Search For "rating"
Care revises rating on LVB's commercial papers of Rs 618 crore
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 12 (ANI): Care Ratings has revised the rating of troubled private sector lender Lakshmi Vilas Bank's (LVB's) commercial papers worth Rs 618.7 crore to BB plus with negative outlook from the earlier BBB minus with developing implications.
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Muthoot Finance gets good ratings from three global agencies
Updated : 6 years, 5 months ago IST
Ernakulam (Kerala) [India], Oct 11 (ANI): Muthoot Finance, the country's largest gold financing company in terms of loan portfolio, has obtained credit ratings from three global agencies as it prepares to access the debt market.
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India Ratings lowers its FY20 GDP growth forecast to 6.1 pc
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 10 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its forecast of India's gross domestic product (GDP) growth in current financial year downward to 6.1 per cent following the Central Statistical Organisation (CSO) estimating Q1 growth to be 5 per cent,
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MNRE refutes reports expressing doubt on India's renewable energy target
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 10 (ANI): The Ministry of New and Renewable Energy on Thursday denied reports citing rating agency Crisil's findings that India may fall short of its renewable energy target of 1.75 lakh megawatt by 2022.
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Coal India likely to miss FY20 production guidance by 55 to 75 million ton
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 8 (ANI): ICRA Ratings has estimated Coal India Ltd's (CIL's) production to fall short of its current fiscal's full-year target of 660 million tonnes by about 55 million to 75 million tonnes.
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New passenger vehicle launches to provide limited respite to OEMs: Ind-Ra
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 8 (ANI): Against the backdrop of declining volumes of passenger vehicles, India Ratings and Research (Ind-Ra) has said that new model launches will provide only limited and short-term respite to original equipment manufacturers (OEMs).
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CARE reaffirms AA and A1 plus ratings to commercial papers of Gujarat Gas
Updated : 6 years, 5 months ago IST
Ahmedabad (Gujarat) [India], Oct 8 (ANI): CARE Ratings has reaffirmed AA and A1 plus status with a positive outlook to long-term and short-term bank facilities of Gujarat Gas Ltd (GGL), India's largest city gas distribution player with customer base in residential, commercial and industri
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Margin pressure to persist for pharma companies: ICRA
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 5 (ANI): The growth and profitability of Indian pharmaceutical companies in current financial year will be constrained by regulatory interventions like price controls in domestic market and compulsory genericisation in overseas market, according to ICRA Ratings.
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Crisil assigns AAA/stable rating to Rs 500 crore NCD of L&T Finance Holdin
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 5 (ANI): Crisil has assigned its AAA/stable rating to the Rs 500 crore non-convertible debentures of L&T Finance Holdings Ltd (LTFH) due to its strong presence across the financial services space and a well-diversified resource profile.
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Benefit of corporate tax rate cut for India Inc to boost incremental inves
Updated : 6 years, 5 months ago IST
New Delhi [India], Sep 28 (ANI): ICRA Ratings has said that the recent corporate tax rate cut announcement by the central government with the intention of pump-priming economic growth, attract more investments and ultimately spur consumption augurs well for the industry.
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Tax cuts may bolster growth eventually but fiscal impact comes sooner: Fit
Updated : 6 years, 5 months ago IST
Hong Kong, Sep 26 (ANI): India's corporate tax cuts support efforts to stimulate investment and GDP growth in the medium term but will cause the fiscal deficit to widen in the near term, Fitch Ratings said on Thursday.
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Disinvestment profits can be used for limiting fiscal deficit to 3.5 pc: A
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 25 (ANI): Acuite Ratings on Wednesday said there is still a significant scope to limit India's fiscal deficit to 3.5 to 3.6 per cent if the government gives high priority to disinvestment and there is a sustainable revival in consumption and market sentiment
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