Saturday, February 01, 2025 | 01:31 AM ISTEN Hindi
Business Standard
Notification Icon
userprofile IconSearch

Page 4 - Care Ratings

DHFL bid: CARE Ratings subsidiary on Sebi radar over Oaktree's bonds

The markets regulator found it was a subsidiary of CARE which had rated the Oaktree acquisition proposal, not the bonds

DHFL bid: CARE Ratings subsidiary on Sebi radar over Oaktree's bonds
Updated On : 13 Jan 2021 | 6:10 AM IST

Credit quality of rated entities improved in Q3, says CARE

The MCR, the ratio of upgrades plus reaffirmations to downgrades plus reaffirmations, rose to 0.96 for Q3FY21

Credit quality of rated entities improved in Q3, says CARE
Updated On : 04 Jan 2021 | 1:45 AM IST

APL Apollo Tubes hits new high; stock zooms 128% in calendar year 2020

The stock hit a new high of Rs 853 on Thursday, and was trading higher for the seven straight day

APL Apollo Tubes hits new high; stock zooms 128% in calendar year 2020
Updated On : 31 Dec 2020 | 10:27 AM IST

FPA Global Opportunity Fund sells CARE Ratings' shares worth Rs 52 cr

FPA Global Opportunity Fund on Tuesday sold nearly 10 lakh shares of CARE Ratings Ltd worth about Rs 52 crore through an open market transaction.

FPA Global Opportunity Fund sells CARE Ratings' shares worth Rs 52 cr
Updated On : 29 Dec 2020 | 8:53 PM IST

CCI dismisses unfair practices complaint against 4 credit rating agencies

CCI dismissed a complaint alleging that Crisil, India Ratings, Care Ratings, and ICRA indulged in unfair business practices

CCI dismisses unfair practices complaint against 4 credit rating agencies
Updated On : 29 Dec 2020 | 7:04 PM IST

Farm sector maintains robust growth in Q2, GVA up 7.7% at current prices

Experts say many crops don't come into the market during July-Sept and the real impact of kharif harvest will be felt in the subsequent quarters

Farm sector maintains robust growth in Q2, GVA up 7.7% at current prices
Updated On : 28 Nov 2020 | 2:04 AM IST

CARE Ratings revises LVB's ratings from 'BB- ' to 'BB-' under credit watch

The development comes after the government imposed a moratorium on LVB after considering an application filed by the RBI

CARE Ratings revises LVB's ratings from 'BB- ' to 'BB-' under credit watch
Updated On : 20 Nov 2020 | 11:01 PM IST

Mutual funds' share in CPs of NBFCs dips to 3.2% of debt assets in Sept

This figure stood at 9.5 per cent in September 2019, according to report by CARE Ratings

Mutual funds' share in CPs of NBFCs dips to 3.2% of debt assets in Sept
Updated On : 07 Nov 2020 | 2:14 AM IST

CARE Ratings freezes at 20% upper circuit on heavy volumes post Q2 results

The board has approved the payment of an interim dividend of Rs 8 per equity share of the face value of Rs 10 each for the financial year 2020-21.

CARE Ratings freezes at 20% upper circuit on heavy volumes post Q2 results
Updated On : 04 Nov 2020 | 12:06 PM IST

Gross NPAs of banks may jump to 11.5% by end of FY21: Care Rating

The gross NPAs ratio of Indian banks is likely to be 11-11.5% by end of this fiscal and they are likely to restructure 4 to 5 per cent of the overall bank credit outstanding, according to Care Rating

Gross NPAs of banks may jump to 11.5% by end of FY21: Care Rating
Updated On : 14 Oct 2020 | 3:31 PM IST

Covid-driven loan recast to take GNPAs to 11.5% by March: CARE report

Care Ratings expects 4-5 per cent of the existing loans to be stressed and opt for restructurings through the course of the year

Covid-driven loan recast to take GNPAs to 11.5% by March: CARE report
Updated On : 14 Oct 2020 | 12:05 AM IST

CARE Ratings downgrades LVB debt instruments over plunge in net worth

Development follows Brickwork Ratings downgrade of long-term bonds of about Rs 50 cr and LVB receiving an indicative non-binding offer from Clix Group

CARE Ratings downgrades LVB debt instruments over plunge in net worth
Updated On : 10 Oct 2020 | 1:22 AM IST

CARE downgrades rating for Lakshmi Vilas Bank's issued, proposed securities

The 93-year old private sector Lakshmi Vilas Bank (LVB) on Friday said credit rating agency CARE Ratings has downgraded its rating of already issued and proposed securities

CARE downgrades rating for Lakshmi Vilas Bank's issued, proposed securities
Updated On : 09 Oct 2020 | 7:41 PM IST

High Kharif output, MSP hikes to give farmers extra Rs 50k cr: CARE Ratings

Kharif crops account for nearly 9 per cent of the total gross value added and contribute nearly 60 per cent of value addition of the agriculture and allied activities sector

High Kharif output, MSP hikes to give farmers extra Rs 50k cr: CARE Ratings
Updated On : 25 Sep 2020 | 10:09 PM IST

IL&FS case: Sebi raises penalty to Rs 1 crore each on ICRA, CARE

Markets regulator Sebi on Tuesday enhanced the penalty amount to Rs 1 crore each on rating agencies ICRA and CARE in connection with lapses on their parts while assigning credit rating to non-convertible debentures of IL&FS. The crisis at diversified IL&FS, whose board was superseded by the government, came to light in September 2018 and since then, the company as well as related entities have come under the regulatory lens. The regulator, in December 2019, had imposed a fine of Rs 25 lakh each ICRA and CARE Ratings in the matter saying the default by IL&FS occurred due to "lethargic indifference and needless procrastination and laxity" of these rating agencies. While the regulator came down heavily on the rating agencies with sharp observations but it was felt that the same was not reflected in penalty, several experts said. Sebi examined the order passed by Adjudicating Officer (AO) and observed that the penalty levied by AO appeared to be erroneous and not commensurate

IL&FS case: Sebi raises penalty to Rs 1 crore each on ICRA, CARE
Updated On : 23 Sep 2020 | 12:39 AM IST

Business activity may not touch pre-Covid-19 levels before March: Survey

Companies in the construction, real estate, manufacturing and power sectors said they are facing problems because of the return of migrant labourers back to their villages

Business activity may not touch pre-Covid-19 levels before March: Survey
Updated On : 21 Sep 2020 | 10:08 PM IST

Covid-19 impact: Moody's, CARE Ratings cut India's FY21 GDP estimates

The global rating agency had earlier predicted GDP to contract 4 per cent. On Friday, it predicated 11.5 per cent contraction

Covid-19 impact: Moody's, CARE Ratings cut India's FY21 GDP estimates
Updated On : 12 Sep 2020 | 2:10 AM IST

June results show op profit margins high even as profits sank: CARE Ratings

The numbers looked at the aggregate performance of 1,435 companies excluding those from the banking and finance sectors

June results show op profit margins high even as profits sank: CARE Ratings
Updated On : 07 Sep 2020 | 6:03 PM IST

Sebi slaps Rs 1 cr fine on CARE Ratings over lapses in RCom case

In May 2017, CARE Ratings downgraded the ratings assigned to non-convertible debentures (NCDs) issued by RCom to default

Sebi slaps Rs 1 cr fine on CARE Ratings over lapses in RCom case
Updated On : 27 Jul 2020 | 10:31 PM IST
Updated On : 22 Jul 2020 | 5:11 PM IST