Page 9 - Care Ratings
CARE Ratings slips 5% after MD Rajesh Mokashi sent on indefinite leave
Sebi has launched adjudication proceedings against three rating agencies ICRA, Care Ratings and India Ratings in the ratings assigned to IL&FS and its group firms.
 "CARE Ratings slips 5% after MD Rajesh Mokashi sent on indefinite leave")
Investors flee debt funds as credit quality slumps to lowest in 16 months
Cracks in the money market that started with IL&FS Group's default last year widened in June after mortgage lender Dewan Housing Finance Ltd. delayed debt payments
 "Investors flee debt funds as credit quality slumps to lowest in 16 months")
Reliance Capital, Reliance Infra dip for sixth straight day, fall up to 7%
The dip started after rating agency CARE Ratings (CARE) reaffirmed its rating at 'BBB' and revised rating outlook to 'credit watch with negative implications'
Reliance Power disagrees with CARE ratings on its subsidiary Sasan Power
Reliance Power said Sasan has always been regular on debt service without taking any support from its parent company
 "Reliance Power disagrees with CARE ratings on its subsidiary Sasan Power")
CARE places PNB HFC rating on watch, flags rising share of corporate loans
The action is triggered by the increasing share of the corporate loan book in PNBHFL's total loan portfolio and the consequent vulnerability arising out of weakness in real estate sector
 "CARE places PNB HFC rating on watch, flags rising share of corporate loans")
Abandoned investment intentions rise 7.21% to Rs 7.88 trn during Apr-Sep
However, the investment dropped has increased. There is hence a mixed picture here", a report by CARE Ratings noted
 "Abandoned investment intentions rise 7.21% to Rs 7.88 trn during Apr-Sep")
Number of infrastructure projects rise, so do cost overruns: CARE
The CARE report gives a brief on the status of 1,361 Central Sector Infrastructure projects costing Rs 1.50 billion and above
 "Number of infrastructure projects rise, so do cost overruns: CARE")
CARE Ratings put certain YES Bank debt instruments on credit watch
Credit rating agency CARE had put some of its debt instruments on 'credit watch with developing implications'
 "CARE Ratings put certain YES Bank debt instruments on credit watch")
Hotels to see 11-13% growth in room revenue over 5 years: CARE
CARE said the domestic business traveller segment has grown to constitute 34.4% of the total demand
 "Hotels to see 11-13% growth in room revenue over 5 years: CARE")
CARE Ratings sees agri output boosting GDP growth to 6.5% in June quarter
We expect first quarter GDP growth at 6.5 per cent at 2011-12 constant prices: Care Ratings
 "CARE Ratings sees agri output boosting GDP growth to 6.5% in June quarter")
CARE Ratings surges on stake buy by CRISIL
CARE Ratings surged 16% to Rs 1,660 after CRISIL buys nearly 9% stake in the company
 "CARE Ratings surges on stake buy by CRISIL")
