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Worst may be behind for Indian oil marketing companies: Fitch
Updated : 3 years, 4 months ago IST
Retail losses from auto fuel prices that have been frozen for around six months amid elevated crude oil prices kept their profitability under pressure in the second quarter.
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Hasaranga regains top spot in ICC Men's T20I Player Rankings
Updated : 3 years, 4 months ago IST
Yadav, who totals 225 runs in the tournament so far, scored 30 against Bangladesh and a match-winning 61 off 25 balls against Zimbabwe to add six rating points to his tally and reach a career-best 869 points, 39 more than Pakistan's Mohammad Rizwan. Devon Conway of New Zealand is 90 points a
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Pakistan's economic condition worsens as default on borrowing spikes
Updated : 3 years, 4 months ago IST
Fast deteriorating CDS is signalling the foreign investors that Islamabad is precariously near default. Rather than taking SOS measures for economic revival, Islamabad is still pinning its hope on assistance from Saudi Arabia and China which have dried up in the recent past.
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Merck Foundation CEO, Senator, Dr Rasha Kelej for the Fourth Year Recogniz
Updated : 3 years, 4 months ago IST
Accra [Ghana]/Mumbai (Maharashtra) [India], November 5 (ANI/BusinessWire India): Senator, Dr Rasha Kelej, CEO of Merck Foundation and President of the "More Than a Mother" Campaign has been featured in the list of 100 Most Influential African Women 2022 for the fourth consecutive year, by a
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10 Campuses of Panchshil Office Parks, spanning over 14.5 MSF, awarded the
Updated : 3 years, 4 months ago IST
Pune (Maharashtra) [India], November 4 (ANI/BusinessWire India): Panchshil Realty is proud to announce that, further to receiving the Five Star Rating in Occupational Health and Safety Audit 2022, ten campuses of Panchshil Office Parks - EON Free Zone I & II, International Convention Cen
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Commercial vehicle sales volume to grow in 14-19% range over next few year
Updated : 3 years, 4 months ago IST
A recovery in medium and heavy commercial vehicle (MHCV) from multi-year lows, along with sustained growth in light CV (LCV) categories, will help overall CV volume reach close to one million units by the financial year 2023-2024 (FY24) - the level of the last cyclical peak recorded in the f
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ICRA assigns provisional AA- rating to Yotta Infrastructure's proposed non
Updated : 3 years, 4 months ago IST
Mumbai (Maharashtra) [India], November 2 (ANI/PRNewswire): Credit rating agency ICRA has assigned AA- (Stable) rating for the proposed non-convertible debentures (NCDs) of NMDC Data Centre Private Limited (NMDC). The rating is provisional subject to the completion of certain documentation fo
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Operating margin of aluminium producers to decline 12 percentage points in
Updated : 3 years, 4 months ago IST
For aluminium makers, profitability is a function of global and domestic factors that affect prices and costs.
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Container rail volumes expected to surge 16% by FY25: CareEdge Ratings
Updated : 3 years, 4 months ago IST
In this report, CareEdge Ratings has analysed the imminent shift in the mode of freight movements from roadways to railways and the underlying factors facilitating the transition. A dedicated freight corridor will boost the modal shift from road to rail, the rating agency reported.
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Pakistan's risk of default spikes to 13-year high of 52.8 per cent
Updated : 3 years, 4 months ago IST
Following the global rating agencies Moody's and Fitch downgrading Pakistan's credit rating in recent weeks, Islamabad's risk of default spiked to a 13-year high of 52.8 per cent.
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India's fertilizer subsidy bill may overshoot by Rs 40,000 crore: Crisil
Updated : 3 years, 4 months ago IST
Indian government has been proactive in addressing the subsidy requirements of the fertilizer industry.
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Credit agency Fitch downgrades Pakistan to CCC+ from B-
Updated : 3 years, 4 months ago IST
Islamabad [Pakistan], October 21 (ANI): Fitch Ratings on Friday downgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+' from 'B-' amid country's political volatility and deteriorating economy.
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