Waaree Renewable Technologies Limited (WRTL) has been raised from CARE A- to CARE A in the most recent ratings published by CARE Ratings, India's top credit rating agency, the company said in a release.
The collection efficiency trend for unsecured asset classes, such as microfinance loans, personal loans and unsecured SME loans, has seen weakening performance in the last few months, rating agency ICRA said on Thursday.
Fitch Ratings has affirmed Adani Ports and Special Economic Zone Limited's (APSEZ) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' and removed it from Rating Watch Negative (RWN), while maintaining a Negative Outlook.
In a statement Monday, Fitch affirmed the said ratings, noting that the Adani group "has demonstrated adequate funding access" since the US indictment of certain board members of another group entity, Adani Green Energy Limited (AGEL), on 20 November 2024.
According to the rating agency, public sector investments and spending made by the government in the Union Budget announcements after the pandemic have paid off, with fixed investments being the key driver of GDP growth until the fiscal year 2024.
Chennai (Tamil Nadu) [India], March 7: In a landmark achievement for Indian education, The Pupil Saveetha Eco School has become India's first and only school to receive the prestigious Platinum Plus rating from QS I-GAUGE, confirming that Indian education stands on par with global best pract
The housing finance market, valued at around Rs 33 trillion, is expected to grow at a CAGR of 15-16 percent between 2024-25 and 2029-30 to Rs 77-81 trillion, CareEdge Ratings has asserted.
Private hospitals in India will increase their capacity by over 4,000 beds next fiscal, at an investment of Rs 11,500 crore, after an aggressive addition of around 6,000 beds this fiscal, according to a Crisil Ratings report.