Mumbai (Maharashtra) [India], April 5: Film: "Dukaan" (Showing in Theatres near you); Duration: 132 minutes; Directors: Siddharth Singh and Garima Wahal; Produced by A Jhunjhunwala and SK Ahluwalia, Banner- Waveband production, Cast: Monika Panwar, Sikandar Kher, Insane Ashraf, Vrajesh Hirje
ICRA expects a muted 8-9 per cent recovery in revenues of its sample companies to Rs 28,150 crore in the financial year 2025 from Rs 26,000 crore, benefiting from the low base and replenishment of stock in the US and EU regions.
This uptick in resolutions is attributed to various structural improvements initiated by the Insolvency and Bankruptcy Board of India (IBBI), indicating positive momentum in the resolution landscape.
Mumbai (Maharashtra) [India], April 2: Seclore, the leading provider of data-centric security solutions, today announced that it was recognized by CRN®, a brand of The Channel Company, with a prestigious 5-Star Award in its 2024 Partner Program Guide. This annual guide provides essentia
Bengaluru (Karnataka) [India], April 1: Brickwork Ratings (BWR) is glad to announce the resumption of business and client onboarding following the order of the Securities and Exchange Board of India (SEBI) order dated March 26, 2024. The SEBI order from September 2023 had previously restrict
New Delhi [India], April 1: India Shelter Finance Corporation Ltd., a pioneer in the affordable housing finance market, has been awarded an IND AA-/Stable rating by India Ratings and Research (Ind-Ra), affirming its financial resilience and leadership in enabling access to affordable housing
On Saturday, finance minister Nirmala Sitharaman said in an event at Mumbai that India will grow over 8 per cent in the January-March quarter of 2024. The country has become the 5th largest economy of the world and the Modi government has pledged to make it the 3rd largest by 2027.
CareEdge Ratings estimates bank credit growth in India to be in the range of 14-14.5 per cent in financial year 2024-25. In current financial year 2023-24, credit offtake is anticipated to close with a growth of around 16 per cent excluding the HDFC merger.
According to the rating agency, the economic growth in the current financial year was supported by a strong growth in investment demand led by public capital expenditure.
According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis points over the next two years from the current cyclical peak of 3.6 per cent in the nine months of the financial year ending March 2024 (9MFY24), the sector's earnings resilience will persist.