The revenue of India's data centre operators is likely to reach nearly Rs 20,000 crore annually by fiscal 2028, said a report by Crisil Ratings on Tuesday.
Kinjal Shah, Senior Vice President & Co-Group Head - Corporate Ratings at ICRA, says rural spending continues to hold steady, while several policy steps are supporting sentiment in cities.
The unsecured MSME business loans, which comprise nearly 6% of NBFC AUM, have seen an increase in delinquencies amidst higher borrower leverage and adjacencies with the microfinance customer segment, Crisil Ratings said.
The recent Goods and Services Tax (GST) cuts have given a fillip to unit sales across vehicle categories, particularly cars, and this momentum is likely to continue with a steady growth of 16-17% over this fiscal and the next.
Pune (Maharashtra) [India], November 24: Fibe's NBFC arm, EarlySalary Pvt. Ltd, has achieved an improvement in its credit ratings by three top rating agencies, reaffirming the company's robust underwriting and risk management framework, operational resilience, and commitment to strong govern
India's shrimp export sustained healthy growth during the first five months of FY26, with total export value rising 18 per cent year-on-year to USD 2.43 billion, supported by an 11 per cent increase in shipment volumes to 3.48 lakh metric tonnes (LMT), according to a report by CareEdge.
The financial health of banks in the country continues to strengthen, with non-performing assets (NPAs) registering a steady decline in the second quarter of the current financial year FY26, highlighted a report by CareEdge Ratings.
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
Global banking sectors are facing growing challenges due to rapid digitalization, adoption of artificial intelligence (AI), climate change, and increasing cyber threats, according to a report released by S&P Global Ratings.
Bank of America (BofA) Global Research has initiated coverage on the Adani Group with 'Overweight' (OW) ratings on several of its US dollar bonds, citing the conglomerate's solid fundamentals, strong asset base, and intact funding access despite regulatory scrutiny and tightening market cond
Raichur (Karnataka) [India], November 11: Shilpa Pharma Lifesciences Limited, a material subsidiary of Shilpa Medicare Limited (BSE: 530549) (NSE: SHILPAMED), has been awarded the prestigious Gold Medal by EcoVadis, the world's most trusted provider of business sustainability ratings.
Mumbai (Maharashtra) [India], November 8: Infomerics Valuation and Ratings Private Limited. has revised the outlook for Globe Civil Projects Limited's long-term bank facilities from Stable to Positive while reaffirming the rating at IVR BBB. The short-term rating of IVR A3+ has also been rea