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EarlySalary Services Pvt. Ltd. (A Fibe Group Company) raises Rs. 30 crores
Updated : 2 years, 4 months ago IST
Mumbai (Maharashtra) [India], November 8: EarlySalary Services Pvt. Ltd. (A Fibe Group Company) has raised Rs. 30 crores via issuance of Non-Convertible Debentures (NCD) which are now listed on Bombay Stock Exchange (BSE). This issue marks the debut of EarlySalary Services Pvt. Ltd. on the B
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India Inc not in the crosshairs for now from Middle East conflict: Crisil
Updated : 2 years, 4 months ago IST
Some sectors such as fertilisers and diamonds -- both cut and polished -- may see a slight, but manageable, impact, while for most others impact will be insignificant, the rating agency said on Tuesday in a report.
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India's inclusion in JP Morgan bond index signals positive boost for finan
Updated : 2 years, 4 months ago IST
According to a report by Fitch Ratings, this move is likely to contribute to a slight reduction in funding costs and encourage further development in the domestic capital market.
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Residential unit launches to surge by 15 per cent in FY2024, reaching deca
Updated : 2 years, 4 months ago IST
According to a release, despite an increase in net debt levels due to higher land investments, the leverage of developers is expected to remain comfortable between 1.1 and 1.3 times in FY2024, supported by robust cash flows.
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India's growth outlook soars: Fitch raises medium-term potential to 6.2 pe
Updated : 2 years, 4 months ago IST
This positive development reflects the country's growing economic resilience and potential for expansion.
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Two air incidents spark alarm among ATC Guild, flags change in rating syst
Updated : 2 years, 4 months ago IST
India's Air Traffic Controllers (ATC) Guild penned an urgent letter to the Ministry of Civil Aviation (MoCA) Secretary regarding two incidents post-ATC Rating system changes, highlighting safety concerns.
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Improved supply-demand balance to boost margins for APAC steel producers:
Updated : 2 years, 4 months ago IST
Chinese steel consumption has remained steady, with a flat year-on-year performance in 9M23. This stability is attributed to robust investments in the infrastructure and manufacturing sectors, compensating for a weaker property sector.
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APAC Oil and Gas producers maintain capex amidst energy transition: Fitch
Updated : 2 years, 4 months ago IST
According to Fitch Ratings, despite these financial commitments, APAC O&G companies have more flexibility for capex as they have significantly reduced leverage in 2022. Additionally, most of these companies enjoy robust access to funding, thanks to their close affiliations with sovereign
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Indonesia grapples with rising interest rates as electric vehicle revoluti
Updated : 2 years, 4 months ago IST
The report suggests that 4W sales in 2023 will hover around 1 million units, slightly below the 2022 figures of 1,048,040 units, with a similar outlook for 2024.
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Brookfield India Real Estate Trust Ranked #1 for Management Score in Asia
Updated : 2 years, 4 months ago IST
Mumbai (Maharashtra) [India], October 30: Brookfield India Real Estate Trust (BIRET), India's first 100% institutionally managed real estate investment trust, has received the number one ranking for Management Score in Asia by GRESB, an investor-driven global ESG benchmark. By retaining its
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Factors That Impact Your Property Mortgage Loan Amount Value
Updated : 2 years, 4 months ago IST
New Delhi [India], October 30: Securing a Property Mortgage Loan is a transformative step on the journey to home ownership. It's not just a financial transaction; it's a commitment and an investment in your future. Whether you're a first-time home buyer or a seasoned property owner, understa
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India's green energy sector receives strong 'BB-' Credit Rating: Fitch
Updated : 2 years, 4 months ago IST
According to Fitch's report, the rating on the notes reflects the 'bb' credit assessment of a restricted group of operating entities under ReNew Power Private Limited (BB-/Stable) - one of the largest renewable-energy independent power producers in India - notched down because of the orphan
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