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Crisil Reaffirms Strong Credit Ratings for Adani Group Amid Legal Challenges
The Adani Group has a healthy Ebitda and cash balance that reduces its dependence on external debt to sustain operations, rating agency CRISIL said.
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Indian Airlines To Carry Half Of Country's International Traffic By 2028: Report
The share of Indian airlines in international passenger traffic originating from, terminating in, or transitioning through India is expected to surge 50 per cent by fiscal 2028 from 43 per cent in 2024, according to Crisil Ratings.
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Vegetarian Thali Costs 7% More In March As Onion, Tomato Prices Soared: Report
The cost of a vegetarian thali became dearer by 7 per cent in March primarily due to the rise in onion, tomato, and potato prices, an arm of domestic rating agency Crisil said today.
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India To Spend Rs 143 Lakh Crore On Infrastructure Till 2030: Report
India will spend nearly Rs 143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the Rs 67 lakh crore spent in the past seven financial years starting 2017, rating agency Crisil said today.
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Tech Mahindra Increases Headcount to 1.58 Lakh, Net Profit Falls 16.4 Percent in Q2 2022
Tech Mahindra reported a 16.4 percent slide in consolidated net profit at Rs. 1,132 crore for the second quarter. The company is the fifth biggest IT exporter in India, and posted a net profit of Rs. 1,353 crore in the year-ago period. Tech Mahindra said that it added 6,862 employees during the quarter to take its total headcount to 1.58 lakh. Earl...
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IT Services Sector Revenue Growth to Slide Sharply in FY23, Maintain Double Digit Growth: Crisil
The IT Services sector in India will see a sharp fall in revenue in FY23, according to a Crisil report. Revenue growth in FY22 was higher on a lower base of 6 percent in the COVID-hit FY21, while the current depreciation in the rupee, strong demand for new age technologies like artificial intelligence, cloud computing and Internet of Things will he...
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Rating Agencies Raise Concern Over Arun Jaitley's Capex Cut To Cap Fiscal Deficit
Crisil said the 3.3 per cent fiscal target announced for FY19 puts back the fiscal consolidation programme to take the gap down to 3 per cent by three years to 2021.
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Crisil Lowers GDP Forecast To 7% In FY18; Here's Why
This year will see some more headwinds in the form of GST related disruptions, the ratings agency said.
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'Decisive Impact' On Meat Exports: Ratings Agency CRISIL On UP's Crackdown On Slaughterhouses
Uttar Pradesh chief minister Yogi Adityanath's policies on abattoirs will have a "decisive impact" on meat exports as the state accounts for half of total exports, says a report.
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Telecom Firms Ideal Candidates to Set Up Payment Banks: Crisil
Ratings agency Crisil reported its findings in a research note while raising doubt about revenue contribution of such ventures.
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Telangana impact: Housing prices set to rise in Hyderabad
After remaining stagnant since 2009, housing prices in Hyderabad are set to rise as the market sentiment is likely to improve following the creation of Telangana, rating agency Crisil said today.
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Crisil Reaffirms Strong Credit Ratings for Adani Group Amid Legal Challenges
The Adani Group has a healthy Ebitda and cash balance that reduces its dependence on external debt to sustain operations, rating agency CRISIL said.
-
Indian Airlines To Carry Half Of Country's International Traffic By 2028: Report
The share of Indian airlines in international passenger traffic originating from, terminating in, or transitioning through India is expected to surge 50 per cent by fiscal 2028 from 43 per cent in 2024, according to Crisil Ratings.
-
Vegetarian Thali Costs 7% More In March As Onion, Tomato Prices Soared: Report
The cost of a vegetarian thali became dearer by 7 per cent in March primarily due to the rise in onion, tomato, and potato prices, an arm of domestic rating agency Crisil said today.
-
India To Spend Rs 143 Lakh Crore On Infrastructure Till 2030: Report
India will spend nearly Rs 143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the Rs 67 lakh crore spent in the past seven financial years starting 2017, rating agency Crisil said today.
-
Tech Mahindra Increases Headcount to 1.58 Lakh, Net Profit Falls 16.4 Percent in Q2 2022
Tech Mahindra reported a 16.4 percent slide in consolidated net profit at Rs. 1,132 crore for the second quarter. The company is the fifth biggest IT exporter in India, and posted a net profit of Rs. 1,353 crore in the year-ago period. Tech Mahindra said that it added 6,862 employees during the quarter to take its total headcount to 1.58 lakh. Earl...
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IT Services Sector Revenue Growth to Slide Sharply in FY23, Maintain Double Digit Growth: Crisil
The IT Services sector in India will see a sharp fall in revenue in FY23, according to a Crisil report. Revenue growth in FY22 was higher on a lower base of 6 percent in the COVID-hit FY21, while the current depreciation in the rupee, strong demand for new age technologies like artificial intelligence, cloud computing and Internet of Things will he...
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Rating Agencies Raise Concern Over Arun Jaitley's Capex Cut To Cap Fiscal Deficit
Crisil said the 3.3 per cent fiscal target announced for FY19 puts back the fiscal consolidation programme to take the gap down to 3 per cent by three years to 2021.
-
Crisil Lowers GDP Forecast To 7% In FY18; Here's Why
This year will see some more headwinds in the form of GST related disruptions, the ratings agency said.
-
'Decisive Impact' On Meat Exports: Ratings Agency CRISIL On UP's Crackdown On Slaughterhouses
Uttar Pradesh chief minister Yogi Adityanath's policies on abattoirs will have a "decisive impact" on meat exports as the state accounts for half of total exports, says a report.
-
Telecom Firms Ideal Candidates to Set Up Payment Banks: Crisil
Ratings agency Crisil reported its findings in a research note while raising doubt about revenue contribution of such ventures.
-
Telangana impact: Housing prices set to rise in Hyderabad
After remaining stagnant since 2009, housing prices in Hyderabad are set to rise as the market sentiment is likely to improve following the creation of Telangana, rating agency Crisil said today.
