Delay in debt refinancing of Vedanta Resources, higher-than-expected dividends by Vedanta Limited seen as key rating sensitivity factors
Delay in debt refinancing of Vedanta Resources, higher-than-expected dividends by Vedanta Limited seen as key rating sensitivity factors
The agency welcomed the Rs 1.70-trillion package announced by Finance Minister Nirmala Sitharaman
According to the ratings agency, non-adherence to completion of timelines attracts penalties, including downward renegotiation of tariffs, as per the standards of PPAs
Fund house has carved out separate portfolios in six schemes to hold the exposure
According to Nielsen's estimates, India's Rs 4 trillion FMCG market is expected to grow by 10% in calendar year 2020 (CY20)
The rating on the short-term bank facilities has been reaffirmed at 'CRISIL A1+'.
Half of those shifting may use tax savings for ongoing capex to strengthen balance sheet
The Crisil note says recent measures taken by govt will at best address some "pain points" apart from supporting the sentiment
The development comes within two days of another rating agency Crisil downgraded credit value of Vodafone Idea
CRISIL said the slowdown would be pronounced in the first half of the fiscal, while the second half should find support from expected monetary easing, consumption, and statistical low-base effect
The upgrade reflects the improvement in Technoparks cash flow due to leasing of additional commercial space across its Phases 1, 3 and Technocity
According to CRISIL, if Indian companies were to be assessed on a global scale, their ratings will be in the range of BBB and D
Share of rating segment in total revenue falls 120 basis points year-on-year to 27.4%
CRISIL said ratings assigned to Basel III tier I bonds have been reaffirmed for nine PSBs and outlook has been retained as 'Negative'
The 9.5 per cent NPA figure for March 2017 includes only two-thirds of the overall stressed assets, it said