Mumbai (Maharashtra) [India], Aug 21 (ANI): India Ratings and Research (Ind-Ra) has said the decline in US sales of Indian companies was attributed to a high single-digit price erosion in US generic market coupled with a continued weak demand for the acute portfolio of products during 1Q FY2
Mumbai (Maharashtra) [India], Aug 21 (ANI): The non-life insurance industry continued its strong performance with July numbers reporting 19.5 per cent growth in line with the trend seen during previous months, Care Ratings has said.
Mumbai (Maharashtra) [India], Aug 21 (ANI): Crisil Ratings has revised the credit quality outlook of India Inc for fiscal 2022 to positive from cautiously optimistic earlier, predicated on a sustained recovery in demand after the blip caused by the second wave of Covid-19 afflictions in the
Singapore, August 20 (ANI): S&P Global Ratings on Friday placed the long-term issuer and issue credit ratings on Tata Steel Ltd, Tata Motors, ABJA Investment Co Pte Ltd, TML Holdings Pte Ltd and Jaguar Land Rover Automotive Plc on creditwatch with positive implications.
Mumbai (Maharashtra) [India], August 20 (ANI): India Ratings and Research (Ind-Ra) has said equity infusion as planned is critical for PNB Housing Finance (PNBHF) to provide adequate buffers for growth and mitigate any possible asset-side stress.
Mumbai (Maharashtra) [India], Aug 19 (ANI): Malls have been recovering faster after the second wave compared with the first wave supported by a rapid easing of restrictions and pent-up demand, Crisil Ratings said on Thursday.
Mumbai (Maharashtra) [India], August 19 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its GDP growth forecast for FY22 to 9.4 per cent year-on-year and said the economic recovery will depend on progress of vaccination drive.
Singapore, Aug 19 (ANI): Emerging southeast Asian economies are facing intense headwinds from persistent Covid-19 pandemic waves, S&P Global Ratings said on Thursday, adding that private consumption and services will be hit hardest.
Singapore, Aug 17 (ANI): S&P Global Ratings said on Tuesday that Jubilant Pharma Ltd will remain integral to the broader group even after its proposed reorganisation.
Mumbai (Maharashtra) [India], August 16 (ANI): Buoyed by healthy growth outlook, the cement industry is pressing the pedal on capacity additions with 80 million tonnes expected over the next three years through fiscal 2024, a quarter more than that seen during the last three fiscals (64 MT).
Mumbai (Maharashtra) [India], Aug 14 (ANI): Cash losses of power distribution companies (discoms) will remain elevated at around Rs 46,000 crore this fiscal or 40 per cent higher than the Rs 33,000 crore seen in the pre-pandemic levels of fiscal 2020, Crisil Ratings has said.
Mumbai (Maharashtra) [India], Aug 14 (ANI): India Ratings and Research (Ind-Ra) has assigned long-term issuer default rating for the Indian branch of Barclays Bank Plc (BBPLC) at AAA with a stable outlook.