Crisil

Gross non-performing assets of banks are likely to rise to 8 per cent to 9 per cent by the end of 2021-22, compared to 7.5 per cent of last year,

Bharti Airtel Share Price: On Wednesday, Bharti Airtel opened on the BSE at Rs 699, touching to an intra day high of Rs 702, and an intra day low of Rs 689.45, so far.

While working capital requirements will increase, higher cash generation and prudent capital expenditure (capex) will keep credit profiles stable, shows a Crisil Ratings analysis of 42 companies with aggregate revenue of Rs 1.30 lakh crore and accounting for about 55 per cent of the sector's revenue.

Rental revenue for mall owners is seen clawing back to 80 to 85 per cent of pre-pandemic levels this fiscal compared with 55 to 60 per cent last fiscal.

The country's GDP growth may slip to 8.2 per cent in the current financial year 2021-22, if the ongoing second wave of the COVID-19 pandemic peaks by June-end, said ratings agency Crisil.

Hospitals can be among the biggest beneficiaries as incremental funding can potentially increase bed capacity in the country by 15 to 20 per cent, said Crisil Ratings

Money market fund categories bore the brunt of the outflow in the month as corporates and institutional investors redeemed their investments for paying taxes.

Crisil withdrew its ratings on Welspun Corp's non-convertible debentures of Rs 900 crore of the company.

Yes Bank shares hit the intra-day high of Rs 15.41, up 4.75 per cent from the previous closing in early trade

A gradual pick-up in economic activity, continuing demand for retail loans, and strong growth in lending by private sector banks should drive the uptick.

On Tuesday, Care Ratings (CARE) had downgraded its ratings on the long-term bank facilities and non-convertible debentures.

The rating action reflects CRISIL's expectation of a lower likelihood of any relief from Government of India after the Supreme Court (SC) on February 14, 2020, did not grant any relief to the telecom companies, including Vodafone Idea, on adjusted gross revenue (AGR) dues and directed them to make the payment before the next hearing date i.e. March...

Ratings agency Standard and Poor's Indian unit, Crisil, warned on Monday that nearly three gigawatts of solar power projects worth $2.24 billion could be at risk of penalties for missing a July 2020 completion deadline as the coronavirus hit solar industry supplies.

Prasad Koparkar, Senior Director, CRISIL Research says, "Pain in automobiles continues owing to demand slowdown. Aggregate revenue of listed automobile players is estimated to have dropped 9-10% in the third quarter. During the quarter, revenue growth of fast moving consumer goods companies, too, is expected to have moderated 4-6%, owing to weakeni...

Crisil's sharp downward revision of growth outlook comes just ahead of the RBI's three day long monetary policy committee (MPC) meeting.

Gross non-performing assets of banks are likely to rise to 8 per cent to 9 per cent by the end of 2021-22, compared to 7.5 per cent of last year,

Bharti Airtel Share Price: On Wednesday, Bharti Airtel opened on the BSE at Rs 699, touching to an intra day high of Rs 702, and an intra day low of Rs 689.45, so far.

While working capital requirements will increase, higher cash generation and prudent capital expenditure (capex) will keep credit profiles stable, shows a Crisil Ratings analysis of 42 companies with aggregate revenue of Rs 1.30 lakh crore and accounting for about 55 per cent of the sector's revenue.

Rental revenue for mall owners is seen clawing back to 80 to 85 per cent of pre-pandemic levels this fiscal compared with 55 to 60 per cent last fiscal.

The country's GDP growth may slip to 8.2 per cent in the current financial year 2021-22, if the ongoing second wave of the COVID-19 pandemic peaks by June-end, said ratings agency Crisil.

Hospitals can be among the biggest beneficiaries as incremental funding can potentially increase bed capacity in the country by 15 to 20 per cent, said Crisil Ratings

Money market fund categories bore the brunt of the outflow in the month as corporates and institutional investors redeemed their investments for paying taxes.

Crisil withdrew its ratings on Welspun Corp's non-convertible debentures of Rs 900 crore of the company.

Yes Bank shares hit the intra-day high of Rs 15.41, up 4.75 per cent from the previous closing in early trade

A gradual pick-up in economic activity, continuing demand for retail loans, and strong growth in lending by private sector banks should drive the uptick.

On Tuesday, Care Ratings (CARE) had downgraded its ratings on the long-term bank facilities and non-convertible debentures.

The rating action reflects CRISIL's expectation of a lower likelihood of any relief from Government of India after the Supreme Court (SC) on February 14, 2020, did not grant any relief to the telecom companies, including Vodafone Idea, on adjusted gross revenue (AGR) dues and directed them to make the payment before the next hearing date i.e. March...

Ratings agency Standard and Poor's Indian unit, Crisil, warned on Monday that nearly three gigawatts of solar power projects worth $2.24 billion could be at risk of penalties for missing a July 2020 completion deadline as the coronavirus hit solar industry supplies.

Prasad Koparkar, Senior Director, CRISIL Research says, "Pain in automobiles continues owing to demand slowdown. Aggregate revenue of listed automobile players is estimated to have dropped 9-10% in the third quarter. During the quarter, revenue growth of fast moving consumer goods companies, too, is expected to have moderated 4-6%, owing to weakeni...

Crisil's sharp downward revision of growth outlook comes just ahead of the RBI's three day long monetary policy committee (MPC) meeting.