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.
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.
Global capability centres (GCCs) and IT/IT-enabled services (ITeS) companies, which account for 50-60 per cent of net office leasing, are driving this transformation as they prioritize environmentally friendly spaces to meet rising compliance and sustainability goals.
The Indian poultry industry's operating profitability is poised to slip next financial year 2025-26, owing to an increase in feed cost, even as strong demand leads to revenue growth of 8-10 per cent, Crisil Ratings said in a report.
New Delhi [India], February 11: Brandscouncil Ratings felicitated 100+ Corporates with World Best Brands & Business Awards'2024, World Real Estate, Constructions & Infrastructure Awards 2024, World Healthcare Awards 2024, GFSTIIA Awards, South Asia Pacific Healthcare Summit & Bus
The Union Budget for 2025-26, presented on February 1, reinforces credibility in India's fiscal consolidation roadmap while emphasizing boosting the economy's overall growth potential, CareEdge Global Ratings said in a report.
Potential effects of the tariffs proposed by the Donald Trump administration are overwhelmingly negative, said a report published by a team of S&P Global Ratings' economics team.
The rating agency said that the upgrade in rating reflects Crisil Ratings expectation of strengthening in Adani Power's overall credit risk profile with strong improvement in the business parameters on account of increase in proportion of tied-up capacities as well as fuel linkages.
Maulesh Desai, Director, CareEdge Ratings, said, "Among the under-construction projects, totalling Rs 1.83 lakh crore, 55 per cent with an aggregate BPC of Rs 1 lakh crore are delayed by more than six months."
New Delhi [India], February 5: A storm is brewing at the box office, and it goes by the name Chhaava. With sky-high IMDb pre-release ratings and fans already in a state of frenzy, this historical epic is primed to take the film industry by storm. The internet-breaking trailer has set social
Finance minister Nirmala Sitharaman on Saturday announced zero tax on income of up to Rs 12 lakh. The union government will forego a revenue of Rs 1 lakh cr because of this cut.