in FY21 as against the agency's earlier forecast of 3 per cent.