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UK hospitality to face staff shortages, margin pressures: Fitch
Updated : 4 years, 10 months ago IST
London [UK], May 14 (ANI): The UK hospitality sector is facing staff shortages as the pandemic restrictions are gradually lifted and demand returns, Fitch Ratings has said.
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Solar PLI scheme to benefit 8 to 13 pc of incremental panels demand till F
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 14 (ANI): The allocation of Rs 4,500 crore towards solar modules manufacturing industry can benefit sales of 20 gigawatts from capacity developed under the production linked incentive (PLI) scheme, India Ratings and Research (Ind-Ra) estimates.
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Global airport traffic rebounds but full recovery years away: Fitch
Updated : 4 years, 10 months ago IST
New York [USA], May 13 (ANI): Airport traffic is rebounding off of pandemic troughs in most countries though Fitch Ratings' latest quarterly Global Airport Tracker report says the proverbial runway to normal will not be in sight for years.
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Mid-sized EPC segment revenue to grow 15 pc in FY21: Crisil
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 12 (ANI): Strong order books and better operational preparedness in the second year of Covid-19 pandemic will swell the top-lines of mid-sized engineering, procurement and construction (EPC) companies by 15 per cent this fiscal compared with a 10 per cent fa
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Pharmaceutical market reports strong growth in April: Ind-Ra
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 12 (ANI): India Ratings and Research (Ind-Ra) has said the 51.5 per cent year-on-year growth in India's pharmaceutical market during April was led by a low base effect as the market declined by 10.2 per cent in April 2020 due to Covid-19 lockdown.
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Indian IT services to expand strongly defying pandemic: Fitch
Updated : 4 years, 10 months ago IST
Singapore, May 12 (ANI): A robust digital-transformation order pipeline will support Indian IT services companies' stronger revenue growth in the financial year ending March 2022 (FY22), according to Fitch Ratings.
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India's GDP growth can slip to 8.2 pc in FY22: Crisil
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 11 (ANI): India's gross domestic product (GDP) growth can drop to 8.2 per cent in the current financial year (2021-22) if the second wave of coronavirus pandemic peaks by June-end, according to rating agency Crisil.
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Moody's affirms Adani Electricity's Baa3 rating
Updated : 4 years, 10 months ago IST
Singapore, May 11 (ANI): Moody's Investors Service has affirmed Baa3 senior secured bond rating of Adani Electricity Mumbai Ltd (AEML).
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Tata Steel deleveraging gets steel price push: S&P
Updated : 4 years, 10 months ago IST
Singapore, May 10 (ANI): S&P Global Ratings said on Monday that continued strength in steel prices will support Tata Steel's commitment to deleverage.
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RBI's relief to postpone financial stress from Covid-19 surge: Fitch
Updated : 4 years, 10 months ago IST
Singapore, May 10 (ANI): There are growing indications that India's latest wave of Covid-19 infections will add to risks among financial institutions (FIs) by sapping near-term momentum from the economic recovery, according to Fitch Ratings.
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Elon Musk's hosting gig brings rating lift to 'Saturday Night Live'
Updated : 4 years, 10 months ago IST
Washington [US], May 10 (ANI): SpaceX founder and Tesla CEO Elon Musk's turn as 'Saturday Night Live' host brought the NBC late-night mainstay its third-highest ratings of the season.
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Moody's maintains Baa3 rating on Adani Transmission
Updated : 4 years, 10 months ago IST
Singapore, May 8 (ANI): Moody's Investors Service has affirmed Baa3 senior secured bond ratings of Adani Transmission Ltd (ATL) but said the outlook remains negative.
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