Page 8 - Care Ratings

Weak corporate earnings in H1 FY20 reflect overall economic slowdown: CARE

The growth in power and fuel cost witnessed a significant moderation from 16.5% in H1 FY19

Employment growth has slowed in last two years: CARE Ratings study

Financial sector's performance has by far been most impressive with banks

Oct wholesale inflation at 40-month low of 0.16% on cheaper non-food items

The previous low was in June 2016, when inflation was negative 0.1 per cent. Deflationary pressure on manufactured product prices

MFs' exposure to NBFCs down 30% in 15 months since IL&FS crisis broke out

Fund houses have particularly pruned exposure to troubled NBFCs

Voda Idea shares fall on rating downgrade, pare losses to end 2% higher

The stock slumped 13.12 per cent to its 52-week low of Rs 3.31 apiece on BSE

CARE downgrades rating on Vodafone Idea's loans in view of SC's AGR verdict

The ratings continue to be tempered by high debt level, declining subscriber base trends, regulatory risks and prevalent intense competition in the Indian telecom industry

CARE downgrades rating on Vodafone Idea's NCDs, long-term bank facilities

Earlier on Wednesday Fitch Ratings placed Bharti Airtel Ltd on 'rating watch negative' over unpaid regulatory dues arising from a recent Supreme Court ruling

Payment of principal obligations for NCD had been delayed: Reliance Capital

The payments were due on Wednesday and Thursday, the company said in regulatory filing.

Downward spiral: Industrial output shrinks by 1.1%; at nearly 7-year low

The Index of Industrial Production (IIP) is now expected to remain muted this fiscal year

Firms opting for private placements, rather than issuing bonds in public

The main reason for this is the near absence of NBFCs from the market.

Copper in India to lose sheen due to demand-supply mismatch: CARE

India has emerged as an importer of copper ore and concentrates and imports more than 90 per cent of its concentrate requirements due to lack of copper mines in the country

Reliance Capital protests after rating agency downgrades debt to 'default'

Reliance, headed by business tycoon Anil Ambani, however, said funds had been arranged by the due date and the delay was due to technical glitches in the bank's servers

IL&FS fallout: Mother Dairy loses CARE's triple-A credit rating

Mother Dairy had to make a impairment provision of Rs 190.85 crore from the investments in IL&FS in the form of unsecured short-term inter-corporate deposits

CARE downgrades Voda Idea credit rating on weak financial showing

The development comes within two days of another rating agency Crisil downgraded credit value of Vodafone Idea

Six states to drive next phase of cement capacity ramp-ups: CARE Ratings

Rajasthan, Karnataka, Madhya Pradesh, Tamil Nadu, Andhra Pradesh and Telangana are among the leading states in terms of installed capacity

CARE Ratings tanks 19%, hits fresh 52-week low on weak Q1 results

The company's consolidated operating profit margin during the quarter contracted to 20.1 per cent from 45.6 per cent in previous year quarter.

Core sector growth at 50-month low in June; 4 out of 8 sectors contract

June growth rate falls to 0.2%, from 4.3 % in May, as refinery, steel and cement production weakens

April-June fiscal deficit hits 61.4% of FY target; touches Rs 4.32 trn mark

Data by the Controller General of Accounts showed that total expenditure for April-June was Rs 7.22 trillion

MDs on 'forced' leave, but it's business as usual for ICRA and Care Ratings

The reason for both the officials being sent on leave is the same - an anonymous complaint received by the market regulator against the agency

Care Ratings CEO sent on leave after Sebi receives anonymous complaint

Earlier this month, the local unit of Moody's Investors Service sent its managing director on leave amid an inquiry into a controversial rating decision